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Borussia Friedenstal was founded in 1953. After a friendly game in 1969 the women's department was established under the lead of Fritz Böke and Doris Henschel. Four years later Friedenstal began participating in official games. 1975 Friedenstal achieved promotion to the Bezirksliga and three years later another promotion brought the club to Germany's top-tier football league, the Landesliga. In 1980 Borussia lost in the final of the Westfalencup only on penalties to TSV Siegen, a club to become one of Germany's most successful women's teams. Friedenstal also qualified for the Verbandsliga at its inception in 1981 and for the Regionalliga at its inception in 1985.

After withdrawing their team from the Regionalliga Friedenstal got promoted to the Regionalliga again in 1993. An intermezzo in the Verbandsliga in 1995–96 ended without a loss and yet another promotion to the Regionalliga for Friedenstal. The club won the Westfalenpokal in 2000 and 2001, thereby qualifying for the DFB Pokal and on both occasions reaching the round of 16 in the cup.

At the inception of the 2. Bundesliga in 2004 Friedenstal failed to qualify, but managed promotion as champion of the Regionalliga West in 2006. After just two years in the 2. Bundesliga the club's greatest success came in form of the promotion to Germany's premier football league, the Bundesliga where Friedenstal faced immediate relegation, though. In 2009–10 Friedenstal won 2. Bundesliga again, this time without a loss and setting a new record and plays in the 1. Bundesliga again in 2010–11.