Squared Financial Review 2024

Squared Financial is a CySEC-regulated forex & CFD broker with 10,000 tradeable assets for both MT4 and MT5.

Squared Financial is broker that gives traders access to Forex, CFDs, indices, commodities, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader 4 and MetaTrader 5 platforms at Squared Financial.

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 reassured knowing that Squared Financial is licensed to offer trading services by several regulators, 2 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful 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

40%
Trust
83%
Instruments
85%
Features
BonusNone
InstrumentsForex, CFDs, indices, commodities, cryptocurrencies
Demo Account ✓ Yes
Min. Deposit $100
Min. Trade0.01 Lots
Regulated ByCySEC, FSA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account
Commodities
  • Gold

CFD Trading

Trade CFDs on forex, global indices, energies, and precious metals

Leverage1:500
FTSE Spread0.01 pts
GBPUSD Spread1 pip
Oil Spread50 pips
Stocks SpreadVariable

Forex Trading

Trade on dozens of FX pairs with zero spreads available

GBPUSD Spread1 pip
EURUSD Spread0 pips
EURGBP Spread1 pip
Assets50

Cryptocurrency Trading

Trade popular cryptocurrency coins with leverage

SpreadFrom 0.006
CoinsBTC, BCH, ETH, LTC, XRP, SOL, ADA, DOT, EOS, DOG

Payment Methods

Squared Financial accepts the following payment methods:

Risk Warning – Your capital is at risk

FAQ

Is Squared Financial Safe?

Yes, most likely, as we gave Squared Financial a trust score of 40% in this 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 alternatives

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 options.

Compare Squared Financial with Other Brokers

These brokers are the most similar to Squared Financial:

  1. 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.
  2. 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.
  3. 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 Compared With Similar Brokers
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

Comparison of Squared Financial Trading Instruments
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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Squared Financial is a CySEC-regulated forex & CFD broker with 10,000 tradeable assets for both MT4 and MT5.