Tier 2 - Strong Protection

Squared Financial Review 2026

3.9/5 (50 reviews)

Established in 2017 • Cyprus • CySEC Regulated

Squared Financial offers forex and CFD trading services with a 3.9/5 rating. Regulated by CySEC, this broker offers spreads from 0.2 pips on EUR/USD with a minimum deposit of $250. Trade 500+ instruments including forex, CFDs, and more.

✍️ Written By: BrokerMat Research Team
✓ Fact-Checked: January 2026
📊 Data Points: 950+ analyzed
📋 Methodology: How We Rate Brokers

📊 Squared Financial Overview

Squared Financial (Squared Financial FZE) is a well-established broker founded in 2017 headquartered in Limassol, Cyprus. The broker operates under the supervision of CySEC , a reputable regulatory authority.

With access to 500+ tradable instruments including 50 forex pairs , 10 cryptocurrencies , 400 stocks , Squared Financial caters to diverse trading strategies.

Squared Financial Company Information
Legal Name Squared Financial FZE
Founded 2017
Headquarters Limassol, Cyprus
Primary Regulation CySEC (Tier 2 - Strong Protection)
Instruments 500+ assets
Min Deposit $250
Max Leverage 1:500


📖 Squared Financial — In-Depth Introduction

Squared Financial entered the forex market in 2017 and has since grown into a recognized industry player. Squared Financial operates under CySEC regulation, which provides a solid framework for investor protection. While not quite at the tier-1 level, this regulatory status ensures the broker maintains proper business practices and fund security measures. Squared Financial positions itself as a premium choice for cost-conscious traders, with EUR/USD spreads averaging just 0.2 pips—significantly below the industry average of 1.0 pip.

Company Background

Squared Financial (legally Squared Financial FZE) has been operating in the financial services industry for 9 years. Headquartered in Limassol, Cyprus, the broker continues to build its reputation in the competitive online trading space.

The broker provides access to 500+ tradable instruments.

💸 Squared Financial Fees — Complete Cost Analysis

Squared Financial's fee structure is designed for high-volume traders who understand that every pip counts. The 0.2 pip average spread on EUR/USD translates to real savings over hundreds of trades. On ECN/Raw accounts, Squared Financial charges $3.5 per lot round turn in addition to raw spreads. This transparent pricing model is preferred by many professional traders. Consider this cost analysis: with 0.2 pip spreads, each standard lot trade on EUR/USD costs $2 in spread. An average retail trader making 50 trades monthly would spend approximately $100 on spreads.

Trading Costs Breakdown

💡 Cost Calculator: Squared Financial

EUR/USD Spread 0.2 pips
Cost per Standard Lot $2.0
Commission $3.5
Total Cost per Lot $5.5

Non-Trading Fees

Fee Type Squared Financial Industry Average
Deposit Fee Free Free - $25
Withdrawal Fee Varies by method $0 - $50
Inactivity Fee None $10-50/month

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🛡️ Is Squared Financial Safe? — Complete Security Analysis

With a Trust Score of 70/100, Squared Financial demonstrates adequate safety standards for most retail traders. The broker maintains reasonable protections while balancing accessibility. Squared Financial maintains segregated client accounts as required by its regulator. While this provides basic protection, coverage may vary depending on your jurisdiction.

Regulatory Framework

Tier-2 Regulation (Good Protection)

Squared Financial holds a CySEC license.

Security Features Checklist

Segregated Client Funds
Negative Balance Protection
Investor Compensation Scheme

Understanding the Trust Score

Our 70/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.

📋 Methodology

👤 Who Should Use Squared Financial?

✅ Best For

  • Scalpers and high-frequency traders should consider Squared Financial for its 0.2 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
  • Muslim traders can benefit from Squared Financial's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.

❌ May Not Suit

  • Those seeking the absolute lowest trading costs.

Looking for alternatives?

📝 The Bottom Line on Squared Financial

3.9/5

Squared Financial is a decent option worth considering with a 3.9/5 rating.

🚀 Open Account Your capital is at risk. CFDs are complex instruments.

📈 Squared Financial Detailed Scores

Our expert team evaluates brokers across 8 key categories. Here's how Squared Financial performed in our rigorous testing:

🛡️ Regulation & Safety
0.0/5
💰 Fees & Costs
0.0/5
🖥️ Platforms & Tools
0.0/5
🎧 Customer Support
0.0/5
📚 Education
0.0/5
📊 Research & Analysis
0.0/5
Overall Score
3.9/5
Average

Squared Financial is a decent choice but has areas that could be improved.

💰 Squared Financial Fees & Spreads

Understanding trading costs is crucial for profitability. Squared Financial uses a Variable spread model with commissions of $3.5 per lot round turn. The average EUR/USD spread is 0.2 pips — one of the lowest in the industry.

📊 Typical Spreads

PairMinAverage
EUR/USD 0.2 0.2 pips
GBP/USD0.81.2 pips
USD/JPY0.61.0 pips
XAU/USD1525 cents

💳 Other Fees

Commission (ECN) $3.5/lot
Deposit Fee Free
Withdrawal Fee Free (method dependent)
Inactivity Fee None
Swap-Free (Islamic) ✓ Available

💡 Trading Cost Example

Trading 1 standard lot (100,000 units) of EUR/USD with Squared Financial:

  • Spread Cost: 0.2 pips × $10/pip = $2.0
  • Commission: $3.5 round turn
  • Total Cost: $5.5 per lot

🛡️ Squared Financial Regulation & Safety

Squared Financial is regulated by CySEC, a Tier 2 - Strong Protection regulatory authority. This provides a solid level of investor protection, including fund segregation and dispute resolution mechanisms.

