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SquaredFinancial Review 2023

Updated:
4.2
Trust
4.2
Fees
4.3
Platforms and Tools
4.8
Customer Support
4.2
Tradable Instruments
4.5
Account Types and Terms
4.9
Deposit and Withdrawal
5.0
Research
2.3
Education
1.3
While we adhere to strict editorial integrity, this page may refer to our partners' products. Here's how we make money.Learn how we make money and our review methodology.

Please note: The SquaredFinancial review is based on a Squared Pro Account, using the MT5 desktop and mobile platforms, opened with SquaredFinancial (Seychelles) Ltd.

The Big Picture

Founded in 2005, SquaredFinancial is a multi-asset online CFD broker based in Seychelles. The company provides its services via SquaredFinancial (Seychelles) Ltd, which is regulated by the Financial Services Authority (FSA), and SquaredFinancial (CY) Ltd, which is regulated by the Cyprus Securities and Exchange Commission (CySEC).

The broker offers the highly popular MetaTrader 4 and MetaTrader 5 platforms, as well as its in-house Squared WebTrader platform. Traders can choose between a spread-based account (SquaredPro) and a commissions-based account (SquaredElite).

SquaredFinancial provides access to forex pairs, indices, commodities, ETFs, stocks, and cryptocurrencies. Multiple deposit and withdrawal options, including cryptocurrencies, are available.

SquaredFinancial Key Takeaways For 2022

  • We evaluated SquaredFinancial across 9 categories (Trust and Stability, Fees, Tradable Instruments, Account Types, Deposit and Withdrawal, Research, Customer Support, Education, and Platforms and Tools).
  • The broker received a great score in the Account Types category as it provides a sufficient number of account base currencies and has a low minimum deposit.
  • SquaredFinancial also received a great score in the Platforms and Tools category as it provides access to the highly popular MetaTrader 4 and MetaTrader 5.
  • SquaredFinancial’s score was also high in the Tradable Instruments category due to the huge number of available stocks and ETFs as well as its cryptocurrency offering.
  • The broker got a decent score in the Trust and Stability and Fees categories as it is regulated by Tier 1 and Tier 3 regulators and provides competitive spreads and commissions.
  • The Deposit and Withdrawal score was excellent thanks to multiple deposit and withdrawal options and the absence of fees.
  • Customer Support score was decent as the broker’s support team provided timely and professional answers.
  • SquaredFinancial got a low score in the Education and Research categories as its educational and research support are weak.

Who is SquaredFinancial For?

SquaredFinancial provides spread-based and commission-based accounts. The broker offers leverage of up to 1:500. Beginner traders should note that the broker’s research and educational support is limited. Advanced traders will benefit from multiple base currency options and a sufficient number of deposit and withdrawal options that include cryptocurrencies. In addition, advanced traders will benefit from access to a huge number of stocks and ETFs.

SquaredFinancial Pros and Cons

Pros Cons
  • A wide range of available stocks and ETFs.
  • Multiple deposit and withdrawal options, including cryptocurrencies.
  • SquaredFinancial (CY) Ltd is regulated by a Tier-1 regulator.
  • Weak educational and research support.
  • High spreads for GBP/JPY.

 

broker

Your capital is at risk.

 

About the Author

Vladimir Zernov
Vladimir is an independent trader and analyst with over 10 years of experience in the financial markets. He is a specialist in stocks, futures, Forex, indices, and commodities areas using long-term positional trading and swing trading.
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How Do We Rate?

When trading forex and CFDs, it is crucial to know a broker's strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated.
How Do We Rate Chart
Visit our methodology page to learn more about our review and rating process.
SquaredFinancial Main Features
☑️
Regulations
CySEC (Cyprus), FSA(SC) (Seychelles)
🗺
Supported Languages
English, Spanish, Arabic, Chinese, Italian
💰
Products (CFD)
Currencies, Commodities, Indices, Stocks, Futures, Crypto
💵
Min Deposit
$100
💹
Max Leverage
1:30 (CySEC), 1:500 (FSA(SC))
🖥
Trading Desk Type
Dealing Desk, DMA, ECN, Market Maker, STP
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SquaredFinancial Full Review

Trust

4.2
How Do We Test A Broker's Trust?
When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker's regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable. These factors, calculated into our score, will help you understand if your money is safe.

