Score
SQUAREDFINANCIAL
https://www.sqfin.sc/
Website
Rating Index
Environment
Environment
A
Average transaction speed (ms)
MT4/5
Full License
SquaredFinancialSC-Demo
Influence
C
Influence index NO.1
Environment
Speed:A
Slippage:AA
Cost:AA
Disconnected:C
Rollover:C
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
C
Influence index NO.1
Contact
Single Core
1G
40G
1M*ADSL
- WikiFX has received a total of 16 user complaints against this broker, please be aware of the risks and do not be scammed!
Account
- EnvironmentA
- Currency--
- Maximum Leverage1:2000
- SupportedEA
- Minimum Deposit--
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Company Summary
| SQUAREDFINANCIAL Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC, AMF, FSA, CNMV |
| Market Instruments | Forex, Metals, Indices, Energy, Stocks, Futures, Cryptocurrencies |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | Mobile App, MT4, MT5 |
| Min Deposit | $50 |
| Customer Support | 24/5 support |
| Contact form | |
| Tel: 002484671943 | |
| Enail: support@sqfin.com, complaints@sqfin.com | |
| Company Address: Commercial House 1, Office no 4, Eden Island, Mahe, Seychelles | |
| Regional Restrictions | UK, USA, Canada, Australia, New Zealand, Iran, North Korea, and Myanmar (Burma) |
Founded in 2022, SQUAREDFINANCIAL is a regulated broker registered inCyprus, offering trading in Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies with leverage up to 1:500 and spread from 0 pips through Mobile App, MT4, and MT5 platfforms. Demo accounts are available and the minimum deposit to open a live account is just $50.

Pros and Cons
| Pros | Cons |
| Regulated by CYSEC, AMF, FSA, CNMV | Not accept e-wallet payments |
| Various market offerings | No live chat support |
| Demo accounts available | Regional restrictions |
| Commission-free account offered | |
| MT4 and MT5 supported | |
| Low minimum deposit |
Is SQUAREDFINANCIAL Legit?
SquaredFinancial complies with the guidelines established by several important regulatory bodies:
Cyprus Securities and Exchange Commission (CySEC): SquaredFinancial is regulated under license number 329/17.
Autorité des Marchés Financiers (AMF): In France, SquaredFinancial operates under license number 71593.
Seychelles Financial Services Authority (FSA): For its offshore operations, SquaredFinancial is regulated under license number SD024.
Comisión Nacional del Mercado de Valores (CNMV): In Spain, the firm is regulated under license number 4421.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
![]() | Cyprus Securities and Exchange Commission (CySEC) | Regulated | Squared Financial (CY) Ltd | Market Making (MM) | 329/17 |
![]() | The Autorité des Marchés Financiers (AMF) | Regulated | Squared Financial (CY) Ltd | Retail Forex License | 71593 |
![]() | The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Squared Financial (CY) Ltd | Retail Forex License | SD024 |
![]() | Comisión Nacional del Mercado de valores (CNMV) | Regulated | Squared Financial (CY) Ltd | Retail Forex License | 4421 |




What Can I Trade on SQUAREDFINANCIAL?
SqaredFinancial offers over 10,000 financial instruments across 7 asset classes, Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies.
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| indices | ✔ |
| energy | ✔ |
| stocks | ✔ |
| futures | ✔ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |

Account Type/Fees
Squared Financial offers two typesof live accounts with varying trading costs.
| Account Type | Squared Pro | Squared Elite |
| Accepted Currencies | EUR, USD, GBP, CHF | |
| Max Leverage | 1:500 | |
| Avg EUR/USD Spread | From 1.6 pips | From 0.0 pips |
| Commission | ❌ | $7 per lot |
Additionally, this platform offers Islamic (swap-free) accounts that have exactly the same trading terms and conditions as our regular trading account types.

Leverage
Squared Financial offers leverage up to 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
Squared Financial offers a variety of trading platforms including the popular MetaTrader 4 and MetaTrader 5 platforms as well as their own SquaredFinancial Mobile App.
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobile App | ✔ | Mobile | / |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
Deposit and Withdrawal
Squared Financial accepts deposits and withdrawals via Bank Transfer, Visa, MasterCard, cryptocurrencies, Insta Transfer, etc.

