Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10
vs
Colmex Pro

Colmex Pro

🟢 Tier 1 Regulated
7.0
/ 10

Squared Financial vs Colmex Pro

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

Squared Financial and Colmex Pro 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. Colmex Pro, established in 2010 in Limassol, Cyprus, holds licenses from CySEC with spreads from 0.3 pips and a $500 minimum deposit. In our hands-on testing across 8 scoring categories, Squared Financial scored 7.1/10 overall compared to Colmex Pro's 7/10, making it the stronger pick for most traders. That said, Colmex Pro holds its own with wider product range, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

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

  • 💵

    Squared Financial requires just $250 to start, while Colmex Pro needs $500 — Squared Financial is 2x more accessible.

  • 📈

    Colmex Pro offers 5,000+ instruments vs 400+ at Squared Financial — a massive gap in market coverage.

  • 🖥️

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

  • The biggest gap is in Education: Squared Financial scores 6.5 vs 5.5 for Colmex Pro — a 1.0-point difference.

Our Verdict

🏆 WINNER
Squared Financial

Squared Financial

Score: 7.1/10 · Wins 4 categories
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
Colmex Pro

Colmex Pro

Score: 7.0/10 · Wins 1 categories
  • You want access to a wider range of instruments
  • You prefer Colmex Pro's trading environment overall

Squared Financial takes the lead with an overall score of 7.1/10 compared to 7/10, winning in 4 out of 8 scoring categories. Squared Financial stands out for better trading platforms and superior education resources, while Colmex Pro fights back with wider product range.

Detailed Verdict

After testing both brokers with real accounts, Squared Financial comes out ahead with a 7.1/10 overall rating, winning 4 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. Colmex Pro is not without merit — it scores 7/10 overall and excels in Product Range (8.0/10), winning 1 category. Traders who value wider product range may find Colmex Pro the better fit. For a complete breakdown, read our full Squared Financial review and Colmex Pro review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Squared Financial
Colmex Pro
Trading Costs
7.0 7.0
Platforms & Tools
7.5 7.0

Squared Financial wins by 0.5 points

Regulation & Trust
7.5 7.5
Education
6.5 5.5

Squared Financial wins by 1.0 points

Customer Service
7.0 6.5

Squared Financial wins by 0.5 points

Research & Analysis
7.0 7.0
Deposit & Withdrawal
7.0 6.5

Squared Financial wins by 0.5 points

Product Range
7.0 8.0

Colmex Pro wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.1/10
7.0/10
Min Deposit
Lower is better
$250
$500
Max Leverage
1:500
1:200
Spreads From
0.0 pips
0.3 pips
Platforms
MT4, MT5
Colmex Pro Platform
Regulation
CySEC
CySEC
Founded
Older track record highlighted
2005
2010
Markets
400+
5,000+
Squared Financial: 0 Colmex Pro: 0
💰

Fees & Costs

When it comes to trading costs, Squared Financial has the edge with a score of 7/10 versus 7/10 for Colmex Pro. Squared Financial offers spreads starting from 0.0 pips, while Colmex Pro starts from 0.3 pips. The minimum deposit at Squared Financial is $250, compared to $500 at Colmex Pro. 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
Colmex Pro
7.0
Squared Financial: 1 Colmex Pro: 0
🖥️

Trading Platforms

🏅 Section Winner: Squared Financial (7.5 vs 7.0)

Squared Financial scores 7.5/10 for platforms compared to 7/10 for Colmex Pro. Squared Financial provides MT4, MT5, while Colmex Pro offers Colmex Pro Platform. 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
Colmex Pro
7.0
Squared Financial: 1 Colmex Pro: 0
🛡️

Regulation & Safety

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

Squared Financial
7.5
Colmex Pro
7.5
Squared Financial: 2 Colmex Pro: 0
📚

Education & Research

🏅 Section Winner: Squared Financial (6.5 vs 5.5)

For learning resources, Squared Financial leads with 6.5/10 compared to 5.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Squared Financial and Colmex Pro 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
Colmex Pro
5.5
Squared Financial: 3 Colmex Pro: 0
🎧

Customer Support

🏅 Section Winner: Squared Financial (7.0 vs 6.5)

Squared Financial offers 24/5 Live Chat, Email, Phone and scores 7/10, while Colmex Pro provides 24/5 Email, Phone with a score of 6.5/10. 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
Colmex Pro
6.5
Squared Financial: 4 Colmex Pro: 0
💳

Deposit & Withdrawal

🏅 Section Winner: Squared Financial (7.0 vs 6.5)

Squared Financial scores 7/10 for deposits and withdrawals, while Colmex Pro scores 6.5/10. Squared Financial accepts Bank Transfer, Credit Card, Skrill, Neteller, and Colmex Pro supports Bank Transfer, Credit Card. Processing times, fees, and available currencies vary. Squared Financial requires a minimum deposit of $250 versus $500 for Colmex Pro. Always check withdrawal conditions and any potential fees before funding your account.

Squared Financial
7.0
Colmex Pro
6.5

Which Broker Is Right for You?

Squared Financial

Choose Squared Financial if you...

  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
Visit Squared Financial
Colmex Pro

Choose Colmex Pro if you...

  • You want access to a wider range of instruments
  • You prefer Colmex Pro's trading environment overall
Visit Colmex Pro

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Squared Financial better than Colmex Pro?

Squared Financial scores higher overall (7.1/10 vs 7/10), winning 4 of 8 categories. However, Colmex Pro is stronger in wider product range. The best choice depends on what matters most to your trading style.

Which has lower fees, Squared Financial or Colmex Pro?

Squared Financial scores higher for trading costs. Squared Financial offers spreads from 0.0 pips with a $250 minimum deposit, while Colmex Pro starts from 0.3 pips with $500 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. Colmex Pro 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, Squared Financial or Colmex Pro?

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

What's the minimum deposit for Squared Financial vs Colmex Pro?

Squared Financial requires a minimum deposit of $250, while Colmex Pro requires $500. Squared Financial 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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