Squared Financial Review 2026
The full Squared Financial write-up for Philippines traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Philippines
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD039 |
| Regulated Entity | SquaredFinancial Ltd (SC) |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $25 |
| EUR/USD Spread | From 0.8 pips |
| Instruments | 500+ |
| Platforms | MT4, MT5, TradingView |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD039). Cover charge $25. In Philippines, forex leverage is capped at 1:500.
About Squared Financial
Squared Financial opened its doors in 2005 out of a kitchen in Limassol, Cyprus. Its menu runs to 500 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by SquaredFinancial Ltd (SC) under FSA.
In Philippines, Squared Financial serves as SquaredFinancial Ltd (SC), cleared by FSA under licence number SD039. Under FSA house rules, Philippines traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD039
- 500+ instruments to trade
- Negative balance protection in Philippines
- Platforms: MT4, MT5, TradingView
- Founded in 2005 (21 years operating)
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Squared Financial regulated?
Yes. Squared Financial is authorised by FSA, issued to the entity SquaredFinancial Ltd (SC), an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for Squared Financial in Philippines?
The cover charge is $25, the smallest amount Philippines traders need to open a live account with Squared Financial under FSA rules.
What leverage does Squared Financial offer in Philippines?
In Philippines, FSA rules cap Squared Financial at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Squared Financial safe to trade with?
The kitchen passes inspection: Squared Financial cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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