Advertiser Disclosure

Squared Financial Review 2026

Item: Squared Financial
Rating: 6.18
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: April 10, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $250
Fees 6 /10
Account types 5.7 /10
Regulation 9.2 /10

6.2 /10

Moderate risk

Squared Financial User Reviews 6.0
Commissions and Fees 6.0
Regulation and Safety 9.2
Account Types 5.7
Deposit and Withdrawal 7.0
Markets and Tradable Assets 7.0
Trading Account Opening 6.0
Customer Support 6.5

Squared Financial Pros & Cons

Licenses of international regulators such as CySEC and FSA SC.
Wide range of trading tools.
Tight floating spreads starting from 0.0 pips.
Provides the most popular trading platforms like MetaTrader 4 and MetaTrader 5.
Huge selection of payment systems for deposits and withdrawals.

There are no Micro accounts.

TU Expert Verdict

Squared Financial demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

ZForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.8 /10

Regulation Tier-1

EUR/USD 0.7 pips

Squared Financial User Reviews

Score:

6 /10

84 total

5-star

21%
4-star

14%
3-star

21%
2-star

26%
1-star

17%

Squared Financial is a versatile broker offering up to 7 asset classes and real leverage of 1:1000 for professional accounts. It stands out for high security (rating 9.2/10) and holds CySEC and FSA licenses. There are no deposit limits—you can start with as little as $10. The minimum trade size is 0.01 lot. A demo account is available for beginners, and withdrawals to a card usually take 1–2 days. A downside is the absence of micro accounts and the narrow focus on CFDs—there’s no option to own actual US stocks.

They have really been open since 2005, that has been 20 years at the time I’m writing this, and it’s ridiculous… The longevity and their presence in the market is long, so I had absolutely no trust issues regarding their services. Plus, the regulations and licenses just backed up their reliability in my eyes even more 🫣 Started using them a while ago, and the trading part is something I’m sure about. I mean in terms of the fees and trade executions, as from day to day the spreads tend to stay the same, whereas executions are always instant… And also what is instant, is help from support 😀

At Squared Financial, you can trade crypto-CFDs, metals, stocks, and indices using MetaTrader 4 or 5. I personally tested the demo account and noticed that order execution was fast, with virtually no delays. Support responds promptly via Facebook Messenger and email. For large deposits, spreads start from 0.0 pips. But if you want to invest less than $500, expect spreads from 0.8 pips. I didn’t like that there are no micro accounts for beginners and no investor services like PAMM.

Make your review professional!

In order to send a review as a PRO, fill out all fields of the form.

What's in it for you?

This review will be posted higher on the list than others.
More users will be able to see your review.
Your review will be marked as "PRO".

Add your photo:

Available JPG or PNG Change

Rate the company:

Each star gives 2 points to the company's score.

POINT OUT THE ADVANTAGES OF THE COMPANY

Point out its weaknesses

Your Name

Social media link:

Leave a message:

Add your image or video:

Commissions and Fees

Score:

6 /10

The trading and non-trading commissions of Squared Financial have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Low Forex trading fees
No inactivity fee
No deposit fee
No withdrawal fee

No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Squared Financial with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Squared Financial’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Squared Financial Standard spreads
	Squared Financial	ZForex	OANDA
EUR/USD min, pips	0.8	0.1	0.1
EUR/USD max, pips	1.1	0.4	0.5
GPB/USD min, pips	0.8	0.2	0.1
GPB/USD max, pips	1.5	0.6	0.5

Does Squared Financial support RAW/ECN accounts?

As we discovered, Squared Financial does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Squared Financial. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Squared Financial Non-Trading Fees
	Squared Financial	ZForex	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0	0-15
Inactivity fee ($, per month)	0	0	0

Is Squared Financial Safe?

Score:

9.2 /10

Squared Financial has a safety score of 9.2/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Track record over 21 years

Strict requirements and extensive documentation to open an account

Squared Financial Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
CySec	Full Name Cyprus Securities and Exchange Commission	Country of regulation Cyprus	Investor Protection Fund Up to €20,000	Regulation Level Tier-1
FSA (Seychelles)	Full Name Financial Services Authority of Seychelles	Country of regulation Seychelles	Investor Protection Fund No specific fund	Regulation Level Tier-3

Squared Financial Security Factors
Foundation date	2005
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

5.7 /10

Squared Financial offers the following account options: Demo, Standard, Swap Free, VIP.

Squared Financial covers the core account types, making it convenient for traders with different preferences and strategies.

Demo account
Standard account with balanced trading conditions
Swap Free (Islamic) account

No ECN/Raw spread account
Micro lots are not available

Squared Financial account types vs top competitors
	Squared Financial	Trading.com	ZForex
Standard	Yes	Yes	Yes
ECN/Raw spread	No	No	Yes
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	Yes	No	Yes
VIP	Yes	No	No
Managed	No	No	No

Squared Financial accounts trading conditions

Squared Financial’s clients can trade from two types of accounts that are available on the MT4 and MT5 platforms. The broker offers different conditions for each such as the amount of the deposit and the trading commission. This is so that both a professional and a novice trader can choose a suitable option.

Types of accounts:

Account Type	Description
Pro	Pro is a standard account. It can also be used by experienced market participants to test the broker’s service and terminals. Spreads on Pro accounts start at 1.2 pips and there are no additional trading fees.
Elite	Elite is an account for professional trading with a minimum deposit of $500. Spreads on this type of account are as tight as possible, from 0.0 pips. However, the broker charges another type of trading fee, which is a commission per lot of $5.

You can test the speed of order execution and get acquainted with the full set of available assets on a demo account.

