Choose Exness if you want…
Active traders and scalpers prioritizing tight raw spreads and fast withdrawals; MENA traders in particular.
Exness
⭐ 4.6 / 5
VS
SquaredFinancial
⭐ 3.5 / 5
Exness vs SquaredFinancial — which broker is better in 2026?
We compared Exness and SquaredFinancial across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Exness wins on more criteria (4 categories vs 0), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Exness | SquaredFinancial | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 3.5 / 5 | Exness |
| Regulators | CySEC, FCA, FSCA, FSA Seychelles | CySEC, FSA Seychelles | Exness |
| Min. deposit | $10 | $250 | Exness |
| Spreads from | 0.0 pips (Raw Spread / Zero account) | 0.0 pips (ECN) | Tie |
| Max. leverage | Up to 1:Unlimited (jurisdiction dependent) | 1:30 (EU) / 1:500 | — |
| Platforms | MT4, MT5, Exness Terminal (web), Exness Mobile | MT4, MT5 | Exness |
| Founded | 2008 | 2005 | — |
| HQ | Limassol, Cyprus | Limassol, Cyprus | — |
Pros & cons compared
Exness pros
- ✓ Industry-leading raw spreads from 0.0 pips on majors
- ✓ Instant withdrawals 24/7 via crypto and e-wallets
- ✓ Multi-jurisdictional regulation including CySEC and FCA
- ✓ Strong MENA presence with Arabic-language support
- ✓ Negative balance protection on all account types
Cons
- ✗ Variable leverage caps depending on entity (EU = 1:30 retail)
- ✗ Limited educational content vs. competitors like XM
- ✗ No proprietary trading platform beyond MT4/MT5
SquaredFinancial pros
- ✓ Operating since 2005 with a CySEC licence
- ✓ ECN pricing from 0.0 pips on raw accounts
- ✓ Multi-asset CFD range across FX, indices, commodities and shares
- ✓ Offshore entity offers leverage up to 1:500
- ✓ Established MT4 and MT5 infrastructure
Cons
- ✗ Higher $250 minimum deposit than many rivals
- ✗ Lower retail brand awareness
- ✗ EU clients capped at 1:30 leverage
Which one should you choose?
Choose SquaredFinancial if you want…
Traders wanting an established, long-running CySEC ECN broker with a broad multi-asset CFD range.
Frequently asked questions
Which is better — Exness or SquaredFinancial?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Exness wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is Exness more regulated than SquaredFinancial?
Exness holds licenses from: CySEC, FCA, FSCA, FSA Seychelles. SquaredFinancial holds licenses from: CySEC, FSA Seychelles. Exness has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at Exness vs SquaredFinancial?
Exness spreads start from 0.0 pips (Raw Spread / Zero account). SquaredFinancial spreads start from 0.0 pips (ECN). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, Exness or SquaredFinancial?
Exness: $10. SquaredFinancial: $250. Exness has the lower entry barrier.
