SquaredDirect
SquaredDirect Broker Overview
Here is every key fact about SquaredDirect in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | SquaredDirect |
|---|---|
| Broker name | SquaredDirect |
| Foundation year | 2018 |
| Headquarters | Kedrou 9, Mesa Geitonia, 4004, Limassol, Cyprus |
| Country | Cyprus |
| Telephone | +357 25260333 |
| Email / Skype | support@squareddirect.com |
| Regulated by | Regulated by CySEC under license No. 329/17 |
| Type of broker | STP/ECN |
| Min. deposit | $200 |
| Max leverage | 1:300 |
| Min. spreads | 0.0 Pips |
| Funding methods | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc. |
| Withdrawal methods | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc. |
| Base currencies | USD, EUR |
| Languages | English |
| Trading platforms | MetaTrader 4, MetaTrader 5, WebTrader, Mobile Trading |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✗ No |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4 and MetaTrader 5, spreads from 0.0 Pips, leverage up to 1:300 and a $200 minimum deposit. New clients can also check the current Yes.
Is SquaredDirect Safe? Regulation and Company Details
SquaredDirect is a regulated broker. Regulated by CySEC under license No. 329/17. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Regulated by CySEC under license No. 329/17
Head office
Kedrou 9, Mesa Geitonia, 4004, Limassol, Cyprus (Cyprus)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2018. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:300.
SquaredDirect Trading Conditions
Spreads and commissions
SquaredDirect spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:300, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4
Desktop platform
MetaTrader 5
Desktop platform
WebTrader
Web platform
Mobile Trading
Mobile platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This SquaredDirect review covers regulation, fees, platforms and bonuses.
Official website: SquaredDirect
SquaredDirect Account Types
SquaredDirect offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $200 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, EUR. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at SquaredDirect
SquaredDirect supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
SquaredDirect Bonus and Promotions
Bonuses are a big reason traders search for SquaredDirect. Availability depends on your country and the account type.
- Yes — the current promotion for SquaredDirect clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official SquaredDirect website before accepting any offer.
SquaredDirect Pros and Cons
Pros
- Regulated by CySEC under license No. 329/17
- Yes
- Low $200 minimum deposit
- Spreads from 0.0 Pips, STP/ECN execution
- MetaTrader 4 and MetaTrader 5 and more platforms
- Hedging and scalping allowed
- Islamic, mini and VIP accounts
Cons
- No managed accounts
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a SquaredDirect Account
- RegisterFill in your name, email, country and phone number on the SquaredDirect sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4 / MT5).
- Fund and tradeDeposit from $200 with your preferred method, claim any eligible bonus, then log in and start trading.
About SquaredDirect
SquaredDirect Overview
SquaredDirect is a forex and CFD broker that operates on an STP/ECN execution model. It was established in 2018 and is based in Cyprus, with its head office at Kedrou 9, Mesa Geitonia, 4004, Limassol. The broker targets retail traders who want direct market access, a range of account types and well-known trading platforms.
STP (straight-through processing) and ECN (electronic communication network) models generally pass client orders to liquidity providers rather than taking the opposite side of trades in-house. In practice, this means spreads can vary with market conditions, and execution quality depends on the liquidity available at the time. SquaredDirect advertises minimum spreads from 0.0 pips, but the spreads you actually pay will depend on the instrument, the account type and market volatility.
Whether SquaredDirect suits you depends on your experience, your strategy and how much risk you are prepared to take. The sections below cover the key areas to check before opening an account.
Regulation and Safety
Regulation is the first thing to check with any broker. SquaredDirect is regulated by CySEC (the Cyprus Securities and Exchange Commission) under license No. 329/17. You can verify the licence status yourself on the CySEC public register, which is the most reliable way to confirm that the broker and its entity are authorised.
SquaredDirect also states that it offers segregated client funds. In general terms, segregation means client money is kept separate from the company's own operating funds. This does not guarantee that you will never lose money, but it is an important safeguard in case of financial difficulty. Ask the broker for the exact details of how client funds are held and which entity you would contract with before depositing.
Regulation does not remove market risk. Trading forex and CFDs on leverage carries a high risk of losing money, and you should only trade with funds you can afford to lose.
Account Types
SquaredDirect offers several account types designed for different levels of experience and capital:
- Standard accounts for most retail traders, with the core trading conditions described on the website.
- Mini accounts for traders who want to start with smaller position sizes while learning the markets.
- VIP accounts for more active or higher-volume clients. Check the official website for the eligibility criteria and any extra benefits.
- Islamic accounts, which are swap-free accounts designed to follow Sharia principles, where overnight financing charges are not applied.
- Swap-free accounts, which remove overnight swap charges and may suit traders who hold positions for longer periods and want to avoid rollover costs.
Base currencies for accounts are USD and EUR. If you prefer to fund your account in another currency, check with the broker which options are available. SquaredDirect does not offer managed accounts, so you will need to make your own trading decisions.
Before choosing an account type, compare the full conditions on the official website, including any commissions, minimum deposit requirements and how each account is priced.
