SquaredFinancial Broker Review

Squaredfinancial 2025 Review: Everything You Need to Know

Squaredfinancial has garnered a mixed reputation in the forex brokerage community, with user experiences ranging from positive to negative. Many traders appreciate the extensive range of assets and competitive trading conditions, while others express concerns over customer service and withdrawal processes. Key findings reveal that while the broker is regulated by notable authorities, the varying standards across its different entities may raise some red flags for potential clients.

Note: Its important to recognize that Squaredfinancial operates through multiple regional entities, which can affect the level of service and regulatory oversight. This review aims to provide a fair and accurate analysis based on various sources.

Rating Overview

Category	Rating (out of 10)
Account Conditions	7.5
Tools and Resources	6.5
Customer Service and Support	6.0
Trading Setup (Experience)	7.0
Trustworthiness	7.8
User Experience	6.8

We assess brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.

Broker Overview

Founded in 2005, Squaredfinancial is a multi-asset broker headquartered in Cyprus and Seychelles. It offers access to a wide range of trading instruments, including forex, commodities, indices, cryptocurrencies, and CFDs through popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in Seychelles, which provides a level of trust and security for traders.

Detailed Breakdown

Regulatory Regions:

Squaredfinancial is regulated in two jurisdictions: Cyprus (CySEC) and Seychelles (FSA). The CySEC regulation is considered tier-1, offering a higher level of protection, while the FSA is viewed as tier-3, which may not provide the same level of security.

Deposit/Withdrawal Currencies/Cryptocurrencies:

The broker supports deposits and withdrawals in several currencies, including USD, EUR, GBP, and CHF. Additionally, it allows transactions in cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

Minimum Deposit:

The minimum deposit requirement is $250 for the Squared Pro account, which is accessible to beginner traders. However, the Squared Elite account requires a minimum deposit of $5,000, which may deter less capitalized traders.

Bonuses/Promotions:

Currently, Squaredfinancial does not offer a specific welcome bonus, but it has various promotional activities that may be available to clients.

Tradable Asset Classes:

Traders can access a diverse range of instruments, including over 2,000 CFDs across forex, stocks, commodities, indices, and cryptocurrencies. The extensive selection is a significant advantage for traders looking to diversify their portfolios.

Costs (Spreads, Fees, Commissions):

Squaredfinancial offers competitive spreads, starting from 1.2 pips on the Pro account and 0.0 pips on the Elite account, which charges a $5 commission per lot. While the Pro account has no commissions, the overall trading costs are slightly above the industry average.

Leverage:

The maximum leverage varies by jurisdiction, with up to 1:30 for retail clients under CySEC regulations and up to 1:500 for professional clients under the FSA.

Allowed Trading Platforms:

Traders can utilize MT4 and MT5, both of which are well-regarded for their user-friendly interfaces and extensive analytical tools.

Restricted Areas:

Squaredfinancial does not accept clients from several countries, including the USA, Canada, and the UK, which may limit accessibility for some traders.

Available Customer Service Languages:

Customer support is available in multiple languages, including English, Spanish, Arabic, and Chinese, which caters to a diverse client base.

Rating Overview (Revisited)

Category	Rating (out of 10)
Account Conditions	7.5
Tools and Resources	6.5
Customer Service and Support	6.0
Trading Setup (Experience)	7.0
Trustworthiness	7.8
User Experience	6.8

Detailed Breakdown of Ratings

Account Conditions (7.5):

The account conditions at Squaredfinancial are generally favorable, particularly for beginner traders with the Pro account. However, the high minimum deposit for the Elite account may limit accessibility.

Tools and Resources (6.5):

While the broker offers essential trading tools, the educational resources are somewhat limited compared to competitors. The lack of a comprehensive suite of research tools could hinder traders, especially beginners.

Customer Service and Support (6.0):

User feedback indicates that customer service can be slow at times, and the absence of 24/7 support is a drawback. Responsiveness varies, with some users reporting quick assistance while others faced delays.

Trading Setup (Experience) (7.0):

The trading experience is generally smooth, with effective execution speeds. However, some users noted issues with slippage and order processing times, which could be improved.

Trustworthiness (7.8):

Squaredfinancial is considered a trustworthy broker due to its regulatory oversight, but potential clients should be aware of the differences in protection levels across its various entities.

User Experience (6.8):

Overall user experience is mixed, with many praising the platform's interface while others highlight issues with withdrawal processes and account management.

In conclusion, Squaredfinancial offers a competitive trading environment with a broad selection of assets and solid regulatory backing. However, potential users should weigh the pros and cons, especially concerning customer support and educational resources, before deciding to engage with this broker. The Squaredfinancial review indicates it can be a suitable choice for both novice and experienced traders, provided they are aware of the varying conditions based on the account type and region.