SquaredFinancial has reached a settlement with the Cyprus Securities and Exchange Commission after a review of how the company promoted CFDs to retail clients. CySEC examined the firm’s marketing practices between late 2022 and 2024 and raised concerns about whether certain promotions met EU rules for investor protection. The company agreed to pay €35,000, and the case is now closed.
Despite the regulatory issue, SquaredFinancial has been expanding and updating its services over the past three years. The company has focused heavily on technology, trading tools and new products. One of the biggest steps was the launch of its own mobile trading app, built to give clients a faster and more convenient way to manage their accounts, trade, and follow market activity. This app works alongside MT4 and MT5 and is part of the firm’s push to build its own integrated trading environment.
The group also reported stronger performance during 2024. It saw an increase in new client accounts, higher trading volumes, and improved profitability. Much of this growth came from upgrades to onboarding, platform features, and regional expansion, including new hires to support the company’s presence in Latin America.
SquaredFinancial also broadened its asset offering. It added several new cryptocurrencies to its MT5 platform, including the popular Trump and Melania meme coins. The company said this was in response to client demand for newer, more speculative markets. In addition, the firm increased maximum leverage to 1:2000 for eligible clients outside Europe, where regulations allow higher limits. (This increase does not apply to clients under CySEC supervision.)
To support client growth, the company introduced new promotions. These included a referral scheme where existing clients can earn rewards, and an enhanced affiliate programme offering higher payouts to partners. The company said these initiatives are designed to build a larger and more active global user base.
In mid-2025, SquaredFinancial celebrated its 20th anniversary. The firm highlighted its long-term goal of becoming a complete investment gateway, supported by strong technology, clear compliance processes and a wider range of financial products. It also noted its focus on AI-assisted tools, improved liquidity solutions and new savings products offered through its non-EU entities.
The recent CySEC settlement reflects the strict standards applied to European brokers, but SquaredFinancial continues to expand internationally and invest in its trading technology. The company says it remains committed to improving the trading experience while operating within the rules of each jurisdiction where it is licensed.