e-Forex Magazine | Retail Forex Client | Site Inspection with Squared Financial
Retail Forex Client : Site Inspection with Squared Financial
First Published in e-Forex Magazine April 2009
Squared Financial Services Limited is based in Dublin, and is fully-regulated by the Financial Regulator in Ireland. Its execution platform provides round the clock ECN style (variable spread) competitive access to major banks, including Bank of America, Citi, Deutsche Bank, Goldman Sachs, RBS and UBS. Since these currently constitute many of the major liquidity providers in the FX marketplace, the advantage is clear: Clients are not dependent on any one bank or broker for prices. Prices are fed straight through from these banks with no mark up and a standard, competitive sliding scale volume-based commission fee structure is applied to turnover.
With a minimum client account size of $50,000 Squared Financial is clearly aiming at the larger sized trader and upwards to institutional and corporate accounts. The system is naturally geared toward savings at higher volume levels where fast execution is also required.
The platform is easy to install and we "road tested" the demo version of SquaredTrader®. Demo accounts are available on a bespoke basis by request to Squared Financial. Let's take a brief look at the platform's main features followed by an interview with their CEO, Phillipe Ghanem.