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SquaredFinancial received a decent score in our Trust and Stability categories. The broker is regulated by Tier 1 and Tier 3 regulators and offers a high level of transparency.

SquaredFinancial Regulations

SquaredFinancial operates under two entities:

Squared Financial (Seychelles) Ltd record on FSA
SquaredFinancial (Seychelles) Ltd record on FSA

Why is It Important to Know Where Your Broker Subsidiary Is Regulated?

Each regulator has its requirements for brokers, which may differ materially. Such requirements include leverage levels and specific protections offered to investors, including negative balance protection, segregated accounts, and investor compensation funds. Traders must understand the differences between regulations to evaluate whether the broker suits their needs.

With SquaredFinancial, clients can open an account with SquaredFinancial (Seychelles) Ltd, which is regulated by FSA, and SquaredFinancial (CY), which is regulated by CySEC.

Both entities hold clients’ funds in segregated accounts, which means that the firm’s capital is separated from clients’ money. The use of segregated accounts boosts the safety of clients’ funds in case SquaredFinancial has financial problems.

SquaredFinancial also provides negative balance protection, which ensures that clients will not be required to cover losses exceeding their invested capital.

In addition, clients of SquaredFinancial (Seychelles) Ltd will enjoy the protection of the insurance policy from Lloyd’s of London. Clients of SquaredFinancial (CY) Ltd will be subject to the protection of the Investor Compensation Fund, which covers losses of up to €20,000.

We have summarized key aspects of the broker’s entities in terms of regulation and safety in the table below:

Entity SquaredFinancial (Seychelles) Ltd SquaredFinancial (CY) Ltd
Country/Region FSA (Seychelles) CySEC (Cyprus)
Regulation Tier 3 Tier 1
Segregated Funds Yes Yes
Negative Balance Protection Yes Yes
Compensation Scheme Insurance of up to $1 million Investor Compensation Fund up to €20,000
Standard Leverage Up to 1:500 Up to 1:30

Is SquaredFinancial Safe to Trade With?

SquaredFinancial has two entities: SquaredFinancial (Seychelles) Ltd and SquaredFinancial (CY) Ltd. SquaredFinancial (Seychelles) Ltd is regulated by FSA, a Tier 3 regulator. SquaredFinancial (CY) Ltd is regulated by CySEC, a Tier 1 regulator. Both entities provide negative balance protection and hold clients’ funds in segregated accounts.

Negative balance protection ensures that clients will not lose more money than they have in their accounts. Segregation of clients’ funds from the firm’s funds ensures that the broker cannot use them for its own needs. Clients of the FSA-regulated entity have additional protection from the Lloyd’s of London insurance, which covers up to $1 million. Clients of the CySEC-regulated entity have protection from the Investor Compensation Fund, which covers losses of up to €20,000.

Stability and Transparency

In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focused on how long the broker has been in business, how big the company is, and how transparent it is in terms of information being readily available.

SquaredFinancial was founded in 2005 and has been in business for 18 years. The company is not publicly traded and has no bank parent, which is usual for brokers.

SquaredFinancial received a high score for fees structure transparency, regulation protection transparency, and general transparency.

Traders can find important legal documents on the dedicated page of the broker’s website. These documents induce the Clients Agreement, Order Execution Policy, Privacy Policy, Terms of Use, Risk Disclosure Statement, Conflict of Interest Policy, Complaint Handling Policy, and Cookie Policy.

Clients of SquaredFinancial (Seychelles) Ltd can also find the details of the broker’s insurance in the client fund protection section of the website.

Traders can find out the details of the accounts offered by SquaredFinancial on the account comparison page. Spreads for each account type can be found on the instruments pages.

In summary, our findings indicate that SquaredFinancial can be regarded as having a decent level of trust and stability due to the following factors:

  • SquaredFinancial is regulated by Tier 1 and Tier 3 regulators.
  • The broker has been in business for over 18 years.
  • The company provides easy access to important information on its website.

Fees

4.3
How Do We Test A Broker's Fees?
Broker fees can be difficult to understand. We test the broker's platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money.

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SquaredFinancial received a decent score in the Fees category in our rating. The spreads for Apple, Tesla, and Dow Jones were low while the swap rates were medium.

SquaredFinancial Trading Fees

For this review, we tested the SquaredFinancial SquaredPro account under the FSA-regulated entity, where the broker charges spreads and swap/rollover fees but doesn’t charge commissions. Spreads are variable and depend on the liquidity situation in each instrument at a certain point of time.

