Squires Finance Limited: review and customer feedback in 2023
The process of choosing a financial intermediary requires careful consideration of various aspects, including checking the provided commercial information and real customer reviews. Pay attention to Squires Finance Limited – a company that has made a name for itself in the international arena and has just started to acquaint itself with Russian-speaking traders. Let’s look at what is being said about this intermediary and what its real features are.
Key details about the company
Squires Finance Limited, according to legend, was founded by experienced players in the Fin-Tech and Forex industry with rich work experience. The company, claiming to provide financial services on five continents, is gradually expanding its presence and has recently updated its domain to enhance user convenience and service quality. The website squiresfinanceltd.com was launched in 2023, which explains the relatively recent appearance of reviews in the Russian-speaking internet.
Contact information includes the office address in London, email, and a phone number with a British code. The presence of social media pages for more informal communication is not noted, although it is worth mentioning that customers do not complain about the quality of support, as the company strives to promptly address any issues that arise.
Legal aspects
There are no scan copies of legal documents confirming the legality of the provided brokerage services on the platform. The only evidence is the legal address in London and a certificate number of inclusion in the register issued in 1986. Internal documents on the platform, such as Risk Disclosure Statement and Terms and Conditions, are translated into Russian, making it easier to understand the terms of cooperation.
Traders from the Russian-speaking segment should remember that Squires Finance Limited has only recently started its activities in this region and does not have licenses from local regulators. It is important to make an informed decision about cooperation considering all risks and relying on the company’s responsibility and reliability.
Service provision terms
Squires Finance Limited does not provide demo accounts for practice without investments. To evaluate the quality of online trading services, a financial investment is required. The broker offers an educational base and professional support 24/5, with support not available on weekends.
The commercial offer features include:
- 5 tariffs with entry thresholds from 250 to 150,000 euros,
- maximum leverage – from 1:200 to 1:1000,
- personal manager services,
- the number of available trading instruments depends on the selected tariff plan,
- WebTrader as a trading platform,
- low commissions,
- minimum position size – 0.01 lots,
- spreads from 0.4 points,
- some account types may include trading signals, analytical services, and contracts from a hedge fund.
Deposit/withdrawal terms are not disclosed on the platform and require individual contact with managers. There is no detailed description of the referral program presented, but it is mentioned that various types of partners can earn by collaborating with the company.
Real customer reviews
Preliminary reviews about the company are already available on the Russian-speaking internet, although their number is limited at the moment. Users who have recently registered on the platform note the ability to check the company’s solvency.
If you have thoughts about cooperating with Squires Finance Limited or you wish to share your trading experience with this broker, please leave a review under our article.
In conclusion
Considering the presented facts about Squires Finance Limited, make a decision about possible cooperation independently. Evaluate all the pros and cons of this option to make an informed choice that affects your comfort and safety in financial operations.
I am deeply dissatisfied with the services of Squires Finance Limited, as they have consistently demonstrated a lack of professionalism and ineffective financial guidance throughout the year 2023.
I am thoroughly disillusioned with my experience at Squires Finance Limited in the year 2023. The customer service was appalling, with lengthy waiting times and numerous unattended calls and emails. The level of professionalism exhibited by the staff was deeply concerning. Multiple times, I noted a stark lack of understanding of basic financial terms and processes. Moreover, the broker assigned to me seemed more inclined to upsell expensive products rather than crafting an investment strategy tailored to my needs. Additionally, the transaction costs and fees seemed arbitrary and exorbitantly high. Transparency, as I learnt, was not a virtue valued by Squires Finance Limited. Overall, the experience has been abysmal, and I would not recommend this firm to anyone.