Score
squaredfinancial
https://www.sqfin.com/?owa_do=base.loginForm
Website
Rating Index
Trading Env.
Trading Env.
AA
Average Execution Latency (ms)
Influence
C
Influence Index NO.1
Trading Env.
Speed:AA
Slippage:AA
Cost:AA
Disconnected:AA
Rollover:C
Influence
Influence
C
Influence Index NO.1
Contact
Forex Licenses 3
Single Core
1G
40G
1M*ADSL
- WikiFX has recorded a total of 53 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
Account Info
- Trading Env.AA
- Currency--
- Maximum Leverage1:2000
- SupportedEA
- Minimum Deposit--
- Minimum Spread--
- Depositing Method(6) Neteller MASTER VISA Skrill
- Withdrawal Method(6) VISA Neteller Skrill MASTER
- Minimum Trade Size--
- Commission--
- Trading Instruments--
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Search Sources
Target Language
Market Analysis
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Verified Site
squareddirect.com
18.185.4.219sqfinfx.com
8.222.142.8sqfin.sc
54.192.18.26portal-sq.io
43.198.253.235portal-sq.com
13.32.50.71sq-portal.io
13.32.50.32
Relationship Map
ProbusFX
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SquaredFinancial
Company Profile
Company Profile
Review summary
| SQUAREDFINANCIAL Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC, AMF, FSA, CNMV |
| Market Instruments | Forex, Metals, Indices, Energy, Stocks, Futures, Cryptocurrencies |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | Mobile App, MT4, MT5 |
| Min Deposit | $50 |
| Customer Support | 24/5 support |
| Contact form | |
| Tel: 002484671943 | |
| Enail: support@sqfin.com, complaints@sqfin.com | |
| Company Address: Commercial House 1, Office no 4, Eden Island, Mahe, Seychelles | |
| Regional Restrictions | UK, USA, Canada, Australia, New Zealand, Iran, North Korea, and Myanmar (Burma) |
Founded in 2022, SQUAREDFINANCIAL is a regulated broker registered inCyprus, offering trading in Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies with leverage up to 1:500 and spread from 0 pips through Mobile App, MT4, and MT5 platfforms. Demo accounts are available and the minimum deposit to open a live account is just $50.

Pros and Cons
| Pros | Cons |
| Regulated by CYSEC, AMF, FSA, CNMV | Not accept e-wallet payments |
| Various market offerings | No live chat support |
| Demo accounts available | Regional restrictions |
| Commission-free account offered | |
| MT4 and MT5 supported | |
| Low minimum deposit |
Is SQUAREDFINANCIAL Legit?
SquaredFinancial complies with the guidelines established by several important regulatory bodies:
Cyprus Securities and Exchange Commission (CySEC): SquaredFinancial is regulated under license number 329/17.
Autorité des Marchés Financiers (AMF): In France, SquaredFinancial operates under license number 71593.
Seychelles Financial Services Authority (FSA): For its offshore operations, SquaredFinancial is regulated under license number SD024.
Comisión Nacional del Mercado de Valores (CNMV): In Spain, the firm is regulated under license number 4421.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
![]() | Cyprus Securities and Exchange Commission (CySEC) | Regulated | Squared Financial (CY) Ltd | Market Making (MM) | 329/17 |
![]() | The Autorité des Marchés Financiers (AMF) | Regulated | Squared Financial (CY) Ltd | Retail Forex License | 71593 |
![]() | The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Squared Financial (CY) Ltd | Retail Forex License | SD024 |
![]() | Comisión Nacional del Mercado de valores (CNMV) | Regulated | Squared Financial (CY) Ltd | Retail Forex License | 4421 |




What Can I Trade on SQUAREDFINANCIAL?
SqaredFinancial offers over 10,000 financial instruments across 7 asset classes, Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies.
| Trading Asset | Available |
| forex | ✔ |
| metals | ✔ |
| indices | ✔ |
| energy | ✔ |
| stocks | ✔ |
| futures | ✔ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |

Account Type/Fees
Squared Financial offers two typesof live accounts with varying trading costs.
| Account Type | Squared Pro | Squared Elite |
| Accepted Currencies | EUR, USD, GBP, CHF | |
| Max Leverage | 1:500 | |
| Avg EUR/USD Spread | From 1.6 pips | From 0.0 pips |
| Commission | ❌ | $7 per lot |
Additionally, this platform offers Islamic (swap-free) accounts that have exactly the same trading terms and conditions as our regular trading account types.

Leverage
Squared Financial offers leverage up to 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
Squared Financial offers a variety of trading platforms including the popular MetaTrader 4 and MetaTrader 5 platforms as well as their own SquaredFinancial Mobile App.
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobile App | ✔ | Mobile | / |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
Deposit and Withdrawal
Squared Financial accepts deposits and withdrawals via Bank Transfer, Visa, MasterCard, cryptocurrencies, Insta Transfer, etc.

