is a global online trading broker regulated by authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in Seychelles. The broker provides access to multiple markets, including forex, metals, indices, stocks, commodities, futures, and cryptocurrencies through CFD trading. Traders can access popular trading platforms such as MetaTrader 4, MetaTrader 5, and the SquaredFinancial mobile app, offering advanced charting and trading tools. Squared Financial offers competitive spreads from 0.0 pips and leverage up to 1:500, depending on the account type and regulatory jurisdiction.
| 🔍 Feature | ![]() |
| 💰Minimum Deposit | Low minimum deposit suitable for new traders, depending on the chosen account type. |
| 🎁Sign-Up Bonus | $0 |
| 💸Fees | Competitive trading fees; some non-trading fees may apply based on payment method. |
| 📉Spreads & Commissions | Tight spreads on major instruments; commissions vary by account type. |
| 💳Deposit & Withdrawals | Multiple payment methods with fast processing times; some methods may carry small fees. |
| 🖥️Platforms | Offers MetaTrader platforms with stable performance and advanced tools. |
| 🛡️Regulation | FSA |
| 🔐Trust Score | High trust score due to regulation, transparency, and customer security measures. |
| ⏱️Payout Schedule | Withdrawals processed promptly, typically within 24–48 hours depending on payment method. |
| 📝Sign up | 👉 Open Account |
SquaredFinancial Spider Chart
Pro and Cons
| ✅ Pros | ❌ Cons |
| Regulated broker offering enhanced fund protection measures. | Limited educational resources for new traders. |
| Competitive spreads on major forex pairs and other instruments. | Platform options may feel basic compared to industry leaders. |
| Multiple account types tailored to different trading styles. | Some fees may apply depending on payment method. |
| Fast execution speeds suitable for active and professional traders. | Customer support availability may vary by region. |
Overview
- According to research in South Africa, SquaredFinancial is a global multi-asset trading provider offering access to a wide range of financial markets through CFD trading.
- Traders can access markets such as forex, precious metals, global indices, commodities, stocks, futures, and cryptocurrencies.
- The SquaredFinancial group has industry roots dating back to 2005, although the SquaredDirect brand was introduced later as part of the group structure.
- The company operates internationally and is headquartered in Limassol, Cyprus, with services offered to traders in many regions worldwide.
Featured Offered
- SquaredFinancial provides a range of trading features designed for both beginner and experienced traders.
- Clients can trade thousands of CFD instruments, including currencies, metals, indices, commodities, stocks, futures, and cryptocurrencies, allowing diversified exposure to global markets.
- The broker supports MetaTrader 5 and the SquaredFinancial mobile trading app, which offer advanced charting tools, customizable layouts, market alerts, and automated trading capabilities.
- SquaredFinancial also provides social and copy trading solutions, enabling traders to follow and replicate strategies from experienced traders while maintaining control over their own accounts and positions.
| 🧩 Feature | ![]() |
| 🏦 Account Types | Multiple account types designed for beginners, active traders, and professionals. |
| ⚖️ Leverage | Flexible leverage options depending on the account and regulatory jurisdiction. |
| 📉 Spreads & Commissions | Tight spreads on major pairs; commissions vary by account type. |
| 🌐 Instruments Offered | Forex, commodities, indices, shares, and cryptocurrencies. |
| 🖥️ Trading Platforms | Supports MT4/MT5 platforms with advanced charting and tools. |
| ☪️ Islamic (Swap-Free) Accounts | Available upon request for clients needing Sharia-compliant trading conditions. |
| 🖧 Free VPS Hosting | Offered to eligible traders who meet trading volume requirements. |
| 👥 Copy Trading | Accessible through supported social and copy trading integrations. |
| 🛡️ Client Fund Security | Segregated client accounts and additional safety protocols. |
| 📋 Regulatory Oversight | Operates under regulated supervision ensuring compliance and trader protection. |
SquaredFinancial Customer Reviews
- Customer reviews for SquaredFinancial generally reflect a positive trading experience, with many traders highlighting the broker’s reliable trading environment, competitive spreads, and smooth order execution. Users often mention that the platforms are stable and suitable for both beginner and experienced traders.
