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In the world of forex trading, having a reliable broker is paramount to achieving success. This article sets out to review, a forex broker that has been in operation since 1971. Headquartered in Toronto, Canada, this broker offers a variety of trading options including forex currency pairs, CFDs, commodities, stocks, bonds, gold, silver, oil, bitcoin, and other cryptocurrencies. provides trading platforms like MT4 and MT5, renowned for their user-friendly interfaces and advanced features. They also offer web and mobile trading, making it convenient for traders to monitor and make transactions on the go. With a minimum trade size of 0.01 and a maximum leverage of 30:1, caters to both novice and seasoned traders. In addition to trading, the company also allows for the use of EAs/Robots, news trading, and scalping. They also provide a variety of deposit and withdrawal methods, including bank transfers, VISA, MasterCard, and various e-wallet options. Despite being in the industry for decades, continues to evolve, offering over 55 currencies, 10 cryptocurrencies, and 110 CFDs. This comprehensive review will delve into the specifics of these offerings, the company's customer service, and overall performance in the forex trading world. Please note that this review is impartial, aiming to provide a balanced view of based on its offerings and performance.


In the world of Forex trading, choosing a reliable broker is crucial. This review focuses on, a Forex broker that has been in operation since 1971. Based in Toronto, Canada, the company offers a wide range of trading options, including over 50 forex currency pairs, CFDs, commodities, stocks, bonds, and cryptocurrencies like Bitcoin and Ethereum.

Trading Platforms and Features utilizes top-tier trading platforms – MT4 and MT5. These platforms are popular for their user-friendly interfaces, advanced charting tools, and automated trading capabilities. Additionally, also supports NinjaTrader, a platform known for its advanced market analysis capabilities.

One of the key features of is its low minimum trade size of 0.01 and a maximum leverage of 30:1. This provides flexibility for both novice and experienced traders. The company also supports a wide range of trading instruments, including over 55 currencies and more than 10 cryptocurrencies. For CFD trading, offers over 110 options, including precious metals, stocks, stock indexes, bonds, oil, and other commodities.

Account Management and Trading Conditions allows for various trading conditions such as EAs/Robots, news trading, and scalping. Additionally, the broker provides options for managed accounts and social trading through MAM and ZuluTrade. This flexibility caters to a diverse range of trading strategies and preferences.

Deposits and Withdrawals

Depositing and withdrawing funds from is convenient, with the broker supporting a wide array of methods including bank wire transfers, VISA, MasterCard, and various e-wallets like Skrill and Neteller. This makes it easier for traders worldwide to manage their funds.

Regulation and Safety is regulated by the Canadian Investment Protection Fund (CIPF) and the Investment Industry Regulatory Organization of Canada (IIROC). These regulatory bodies ensure that the broker adheres to strict financial standards, providing an added layer of security for traders.

Pros and Cons


  • Long-standing reputation with over 50 years in the industry
  • Wide range of trading options
  • Top-tier trading platforms (MT4, MT5, and NinjaTrader)
  • Low minimum trade size and flexible leverage


  • Not available in some countries
  • Limited customer support channels

Scammer or Not?, with its long history and regulatory oversight, appears to be a legitimate broker. However, as with any financial decision, potential traders should conduct their own due diligence.

Feedback and Reviews

For those who have used, sharing your experience on can provide valuable insights for others. Remember, independent reviews are an essential part of the financial community.


What is the minimum deposit to open a live trading account with
The minimum deposit to open a live trading account with is $50.

Does offer mobile trading?
Yes, does offer mobile trading.

What types of trading does offer? offers Forex trading, CFDs, commodities trading, stocks, bonds, and cryptocurrency trading.

Is a scam?
Based on the company's long-standing operation and regulatory oversight, appears to be a legitimate broker. However, traders should always conduct their own research.

What is the maximum leverage offered by
The maximum leverage offered by is 30:1.

