Valutrades
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66% of retail CFD accounts lose money.

Vs.

SquaredFinancial
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63.2% of retail CFD accounts lose money.

Valutrades Vs. SquaredFinancial - Compare and Choose the Right One

Updated May 13 2022

Visit

66% of retail CFD accounts lose money.

Visit

63.2% of retail CFD accounts lose money.

Overview

Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.

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
  • Currency traders looking for an ECN broker
  • Professional currency traders looking for an API offering
  • Traders looking for a narrow range of commodities, cryptocurrencies 
  • 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

1

Other Licenses

1

Provided by
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Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FSAS (Seychelles)
  • FCA (UK)
  • CySec (Cyprus)
  • FSAS (Seychelles)
The Good
  • Scalping is allowed (great for professional traders)
  • Competitive commissions of $3 per lot round turn
  • Access to ECN or DMA accounts 
  • 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
  • Asset offering is poor (only 80 instruments and no stocks or ETFs)
  • Doesn’t have its on trading application
  • Platform offering is limited to only MT4 and MT5
  • High minimum deposit for SquaredElite account (5,000 €)
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity documents (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
2012 2005
💳 Minimum Deposit
0

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

💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • American Express
  • AstroPay
  • Diners
  • SticPay
  • PayPal
  • Skrill
  • Neteller e-wallets
  • Wire transfers
  • Giropay
  • iDEAL
  • JCB
  • Klarna
  • POLiPaysafecard
  • Przelwy24
  • Rapid Transfer
  • AliPay
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Instatransfer
💵 Account Base Currencies
13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR 5 - EUR, USD, GBP, CHF, ZAR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, IR, SY US, CA, IR, SY.
📊 STP Account
No Yes
📊 DMA Account
Yes Yes
📊 ECN Account
Yes Yes
Assets
📚 Available Assets

CFDs on currencies, commodities, indices and cryptocurrencies

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, commodities, currencies, indices, futures, cryptocurrencies.
📙 Stocks
N/A 8,000 Real Stocks / 8,000 Stock CFDs
📘 Currency Pairs
73 40+
📗 Commodities
5 5
📕 Indices
25 15
📔 ETFs
N/A 1,000 ETFs CFDs
💸 Cryptocurrencies
4 25+
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
46 16
📝 Notes:

All of Valutrades assets are CFDs.

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

Trading Experience
📈 Minimum Stock Trade Size
N/A 1 Share
📉 Minimum ETFs Trade Size
N/A 1 ETF
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (eg: 0.01 BTC) 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
Varies per commodity (eg: 0.01 Contracts of Gold) Varies per Commodity (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A Varies per future (Eg: 1 Contract)
📉 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
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
No No
📱 Android App
No No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No No
💰 Withdrawal Fees

Three free withdrawals a month, then 5% processing fee

No
💰 Commissions

Yes (Eg: Forex commission of $3 per side with ECN account)

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 0.1 Pips Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 34 Pips Dynamic - From 150 Pips
📈 GOLD
Dynamic - From 22 Pips Dynamic - From 110 Pips
📉 TSLA (Stock CFD)
N/A Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A Dynamic - Market Spread
📉 BTC
Dynamic - From $90 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

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