Company Profile
- 10-15 years
- Regulated in Cyprus
- Regulated in Australia
- Regulated in Seychelles
- Derivatives Trading License (MM)
- Inst Forex Execution (STP)
- Derivatives Trading License (EP)
- Self-developed
- Suspicious Operational Region
- High Potential Risk
- Offshore Regulation
News

Exposure SQUAREDFINANCIAL Review: Withdrawals Blocked and Platform Goes Silent , What Traders Need to Know
SQUAREDFINANCIAL faces a wave of user complaints between May and July 2026, with clients reporting locked accounts, blocked withdrawals, and silent customer support. Despite holding CySEC and ASIC licenses, the broker's WikiFX score sits at 1.65 out of 10.

Exposure squaredfinancial Review 2026: Regulation, Withdrawal Complaints, and Account Access Risks
squaredfinancial shows stronger regulatory coverage than many offshore-only brokers, with ASIC and CySEC regulation plus Seychelles FSA offshore regulation and a WikiFX Score of 7.35. The main risk is not licensing on paper, but the heavy complaint pattern involving withdrawals, profit deductions, account access problems, and slow or absent support.

Exposure squaredfinancial Review: Regulation, Complaints, and Withdrawal Risk Signals
squaredfinancial shows a mixed risk profile: WikiFX lists a 6.51 score, regulation by ASIC and CySEC, and offshore supervision by the Seychelles FSA, but also reports 51 user complaints in the last three months. The strongest concern in the available data is not the trading environment score, but repeated exposure cases involving withdrawals, profit cancellation, account access, and slow or absent support.

News SquaredFinancial Ends CySEC CIF License Operations
Cyprus broker SquaredFinancial winds down CySEC CIF license, shifting FX broker and CFDs clients amid regulatory transition.

News SquaredFinancial offers Trump & Melania meme coins
SquaredFinancial announced the addition of the new Trump and Melania meme coins to its crypto offerings. This gives investors more opportunities to access popular markets and diversify their trading options.

News SQUARED FINANCIAL: Your Friend or Foe?
Founded in 2022, SQUAREDFINANCIAL is a regulated broker registered in Cyprus, offering to trade in Forex, Metals, Indices, Energy, Stocks, Futures, and Cryptocurrencies with leverage up to 1:500 and spread from 0 pips through Mobile App, MT4, and MT5 platforms. Demo accounts are available and the minimum deposit to open a live account is just $50.
Wiki Q&A
Is squaredfinancial safe and reliable?
squaredfinancial holds regulatory licenses from the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Seychelles Financial Services Authority (FSA). However, multiple user reports indicate difficulties with withdrawals, unresponsive customer support, and platform connectivity issues. Traders are advised to exercise caution and conduct their own due diligence.
Is squaredfinancial regulated?
Yes, squaredfinancial is regulated by the Cyprus Securities and Exchange Commission (CySEC, license 329/17), the Australian Securities and Investments Commission (ASIC, license 473495), and the Seychelles Financial Services Authority (FSA, license SD024).
What is the minimum deposit of squaredfinancial?
The minimum deposit varies by account type. The SquaredPro account requires no minimum deposit, while the SquaredElite account requires a minimum of 500 USD. The Islamic account does not specify a minimum deposit.
Does squaredfinancial support MT4 or MT5?
Based on available information, squaredfinancial supports the MetaTrader 4 (MT4) platform, as indicated by user reports. Support for MT5 is not explicitly confirmed.
User Comments80

