SquaredFinancial – A Versatile Trading Broker

Every trader knows that selecting the right brokerage service is highly important in order to approach the financial markets smoothly. Since brokers operate as intermediary parties, they can significantly influence your trading ventures. For this reason, you should carefully consider several factors when gauging the brokers, including the range of offered services, their security structure, and trustworthiness.

SquaredFinancial is one such reputable and award-winning broker offering multiple financial products and advanced services to its clients. That is why we have decided to carefully inspect its services, in order to determine whether or not it is worth your time.

About SquaredFinancial

SquaredFinancial is an FSA-regulated, multi-asset broker known for its flexible technology and competitive trading conditions. The broker provides its traders with multiple CFD products, different account types, and leading trading platforms, including MT4 and MT5, to efficiently access the global markets. SquaredFinancial also offers regular market insights and a comprehensive educational guide to its users, allowing them to polish and enhance their trading skills.

Moreover, SquaredFinancial has a trusted trading platform with a solid security infrastructure, integrating all global-standard data protection policies. All in all, the broker incorporates flexible and fast funding gateways, multilingual customer support, advanced trading terminals, and optimal trading conditions.

 Assets

SquaredFinancial’s one-stop platform assimilates an extensive range of asset classes and more than 10,000 financial products. The broker offers CFDs on seven asset groups: crypto, forex, metals, futures, commodities, stocks, and indices. Members can trade more than 20 crypto CFD pairs, 40+ forex pairs, 20+ futures CFDs, etc.

With CFD trading, you do not need to ‘practically’ own assets. Instead, you can acquire returns by speculating on the price direction of securities. Moreover, you can go both “long” or “short” on the assets, capitalizing on any market pathway.

Account types

SquaredFinancial offers two account types to address the needs of different kinds of traders. Base currencies, leverage ratio, and trading platforms are the same for both accounts. The key features of the SquaredPro account include:

• Minimum deposit: 250 EUR
• Spreads: From 1.2 pips
• No commission
• Compatible with automated trading

Key features of the SquaredElite account include:

• Minimum deposit: 5000 EUR
• Spreads: 0 pips
• Commission: $5 per lot
• Compatible with automated trading

Education

SquaredFinancial shines with its high-quality educational material, including Web TV, analyst views reports, and market insights. The broker regularly sends updated news and articles to help the traders improve their skills and remain aware of market events.

Moreover, the platform integrates a trading calculator and economic calendar that lists all the scheduled data releases and financial events.

Pros

• Optimal trading platforms, MT4 and MT5
• Multiple ways to contact customer support, including e-mail, social media chats, and phone
• 7 different asset classes

Cons

• Relatively limited metals selection
• Not accepting clients from the US, as well as some other regions.

Summary 

SquaredFinancial is a versatile and secure broker providing a wide range of CFDs, ranging from crypto and forex to indices and futures. The broker establishes an exemplary trading environment by offering the most popular trading platforms, fast trade execution speeds, varied payment methods and substantial educational resources. At SquaredFinancial, members can diversify their trading portfolio and gain seamless access to global financial markets.