House file

Squared Financial

On the desk for one reason: licence no longer active on file. 2 register lines are on this file, spread across 2 legal entities in 2 jurisdictions, none of them with a top-tier regulator.

Filed by the desk · Limassol, Cyprus · year established not verified · sourcing confidence: medium

On the wire

2 items · 0 notices

01
register entry
CySEC (licence under voluntary renunciation) entry 329/17 for Squared Financial (CY) Ltd — no longer active
Source: cysec.gov.cy
02
register entry
None confirmed — named in a CySEC settlement decision for SQ Sey Ltd
Source: cysec.gov.cy

Entity by entity

2 lines

Register lines on file for Squared Financial. A blank number is a number the desk could not read on a source; it is not a zero.
Regulator	Jurisdiction	Entity as registered	Number	Tier	Source
CySEC (licence under voluntary renunciation)	Cyprus	Squared Financial (CY) Ltd	329/17	T2no longer active	cysec.gov.cy
None confirmed — named in a CySEC settlement decision	Seychelles	SQ Sey Ltd	not verified	T3	cysec.gov.cy

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to open	$0
EUR/USD spread as published	not verified
Leverage as advertised	1:30 (CySEC retail)
Platforms	MT4 · MT5
Account books	Standard · Pro · Demo

What the record says

Squared Financial's own announcement states that Squared Financial (CY) Ltd has formally initiated a voluntary renunciation of its CIF licence, authorisation number 329/17, and will no longer onboard new clients under CySEC.

CySEC published a board decision on 19 November 2025 recording a settlement of EUR 50,000 with SQ Sey Ltd over a possible violation of the authorisation requirements of article 5(1) of the Investment Services and Activities and Regulated Markets Law between 26 October 2022 and 16 September 2024.

The company's own account page lists a zero minimum deposit on its entry account and a 500 USD minimum on its second account type.

The CySEC entity is registered in Cyprus under company registration number 355968.

Not verified

6 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.