SquaredFinancial’s Client Base Significantly Increases 220% in Q3 2021

SquaredFinancial Group, a fintech brokerage firm, has released its Q3 trading results, reporting a growth of 220 percent in its client base during the three months.

According to the press release, the company’s trading volumes grew 266 percent compared to last year when the coronavirus pandemic created unprecedented volatility across varying asset classes. In addition, the broker saw a 200 percent increase in its gross profits.

SquaredFinancial has continued to increase its offering during the year, providing immediate access to over 10,000 trading instruments across different asset classes and adding cryptocurrencies to more traditional asset classes.

In addition, the company has also appointed three new board members to further strengthen the governance and future growth of the company. Dirk Van Daele, Vusi Thembekwayo and Philippe Préval will bring a wealth of technology, entrepreneurial and financial board experience.

“In the coming months, we will continue to release new products, new funding channels, more online banking services and asset management, access financial markets and help clients towards achieving financial freedom,”Philippe Ghanem, Founder and Executive Chairman of SquaredFinancial Group said.

“Each new member of our Board, each one of them brings a specific and different skillset, strengthening our Corporate Governance, Emerging Markets and Corporate Finance expertise that will help build, grow and promote SquaredFinancial in the coming years,”Ghanem added.

As Fazzaco reported earlier, SquaredFinancial has partnered with Lusis​, a French software provider, to offer AI-based Forex trading strategies to its customers.