FOREX.com vs Friedberg Direct: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFOREX.comFriedberg Direct
Licence Score86Very strong60Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record71
1 FCA United Kingdom Licensed—
1 ASIC Australia Licensed—
1 JFSA Japan Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
1 CIRO Canada LicensedLicensed
2 CySEC Cyprus Licensed—
Founded20011971
HeadquartersUnited StatesCanada
TypeForex & CFD brokerForex & CFD broker
Publicly listedNASDAQ:SNEXNo
PlatformsProprietary, MT4, MT5, TradingViewMT4
Minimum depositUS$100—
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Frequently asked questions

Is FOREX.com or Friedberg Direct better regulated?

FOREX.com has the higher Licence Score (86 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both FOREX.com and Friedberg Direct?

Both are matched to licences from CIRO.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.