Friedberg Mercantile Group Ltd.
Primary
CA
Registration not shown
← Broker directory
1 entity
unverified
Broker profile
FR
Friedberg Direct Review: Is It Legit and Regulated?
Friedberg Mercantile Group Ltd.
CA
Operating period unverified
AKA Friedberg Mercantile Group
FindMyFX score
high risk4.6/10
0
Score out of 10
10
Independent assessment
Updated 2026-08-01
Contact & regulation
- Official website
- friedberg.ca
- Address
- 220 Bay Street, Suite 600, Toronto, Ontario, M5J 2W4, Canada
- Contact
- 220 Bay Street, Suite 600, Toronto, Ontario, M5J 2W4, Canada
- Primary license
- CIRO · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Friedberg Direct legit and regulated?
FindMyFX has license records for Friedberg Direct, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Canadian order-execution brokerage division providing access to spot foreign currency, currency options, commodity futures and CFDs through partner trading technology.
Professional broker overview
FindMyFX editorial summary
Friedberg Direct is a division of Toronto-based Friedberg Mercantile Group Ltd. and uses FXCM technology for foreign-exchange and CFD trading while client accounts remain with the Canadian firm. CIRO identifies Friedberg Direct as a division of a CIRO-regulated member, and CIPF lists Friedberg Mercantile Group Ltd. as a current investment-dealer member.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The reviewed sources do not provide a single global leverage figure, minimum deposit or typical major-pair spread. CIRO also records a concluded enforcement matter with a CAD 223,000 fine and CAD 25,000 costs.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Order-execution-only online brokerage using partner trading platforms.
- Support hours
- Not verified
Documented advantages
- Client accounts are held with the Canadian legal entity while FXCM supplies trading technology.
Documented limitations
- The reviewed pages did not establish one minimum deposit, leverage figure or typical spread for all accounts.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Markets and instruments
currency options
unverified
Spot foreign currency
unverified
Research sources
About Friedberg Direct
FXCM Canada and Friedberg Direct
unverified
Spread costs
FXCM Canada and Friedberg Direct
unverified
Investor alerts
Canadian Investment Regulatory Organization
unverified
Current CIPF member directory
Canadian Investor Protection Fund
unverified
Friedberg Mercantile Group enforcement matter
Canadian Investment Regulatory Organization
unverified
Licenses and regulators
CIRO
No license number
Last verified: Not shown
Type: Investment dealer
Client class: Not shown
Compensation: Canadian Investor Protection Fund membership, subject to CIPF coverage rules.
Segregated funds: Unknown
Negative balance protection: Unknown
Risk flags
Concluded CIRO enforcement matter
medium · draftCIRO records a concluded enforcement matter against Friedberg Mercantile Group Ltd. with a CAD 223,000 fine and CAD 25,000 in costs.
Score components
Regulation and licenses
7.5/10 · 35%CIRO identifies the firm as a regulated member and CIPF lists it as a current investment-dealer member.
Security and track record
2.5/10 · 20%Current CIPF membership is documented, alongside a concluded CIRO enforcement matter.
Trading conditions
5.0/10 · 15%Official partner pages document products, platforms and compensation methods, but not one universal leverage or spread figure.
Company transparency
7.5/10 · 10%The legal entity, account-holding structure, headquarters and technology relationship are publicly described.
Service quality
0.0/10 · 10%No inspectable verified service-quality dataset was found.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset was found.
Profile update history
Broker profile was published.
2026-07-28
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.