- Many clients also report that deposits and withdrawals are processed efficiently, and customer support is helpful when resolving account or platform-related queries. Traders particularly appreciate the availability of MetaTrader platforms and the ability to access a wide range of global CFD markets.
- However, some reviews indicate that response times from support can occasionally be slower during busy trading periods. A few traders have also noted that certain advanced features or educational resources are more limited compared to larger international brokers.
| 🔍Aspect | 🔖Details |
| 🌟Overall Rating | Generally rated around 3 out of 5, reflecting mixed but balanced feedback from traders. |
| 👏Customer Satisfaction | Customers report a moderate satisfaction level, praising reliable execution and regulation but noting limited educational tools and fewer available instruments compared to larger brokers. |
| 📞Customer Service | Response times are considered fast and helpful, especially via live chat. However, some users mention that complex or technical questions may receive less detailed support. |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
![]() | Limited trader reviews available; overall sentiment is mixed due to low review volume. | ⭐⭐⭐ |
![]() | Mixed feedback, with some users noting stable execution but others mentioning account limitations. | ⭐⭐⭐ |
![]() | Very few entries; general impression is neutral because of insufficient user data. | ⭐⭐⭐ |
![]() | Mostly positive remarks about customer support and withdrawals, though reviews remain limited. | ⭐⭐⭐⭐ |
![]() | Minimal activity; feedback is generally neutral due to low engagement. | ⭐⭐⭐ |
![]() | Mixed-to-positive reviews, with praise for service quality but occasional concerns about response times or account features. | ⭐⭐⭐⭐ |
SquaredFinancial Safety and Security

- SquaredFinancial is generally regarded as a broker that prioritizes safety through regulated operations, segregated client accounts, and established risk-management procedures.
- The company operates under regulatory oversight such as the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in Seychelles, helping ensure compliance with international financial standards.
- Reviews often highlight the broker’s commitment to transparency, secure trading infrastructure, and measures designed to protect both user data and client funds.
- Traders also appreciate the company’s structured compliance policies and its adherence to regulatory frameworks that promote accountability in the online trading industry.
- However, some users point out that while SquaredFinancial offers a regulated environment, its regulatory coverage is not as broad as that of some top-tier global brokers with multiple Tier-1 licenses.
- As a result, more cautious traders may still perform additional due diligence before opening an account.
| 🛡️ Security Feature | ![]() |
| 💼 Regulation & Licensing | Also regulated via its group by the Seychelles FSA. |
| 🏦 Segregated Client Accounts | Client funds are kept in segregated accounts separate from the company’s own funds. |
| 📝 Lloyd’s of London Insurance | Yes — there is reported insurance via Lloyd’s of London that covers up to USD 1,000,000 per client in the event of insolvency |
| 🔐 Capital Strength & Credit Rating | While specific credit ratings aren’t publicly disclosed, the CySEC-regulated entity must meet minimum capital requirements (e.g. ~€730,000 per CySEC rules). |
| 🔒 Account-Level Security (Crypto) | Not clearly specified in available public disclosures — no strong evidence of separate crypto-account wallets or specialized crypto custody beyond standard client-account protections. |
| 📈 Negative Balance Protection | Yes — SquaredDirect provides negative balance protection so clients cannot lose more than their account balance. |
| 🧾 Transparent Compliance & Audits | As a FSA-regulated broker, Squared Financial must submit regular reports and undergo external audits per regulatory standards. |
Is SquaredFinancial a safe broker to trade with?
SquaredFinancial operates under regulatory oversight such as CySEC in Cyprus and the FSA in Seychelles. The broker follows industry security practices, including segregated client accounts and compliance procedures, helping provide traders with a regulated and structured trading environment.
How does SquaredFinancial protect client funds and data?
SquaredFinancial protects client funds by keeping them in segregated accounts separate from company operational funds. The broker also uses secure trading infrastructure and standard data protection measures to safeguard personal information and transactions on its platforms.
