Squared Financial Review 2026
A licensed kitchen with real, checkable paperwork.
Squared Financial opened its doors in 2005 and cooks as a regulated CFD broker, carrying CySEC licence 329/17.
What's on the menu
Squared Financial has been serving since 2005, with the kitchen based in Limassol, Cyprus. The firm is privately held. The order book runs deep: 500 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.
MetaTrader comes plated on every account type. There is no copy-trading option here.
| Founded | 2005 |
| Headquarters | Limassol, Cyprus |
| Instruments | 500+ |
| Platforms | MT4, MT5, TradingView |
| MetaTrader | Yes, MT4 and MT5 |
| Copy trading | No |
| Real stocks | No, CFDs only |
Kitchen inspection: is Squared Financial safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client.
| Regulator | Licence | Entity |
|---|---|---|
| CySEC | 329/17 ✓ | SquaredFinancial Ltd |
| FSA | SD039 ✓ | SquaredFinancial Ltd (SC) |
Want to inspect the kitchen yourself? Pull up www.cysec.gov.cy and look up the CySEC licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.
Ready to open an account?
Squared Financial - CySEC regulated, min deposit $25, 500+ instruments.
Ingredient costs: Squared Financial spreads
Here is what the raw ingredients cost on a standard Squared Financial account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.
| EUR/USD | 0.8 pips pips |
| GBP/USD | 1.1 pips pips |
| USD/JPY | 0.9 pips pips |
| Gold (XAU/USD) | 23c/oz |
| S&P 500 | 0.5pt |
That EUR/USD figure of 0.8 pips pips is a fair price to pay on a commission-free account.
The bill: Squared Financial withdrawal fee and timing
Cost to take money out: None. Squared Financial does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.
The cover charge by entity
The opening deposit at Squared Financial depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| SquaredFinancial Ltd | CySEC 329/17 | $25 | 1:30 |
| SquaredFinancial Ltd (SC) | FSA SD039 | $25 | 1:500 |
Squared Financial vs eToro
| Squared Financial | eToro | |
|---|---|---|
| Primary regulator | CySEC 329/17 | FCA 583263 |
| Min deposit | $25 | $50 |
| EUR/USD spread | 0.8 pips pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 500+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both kitchens hold real licences, so neither is a bad table. Pull up a chair at Squared Financial if you value MetaTrader and running algorithms. eToro plates up better for anyone who leans on its particular regulated-entity coverage.
The licences, line by line
| CySEC | 329/17, SquaredFinancial Ltd |
| FSA | SD039, SquaredFinancial Ltd (SC) |
Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs. The offshore entity will pour up to 1:500, but that comes with a lighter seal of protection.
What tastes good, what leaves a bad aftertaste
Cooked well
- CySEC regulated, SquaredFinancial Ltd
- Low minimum deposit ($25)
- MetaTrader 4 and 5 available
- No inactivity fee
Sent back
- No copy trading
- No real stock ownership, CFDs only
- High leverage only via offshore entity
Compare Squared Financial before you commit
4.0/5 rating - CySEC regulated - min deposit $25
The verdict
Nothing on the plate here is fake: Squared Financial is a genuine, regulated broker, and CySEC licence 329/17 checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.
Other tables worth a look
If Squared Financial is not quite to your taste, these regulated kitchens are worth comparing:
Frequently asked questions
Is Squared Financial safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client. The kitchen holds CySEC licence 329/17, and you can confirm it for yourself on the official register.
What is the Squared Financial minimum deposit?
The cover charge is $25 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.
What is the Squared Financial EUR/USD spread?
On a standard Squared Financial account the EUR/USD ingredient runs about 0.8 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.
How long does Squared Financial take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Squared Financial charge withdrawal fees?
None. Squared Financial does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Squared Financial have MetaTrader?
Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.