Spreads at SquaredPro account
Spreads at SquaredPro account

SquaredFinancial Spreads

We tested the spread on SquaredFinancial during the London open at 8:00 a.m. UK time and just after the US open at 2:45 p.m. UK time. These are the most actively traded times.

Instrument Live spread AM Live spread PM
EURUSD 1.2 1.3
GBPJPY 4.8 5.3
Gold (XAUUSD) 34 26
WTI Oil 0.04 0.03
DAX 1.4 1.4
Dow Jones 2.4 1.7
Apple n/a 0.01
Tesla n/a 0.03

SquaredFinancial offers low fees for Apple, Tesla, and Dow Jones. Spreads for EUR/USD, WTI Oil, and DAX were medium, while the spreads for GBP/JPY were high.

Swap Fees

Instrument Swap Long Swap Short
EUR/USD -9.743 3.9923
GBP/JPY 8.12 -19.8

The swap fees for EUR/USD and GBP/JPY are medium.

Are SquaredFinancial Trading Fees Good?

SquaredFinancial received a good score in the Fees category in our rating. The broker offers attractive spreads for Apple, Tesla, and Dow Jones. The spreads for other instruments we measured were medium, with the exception of GBP/JPY, which had a high spread.

Non-Trading Fees

If the client’s account is not active for 3 months, a dormant fee of $5 per month will be charged.

Platforms and Tools

4.8
How Do We Test A Broker's Platforms and Tools?
Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker's desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other 'need to know' features.

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SquaredFinancial received a high score in the Platforms and Tools category as it offers the highly popular MetaTrader 5 platform. Traders also have access to the MetaTrader 4 as well as the in-house Squared WebTrader.

SquaredFinancial Desktop and Web Platforms

In this review, we tested the MetaTrader 5 platform analyzing charts, indicators, drawing tools, orders, and the general ease of use of the platform.

MetaTrader 5
MetaTrader 5

General Ease of Use

MT5 is an advanced trading platform that could be tailored to traders’ needs. The interface is rather intuitive, although some traders may want to search for tutorials to take a deep dive into MT5’s capabilities. In general, advanced traders would have no problems with MT5, while beginners have to spend some time learning the basics of this platform.

Novice traders should go through various chart options, indicators, drawing tools, and orders. Also, they have to learn how to create their watchlists and manage their trading positions. Despite this work requires some time and effort, traders who invest in that ultimately get a powerful tool that helps achieve better trading results.

Charts

MT5 offers 97 indicators and 21 timeframes, which is more than enough to customize your charts and adjust them to your needs.

Trend indicators, oscillators, volumes, Bill Williams, and custom indicators help to design the chart you need.

Available timeframes range from 1 minute to 1 month, so they provide the trader with an opportunity to take a look at short-term developments and significant multi-month trends.

MT5 also supports objects:

  • lines
  • channels
  • Gann tools
  • Fibonacci tools
  • Elliott tools
  • shapes

Many traders use these popular tools to make decisions, so their presence is a must for any reputable trading platform.

Each chart could be displayed as a bar, a candlestick, and a line. Candlesticks are generally the most popular among traders as they suggest an abundance of various patterns that are used to make trading decisions. Although, other types of charts also have their fans.

MT5 charts are easy to configure even for novice traders, but they also offer enough options for expert traders.

Orders

MT5 offers all main order types including:

  • Market order. This order is used to buy or sell the instrument at the current market price. It is used when the trader needs to establish a position in the fastest possible way. The main downside of the market order is the necessity to pay a spread, which is a difference between the bid price and the ask price.
  • Limit orders. This order is used to buy or sell the instrument at a pre-set price or better. A limit order is used when the trader wants to get a specific entry point and is unwilling to pay the current market prices.
  • Stop-loss orders. Stop-loss orders are used to get you out of the position when the price is moving in the wrong way. The order is triggered when the price reaches a specified point.
  • Stop limit orders. This is a stop-loss order which puts a limit order instead of a market order when it is triggered. This is a dangerous way to get out of the position and it should be used only by experienced traders.
  • Trailing stop orders. This order allows you to set a stop order that will move if your open position trends in the right direction. This order is used to protect your profits in case the market direction reverses.

