Friedberg Direct Review
The group of companies has started activities in 1971. With the growing popularity of Forex trading, two popular FX brokers FXCM and AvaTrade have entered into relations with Friedberg Direct to provide Canadian FX traders with brokerage services.
Account types and trading instruments
The broker offers the same account types as Avatrade and FXCM. They are the following:
- Demo account.
As for the instruments, Friedberg Direct provides traders with the most popular assets including Forex currency pairs, CFDs on commodities, stocks, indices, bonds, and options.
Friedberg Direct provides clients with the most cutting-edge trading technologies allowing them to use the following terminals:
- Trading station (a proprietary platform, designed by Friedberg). It comprises different types of charts and tools, orders and other features. There are also several options for strategy development.
- This terminal provides access not only to Forex but also to derivatives and equities. The platform has a built-in strategy development tools.
Both Avatrade and FXCM Friedberg Direct divisions provide investors with the mobile versions of trading platforms for the most popular iOS and Android OS.
Analytics and education
Every Friedberg Direct client can familiarize himself with platforms and order types by watching special training videos. There is also an article dedicated to the basics of Forex trading with a couple of useful videos for beginners. Those who have already some experience are welcomed to use a demo training account. This opportunity allows clients to develop their own strategies.
If you visit the Friedberg Direct FXCM website, you can find a special Insight section there where there are plenty of useful strategies and articles on trading.
As for research, both FXCM and Avatrade offer some interesting tools like scanner, Economic Calendars, Calendar of earning releases, etc. The market scanner is a special trading app allowing users to choose the indicators and to find a consensus between them.
Avatrade offers a special Forex eBook about trading basics, providing traders with all necessary information about how the financial markets work, the basics of technical and fundamental analysis, etc. There are different useful videos on trading platforms and practical trading, some interesting tips.
FXCM FD division offers some useful apps for algorithmic trading. This section contains different types of applications including indicators, standalone apps, scripts, and add-ons. It is to mention that some of those program products are free but there are some apps for sale. Before choosing an app, one needs to indicate the type of platform he uses.
Wide range of CFD instruments and derivatives
a set of modern trading platforms for different devices