SquaredFinancial is an online investment firm that was founded in 2005 and is headquartered in Cyprus. The Investment Firm offers more than 150 different assets to its customers, including Indices, Currencies, and Commodities, Cryptos and Shares. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) and also by the Financial Services Authority (FSA) in Seychelles. SquaredFinancial accepts customers from over 170 countries around the world.
This broker offers two main account types, including SquaredPro and SquaredElite and a FREE extensive educational material to all its traders, including videos, eBooks, and tutorials alongside low spreads and fixed low commissions in certain account types. The minimum deposit at SquaredFinancial is $0, and it accepts deposits using various methods such as Credit Cards, Debit Cards, Wire Transfers, Skrill, and Neteller. More payment methods are accepted under the FSA SC entity including FasaPay, PayTrust, Finrax, Perfect Money etc.
Traders’ funds are segregated from the company’s funds based on regulatory requirements. Although the broker does not offer any insurance to its customers (under the CySEC entity), it is a member of the Investor Compensation Fund Policy, which is a scheme that protects retail clients in case of a dispute. However, clients trading under the SquaredFinancial FSA SC entity are insured up to A maximum pay-out of US$1,000,000 per client. SquaredFinancial offers a multilingual dedicated 24/5 support to its customers. The broker has also won several awards around the world.