2invest is a CFD broker offering a wide variety of asset classes to trade on via the MetaTrader 4 trading platform for PC, Web, Android and iOS. Asset classes include Forex, Stocks, Indices, Commodities and Cryptocurrencies.
SquaredDirect is a True DMA/STP Brokerage Firm acting strictly as an intermediary between clients and top-tier Liquidity Providers such as Internationally reputable banks and other globally acclaimed financial institutions providing investment services and solutions to retail clients.
|#||Broker's Features||SQUAREDDIRECT Availability||2INVEST Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||✔|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||❌||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare SquaredDirect vs 2invest.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. SquaredDirect offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, while 2invest offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. SquaredDirect is ECN, while 2invest is .
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. SquaredDirect is regulated by CySEC, while 2invest regulated by FSA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Account currencies: Next lets consider the Account currencies each broker offers. SquaredDirect offers EUR, USD different account currencies for each account types, while 2invest offers account currencies.
Languages Available: Next lets have a look at each broker's different Language options. SquaredDirect offers English, while 2invest offers English, Portuguese, Spanish Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. SquaredDirect offers Credit/Debit Cards, Debit cards, Neteller, Skrill, Wire transfer different payment methods for each account types, while 2invest offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, SquaredDirect makes MT4 available to clients, while 2invest offers MT4.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, SquaredDirect is more reliable based on our criteria above. SquaredDirect has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. SquaredDirect offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.