squaredfinancial Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: squaredfinancial Account Types Explained

SquaredFinancial offers a variety of account types designed to cater to different trading needs and experience levels. Below is an overview of the available account types:

1. SquaredPro Account

• Minimum Deposit Requirement: $0
• Spread/Commission Structure: Spreads from 1.2 pips, no commission
• Leverage Options: Up to 1:2000
• Key Features: Market execution, suitable for beginner traders
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, CFDs on commodities, indices, and cryptocurrencies

2. SquaredElite Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Spreads from 0.0 pips, $5 per lot commission
• Leverage Options: Up to 1:2000
• Key Features: Market execution, advanced trading tools, suitable for experienced traders
• Target User Profile: Advanced and professional traders
• Trading Instruments Available: Forex, CFDs on commodities, indices, and cryptocurrencies

3. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Simulated trading conditions
• Leverage Options: N/A
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners looking to learn and practice trading
• Trading Instruments Available: All instruments available in live accounts

4. Islamic Account

• Minimum Deposit Requirement: Varies by account type
• Spread/Commission Structure: Similar to standard accounts, but swap-free
• Leverage Options: Up to 1:2000
• Key Features: Compliant with Islamic finance principles
• Target User Profile: Muslim traders seeking swap-free trading
• Trading Instruments Available: All instruments available in standard accounts

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: SquaredPro Account, Demo Account
• Intermediate: SquaredElite Account
• Advanced: SquaredElite Account, Islamic Account

Part 2: squaredfinancial Account Features Comparison

Detailed squaredfinancial Account Features

• Minimum Deposit:
• SquaredPro: $0
• SquaredElite: $500
• Maximum Leverage:
• Both accounts offer leverage up to 1:2000.
• Spreads:
• SquaredPro: From 1.2 pips
• SquaredElite: From 0.0 pips
• Commission Fees:
• SquaredPro: None
• SquaredElite: $5 per lot
• Lot Size:
• Both accounts allow a minimum trade volume of 0.01 lots.
• Available Trading Platforms:
• Both accounts support MetaTrader 4 and MetaTrader 5.
• Execution Type:
• Both accounts utilize market execution.
• Islamic Account Availability:
• Available for both account types upon request.
• Swap-free Options:
• Offered for Islamic accounts.
• Demo Account Features:
• Unlimited access to trading instruments with virtual funds.

Advantages of Each Account Type

• SquaredPro:
• No minimum deposit requirement
• Ideal for beginners
• No commission fees
• SquaredElite:
• Tight spreads from 0.0 pips
• Advanced trading tools and features
• Suitable for high-frequency trading

Disadvantages of Each Account Type

• SquaredPro:
• Higher spreads compared to SquaredElite
• Limited advanced features
• SquaredElite:
• Requires a minimum deposit of $500
• Commission fees may reduce profitability for low-volume traders

Part 3: squaredfinancial Account Registration Requirements

squaredfinancial Account Registration Requirements

• Eligibility Criteria:
• Age Requirements: Must be at least 18 years old or the legal age in your jurisdiction.
• Geographic Restrictions: SquaredFinancial services are not available in the USA, Canada, Russia, Belarus, Iran, North Korea, and other FATF-listed countries.
• Identity Verification Documents Needed:
• Government-issued ID (passport or drivers license)
• Proof of address (utility bill or bank statement not older than three months)
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
• KYC/AML Compliance Procedures: All clients must complete KYC (Know Your Customer) procedures to comply with anti-money laundering regulations.
• Verification Time Frames: Typically, account verification takes 1-3 business days.

Part 4: squaredfinancial Account Opening Process

Step-by-Step squaredfinancial Account Opening Guide

1. Visit Website: Go to www.SquaredFinancial.com and click on "Open Account."
2. Personal Information Entry: Fill out the registration form with your full name, email address, phone number, and country of residence.
3. Choose Account Type: Select the account type you wish to open (SquaredPro, SquaredElite, etc.).
4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
5. Document Upload: Upload required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete, which may take 1-3 business days.
7. Fund Your Account: Once verified, deposit funds into your trading account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, with minor interface differences.

Common Registration Issues and Solutions

• Email Not Received: Check your spam folder or request a new verification email.
• Document Rejection: Ensure documents are clear and meet the requirements specified.

Average Account Approval Time

• Typically ranges from 1 to 3 business days, depending on the completeness of the submitted documents.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade, providing necessary documentation if required.

Part 5: squaredfinancial Demo Account Information

squaredfinancial Demo Account Guide

• Demo Account Features and Benefits: Offers a risk-free environment to practice trading strategies with virtual funds.
• How to Open a Demo Account: Select the demo account option during the registration process on the SquaredFinancial website.
• Demo Account Limitations: Limited to virtual funds; cannot be used for real trading.
• Virtual Balance Amount: Typically set at $10,000 or more in virtual funds.
• Demo vs Live Account Differences: Live accounts involve real money and trading conditions, while demo accounts simulate trading without financial risk.
• Duration/Expiry of Demo Accounts: Demo accounts typically remain active for 30 days but can be extended upon request.

Part 6: squaredfinancial Islamic Account Details

squaredfinancial Islamic Account Details

• Swap-free/Islamic Account Availability: Available for both SquaredPro and SquaredElite accounts upon request.
• Eligibility Requirements: Must declare the need for an Islamic account during registration.
• Differences from Standard Accounts: Islamic accounts do not incur swap fees, aligning with Islamic finance principles.
• How to Apply for Islamic Account: Indicate your preference during the account opening process or contact customer support.
• Restrictions or Special Conditions: Must comply with Islamic finance principles; trading conditions may vary.

FAQs – squaredfinancial Account Types & Opening

1. What account types does squaredfinancial offer？

• SquaredFinancial offers SquaredPro, SquaredElite, Demo, and Islamic accounts.

1. What is the minimum deposit for each account type？

• SquaredPro: $0, SquaredElite: $500.

1. How long does squaredfinancial account verification take？

• Verification typically takes 1-3 business days.

1. Does squaredfinancial offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with squaredfinancial？

• Yes, clients can open multiple account types.

1. Does squaredfinancial offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available upon request.

1. What documents do I need to open a squaredfinancial account？

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.