SquaredFinancial at a Glance
| 🔎 Broker's Name | ![]() |
| 📍 Headquartered | Limassol and Cyprus |
| 📅 Year Founded | 2017 |
| ⚖️ Regulating Authorities | FSA |
| 🌐 Countries not accepted for trade | United States. Accounts, SquaredPro SquaredElite |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:2000 |
| 💰 Minimum Deposit | $ 0 / R 0 |
| 💳 Deposit Options | debit and credit cards, bank wires and E-Wallets. |
| 💳 Withdrawal Options | debit and credit cards, bank wires and E-Wallets. |
| 💻 Platform Types | MetaTrader4 (MT4) |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad |
| 📈 Tradable assets offered | forex, metals, indices and energies |
| 👨💼 Languages supported on Website | English, Spanish, Chinese, French, Italian, German, Arabic. |
| 👥 Customer Support Languages | English, Spanish, Chinese, French, Italian, German, Arabic. |
| 📆 Customer Service Hours | 24/7 |
| 📝Sign up | 👉 Open Account |
SquaredFinancial Account Types
- SquaredFinancial offers two primary live account types: SquaredPro and SquaredElite, designed to accommodate both beginner and experienced traders.
- The SquaredPro account is commission-free and accessible to most traders, with no minimum deposit requirement and spreads starting from approximately 1.2 pips on major forex pairs.
- The SquaredElite account is aimed at more active or professional traders, offering raw spreads from 0.0 pips with a commission of around $5 per lot traded.
- Both account types provide access to MetaTrader 5 and the SquaredFinancial mobile trading app, with leverage of up to 1:500 depending on the regulatory jurisdiction.
- Supported base currencies typically include USD, EUR, and GBP, giving traders flexibility when funding and managing their accounts.
SquaredPro Account

- The SquaredPro account is designed for newer or cost-conscious traders. It has no minimum deposit requirement, making it highly accessible for beginners or traders starting with smaller capital.
- Spreads on major currency pairs start from around 1.2 pips, and the account is commission-free, meaning trading costs are included in the spread.
- Traders can access the account through MetaTrader 5 and the SquaredFinancial mobile trading app, with leverage depending on regulatory jurisdiction (up to about 1:30 for EU clients and higher for international traders).
- This account is generally suitable for beginner traders, smaller trading volumes, or those who prefer a simple cost structure without commissions.
SquaredElite Account

- The SquaredElite account is designed for more experienced or high-volume traders who require tighter trading costs and faster execution.
- It offers raw spreads starting from 0.0 pips on major forex pairs and charges a commission of approximately $5 per standard lot traded, making it suitable for traders who prioritize lower spreads.
- The account is available on MetaTrader 5 and the SquaredFinancial mobile trading app, providing advanced charting tools, automated trading capabilities, and flexible order management.
- Leverage depends on the regulatory jurisdiction, with higher leverage available for international clients and lower limits for traders under stricter regulatory frameworks.
- This account is well-suited for active traders, scalpers, and high-volume strategies, where tighter spreads can offset commission costs and improve overall trading efficiency.
Islamic Swap-Free Account

- SquaredFinancial offers Islamic (swap-free) accounts designed for traders who follow Sharia law, where overnight interest charges or credits are not applied to positions held overnight.
- These accounts are generally available on the broker’s SquaredPro and SquaredElite account types, allowing traders to choose between a commission-free spread account or a raw-spread commission account while maintaining swap-free trading conditions.
- While swap-free accounts remove standard overnight interest fees, certain administrative charges or holding restrictions may apply depending on the instrument and the duration of the trade. This allows traders to remain compliant with religious principles while still accessing the broker’s full range of trading instruments and platforms.
Demo Account

- SquaredFinancial provides a free demo account that allows traders to practice trading in a risk-free environment using virtual funds. The demo account offers access to the broker’s trading platforms and market conditions similar to those available on live accounts.
- This feature allows beginner traders to learn how the platform works and build confidence before trading with real money, while more experienced traders can test strategies, indicators, or automated systems without financial risk.
