FxPro

FxPro

🟢 Tier 1 Regulated
8.4
/ 10
vs
Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10

FxPro vs Squared Financial

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

FxPro and Squared Financial are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FxPro, founded in 2006 and headquartered in London, UK, is regulated by CySEC, FCA, FSCA and offers spreads starting from 0.0 pips with a minimum deposit of $100. Squared Financial, established in 2005 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.0 pips and a $250 minimum deposit. In our hands-on testing across 8 scoring categories, FxPro scored 8.4/10 overall compared to Squared Financial's 7.1/10, making it the stronger pick for most traders. That said, Squared Financial holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    FxPro scores 8.4/10 overall vs 7.1/10 for Squared Financial — a 1.3-point difference.

  • 💵

    FxPro requires just $100 to start, while Squared Financial needs $250 — FxPro is 3x more accessible.

  • 📈

    FxPro offers 2,100+ instruments vs 400+ at Squared Financial — a massive gap in market coverage.

  • 🖥️

    FxPro runs on MT4, MT5, cTrader, FxPro Edge, while Squared Financial uses MT4, MT5 — different ecosystems for different trading styles.

  • The biggest gap is in Platforms & Tools: FxPro scores 9.0 vs 7.5 for Squared Financial — a 1.5-point difference.

Our Verdict

🏆 WINNER
FxPro

FxPro

Score: 8.4/10 · Wins 8 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Squared Financial

Squared Financial

Score: 7.1/10 · Wins 0 categories
  • You prefer Squared Financial's trading environment overall

FxPro takes the lead with an overall score of 8.4/10 compared to 7.1/10, winning in 8 out of 8 scoring categories. FxPro stands out for lower trading costs and better trading platforms, while Squared Financial remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, FxPro comes out ahead with a 8.4/10 overall rating, winning 8 out of 8 categories. Its strongest area is Platforms & Tools where it scores 9.0/10. FxPro holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Squared Financial is not without merit — it scores 7.1/10 overall and excels in Platforms & Tools (7.5/10). For a complete breakdown, read our full FxPro review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

FxPro
Squared Financial
Trading Costs
8.0 7.0

FxPro wins by 1.0 points

Platforms & Tools
9.0 7.5

FxPro wins by 1.5 points

Regulation & Trust
9.0 7.5

FxPro wins by 1.5 points

Education
7.5 6.5

FxPro wins by 1.0 points

Customer Service
8.0 7.0

FxPro wins by 1.0 points

Research & Analysis
8.0 7.0

FxPro wins by 1.0 points

Deposit & Withdrawal
8.0 7.0

FxPro wins by 1.0 points

Product Range
8.5 7.0

FxPro wins by 1.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.4/10
7.1/10
Min Deposit
Lower is better
$100
$250
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5, cTrader, FxPro Edge
MT4, MT5
Regulation
CySEC, FCA, FSCA
CySEC
Founded
Older track record highlighted
2006
2005
Markets
2,100+
400+
FxPro: 1 Squared Financial: 0
💰

Fees & Costs

🏅 Section Winner: FxPro (8.0 vs 7.0)

When it comes to trading costs, FxPro has the edge with a score of 8/10 versus 7/10 for Squared Financial. FxPro offers spreads starting from 0.0 pips, while Squared Financial starts from 0.0 pips. The minimum deposit at FxPro is $100, compared to $250 at Squared Financial. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

FxPro
8.0
Squared Financial
7.0
FxPro: 2 Squared Financial: 0
🖥️

Trading Platforms

🏅 Section Winner: FxPro (9.0 vs 7.5)

FxPro scores 9/10 for platforms compared to 7.5/10 for Squared Financial. FxPro provides MT4, MT5, cTrader, FxPro Edge, while Squared Financial offers MT4, MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

FxPro
9.0
Squared Financial
7.5
FxPro: 3 Squared Financial: 0
🛡️

Regulation & Safety

🏅 Section Winner: FxPro (9.0 vs 7.5)

Regulation is crucial for fund safety. FxPro is regulated by CySEC, FCA, FSCA (Tier 1), while Squared Financial holds licenses from CySEC (Tier 1). FxPro scores 9/10 and Squared Financial scores 7.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

FxPro
9.0
Squared Financial
7.5
FxPro: 4 Squared Financial: 0
📚

Education & Research

🏅 Section Winner: FxPro (7.5 vs 6.5)

For learning resources, FxPro leads with 7.5/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FxPro and Squared Financial both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

FxPro
7.5
Squared Financial
6.5
FxPro: 5 Squared Financial: 0
🎧

Customer Support

🏅 Section Winner: FxPro (8.0 vs 7.0)

FxPro offers 24/5 Live Chat, Email, Phone and scores 8/10, while Squared Financial provides 24/5 Live Chat, Email, Phone with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

FxPro
8.0
Squared Financial
7.0
FxPro: 6 Squared Financial: 0
💳

Deposit & Withdrawal

🏅 Section Winner: FxPro (8.0 vs 7.0)

FxPro scores 8/10 for deposits and withdrawals, while Squared Financial scores 7/10. FxPro accepts Bank Transfer, Credit Card, PayPal, Skrill, Neteller, and Squared Financial supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. FxPro requires a minimum deposit of $100 versus $250 for Squared Financial. Always check withdrawal conditions and any potential fees before funding your account.

FxPro
8.0
Squared Financial
7.0

Which Broker Is Right for You?

FxPro

Choose FxPro if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit FxPro
Squared Financial

Choose Squared Financial if you...

  • You prefer Squared Financial's trading environment overall
Visit Squared Financial

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is FxPro better than Squared Financial?

FxPro scores higher overall (8.4/10 vs 7.1/10), winning 8 of 8 categories. However, Squared Financial remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, FxPro or Squared Financial?

FxPro scores higher for trading costs. FxPro offers spreads from 0.0 pips with a $100 minimum deposit, while Squared Financial starts from 0.0 pips with $250 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is FxPro safe to trade with?

FxPro is regulated by CySEC, FCA, FSCA and scores 9/10 for regulation. Squared Financial is regulated by CySEC with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, FxPro or Squared Financial?

FxPro scores 9/10 for platforms. FxPro offers MT4, MT5, cTrader, FxPro Edge, while Squared Financial provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for FxPro vs Squared Financial?

FxPro requires a minimum deposit of $100, while Squared Financial requires $250. FxPro has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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