Independent Review - SquaredFinancial

Founded in 2017
Headquarters in Cyprus

Website: https://www.squaredfinancial.com/

Established in 2017, SquaredFinancial is owned and operated by SquaredFinancial (CY) Limited and is a Cyprus Securities and Exchange Commission (CySEC) regulated CFD broker that supports metals, energies, forex, and indices trading.

Supporting the globally renowned MetaTrader4 (MT4) platform, SquaredFinancial offers 3 different live trading accounts along with a free $50,000 demo account coupled with an extensive array of educational trading resources in the form of tutorial videos, eBooks, and guides.

SquaredFinancial’s regulation, zero to low-commission spreads, zero-cost market insights, and best-in-class support categorizes SquaredFinancial as a top-rated trading brokerage.

Regulations

SquaredFinancial (CY) Limited, owner and operator of SquaredFinancial, is regulated by CySEC under license number 329/17 and has a company registration number HE 355968.

A trading entity of SquaredFinancial, sc.squarefinancial.com is authorized by both the CySec and Financial Services Authority (FSA) of Seychelles under license number SD024.

Approximately 56.82% of retail traders lose money when trading while this brokerage is headquartered from Kedrou 9, Mesa Geitonia, 4004, Limassol, CY.

SquaredFinancial Regulations

Languages

SquaredFinancial supports 3 core platform languages for European traders which include English, Chinese, and Spanish while live chat customer support languages are Greek, Arabic, and English.

Account types

Gold, platinum, and diamond are SquaredFinancial’s account types.

Account types will dictate zero to fixed-low commissions, spread tightness, availability of technical trading instruments, and leverage.

Minimum deposits range from $100 for gold, $500 for platinum, and $20,000 for diamond.

Commissions range from $0 to $25 per million USD while spreads fluctuate between 1.2 to 0.0 pips.

Hedging, swap, scalping, automated trading, and expert advisor trading are all supported.

Additionally, trader’s funds are better protected up to $20,000 through the Investor Compensation Fund.

SquaredFinancial Account types

Fees and Costs

Account types will determine the type of trading fees that may be expected.

Gold account features commission-free trading although spreads start at 1.2 pips whereas both platinum and diamond account types charge commission, but pips also start at 0.0.

There are no withdrawal or deposit fees with SquaredFinancial.

Supported banking methods include Neteller, UnionPay, AliPay, Skrill, wire transfer, Maestro, MasterCard, Visa Electron, and Visa.

SquaredFinancial Fees and Costs

Trading Platforms

Trading through SquaredFinancial is available through the MetaTrader4 (MT4) platform.

There are 4 categories of assets with over 60 financial instruments available to trade.

MT4 is available for download for both iOS and Android devices, currently serves as a market leader in automated trading, and is a multi-lingual platform for investors.

Hundreds of technical indicators are supported while specific trading parameters can be autonomously carried out to achieve automated, EA, or multi-timeframe trade projections.

Residents of the United States, Israel, Australia, North Korea, Belgium, or Canada are prohibited from using SquaredFinancial.

SquaredFinancial Trading Platforms

Assets

Contracts-for-difference for indices, metals, energies, and forex are supported.

Tools

Trade mirroring (social trading) through MyFXBook with SquaredFinancial is used by novice traders while veteran investors conduct automated trading strategies, use professional trading signals, and employ a myriad of technical indicators for technical trading.

Analysis resources such as the economic calendar, a currency converter, trading calculators, and daily market news may be found under SquaredFinancial’s Market Insights.

Education

SquaredFinancial provides ample education in the form of video tutorials, educational trading articles, eBooks, trading guides, a glossary term page, trading FAQs, and SquaredAcademy.

Topics discussed include the building blocks of trading, trading strategies, types of market analysis, trading psychology, technical indicators, MetaTrader4, and more.

Customer Support

SquaredFinancial is available 24/5 through live chat, email, and telephone.

Operators may be reached at (357) 252-60-333 or by emailing support@squaredfinancial.com

Social media outlets also supported include:

The Bottom Line

CySEC and FSA regulated, SquaredFinancial is an up-and-coming CFD brokerage.

Minimum deposits start at $100, retail traders have access to leverage of 1:30 while traders have auto trading compatibility through MyFXBook and providers in MetaTrader4 for SquaredFinancial.

Desktop, web, and both Android and iOS mobile app trading are supported while this broker’s commitment to transparency and platform integrations have been recently unmatched by most competitors.

Contact us directly

Contact us directly for further inquiries about our products and services.



 
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