Squared Financial is a forex broker that was registered in Seychelles in 2020, with its headquarters in Mahé Island. This broker primarily offers financial derivative trading services including forex, indices, futures, precious metals, energy, stocks, and cryptocurrencies. It is regulated by multiple regulatory agencies.
Company Background
Squared Financial is a forex trading services broker, registered as Squared Financial (Seychelles) Ltd, with its headquarters in Seychelles. The company was established on March 10, 2020. According to Whois search information, the domain name for Squared Financial's official website was registered on February 8, 2013.
Its subsidiary is registered in Cyprus, with the registered entity being Squared Financial (CY) Limited.
Regulatory Information
Squared Financial is a regulated forex broker. The entity Squared Financial (Seychelles) Ltd is regulated by the Seychelles Financial Services Authority (FSA) and holds a regulatory license, with license number SD024. The services it offers, such as forex, indices, futures, precious metals, energy, stocks, and cryptocurrencies, are strictly regulated by the Seychelles Financial Services Authority (FSA).
The entity Squared Financial (CY) Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a regulatory license, with license number 329/17, under strict regulation.
Trading Products
Squared Financial offers a variety of trading products, including forex, indices, futures, precious metals, energy, stocks, and cryptocurrencies.
- Forex Trading: Squared Financial allows investors to participate in the forex market, providing opportunities to trade various currency pairs. Investors can trade based on the price fluctuations between one currency and another. Available pairs include, but are not limited to, EUR/USD, GBP/USD, and USD/JPY.
- Indices Trading: Squared Financial allows investors to trade based on the price trends of specific financial indices. These indices include stock indices, commodity indices, bond indices, etc., allowing investors to participate in the market through these indices.
- Futures Trading: Squared Financial offers investors the opportunity to invest in the market for stock or currency futures contracts.
- Precious Metals Trading: Squared Financial offers trading opportunities in the precious metals market. The precious metals market is a global market, including gold, silver, and other metals, allowing investors to participate by trading these metals.
- Energy Trading: Squared Financial offers trading in oil, natural gas, and other energies.
- Stock Trading: Squared Financial enables users to trade a wide range of global stocks.
- Cryptocurrency Trading: Squared Financial provides a trading market for cryptocurrencies.
Trading Software
Squared Financial provides investors with three trading platforms: MT4 and MT5, and a mobile app.
- MT4 and MT5: MT4 offers various trading indicators, Expert Advisors for automated trading, and an extensive range of charting tools. MT5 builds upon its predecessor by adding more technical indicators, a wider range of order types, and a more advanced built-in economic calendar.
- Mobile Application: Provides investors with trading on the go, offering competitive conditions and low costs for trading various CFD instruments.
Account Registration
Squared Financial's official website offers two types of account registration: real account and demo account registration.
- Real Account Registration: First, open Squared Financial's official website, click "Open account" at the top right corner of the homepage.
Follow the steps to complete the account registration.
- Demo Account Registration: First, open Squared Financial's official website, click on "Trading" in the top menu, then on "Account" and select "Demo Account".
Click "Open a demo account".
Follow the steps to complete the account registration.
Account Types
Squared Financial offers two different types of trading accounts: SquaredPro and SquaredElite.
- SquaredPro: Average spreads start from 1.2 pips, with no commission, and an initial minimum deposit of 250 USD.
- SquaredElite: Minimum spreads start from 0.0 pips, with a commission of 5 USD per lot, and an initial minimum deposit of 5000 USD.
Both account types support EUR, USD, GBP, CHF and ZAR currencies, support MT4, MT5, and mobile apps, with leverage up to 1:500, minimum trade lots of 0.01, margin call level at 100%, and a stop-out level at 30%.
Spreads and Leverage
Squared Financial provides detailed leverage information for various trading products. The actual leverage may vary when trading, as different trading instruments may have different leverage. The broker offers trading leverage ratios of 1:10-1:50 for each high volatility currency pair, stock CFDs, natural resources, metal CFDs, and cryptocurrency CFDs.
Deposit and Withdrawal Methods
Squared Financial also provides multiple deposit and withdrawal options, such as bank transfer, credit card, and other electronic wallets and payment methods.
Customer Support
This broker offers multilingual support, available through multiple channels including telephone support, email support, and online chat. Traders can contact the customer support team via the telephone number +00248461943 for direct and immediate assistance. Investors can also send their questions or requests to support@sqfin.com. Additionally, the online chat feature on Squared Financial's website enables quick communication with the broker.
Summary
Squared Financial is registered in Seychelles and regulated by the Seychelles Financial Services Authority (FSA). It offers a variety of trading products including forex, indices, futures, precious metals, energy, stocks, and cryptocurrencies. Investors are reminded to receive adequate education, understand market mechanisms, and carefully consider their investment objectives and risk tolerance before engaging in high-leverage trading.
Currently, Squared Financial is marked as "Active" on TraderKnows.
