SquaredFinancial Review – Is this a safe place to trade CFDs?
SquaredFinancial
Details
| 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 | $0 |
| Leverage | Varied |
| Spread | Varied |
| Free Demo Account |
 |
| 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 |
| US Traders Allowed |  |
| Mobile Trading |
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| Tablet Trading |
|
| Overall Score | 96 |
About SquaredFinancial
SquaredFinancial helps people invest, trade, and access global markets at attractive costs, ensuring strong security via advanced technologies. Squared Financial is regulated in Europe by CySEC and in the Seychelles by the FSA and is supervised by some of the strictest regulatory bodies of the world..
Opening an account means you get free educational features, multiple account types, exceptional execution speed, and superior trading tools. SquaredFinancial seems attractive at first glance, which is why we decided to review it and go a bit more into detail about what it has to offer.
CFD assets list
Popular markets like forex, energies, metals, indices and stocks are now all covered by SquaredFinancial, with the sole purpose of ensuring ample diversification. At the same time, you can trade on crypto CFDs safely, taking advantage of low fees and a 24/7 trading schedule.
Trading using CFDs is appropriate for taking advantage of short-term price movements and on top of that, it’s secure and does not come in hand with high costs. SquaredFinancial has a dynamic approach and remains committed to further expanding its multi-asset list whenever it is necessary.
Account features
SquaredPro and SquaredElite are your account choices when signing up with SquaredFinancial. At first glance, both have similar features. You can deposit in several popular currencies (EUR, USD, GBP, CHF), the minimum trading volume is 0.01 and they come with a bundle of attractive benefits, which you can see on the brand’s website.
However, there is one big difference between the two accounts that should be noted. You don’t have any trading commissions in the SquaredPro account, but there are commissions in place per lot when opening a SquaredElite account. On the other hand, spreads start from 0.0 pips.
The most affordable account deposit-wise is SquaredPro since you can start trading with as little as 250 EUR. The deposit solutions covered are bank transfers, VISA cards and several e-wallets, depending on your country of residence.
Reputable trading platforms
For the time being, SquaredFinancial customers get to enjoy two of the most popular platforms in the industry – MetaTrader 4 and MetaTrader 5. Since millions of traders around the world use them on a daily basis, it’s good to see that you are able to trade backed by solid market information, advanced charting, and support for automated trading using EAs.
In case you are a beginner, maybe it would be better to start off with the MetaTrader 4 solution. It’s simpler and has a user-friendly interface. For advanced traders, MetaTrader 5 is a much better option since there are many more features integrated and capabilities in terms of market analysis increase.
Final thoughts on SquaredFinancial
SquaredFinancial seems to be a reliable company, which may be the reason why the brand has already received several international awards. It is fully licensed, regulated, offers data protection, and stores all funds in segregated accounts.
The good news doesn’t stop there. The trading conditions are also very favorable, and you can benefit from optimal execution, trading tools like Trading Central, daily market insights, signals, and an economic calendar. All in all, we can definitely say that SquaredFinancial is a name to remember, thanks to all the work it has done over the past few years.
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