- Demo accounts are typically available on MetaTrader 5 and the SquaredFinancial mobile trading app, enabling users to explore trading tools, charts, and order execution in a simulated trading environment.
What types of accounts does SquaredFinancial offer?
SquaredFinancial offers two main live trading accounts: SquaredPro and SquaredElite. The Pro account is commission-free with spreads included in the pricing, while the Elite account offers raw spreads from 0.0 pips with a commission per lot, catering to more active traders.
How can I open a SquaredFinancial account, and what documents are required?
To open a SquaredFinancial account, traders complete the online registration form on the broker’s website and submit verification documents such as a government-issued ID and proof of address. Once verified, traders can deposit funds and begin trading on the available platforms.
How to open a SquaredFinancial account - step - by - step
- Opening a demo account with SquaredFinancial is a relatively simple process, which will consist of the following steps:
Step 1 – Open Your Account
- Visit the SquaredFinancial website, click on “Register Now” in the bottom left-hand corner of the website.e
Step 2 – Fill out the form
- The SquaredFinancial review process of opening a new account is fully digital, hassle-free, and fast.
- Potential traders can open a Live account by following 4 easy steps on the company’s website:
- Register for a Live account on the company’s website
- Upload the required verification documents
- Log in and fund the account
- Start trading
SquaredFinancial Fees
- Spreads (the difference between the sell and buy price) are applied to CFDs. These are presented in pips and reflect the cost of opening a position.
- Commissions fees are charged with respect to each financial instrument
- No financing fees are charged
- Swaps (interest added or deducted from the value of the position held) are charged for CFD positions held overnight.
- A fixed swap fee is charged for indices and commodities for positions held overnight.
What are the trading fees for SquaredFinancial accounts?
SquaredFinancial offers two main fee structures. The SquaredPro account is commission-free, with trading costs included in spreads that start around 1.2 pips. The SquaredElite account provides raw spreads from 0.0 pips but charges a commission per standard lot traded.
Are there any additional or hidden fees with SquaredFinancial?
SquaredFinancial aims to maintain transparent pricing. Traders may encounter overnight swap fees for positions held overnight unless using a swap-free Islamic account. Inactivity fees may apply to dormant accounts, while deposit and withdrawal costs depend on the selected payment method.
SquaredFinancial Fees, Spreads, and Commissions
- Competitive spreads: SquaredFinancial offers spreads starting from approximately 1.2 pips on the SquaredPro account and 0.0 pips on the SquaredElite account, depending on the instrument and market conditions.
- Commission structure: The SquaredPro account is commission-free, while the SquaredElite account charges a commission of about $5 per standard lot traded in exchange for tighter raw spreads.
- Overnight swap fees: Standard swap (overnight) fees apply to positions held overnight, although Islamic swap-free accounts are available for traders who require them.
- Additional costs: Deposits are usually free, but withdrawal fees and inactivity charges may apply depending on the payment method and how long the account remains inactive.
| 📌 Broker | ![]() |
| 📈 Trading Fees Class | Pro account: spread-based, no commission. Elite account: raw/zero spreads from 0.0 pips + $5 commission per lot. |
| 💰 Required Min Deposit | Pro account: $0 minimum. Elite account: $500 minimum (some accounts may require higher minimums). |
| 🔁 Withdrawal Fee | No fixed withdrawal fee, though a small fee may apply if withdrawing the full deposit without trading. |
| 💳 Deposit Fees | No deposit fees charged by the broker. |
| 📝 Average Spread | Pro account: ~1.2 pips on EUR/USD. Elite account: from 0.0 pips (with commission applied). |
| 📝Sign up | 👉 Open Account |
What fees does SquaredFinancial charge for trading?
SquaredFinancial uses two main pricing models. The SquaredPro account is commission-free, with trading costs included in the spread starting around 1.2 pips. The SquaredElite account offers spreads from 0.0 pips, but charges a commission per standard lot traded.
Are there additional costs, such as commissions or other trading charges?
