About Squire’s Finance Limited
Overview
Squire’s Finance Limited is a forex and CFD broker registered in the United Kingdom, with a corporate address at 20 Farringdon St, London EC4A 4BL. The company was established on 17 August 2023, making it a relatively new entrant in the online trading space. Its official website is squiresfinanceltd.com.
Despite its UK registration, Squire’s Finance Limited operates without any recognised financial regulatory licence. Our research indicates that no authorisation from the Financial Conduct Authority (FCA) or any other tier-1 regulator is held. This lack of oversight is a significant consideration for traders evaluating the broker’s reliability and safety of funds.
Regulation and Licensing
Squire’s Finance Limited is not regulated by any major financial authority. The UK registration (Companies House number not specified) is a legal requirement for any limited company, but it does not confer regulatory supervision over financial services. The broker’s website does not display any regulatory licence from bodies such as the FCA, CySEC, or ASIC.
For traders, the absence of regulation means there is no independent ombudsman or compensation scheme to turn to in case of disputes. Client funds are not protected under the Financial Services Compensation Scheme (FSCS) or similar. This is a critical factor that heavily influences the overall risk profile of the broker.
Account Types and Minimum Deposits
Squire’s Finance Limited offers five distinct account tiers, each tailored to different capital levels and trading preferences. The VIP account requires a minimum deposit of €150,000 and offers a maximum leverage of 1:1000. The CORPORATE account also starts at €150,000 but with a lower leverage cap of 1:500. The STANDARD account requires €50,000 (leverage 1:400), the BEGINNER account €2,000 (leverage 1:300), and the TEST account €250 (leverage 1:200).
These deposit requirements are notably high compared to industry averages, particularly for the standard and lower tiers. The TEST account, with a €250 minimum, is the most accessible but still above many brokers’ micro or cent accounts. The high leverage offered, especially 1:1000 on the VIP account, is extremely aggressive and carries substantial risk of rapid capital loss.
Trading Instruments and Platforms
According to the broker’s records, Squire’s Finance Limited provides trading in currency pairs, indices, commodities, metals, and stocks. This range covers major forex pairs, global stock indices, precious metals, and energy commodities. However, details on trading platforms (e.g., MetaTrader 4/5, cTrader, or proprietary platforms) are not publicly confirmed.
No information is available regarding execution types (market maker, ECN/STP), spreads, commissions, or additional trading tools. Traders considering this broker should seek clarity on these critical operational aspects before committing funds.
Suitability and Target Audience
Given the high minimum deposit levels and extreme leverage options, Squire’s Finance Limited appears to target high-net-worth individuals and professional traders with substantial capital. The VIP and CORPORATE accounts, requiring €150,000, are clearly aimed at clients who can take on significant risk in pursuit of amplified returns.
Conversely, the beginner account tier has a relatively high €2,000 entry point, which may deter retail traders who typically begin with smaller sums. The overall offering suggests a preference for experienced, well-capitalised participants rather than novice or risk-averse traders. The lack of regulatory oversight further narrows the pool of suitable clients to those comfortable with unregulated entities.
Overview compiled by FXCanary from regulatory records and public data. full Squire’s Finance Limited review