Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10
vs
Equiti

Equiti

🟢 Tier 1 Regulated
7.8
/ 10

Squared Financial vs Equiti

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

Squared Financial and Equiti 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. Equiti, established in 2008 in Dubai, UAE, holds licenses from DFSA, CySEC, FCA with spreads from 0.0 pips and a $500 minimum deposit. In our hands-on testing across 8 scoring categories, Equiti scored 7.8/10 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 overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Equiti scores 7.8/10 overall vs 7.1/10 for Squared Financial — a 0.7-point difference.

  • 💵

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

  • The biggest gap is in Trading Costs: Equiti scores 8.0 vs 7.0 for Squared Financial — a 1.0-point difference.

Our Verdict

Squared Financial

Squared Financial

Score: 7.1/10 · Wins 0 categories
  • You prefer a low minimum deposit ($250)
  • You prefer Squared Financial's trading environment overall
🏆 WINNER
Equiti

Equiti

Score: 7.8/10 · Wins 7 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

Equiti takes the lead with an overall score of 7.8/10 compared to 7.1/10, winning in 7 out of 8 scoring categories. Equiti stands out for lower trading costs and stronger regulation, while Squared Financial remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, Equiti comes out ahead with a 7.8/10 overall rating, winning 7 out of 8 categories. Its strongest area is Regulation & Trust where it scores 8.5/10. Equiti 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). For a complete breakdown, read our full Equiti review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Squared Financial
Equiti
Trading Costs
7.0 8.0

Equiti wins by 1.0 points

Platforms & Tools
7.5 7.5
Regulation & Trust
7.5 8.5

Equiti wins by 1.0 points

Education
6.5 7.0

Equiti wins by 0.5 points

Customer Service
7.0 8.0

Equiti wins by 1.0 points

Research & Analysis
7.0 7.5

Equiti wins by 0.5 points

Deposit & Withdrawal
7.0 7.5

Equiti wins by 0.5 points

Product Range
7.0 7.5

Equiti wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.1/10
7.8/10
Min Deposit
Lower is better
$250
$500
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5
MT4, MT5
Regulation
CySEC
DFSA, CySEC, FCA
Founded
Older track record highlighted
2005
2008
Markets
400+
400+
Squared Financial: 0 Equiti: 1
💰

Fees & Costs

🏅 Section Winner: Equiti (7.0 vs 8.0)

When it comes to trading costs, Equiti has the edge with a score of 8/10 versus 7/10 for Squared Financial. Squared Financial offers spreads starting from 0.0 pips, while Equiti starts from 0.0 pips. The minimum deposit at Squared Financial is $250, compared to $500 at Equiti. 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
Equiti
8.0
Squared Financial: 0 Equiti: 1
🖥️

Trading Platforms

Squared Financial scores 7.5/10 for platforms compared to 7.5/10 for Equiti. Squared Financial provides MT4, MT5, while Equiti 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.

Squared Financial
7.5
Equiti
7.5
Squared Financial: 0 Equiti: 2
🛡️

Regulation & Safety

🏅 Section Winner: Equiti (7.5 vs 8.5)

Regulation is crucial for fund safety. Squared Financial is regulated by CySEC (Tier 1), while Equiti holds licenses from DFSA, CySEC, FCA (Tier 1). Squared Financial scores 7.5/10 and Equiti scores 8.5/10 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
Equiti
8.5
Squared Financial: 0 Equiti: 3
📚

Education & Research

🏅 Section Winner: Equiti (6.5 vs 7.0)

For learning resources, Equiti 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 Equiti 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
Equiti
7.0
Squared Financial: 0 Equiti: 4
🎧

Customer Support

🏅 Section Winner: Equiti (7.0 vs 8.0)

Squared Financial offers 24/5 Live Chat, Email, Phone and scores 7/10, while Equiti provides 24/5 Live Chat, Email, Phone with a score of 8/10. 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
Equiti
8.0
Squared Financial: 0 Equiti: 5
💳

Deposit & Withdrawal

🏅 Section Winner: Equiti (7.0 vs 7.5)

Squared Financial scores 7/10 for deposits and withdrawals, while Equiti scores 7.5/10. Squared Financial accepts Bank Transfer, Credit Card, Skrill, Neteller, and Equiti supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Squared Financial requires a minimum deposit of $250 versus $500 for Equiti. Always check withdrawal conditions and any potential fees before funding your account.

Squared Financial
7.0
Equiti
7.5

Which Broker Is Right for You?

Squared Financial

Choose Squared Financial if you...

  • You prefer a low minimum deposit ($250)
  • You prefer Squared Financial's trading environment overall
Visit Squared Financial
Equiti

Choose Equiti 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 Equiti

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Frequently Asked Questions

Is Squared Financial better than Equiti?

Equiti scores higher overall (7.8/10 vs 7.1/10), winning 7 of 8 categories. However, Squared Financial remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, Squared Financial or Equiti?

Equiti scores higher for trading costs. Squared Financial offers spreads from 0.0 pips with a $250 minimum deposit, while Equiti starts from 0.0 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. Equiti is regulated by DFSA, CySEC, FCA with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Squared Financial or Equiti?

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

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

Squared Financial requires a minimum deposit of $250, while Equiti 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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