SquaredFinancial Review

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SquaredFinancial is a well-established broker since 2017. SquaredFinancial has headquarters in Cyprus and Seychelles. They are generally well-suited for SquaredFinancial to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by CySEC 329/17 and FSA (Seychelles) SD024. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
www.squaredfinancial.com

Established
2017

Country
Cyprus and Seychelles

Regulation
CySEC 329/17
FSA (Seychelles), SD024

Features

Free education

Segregated accounts



Account Information

Apart from the forex demo account, this broker offers Elite and Pro. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by SquaredFinancial is up to 1:30. Meanwhile, you can open an account with a starting capital of $1

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$1

Maximum Leverage

1:30

Spread

Variable and Fixed

Commission

$5


Minimum Deposit $5000

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, SquaredFinancial also offers some instruments you would like to trade on, such as Forex, Gold & silver, Oil, Futures, Indexes and Metals for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:30

Gold & silver
1:30

Futures
1:10

Indexes
1:30

Metals
1:30


Minimum Deposit $1

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, SquaredFinancial also offers some instruments you would like to trade on, such as Forex, Gold & silver, Oil, Futures and Indexes for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:30

Gold & silver
1:30

Futures
1:10

Indexes
1:30

Payment Methods

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

SquaredFinancial also provides payment with AliPay, Credit/debit cards, Perfect Money and UnionPay



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, SquaredFinancial offers you MetaTrader 4 and MetaTrader 5.

Customer Support

Do you have any question or find any trouble related to SquaredFinancial? If you do, you should reach SquaredFinancial's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
Chinese
English
Spanish

Office
Support

Email
Support

Call
Support

Chat
Support



FAQ About SquaredFinancial

Is SquaredFinancial a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if SquaredFinancial is a good broker for you or not by reviewing the criteria. In general, SquaredFinancial provides trading service in Forex , Gold & silver , Oil , Futures , Indexes and Metals . As for the payment methods, you can choose between AliPay, Credit/debit cards, FasaPay, Neteller, Perfect Money, Skrill, UnionPay and Wire transfer. The customer support is available via Callback, Email, Live chat, Office, Phone, Skype and Web form.


What is the minimum deposit for SquaredFinancial?

The starting capital in SquaredFinancial is $1.


Is SquaredFinancial regulated?

SquaredFinancial is regulated by CySEC 329/17 and FSA (Seychelles) SD024. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is SquaredFinancial legit?

SquaredFinancial is a brokerage company offering trading services for clients since 2017 with offices in Cyprus and Seychelles.


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