Squared Financial
JFD Brokers
Squared Financial vs JFD Brokers
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Squared Financial and JFD Brokers 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. JFD Brokers, established in 2011 in Limassol, Cyprus, holds licenses from CySEC, BaFin with spreads from 0.0 pips and a $500 minimum deposit. In our hands-on testing across 8 scoring categories, JFD Brokers scored 7.5/10 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
- 📊
JFD Brokers scores 7.5/10 overall vs 7.1/10 for Squared Financial — a 0.4-point difference.
- 💵
Squared Financial requires just $250 to start, while JFD Brokers needs $500 — Squared Financial is 2x more accessible.
- 📈
JFD Brokers offers 1,500+ instruments vs 400+ at Squared Financial — a massive gap in market coverage.
- ⚡
The biggest gap is in Trading Costs: JFD Brokers scores 8.0 vs 7.0 for Squared Financial — a 1.0-point difference.
Our Verdict
Squared Financial
Score: 7.1/10 · Wins 0 categories- You prefer a low minimum deposit ($250)
- You prefer Squared Financial's trading environment overall
JFD Brokers
Score: 7.5/10 · Wins 4 categories- You want lower spreads and trading fees
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
JFD Brokers takes the lead with an overall score of 7.5/10 compared to 7.1/10, winning in 4 out of 8 scoring categories. JFD Brokers 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, JFD Brokers comes out ahead with a 7.5/10 overall rating, winning 4 out of 8 categories. Its strongest area is Regulation & Trust where it scores 8.5/10. JFD Brokers 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 JFD Brokers review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
JFD Brokers wins by 1.0 points
JFD Brokers wins by 1.0 points
JFD Brokers wins by 0.5 points
JFD Brokers wins by 1.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.1/10 | 7.5/10 ✓ |
| Min Deposit Lower is better | $250 ✓ | $500 |
| Max Leverage | 1:500 | 1:400 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5 | MT4, MT5 |
| Regulation | CySEC | CySEC, BaFin |
| Founded Older track record highlighted | 2005 ✓ | 2011 |
| Markets | 400+ | 1,500+ ✓ |
Fees & Costs
When it comes to trading costs, JFD Brokers 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 JFD Brokers starts from 0.0 pips. The minimum deposit at Squared Financial is $250, compared to $500 at JFD Brokers. 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.
Trading Platforms
Squared Financial scores 7.5/10 for platforms compared to 7.5/10 for JFD Brokers. Squared Financial provides MT4, MT5, while JFD Brokers 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 & Safety
Regulation is crucial for fund safety. Squared Financial is regulated by CySEC (Tier 1), while JFD Brokers holds licenses from CySEC, BaFin (Tier 1). Squared Financial scores 7.5/10 and JFD Brokers 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.
Education & Research
For learning resources, Squared Financial 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. Squared Financial and JFD Brokers 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.
Customer Support
Squared Financial offers 24/5 Live Chat, Email, Phone and scores 7/10, while JFD Brokers 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.
Deposit & Withdrawal
Squared Financial scores 7/10 for deposits and withdrawals, while JFD Brokers scores 7/10. Squared Financial accepts Bank Transfer, Credit Card, Skrill, Neteller, and JFD Brokers supports Bank Transfer, Credit Card, Skrill. Processing times, fees, and available currencies vary. Squared Financial requires a minimum deposit of $250 versus $500 for JFD Brokers. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Squared Financial if you...
- You prefer a low minimum deposit ($250)
- You prefer Squared Financial's trading environment overall
Choose JFD Brokers if you...
- You want lower spreads and trading fees
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Squared Financial better than JFD Brokers?
JFD Brokers scores higher overall (7.5/10 vs 7.1/10), winning 4 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 JFD Brokers?
JFD Brokers scores higher for trading costs. Squared Financial offers spreads from 0.0 pips with a $250 minimum deposit, while JFD Brokers 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. JFD Brokers is regulated by CySEC, BaFin 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 JFD Brokers?
Squared Financial scores 7.5/10 for platforms. Squared Financial offers MT4, MT5, while JFD Brokers 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 JFD Brokers?
Squared Financial requires a minimum deposit of $250, while JFD Brokers 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.