Yes. Traders using the Elite account pay a commission per lot, while Pro account users trade without commission. Additional costs may include overnight swap fees for held positions and possible inactivity or payment-provider fees depending on account activity and withdrawal method.
SquaredFinancial Trading Platforms
- SquaredFinancial primarily offers the MetaTrader 5 (MT5) trading platform, which is widely respected for its advanced charting tools, fast execution speeds, and support for automated trading through Expert Advisors (EAs). MT5 also provides improved order management, additional timeframes, and more built-in technical indicators compared to earlier MetaTrader versions.
- The platform is available on desktop (Windows and Mac), web browser, and mobile devices running iOS and Android, allowing traders to monitor markets and manage positions from virtually anywhere.
- In addition to MT5, SquaredFinancial also offers its proprietary mobile trading application, designed to provide convenient access to trading accounts, market data, and order execution directly from smartphones and tablets.
MetaTrader 4 (MT4)

- MetaTrader 4 is a cornerstone platform for SquaredFinancial. It is highly regarded for its stability, advanced charting tools, and support for automated trading through Expert Advisors (EAs).
- Traders can customise charts, layouts, and templates to suit their strategies.
- MT4 is available on desktop for Windows and Mac, as well as on mobile devices, allowing users to monitor markets, place trades, and receive alerts while on the go.
- Its reliability makes it ideal for both beginner and experienced traders.
MetaTrader 5 (MT5)

- MetaTrader 5 builds on MT4 with enhanced features for multi-asset trading.
- It offers more order types, advanced charting tools, and market depth, as well as the ability to trade not just forex but also stocks, commodities, and indices.
- MT5 supports both netting and hedging systems and has a more advanced programming environment, allowing for complex automated strategies.
- Its back-testing capabilities and expanded indicators make it a strong choice for professional traders.
SquaredFinancial WebTrader
- The WebTrader platform is browser-based, so no software installation is required.
- It provides access to real-time market data, intuitive charting tools, and efficient order execution.
- Designed for ease of use, the platform allows traders to quickly access their accounts and manage trades from any device with internet access.
- Its simplicity and accessibility make it an excellent choice for traders who prefer a lightweight, user-friendly interface.
Mobile Trading

- SquaredFinancial supports mobile trading through both MetaTrader apps and its own mobile interface.
- These apps allow traders to execute orders, monitor account activity, and track market movements from their smartphones or tablets.
- The mobile platforms are designed to provide a comprehensive trading experience, giving users flexibility and control even when away from a computer.
Social Trading
- SquaredFinancial offers Social Trading through MT4, enabling users to mirror the strategies of experienced traders.
- This feature allows beginners or less active traders to benefit from the expertise of professionals while maintaining control over their accounts.
- It provides a convenient way to learn, manage risk, and diversify strategies without needing to develop trading plans independently.
What trading platforms are available with SquaredFinancial accounts?
SquaredFinancial primarily offers the MetaTrader 5 (MT5) platform along with its proprietary mobile trading app. MT5 provides advanced charting tools, automated trading through Expert Advisors (EAs), multiple order types, and analytical features suitable for both beginner and experienced traders.
Can I use the trading platforms on mobile devices?
Yes. SquaredFinancial provides mobile trading through the MetaTrader 5 mobile app and its own proprietary mobile application. Traders can monitor markets, place and manage trades, analyze charts, and access their accounts from iOS and Android devices, allowing flexible trading anywhere.
SquaredFinancial Deposit and Withdrawal
- SquaredFinancial generally does not charge internal fees for deposits, although withdrawal fees may apply depending on the payment method or third-party provider (such as banks or e-wallet services).
- Traders can fund and withdraw from their accounts using a variety of methods, including debit and credit cards, bank transfers, and selected e-wallets, depending on their region.
