SquaredFinancial Vs. Plus500 - Compare and Choose the Right One


Visit 63.2% of retail CFD accounts lose money.	Visit 72% 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.	Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options
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	Intermediate traders looking to trade short term Experienced traders looking to speculate using CFDs based on options
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 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FSAS (Seychelles)	CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)
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	CFDs on american options offered Low minimum trade sizes Propietary platform with multi-charting tools
The Bad
Platform offering is limited to only MT4 and MT5 High minimum deposit for SquaredElite account (5,000 €)	No ability to remove leverage All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
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	2008
💳 Minimum Deposit
250 € (SquaredPro Account), 5,000 € SquaredElite Account	$, €, £ - 100
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Instatransfer	Visa Mastercard Bank Transfer Paypal Skrill
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, ZAR.	16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IR, SY.	US, CA, CU, SY, IR.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
Real stocks and ETFs CFDs on stocks, ETFs, commodities, currencies, indices, futures, cryptocurrencies.	CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and options.
📙 Stocks
8,000 Real Stocks / 8,000 Stock CFDs	2,000+
📘 Currency Pairs
40+	70
📗 Commodities
5	25
📕 Indices
15	26
📔 ETFs
1,000 ETFs CFDs	95
💸 Cryptocurrencies
25+	14
📒 Bonds
N/A	N/A
📓 Options
N/A	Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.
📗 Futures
16	N/A
📝 Notes:
SquaredFinancial provides real stocks along with CFDs on the most common asset classes.	All of Plus500's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Varies by Stock (Eg: 0.05 units of Tesla)
📉 Minimum ETFs Trade Size
1 ETF	Varies by ETF (Eg: 0.5 units of XLK)
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	Varies by Crypto (Eg: 0.001 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000
📈 Minimum Commodities Trade Size
Varies per Commodity (Eg: 1 Gold Contract)	Varies by Commoditty (Eg: 0.2 Troy ounces 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	Varies by Option (Eg: 5 contracts of Tesla Calls)
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:300
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	Yes, $10 every 3 months
💰 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 €)	No
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 150 Pips	Dynamic - From 70 Pips
📈 GOLD
Dynamic - From 110 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $5.2
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From 7 Pips
📉 BTC
Dynamic - From $250	Dynamic - From $136
Research and Analysis
⭐ Watchlists
Yes	No, only allows setting an individual favourites list
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No