Squared Financial Review 2024
Squared Financial is broker that offers traders Forex, CFDs, indices, commodities, cryptocurrencies. With Squared Financial traders can use both the MetaTrader 4 and MetaTrader 5 platforms.
In terms of features offered to traders, Squared Financial has Demo Accounts, Islamic Accounts, Social Trading and Auto Trading but is missing Signals.
Cryptocurrency traders have a very decent number of coins to trade at Squared Financial, 10 in fact: BTC, BCH, ETH, LTC, XRP, SOL, ADA, DOT, EOS and DOG.
Careful traders will be pleased to know that Squared Financial is licensed to provide trading services by multiple regulatory bodies, 2 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.
Squared Financial Summary
Squared Financial is a CySEC-regulated forex & CFD broker with 10,000 tradeable assets for both MT4 and MT5.
Squared Financial is #97 in our rankings of CFD brokers.
Ratings
Bonus | None |
---|---|
Instruments | Forex, CFDs, indices, commodities, cryptocurrencies |
Demo Account | ✓ Yes |
Min. Deposit | $100 |
Min. Trade | 0.01 Lots |
Regulated By | CySEC, FSA |
MetaTrader 4 | ✓ |
MetaTrader 5 | ✓ |
cTrader | ✗ |
DMA Account | ✗ |
ECN Account | ✗ |
Mobile Apps | ✓ |
Auto Trading | ✓ |
Trade Signals | ✗ |
Social Trading | ✓ |
Copy Trading | ✓ |
Islamic Account | ✓ |
Commodities |
|
CFD Trading
Trade CFDs on forex, global indices, energies, and precious metals
Leverage | 1:500 |
---|---|
FTSE Spread | 0.01 pts |
GBPUSD Spread | 1 pip |
Oil Spread | 50 pips |
Stocks Spread | Variable |
Forex Trading
Trade on dozens of FX pairs with zero spreads available
GBPUSD Spread | 1 pip |
---|---|
EURUSD Spread | 0 pips |
EURGBP Spread | 1 pip |
Assets | 50 |
Cryptocurrency Trading
Trade popular cryptocurrency coins with leverage
Spread | From 0.006 |
---|---|
Coins | BTC, BCH, ETH, LTC, XRP, SOL, ADA, DOT, EOS, DOG |
Payment Methods
Squared Financial accepts the following payment methods:
FAQ
Is Squared Financial Safe?
Yes, most likely, as we gave Squared Financial a trust score of 40% in our review. The main negative factor in this score is that Squared Financial is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does Squared Financial Accept PayPal?
No, Squared Financial does not accept PayPal payments. See our list of brokers that accept PayPal for alternatives.
Is Squared Financial Halal?
Yes, Squared Financial does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does Squared Financial support?
With Squared Financial you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.
Is Squared Financial Regulated in the UK?
No, Squared Financial is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for safer options
Is Squared Financial Regulated?
Yes, Squared Financial is regulated by 2 different regulators: CySEC and FSA.
The fact that Squared Financial is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.
Compare Squared Financial with Other Brokers
These brokers are the most similar to Squared Financial:
- FP Markets - FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.
- Admiral Markets - Admirals is an FCA- and ASIC-regulated broker with an excellent range of leveraged instruments, including forex, stocks, indices, ETFs, commodities, cryptos and more. The broker supports the MetaTrader 4, MetaTrader 5 and TradingCentral platforms. With both spread betting and CFDs available and thousands of instruments, this broker provides more flexibility than most rivals.
- GO Markets - GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.
Squared Financial Feature Comparison
Squared Financial | FP Markets | Admiral Markets | GO Markets | |
---|---|---|---|---|
Rating | - | 4 | 3.5 | 3.9 |
Markets | Forex, Stocks, Commodities, Crypto | Forex, Stocks, Commodities, Crypto | Forex, Stocks, Commodities, Crypto | Forex, Stocks, Commodities, Crypto |
Minimum Deposit | $100 | $100 | $100 | $200 |
Minimum Trade | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots |
Demo Account | Yes | Yes | Yes | Yes |
Regulators | CySEC, FSA | ASIC, CySEC, ESMA | FCA, CySEC, ASIC, JSC | ASIC, CySEC, FSC of Mauritius |
Bonus | - | - | - | - |
Education | No | Yes | Yes | Yes |
Platforms | MT4, MT5 | MT4, MT5, cTrader | MT4, MT5 | MT4, MT5 |
Leverage | 1:500 | 1:30 (UK), 1:500 (Global) | 1:30 (EU), 1:500 (Global) | 1:500 |
Visit | ||||
Review | Squared Financial Review |
FP Markets Review |
Admiral Markets Review |
GO Markets Review |
Trading Instruments Comparison
Squared Financial | FP Markets | Admiral Markets | GO Markets | |
---|---|---|---|---|
CFD | Yes | Yes | Yes | Yes |
Forex | Yes | Yes | Yes | Yes |
Stocks | Yes | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes | Yes |
Commodities | Yes | Yes | Yes | Yes |
Oil | No | Yes | No | Yes |
Gold | Yes | Yes | Yes | Yes |
Copper | No | Yes | Yes | No |
Silver | No | Yes | Yes | Yes |
Corn | No | Yes | No | No |
Futures | Yes | Yes | No | Yes |
Options | No | No | No | No |
ETFs | Yes | Yes | Yes | Yes |
Bonds | No | Yes | Yes | No |
Warrants | No | No | No | No |
Spreadbetting | No | No | Yes | No |
Volatility Index | No | Yes | Yes | No |
Squared Financial vs Other Brokers
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