- Processing times vary by method. Card deposits are usually processed instantly or within a few hours, while bank transfers may take 1–3 business days. E-wallet transactions are typically processed quickly, often within the same day, although withdrawal processing times may vary based on internal approval procedures.
| 💠 Feature | 💰 Deposit | 💸 Withdrawal |
| 🏦 Payment Methods | Bank transfer, credit/debit cards, e-wallets (Skrill, Neteller), cryptocurrencies | Bank transfer, credit/debit cards, e-wallets, cryptocurrencies |
| ⏱️ Processing Time | Credit/Debit Cards: instantly Bank Transfer: 2–5 business days E-wallets: instant Crypto: ~2+ days | Visa/Mastercard: 3–4 business days PayPal/Skrill: ~24 hours Bank Wire: 5–7 business days Crypto: ~1 hour in some cases |
| 💵 Minimum Amount | Bank Transfer: $100 Cards: ~$20 E-wallets: ~$5 Crypto: varies by currency | Visa/Mastercard: ~$150 PayPal: ~$75 Skrill: ~$25 Bank Wire: ~$250 Crypto: e.g., 0.002 BTC, 0.02 ETH |
| 💳 Fees | No broker-imposed fees; third-party provider fees may apply | No fixed withdrawal fees; 2% charge if full deposit is withdrawn without trading; currency conversion fees may apply |
Are there any deposit or withdrawal fees with SquaredFinancial?
SquaredFinancial generally does not charge deposit fees, but withdrawal costs may apply depending on the payment method or third-party provider. Traders should check their chosen payment option, as banks or e-wallets may impose additional transaction or conversion fees.
How long do deposits and withdrawals take with SquaredFinancial?
Deposit times are usually instant or completed within a few hours for cards and e-wallets, while bank transfers may take 1–3 business days. Withdrawals are typically processed within 1–3 business days, depending on verification and the selected payment method.
SquaredFinancial Copy Trading for Investors
- Follow experienced traders: Investors can automatically copy trades from skilled traders without needing advanced knowledge.
- Full control of funds: Your capital remains in your own account, allowing you to stop or adjust copying at any time.
- Performance-based selection: Traders can be chosen based on metrics like performance history, risk level, and strategy style.
- Flexible risk management: Users can customize settings such as investment size and risk limits to match their preferences.
| Feature | HFM |
|---|---|
| Minimum Deposit of $10 | Yes |
| Regulation | FCA (UK), DFSA (Dubai), FSC (St. Vincent) |
| Account Types | Cent, Standard, Premier, Demo |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Mobile App |
| Spreads | From 1.4 pips |
| Maximum Leverage | 1:500 |
| Deposit Speed | Instant (Card, E-wallet, Bank Transfer) |
| Withdrawal Speed | 1-3 business days |
| Education Resources | Trading Webinars, Market Insights, Video Guides |
| Customer Support | 24/7 Live Chat, Email, Phone, Social Media |
| Sign up | 👉 Open Account |
SquaredFinancial Copy Trading for Traders
- Earn performance-based income: Traders can generate additional revenue by allowing others to copy their strategies.
- Grow your follower base: Successful traders can build a reputation and attract more investors over time.
- Full strategy control: Traders maintain control over their trading style, risk levels, and execution.
- Scalable trading model: Increase earning potential without needing to manage client funds directly.
| Feature | FBS |
|---|---|
| Minimum Deposit of $10 | Yes |
| Regulation | IFSC (Belize), FSC (St. Vincent) |
| Account Types | Cent, Micro, Standard, VIP, Demo |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Mobile |
| Spreads | From 0.8 pips |
| Maximum Leverage | 1:3000 (Cent) |
| Deposit Speed | Instant (Card, Crypto, E-wallet) |
| Withdrawal Speed | 1-3 business days |
| Education Resources | Webinars, Tutorials, Trading Contests |
| Customer Support | 24/7 Live Chat, Email, Phone |
| Sign up | 👉 Open Account |
SquaredFinancial Leverage
- SquaredFinancial offers flexible leverage options that vary depending on the trader’s regulatory jurisdiction and account type. For retail clients under stricter regulations (such as CySEC), leverage is typically capped at lower levels (e.g., up to 1:30), while international clients may access higher leverage of up to around 1:500.
