Libertex

Libertex

🟢 Tier 1 Regulated
7.4
/ 10
vs
Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10

Libertex vs Squared Financial

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

Libertex and Squared Financial are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Libertex, founded in 2012 and headquartered in Limassol, Cyprus, is regulated by CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $10. 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, Libertex scored 7.4/10 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 stronger regulation, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Libertex scores 7.4/10 overall vs 7.1/10 for Squared Financial — a 0.3-point difference.

  • 💵

    Libertex requires just $10 to start, while Squared Financial needs $250 — Libertex is 25x more accessible.

  • 📈

    Squared Financial offers 400+ instruments vs 300+ at Libertex — a notable difference in market coverage.

  • 🖥️

    Libertex runs on Libertex Platform, MT4, MT5, while Squared Financial uses MT4, MT5 — different ecosystems for different trading styles.

Our Verdict

🏆 WINNER
Libertex

Libertex

Score: 7.4/10 · 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 ($10)
Squared Financial

Squared Financial

Score: 7.1/10 · Wins 1 categories
  • Top-tier regulation and fund safety are your priority
  • You prefer Squared Financial's trading environment overall

Libertex takes the lead with an overall score of 7.4/10 compared to 7.1/10, winning in 3 out of 8 scoring categories. Libertex stands out for lower trading costs and better customer support, while Squared Financial fights back with stronger regulation.

Detailed Verdict

After testing both brokers with real accounts, Libertex comes out ahead with a 7.4/10 overall rating, winning 3 out of 8 categories. Its strongest area is Trading Costs where it scores 7.5/10. Libertex 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 1 category. Traders who value stronger regulation may find Squared Financial the better fit. For a complete breakdown, read our full Libertex review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Libertex
Squared Financial
Trading Costs
7.5 7.0

Libertex wins by 0.5 points

Platforms & Tools
7.5 7.5
Regulation & Trust
7.0 7.5

Squared Financial wins by 0.5 points

Education
6.5 6.5
Customer Service
7.5 7.0

Libertex wins by 0.5 points

Research & Analysis
7.0 7.0
Deposit & Withdrawal
7.5 7.0

Libertex wins by 0.5 points

Product Range
7.0 7.0

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.4/10
7.1/10
Min Deposit
Lower is better
$10
$250
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
Libertex Platform, MT4, MT5
MT4, MT5
Regulation
CySEC
CySEC
Founded
Older track record highlighted
2012
2005
Markets
300+
400+
Libertex: 1 Squared Financial: 0
💰

Fees & Costs

🏅 Section Winner: Libertex (7.5 vs 7.0)

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

Libertex
7.5
Squared Financial
7.0
Libertex: 1 Squared Financial: 0
🖥️

Trading Platforms

Libertex scores 7.5/10 for platforms compared to 7.5/10 for Squared Financial. Libertex provides Libertex Platform, 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.

Libertex
7.5
Squared Financial
7.5
Libertex: 1 Squared Financial: 1
🛡️

Regulation & Safety

🏅 Section Winner: Squared Financial (7.0 vs 7.5)

Regulation is crucial for fund safety. Libertex is regulated by CySEC (Tier 1), while Squared Financial holds licenses from CySEC (Tier 1). Libertex 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.

Libertex
7.0
Squared Financial
7.5
Libertex: 1 Squared Financial: 1
📚

Education & Research

For learning resources, Libertex 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. Libertex 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.

Libertex
6.5
Squared Financial
6.5
Libertex: 2 Squared Financial: 1
🎧

Customer Support

🏅 Section Winner: Libertex (7.5 vs 7.0)

Libertex offers 24/5 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.

Libertex
7.5
Squared Financial
7.0
Libertex: 3 Squared Financial: 1
💳

Deposit & Withdrawal

🏅 Section Winner: Libertex (7.5 vs 7.0)

Libertex scores 7.5/10 for deposits and withdrawals, while Squared Financial scores 7/10. Libertex 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. Libertex requires a minimum deposit of $10 versus $250 for Squared Financial. Always check withdrawal conditions and any potential fees before funding your account.

Libertex
7.5
Squared Financial
7.0

Which Broker Is Right for You?

Libertex

Choose Libertex 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 ($10)
Visit Libertex
Squared Financial

Choose Squared Financial if you...

  • Top-tier regulation and fund safety are your priority
  • 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 Libertex better than Squared Financial?

Libertex scores higher overall (7.4/10 vs 7.1/10), winning 3 of 8 categories. However, Squared Financial is stronger in stronger regulation. The best choice depends on what matters most to your trading style.

Which has lower fees, Libertex or Squared Financial?

Libertex scores higher for trading costs. Libertex offers spreads from 0.0 pips with a $10 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 Libertex safe to trade with?

Libertex is regulated by CySEC 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, Libertex or Squared Financial?

Libertex scores 7.5/10 for platforms. Libertex offers Libertex Platform, 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 Libertex vs Squared Financial?

Libertex requires a minimum deposit of $10, while Squared Financial requires $250. Libertex 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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