MSquare Review

Updated: March 20, 2026
MSquare
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Fast Facts

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
Country Code-
Country Rank-
Category Rank-
Engagement metricsVisits0
Bounce Rate0
Pageviews per Visit0
Avg. Visit Duration0
Estimated monthly visitsJuly 20250
August 20250
September 20250
Traffic sourcesSocial-
Paid Referrals-
Mail-
Referrals-
Search-
Direct-

About MSquare

MSquare (operating via domains such as msqrtrade.com and related variants) offers three account types: STP Pro, Commission, and Standard, with a stated minimum deposit of USD 100, leverage up to 1:3000, and spreads from approximately 3 pips; the company lists its headquarters at Level 19, 580 George Street, Sydney NSW 2000, Australia ().

The broker is not regulated by any recognized financial authority. Despite claims to be regulated by the U.S. National Futures Association (NFA), no matching registration exists in the NFA database. No other regulatory oversight (ASIC, FCA, CySEC, etc.) is confirmed. Trust-rating platforms mark its website as untrustworthy, with hidden WHOIS ownership, low visitor metrics, and flagged high risk ().

Multiple sources report scam indicators: website offline or inaccessible; blocked withdrawals; aggressive “verification” or “tax” deposit demands; fabricated transaction confirmations; and widespread negative user feedback from jurisdictions including New Zealand, Hong Kong, Australia, Japan ().

Pros and cons

Pros

  • Offers demo accounts for practice trading ().
  • Claims 24/7 customer support available via email ().

Cons

  • Completely unregulated; false claim of NFA oversight with no verifiable license ().
  • Opaque ownership; website flagged as likely unsafe by trust evaluators ().
  • Numerous withdrawal complaints, including account freezing and additional deposit demands ().
  • High-risk operations, unrealistic high leverage and hidden fees make client funds vulnerable ().

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