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Licence record

SQUAREDFINANCIAL: FSA licence SD024

Issuing authority
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by The Seychelles Financial Services Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

The Seychelles Financial Services Authority SD024

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
SQ Sey Ltd
Issuing authority
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/squaredfinancial/licenses/the-seychelles-financial-services-authority/sd024Fields on file 2 / 11

Open SQUAREDFINANCIALAll SQUAREDFINANCIAL licencesAbout FSA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Seychelles
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
SD024
Licence type (Wikilix classification)
Retail Forex License
The authority

About FSA

The Seychelles Financial Services Authority is the authority that issued this licence, and the jurisdiction it applies in is Seychelles.

Full name
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2013
Oversight
A government or statutory body
Firms we track under it
143 firms
Regulates
Stocks, Fund
Licences it issues
Securities Dealer – Principal & Agency
Typical cost of a licence
USD 10000-20000
Public register
Searchable by the public
Transparency
Low

FSA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSA's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSA Enquiries
  • Maximum leverage1:1000
This describes the authority's regime, not how SQUAREDFINANCIAL applies it.
The holder

Who holds this licence

The licence above is recorded against SQUAREDFINANCIAL. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
SQ Sey Ltd
Based in
Seychelles
Wikilix score
41.1the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • SQ Sey LtdSeychelles · Jan 1, 2022
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences SQUAREDFINANCIAL holds

One other licence is on record for SQUAREDFINANCIAL.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Not specified in the provided context. However, SQUAREDFINANCIAL offers customer support in English via phone, email, and live chat during business hours.
SQUAREDFINANCIAL offers leverage up to 500:1. This high leverage level allows traders to control larger positions with a smaller amount of capital, but specific leverage may vary by instrument and regulation.
According to the provided data, SQUAREDFINANCIAL does not charge commissions on trades. Information about spreads or other fees is not specified in the provided context.
The minimum deposit for most accounts at SQUAREDFINANCIAL is $250, except for the SquaredElite account which requires a $5,000 minimum. Supported payment methods include bank cards, bank wire transfers, Skrill, Neteller, Bitcoin, USDT, and several regional options with processing times ranging from instant to a few days.
SQUAREDFINANCIAL provides access to MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop trading and offer advanced tools for Forex, CFDs, stocks, and futures trading.
SQUAREDFINANCIAL is regulated by CySEC in Cyprus and the Seychelles Financial Services Authority. CySEC regulation includes client fund insurance up to €20,000 through the Investor Compensation Fund. The broker operates under onshore and offshore licenses with different regulatory protections.
Licence SD024 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
SQUAREDFINANCIAL holds this FSA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSA tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
SQUAREDFINANCIAL has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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