Broker Review: SquaredFinancial

As our quest to equip traders with expert insights continues, today we are focusing on a quite notable broker in the trading universe - SquaredFinancial. Established in 2017, this broker has been thriving for four years now, continuously offering satisfactory services to its clients. In reviewing SquaredFinancial, we will delve into their unique features, regulations, leverage, and much more. Let's dive in to see what exactly SquaredFinancial has to offer.

Overview

SquaredFinancial, a broker firm, is managed by two distinct companies - Squared Financial (CY) Ltd and SquaredFinancial (Seychelles) Limited. The broker has been active in the online trading space since its establishment, serving a vast global clientele except for US traders.

As we all understand, one critical factor to consider in selecting a broker is the minimum account size. With SquaredFinancial, this is considerably low, pegged at $250. This low entry threshold makes the platform accessible to traders with a variety of budget capacities.

The broker's average rating is not provided, but throughout its operational history, SquaredFinancial has managed to build a reputation for reliability and efficiency, which undoubtedly attributes to a promising rating.

Unique Features

SquaredFinancial has positioned itself uniquely in the trading market with some appealing features. Primary of these is the free education they offer. This is a remarkable feature, especially for newbie traders, as it allows for comprehensive learning and understanding of the trading world. This educational package provides insights and guidance on trading strategies, market analysis, and risk management, among other pertinent subjects.

Additionally, the broker operates segregated accounts - a practice that brings forth enhanced security for the trader's funds. This means that clients' money is kept separate from the company's funds, safeguarding investors' money from potential financial complications of the brokerage firm.

Trading Specifications

The minimum position size at SquaredFinancial is 0.01. This nearly microscopic position size option avails flexibility in managing the trading account, allowing for risk diversification and enhanced control over trading decisions.

Spread at SquaredFinancial is low, which is a desirable quality for most traders. Lower spreads mean reduced trading costs and potentially higher earnings.

Leverage

Unfortunately, the maximum leverage is not clearly provided. However, in a majority of serious brokerage firms like SquaredFinancial, safe leverage is often practiced. It is always advisable for traders to leverage responsibly, given the high risks involved.

Regulation

SquaredFinancial operates under serious regulation, which reassures users of their legitimacy and credibility. Regulatory oversight in any brokerage promotes transparency and accountability, thus enhancing a safe and fair trading environment.

Final Verdict

In conclusion, SquaredFinancial offers an impressive trading platform, notable for its low account minimum, comprehensive educational resources, and strong regulations. Unfortunately, it does not open its doors to US Traders. It’s well worth considering for traders outside the US, especially those just starting their trading journey and looking for a platform that supports their growth.
Please note that trading involves a high level of risk, and it is possible to lose all your invested capital. Always trade with caution.