Note: This review is independently written and does not contain any recommendations or conclusions about the use of It is always recommended to do your own due diligence before choosing a forex broker. Forex Trading with Top MT4 and MT5 Platforms

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1 review

5 months ago

Review: Navigating Amidst Canadian Margin Rules

Trading is complex enough as it is. Add to that the complex margin regulations in Canada, and you've got a somewhat challenging terrain – not exactly a fault of Friedberg Direct and, admittedly, is often a misunderstood point that casts an unwarranted shadow on their actual performance. To those unfamiliar, adverse sentiments are often directed towards Canadian Forex regulation, which results in the unfortunate misrepresentation of However, rating a company poorly for mere compliance to the laws of its jurisdiction is an unfair appraisal. What we should focus on instead is what they bring to the table in view of these stringent regulations. Their dependability, trustworthiness, and how they handle customer complaints should form the basis of our evaluation – and it’s in these areas that my interest lies. My interactions with have been limited as my usage was during their tenure under US jurisdiction. Despite this short-lived relationship, I had an extremely positive experience. Their customer service was excellent, an attribute embodied by my account manager based in Los Angeles who was nothing short of exceptional. Not only did they provide a seamless trading experience, but they were instrumental in helping navigate the complicated landscape of Canadian margin requirement laws. This, in itself, was a significant help, especially considering the complexity of these laws can be as confusing as trying to decipher Morse code, as experienced by two posters who previously used FXCMUK. Though I haven't issued a star rating due to my limited exposure, it’s clear that my experience with was one characterized by professionalism, efficiency, and top-notch customer service. It is critical, however, to distinguish between the frustrations induced by regulatory standards and the actual performance of the company.

1 review

5 months ago

Review: - Excellent Service Despite Canadian Margin Rules

In the investment trading space, there's one thing we've all come to accept – Canadian Margin regulations can often present a major challenge. However, don't let that deter you from seeking excellent service; in fact, it’s in such dynamic landscapes that the true worth of a company becomes evident. Case in point: has often been unfairly brandished for being compliant with Canadian Forext regulations - a thought-process that seems rather skewed. They're simply adhering to the laws of their jurisdiction which, to me, signifies a high degree of responsibility and trustworthiness. An understanding of this fact brings the harsh criticisms of the anonymous posters into perspective. Undeniably, what most potential clients would be interested in is the company's dependability. Based on my experience, their service was commendable when the company was stationed primarily in the USA. My account was managed from Los Angeles, and the professionalism and reliability exhibited by my account manager were nothing short of excellent. During my interactions with them, I never encountered any issues with their customer service, which is a significant aspect of any business. Moreover, I found their support during the setup and navigation of Canada's complex margin requirement laws considerably helpful. This was particularly beneficial, given the stringent financial protocols of Canada and the frustrations documented by former users of FXCMUK. While I may not have had extensive exposure to, my experiences with them in the USA, and as a client residing in Canada, have been largely positive. I chose not to provide a star rating as my exposure to the company is limited. However, their attentiveness, understanding of regulations, and most notably, their patience in walking clients through Canada's intricate margin regulations, all highlight their commitment to excellent customer service. In conclusion, finding a trading company that operates within stringent regulations and still manages to offer commendable customer service is a win - and seems to do just that.


1 review

5 months ago

Unbiased Review of Navigating Canadian Margin Laws

As a frequent Forex trader, you might occasionally find yourself frustrated by Canadian Margin regulations. While they can admittedly be taxing, it's essential to clarify that this is not a fault borne by Prior to their relocation, I had several encounters with their customer service, which I must say, was certainly up to the mark. Recent anonymous posts criticizing the company raised my brows, especially when the grievances seem to stem from complications in Canadian Forex regulations. It appears somewhat counterintuitive to me to rate any organization poorly solely based on the compliance with their jurisdiction's legal framework. In this review, I aim to zero in on critical aspects like's dependability, trustworthiness, and responsiveness to customer complaints. My interactions with this company have admittedly been limited - mostly when they were based in the USA. Hence, I haven't given it a star rating in this review. My account manager was in LA, and he was indisputably top-tier. His exceptional handling of my concerns has always left me grateful. Furthermore, I never encountered any problems with their customer service. As someone who has always had accounts in Canada, they have been my helping hand in dealing with the mind-boggling complexities of Canadian margin requirement laws. The aforementioned law seems to be the bone of contention for the two posters who had previously engaged with FXCMUK. Consequently, I must give credit where due, and with, it's due in their commitment to helping users maneuver through Canadian stipulations. This not only highlights their in-depth understanding of the Forex trading terrain but their undeniable dedication to empowering their clients to navigate it seamlessly.


