Launched in 2005, Squared Financial is an online trading broker that offers several favorable trading conditions, such as multiple account options with a small minimum deposit requirement of $100, leverage of up to 1:500, tight spreads, negative balance protection, and more. Traders are allowed to trade a wide variety of financial markets, including energies, futures, forex, metals, and indices, using the MetaTrader 4 trading platform. The broker provides clients with trading and educational resources for a better trading experience.
Squared Financial Review Introduction
In this Squared Financial review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Squared Financial.
Squared Financial Platforms & Tools
Squared Financial provides traders with the MetaTrader 4 trading platform, which is an award-winning trading platform that is designed for analyzing and trading the financial markets. The platform provides traders with enhanced trading tools and capabilities, including back-office reporting functions and the ability to create custom layouts and templates to suit their trading workspace and style. The MetaTrader 4 trading platform is available as a desktop application for Windows and Mac computers and a web version that requires no installation as it can run directly on Chrome, Safari, Firefox, Edge, and other modern web browsers. There is also a mobile trading app that is designed for smartphones running on Android and iOS operating systems.
In addition to the trading tools built into the MT4 trading platform, traders are also provided with some standalone trading tools to ensure a hitch-free trading process. They include trading calculators, currency converters, market analysis, and an economic calendar.
Squared Financial Research & Education
Traders also get to make use of a wide selection of educational materials that are provided in the ‘Learn’ section of the broker’s website. These include the SquaredAcademy that contains multiple trading articles and guides, video tutorials, and ebooks, as well as the FAQ section that gives instant answers to the most common questions that traders may have.
Squared Financial Trading Accounts
The broker offers a choice of three different trading account options to meet traders’ individual trading needs. The accounts have different minimum deposit requirements as follows: Gold ($100), Platinum ($500), and Diamond ($20,000) Accounts. Demo accounts are also provided for practice purposes.
Squared Financial Account Funding
Squared Financial accepts the following payment methods for both account deposits and withdrawals:
- Credit/Debit cards ( Visa, MasterCard, and AliPay)
- Bank transfer
- E-payments, including Neteller, Skrill, and more.
The transaction processing time may vary, depending on the payment method or provider.
Squared Financial Customer Service
Traders are provided with a knowledgeable customer support team that is available 24/5 to respond to their trading inquiries. The team can be contacted through telephone, email, social media, online form, or by visiting their physical office in Limassol, Cyprus.
Squared Financial Regulation
Squared Financial is owned and operated by Squared Financial (CY) Limited, Cyprus, which is regulated by CySEC under license number: 329/17.
Squared Financial Review Summary
Squared Financial is a regulated multi-asset brokerage firm that allows traders to trade multiple financial instruments using the MetaTrader 4 trading platform. Traders are provided with several trading tools, educational resources, and a responsive client support team. There are multiple trading account options to meet the individual trading needs of different clients.
It is worth mentioning that some of the trading products and services in this Squared Financial review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Squared Financial broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.