Brokers  /  Square Securities

Square Securities

Moderate risk
Bangladesh · 5-10 years · since 2019-09-04 · Square Securities Management Ltd.
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
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No sign that Square Securities actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
48
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSquare Securities Management Ltd.
Headquarters Bangladesh
Founded2019-09-04
Years operating5-10 years
Employees0
Official websitessml.com.bd
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
48 Mohakhali C/A, Dhaka-1212.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Square Securities presents a guarded risk profile due to its lack of regulatory oversight and limited public information. With a FXCanary Scam Risk Score of 48/100, traders are advised to treat this broker with caution and conduct thorough independent verification before any commitment.

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About Square Securities

Company Overview

Square Securities is a financial entity registered in Bangladesh, with a registered address at 48 Mohakhali C/A, Dhaka-1212. The company was founded on 4 September 2019, according to available records.

Despite its registration, Square Securities does not hold any known regulatory licences from domestic or international financial authorities. This absence of regulation is a significant factor for traders to consider when evaluating the safety of the brokerage.

Regulatory Status

Our research indicates that Square Securities is not regulated by any recognised financial regulator, including the Bangladesh Securities and Exchange Commission (BSEC) or any other global authority.

Trading with an unregulated broker exposes clients to elevated risks, as there is no independent oversight, no compensation scheme, and no formal dispute resolution mechanism. This regulatory vacuum places the burden of due diligence squarely on the trader.

Available Information

Publicly available information about Square Securities is extremely limited. The company's official domain, ssml.com.bd, does not appear to be widely indexed, and independent user reviews are absent.

This lack of transparency makes it difficult to assess the broker's trading conditions, product offerings, or reputation. Traders should exercise caution when considering engagement with an entity that provides minimal public disclosure.

Overview compiled by FXCanary from regulatory records and public data. full Square Securities review