SquaredFinancial regulation & licences
Licences on record 2
2 Tier 2 — strong regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
SquaredFinancial is a forex & CFD broker founded in 2005 and headquartered in Cyprus.
In our database SquaredFinancial is matched to 2 licences from CySEC and FSA (Seychelles). Its strongest licence comes from the CySEC, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.
SquaredFinancial's licences span very different levels of protection — from CySEC to FSA (Seychelles). The entity you are assigned to normally depends on your country of residence; if you live outside the jurisdictions of its stronger licences, expect to be onboarded to an offshore entity.
Depending on the entity, eligible clients may be covered by Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under CySEC rules. Retail leverage caps apply at the CySEC-regulated entities (for example 30:1 on major FX pairs at CySEC).
SquaredFinancial offers MT4 and MT5.
Regulatory strengths
- Holds tier-2 licence (CySEC)
- Operating for about 21 years
- Compensation scheme available at CySEC entity
- Negative balance protection required at some entities
Points to check
- International clients may be onboarded to offshore entities (FSA (Seychelles))
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 2 CySEC | Investor Compensation Fund (ICF) — up to €20,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman of Cyprus |
| 4 FSA (Seychelles) | No compensation scheme | No statutory cap | Not a regulatory requirement | FSA Seychelles |
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SquaredFinancial regulation FAQ
Is SquaredFinancial regulated?
Yes — in our database SquaredFinancial is matched to 2 licences: CySEC (Cyprus) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is SquaredFinancial a tier-1 regulated broker?
No. None of the licences we have matched to SquaredFinancial is from a tier-1 regulator. Its strongest licence is tier 2.
Does SquaredFinancial accept US clients?
SquaredFinancial is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so SquaredFinancial generally cannot accept US retail forex clients.
Is my money protected with SquaredFinancial?
Clients of SquaredFinancial's CySEC-regulated entity may be eligible for statutory compensation (Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
How can I verify SquaredFinancial's licence?
Find the company name and licence number in SquaredFinancial's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.