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For more information about SquaredFinancial Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Diverse range of trading instruments, including forex, CFDs, cryptocurrencies, and commodities.
Advanced trading platforms such as MetaTrader 4 and MetaTrader 5, providing powerful analytical tools and a user-friendly experience.
Regulated by multiple authorities, ensuring a secure trading environment for clients.

Cons

Limited account types, which may restrict options for traders with specific needs or preferences.
High minimum deposit requirement for the elite account, potentially limiting access for beginner traders.
Lack of 24/7 customer support, which may be inconvenient for traders in different time zones.

SquaredFinancial Company

SquaredFinancial Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

SquaredFinancial is a financial services provider that was founded in 2005. The company has established itself as a multi-asset fintech broker, offering a wide range of trading services to both retail and institutional clients.

Parent Company/Ownership Structure

SquaredFinancial operates under the umbrella of Squared Financial (CY) Ltd, which is a subsidiary of a larger financial group. This structure allows it to leverage resources and expertise from its parent company to enhance its service offerings.

Headquarters Location

The company's headquarters is located in Limassol, Cyprus. Additionally, it has a registered office in Seychelles, which facilitates its global operations.

Global Business Scope

SquaredFinancial serves a diverse clientele across various regions, providing access to a multitude of financial markets. The broker offers trading services in forex, commodities, indices, stocks, and cryptocurrencies, catering to a global audience of traders.

Main Regulatory Bodies

SquaredFinancial is regulated by several prominent financial authorities, including:

  • Cyprus Securities and Exchange Commission (CySEC)
  • Seychelles Financial Services Authority (FSA)
  • Autorité des Marchés Financiers (AMF) in France
  • Comisión Nacional del Mercado de Valores (CNMV) in Spain

These regulatory affiliations enhance the broker's credibility and ensure compliance with international standards.

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2. Company History and Development

Key Milestones

Since its inception in 2005, SquaredFinancial has achieved several key milestones, including the launch of its proprietary trading platforms and the expansion of its service offerings. The broker introduced the Squared WebTrader platform and mobile applications to facilitate trading on-the-go.

Business Expansion Journey

Over the years, SquaredFinancial has expanded its service portfolio to include a wide range of financial instruments. The company has successfully entered new markets and broadened its reach, establishing a presence in various regions worldwide.

Customer Base Growth

SquaredFinancial has experienced substantial growth in its customer base, attracting both novice and experienced traders. The broker's commitment to providing a user-friendly trading environment has contributed to its increasing popularity.

Platform Development History

The development of trading platforms has been a significant focus for SquaredFinancial. The broker supports popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with its proprietary mobile app, ensuring traders have access to advanced tools and features.

Important Awards or Recognitions Received

SquaredFinancial has received multiple accolades for its services, including recognition for transparency and excellence in client fund security. The broker has been acknowledged in various industry awards, highlighting its commitment to providing a reliable trading environment.

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3. Trading Services Offered

Forex Trading Options

SquaredFinancial offers a broad range of forex trading options, including access to over 40 currency pairs. This includes major, minor, and exotic pairs, providing traders with ample opportunities for diversification.

Stock Trading Options

The broker enables trading in a variety of high-profile stocks through Contracts for Difference (CFDs). This allows traders to speculate on stock price movements without owning the underlying assets.

CFD Trading Products

SquaredFinancial provides a comprehensive selection of CFD trading products, including indices, commodities, and cryptocurrencies. This extensive range allows traders to explore various market opportunities.

Other Financial Instruments

In addition to forex and stocks, SquaredFinancial offers trading in cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, through CFDs. The broker also provides access to commodities like gold, silver, and crude oil, enhancing its product offering.

Special Services or Unique Advantages

SquaredFinancial distinguishes itself with several unique advantages, including:

  • Competitive spreads starting from 0.0 pips
  • Flexible leverage options up to 1:500
  • A user-friendly mobile trading app that allows for seamless trading on-the-go
  • Educational resources and market analysis to support traders in making informed decisions

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Detailed Regulatory Information

SquaredFinancial is regulated by the following authorities:

  • CySEC: License number 329/17
  • FSA (Seychelles): License number SD 024
  • AMF (France): License number 71593
  • CNMV (Spain): License number 4421

These regulatory bodies ensure that SquaredFinancial adheres to strict operational standards and provides a secure trading environment.

SquaredFinancial operates under different legal entities depending on the region:

  • Cyprus: Squared Financial (CY) Ltd, regulated by CySEC.
  • Seychelles: Squared Financial (CY) Ltd, regulated by FSA.

Client Fund Protection Measures

To protect client funds, SquaredFinancial maintains segregated accounts, ensuring that client deposits are kept separate from company funds. This practice enhances security and provides an additional layer of protection for traders.

Countries/Regions Served

SquaredFinancial serves clients globally, although it has regional restrictions in certain countries, including the USA, UK, Canada, Australia, and others. This is primarily due to regulatory requirements.

Compliance History

SquaredFinancial has maintained a strong compliance record, adhering to the guidelines established by its regulatory bodies. The broker is committed to transparency and ethical trading practices.

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5. Competitive Landscape

Main Competitors

SquaredFinancial operates in a competitive landscape, with several key players in the industry, including:

  • IG Group
  • eToro
  • Pepperstone
  • OANDA
  • Plus500

Positioning in the Industry

SquaredFinancial positions itself as a reliable broker that offers a diverse range of trading instruments and competitive trading conditions. Its regulatory compliance and commitment to client security further enhance its standing in the market.

Market Differentiation Factors

SquaredFinancial differentiates itself through:

  • A wide selection of trading instruments across various asset classes.
  • Advanced trading platforms, including MT4, MT5, and a proprietary mobile app.
  • Competitive spreads and flexible leverage options.
  • Strong focus on customer support and educational resources.

By continuously improving its offerings and maintaining a client-centric approach, SquaredFinancial aims to attract and retain traders in a competitive market.

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In conclusion, SquaredFinancial is a well-established broker that provides a comprehensive range of trading services to a global clientele. With its regulatory oversight, diverse product offerings, and commitment to client security, it stands out as a reputable choice for traders seeking a reliable trading partner.

For more information on SquaredFinancial and its services, learn more.