SquaredFinancial
Chris Cammack May 27, 2020 11:39 AM
SquaredFinancial has a large range of tradable assets, low admin fees, and an Elite account with very low trading costs. This combination will appeal to many traders, though many beginners may be put off by the high minimum deposit on the Elite account. SquaredFinancial has two trading accounts on both the MT4 and MT5 trading platforms. The SquaredPro Account is an entry-level account with no minimum deposit and trading costs included in its variable spreads, which start at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips on the EUR/USD. SquaredFinancial's commission-based Elite account has a minimum deposit requirement of 500 USD, excluding many beginner traders, but offers spreads of 0 pips on the EUR/USD in exchange for a low commission of 5 USD, making it one of the lowest-cost trading accounts in the industry. SquaredFinancial's clients are not charged for making deposits, and withdrawals only incur a fee if there has been no trading on the account. SquaredFinancial offers over 10,000 financial instruments to trade, a much broader selection of assets than is typically available at other brokers, including over 40 forex pairs, 9000 share CFDs, 250 ETFs, commodities, and cryptocurrencies. Although trading tools, market research, and education are limited, traders beginners will be able to subscribe to automated trading signals from Trading Central, a world leader in technical and fundamental analysis.