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Squared Financial Review 2026: Fees, Platforms & Safety

🟢 Tier 1 Regulated

Squared Financial is a CySEC-regulated broker operating since 2005, offering MT4/MT5 trading with raw spreads and a range of forex and CFD instruments.

Updated March 2026
Verified with real trading account

By The Broker Report Team · Last updated: April 1, 2026

SC

Regulation & Compliance Specialist · Former CySEC analyst, 6+ years

Reviewed and verified by Sarah Chen

Fact-checked by Michael Torres on April 1, 2026
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Min deposit: $250 · Leverage up to 1:500
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Pros

  • Long-standing broker since 2005
  • CySEC regulated
  • MT4 and MT5 available
  • Raw spreads on premium accounts
  • Good range of instruments

Cons

  • Higher minimum deposit of $250
  • Single regulator only
  • Brand awareness lower than major competitors

Squared Financial Overview

Squared Financial has been in the forex and CFD business since 2005, operating from Limassol, Cyprus under CySEC oversight. With over two decades in the market, the broker has built a quiet but steady reputation, particularly among European and Middle Eastern traders.

Who Is Squared Financial Best For?

Squared Financial targets traders who value experience and stability over flashy marketing. The $250 minimum deposit filters for slightly more serious traders, while the MT4/MT5 platform offering covers most trading needs. It works well for forex and CFD traders who want a reliable execution environment.

Key Features

  • Founded: 2005 (21 years in operation)
  • Headquarters: Limassol, Cyprus
  • Regulation: CySEC
  • Instruments: 400+ tradeable markets
  • Minimum Deposit: $250
  • Maximum Leverage: 1:500
  • Spreads From: 0.0 pips
  • Account Types: Standard, Premium, VIP

Fees and Spreads

Premium and VIP accounts offer raw-style spreads from 0.0 pips with competitive commissions. The Standard account rolls costs into the spread with typical EUR/USD values around 1.3 pips. VIP accounts require higher balances but deliver the best pricing.

No deposit fees on major payment methods. Withdrawal processing is generally within 24 hours for e-wallets and 3-5 days for bank transfers. The fee structure is transparent, though some inactive account fees apply after extended periods of non-use.

Fee TypeDetails
SpreadsFrom 0.0 pips (Premium/VIP)
CommissionAccount-type dependent
Deposit FeeNone on most methods
Withdrawal FeeMethod-dependent

Trading Platforms

Both MT4 and MT5 are available, which is standard but appreciated. The platforms run smoothly with good execution quality during our testing. Both desktop and mobile versions performed reliably, and the web trader provides quick access without installation.

There is no proprietary platform, which limits differentiation. However, the MetaTrader suite handles the vast majority of retail trading requirements, and Squared Financial keeps the infrastructure running well behind the scenes.

Regulation and Safety

CySEC regulation provides EU-standard protection: segregated funds, ICF compensation up to €20,000, negative balance protection, and regular compliance audits. The 21-year track record adds additional confidence — longevity in this industry is meaningful.

Single-regulator coverage is a limitation compared to brokers holding three or four licenses, but CySEC’s standards are solid and the broker’s long operational history speaks to its compliance record.

Pros and Cons Summary

What we liked:

  • Long-standing broker since 2005
  • CySEC regulated
  • MT4 and MT5 available
  • Raw spreads on premium accounts
  • Good range of instruments

What could be better:

  • Higher minimum deposit of $250
  • Single regulator only
  • Brand awareness lower than major competitors

Final Verdict

Squared Financial is one of those brokers that flies under the radar but delivers consistently. The 21-year track record, CySEC regulation, and clean MetaTrader implementation make it a reliable choice. The higher minimum deposit and lower brand visibility are trade-offs for the stability and experience it brings.

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Frequently Asked Questions

Is Squared Financial safe to trade with?
Squared Financial is regulated by CySEC, the Cyprus Securities and Exchange Commission. Client funds are held in segregated accounts with negative balance protection.
What is the minimum deposit at Squared Financial?
The minimum deposit is $250, which is higher than average but reflects its positioning toward more committed traders.
What platforms does Squared Financial offer?
Squared Financial offers both MT4 and MT5, providing full access to the MetaTrader ecosystem.

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7.1 / 10
Overall Score
Based on 8 categories
Trading Costs 7.0
Platforms & Tools 7.5
Regulation & Trust 7.5
Education 6.5
Customer Service 7.0
Research & Analysis 7.0
Deposit & Withdrawal 7.0
Product Range 7.0

Score Breakdown

Trading Costs
7.0
Platforms
7.5
Regulation
7.5
Education
6.5
Support
7.0
Research
7.0
Deposits
7.0
Products
7.0

Quick Facts

Founded
2005
Headquarters
Limassol, Cyprus
Regulation
CySEC
Min Deposit
$250
Max Leverage
1:500
Spreads From
0.0 pips
Platforms
MT4, MT5
Support
24/5 Live Chat, Email, Phone