SquaredFinancial Review

Why choose SquaredFinancial

Global broker offering a wide range of trading instruments and platforms.

Pros

  • Diverse product offering.
  • Multiple account types.

Cons

  • Inactivity fee after 90 days of dormancy; limited educational resources for beginners
SquaredFinancial

SquaredFinancial

Fee Level:

Medium

Inactivity Fee:

Medium

Index CFD Fee:

Medium

Investor Protection:

Up to €20,000 under the Investor Compensation Fund (ICF).

Mobile Platform:

Visit SquaredFinancial

Provides a cost-effective trading environment with minimal fees.

Pros

  • No withdrawal fees; competitive forex spreads starting from 0.2 pips.

Cons

  • Inactivity fee applies after 90 days of inactivity; limited educational resources for beginners.

Regulated by CySEC and FSA; segregates client funds and offers negative balance protection.

Pros

  • Strong regulatory framework and security measures, including SSL encryption and segregated client funds.

Cons

  • Limited educational resources for beginners.

SquaredFinancial provides bank transfers, cards, Skrill, Neteller, and crypto. Deposits are instant; withdrawals take 1–3 business days.

Pros

  • Instant deposits, supports crypto payments, no deposit fees.

Cons

  • Instant deposits, supports crypto payments, no deposit fees.

SquaredFinancial allows digital account opening with same-day approval for most users.

Pros

  • Multiple account types and easy interface.

Cons

  • Multiple account types and easy interface.

The SquaredFinancial mobile app features a next-generation, customizable interface with one-click trading, real-time deposits and withdrawals, and management of trading accounts, debit card wallets, and portfolios in one place.

Pros

  • User-friendly interface, Integrated account management.

Cons

  • Specific advanced features not detailed.

SquaredFinancial offers the MetaTrader 5 (MT5) platform, a multi-functional trading platform with market-depth system, support for netting and hedging systems, and various order execution types.

Pros

  • Advanced analytical tools, Support for algorithmic trading.

Cons

  • No proprietary desktop platform.

SquaredFinancial provides access to over 10,000 CFD instruments across seven asset classes, including Forex, Indices, Futures, Metals, Energies, Stocks & ETFs, and Cryptocurrencies.

Is SquaredFinancial a regulated broker?

Yes, SquaredFinancial is regulated by the Seychelles Financial Services Authority (FSA). This regulatory oversight ensures that the broker adheres to international financial standards and practices.

What are the deposit and withdrawal methods available at SquaredFinancial?

SquaredFinancial supports a variety of payment methods for deposits and withdrawals, including bank transfers, credit/debit cards, and e-wallets. Processing times and any associated fees depend on the chosen payment method. It's advisable to check SquaredFinancial's official website or contact their customer support for the most up-to-date information.

Does SquaredFinancial offer educational resources?

Yes, SquaredFinancial provides a comprehensive suite of educational materials through its SquaredAcademy, including e-books, video tutorials, a glossary, daily news, market watch, and newsfeed. These resources are designed to enhance traders' knowledge and proficiency in the financial markets.