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MultiBank Group

MultiBank Group

4(450)

Various

VS
Squared Financial

Squared Financial

3.8(280)

CySEC

MultiBank Group vs Squared Financial

Head-to-Head Comparison 2026

Our Verdict

MultiBank Group has a higher rating of 4/5 compared to Squared Financial (3.8/5). MultiBank Group offers 6 instrument types, while Squared Financial offers 5. The minimum deposit is lower at MultiBank Group with 50 $.

Comparison Table

CriteriaMultiBank GroupSquared Financial
Rating4/5 (450 reviews)✓3.8/5 (280 reviews)
RegulationVariousCySEC
Feesfrom 0.0 pips (ECN Pro), commission from $3 per lotfrom 0.0 pips (RAW account), commission from $7 per lot
Min. Deposit50 $250 $
InstrumentsForex, CFDs, Indices, Commodities, Metals, Crypto CFDsForex, CFDs, Indices, Commodities, Crypto CFDs
PlatformsMT4, MT5, MultiBank ProMT4, MT5, Squared Trader
Options TradingNoNo
Founded20052005
HeadquartersHong KongLimassol

Detailed Comparison

Fee Comparison

MultiBank Group: from 0.0 pips (ECN Pro), commission from $3 per lot. Minimum deposit: 50 $.

Squared Financial: from 0.0 pips (RAW account), commission from $7 per lot. Minimum deposit: 250 $.

Product Range

MultiBank Group (6 categories)

ForexCFDsIndicesCommoditiesMetalsCrypto CFDs

Squared Financial (5 categories)

ForexCFDsIndicesCommoditiesCrypto CFDs

Trading Platforms

MultiBank Group

  • MT4
  • MT5
  • MultiBank Pro

Squared Financial

  • MT4
  • MT5
  • Squared Trader

Regulation & Security

MultiBank Group is regulated by Various (HQ: Hong Kong).

Squared Financial is regulated by CySEC (HQ: Limassol).

Who Is It For?

MultiBank Group

Multi-regulated Forex broker with institutional infrastructure

✓ Multi-regulated in multiple jurisdictions

✓ ECN execution with tight spreads

✓ Large institutional liquidity

✗ Complex regulatory structure

✗ Platform less known in Europe

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 MultiBank Group or Squared Financial cheaper?
MultiBank Group charges from 0.0 pips (ECN Pro), commission from $3 per lot. Squared Financial charges from 0.0 pips (RAW account), commission from $7 per lot. The minimum deposit is 50 $ at MultiBank Group and 250 $ at Squared Financial.
Which broker offers more products: MultiBank Group or Squared Financial?
MultiBank Group offers Forex, CFDs, Indices, Commodities, Metals, Crypto CFDs. Squared Financial offers Forex, CFDs, Indices, Commodities, Crypto CFDs.
Which broker is better regulated?
MultiBank Group is regulated by Various. Squared Financial is regulated by CySEC.
Is MultiBank Group or Squared Financial better for beginners?
MultiBank Group has a minimum deposit of 50 $ and offers MT4, MT5, MultiBank Pro as platforms. Squared Financial has a minimum deposit of 250 $ and offers MT4, MT5, Squared Trader. MultiBank Group has the lower entry barrier.
MultiBank Group vs Squared Financial: Which broker is better overall?
The choice between MultiBank Group (4/5, 450 reviews) and Squared Financial (3.8/5, 280 reviews) depends on your needs. MultiBank Group: Multi-regulated Forex broker with institutional infrastructure. Squared Financial: CySEC-regulated Forex and CFD broker with institutional background.
MultiBank Group

MultiBank Group

Multi-regulated Forex broker with institutional infrastructure

Open Account →

From 50 $ min. deposit

Squared Financial

Squared Financial

CySEC-regulated Forex and CFD broker with institutional background

Open Account →

From 250 $ min. deposit

MultiBank Group read review →Squared Financial read review →