Squared Financial is a broker that provides access to popular markets through two different account types. It is well-regarded by users, with a 4.5/5-star rating on Trustpilot, and has won several awards, including “Best Broker in Europe” and “Best Crypto CFDs Trading Platform.” Regulated by the FSA, Squared Financial offers a wide range of assets, various payment methods, and educational resources. This review will provide more detailed information to help determine if Squared Financial is the right broker for your needs.

Who Is Squared Financial Recommended For?

Squared Financial may be recommended for experienced traders who are looking for a broker that offers a wide range of tradable assets, competitive spreads, advanced trading platforms, and various account types to suit their needs. The broker also provides educational resources for traders who want to enhance their trading skills and knowledge. Squared Financial is regulated by the FSA, which adds an extra layer of security to traders’ funds. However, it’s important to note that Squared Financial does not accept clients from certain countries, including the United States.

Educational resources

SquaredFinancial offers a range of educational resources to assist traders in improving their knowledge and skills. This includes educational articles covering a wide range of financial topics and breaking news, as well as market insights and signals which provide traders with market analyses and trading ideas. Additionally, the website features a comprehensive Trading FAQs section which contains answers to commonly asked questions about trading, including calculations, basic terms and definitions, and strategies. These resources can be especially helpful for new traders who are looking to build their knowledge and gain a better understanding of the markets.

Regulation and Security 

SquaredFinancial is regulated by the Financial Services Authority (FSA) of Seychelles. It is also a member of the Financial Commission, an independent self-regulatory organization that offers protection to traders in case of disputes with their broker.

SquaredFinancial also takes security measures seriously to protect clients’ funds and personal information. The broker uses SSL encryption on its website to ensure secure communication and offers two-factor authentication to add an extra layer of security to client accounts. The broker also holds client funds in segregated accounts to ensure that they are kept separate from the company’s operational funds. Additionally, the broker offers negative balance protection to ensure that clients do not lose more than their account balance.

Account Options

• Broker Type: Market Maker
• Minimum Deposit: $0
• Forex Majors Spread: 0.0-1.2 pips
• Scalping: Yes
• Hedging: Yes
• Free Demo Account: Yes
• Traders From USA: No
  

Top Squared Financial Features

Asset Range: SquaredFinancial offers a wide range of assets, including CFDs on crypto, futures, forex, energies, metals, indices, and stocks, making it possible for traders to access over 10,000 instruments across seven different classes.

Dynamic Leverage: Each trading account has its own leverage requirements, but SquaredFinancial provides a maximum leverage of 1:500 on certain assets. For major currencies, leverage is 1:30, while for other CFDs, it ranges from 1:10 to 1:50.

Social Trading: SquaredFinancial offers a Social Trading Tool that allows traders to follow the actions of other successful traders. You can select one or several strategies to follow, and you retain full control over your positions, even while copy trading.

Payment Methods: SquaredFinancial offers a variety of payment methods for deposits and withdrawals, including bank transfers, Visa, Mastercard, Crypto, InstaTransfer, and more, providing clients with convenience and flexibility.

High-Tech Platforms: SquaredFinancial provides its clients with MetaTrader 4, MetaTrader 5, and WebTrader, as well as two mobile apps. These platforms are equipped with high-tech indicators, charting tools, and other useful features.

Demo Account: SquaredFinancial offers a demo account with $50,000 in virtual money to its traders, providing a valuable practice tool for testing strategies and plans before risking real money.

Affiliate Program: SquaredFinancial offers a single- and multi-tier affiliate program, allowing individuals and corporations to extend their client portfolio and earn commission from client trades, with the potential to earn up to 65% of the revenue.

Squared Financial Account Types

Squared Financial offers two types of account: SquaredPro and SquaredElite.

SquaredPro offers access to the MT4/MT5 platform, market execution, 50% margin call, 30% stop-out level, no commission per trade, decimal pricing up to 5, and minimum deposit of $0. Traders can trade CFDs on forex, crypto, futures, energies, indices, metals, and stocks with a minimum lot size of 0.01 and spreads starting from 1.2.

SquaredElite offers all the features of SquaredPro plus a zero spread account, $5 commission per lot, and a minimum deposit of $5,000. Traders can trade the same instruments with a minimum lot size of 0.01 and spreads starting from 0.0.

Both accounts offer a demo account, no swap/rollover fee, and copy trading support. The account currencies available for both accounts are EUR, USD, GBP, and CHF. The maximum available leverage for both accounts is up to 1:500.

Trading and Investment Tools

• One-Click Trading: allows you to place trades quickly with just one click, without having to go through multiple confirmation screens.
• Trade off Charts: you can place and manage trades directly from the charting interface, which can be helpful for technical analysis.
• Email Alerts: you can set up email alerts for price levels or other market events, which can help you stay informed and make timely trading decisions.
• Mobile Alerts: you can also receive alerts on your mobile device through the SquaredFinancial app.
• Stop Order: a type of order that becomes a market order once the specified price level is reached, used to limit losses.
• Market Order: an order to buy or sell at the best available price in the market.
• Trailing Stop Order: a type of stop order that adjusts the stop level as the price moves in your favor, allowing you to lock in profits while limiting potential losses.
• OCO (One-Cancels-the-Other) Orders: a pair of orders where executing one order automatically cancels the other.
• Limit Order: an order to buy or sell at a specified price level or better.
• 24hr Trading: you can trade 24 hours a day, 5 days a week with SquaredFinancial.
• Charting Package: SquaredFinancial offers a high-quality charting package with a wide range of technical analysis tools and indicators.
• Streaming News Feed: you can stay up to date with the latest news and market events through the SquaredFinancial platform.
  

Squared Financial Pricing

SquaredFinancial offers competitive pricing across all of its asset classes. The exact pricing for each asset class may vary depending on market conditions and other factors. However, the broker offers tight spreads and low fees for its CFDs. The SquaredPro account has $0 commissions, while the Elite Account charges a commission of $5 per lot.

For Crypto CFDs, SquaredFinancial offers minimal fees, wide accessibility, and access to leading coins without the need to own a wallet. For Futures CFDs, traders can access commodity markets directly with super-tight spreads and bidirectional bidding. Forex CFDs are available to trade 24/7 with tight spreads, and Energies CFDs offer direct access to commodity markets with low spreads. Metal CFDs can be traded with spreads and swaps as low as 0.0 pips. Indices CFDs have low margin requirements and allow traders to access seven of the most important global indices as Contracts for Difference. Finally, Stock CFDs can be traded with leverage of up to 1:5 for most instruments.

Conclusion on Squared Financial

Squared Financial offers a wide range of assets to trade, competitive spreads, and high-tech trading platforms, making it an attractive choice for both beginner and experienced traders. The broker also offers several account types to choose from, depending on your trading needs and preferences, as well as a demo account for practice trading. The social trading tool is also a standout feature, allowing traders to follow and imitate the actions of successful traders. Overall, Squared Financial is a reliable and trustworthy broker that is worth considering for anyone looking to enter the financial markets.