Updated May 13 2022
Overview | |
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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. |
RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2005 | 2009 |
💳 Minimum Deposit | |
250 € (SquaredPro Account), 5,000 € SquaredElite Account |
$10 |
💰 Payment Methods | |
💵 Account Base Currencies | |
5 - EUR, USD, GBP, CHF, ZAR. | 4 - USD, EUR, CNY, GOLD. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, IR, SY. | US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union. |
📊 STP Account | |
Yes | Yes |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
Yes | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
8,000 Real Stocks / 8,000 Stock CFDs | 12,000+ |
📘 Currency Pairs | |
40+ | 40+ |
📗 Commodities | |
5 | 100+ |
📕 Indices | |
15 | 50+ |
📔 ETFs | |
1,000 ETFs CFDs | 1,000+ |
💸 Cryptocurrencies | |
25+ | 16 |
📒 Bonds | |
N/A | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
16 | N/A |
📝 Notes: | |
SquaredFinancial provides real stocks along with CFDs on the most common asset classes. |
All of RoboForex’s assets are CFDs. | Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots) |
📉 Minimum ETFs Trade Size | |
1 ETF | Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots) |
📈 Minimum Crypto Trade Size | |
Varies per Cryptocurrency (Eg: 0.01 BTC) | Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots) |
📈 Minimum Commodities Trade Size | |
Varies per Commodity (Eg: 1 Gold Contract) | Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots) |
📉 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 1:2000 |
💪 Professional Leverage | |
Up to 1:500 | N/A |
✍ Customisable Leverage | |
No | Yes |
🎲 Deleveraged Trading | |
Yes | No |
🎓 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 |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
No | Yes | Fees |
💰 Inactivity Fee | |
No | No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount) |
💰 Commissions | |
Yes, depending on account type or assets. For account types:
For particular assets there are commissions on all accounts, specifically in shares as follows:
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Yes depending on account type (eg: for ECN accounts there are commissions up to $20). |
Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 1.2 Pips | Dynamic - From 0 Pips depending on account type, 1.4 Pips on Average |
📉 SP500 | |
Dynamic - From 150 Pips | Dynamic - Market Spread |
📈 GOLD | |
Dynamic - From 110 Pips | Dynamic - From 17 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $250 | Dynamic - From $220 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | No |
📡 Reuters Feed | |
No | No |