Trading Platforms
SquaredDirect gives clients access to four trading options:
- MetaTrader 4 (MT4), a long-established platform with a wide range of community indicators and Expert Advisors (EAs).
- MetaTrader 5 (MT5), the newer MetaTrader platform with additional order types, timeframes and tools.
- WebTrader, which runs in the web browser so you can trade without installing software.
- Mobile Trading, which allows you to monitor and manage positions from a smartphone or tablet.
Both web and mobile trading are available, so you can keep track of the market from almost anywhere. If you already use MetaTrader, the transition to SquaredDirect should be straightforward. Beginners may find WebTrader or the mobile app easier to start with, as they require no installation.
The broker also allows hedging and scalping, and it permits news trading. These rules matter for certain strategies, so make sure your approach fits the broker's policies and the bonus conditions you accept, as some promotions carry restrictions on specific trading styles.
Spreads, Fees and Leverage
SquaredDirect advertises spreads from 0.0 pips. A zero-pip spread is attractive, but it is a minimum rather than a fixed cost. Spreads typically widen during high-impact news releases, low-liquidity sessions and periods of market stress. Compare the typical spreads and any commission on the account you intend to use, rather than relying on the headline figure alone.
Maximum leverage is up to 1:300. Leverage allows you to control a larger position with a smaller amount of capital, but it also magnifies losses as well as gains. A small adverse price move can wipe out your balance quickly at high leverage. The leverage you actually receive may be lower depending on your country of residence and the account type, so check the conditions that apply to you.
The minimum deposit is 200. Check the official website to confirm the currency and any additional requirements for your account type.
Trading forex and CFDs on leverage carries a high risk of losing money. Using lower leverage and proper position sizing can help you manage that risk.
Deposits and Withdrawals
SquaredDirect accepts deposits by Credit/Debit Card, Neteller, Skrill, WebMoney and Bank Wire Transfer, among other methods listed on its website. Withdrawals are offered through the same methods: Credit/Debit Card, Neteller, Skrill, WebMoney and Bank Wire Transfer, among others.
Before you deposit, confirm which methods are available in your country, what fees apply and how long withdrawals usually take. Processing times, limits and charges can differ by method, and some payment providers apply their own fees. Many brokers also require identity verification before the first withdrawal, so having your documents ready can speed things up.
Bonuses and Promotions
SquaredDirect offers a welcome bonus and other promotions. It does not currently offer a no-deposit bonus, so you will need to fund your account to access bonus offers.
Bonuses can be useful, but they come with conditions that are easy to overlook. Typical terms include trading volume requirements, withdrawal restrictions until conditions are met, time limits and rules on eligible accounts or strategies. Bonus terms can change, so read the full conditions on the official website before you deposit. If something is unclear, ask the support team to explain it in writing.
Do not let a bonus drive your trading decisions. Trading a larger account than you would otherwise choose increases your exposure to risk.
Customer Support
The SquaredDirect website is available in English. Information on support channels, opening hours and response times is not covered in this review, so check the contact section of the official website for the latest details. When you contact support, test their responsiveness with a simple question about account conditions or withdrawal procedures before you deposit significant funds. Clear, prompt answers are a good sign.
Pros and Cons
Pros
- Regulated by CySEC under license No. 329/17.
- Offers segregated client funds.
- Advertises spreads from 0.0 pips.
- Provides MetaTrader 4 and MetaTrader 5, plus WebTrader and mobile trading.
- Offers a free demo account to practise before trading with real money.
- Provides several account types, including mini, VIP, Islamic and swap-free accounts.
- Allows hedging, scalping and news trading.
- Accepts a range of deposit and withdrawal methods.
- Offers a welcome bonus and other promotions.
Cons
- No managed accounts for clients who want someone else to trade for them.
- No no-deposit bonus for traders who want to test the platform without funding an account.
- The website is available in English only.
- Account base currencies are limited to USD and EUR.
- Maximum leverage of 1:300 can increase losses quickly.
- Bonus conditions can be complex and may change.
- Spreads can widen in volatile conditions, so the 0.0 pip figure is a minimum.
Verdict
SquaredDirect is a CySEC-regulated STP/ECN broker with a sound set of features for retail traders. Its strongest points are the regulatory licence, the offer of segregated client funds, access to MetaTrader 4 and MetaTrader 5, a free demo account and a broad choice of account types, including Islamic and swap-free options. The ability to trade with hedging, scalping and news trading is also useful for active traders.
The main limitations are the lack of managed accounts, the absence of a no-deposit bonus, the English-only website and the high leverage available. Support details and bonus terms should be checked directly on the official website before you commit funds.
Before opening an account, we recommend that you:
- Verify the CySEC licence No. 329/17 on the regulator's public register.
- Open a free demo account and test the platforms.
- Read the full account conditions, fees and bonus terms on the official SquaredDirect website.
- Start with a deposit you can afford to lose and use lower leverage while you learn.
Trading forex and CFDs on leverage carries a high risk of losing money. This review is for information only and
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose SquaredDirect?
SquaredDirect offers a $200 entry cost, MT4 / MT5 platforms and a track record since 2018.
SquaredDirect suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
