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


Visit 74-89% of retail CFD accounts lose money.	Visit 69.9% of retail CFD accounts lose money.
Overview
Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.	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
Traditional equity investors looking for a broad range of markets Experienced traders looking to benefit from their amazing research tools	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 4 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
FCA (UK) ADGM (United Arab Emirates) FINMA (Switzerland) MFSA (Malta) HKMA (Hong Kong)	CySec (Cyprus) FSAS (Seychelles)
The Good
Outstanding asset offering with more than 60 exchanges across the world Amazing research and analysis tools for all trader levels Thematic investments with preconfigured product baskets Offers banking services along with debit card	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
Their proprietary platform lacks many features and is not user friendly Their commissions are extremely high Overall everything feels complicated to use	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
1996	2005
💳 Minimum Deposit Range
0	250 € (SquaredPro Account), 5,000 € SquaredElite Account
💰 Payment Methods
Visa Mastercard Bank Transfer	Visa Mastercard Bank Transfer Neteller Skrill Instatransfer
💵 Account Base Currencies
21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR.	5 - EUR, USD, GBP, CHF, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, SY, IR.	US, CA, IR, SY.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	Yes
Banking License
Yes	No
Debit Card
Yes	No
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
175,533	17,101
Exchange Access
60	0
📙 Real Stocks
100,000	8,000
📙 Stock CFDs
0	8,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	40
📗 Commodities
0	0
📗 Commodities CFDs
12	5
📕 Indices
0	0
📕 Indices CFDs
26	15
📔 ETFs
1,400	0
📔 ETFs CFDs
0	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
12	25
📒 Bonds
54,000	0
📒 Bonds CFDs
3	0
📓 Options
10,000	0
📓 Options CFDs
0	0
📗 Futures
10,000	0
📗 Futures CFDs
0	16
Trading Experience
📈 Minimum Stock Trade Size
From $50	1 Share
📉 Minimum ETFs Trade Size
From $50	1 ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
From $50	Varies per Commodity (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
From $50	Unavailable
📈 Minimum Futures Trade Size
From $50	Varies per future (Eg: 1 Contract)
📉 Minimum Options Trade Size
From $50	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
Yes	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
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
$10 per withdrawal.	None
💰 Commissions
For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.	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 1.3 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 150 Pips
📈 GOLD
Unavailable	Dynamic - From 110 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Unavailable	Dynamic - From $250
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
Yes	No
📡 Account Management
No	Yes
📡 Webinars
No	No