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FX3585729485
Malaysia
I withdraw my fund at 31/5/2026 and 1/6/2026 until NOW nobody reply me and block me at the same time. They call that before system is update actually they remove me in they system. And now I can't log in anymore. I hope that someone can soft my problem.
Exposure
FX4118007986
Hong Kong
It has probably run away. It also didn't reply to my emails.
Exposure
FX1289611927
Malaysia
I am exposing Squared Financial (SQ Sey Ltd / Seychelles FSA License SD024) for withholding my funds and completely cutting off my access without explanation.The Problem: I cannot log into the client portal. My MT4 trading platform shows "No Connection" / "Invalid Account". They have blocked my trading terminal entirely.No Support: I sent an official manual withdrawal request to support@sqfin.com, but they have gone completely silent. They refuse to answer emails or give me my money.Status: I have already escalated this and filed an official complaint with the Seychelles Financial Services Authority (FSA).Do not deposit any money with Squared Financial. They are blocking Southeast Asian clients from accessing their capital. I demand that their compliance team contacts me immediately to process my withdrawal manually.MT4 Account: 13****, Country: Malaysia
Exposure
woodrow
Hong Kong
I received a reply email from squaredfinancial today, and I'm really upset that the balance in my account is gone. If this is the case, I urge everyone to stop using offshore forex platforms. To anyone reading this, regardless of the platform, if you're transferring money to a personal account and have an offshore account, withdraw your funds immediately and stop trading. Don't even think about making money here. These platforms will never let you profit. They're all gambling platforms. Your profits are the platform's losses. They don't even have the logic of accepting the consequences of your bet. You'd be better off going to a legal casino, where if you win, they'll respectfully give you your money. These forex platforms are truly ruthless.
Exposure
Kevin74236
Hong Kong
Squaredfinancial, after deducting 1702 from my MT4 account, is not issuing withdrawals, not replying to emails, and I cannot contact customer service.
Exposure
sxy
Hong Kong
The platform stopped trading, withdrawals are impossible, emails are unanswered, and everything has simply disappeared.
Exposure
woodrow
Hong Kong
There are no withdrawal records, customer service is gone, emails are not being replied to, and the market has not been open for two consecutive days. Are they going to run away with the money?
Exposure
FX8565746852
Hong Kong
The market has been completely still all day. I submitted a withdrawal request of 1879, but haven't received a reply. I'm so anxious because I don't know if they've run away with my money.
Exposure
杨氏权威66678
Hong Kong
There's no customer service, I haven't been able to withdraw any funds, and all my records are gone.
Exposure
Hong Kong
The platform has not allowed withdrawals since last Thursday. There has been no response. The platform told me to contact the customer service, but refreshing the page didn't bring up any support. My withdrawal hasn't arrived, and the platform doesn't make any further response.
Exposure
FX1968314583
Hong Kong
My friends have been stuck withdrawing funds for half a month now, since May Day, and their accounts haven't even traded! Another friend who made money is also stuck for a month! I lost over three thousand US dollars on my own account! I heard they don't allow withdrawals, so I applied for one, but they still won't let me withdraw even after I've lost money! When I contacted customer service, they just said it's under review! Never deposit money into this platform! Once you deposit, it's gone, and you can't get it back!
Exposure
civic
Malaysia
For example, if you have a $3,000 investment that has yielded a profit of over $20,000 in a year, and you made several withdrawals of $1,350 each, but your last withdrawal of $2,000 was rejected, and you then contacted the platform's customer service to request a refund of your principal and forgo the profits, your application for $1,650 was immediately approved and the funds arrived within minutes.
Exposure
woodrow
Hong Kong
My withdrawal request keeps showing "pending review." Customer service initially said 1 to 3 days, then 1 to 5 days, and finally told me to wait patiently.
Exposure
A..................
Hong Kong
What a terrible platform! They don't process withdrawals and the account managers don't reply to messages.
Exposure
Ha Hi
Vietnam
I have deposited and traded up to 3000 and placed a withdrawal order, but the exchange refused and deleted my account
Exposure
kim Tuấn4929
Vietnam
Scam platform, arbitrarily taking profits and deleting accounts immediately without reason. Everyone should avoid this platform; you won't be able to withdraw your profits.
Exposure
FX2359644193
Vietnam
I cannot withdraw money from my account. There is no evidence to cancel all profits.
Exposure
غاني
Qatar
This is the only place where I benefit from serious market insights, because they rarely make mistakes in predictions. By reading their articles with detailed explanations, I always know what I should do to prepare for the worst. However, absorbing all this information through reading texts is a tedious process, and perhaps it would have been better to explain everything through videos.
Neutral
S_Hassen
Saudi Arabia
This is exactly what i do on this platform. The academy is great, like their ebooks and vidoe tutorials. Cover the basics and a bit more. Also there is no min depo requirement on the pro account, you can deposit whatever you feel comfortable with, even if you want only $10 it can work
Positive
AbdullahAl-Fahad
United Arab Emirates
I started with a demo account as a complete beginner. Here's what caught my attention: There's no minimum deposit requirement for the SquaredPro account, which made it easy to start. The MT4 platform took some time to get used to, but it works well. The copy trading feature is useful for learning from others. Customer support patiently answered my basic questions. The educational materials could be better for me. Overall, a good option to start with although I'm still learning the basics.
Positive
GuillemValdivia
Mexico
There were two options: elite and pro accounts. I chose the latter one because it has no minimum deposit requirements. I started from $100 and so far so good. No frills fr!
Positive
Siraajel-Hanif
Saudi Arabia
Trading here seems fair... SquaredPro includes: - Low spreads - No minimum deposit - No additional trading fees - No deposit/withdrawal fees
Positive
夜夜谈
Hong Kong
The platform prevents withdrawals under various pretexts when there are profits, demanding payment of various fees. It's a dishonest platform.
Exposure