- Leverage: 1:30 | 1:500
- Regulation: CySEC, FSA
- Min. Deposit: $250
- HQ: Cyprus
- Platforms: MT4, MT5, Mobile App
- Found in: 2005
SquaredFinancial Licenses:
- Squared Financial (CY) Limited – authorized by CySEC (Cyprus) license no 329/17
- Squared Financial (Seychelles) Ltd – authorized by FSA (Seychelles) license no SD024
SquaredFinancial, formerly known as SquaredDirect and ProbusFX before that, operates as a Forex and CFDs trading broker headquartered in Cyprus. The platform enables trading in various assets such as Forex, Precious Metals, Energies, Indices, Futures, Stocks, ETFs, and Cryptocurrencies.
From our analysis, SquaredFinancial emphasizes a technology-centric trading approach with a No Dealing Desk Intervention model. This ensures access to institutional-grade liquidity, resulting in rapid execution, tight spreads, and low-latency pricing.
When considering the positives and negatives of SquaredFinancial, there are notable advantages including competitive trading conditions, diverse payment methods, and access to a wide range of financial instruments through advanced MT4 and MT5 trading platforms.
On the downside, there’s no 24/7 customer support, which could pose challenges for traders requiring immediate assistance. Additionally, the broker’s history of name changes and the lack of a top-tier license may raise regulatory concerns for potential traders. Therefore, it’s essential to conduct thorough research and evaluation to determine if SquaredFinancial meets your specific trading needs and preferences.