SquaredFinancial
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63.2% of retail CFD accounts lose money.

Vs.

Admiral Markets
Visit

75% of retail CFD accounts lose money.

SquaredFinancial Vs. Admiral Markets - Compare and Choose the Right One

Updated May 13 2022

Visit

63.2% of retail CFD accounts lose money.

Visit

75% of retail CFD accounts lose money.

Overview

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.

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.

Best For
  • 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
  • Beginners looking to get started investing in stocks or ETFs
  • Intermediate and advanced traders looking to trade CFDs
  • Professional traders and asset managers 
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • ASIC (Australia)
  • CySec (Cyprus)
  • FCA (United Kingdom)
  • JSC (Jordan)
The Good
  • 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
  • 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
The Bad
  • Platform offering is limited to only MT4 and MT5
  • High minimum deposit for SquaredElite account (5,000 €)
  • Costly spreads in some of their assets when compared to similar competitors
  • No propietary web trading platform 
Status
Operational Operational
Recent News
N/A N/A
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
2005 2001
💳 Minimum Deposit

250 € (SquaredPro Account), 5,000 € SquaredElite Account

€, £, $ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Instatransfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, ZAR. 10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, IR, SY. US, CA.
📊 STP Account
Yes Yes
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, commodities, currencies, indices, futures, cryptocurrencies.
  • Real stocks and ETFs
  • CFDs on stocks, commodities, currencies, cryptocurrencies, indices and ETFs.
📙 Stocks
8,000 Real Stocks / 8,000 Stock CFDs 778 Real Stocks / 3,254 CFDs
📘 Currency Pairs
40+ 40
📗 Commodities
5 28
📕 Indices
15 43
📔 ETFs
1,000 ETFs CFDs 372 ETFs CFDs / 192 Real ETFs
💸 Cryptocurrencies
25+ 42
📒 Bonds
N/A 2
📓 Options
N/A N/A
📗 Futures
16 N/A
📝 Notes:

SquaredFinancial provides real stocks along with CFDs on the most common asset classes.

Admiral Markets provides the option to trade either CFDs or real stocks and ETFs with their direct market access offering.

Trading Experience
📈 Minimum Stock Trade Size
1 Share Varies by share (Fractional share trading)
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC) Varies by cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per Commodity (Eg: 1 Gold Contract) Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
Varies per future (Eg: 1 Contract) N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No Yes (Only on mobile)
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
No $10 monthly after 24 months of inactivity
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

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 €)

Yes 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)

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips From 0.8 Pips
📉 SP500
Dynamic - From 150 Pips From 50 Pips
📈 GOLD
Dynamic - From 110 Pips Dynamic - From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $1.45
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From 2 Pips
📉 BTC
Dynamic - From $250 Variable - From $208
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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