Squared Financial

Admin July 14, 2024

Summary

SquaredFinancial is a multi-asset online CFD broker offering traders out-of-the-box MT4 and MT5 trading platforms, dynamic leverage, and one of the best cost structures in the industry through its commission-based account. I reviewed this broker to determine if the advertised execution speed delivers demanding traders the edge they require

Regulated

Meta Trading Softwares Used

MetaTrader 4, MetaTrader 5

Overall Rating

3.6/5

Reviews

Godwin Utum
4/5

Squared financial is a wonderful trading arena and also a place where all the basis of trading analysis is discuss.

Sally Makhlouf
4/5

I would honestly express my gratitude and my pleasure to work with this company and its people. Very genuine and humble staff. Always ready to assist you at anytime, especially my account manager Charbel El khoury, one of the best ! I encourage all people to embark their journey with Squared Financial and enjoy this experience !

Mohabbatali
2.4/5

My collaboration with Squared Financial was not profitable. I deposited $1000 into the account and traded with leverage of 1:30. However, even with minimal trades and such leverage, the risks of losses are very high due to constant slippages and price gaps in the Squared Financial terminal. This leads to significant losses. The customer support insists that such issues exist with all brokers, but I am currently trading with another brokerage, and everything is completely different there.

Dayudi
2.7/5

I didn't find anything interesting with Squared Financial. My assessment of this company is poor. Despite the website claiming to offer an excellent selection of trading assets, in reality, a wide range of assets is only available to traders with an account balance of at least $10,000. Other favorable conditions are also tailored for traders with significant capital. For those trading on a classic account, Squared Financial provides high spreads, significant slippage, and rudeness from customer support.

Nigel S
1/5

Whilst I haven't set up an account with this firm the fact they are promoting themselves in countries like the UAE, where they aren't regulated, is a big red flag Just because they are regulated in Seychelles means nothing if they attract clients from countries where they aren't regulated NB when you click on their website from the UAE it states that they cannot handle clients from this territory but asks if you wouldl like to visit their business regulated by the FSA, which is their business in the Seychelles You have been warned!

M.Rohaan Suhail
1.2/5

Don't trust on Squared Financial!!! This company is playing scam on bonus promotions, specially Mr. Mobeen, who is the representative of this company, Always misguide clients and when it comes to withdraw our profit or deposit he always start making excuses. And makes miss commitment to their clients. Please don't waste your money and time with this broker.

Juan Ber.
1.4/5

After 8 months of trading they deleted my profits arguing abusive trading which is not correct that I explained in an email. Why they wait 8 months to say they dont like my trading style? what would have happened if I lost? Would they have reimbursed me the loses? I contacted the CEO Philippe Ghanem and Compliance and both have not answered my questions. Complaince answers are just cutting and pasting the T&C in their replies that by the way are totally abusive on their side. Also the regulation in Seychelles is not a protecion for clients. This broker is another market maker trying to deal with bad traders so they can make money as they are the counterparty of your trades. I would recommend other brokers instead of Squared that honour your profits even if their regulation is not the best as FCA.

Kayode
4/5

They are good and helpful in Forex trading...Please join them and thank me later

Isas Saiful
1/5

this broker is totally scam and when you ll deposit fund they ll add automatically bonus to your account and then they ll remove your deposit money and profit both because these people are totally scam. after that removing fund they ll never answer you not on call not on email and not on live chat. beaware of this broker and stop working with this broker. mt4 acc: 125727

Muhammad Usman
1/5

I have affiliate in squared financial and I transferred my commission into my mt5 no 538969 and start trading . After sometime I request withdrawal some amount (1647$)they closed my trading account and terminate my affiliate . My account manager sent me messages that if my clients lost there money then they will pay my withdrawal. I request all traders and affiliates don’t open account this scam and fraud broker. I have all my proof with me. I have total withdrawal 7700 $ And my mt5 account withdrawal 3904$and 1647$.

Austin Godsborn
3.7/5

Squared Financial (Nig), are really demystifying the mystery in forex trading. The way Mr TJ teaches is exceptional, especially with his patience in class.

Muhammad Sheraz
1/5

Hello Everyone, Scam Alert Squared Financial is a new Scammer broker in the market they are holding withdrawal of many traders as you can see in the screenshot below. So please Be aware everyone don't deposit with this Scammer broker.

Kristian Dresdner
4/5

You can't underestimate how important security is when speaking of online trading. I am a very Anxious person about data and date and privacy protection, but still, I really wanted to trade commodities, and I heard lots of good things about this broker. In any case, someone tried to withdraw my funds, and the staff of Squared financial was on it in no time. Not a Penny was taken from my account.

Muhammad Iqbal
4/5

Best service, quick response, smooth withdrawal, easy to use, professional team Wish you have Good Luck Squared Financial & Team.

Fraz Wazir
1.3/5

my friend introduced me this broker because one of squared manager was his friend, so i join this broker and just to check this broker i deposit 1000$ and they add bonus automatically to my account, never asked for bonus but they add automatically. because here is where scam is start. the most easy way to eat fund from client's account. just add bonus to client's account and if client is winning trade then just remove there all the profit and give them a reason that they are abusing so we have removed the fund. lol simple way of scam. my email: frazwazirfxOgmailcom scammer manager email: mkrafiqOsqfincom I have submitted request many times but i havn't received even a single reply from manager or from support team. totally scam broker with fake reviews. please avoid this broker, if they will resolve my issue then i ll update my review and i ll let people know. i want to remove misunderstanding but they are not answering me, in more than 3 months they never answered me, i am asking for proof but they are not answering me, i am submitting tickets again and again but they are closing my tickets without answering me.

Harold Kekana
1/5

I signed up with the intention of receiving the $30 no deposit bonus. I opened an account with them on 11th October and uploaded all documents required for verification. They verified my account on the 25th and gave me excuses "high number of requests", I never got the bonus. I wrote to the support without any response even today(01 November 2022). I wouldn't recommend it, they don't give out the $30 no deposit bonus as they claim.

Mr Magallanez
3.7/5

I trade on the Squarer account here. I had two reasons to choose exactly this account. First, it’s possible to trade without commission on this account and it’s very important for me. Secondly, there’s an affordable minimum depo here. The trading process doesn’t raise concerns.

Mujtaba Rehman
1/5

Squared financial name cheater and scammer. Don,t believe this company. Save your money from this broker. Please don't believe this company.

Malik Talha
1.2/5

Unacceptable Experience - Withdrawal Issues I am extremely disappointed with squared Financial as they have failed to process my withdrawal request in a timely manner. Despite numerous attempts and follow-ups, I have not yet to receive my funds. The lack of communication and unhelpful customer support has only added to my frustration. I strongly advise against using this broker until they resolve their withdrawals issue

Umar Hayat
1/5

This broker is scam to be honest Mr mobeen who work in this company who always guide wrong and always gave wrong commitment to company clients and this company not give to your withdrawal if you generate profit in your trade that's y please be aware with Mr mobeen and this broker scam