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Pros

Diverse trading instruments, including forex, CFDs, cryptocurrencies, and more.
Advanced trading platforms like MetaTrader 4 and MetaTrader 5, offering powerful analytical tools.
Comprehensive educational resources to support traders of all levels.

Cons

Limited account types, with only two main options available.
Absence of 24/7 customer support, which may be a drawback for some traders.
Potential for delays or freezes in order execution, as noted in some user reviews.

Squared Financial broker Accounts

Squared Financial Account Types

Squared Financial offers two distinct account types designed to cater to different trader needs: Squared Pro and Squared Elite.

  • Squared Pro
    • Average Spread (EUR/USD): From 1.2 pips
    • Commission: No commission
    • Minimum Deposit: $0 (recommended deposit of $200)
    • Base Currencies Available: EUR, USD, GBP, CHF, ZAR
    • Platforms: MT4, MT5, Squared Webtrader
    • Leverage: Up to 1:500
    • Minimum Trade Volume (FX): 0.01 lots
    • Margin Call Level: 100%
    • Stop Out Level: 30%
    • Squared Elite
      • Average Spread (EUR/USD): From 0.0 pips
      • Commission: $5 per lot
      • Minimum Deposit: $5,000 (recommended deposit of $2,000)
      • Base Currencies Available: EUR, USD, GBP, CHF, ZAR
      • Platforms: MT4, MT5, Squared Webtrader
      • Leverage: Up to 1:500
      • Minimum Trade Volume (FX): 0.01 lots
      • Margin Call Level: 100%
      • Stop Out Level: 30%

      Squared Financial Broker Account Opening Process

      Opening an account with Squared Financial is a straightforward process that involves the following steps:

      • Registration:
        • Visit the Squared Financial official website.
        • Click on the “Open Live Account” button.
        • Fill in the required details in the registration form.
        • Verification:
          • Submit necessary documents for identity verification, such as a government-issued ID (passport, national ID card, or drivers license) and proof of address (utility bill or bank statement issued within the last six months).
          • Account Approval:
            • Once the verification process is complete, your account will be approved, and you will receive your login credentials via email.
            • Deposit Funds:
              • Log into the client portal, click on “Funds,” and then “Deposit Funds.” Choose from various secure payment options to fund your account.
              • Start Trading:
                • Download the Squared Financial trading platform (MT4 or MT5) and begin your trading journey.

                The entire process is typically quick, allowing you to start trading within 24 hours after verification.

Squared Financial accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Squared Financial Account