Squires Finance LTD Review: Is This Broker Too Good to Be True?

In the domain of FX trading, navigating the expansive terrain of brokers requires wisdom. Squires Finance LTD emerges as a potential contender, boasting an extensive selection of trading assets and bonuses. 

Yet, beneath the surface, a different narrative unfolds. In this Squires Finance LTD review, we delve into the intricate details of this firm. We are about to expose its legitimacy concerns and highlight the need for cautious decision-making.

Squires Finance LTD Regulation

The legitimacy of Squires Finance LTD is cloaked in murkiness, despite its bold declarations. Promising an array of trading assets across various markets, the broker leaves a trail of skepticism. This is due to its vague claims and the conspicuous absence of proper regulation. 

One cannot help but raise eyebrows at its alleged London address, which lacks substantiation. The absence of credible regulatory associations and the inclusion of a questionable 45% second deposit bonus policy only deepen the clouds of doubt. We must prioritize brokers backed by stringent regulatory frameworks, ensuring the safety and security of our investments. 

Note: Stay safe with your money by not using unregulated FX brokers like Squires Finance LTD and TradersDomain.

Regulatory Bodies

The most reputable FX regulators are as follows:

• The United States Commodity Futures Trading Commission (CFTC)
• The United Kingdom’s Financial Conduct Authority (FCA)
• The Australian Securities and Investments Commission (ASIC)

These ensure a safe and transparent trading environment for forex participants. Choosing a broker regulated by these authorities offers traders a shield against fraudulent activities. This makes sure that their funds are segregated and protected. 

Regulated brokers adhere to stringent standards, including fair pricing, ethical conduct, and proper risk management. This ultimately cultivates trust and confidence among traders. Opting for a regulated broker signifies a commitment to a secure trading experience. Notably, this makes it a prudent choice for anyone looking to navigate the forex market with peace of mind.

Note: The FCA, a respected financial watchdog, gave a clear warning about this fake company. They alerted people to be cautious and stay away from it.

Squires Finance LTD Trading Assets

Within Squires Finance LTD’s extensive offerings of over 350 trading instruments, one finds a promise to harness profits across diverse asset classes. 

From the allure of the stock markets to the allure of Forex, commodities, digital currencies, and international stocks, the broker paints a picture of opportunity. However, a shroud of suspicion veils certain aspects. 

While currencies like EUR/USD, AUD/CAD, and EUR/GBP are mentioned, crucial details such as the undisclosed stocks raise concerns. Amidst these claims, Squire’s Finance Limited highlights its foundation by industry veterans with vast experience in the financial services sector spanning continents.

Trading Platforms Available

The platform offered by Squires Finance LTD, known as WebTrader, is portrayed as a versatile tool enriched with features like Market Depth and various execution modes. However, as light is cast upon this platform, it becomes apparent that its claims might not hold water. 

The WebTrader platform’s credibility is questionable, raising red flags about its authenticity. In contrast, established platforms like MT4 and MT5 beckon traders with their proven track record. These platforms offer a plethora of features, including advanced charting tools, compatibility with expert advisors, and a UI-friendly interface.

Note: This scam broker strategically targets individuals in Canada, Malta, and Lithuania.

Trading Environment at Squires Finance LTD

Trading with SQUIRES FINANCE LIMITED appears straightforward at first glance. The process entails registration, account creation, and making an initial deposit through a selection of payment options. 

However, the reality behind this facade demands careful consideration. Aspiring traders must navigate the broker’s proprietary trading platform, a process that warrants a closer look. Beyond the registration process, understanding the intricacies of forex trading, currency pairs, and interpreting forex quotes is vital. Acquiring this knowledge positions traders to make informed decisions.