Different expiration types are available for all pending orders, including GTC (good-till-cancel), Today, Specified, and Specified Day.

SquaredFinancial Mobile App

In this review, we have tested the SquaredFinancial Mobile App for Android.

General Ease of Use

The MT5 mobile app for Android is rather easy to use. It provides charts, quotes, account balance info, economic calendar, news, and other tools giving traders an opportunity to make informed trading decisions.

Charts

MT5 mobile app offers:

  • 30 technical indicators
  • 24 drawing tools
  • 9 timeframes
  • 3 chart types

This selection of options is sufficient for mobile-based trading. Typically, the mobile app is used when the trader does not have access to the desktop platform but needs to monitor the market and open positions. While the app is helpful in certain circumstances, it cannot beat the speed of work that could be achieved using the desktop platform, which is the primary solution for active trading.

Orders

In an MT5 mobile app, you can set market orders, limit orders, and stop orders. Trailing stops are not available on mobile trading terminals.

Tradable Instruments

4.5
How Do We Test A Broker's Tradable Instruments?
In this section, we check the broker’s market offering and how varied the instruments and asset classes are. It will allow you to check if they offer what you're looking for and what you can trade.

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SquaredFinancial received a high score in the Tradable Instruments category. The broker offers a high number of stocks and indices, while the number of available forex pairs and commodities is medium.

SquaredFinancial provides access to 48 forex pairs, 9 commodities, 22 indices, 36 cryptocurrencies, and 8776 stocks and ETFs. The number of available stocks, ETFs, and indices is high. The stock offering is especially interesting as it provides access to instruments from various markets, including the U.S., Hong Kong, the UK, and the EU.

The number of available forex pairs and commodities is medium. SquaredFinancial also offers a decent number of cryptocurrencies.

What are CFDs?

CFDs (Contracts for Differences) are financial instruments that allow traders to bet on securities without owning the underlying securities. The key advantage of CFDs is the access to significant leverage, which is typically not available when trading other instruments. In this light, CFDs are very popular in short-term trading.

What Can You Trade with SquaredFinancial?

  • 48 forex pairs. The list includes popular names like EUR/USD and GBP/JPY as well as more exotic options like EUR/NOK and USD/MXN.
  • 9 commodities. Spot and futures are available.
  • 22 indices. Traders can work with spot and index futures.
  • 36 cryptocurrencies. The list includes popular names like BTC/USD, AVA/USD, and XRP/USD.
  • 8776 stocks and ETFs. SquaredFinancial offers multiple instruments from various markets.
Forex Shares
EUR/USD| GBP/JPY| EUR/NOK Apple| Tesla | Siemens AG
Indices Cryptocurrencies
S&P 500 | DAX | Dow Jones Bitcoin| Avalanche| Ripple
Commodities ETFs
Gold| Silver | WTI Oil VTI | TMF | QQQ

SquaredFinancial offers forex pairs, commodities, indices, stocks, ETFs, and cryptocurrencies. The stock and ETF offering is especially interesting as the broker provides a wide range of instruments from various markets.

Your capital is at risk.

Customer Support

4.2
How Do We Test A Broker's Customer Support?
Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are. This information will allow you to know if a broker can provide full support when you need it.

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SquaredFinancial received a decent score for customer support in our rating. The broker provides support on weekdays from 7 a.m. to 7 p.m. via chat, email, phone, and Facebook.

Customer support chat at Squared Financial
Customer support chat at SquaredFinancial

SquaredFinancial Customer Support Test

We have contacted SquaredFinancial customer support several times through online chat asking about swap rates, web trading platforms, and inactivity fees. We received detailed instructions on where swap rates can be found. We also learned about the in-house web trading platform. The customer support team has quickly provided the details about the inactivity fee. All in all, the SquaredFinancial customer support team’s answers were quick and professional.

Deposit and Withdrawal

5.0
How Do We Test A Broker's Deposit and Withdrawal?
The deposit or withdrawal process can be a tricky one. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker.

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The broker provides a high number of deposit and withdrawal options and doesn’t charge any fees which led SquaredFinancial to a high score in this category.

The broker’s clients have multiple options to deposit and withdraw funds from their accounts. As usual, a bank transfer is the slowest option for both deposits and withdrawals. Importantly, SquaredFinancial does not charge deposit or withdrawal fees.

