The percentage of our retail client accounts that were profitable in the last, most recent, four quarters was: | Q1-2026 : 30% | Q4-2025: 29% | Q3-2025: 40% | Q2-2025: 30%. Contracts for Difference (CFDs) are complex instruments with a high risk of losing money rapidly due to leverage and may not be suitable for all investors. You should not trade with money you cannot afford to lose. These percentages are for illustrative purposes only and do not indicate future performance.

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High Risk Investment Warning: Trading Forex/CFD & Options on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts. Please read our full (risk disclosure).
Friedberg Direct is a division of Friedberg Mercantile Group Ltd., a member of the Canadian Investment Regulatory Organization (CIRO), the Canadian Investor Protection Fund (CIPF), and most Canadian Exchanges. Friedberg Mercantile Group Ltd. is headquartered at 220 Bay St., Suite 600, Toronto, ON M5J 2W4, Canada.
Accounts are opened with and are held by Friedberg Direct which clears trades through a subsidiary within the AvaTrade group of companies (collectively, the "AvaTrade Group"). Customers of Friedberg Direct may, in part, be serviced through subsidiaries within the AvaTrade Group. The AvaTrade Group does not own or control any part of Friedberg Direct and is headquartered at Five Lamps Place, Amiens Street, Dublin 1, Ireland
* The trading desk opens on Sundays between 5:00 PM ET and 5:15 PM ET. The trading desk closes on Fridays at 4:55 PM ET. Please note that orders placed prior may be filled until 5:00 p.m. ET and that traders placing trades between 4:55 p.m. and 5:00 p.m. may be unable to cancel orders pending execution .
§ Friedberg Direct’s liquidity providers include global banks, financial institutions, prime brokers and other market makers

Regulatory Documents:

* How CIRO Protects Investors

* CIRO Complaints Brochure

* CIPF Brochure

* CIPF Coverage Policy

* CIRO Order Execution Only Bulletin

* Conflicts Disclosure Statement

* Covid-19 and Cyber Security - Tips for Investors

* RDID and Statement of Policies

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Friedberg Direct, 220 Bay Street, Suite 600 Toronto, Ontario M5J 2W4.