- Higher leverage allows traders to control larger positions with smaller capital, potentially increasing profit opportunities. However, it also significantly increases risk, especially in volatile market conditions, making proper risk management essential.
- Leverage is often tiered by instrument and position size, meaning it may decrease as trade volume increases. This structure helps balance flexibility with risk control, encouraging more responsible trading practices.
SquaredFinancial vs Etoro vs XM – Comparison Table
| 🔎 Broker | ![]() | ![]() | ![]() |
| 💰 Minimum Deposit | $ 0 / R 0 | $ 50 USD | $5 USD |
| 📝 Sign-Up Bonus | Yes | Yes | Yes |
| ➕ Max. Leverage | 1:2000 | 1:400 | 1:888 |
| 💵 Currency Pairs | – | 47 | 57 |
| 📝Sign up | 👉 Open Account | 👉 Open Account | 👉 Open Account |
SquaredFinancial promotions
Deposit Bonus:
- SquaredFinancial offers a 100% bonus on first deposits and 50% on redeposits, which increases trading capital but is usually non-withdrawable.
Fixed-Time Deposit / Interest Product:
- Some promotions include earning interest (e.g., up to ~5% APR) on funds through special accounts.
Referral / Partner Program:
- Traders can earn commissions for referring clients, sometimes up to $1,000+ per referral, depending on activity.
| Feature | Tickmill |
|---|---|
| Minimum Deposit of $10 | Yes |
| Regulation | FCA (UK), FSCA (South Africa) |
| Account Types | Standard, Pro, VIP, Demo |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader |
| Spreads | From 0.3 pips |
| Maximum Leverage | 1:500 |
| Deposit Speed | Instant (Card, E-wallet, Bank Transfer) |
| Withdrawal Speed | 1-5 business days |
| Education Resources | Trading Guides, Market Analysis |
| Customer Support | 24/5 Live Chat, Email |
| Sign up | 👉 Open Account |
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 | ![]() | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Now |
| 🥈 | ![]() | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 | Visit Now |
| 🥉 | ![]() | Read Review | CySEC, IFSC, DFSA, FCA | $5 | Visit Now |
| 4 | ![]() | Read Review | ASIC, CySEC, FSA, SCB | $200 | Visit Now |
| 5 | ![]() | Read Review | FSA, FSCA | $250 | Visit Now |
| 6 | ![]() | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 | Visit Now |
| 7 | ![]() | Read Review | FSC, FSCA | $50 | Visit Now |
| 8 | ![]() | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 | Visit Now |
| 9 | ![]() | Read Review | CySEC, MWALI, FSCA | $25 | Visit Now |
| 10 | ![]() | Read Review | FSA, CySEC, FSCA, FSC | $10 | Visit Now |
SquaredFinancial Awards
- SquaredFinancial has received several industry awards that highlight its commitment to innovation, reliability, and client-focused services.
- In recent years, the broker has been recognized with titles such as Forex Trading Platform of the Year, Most Reliable Broker, and Best Trading Mobile App, awarded by organizations including BAFI Awards, World Finance, and Pan Finance.
- In earlier years, SquaredFinancial also earned awards such as Best Stock Provider, Best Client Fund Security, and Best CFDs Broker, reflecting its strong focus on trading conditions, platform quality, and fund protection.
- These recognitions demonstrate SquaredFinancial’s consistent effort to deliver competitive trading solutions and maintain a solid reputation within the global online trading industry.
SquaredDirect Research
- AMarkets Research provides traders with an extensive range of analytical tools and market insights designed to enhance trading decisions.
- The section features daily trade ideas, technical and fundamental analysis, quarterly market reviews, and weekly trading highlights.
- Additionally, premium clients gain access to advanced resources, including personalized trading plans, sentiment indicators, trade analyzers, and AutoChartist-generated trading signals.
- These research tools collectively help traders stay informed, identify profitable opportunities, and refine their trading strategies with greater precision and confidence.
