Squared Financial

Forex broker
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Reviews
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Min. Deposit
Trading platform
Regulation CySEC, FSA
Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay
Seminars and training
Daily analyst
Low initial deposit
Copy trades
Islamic accounts
MAM-terminal
Segregated accounts
Affiliate program
Wide selection of trading instruments
Advantages
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Disadvantages
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Squared Financial is a Cyprus-based financial investment company that provides trading solutions with training and support for trading currencies, precious metals, energy CFDs and indices. Moreover, the broker operates on the NDD model, providing institutional-level liquidity with a narrow spread and fast market execution.

Is Squared Financial a Regulated Broker?

The Squared Financial trading brand is owned and operated by Squared Financial (CY) Limited, a Cyprus-registered company regulated by CySEC. However, this regulation applies only to European traders. International traders register through an offshore company in the Seychelles.

Squared Financial

How are you protected?

In accordance with the requirements of European regulators, Squared Financial is required to keep customer funds in separate accounts from the company's capital, as well as participate in compensation funds so that traders can receive compensation in the event of the company's bankruptcy. In addition, the broker uses negative balance protection, thanks to which traders ' losses cannot exceed the initial balance.

What is the maximum leverage in Squared Financial?

In accordance with ESMA regulatory restrictions, European traders can use a maximum leverage of 1:30 for major Forex currency pairs. International traders registered through an offshore jurisdiction in the Seychelles can still trade with a high leverage of up to 1: 500.

What trading accounts does Squared Financial offer?

Squared Financial, as a client-focused broker, puts the client's needs first and offers various types of accounts specifically designed for the most demanding traders:

  1. SquaredPro. This is a standard account for entry-level traders. It has no minimum deposit requirements, the average spread for EURUSD is 1.2 pips, without commissions.
  2. SquaredElite. A more advanced account with an initial deposit of $ 5000, a narrow spread of 0 points and a commission of$ 5 per lot.

Squared Financial

Muslim traders can open any type of account without swaps.

Commissions and fees

Trading costs depend on the selected account type and include a narrow spread (on average for EURUSD 1.2 points) or represent an even lower spread with a commission of$ 5 per lot.

You can also compare Squared Financial's fees with another popular broker, eToro.

Squared Financial Trading Platforms

Squared Financial uses the leading trading platform MetaTrader 4. This software has gained the trust of millions of traders, as it has an easy-to-use interface and powerful charts with the ability to create your own strategy templates and trading indicators.

Trading instruments

Squared Financial offers trading instruments such as Forex currency pairs, cryptocurrencies (BTC, BCH, ETH, LTC, XRP), futures, precious metals, energy CFDs and indices.

Squared Financial

Deposit replenishment methods

Deposit options include credit cards, bank transfer, and electronic payments. Moreover, the broker does not charge any Commission for replenishment or withdrawal of funds.

What is the minimum deposit in Squared Financial?

When opening a SquaredPro account, there are no minimum deposit requirements. However, if you want to open a more advanced SquaredElite account with narrow spreads from 0 pips, then you will need a deposit of $ 5000 or more.

Conclusions

Squared Financial is a regulated Cyprus company that acts as an intermediary between traders and liquidity providers. In general, the company's offer is attractive to traders, as it provides direct access to global markets, as well as training and reliable trading technologies.

However, it is important for us to know your opinion, you can leave comments about this broker, as well as read the reviews of Squared Financial and see the rating of Forex brokers.

General Information Squared Financial
Broker nameSquared Financial
Year of foundation2016
HeadquartersLimassol (Cyprus)
RegulationCySEC, FSA
Trading PlatformsMT4
EURUSD spread1.2 pips
Demo account+
Minimum deposit0$
The base currencyEUR, USD, GBP, CHF
maximum leverage1:500
assetsOf the currency pair, crypto-currencies, indices, metals
deposit replenishmentBankTransfer, Visa/MasterCard, Skrill, Neteller, UnionPay
The fee for withdrawal
payment for inactivity
Islamic accounts+
Segregated accounts+
PAMM accounts
Affiliate account+
Scalping
Automatic trading+
Mobile trading+
Web terminal
Social trading+
Signals+
VPS
Deposit Bonuses
Contests
Support 24/5+
  • The year of Foundation 2016
  • Head office address 205, Arch. Makarios Avenue, Victory House, 5th Floor, 3030, Limassol, Cyprus
  • Maximum leverage 1:500
  • Min. Deposit $0
  • Regulation CySEC, FSA
  • Trading platform
  • Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay
  • Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay
  • Number of trading instruments 50
  • The number of CFD instruments 21
  • The number of futures 7
  • The number of metals 3
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