Plus500 vs SquaredFinancial: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributePlus500SquaredFinancial
Licence Score92Very strong49Moderate
Strongest licence 1 Tier 1 2 Tier 2
Licences on record102
1 FCA United Kingdom Licensed · FRN 509909—
1 ASIC Australia Licensed—
1 CFTC / NFA United States Licensed—
1 MAS Singapore Licensed—
2 CySEC Cyprus LicensedLicensed
2 FSCA South Africa Licensed—
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand Licensed—
2 EFSA Estonia Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20082005
HeadquartersIsraelCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedLSE:PLUSNo
PlatformsProprietaryMT4, MT5
Minimum depositUS$100—
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Frequently asked questions

Is Plus500 or SquaredFinancial better regulated?

Plus500 has the higher Licence Score (92 vs 49), based on the number and tier of licences, operating history and public listing.

Which regulators license both Plus500 and SquaredFinancial?

Both are matched to licences from CySEC and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.