Squared Financial has tailored the terms of the accounts to suit the needs of traders with varying experience levels and available capital. A high degree of customer focus makes it a versatile broker for both beginners and experienced Forex traders.

Deposit and Withdrawal

Score:

7 /10

Squared Financial received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Squared Financial provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

No deposit fee
No withdrawal fee
USDT (Tether) supported
Bitcoin (BTC) accepted

BTC not available as a base account currency
Limited deposit and withdrawal flexibility, leading to higher costs
PayPal not supported

What are Squared Financial deposit and withdrawal options?

Squared Financial provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.

Squared Financial Deposit and Withdrawal Methods vs Competitors
	Squared Financial	Trading.com	ZForex
Bank Wire	Yes	Yes	No
Bank card	Yes	Yes	Yes
PayPal	No	No	No
Wise	No	No	No
BTC	Yes	No	Yes

What are Squared Financial base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Squared Financial supports the following base account currencies: USD, EUR, GBP, CHF.

What are Squared Financial's minimum deposit and withdrawal amounts?

The minimum deposit on Squared Financial is $250, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Squared Financial’s support team.

Markets and Tradable Assets

Score:

7 /10

Squared Financial offers a wider selection of trading assets than the market average, with over 2000 tradable assets available, including 40 currency pairs.

ETFs investing
Copy trading platform
Indices trading

Bonds not available
Crypto trading not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Squared Financial with its competitors, making it easier for you to find the perfect fit.

	Squared Financial	Trading.com	ZForex
Currency pairs	40	69	50
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	2000	69	80
Stocks	Yes	No	Yes
Commodity futures	No	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	No	Yes
Stock indices	Yes	No	No
Options	No	No	No

Investment options

We also explored the trading assets and products Squared Financial offers for beginner traders and investors who prefer not to engage in active trading.

	Squared Financial	Trading.com	ZForex
Bonds	No	No	No
ETFs	Yes	No	No
Copy trading	Yes	No	Yes
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

6 /10

We successfully registered an account with Squared Financial in 25 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Squared Financial is $250.

The onboarding procedure works as expected, although there is room for improvement in speed and simplicity.

Low minimum deposit requirement
Fully online account opening process

Account approval may require extra time depending on the documentation.
Registration process may take longer than expected

Squared Financial account opening
	Squared Financial	Trading.com	ZForex
Online Registration	Yes	Yes	Yes
Minimum deposit	$250	$50	$10
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	25	20	8
KYC time (days)	2	2	1

Is Squared Financial available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

You can start trading with Squared Financial after creating a personal account on the company’s website. A quick guide to starting trading looks like this:

Register: Fill in your details to create your account
Verify: Submit the necessary documents to verify your account
Fund: Choose from various secure payment options to deposit funds
Trade: Start your trading journey with SquaredFinancial

Customer Support

Score:

6.5 /10

Customer support at Squared Financial is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. Squared Financial provides basic support functionality but does not stand out in overall service performance.

Information

The support service works 24 hours a day, 5 days a week.

Can be quickly contacted on Facebook Messenger
Support available in 7 languages

Doesn’t work on the weekend

Communication channels with company representatives:

online chat;
phone number that can be found in the Contact Us section;
email to support@squaredfinancial.sc;
Facebook Messenger;
feedback form.

You can contact the technical support operator through the website or your personal account.

Contacts
Foundation date	2005
Registration address	205, Arch. Makarios Avenue, Victory House, 5th Floor, 3030, Limassol, Cyprus
Regulation	CySEC, FSA Licence number: 329/17, SD024
Official site	sqfin.com
Contacts	support@sqfin.com 002484671943

Best Squared Financial Alternatives

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

ZForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

FOREX.com

6.8 /10

Regulation Tier-1

EUR/USD 0.7 pips

Squared Financial Video Guides

FAQs

How safe is Squared Financial in terms of regulation and client protection?

Squared Financial has a safety score of 9.2/10, which corresponds to a high security level in this review. It is regulated by CySEC in Cyprus (Tier-1, with an investor protection fund up to €20,000) and by the FSA in Seychelles (Tier-3, with no specific compensation fund), and it offers negative balance protection and mandatory KYC. The broker was founded in 2005, indicating a track record of more than 10 years, which is one of the factors considered in the safety assessment.

What types of trading accounts does Squared Financial offer and how do they differ?

Squared Financial offers Demo, Standard (Pro), Swap Free, and VIP (Elite) accounts, but does not provide Cent or Micro accounts. The Pro account is a standard account with spreads from 1.2 pips and no additional trading fees, while the Elite account is aimed at professional trading with a $500 minimum deposit, spreads from 0.0 pips, and a $5 commission per lot. The review notes that account conditions are tailored for traders with different experience levels and capital, although micro-lot and cent options are not available.

What do user reviews say about Squared Financial overall?

Squared Financial has a user satisfaction score of 6/10 based on 84 reviews, with 21% 5-star, 14% 4-star, 21% 3-star, 26% 2-star, and 17% 1-star ratings. According to user reviews, the overall tone is mostly negative, as lower ratings slightly outweigh the positive ones in this distribution.

How does the Squared Financial account opening process work and what feedback is there on its speed?

The review states that opening an account with Squared Financial is fully online, took 25 minutes for registration, and about 2 business days for KYC verification, with a minimum deposit of $250. The onboarding procedure is described as functioning as expected but with room for improvement in speed and simplicity, and account approval may take longer depending on the documents provided.

What customer support options and service hours does Squared Financial provide, according to user feedback?

Squared Financial offers customer support 24 hours a day, 5 days a week via online chat, phone, email, Facebook Messenger, and a feedback form, and support is available in 7 languages. The review notes that response times are moderate and service quality can vary, with some requests resolved efficiently and others requiring follow-ups, and support is not available on weekends.