SquaredFinancial Journal

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SquaredFinancial Profile
Year
2008
Country
Cyprus
Branches
2
Regulation
CySEC Cyprus
Registration
CySEC Cyprus, FSA Seychelles
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Belarus, Cuba, Iran, Myanmar, Nigeria, North Korea, Russia, South Africa, South Sudan, Syria, US, Venezuela, Yemen
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
80 ms
LPs total
4
LPs quality
MTFs, Other
LPs names
FXCM, Invast Financial Services, LMAX, SquaredFinancial

SquaredFinancial Accounts
STP
DMA
Minimum Deposit
1 $
5000 $
Leverage
30 : 1
30 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.2 pips
0 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
100 lots
100 lots
Margin Call
50 %
50 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, China UnionPay
Base currency
EUR, USD, GBP, CHF
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
Update broker

Is SquaredFinancial safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: CySEC Cyprus
  • Registration: CySEC Cyprus, FSA Seychelles
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: yes

Is SquaredFinancial trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • SquaredFinancial website: highly detailed, updated ★★★★★
  • SquaredFinancial popularity (by visitor count): average ★★★

How SquaredFinancial works



No Dealing Desk
Direct Market Access
Exceptional Execution Speeds


It is understood that the Company does not execute the Client Orders in CFDs as a principal to principal against the Client, i.e. the Company is not itself the Execution Venue (as defined in Commission Directive 2006/73/EC implementing MiFID) for the execution of the Client Orders.

44.1. It is understood that the Company arranges for the execution of Client Orders with another entity (the Liquidity Provider) and does not execute them itself as a principal to principal against the Client. The Client is hereby informed that the Company receives monthly commissions from the Liquidity Provider calculated as a percentage of the volume of Orders sent for execution every month.

“Abusive Trading” shall mean the following actions, but not limited to, pip-hunting, scalping...

The Company may, in its sole discretion, accept the Client’s offer to place a Guaranteed Stop Order at an exact price determined by the Client.


Company’s Prices: The Company will quote to Clients the prices provided by the Execution Venue.

7.2.The Company does not execute Client Orders in Financial Instruments on an own account basis, as principal to principal against the Client. The Company uses third party Financial Institution(s) as Execution Venue.



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