Squared Financial
JustMarkets
Squared Financial vs JustMarkets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Squared Financial and JustMarkets 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. JustMarkets, established in 2012 in Limassol, Cyprus, holds licenses from CySEC, FSA, IFSC with spreads from 0.0 pips and a $1 minimum deposit. In our hands-on testing across 8 scoring categories, JustMarkets scored 7.2/10 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 and stronger regulation, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
JustMarkets scores 7.2/10 overall vs 7.1/10 for Squared Financial — a 0.1-point difference.
- 💵
JustMarkets requires just $1 to start, while Squared Financial needs $250 — JustMarkets is 250x more accessible.
- 📈
Squared Financial offers 400+ instruments vs 260+ at JustMarkets — a notable difference in market coverage.
Our Verdict
Squared Financial
Score: 7.1/10 · Wins 4 categories- You need advanced trading platforms and tools
- 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
JustMarkets
Score: 7.2/10 · Wins 3 categories- You want lower spreads and trading fees
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($1)
JustMarkets takes the lead with an overall score of 7.2/10 compared to 7.1/10, winning in 3 out of 8 scoring categories. JustMarkets stands out for lower trading costs and better customer support, while Squared Financial fights back with better trading platforms and stronger regulation.
Detailed Verdict
After testing both brokers with real accounts, JustMarkets comes out ahead with a 7.2/10 overall rating, winning 3 out of 8 categories. Its strongest area is Trading Costs where it scores 7.5/10. JustMarkets 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 4 categories. Traders who value better trading platforms or stronger regulation may find Squared Financial the better fit. For a complete breakdown, read our full JustMarkets review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
JustMarkets wins by 0.5 points
Squared Financial wins by 0.5 points
Squared Financial wins by 0.5 points
JustMarkets wins by 0.5 points
Squared Financial wins by 0.5 points
JustMarkets wins by 0.5 points
Squared Financial wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.1/10 | 7.2/10 ✓ |
| Min Deposit Lower is better | $250 | $1 ✓ |
| Max Leverage | 1:500 | 1:3000 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5 | MT4, MT5 |
| Regulation | CySEC | CySEC, FSA, IFSC |
| Founded Older track record highlighted | 2005 ✓ | 2012 |
| Markets | 400+ ✓ | 260+ |
Fees & Costs
When it comes to trading costs, JustMarkets has the edge with a score of 7.5/10 versus 7/10 for Squared Financial. Squared Financial offers spreads starting from 0.0 pips, while JustMarkets starts from 0.0 pips. The minimum deposit at Squared Financial is $250, compared to $1 at JustMarkets. 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 7/10 for JustMarkets. Squared Financial provides MT4, MT5, while JustMarkets 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 JustMarkets holds licenses from CySEC, FSA, IFSC (Tier 1). Squared Financial scores 7.5/10 and JustMarkets scores 7/10 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 JustMarkets 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 JustMarkets provides 24/7 Live Chat, Email 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.
Deposit & Withdrawal
Squared Financial scores 7/10 for deposits and withdrawals, while JustMarkets scores 7.5/10. Squared Financial accepts Bank Transfer, Credit Card, Skrill, Neteller, and JustMarkets supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Squared Financial requires a minimum deposit of $250 versus $1 for JustMarkets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Squared Financial if you...
- You need advanced trading platforms and tools
- 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
Choose JustMarkets if you...
- You want lower spreads and trading fees
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($1)
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is Squared Financial better than JustMarkets?
JustMarkets scores higher overall (7.2/10 vs 7.1/10), winning 3 of 8 categories. However, Squared Financial is stronger in better trading platforms and stronger regulation. The best choice depends on what matters most to your trading style.
Which has lower fees, Squared Financial or JustMarkets?
JustMarkets scores higher for trading costs. Squared Financial offers spreads from 0.0 pips with a $250 minimum deposit, while JustMarkets starts from 0.0 pips with $1 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. JustMarkets is regulated by CySEC, FSA, IFSC with a score of 7/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Squared Financial or JustMarkets?
Squared Financial scores 7.5/10 for platforms. Squared Financial offers MT4, MT5, while JustMarkets 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 JustMarkets?
Squared Financial requires a minimum deposit of $250, while JustMarkets requires $1. JustMarkets 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.