SquaredFinancial Review – Offering the Most Competitive Trading Conditions?

Broker	SquaredFinancial
Website URL	https://www.squaredfinancial.com/
Founded	2005
Headquarters	Limassol, Cyprus
Support Number	/+357 22090227
Support Types	Phone, email. social media, direct messaging, chat
Languages	English, Arabic, Spanish, Portuguese, Chinese, French, Italian, German
Trading Platform	MetaTrader 4, MetaTrader 5
Minimum 1st Deposit	None
Minimum Account Size	Free
Bonus	None
Leverage	Varied
Spread	Varied
Free Demo Account	Yes
Account Types	SquaredPro, SquaredElite
Deposit Methods	Credit/debit cards, wire transfers, Skrill, Neteller, e-wallets
Withdrawal Methods	Credit/debit cards, wire transfers, Skrill, Neteller, e-wallets
Number of Assets	10,000+
Types of Assets	Futures, forex, energies, metals, indices, stock CFDs
Mobile Trading	Yes
Tablet Trading	Yes
Overall Score	96

SquaredFinancial Introduction

SquaredFinancial is an online broker, providing traders with global access to a full range of financial products and services with low commissions. With its financial market expertise and dedicated customer support, SquaredFinancial gives clients a flexible technology-backed solution and helps traders manage, grow, and diversify their investments.

In addition to competitive trading opportunities, the brand also offers a lot of important tools, multiple account types, high execution speeds, technological innovation, as well as free education for all customers. Therefore, it might be an ideal partner for individual and institutional investors, either first-time traders or professionals. That is why we’ve decided to check its offer in closer detail.

Trading Markets and Instruments

At SquaredFinancial, clients can choose from 7 different asset classes, including forex, metals, stocks, indices, futures, energies, and crypto CFDs. Overall, we’re talking about 10000 trading instruments here, which is certainly a plus. To go a bit deeper, the broker offers the most popular stocks, more than 60 forex pairs, trading options in precious metals and energies, and a wide array of the most popular global indices. ETFs and futures are also part of the plan – all on a CFD basis.

SquaredFinancial has also established a payment solution that helps customers deposit and withdraw from all over the world easily through trustworthy payment providers, at the same time ensuring customers’ funds up to USD 1 million.  

Trading Platforms

Investors can trade the markets directly with either MetaTrader 4 or MetaTrader 5, the leading trading platforms out there today. These two trading platforms are user-friendly, effective, and flexible. Clients can also trade from desktops, smartphones, or tablets whenever and wherever they want. 

MT4 platform comes with a long list of technical indicators, multiple chart types, and an array of analysis tools. In addition, MT4 can be used on various devices. However, it is most widely used and selected as a favorite trading platform by forex traders. Meanwhile, MT5 is the next iteration of MT4, a multi-functional platform that provides outstanding trading possibilities as well as expert market analysis tools. So, thanks to its powerful suite of tools, MT5 is the perfect option for experienced traders. 

Account Types

SquaredFinancial offers 2 different account types, which are SquaredPro and SquaredElite. On one hand, we must say that this is a relatively limited offering, as some brands offer as much as 7 different account types. On the other hand, it seems like these two can cater to all types of investors. 

Each account has different fee structures, requirements, and benefits, but all account holders receive the same leverage of up to 1:500 for retail clients and access to automated trading. Supported account base currencies include USD, EUR, CHF, and GBP.

All SquaredFinancial trading account holders can benefit from tight spreads, as low as 0.0 pips for SquaredElite and 1.2 pips for SquaredPro. In addition, trading costs with SquaredElite are about 60% cheaper than with SquaredPro, which is something to keep in mind.

Conclusion

Thanks to its wide variety of products and services, it seems any investor can address their investment needs at SquaredFinancial. Therefore, the broker can be ideal for all types of investors, whether they need to trade selected products or are looking for creating partnerships for long-term investments via the company’s IB/Affiliate, White label, MAM, and institutional programs.