Admiral Markets Vs. SquaredFinancial - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 81% of retail CFD accounts lose money.	Visit 69.9% of retail CFD accounts lose money.
Overview
Admiral Markets (now Admirals) is a global broker headquartered in Estonia with a comprehensive asset offering (5000+) in CFDs and real stocks or ETFs along with MetaTrader 4 & 5.	SquaredFinancial is a global brokerage firm founded in 2005 and headquartered in Cyprus that specialises in providing real stocks along with CFDs on all major asset classes paired with MT4 & MT5 platforms.
Best For
Beginners looking to get started investing in stocks or ETFs Intermediate and advanced traders looking to trade CFDs Professional traders and asset managers	Professional high volume traders looking to exploit their competitive commissions in shares High volume FX traders looking to open a SquaredElite account with spreads from 0 Pips
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FCA (United Kingdom) JSC (Jordan)	CySec (Cyprus) FSAS (Seychelles)
The Good
Broad offering of 5000+ assets including CFDs, real stocks and ETFs MetaTrader 4 & 5 along their propietary trading app Tools for professionals and asset managers	Extensive asset offering (more than 10,000+ products) Real stocks are offered along with CFDs Very competitive share trading commissions when compared to similar brokers
The Bad
Costly spreads in some of their assets when compared to similar competitors No propietary web trading platform	Platform offering is limited to only MT4 and MT5 High minimum deposit for SquaredElite account (5,000 €)
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2001	2005
💳 Minimum Deposit Range
$100	250 € (SquaredPro Account), 5,000 € SquaredElite Account
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Bank Transfer Neteller Skrill Instatransfer
💵 Account Base Currencies
10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON.	5 - EUR, USD, GBP, CHF, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA.	US, CA, IR, SY.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
Yes	No
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
4,559	17,101
Exchange Access
1	0
📙 Real Stocks
0	8,000
📙 Stock CFDs
3,254	8,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	40
📗 Commodities
0	0
📗 Commodities CFDs
28	5
📕 Indices
0	0
📕 Indices CFDs
43	15
📔 ETFs
778	0
📔 ETFs CFDs
372	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
42	25
📒 Bonds
0	0
📒 Bonds CFDs
2	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	16
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
Varies by cryptocurrency (Eg: 0.01 BTC)	Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold)	Varies per Commodity (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Varies per future (Eg: 1 Contract)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
$10 monthly after 24 months of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Depending on account type (eg: Zero MT4 or 5 accounts have a $3 per lot round turn commission, ASX shares have a 0.15% fee, etc)	Yes, depending on account type or assets. For account types: SquaredPro account has no default commissions SquaredElite account has a commission of $5 per lot For particular assets there are commissions on all accounts, specifically in shares as follows: USA shares have a $0.06 per share commission (with a minimum of $2) European shares have a 0.15% commission of the transaction value (with a minimum of 5 €)
Spreads
📈 EUR/USD
From 0.8 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
From 50 Pips	Dynamic - From 150 Pips
📈 GOLD
Dynamic - From 20 Pips	Dynamic - From 110 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From 2 Pips	Dynamic - Market Spread
📉 BTC
Variable - From $208	Dynamic - From $250
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
Yes	No