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SQUAREDFINANCIAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-13 14:19

Abstract:Founded in 2022, SQUAREDFINANCIAL is a regulated broker registered in Cyprus, offering trading in Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies with leverage up to 1:500 and spread from 0 pips through Mobile App, MT4, and MT5 platfforms. Demo accounts are available and the minimum deposit to open a live account is just $50.

SQUAREDFINANCIAL Review Summary
Founded2022
Registered Country/RegionCyprus
RegulationCYSEC, AMF, FSA, CNMV
Market InstrumentsForex, Metals, Indices, Energy, Stocks, Futures, Cryptocurrencies
Demo Account✅
Islamic Account✅
LeverageUp to 1:500
SpreadFrom 0 pips
Trading PlatformMobile App, MT4, MT5
Min Deposit$50
Customer Support24/5 support
Contact form
Tel: 002484671943
Enail: support@sqfin.com, complaints@sqfin.com
Company Address: Commercial House 1, Office no 4, Eden Island, Mahe, Seychelles
Regional RestrictionsUK, USA, Canada, Australia, New Zealand, Iran, North Korea, and Myanmar (Burma)

  Founded in 2022, SQUAREDFINANCIAL is a regulated broker registered inCyprus, offering trading in Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies with leverage up to 1:500 and spread from 0 pips through Mobile App, MT4, and MT5 platfforms. Demo accounts are available and the minimum deposit to open a live account is just $50.

SquaredFinancial's homepage

Pros and Cons

ProsCons
Regulated by CYSEC, AMF, FSA, CNMVNot accept e-wallet payments
Various market offeringsNo live chat support
Demo accounts availableRegional restrictions
Commission-free account offered
MT4 and MT5 supported
Low minimum deposit

Is SQUAREDFINANCIAL Legit?

  SquaredFinancial complies with the guidelines established by several important regulatory bodies:

  Cyprus Securities and Exchange Commission (CySEC): SquaredFinancial is regulated under license number 329/17.

  Autorité des Marchés Financiers (AMF): In France, SquaredFinancial operates under license number 71593.

  Seychelles Financial Services Authority (FSA): For its offshore operations, SquaredFinancial is regulated under license number SD024.

  Comisión Nacional del Mercado de Valores (CNMV): In Spain, the firm is regulated under license number 4421.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Cyprus
Cyprus Securities and Exchange Commission (CySEC)RegulatedSquared Financial (CY) LtdMarket Making (MM)329/17
France
The Autorité des Marchés Financiers (AMF)RegulatedSquared Financial (CY) LtdRetail Forex License71593
Seychelles
The Seychelles Financial Services Authority (FSA)Offshore RegulatedSquared Financial (CY) LtdRetail Forex LicenseSD024
Spain
Comisión Nacional del Mercado de valores (CNMV)RegulatedSquared Financial (CY) LtdRetail Forex License4421
Regulated by CySEC
Regulated by AMF
Offshore regulated by FSA
Regulated by CNMV

What Can I Trade on SQUAREDFINANCIAL?

  SqaredFinancial offers over 10,000 financial instruments across 7 asset classes, Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies.

Trading AssetAvailable
forex✔
metals✔
indices✔
energy✔
stocks ✔
futures✔
cryptocurrencies✔
bonds❌
options❌
ETFs❌
What Can I Trade on SQUAREDFINANCIAL?

Account Type/Fees

  Squared Financial offers two typesof live accounts with varying trading costs.

Account TypeSquared ProSquared Elite
Accepted CurrenciesEUR, USD, GBP, CHF
Max Leverage1:500
Avg EUR/USD SpreadFrom 1.6 pipsFrom 0.0 pips
Commission❌$7 per lot

  Additionally, this platform offers Islamic (swap-free) accounts that have exactly the same trading terms and conditions as our regular trading account types.

Account comparison

Leverage

  Squared Financial offers leverage up to 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

  Squared Financial offers a variety of trading platforms including the popular MetaTrader 4 and MetaTrader 5 platforms as well as their own SquaredFinancial Mobile App.

Trading PlatformSupported Available Devices Suitable for
Mobile App✔Mobile/
MT4✔Desktop, Mobile, WebBeginners
MT5✔Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

  Squared Financial accepts deposits and withdrawals via Bank Transfer, Visa, MasterCard, cryptocurrencies, Insta Transfer, etc.

Payment methods

Related broker

Regulated
SQUAREDFINANCIAL
Company name:SQ Sey Ltd
Score
8.13
Website:https://cn2.portal-sq.io/zh/?sl=1
10-15 years | Regulated in Cyprus | Regulated in Seychelles | Market Maker (MM)
Score
8.13

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