Customer Reviews
⭐ Emil Schroter - The price feed on Squared Financial is... The price feed on Squared Financial is questionable at best. I’ve seen candles that don’t exist on any other broker or charting tool. Those same candles somehow always hit my stop loss perfectly. When I sent screenshots, support said their feed is “authoritative.” That explanation doesn’t inspire confidence. ⭐ Raw Armed - Awesome Broker Awesome broker. With SquaredFinancial, you will never trade alone. ⭐ Adeniyi - Great Experience This is my 1st time, and thus far, Mr. Tijani has really made trading forex easier than I thought. Squared Financial has really got great talent, and I hope to convince some of my forex colleagues to come and also learn. Good work, Sqfin.
Conclusion
SquaredFinancial positions itself as a well-rounded global CFD broker that caters to both beginner and experienced traders through flexible account types, competitive pricing, and a solid trading infrastructure. With access to MetaTrader 5, a wide range of instruments, and copy trading features, the broker provides a versatile environment for different trading styles. Its strengths lie in tight spreads on Elite accounts, no minimum deposit on Pro accounts, and reliable execution, while regulatory oversight from CySEC and FSA adds a level of trust and security. Additional features such as Islamic accounts, demo trading, and mobile accessibility further enhance its appeal. However, SquaredFinancial is not without limitations. Its educational resources and research tools are more basic compared to top-tier brokers, and regulatory coverage is not as extensive as some global competitors. Overall, SquaredFinancial is a competitive choice for traders seeking flexible trading conditions and modern platform access, particularly those who value simplicity, cost efficiency, and multi-asset trading opportunities.
Disclaimer
The information provided is for educational and informational purposes only and does not constitute financial or investment advice. Trading forex and CFDs involves significant risk and may not be suitable for all investors. Always conduct your own research and consider your financial situation before trading.
You might also like
Tier1FX ReviewICM Capital ReviewTier1FX ReviewLYNX – ReviewDoto Review
Frequently Asked Questions
What is SquaredFinancial?
SquaredFinancial is a global brokerage offering Forex and CFD trading across multiple asset classes. The broker focuses on fast execution, competitive pricing, and user-friendly platforms, providing traders with access to global financial markets.
Is SquaredFinancial regulated?
Yes, SquaredFinancial operates under regulatory oversight, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) of Seychelles. It provides features such as segregated accounts and negative balance protection for retail clients.
Is SquaredFinancial a scam?
No, SquaredFinancial is not considered a scam. It operates under regulatory oversight, including authorities such as CySEC and the Seychelles FSA, and follows industry practices like segregated client funds and negative balance protection.
What account types does SquaredFinancial offer?
SquaredFinancial offers two main account types: SquaredPro and SquaredElite. The Pro account is commission-free with spreads included, while the Elite account provides raw spreads with a commission structure, catering to active traders.
What is the minimum deposit required?
SquaredFinancial offers a low or zero minimum deposit on certain account types (such as SquaredPro), making it accessible for beginner traders while still accommodating more experienced investors.
What leverage does SquaredFinancial provide?
Leverage depends on regulatory jurisdiction. Retail clients under stricter regulations may receive lower leverage (e.g., up to 1:30), while international clients can access higher leverage up to around 1:500.
What instruments can I trade with SquaredFinancial?
Traders can access a wide range of CFD instruments, including forex pairs, commodities, metals, indices, stocks, futures, and cryptocurrencies, allowing for diversified trading strategies.
How are client funds protected?
Client funds are held in segregated accounts separate from company funds, with additional protections such as negative balance protection for retail clients and compliance with regulatory requirements.
What deposit and withdrawal options are available?
SquaredFinancial supports bank transfers, credit/debit cards, and selected e-wallets, depending on the region. Processing times vary, with deposits often instant and withdrawals typically taking 1–3 business days.
Does SquaredFinancial offer performance-tracking tools?
Yes, traders can use built-in MT5 analytics, account history, and third-party tools to monitor performance, analyze trades, and refine strategies over time.
You Might Also Like
Recommended brokers



