SquaredFinancial Deposits

Deposit Method Base Currencies Fees Processing Time
Visa/Mastercard EUR, USD, GBP, CHF No Instant
Bank Transfer EUR, USD, GBP, CHF No 3-5 business days
Skrill EUR, USD, GBP, CHF No Instant
Neteller EUR, USD, GBP, CHF No Instant
Ozow EUR, USD, GBP, CHF No Instant
Crypto Major cryptocurrencies No Instant

SquaredFinancial provides a high number of deposit options. These options include debit/credit cards, bank transfers, e-wallets, and crypto.

SquaredFinancial Withdrawals

Withdrawal Method Base Currencies Fees Processing Time
Visa/Mastercard EUR, USD, GBP, CHF No 2 business days
Bank Transfer EUR, USD, GBP, CHF No 3-5 business days
Skrill EUR, USD, GBP, CHF No 2 business days
Neteller EUR, USD, GBP, CHF No 2 business days
Ozow EUR, USD, GBP, CHF No 2 business days
Crypto Major cryptocurrencies No 2 business days

While all withdrawal methods are processed within two working days, bank transfers will take 3-5 business days for the funds to arrive to clients’ accounts. Traders should note that withdrawals are made with the same payment method that was used to deposit funds. If you want to withdraw profits, a bank transfer must be used.

Account Types and Terms

4.9
How Do We Test A Broker's Account Types and Terms?
In order to achieve your trading goals, you need to choose the right account. We evaluate each broker's account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account.

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SquaredFinancial received a high score for Account Types and Terms in our rating. Traders can choose between two types of accounts. Islamic accounts (under the FSA-regulated entity) and Demo accounts are also available.

Account registration at Squared Financial
Account registration at SquaredFinancial

Why is Choosing the Right Account Type Important?

The account you choose must suit your needs. Typically, the trader should focus on base currency options, contract size, commission, fees, the number of pending orders/positions, and the minimum deposit size.

Traders who want to open an account with SquaredFinancial can choose between spread-based and commission-based accounts.

What Account Types does SquaredFinancial Offer?

Account Type SquaredPro SquaredElite

Commission

(excluding equities)

No $5 per lot
Spread From 1.2 pips From 0.0 pips
Minimum Deposit $100 $5000
Leverage Up to 1:500 Up to 1:500
Islamic Account Yes Yes
Demo Account Yes Yes

The above example is an account opened with the FSA-regulated entity.  SquaredFinancial offers two types of accounts. SquaredPro is a spread-based account, where the broker charges spreads and swap/rollover fees. SquaredElite is a commission-based account. Spreads are tight in this account, but the broker also charges commissions.

What is CFD leverage?

CFD Leverage allows you to avoid paying the full value of the position. Instead, you pay a deposit, which is called a margin, while the remaining funds are borrowed.

In the SquaredFinancial case, the maximum leverage in both FSA-regulated accounts is 1:500. This is a high level of leverage, so traders should be careful when using the maximum amount of available leverage. This leverage changes if you open an account under the CySEC-regulated entity.

SquaredFinancial Account Opening Process

To open an account with SquaredFinancial:

  1. Go to the register page.
  2. Provide your full name, country of residence, phone number, and email.
  3. Set your password for login.
  4. Provide additional personal information, including the date of birth and residence address.
  5. Answer questions on your trading experience, employment and financial status, and tax information.
  6. Provide proofs of your identity and address.

What is a demo account?

A demo account is an account that allows you to test the broker’s services, but mostly your trading skills without risking your money.

Please note that your trading experience will differ when you use a demo account compared to a real-money account due to human psychology, as traders find themselves under pressure when real money is at stake.

It’s a good idea to use the demo account for practicing and learning the trading platform, but do not spend too much time on the demo.

Your capital is at risk.

Research

2.3
How Do We Test A Broker's Research?
Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition. Staying on top of important market news announcements and being aware of big themes can be very helpful. The rating system provides a clear picture of how well your broker fulfills this service.

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SquaredFinancial received a low score in the Research category in our rating. The broker’s research support is limited to daily commentary on key events of the day.

SquaredFinancial provides research in the Market Insights section of its website. There, clients can find daily commentary on the most important economic reports of the day and their potential impact on major financial instruments.

The reports in the Market Insights section usually start with a list of market-moving reports for the trading session and then proceed to the technical analysis of the most interesting instruments.

