SquaredFinancial vs CWG Markets

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, SquaredFinancial currently holds a stronger overall rating (4.3) than CWG Markets (1). SquaredFinancial has a higher minimum deposit than CWG Markets, at 5000.0. Both platforms offer their clients demo accounts, mobile trading, MAM/PAMM. Traders should note that both companies offer the same minimum lot size 0.01, but SquaredFinancial has a maximum lot size of 1000.0, while CWG Markets offers 150.0. SquaredFinancial offers a lower maximum leverage of 1:200, whereas CWG Markets allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4.3/5 (35 reviews)
4.4/5
4.2/5
4.4/5
4.2/5
1/5 (1 reviews)
1/5
1/5
1/5
1/5
Minimum deposit ($) 5000.0 10.0
Commission 0.0 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 1000.0 150.0
Spread Variable Variable
Broker type STP, ECN STP, ECN
Maximal leverage (1:?) 200 1000
Availability STP, ECN STP, ECN
Regulation CBI (Ireland) FCA (UK), VFSC (Vanuatu), FSCA (South Africa)
Trading Platforms MetaTrader 4 (MT4), MT4 (via bridge) MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer Multiple local methods
Account Currency USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD USD
Languages English, Spanish, French, Portuguese, Italian, Mandarin, Chinese, Polish, Indonesian, Arabic English, Spanish, Chinese
Country Ireland United Kingdom
Trading platform(s) timezone Ireland, United Kingdom United Arab Emirates, Mexico, Malaysia, Nigeria, Singapore, Thailand, Taiwan, United Kingdom, Vietnam
Other trading instruments Futures, Commodities, CFDs Stocks, Futures, Indices, Commodities, CFDs, Forex
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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