1 review

5 months ago

Unbiased Review: amid Canadian Margin Regulations

If you believe the difficulties of Canadian Margin regulations are just too hard to stomach, don't hasten to cast the blame on After all, they're simply playing by the rules that their domestic law dictates. While it might seem easy to ascribe a unfavorable rating to a company due to regulatory frustrations, it is crucial to separate our understanding of the broker's operations from the constraints of the governing laws. In my review of, I will delve into their service reliability, client trustworthiness, and the nature of their customer complaints, if any. It is pertinent to note, my interactions with the company have been limited, hence the absence any star rating in this review. My personal experience with this broker has been largely satisfactory when they were predominantly operating from the United States. The firm ensured that my account was assiduously monitored by a competent agent based in Los Angeles. The level of service lent credence to their reputation, ridding any apprehensions that a potential client might harbor. Although my dealings have predominantly been via accounts based in Canada, I must commend how diligent they were in guiding me through the labyrinthine web of Canadian margin requirement laws. This was particularly advantageous to me while transitioning from FXCMUK; the attentiveness and patience they demonstrated while explaining the intricacies of these regulations was nothing short of commendable. This is not to say that the underpinning rules and regulations in Canada are not daunting, to say the least. They undeniably make the trading process seemingly complicated and uninviting. Nevertheless,, in my experience, has been assiduous in demystifying these laws for their users while upholding a level of service that leaves one with little to complain. Overall, in considering the complexities of Canada's Forex regulations, it would be unfair to saddle with undue criticism. I found them to be a supportive guide in navigating the Canadian trading landscape. As a potential client, it's always prudent to separate these wider regulatory frameworks from the service a broker provides, as has shown in their distinction in client service.

1 review

5 months ago

Unbiased Review: FriedbergDirect's Exceptional Service Amid Canadian Margin Rules

In a paradigmatic world of perplexing Canadian Forex regulations, it seems unfair to pin the blame to FriedbergDirect for their habitual compliance with the law of their jurisdiction; a factor often overlooked by the disgruntled. The frustration of the unidentified reviewers evidently stems from the constraining nature of the Canadian Margin rules. However, viewing the realms of this Company's commitment merely through the lens of the regional regulations misrepresents the essence of the service they provide. As the readers navigate this pragmatic review, my focus is not set on pulling apart the Canadian laws to question the dependability of FriedbergDirect. My main objective lies in shedding light on the aspects that truly matter - the credibility of the organization, their front-lining customer service, and the nature of their customer complaints. Limited as my exposure to this company may be, I doe not attempt a star-rating since my experience tethers back to when they were established in the USA. Engaging with them while they functioned within American borders was an experience defined by excellence. The representative in charge of my account was based out of Los Angeles - a true professional who went above and beyond in nourishing a fulfilling professional relationship. Navigating through the treacherously complex, headache-inducing Canadian margin requirements laws was surprisingly understandable with the guidance from FriedbergDirect's impeccable customer service. Their expertise proved to be a beacon of clarity in foggy weather, guiding me shielded from the confusion sown by the formerly FXCMUK-affiliated reviewers. Ultimately, it's clear that FriedbergDirect stands tall amidst the sea of Forex trading entrants, resolved to offer top-tier customer service, and unwavering compliance to jurisdictional laws - an unsung hero that deserves recognition for their unflinching commitment to users.