Keywords
- 10-15 years
- Regulated in Cyprus
- Regulated in Seychelles
- Market Maker (MM)
- Retail Forex License
- MT4 Full License
- MT5 Full License
- Self-developed
- Global Business
- High potential risk
- Offshore Regulated
News

News SquaredFinancial offers Trump & Melania meme coins
SquaredFinancial announced the addition of the new Trump and Melania meme coins to its crypto offerings. This gives investors more opportunities to access popular markets and diversify their trading options.

News SQUARED FINANCIAL: Your Friend or Foe?
Founded in 2022, SQUAREDFINANCIAL is a regulated broker registered in Cyprus, offering to trade in Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies with leverage up to 1:500 and spread from 0 pips through Mobile App, MT4, and MT5 platforms. Demo accounts are available and the minimum deposit to open a live account is just $50.

News Be a part of SquaredFinancial Live Talk show on US Election
The renowned broker, SquaredFinancial is hosting an exclusive pre-election conversation on October 30 with recognized expert analysts Noureldeen Al Hammoury and Dominique El Khoury.

News SquaredFinancial Reveals its Brand Makeover
SquaredFinancial, a leading financial services provider, recently unveiled its new brand identity in a bid to enhance its market presence. According to the broker, While preserving the essence and carrying the legacy of the old logo, the new visual identity, showcased below, highlights a progressive, dynamic, and modern feel, and embodies SquaredFinancial’s renewed sense of energy and optimism.

News SquaredFinancial Unveils its Social Trading feature on MT4
SquaredFinancial announced a new Social Trading tool for the MetaTrader 4 (MT4) platform, increasing its trading capabilities.

