Squared Financial

Squared Financial

🟢 Tier 1 Regulated
7.1
/ 10
vs
ThinkMarkets

ThinkMarkets

🟢 Tier 1 Regulated
8.3
/ 10

Squared Financial vs ThinkMarkets

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

Squared Financial and ThinkMarkets 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. ThinkMarkets, established in 2010 in London, UK, holds licenses from ASIC, FCA, CySEC with spreads from 0.0 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, ThinkMarkets scored 8.3/10 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

  • 📊

    ThinkMarkets scores 8.3/10 overall vs 7.1/10 for Squared Financial — a 1.2-point difference.

  • 💵

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

  • 📈

    ThinkMarkets offers 4,000+ instruments vs 400+ at Squared Financial — a massive gap in market coverage.

  • 🖥️

    Squared Financial runs on MT4, MT5, while ThinkMarkets uses MT4, MT5, ThinkTrader — different ecosystems for different trading styles.

  • The biggest gap is in Regulation & Trust: ThinkMarkets scores 9.0 vs 7.5 for Squared Financial — a 1.5-point difference.

Our Verdict

Squared Financial

Squared Financial

Score: 7.1/10 · Wins 0 categories
  • You prefer Squared Financial's trading environment overall
🏆 WINNER
ThinkMarkets

ThinkMarkets

Score: 8.3/10 · Wins 8 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority

ThinkMarkets takes the lead with an overall score of 8.3/10 compared to 7.1/10, winning in 8 out of 8 scoring categories. ThinkMarkets stands out for lower trading costs and better trading platforms, while Squared Financial remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, ThinkMarkets comes out ahead with a 8.3/10 overall rating, winning 8 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. ThinkMarkets 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 ThinkMarkets review and Squared Financial review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Squared Financial
ThinkMarkets
Trading Costs
7.0 8.0

ThinkMarkets wins by 1.0 points

Platforms & Tools
7.5 8.5

ThinkMarkets wins by 1.0 points

Regulation & Trust
7.5 9.0

ThinkMarkets wins by 1.5 points

Education
6.5 7.5

ThinkMarkets wins by 1.0 points

Customer Service
7.0 8.0

ThinkMarkets wins by 1.0 points

Research & Analysis
7.0 7.5

ThinkMarkets wins by 0.5 points

Deposit & Withdrawal
7.0 8.0

ThinkMarkets wins by 1.0 points

Product Range
7.0 8.0

ThinkMarkets wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.1/10
8.3/10
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, MT5, ThinkTrader
Regulation
CySEC
ASIC, FCA, CySEC
Founded
Older track record highlighted
2005
2010
Markets
400+
4,000+
Squared Financial: 0 ThinkMarkets: 1
💰

Fees & Costs

🏅 Section Winner: ThinkMarkets (7.0 vs 8.0)

When it comes to trading costs, ThinkMarkets 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 ThinkMarkets starts from 0.0 pips. The minimum deposit at Squared Financial is $250, compared to $0 at ThinkMarkets. 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
ThinkMarkets
8.0
Squared Financial: 0 ThinkMarkets: 2
🖥️

Trading Platforms

🏅 Section Winner: ThinkMarkets (7.5 vs 8.5)

ThinkMarkets scores 8.5/10 for platforms compared to 7.5/10 for Squared Financial. Squared Financial provides MT4, MT5, while ThinkMarkets offers MT4, MT5, ThinkTrader. 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
ThinkMarkets
8.5
Squared Financial: 0 ThinkMarkets: 3
🛡️

Regulation & Safety

🏅 Section Winner: ThinkMarkets (7.5 vs 9.0)

Regulation is crucial for fund safety. Squared Financial is regulated by CySEC (Tier 1), while ThinkMarkets holds licenses from ASIC, FCA, CySEC (Tier 1). Squared Financial scores 7.5/10 and ThinkMarkets 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
ThinkMarkets
9.0
Squared Financial: 0 ThinkMarkets: 4
📚

Education & Research

🏅 Section Winner: ThinkMarkets (6.5 vs 7.5)

For learning resources, ThinkMarkets leads with 7.5/10 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 ThinkMarkets 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
ThinkMarkets
7.5
Squared Financial: 0 ThinkMarkets: 5
🎧

Customer Support

🏅 Section Winner: ThinkMarkets (7.0 vs 8.0)

Squared Financial offers 24/5 Live Chat, Email, Phone and scores 7/10, while ThinkMarkets provides 24/7 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
ThinkMarkets
8.0
Squared Financial: 0 ThinkMarkets: 6
💳

Deposit & Withdrawal

🏅 Section Winner: ThinkMarkets (7.0 vs 8.0)

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

Squared Financial
7.0
ThinkMarkets
8.0

Which Broker Is Right for You?

Squared Financial

Choose Squared Financial if you...

  • You prefer Squared Financial's trading environment overall
Visit Squared Financial
ThinkMarkets

Choose ThinkMarkets if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit ThinkMarkets

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Squared Financial better than ThinkMarkets?

ThinkMarkets scores higher overall (8.3/10 vs 7.1/10), winning 8 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 ThinkMarkets?

ThinkMarkets scores higher for trading costs. Squared Financial offers spreads from 0.0 pips with a $250 minimum deposit, while ThinkMarkets 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. ThinkMarkets is regulated by ASIC, FCA, CySEC 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 ThinkMarkets?

ThinkMarkets scores 8.5/10 for platforms. Squared Financial offers MT4, MT5, while ThinkMarkets provides MT4, MT5, ThinkTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

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

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