JustMarkets

JustMarkets

🟢 Tier 1 Regulated
7.2
/ 10
vs
Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10

JustMarkets vs Squared Financial

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

JustMarkets and Squared Financial are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. JustMarkets, founded in 2012 and headquartered in Limassol, Cyprus, is regulated by CySEC, FSA, IFSC and offers spreads starting from 0.0 pips with a minimum deposit of $1. 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, JustMarkets scored 7.2/10 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 better trading platforms and stronger regulation, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    JustMarkets scores 7.2/10 overall vs 7.1/10 for Squared Financial — a 0.1-point difference.

  • 💵

    JustMarkets requires just $1 to start, while Squared Financial needs $250 — JustMarkets is 250x more accessible.

  • 📈

    Squared Financial offers 400+ instruments vs 260+ at JustMarkets — a notable difference in market coverage.

Our Verdict

🏆 WINNER
JustMarkets

JustMarkets

Score: 7.2/10 · Wins 3 categories
  • You want lower spreads and trading fees
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
  • You prefer a low minimum deposit ($1)
Squared Financial

Squared Financial

Score: 7.1/10 · Wins 4 categories
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools

JustMarkets takes the lead with an overall score of 7.2/10 compared to 7.1/10, winning in 3 out of 8 scoring categories. JustMarkets stands out for lower trading costs and better customer support, while Squared Financial fights back with better trading platforms and stronger regulation.

Detailed Verdict

After testing both brokers with real accounts, JustMarkets comes out ahead with a 7.2/10 overall rating, winning 3 out of 8 categories. Its strongest area is Trading Costs where it scores 7.5/10. JustMarkets 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), winning 4 categories. Traders who value better trading platforms or stronger regulation may find Squared Financial the better fit. For a complete breakdown, read our full JustMarkets review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

JustMarkets
Squared Financial
Trading Costs
7.5 7.0

JustMarkets wins by 0.5 points

Platforms & Tools
7.0 7.5

Squared Financial wins by 0.5 points

Regulation & Trust
7.0 7.5

Squared Financial wins by 0.5 points

Education
6.5 6.5
Customer Service
7.5 7.0

JustMarkets wins by 0.5 points

Research & Analysis
6.5 7.0

Squared Financial wins by 0.5 points

Deposit & Withdrawal
7.5 7.0

JustMarkets wins by 0.5 points

Product Range
6.5 7.0

Squared Financial wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
7.1/10
Min Deposit
Lower is better
$1
$250
Max Leverage
1:3000
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5
MT4, MT5
Regulation
CySEC, FSA, IFSC
CySEC
Founded
Older track record highlighted
2012
2005
Markets
260+
400+
JustMarkets: 1 Squared Financial: 0
💰

Fees & Costs

🏅 Section Winner: JustMarkets (7.5 vs 7.0)

When it comes to trading costs, JustMarkets has the edge with a score of 7.5/10 versus 7/10 for Squared Financial. JustMarkets offers spreads starting from 0.0 pips, while Squared Financial starts from 0.0 pips. The minimum deposit at JustMarkets is $1, 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.

JustMarkets
7.5
Squared Financial
7.0
JustMarkets: 1 Squared Financial: 1
🖥️

Trading Platforms

🏅 Section Winner: Squared Financial (7.0 vs 7.5)

Squared Financial scores 7.5/10 for platforms compared to 7/10 for JustMarkets. JustMarkets provides MT4, MT5, 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.

JustMarkets
7.0
Squared Financial
7.5
JustMarkets: 1 Squared Financial: 2
🛡️

Regulation & Safety

🏅 Section Winner: Squared Financial (7.0 vs 7.5)

Regulation is crucial for fund safety. JustMarkets is regulated by CySEC, FSA, IFSC (Tier 1), while Squared Financial holds licenses from CySEC (Tier 1). JustMarkets scores 7/10 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.

JustMarkets
7.0
Squared Financial
7.5
JustMarkets: 1 Squared Financial: 2
📚

Education & Research

For learning resources, JustMarkets leads with 6.5/10 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. JustMarkets 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.

JustMarkets
6.5
Squared Financial
6.5
JustMarkets: 2 Squared Financial: 2
🎧

Customer Support

🏅 Section Winner: JustMarkets (7.5 vs 7.0)

JustMarkets offers 24/7 Live Chat, Email and scores 7.5/10, 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.

JustMarkets
7.5
Squared Financial
7.0
JustMarkets: 3 Squared Financial: 2
💳

Deposit & Withdrawal

🏅 Section Winner: JustMarkets (7.5 vs 7.0)

JustMarkets scores 7.5/10 for deposits and withdrawals, while Squared Financial scores 7/10. JustMarkets accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and Squared Financial supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. JustMarkets requires a minimum deposit of $1 versus $250 for Squared Financial. Always check withdrawal conditions and any potential fees before funding your account.

JustMarkets
7.5
Squared Financial
7.0

Which Broker Is Right for You?

JustMarkets

Choose JustMarkets if you...

  • You want lower spreads and trading fees
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
  • You prefer a low minimum deposit ($1)
Visit JustMarkets
Squared Financial

Choose Squared Financial if you...

  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools
Visit Squared Financial

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is JustMarkets better than Squared Financial?

JustMarkets scores higher overall (7.2/10 vs 7.1/10), winning 3 of 8 categories. However, Squared Financial is stronger in better trading platforms and stronger regulation. The best choice depends on what matters most to your trading style.

Which has lower fees, JustMarkets or Squared Financial?

JustMarkets scores higher for trading costs. JustMarkets offers spreads from 0.0 pips with a $1 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 JustMarkets safe to trade with?

JustMarkets is regulated by CySEC, FSA, IFSC and scores 7/10 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, JustMarkets or Squared Financial?

Squared Financial scores 7.5/10 for platforms. JustMarkets offers MT4, MT5, 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 JustMarkets vs Squared Financial?

JustMarkets requires a minimum deposit of $1, while Squared Financial requires $250. JustMarkets 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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