Are you looking to create a diversified trading portfolio? You need to choose a trustworthy and reliable online broker to help you in accomplishing this goal. You cannot go with any random platform because it might not be able to cater to your needs. It might save time initially, but it could lead to problems down the road and you will not be able to achieve your goals. Why take the risk? It is best to go with a well-known and reputable broker and this SquaredFinancial review will shed light on one option you can check out.
Established in 2005, SquaredFinancial was previously known as SquareDirect and lately, it is also being referred to as ProbusFX. With its headquarters in Cyprus, it is a forex and CFDs broker that has been operating in the trading industry for more than a decade. Consequently, it has managed to develop a strong reputation over the years because of its technology-driven approach. But, can it cater to your needs? You can go through this Squared Financial review to find out.
Regulation and security
These days, every trader’s priority is to look for a platform that prioritizes their safety and security. Cybercriminals have pervaded the online trading industry, so it definitely pays to be careful. How can you do that? The easiest way to do this is by opting for a regulated and secure brokerage and the SquaredFinancial broker is able to meet this requirement quite easily. This is due to the fact that it is regulated and has implemented top-notch security measures to create a safe trading environment.
As it is based in Cyprus, the SquaredFinancial broker has obtained a license from the Cyprus Securities and Exchange Commission (CySEC). It is one of the top-tier regulatory bodies in the world, which makes it a great advantage. Being regulated by CySEC means that the broker offers negative balance protection, is transparent about its policies, and also keeps client funds in segregated accounts. In addition, it is also automatically a member of the Investor Compensation Fund (ICF), which means that traders will receive compensation in the event of bankruptcy.
The CySEC regulation also allows SquaredFinancial to offer its services in the entire European Economic Area (EEA). Moreover, it is also regulated offshores by the Financial Services Authority (FSA) in Seychelles.
Range of assets
When you are looking for an online broker that you can trust and can cater to your needs, you should take a look at the range of assets it offers. A reliable platform will have a good combination of assets that can let you diversify your portfolio and do it without worrying about safety all the time. The SquaredFinancial trading platform offers you a range of assets that can certainly do so. There are more than 10,000 assets that can be traded via a single account on the platform.
When you decide to open an account on the SquaredFinancial trading platform, you will have access to forex currency pairs and CFDs on metals, futures, indices, energies, stocks as well as cryptocurrencies. This extensive list of options can more than live up to your requirements.
How can you trust a broker when it does not offer you good software for trading? You obviously cannot do that, but the good news is that the SquaredFinancial trading platform offerings include some of the best solutions in the market. The broker offers you both, the MT4 and the MT5, which are award-winning and advanced trading platforms.
They are compatible with all devices, whether you use your laptop, tablet, or mobile and SquareFinancial has ensured that you can take advantage of the powerful technical and analytical tools, along with other additional features, for a good trading experience.
You will have access to comprehensive customer care when you sign up with the SquaredFinancial broker. The support is available 24/5 and in multiple languages via live chat, email, phone as well as Facebook Messenger.
Is SquaredFinancial a scam or genuine?
There should be no doubts about the SquaredFinancial scam because it has been operating for over 15 years with a spotless record, something only a genuine broker can accomplish.
If you are looking for a trustworthy and reliable online broker, this SquaredFinancial review shows you have found one and it can cater to your needs easily.
Here you can go through our detailed SquaredFinancial review and learn whether or not SquaredFinancial is a legitimate or scam broker for online trading. Moreover, our sqfin.com review will also help you learn what you can expect from the SquaredFinancial broker if you decide to sign up.