Orbex vs Squared Financial

• 📊

  Squared Financial scores 7.1/10 overall vs 7/10 for Orbex — a 0.1-point difference.

• 💵

  Orbex requires just $200 to start, while Squared Financial needs $250 — Orbex is 1x more accessible.

• 📈

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

• 🖥️

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

• ⚡

  The biggest gap is in Platforms & Tools: Squared Financial scores 7.5 vs 6.5 for Orbex — a 1.0-point difference.

After testing both brokers with real accounts, Squared Financial comes out ahead with a 7.1/10 overall rating, winning 2 out of 8 categories. Its strongest area is Platforms & Tools where it scores 7.5/10. Squared Financial holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Orbex is not without merit — it scores 7/10 overall and excels in Trading Costs (7.5/10), winning 2 categories. Traders who value lower trading costs or superior education resources may find Orbex the better fit. For a complete breakdown, read our full Squared Financial review and Orbex review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Read Squared Financial Review → Read Orbex Review →

When it comes to trading costs, Orbex has the edge with a score of 7.5/10 versus 7/10 for Squared Financial. Orbex offers spreads starting from 0.0 pips, while Squared Financial starts from 0.0 pips. The minimum deposit at Orbex is $200, 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.

Squared Financial scores 7.5/10 for platforms compared to 6.5/10 for Orbex. Orbex provides MT4, 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.

Regulation is crucial for fund safety. Orbex is regulated by CySEC (Tier 1), while Squared Financial holds licenses from CySEC (Tier 1). Orbex scores 7.5/10 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.

For learning resources, Orbex leads with 7/10 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. Orbex 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.

Orbex offers 24/5 Live Chat, Email, Phone and scores 7/10, 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.

Orbex scores 7/10 for deposits and withdrawals, while Squared Financial scores 7/10. Orbex accepts Bank Transfer, Credit Card, Skrill, Neteller, and Squared Financial supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Orbex requires a minimum deposit of $200 versus $250 for Squared Financial. Always check withdrawal conditions and any potential fees before funding your account.