📜 Regulatory Licenses

  • CySEC 329/17
  • DFSA F004931

🔒 Safety Features

  • Segregated Client Funds
  • Negative Balance Protection
  • Investor Compensation
  • Publicly Traded

🎯 Trust Score: 70/100

Moderate Trust: Squared Financial meets industry standards for safety and regulation.

🖥️ Squared Financial Trading Platforms

Squared Financial offers 2 trading platforms, giving traders flexibility in how they access the markets.

📈

MetaTrader 4

The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.

  • ✓ Expert Advisors (EAs)
  • ✓ Custom Indicators
  • ✓ One-Click Trading
  • ✓ Mobile & Desktop
Available
📊

MetaTrader 5

Advanced multi-asset platform with more timeframes, order types, and improved backtesting.

  • ✓ 21 Timeframes
  • ✓ Depth of Market
  • ✓ Economic Calendar
  • ✓ Multi-Asset Support
Available

📋 Platform Comparison

Feature MT4 MT5 cTrader
Available
Copy Trading
Algo Trading
VPS Available Not offered
API Access Not available

🌐 Squared Financial Tradable Instruments

Squared Financial offers access to 500+ tradable instruments across multiple asset classes. This includes 50 forex pairs , 10 cryptocurrencies , and 400 global stocks.

💱 50+ Forex Pairs
10+ Crypto
📈 400+ Stocks
📊 15+ Indices
🛢️ 10+ Commodities

👤 Squared Financial Account Types

Squared Financial offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.

💳 Squared Financial Deposits & Withdrawals

Squared Financial requires a minimum deposit of $250 .

📥 Deposit Methods

  • 💳Credit/Debit Cards
  • 🏦Bank Wire Transfer
  • 📱E-Wallets (Skrill, Neteller)

📤 Withdrawal Methods

  • 💳Credit/Debit Cards
  • 🏦Bank Wire Transfer
  • 📱E-Wallets

⚖️ Squared Financial Pros & Cons

✅ Pros

  • Ultra-low spreads from 0.2 pips on EUR/USD
  • Regulated by CySEC with investor protection
  • Offers both MetaTrader 4 and MetaTrader 5 platforms
  • Free demo account available for practice
  • Negative balance protection for retail traders
  • Swap-free Islamic accounts available

❌ Cons

  • No copy trading feature
  • Limited educational resources for advanced traders

📚 Squared Financial Education & Research

Squared Financial's educational offerings are limited compared to some competitors.

📖
Trading Guides

Limited

🎥
Video Tutorials & Webinars

Not available

📊
Market Analysis

Basic coverage

📅
Economic Calendar

Available on trading platforms

🎧 Squared Financial Customer Support

Squared Financial offers customer support to assist traders with their queries.

💬
Live Chat Available on website
🕐
Hours 24/5 (Mon-Fri)

⭐ Squared Financial User Reviews

3.9/5 Based on 50 reviews
5 ★
65%
4 ★
20%
3 ★
10%
2 ★
3%
1 ★
2%

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🏆 Squared Financial — Our Verdict

3.9/5 Average

Squared Financial is a decent broker with some limitations. With CySEC regulation, 0.2 pips EUR/USD spreads, and a $250 minimum deposit, this broker is worth considering based on your specific needs.

Best for: Scalpers and high-frequency traders

⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

❓ Squared Financial — Frequently Asked Questions

Is Squared Financial a safe and regulated broker?

Yes, Squared Financial is regulated by CySEC, which is a Tier 2 - Strong Protection regulatory authority. The broker also holds licenses from 1 additional regulators. Client funds are kept in segregated accounts with negative balance protection.

What is the minimum deposit at Squared Financial?

The minimum deposit at Squared Financial is $250.

What trading platforms does Squared Financial offer?

Squared Financial offers the following trading platforms:

  • MetaTrader 4 (MT4) — The most popular forex trading platform
  • MetaTrader 5 (MT5) — Advanced multi-asset platform
What are Squared Financial's spreads on EUR/USD?

Squared Financial offers EUR/USD spreads with an average of 0.2 pips. The broker uses Variable spreads. On ECN accounts, there's a commission of $3.5 per lot round turn.

How long do withdrawals take at Squared Financial?

Withdrawal processing times at Squared Financial depend on the payment method:

  • E-wallets: 0-24 hours
  • Credit/Debit Cards: 2-5 business days
  • Bank Transfers: 3-7 business days

Does Squared Financial offer a demo account?

Yes, Squared Financial offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.

What is Squared Financial's maximum leverage?

Squared Financial offers maximum leverage of 1:500. However, note that leverage limits vary by region due to regulatory requirements:

  • EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
  • Professional traders: Higher leverage may be available upon qualification
  • Other jurisdictions: Leverage up to 1:500 may be available

Higher leverage increases both potential profits and potential losses.

Can I use Squared Financial in ?

Squared Financial accepts traders from . The broker operates under CySEC regulation. Always verify current availability and applicable regulations on the broker's website.

Does Squared Financial offer Islamic (swap-free) accounts?

Yes, Squared Financial offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact Squared Financial's support to request an Islamic account.

What instruments can I trade with Squared Financial?

Squared Financial offers access to 500+ tradable instruments:

  • 50 Forex currency pairs
  • 10 Cryptocurrencies
  • 400 Stock CFDs

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