BDSwiss
CySEC/FSC
Squared Financial
CySEC
BDSwiss vs Squared Financial
Head-to-Head Comparison 2026
Our Verdict
BDSwiss has a higher rating of 4/5 compared to Squared Financial (3.8/5). BDSwiss offers 6 instrument types, while Squared Financial offers 5. The minimum deposit is lower at BDSwiss with 100 €. Squared Financial has been in the market since 2005, making it the more experienced provider.
Comparison Table
| Criteria | BDSwiss | Squared Financial |
|---|---|---|
| Rating | 4/5 (650 reviews)✓ | 3.8/5 (280 reviews) |
| Regulation | CySEC/FSC | CySEC |
| Fees | from 1.1 pips (Classic), from 0.0 pips + $5 commission (RAW) | from 0.0 pips (RAW account), commission from $7 per lot |
| Min. Deposit | 100 € | 250 $ |
| Instruments | Forex, CFDs, Stocks CFDs, Indices, Commodities, Crypto CFDs | Forex, CFDs, Indices, Commodities, Crypto CFDs |
| Platforms | MT4, MT5, BDSwiss App, BDSwiss WebTrader | MT4, MT5, Squared Trader |
| Options Trading | No | No |
| Founded | 2012 | 2005 |
| Headquarters | Limassol | Limassol |
Detailed Comparison
Fee Comparison
BDSwiss: from 1.1 pips (Classic), from 0.0 pips + $5 commission (RAW). Minimum deposit: 100 €.
Squared Financial: from 0.0 pips (RAW account), commission from $7 per lot. Minimum deposit: 250 $.
Product Range
BDSwiss (6 categories)
Squared Financial (5 categories)
Trading Platforms
BDSwiss
- MT4
- MT5
- BDSwiss App
- BDSwiss WebTrader
Squared Financial
- MT4
- MT5
- Squared Trader
Regulation & Security
BDSwiss is regulated by CySEC/FSC (HQ: Limassol).
Squared Financial is regulated by CySEC (HQ: Limassol).
Who Is It For?
BDSwiss
Forex and CFD broker with strong focus on German-speaking clients
✓ Strong focus on German-speaking market
✓ CySEC-regulated with EU deposit protection
✓ Good educational offerings and webinars
✗ Spreads on Classic account not the lowest
✗ Inactivity fee after 90 days
Squared Financial
CySEC-regulated Forex and CFD broker with institutional background
✓ CySEC-regulated with EU deposit protection
✓ Institutional liquidity and tight spreads
✓ Long track record since 2005
✗ Minimum deposit of $250
✗ Less marketing presence than competitors
Frequently Asked Questions
Is BDSwiss or Squared Financial cheaper?
Which broker offers more products: BDSwiss or Squared Financial?
Which broker is better regulated?
Is BDSwiss or Squared Financial better for beginners?
BDSwiss vs Squared Financial: Which broker is better overall?
BDSwiss
Forex and CFD broker with strong focus on German-speaking clients
Open Account →From 100 € min. deposit
Squared Financial
CySEC-regulated Forex and CFD broker with institutional background
Open Account →From 250 $ min. deposit