Market Insights at Squared Financial
Market Insights at SquaredFinancial

Education

1.3
How Do We Test A Broker's Education?
Educating yourself on how to trade the financial markets can make the difference between success and failure. We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.

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SquaredFinancial received a low score in the Education category in our rating. It was caused by the absence of videos, webinars, and trading courses.

SquaredFinancial provides a number of educational articles on its website. The broker also has short trading guides on topics like Financial Leverage and Forex Trading Rules. There is also an FAQ that contains short answers to typical questions like “How do I calculate Margin?” and “What is the difference between an intraday and overnight position?”.

Educational articles at Squared Financial
Educational articles at SquaredFinancial

The Bottom Line

Founded in 2005, SquaredFinancial has been in business for more than 18 years. The broker operates via two entities: SquaredFinancial (Seychelles) Ltd, which is regulated by FSA (Tier 3), and SquaredFinancial (CY) Ltd, which is regulated by CySEC (Tier 1).

SquaredFinancial provides access to forex pairs, commodities, indices, stocks, ETFs, and cryptocurrencies. The minimum deposit is $100 for the spread-based account and $5000 for the commissions-based account. Multiple deposit and withdrawal methods are available in several currencies, including major cryptocurrencies.

Advanced traders will benefit from multiple deposit and withdrawal options as well as from a sufficient number of account base currencies. The high level of leverage provided by the Seychelles-based entity gives advanced traders an opportunity to use risky trading strategies.

Beginner traders should note that broker’s research and educational support is limited. Such traders would likely start their trading journey with the spread-based account SquaredPro with a minimum deposit of $100.

FAQ

Where is SquaredFinancial based?
SquaredFinancial is based in Seychelles.

Is Squared Financial safe?
Clients of SquaredFinancial (Seychelles) Ltd will benefit from the oversight of FSA, a Tier 3 regulator. Clients of SquaredFinancial (CY) Ltd will benefit from the oversight of CySEC, a Tier 1 regulator.

How does SquaredFinancial make money?
SquaredFinancial charges spreads, commissions, and swap/rollover fees in its accounts.

Is SquaredFinancial good for beginners?
SquaredFinancial has a minimum deposit of $100 and provides demo accounts, which is relevant for beginners. However, the broker’s research and educational materials are limited.

How do I deposit into a SquaredFinancial account?
SquaredFinancial can deposit funds via credit cards, bank transfers, e-wallets, and crypto.

What is the min. deposit for SquaredFinancial?
The minimum deposit for SquaredFinancial is $100.

How do I withdraw money from SquaredFinancial?
SquaredFinancial can withdraw funds via credit cards, bank transfers, e-wallets, and crypto.

How long does it take to withdraw money from a SquaredFinancial account?
It usually takes 2 business days to withdraw money from a SquaredFinancial account.

What is the max leverage in SquaredFinancial?
The maximum leverage in SquaredFinancial is 1:500.

How do I open an account with SquaredFinancial?
To open an account with SquaredFinancial, visit the account registration page.

What platforms does SquaredFinancial offer?
SquaredFinancial offers MetaTrader 4, MetaTrader 5, and proprietary Squared WebTrader.

Does SquaredFinancial offer a demo account?
Yes, SquaredFinancial offers a demo account.

broker

Your capital is at risk.

See SquaredFinancial Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Seychelles
Foundation Year
2005
Regulations
CySEC (Cyprus), FSA(SC) (Seychelles)
Publicly Traded
No
Number Of Employees
50
Trading Desk Type
Dealing Desk, DMA, ECN, Market Maker, STP
Trading platforms
MT4, MT5, Proprietary
Restricted Countries
United States, Canada, North Korea, Iran
Supported Languages
English, Spanish, Arabic, Chinese, Italian
Min Deposit
$100
Max Leverage
1:30 (CySEC), 1:500 (FSA(SC))
Deposit Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, Visa, Mastercard
Withdrawal Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, Visa, Mastercard
Time to Withdrawal
2
Time to Open an Account
5
Cryptocurrencies
Bitcoin Cash, Bitcoin, Cardano, Dogecoin, Litecoin, Ripple, Fantomcoin, TRON, Uniswap, EOS, Ethereum, Polkadot, Chainlink
Products (CFD)
Currencies, Commodities, Indices, Stocks, Futures, Crypto
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
No

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