Broker comparison

BDSwiss vs.
Squared Financial

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

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.

Forex and CFD broker with strong focus on German-speaking clients

CySEC-regulated Forex and CFD broker with institutional background

At a glance

The key differences

Criterion
PlatformsMT4, MT5, BDSwiss App, BDSwiss WebTraderMT4, MT5, Squared Trader
Product typesForex, CFDs, Stocks CFDs, Indices, Commodities, Crypto CFDsForex, CFDs, Indices, Commodities, Crypto CFDs
Options tradingNoNo
Fee modelfrom 1.1 pips (Classic), from 0.0 pips + $5 commission (RAW)from 0.0 pips (RAW account), commission from $7 per lot
Minimum deposit100 €250 $
RegulationCySEC/FSCCySEC
More informationDetailsDetails

Platforms

BDSwiss

MT4, MT5, BDSwiss App, BDSwiss WebTrader

Squared Financial

MT4, MT5, Squared Trader

Product types

BDSwiss

Forex, CFDs, Stocks CFDs, Indices, Commodities, Crypto CFDs

Squared Financial

Forex, CFDs, Indices, Commodities, Crypto CFDs

Options trading

BDSwiss

No

Squared Financial

No

Fee model

BDSwiss

from 1.1 pips (Classic), from 0.0 pips + $5 commission (RAW)

Squared Financial

from 0.0 pips (RAW account), commission from $7 per lot

Minimum deposit

BDSwiss

100 €

Squared Financial

250 $

Regulation

BDSwiss

CySEC/FSC

Squared Financial

CySEC

More information

BDSwiss

Details

Squared Financial

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from 1.1 pips (Classic), from 0.0 pips + $5 commission (RAW)

Published fee
from 1.1 pips (Classic), from 0.0 pips + $5 commission (RAW)
Minimum deposit
100 €
See terms at provider

from 0.0 pips (RAW account), commission from $7 per lot

Published fee
from 0.0 pips (RAW account), commission from $7 per lot
Minimum deposit
250 $
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexCFDsStocks CFDsIndicesCommoditiesCrypto CFDs
ForexCFDsIndicesCommoditiesCrypto CFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

MT4 · MT5 · BDSwiss App · BDSwiss WebTrader

BDSwiss offers four trading platforms: MT4 and MT5 as industry standards with Expert Advisors and automated strategies. The proprietary BDSwiss WebTrader is a browser-based platform with real-time charts, technical indicators, and simplified order placement. The BDSwiss App enables full-featured mobile trading with push notifications, price queries, and order execution on the go.

Explore platform

MT4 · MT5 · Squared Trader

Squared Financial offers MetaTrader 4, MetaTrader 5, and its own Squared Trader platform. MT4/MT5 provide the familiar Expert Advisors, charting tools, and automated trading strategies. Squared Trader is a proprietary platform with modern design, advanced analysis tools, and an optimized order execution system. All platforms are available as desktop and mobile.

Explore platform

Regulation & security

CySEC/FSC

Regulatory information

CySEC

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

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

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

Find the broker that fits

BDSwiss oder Squared Financial?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between BDSwiss and Squared Financial?
BDSwiss: from 1.1 pips (Classic), from 0.0 pips + $5 commission (RAW). Squared Financial: from 0.0 pips (RAW account), commission from $7 per lot. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: BDSwiss or Squared Financial?
BDSwiss offers Forex, CFDs, Stocks CFDs, Indices, Commodities, Crypto CFDs. Squared Financial offers Forex, CFDs, Indices, Commodities, Crypto CFDs.
How are BDSwiss and Squared Financial regulated?
The broker profiles list CySEC/FSC for BDSwiss and CySEC for Squared Financial. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is BDSwiss or Squared Financial better for beginners?
BDSwiss lists a 100 € minimum deposit and offers MT4, MT5, BDSwiss App, BDSwiss WebTrader. Squared Financial lists 250 $ and offers MT4, MT5, Squared Trader. Compare usability, available products and costs for your intended use.
BDSwiss vs Squared Financial: Which broker is better overall?
The choice between BDSwiss (4/5, 650 reviews) and Squared Financial (3.8/5, 280 reviews) depends on your needs. BDSwiss: Forex and CFD broker with strong focus on German-speaking clients. Squared Financial: CySEC-regulated Forex and CFD broker with institutional background.

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