FBS Vs. SquaredFinancial - Compare Trustworthiness, Capabilities, Fees and Legitimacy

FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.

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.

• New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts
• Experienced high volume traders looking for a fixed zero spread account

• 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

• IFSC (Belize)
• CySec (Cyprus)
• ASIC (Australia)
• FSCA (South Africa)

• CySec (Cyprus)
• FSAS (Seychelles)

• Clear account offering that covers all levels of traders according to their net worth
• Proprietary copy trading service
• Access to high leverage (Up to 1:3000)

• 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

• Asset offering is extremely limited with over 100+ instruments
• Minimum deposit for ECN account is high $1,000

• Platform offering is limited to only MT4 and MT5
• High minimum deposit for SquaredElite account (5,000 €)

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• 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.

• Visa
• Mastercard
• Maestro
• Neteller
• Sticpay
• Skrill
• Perfect Money
• Bank Transfer (depending on location and entity)
• Bitcoin
• Ethereum
• USDT (Tether)

• Visa
• Mastercard
• Bank Transfer
• Neteller
• Skrill
• Instatransfer

JP, US, CA, MY, IL, IR.

US, CA, IR, SY.

FBS commissions vary per account type as follows:

• Cent account: none
• Micro account: none
• Standard account: none
• Zero spread account: From $20 per lot
• ECN account: From $6 per lot
• Crypto account: 0.05% for opening or closing positions

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 €)