Change instrument, lot size, and hold duration. Compare Squared Financial against all 100 brokers live.
Squared Financial is a forex and CFD broker founded in 2005, headquartered in Limassol, Cyprus. It is regulated by CySEC (licence 329/17), FSA (licence SD039). The EUR/USD spread starts from 0.8 pips on an STP or hybrid account — the spread is tight and a partial commission may apply. The minimum deposit is $25. The broker offers 500+ tradable instruments. MetaTrader 4 and MetaTrader 5 are available. This page shows verified regulation data, a full trade cost breakdown, and how Squared Financial compares to 100 other brokers on real trading fees.
| Regulator | Licence number | Legal entity | Max leverage | Countries |
|---|---|---|---|---|
| CySEC Tier 2 — Standard |
329/17 |
SquaredFinancial Ltd | 30:1 | CY, DE, FR, ES, IT, NL, PL, AT, BE, PT +18 more |
| FSA Tier 3 — Offshore |
SD039 |
SquaredFinancial Ltd (SC) | 500:1 | IL, ZA, AE, SA, IN, NG, KE, EG, BR, MX +24 more |
| Hold duration | Spread cost | Commission | Swap (est.) | Total |
|---|---|---|---|---|
| Intraday (no overnight) | $8.00 | $3.50 | — | $11.50 |
| 1 night | $8.00 | $3.50 | $6.50 | $18.00 |
| 3 nights | $8.00 | $3.50 | $19.50 | $31.00 |
| 1 week | $8.00 | $3.50 | $45.50 | $57.00 |
| 1 month | $8.00 | $3.50 | $195.00 | $206.50 |
Swap rates are industry-typical estimates. Actual overnight rates vary per broker and change with interest rates. Commission is estimated from spread profile (STP / Hybrid).
| Rank | Broker | Spread | Spread $ | Commission | Swap (est.) | Total |
|---|---|---|---|---|---|---|
| 1 | Pepperstone | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 2 | IC Markets | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 3 | FP Markets | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 4 | Exness | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 5 | Tickmill | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 6 | Eightcap | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 7 | RoboForex | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 8 | LiteFinance | 0 pips | $0.00 | $7.00 | $6.50 | $13.50 |
| 80 | Squared Financial | 0.8 pips | $8.00 | $3.50 | $6.50 | $18.00 |
| MetaTrader | MT4 & MT5 available |
| Copy trading | No |
| Real stock ownership | No (CFD only) |
| Retail loss rate | 76% of retail accounts lose money |
| Headquarters | Limassol, Cyprus |
| Founded | 2005 |
Data sourced from official regulator registers (FCA, ASIC, CySEC, MAS and others), verified 2026-09-15. Spread figures are typical/minimum and may differ on live accounts. Trade cost estimates use standard lot sizes and typical industry swap rates. This page does not constitute financial advice. Read full Squared Financial review →