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


Visit 70.8% of retail CFD accounts lose money.	Visit 69.9% of retail CFD accounts lose money.
Overview
Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.	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
European-based traders who are looking to trade forex and cryptocurrencies Traders who need to monitor their positions through mobile apps Long-term investors in equities	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 0 Other Licenses 1 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
CySec (Cyprus.	CySec (Cyprus) FSAS (Seychelles)
The Good
Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing	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
Doesn't support use of Expert Advisors (EA) Stock CFDs are limited to popular (blue chip) choices Weak regulatory framework	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
1997	2005
💳 Minimum Deposit Range
$100	250 € (SquaredPro Account), 5,000 € SquaredElite Account
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal	Visa Mastercard Bank Transfer Neteller Skrill Instatransfer
💵 Account Base Currencies
4 - EUR, GBP, PLN, CHF	5 - EUR, USD, GBP, CHF, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY.	US, CA, IR, SY.
📊 STP Account
No	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
374	17,101
Exchange Access
0	0
📙 Real Stocks
100	8,000
📙 Stock CFDs
100	8,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
52	40
📗 Commodities
0	0
📗 Commodities CFDs
17	5
📕 Indices
0	0
📕 Indices CFDs
18	15
📔 ETFs
0	0
📔 ETFs CFDs
10	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
73	25
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
4	0
📗 Futures
0	0
📗 Futures CFDs
0	16
Trading Experience
📈 Minimum Stock Trade Size
$20 minimum trade size	1 Share
📉 Minimum ETFs Trade Size
$20 minimum trade size	1 ETF
📈 Minimum Crypto Trade Size
$20 minimum trade size	Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$20 minimum trade size	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$20 minimum trade size	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
$20 minimum trade size	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
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
€10/month after 180 calendar days of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.	None
💰 Commissions
None	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
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 83 Pips	Dynamic - From 150 Pips
📈 GOLD
Dynamic - From 25 Pips	Dynamic - From 110 Pips
📉 TSLA (Stock CFD)
Dynamic - From $4	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $205	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
No	No