Company Name
Squared Financial Services Limited
Company Abbreviation
SQUAREDFINANCIAL
Platform registered country and region
Cyprus
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
| SQUAREDFINANCIAL Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC, AMF, FSA, CNMV |
| Market Instruments | Forex, Metals, Indices, Energy, Stocks, Futures, Cryptocurrencies |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | Mobile App, MT4, MT5 |
| Min Deposit | $50 |
| Customer Support | 24/5 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 Restrictions | UK, 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.
Pros and Cons
| Pros | Cons |
| Regulated by CYSEC, AMF, FSA, CNMV | Not accept e-wallet payments |
| Various market offerings | No live chat support |
| Demo accounts available | Regional 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 Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Cyprus Securities and Exchange Commission (CySEC) | Regulated | Squared Financial (CY) Ltd | Market Making (MM) | 329/17 |
 | The Autorité des Marchés Financiers (AMF) | Regulated | Squared Financial (CY) Ltd | Retail Forex License | 71593 |
 | The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Squared Financial (CY) Ltd | Retail Forex License | SD024 |
 | Comisión Nacional del Mercado de valores (CNMV) | Regulated | Squared Financial (CY) Ltd | Retail Forex License | 4421 |
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 Asset | Available |
| forex | ✔ |
| metals | ✔ |
| indices | ✔ |
| energy | ✔ |
| stocks | ✔ |
| futures | ✔ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type/Fees
Squared Financial offers two typesof live accounts with varying trading costs.
| Account Type | Squared Pro | Squared Elite |
| Accepted Currencies | EUR, USD, GBP, CHF | |
| Max Leverage | 1:500 | |
| AvgEUR/USD Spread | From 1.6 pips | From 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.
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 Platform | Supported | Available Devices | Suitable for |
| Mobile App | ✔ | Mobile | / |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
Deposit and Withdrawal
Squared Financial accepts deposits and withdrawals via Bank Transfer, Visa, MasterCard, cryptocurrencies, Insta Transfer, etc.
