Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10
vs
Axi

Axi

🟢 Tier 1 Regulated
8.0
/ 10

Squared Financial vs Axi

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

Squared Financial and Axi are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Squared Financial, founded in 2005 and headquartered in Limassol, Cyprus, is regulated by CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $250. Axi, established in 2007 in Sydney, Australia, holds licenses from ASIC, FCA, DFSA with spreads from 0.0 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, Axi scored 8/10 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, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Axi scores 8/10 overall vs 7.1/10 for Squared Financial — a 0.9-point difference.

  • 💵

    Axi requires just $0 to start, while Squared Financial needs $250 — Axi is 250x more accessible.

  • 📈

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

  • 🖥️

    Squared Financial runs on MT4, MT5, while Axi uses MT4, Axi Copy Trading App — different ecosystems for different trading styles.

  • The biggest gap is in Trading Costs: Axi scores 8.5 vs 7.0 for Squared Financial — a 1.5-point difference.

Our Verdict

Squared Financial

Squared Financial

Score: 7.1/10 · Wins 1 categories
  • You need advanced trading platforms and tools
  • You prefer Squared Financial's trading environment overall
🏆 WINNER
Axi

Axi

Score: 8.0/10 · Wins 5 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you

Axi takes the lead with an overall score of 8/10 compared to 7.1/10, winning in 5 out of 8 scoring categories. Axi stands out for lower trading costs and stronger regulation, while Squared Financial fights back with better trading platforms.

Detailed Verdict

After testing both brokers with real accounts, Axi comes out ahead with a 8/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. Axi 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 better trading platforms may find Squared Financial the better fit. For a complete breakdown, read our full Axi review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Squared Financial
Axi
Trading Costs
7.0 8.5

Axi wins by 1.5 points

Platforms & Tools
7.5 7.0

Squared Financial wins by 0.5 points

Regulation & Trust
7.5 9.0

Axi wins by 1.5 points

Education
6.5 7.0

Axi wins by 0.5 points

Customer Service
7.0 7.5

Axi wins by 0.5 points

Research & Analysis
7.0 7.0
Deposit & Withdrawal
7.0 8.0

Axi wins by 1.0 points

Product Range
7.0 7.0

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.1/10
8.0/10
Min Deposit
Lower is better
$250
$0
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5
MT4, Axi Copy Trading App
Regulation
CySEC
ASIC, FCA, DFSA
Founded
Older track record highlighted
2005
2007
Markets
400+
300+
Squared Financial: 0 Axi: 1
💰

Fees & Costs

🏅 Section Winner: Axi (7.0 vs 8.5)

When it comes to trading costs, Axi has the edge with a score of 8.5/10 versus 7/10 for Squared Financial. Squared Financial offers spreads starting from 0.0 pips, while Axi starts from 0.0 pips. The minimum deposit at Squared Financial is $250, compared to $0 at Axi. 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
7.0
Axi
8.5
Squared Financial: 1 Axi: 1
🖥️

Trading Platforms

🏅 Section Winner: Squared Financial (7.5 vs 7.0)

Squared Financial scores 7.5/10 for platforms compared to 7/10 for Axi. Squared Financial provides MT4, MT5, while Axi offers MT4, Axi Copy Trading App. 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.

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

Regulation & Safety

🏅 Section Winner: Axi (7.5 vs 9.0)

Regulation is crucial for fund safety. Squared Financial is regulated by CySEC (Tier 1), while Axi holds licenses from ASIC, FCA, DFSA (Tier 1). Squared Financial scores 7.5/10 and Axi scores 9/10 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.

Squared Financial
7.5
Axi
9.0
Squared Financial: 1 Axi: 3
📚

Education & Research

🏅 Section Winner: Axi (6.5 vs 7.0)

For learning resources, Axi 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. Squared Financial and Axi 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.

Squared Financial
6.5
Axi
7.0
Squared Financial: 1 Axi: 4
🎧

Customer Support

🏅 Section Winner: Axi (7.0 vs 7.5)

Squared Financial offers 24/5 Live Chat, Email, Phone and scores 7/10, while Axi provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. 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.

Squared Financial
7.0
Axi
7.5
Squared Financial: 1 Axi: 5
💳

Deposit & Withdrawal

🏅 Section Winner: Axi (7.0 vs 8.0)

Squared Financial scores 7/10 for deposits and withdrawals, while Axi scores 8/10. Squared Financial accepts Bank Transfer, Credit Card, Skrill, Neteller, and Axi supports Bank Transfer, Credit Card, Skrill, Neteller, POLi. Processing times, fees, and available currencies vary. Squared Financial requires a minimum deposit of $250 versus $0 for Axi. Always check withdrawal conditions and any potential fees before funding your account.

Squared Financial
7.0
Axi
8.0

Which Broker Is Right for You?

Squared Financial

Choose Squared Financial if you...

  • You need advanced trading platforms and tools
  • You prefer Squared Financial's trading environment overall
Visit Squared Financial
Axi

Choose Axi if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
Visit Axi

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Squared Financial better than Axi?

Axi scores higher overall (8/10 vs 7.1/10), winning 5 of 8 categories. However, Squared Financial is stronger in better trading platforms. The best choice depends on what matters most to your trading style.

Which has lower fees, Squared Financial or Axi?

Axi scores higher for trading costs. Squared Financial offers spreads from 0.0 pips with a $250 minimum deposit, while Axi starts from 0.0 pips with $0 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Squared Financial safe to trade with?

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

Which has better trading platforms, Squared Financial or Axi?

Squared Financial scores 7.5/10 for platforms. Squared Financial offers MT4, MT5, while Axi provides MT4, Axi Copy Trading App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

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

Squared Financial requires a minimum deposit of $250, while Axi requires $0. Axi 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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