Squires Finance LTD Accounts

What about the Squires Finance LTD accounts? Squires Finance LTD offers a variety of account types, each with some so-called benefits:

Test Account

• Deposit: €250
• Leverage: 1:200
• Standard spreads from 0.8 pips
• Minimum trade volume: 0.01
• Account Manager
• Trading instruments: currency pairs
• Low commissions

Beginner Account

• Deposit: €2000
• Leverage: 1:300
• Standard spreads from 0.6 pips
• Minimum trade volume: 0.01
• Account Manager
• Trading instruments: currency pairs, indices
• Low commissions

Standard Account

• Deposit: €50000
• Leverage: 1:400
• Standard spreads from 0.5 pips
• Minimum trade size: 0.01
• Account Manager
• Trading instruments: currency pairs, indices, commodities
• Low commissions

Corporate Account

• Deposit: €150000
• Leverage: 1:500
• Standard spreads from 0.4 pips
• Minimum trading volume: 0.01
• Personal manager, analyst, signals
• Trading instruments: currency pairs, indices, commodities, metals, stocks
• Corporate Department
• Trading without Fees

VIP Account

• Deposit: €150000
• Individual conditions
• Leverage: 1:1000
• Standard spreads – floating
• Trading instruments: currency pairs, indices, commodities, metals, stocks
• Trading without commission
• Contracts from a hedge fund

Customer Support

Squires Finance LTD scam extends customer support through multiple channels. This includes phone at +442080977710 and email at [email protected] and [email protected]. 

These avenues provide a means of communication. Yet, the broker’s unresolved legitimacy concerns cast a shadow over its commitment to customer care.

Note: It’s crucial to prioritize the safety of your funds by avoiding unregulated FX brokers like Squires Finance LTD and Tierra500.

Squires Finance LTD Withdrawal

A troubling aspect looms within Squires Finance LTD’s framework – the absence of details about payment options. This raises concerns and leaves traders in the dark about how they can access their hard-earned gains. Such obscurity runs counter to the trust and transparency that traders rightfully expect.

In contrast, reputable brokers take pride in offering straightforward solutions. They provide well-known and trustworthy payment methods, including PayPal, Skrill, Advcash, bank cards, and crypto coins. These options empower traders to manage their funds with confidence, knowing that their chosen broker values transparency.

Remember, in the world of FX trading, clarity, and reliability are not just luxuries – they’re essential components of a reliable trading experience.

Note: It’s wise to steer clear of unregulated FX brokers such as Squires Finance LTD and Chartistake.

Trader Reviews on Trustpilot

Trustpilot rating for Squires Finance LTD, 2.5 stars stare back, painting a rather bleak picture. This lackluster score is an indicative sign of potential issues that traders should not overlook. The dim rating casts a shadow over the broker’s credibility and raises a wave of skepticism about its practices. 

There’s also a concerning pattern – a trail of positive reviews that were seemingly fabricated and later yanked off by Trustpilot due to their dubious nature. This manipulation of public perception is a stark reminder of the importance of transparency in the financial landscape.

In light of these revelations, it becomes crucial for traders to seek out brokers with a track record of genuine reviews on platforms like Trustpilot. Opting for brokers that boast positive ratings and authentic feedback from real users can offer a layer of assurance in the volatile world of trading. Remember, navigating this terrain requires vigilance, smart decision-making, and a healthy dose of skepticism.

Scam Broker Tactics

Navigating the world of trading might feel like a tricky puzzle. Still, it pays to be sharp. Keep an eye out for those cunning scam brokers who entice you with dreams of quick riches, rush you into hasty decisions, or hide crucial details in the shadows. 

These are the sneaky maneuvers that you should be on the lookout for. By staying attentive to these signs, you’re equipping yourself with valuable insights and securing your investments. 

Remember, maintaining a vigilant stance and staying educated is your strongest shield in this complex trading arena. Don’t let flashy promises or rushed decisions trip you up. Trust your instincts and arm yourself with the knowledge to navigate this game smartly.

Long Story Short – Squires Finance LTD

As we conclude our exploration of squiresfinanceltd.com, we find ourselves standing at a crossroads. The broker’s questionable legitimacy, obscured trading environment, and dubious practices cast a cloud over its offerings. 

Choosing regulated, transparent, and reputable brokers remains the cornerstone of a secure and good journey.

Navigating the complexities of the FX markets necessitates quick decision-making. As you embark on your trading endeavors, remember that knowledge is your most potent asset. For better guidance about regulated brokers, contact us for a free consultation. 

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