About broker Squared Financial
SquaredDirect was the previous name for a financial firm called SquaredFinancial. SquaredDirect’s parent company, ProbusFX, is a Cyprus-based financial investment enterprise that provides trading solutions with the best client service and education. SquareDirect is a professional currency, precious metals, energy CFDs, and indices broker.
SquaredFinancial is a well-known broker that provides cutting-edge technology, an advanced trading interface, a wide range of pricing models, and low spreads. Customer service and training are excellent.
There is no 24-hour customer care, and the broker’s name has changed multiple times, which is highly suspicious.
SquaredDirect unquestionably provides expert assistance as well as exceptional security for every investment through secure money handling methods, as customer regulatory requirements place a premium on customer safety and fair treatment.
This is monetary segregation, which implies the company is not allowed to handle the money of its customers. Negative balance protection, which protects trading accounts from losses that exceed their initial balance, has also been requested by the broker.
Broker SquaredDirect discovered conditions that were recently deemed safe by an ESMA judgment in order to meet with regulatory limits and launch an approved transaction.
Retail Forex accounts can utilize a maximum leverage of 1:30 or even lower when compared to other assets, according to the European CySEC; however, professional traders can use higher leverage.
There are a variety of accounts to choose from.
Classic, standard, and premium accounts are available from SquaredFinancials.
Traders can open a risk-free demo account before transferring their trial account to a genuine account. SquaredDirect accepts Muslim merchants and offers a variety of swap-free accounts.
Withdrawals and deposits
SquaredDirect users can make quick and easy payments and withdrawals using the secure and simple client office.
The most common credit cards, bank transfers, and electronic payments are all accepted as deposit methods, with a 0% deposit or withdrawal fee as an extra incentive.
To open a normal SquaredFinancial account, which is aimed at beginning traders, a $200 minimum deposit is required.
SquaredDirect offers MetaTrader4, the most popular trading platform on the market. Millions of traders use the software because of its user-friendly interface and excellent charts, as well as the flexibility to customize layouts and templates to fit your personal style and work environment.
On the site, you’ll find all of SquaredDirect’s trading instruments, as well as historical data testing and analysis tools.
MT4 is also known for its numerous automated features, such as the ability to use existing Expert Advisors or construct your own with MQL4. Without the need for regular in-person monitoring, trading signals from the MetaTrader signals service can assist and keep clients informed.
According to SquaredFinancial’s research, the tightly regulated Cypriot firm acts as a middleman between traders and liquidity suppliers. Overall, the company’s offer appears appealing, as traders have not only direct access to global trading markets, but also the ability to learn and improve their trading skills through professional training and proven trading strategies. The broker’s trade name, on the other hand, is always changing, which is a drawback.