Score
Australia
|
2-5 years
| https://www.msquarefx.net
Website
Rating Index
LicensesLicensed Entity：MSQUARE GROUP PTY LTD
License No. 499761
Australia
msqrtrade.com msquarefx.net msquarefx.com| MSquare | Basic Information |
| Company Name | MSquare |
| Headquarters | Australia |
| Regulations | Not regulated |
| Account Types | STP Pro，Commission，Standard |
| Minimum Deposit | $100 |
| Maximum Leverage | 1:3000 |
| Spreads | From 3.0 pips |
| Customer Support | Email （info@msquarefx.com） |
MSquare, based in Australia, offers three account types: STP Pro, Commission, and Standard. Despite its Australian headquarters, the broker operates without regulatory oversight. MSquare targets various trading preferences through its diverse account offerings.
MSquare currently operates without regulatory supervision. This lack of regulation means the broker is not subject to oversight and guidelines typically imposed by financial authorities. Traders should be aware that this absence of regulation may expose them to additional risks and reduce investor protection.
MSquare presents a mix of advantages and drawbacks. The broker offers demo accounts, allowing traders to practice strategies risk-free. Additionally, MSquare claims to provide round-the-clock support. However, the lack of regulatory supervision is a significant concern. Paradoxically, while round-the-clock support is listed as a pro, limited customer support options are noted as a con, suggesting potential inconsistencies in their service offerings.
| Pros | Cons |
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|
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| Account Type | Minimum Deposit | Maximum Leverage | Spreads |
| STP Pro Account | $100 | 1:3000 | From 3.0 pips |
| Commission Account | $100 | 1:3000 | From 3.0 pips |
| Standard Account | $100 | 1:3000 | From 3.0 pips |
MSquare offers three account types: STP Pro, Commission, and Standard. All accounts require a minimum deposit of $100, making them equally accessible to traders. This unified minimum deposit across account types simplifies the choice for new traders while still offering varied features to suit different trading styles.
MSquare provides exceptionally high leverage across all its account types. The STP Pro, Commission, and Standard accounts all offer a maximum leverage of 1:3000. This high leverage can significantly amplify both profits and losses, making it suitable for experienced traders but potentially risky for novices.
MSquare maintains consistent spread offerings across its account types. The STP Pro, Commission, and Standard accounts all provide spreads starting from 3.0 pips. This uniformity in spread structure simplifies comparison between account types, allowing traders to focus on other differentiating features when selecting an account.
MSquare's customer support is primarily accessible via email atinfo@msquarefx.com. This email-based support system serves as the main channel for clients to seek assistance, ask questions, or resolve issues related to their trading accounts and activities.
In conclusion, MSquare offers high-leverage trading accounts with uniform minimum deposits and spreads. However, its lack of regulation is a significant concern. While the broker provides demo accounts and claims 24/7 support, the limited customer support options and regulatory issues are important factors for traders to consider.
Is MSquare regulated?
No, MSquare currently operates without regulatory oversight.
What is the minimum deposit required to open an account with MSquare?
The minimum deposit for all account types (STP Pro, Commission, and Standard) is $100.
Does MSquare offer demo accounts?
Yes, MSquare provides demo accounts for traders to practice their strategies risk-free.
Trading online carries inherent risks, including the potential loss of your entire investment.
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viva a
New Zealand
Blacklisted platform, unable to withdraw funds.
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viva a
New Zealand
Black Platform
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Philippe648
Australia
It's imperative to urgently lodge complaints with regulatory bodies and collaborate with the fraud department to halt the fraudulent activities targeting the public.
Exposure
给个说法
Hong Kong
MSquare is a scam platform, privately embezzles investor funds.
Exposure
给个说法
Hong Kong
In the past two days, there has been no progress in communication with M S. I still have to pay a $5000 deposit. May I ask, what does the M S platform guarantee? The information you requested has all been submitted to you. It is the problem of your platform itself, but you are forcing investors to bear the consequences.
Exposure
给个说法
Hong Kong
My MSquare account has been suspended and I cannot reach customer service. It's easy to desposit, but when I want to withdraw, I was blocked. It's totally scam. I hope the victims can unite and jointly safeguard our rights and interests.
Exposure
给个说法
Japan
MSquare platform, unable to withdraw funds, the platform has blocked me, unable to contact customer service, who can tell me how to seek justice.
Exposure
fuliangj
Hong Kong
Lost more than ten thousand, now only have one thousand left, and they won't allow withdrawals.
Exposure
FX3322878599
Belgium
They inexplicably asked me to verify my account. Because I didn't input the correct amount for verification, they didn't allow me to pass and took my funds, then asked me to deposit again. Due to not depositing in time, my account was permanently banned. The customer service also did not provide any follow-up solutions.
Exposure
arong
United Arab Emirates
Msquare is clearly engaging in fraudulent activities. It has been over a month, and they have not processed any withdrawals. I demand that Msquare pay $45,541.65 USDT, which includes $41,401.55 USDT in withdrawals and $4,140.10 USDT in "service fees".
Exposure