Exposure The Investor lost both principal and profit because of a broker named Squared Financial
One unfortunate investor, Sinan, hailing from Turkey, recently found himself in a distressing situation with Squared Financial, a brokerage platform. Sinan shared his harrowing experience with WikiFX, shedding light on how he lost both his principal and hard-earned profit due to what he claims is commercial misconduct by Squared Financial.
Wiki Q&A
Can I open a demo account with SQUAREDFINANCIAL?
Yes, SQUAREDFINANCIAL offers demo accounts, which is great for me as I can practice without risking real money. It’s an essential tool for beginners like me to get used to the platform and test strategies. After logging into my SQUAREDFINANCIAL account, I can easily switch to a demo account to hone my skills before moving to a live account.
Can I trust SQUAREDFINANCIAL with my funds?
SQUAREDFINANCIAL’s regulation by multiple authorities, including CYSEC and AMF, reassures me that the platform follows industry standards. I trust that my funds are in safe hands due to the supervision from these regulatory bodies. However, I always keep the offshore FSA regulation in mind when trading. It’s important to balance my trust with caution, especially after reading several SQUAREDFINANCIAL reviews.
What are the cons of using SQUAREDFINANCIAL?
One downside I’ve noticed in my SQUAREDFINANCIAL review is the lack of e-wallet support for deposits and withdrawals, which is something I personally prefer for faster transactions. Another con is the regional restrictions, which prevent traders from several countries, including the USA and the UK, from accessing the platform. I’ve also seen in SQUAREDFINANCIAL reviews that some users are not happy with the inactivity fees, so I make sure to stay active in my trading.
Is SQUAREDFINANCIAL regulated?
Yes, SQUAREDFINANCIAL is regulated by CYSEC, AMF, FSA, and CNMV. For me, this gives me confidence that the platform operates under proper regulations, ensuring that my funds are secure. After completing the SQUAREDFINANCIAL login, I can easily check the regulatory details on their platform, which adds transparency and trust. However, I do consider the FSA’s offshore regulation, which can present some additional risks, so I stay cautious.
User Reviews 41
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Dorne690
United States
To my surprise, on Friday, August 15th, after making my fourth withdrawal, I attempted to make a 1-lot transaction as usual but failed. At first, I thought it might be an IMR limitation of Squaridfinance, so I tried 0.5 hands, but it was also rejected. I thought maybe this was just a quirk of Squared Finance Friday, so I calmed down. But on Monday, the same problem reappeared! I couldn't even execute 0.4 hands, which ultimately resulted in a loss of funds for me. I feel really sorry
Exposure
Kavra
Nigeria
They are not letting me withdraw the rest been trying and getting denied for an hour😭
Exposure
xtradingx
Turkey
The company called Squared has seized my money and is not paying me. I started trading on Tuesday-Wednesday and I was at a loss on the gold chart and I was making a loss, then there was no problem, then I was always at a loss until Friday, and on Friday at 15:30 or 16:30 there was US data, I was not aware of it, and suddenly there was a profit on the screen, so I closed the transactions, and then they accused me of situations that I did not understand nonsense, cut off communication and confiscated my money. They do not help in any way, they are officially scammers! If this situation continues, my complaints to the relevant licenses and meta system will continue non-stop
Exposure
غاني
Qatar
This is the only place where I benefit from serious market insights, because they rarely make mistakes in predictions. By reading their articles with detailed explanations, I always know what I should do to prepare for the worst. However, absorbing all this information through reading texts is a tedious process, and perhaps it would have been better to explain everything through videos.
Neutral
S_Hassen
Saudi Arabia
This is exactly what i do on this platform. The academy is great, like their ebooks and vidoe tutorials. Cover the basics and a bit more. Also there is no min depo requirement on the pro account, you can deposit whatever you feel comfortable with, even if you want only $10 it can work
Positive
AbdullahAl-Fahad
United Arab Emirates
I started with a demo account as a complete beginner. Here's what caught my attention: There's no minimum deposit requirement for the SquaredPro account, which made it easy to start. The MT4 platform took some time to get used to, but it works well. The copy trading feature is useful for learning from others. Customer support patiently answered my basic questions. The educational materials could be better for me. Overall, a good option to start with although I'm still learning the basics.
Positive
GuillemValdivia
Mexico
There were two options: elite and pro accounts. I chose the latter one because it has no minimum deposit requirements. I started from $100 and so far so good. No frills fr!
Positive
Siraajel-Hanif
Saudi Arabia
Trading here seems fair... SquaredPro includes: - Low spreads - No minimum deposit - No additional trading fees - No deposit/withdrawal fees
Positive
Awad_A
United Arab Emirates
I cannot explain my irritation with random no name brokers asking for 1k+ deposits right from the get go. There is no way I would deposit that. But somehow this broker... doesn't have any?? Maybe it's because of their huge scale, that they are able to sustain this, but regardless, I appreciate the move. Tired it out and feeling confident to make this my main broker now
Positive
Khalid_AlSaidi
Saudi Arabia
They needed two days to fulfill my request, so I waited until Monday. Other than that, the dictionary and some instructions are available in Arabic...
Neutral
Luis3350
Mexico
they are great at trading, but whenever I travel, half the time this shows up. They dont allow even to visit their website, and how am I supposed to enter my credentials for them to recognize that its me?? Support helped a bit, they were nice to talk to ..., but still have to use VPN when I'm out of the country lol. This really turns out to be the easiest and fastest way.
Positive
AlejandroVargas
Mexico
I like how easy it izz to withdraw! i'd appreacaite more methods tho🤨
Positive
RahimJaffer
United Arab Emirates
The web is ordinary but the number of deposit and withdrawal options is important. It works directly with my bank and seems secure.
Positive
FX9095138112
Qatar
They have an Islamic account. It's great that companies care about traders and allow Muslims to trade within their faith. However, they have listed the tools they offer without swaps, and they are not many. I can even count them, they only have 18 tools. Better than nothing, but they can increase them later.
Neutral
AaqilShah
Saudi Arabia
At first, I said it was too expensive to charge both spreads and commissions. But, in actual trading, I didn’t feel that this affected my trading much. Fees are manageable,Stable and peaceful cost。
Neutral
SalemM
United Arab Emirates
I think Sqfin has more base currencies available then some brokers have tradable assets... I tired using ZAR but quickly switched back to dollars, don't really see much benefit in that No minimum depo, however, is something I wasn't expecting at all from a broker with such a professional online presence. I''m not compaining btw, just saying that it's very unusual🤔
Positive
Rafael Garcia
Mexico
I am usually on the move but the app is always with me on my phone and it makes it comfy for trading anythign from anywhere :)
Positive
RaulMedina
Mexico
I chose this one since conditions are much better than on a pro account. However, I think the minimum deposit of 500$ is too much, they could reduce it to 250$.
Neutral
Tan Jun Wei
Singapore
SquaredFinancial platform's user interface is really intuitive. Everything is laid out clearly, and I can find all the tools I need without any hassle. The charts are detailed and updated quickly. Plus, the customer support is responsive and always ready to help with any issues I have.
Positive
FX9602513612
Kazakhstan
There is a problem with my llan account at this institution. I can neither log in properly nor withdraw money regularly. Someone please help us, we are suffering from this situation now.
Exposure