Forex MONEY SQUARE Broker Review

Performance Matrix

Main Score & Risk Matrix

#185

Score

8.0

Excellent

MONEY SQUARE is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 8.2

Business 7.5

Risk Control 7.8

Software 8.5

Regulatory 8.0

Terminal Snapshot

MONEY SQUARE Trading Conditions

Registered Region Japan

Operating Period 10-15 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email N/A

Contact Number +810334705050

Website www.m2j.co.jp

Balanced Review

Pros & Cons

Pros

Regulated by FCA and ASIC
Diverse trading instruments including Forex, commodities, and indices
Trading platforms: MetaTrader 4 and web-based options
Comprehensive educational resources: webinars and market analysis
Competitive spreads and leverage up to 500:1

Cons

Not regulated by major financial authorities
Limited selection of trading instruments
Outdated trading platform interface
Lack of comprehensive educational resources
High withdrawal fees for smaller accounts

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	MONEY SQUARE	FXTF	Phillip	AvaTrade
Operating Period	10-15 years	See review	See review	See review
Region	Japan	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	8.0/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does MONEY SQUARE Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Low spreads, user-friendly interface	Suitable for small to medium capital
Professional Account	Experienced traders	High leverage, advanced trading tools	Requires trading volume qualifications
Corporate Account	Corporate clients and institutions	Customized services, multiple trading options	Requires corporate documentation
Islamic Account	Traders requiring swap-free trading	No overnight fees, compliant with Sharia law	Requires verification of religious status
Demo Account	New traders and those testing strategies	Virtual trading environment, no risk	No initial deposit required

Account Opening Process

To open an account with MONEY SQUARE, follow these steps:
1. Submit personal information, including your full name, date of birth, and contact details.
2. Provide employment details, including your job title and employer’s information.
3. Disclose financial information, such as income and trading experience.
4. Complete identity verification by uploading a government-issued ID and proof of address.
5. Once your initial account is approved, you may upgrade to a professional account later if you meet the eligibility criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive for minor pairs
CFDs (Stocks)	0.1%	$5 per trade	Varies by stock
CFDs (Commodities)	0.2%	$5 per trade	Efficient for commodity trading
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

MONEY SQUARE also has various other fees to consider:
– Deposit/Withdrawal Fees: Generally free, but third-party fees may apply.
– Inactivity Fees: Charged if the account remains dormant for more than 12 months.
– Platform Usage Fees: No fees for using the trading platform.
– Overnight Interest (Swap Rates): Applicable for positions held overnight.
– Currency Conversion Fees: Charged on conversions at a rate of 1% of the converted amount.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

MONEY SQUARE is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

MONEY SQUARE User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

20%

4 star

60%

3 star

12%

2 star

4%

1 star

4%

Terry Adams

Los Angeles, CA

★ ★ ★ ★ ★

I have been using MONEY SQUARE for years, but the recent changes to their platform have made it almost unusable. The customer service is terrible; I often can’t reach anyone when I need help. I had a serious issue with my account being flagged and couldn’t access my funds for over two weeks. This has severely impacted my business. I do not recommend them at all.

Emily Nguyen

New York, NY

★ ★ ★ ★ ★

MONEY SQUARE has potential, but my experience has been frustrating. The withdrawal process is slow and cumbersome. I’ve had transactions held up without clear communication from support. I appreciate some features, but the lack of timely assistance is a dealbreaker for me.

James Taylor

Chicago, IL

★ ★ ★ ★ ★

Overall, I am satisfied with MONEY SQUARE. The platform is user-friendly and has made managing my sales much easier. Transactions are processed quickly, and I appreciate the reporting features that help me track my income. My only complaint is that customer support could be more responsive during peak hours.

Sarah Johnson

Miami, FL

★ ★ ★ ★ ★

I have had an excellent experience with MONEY SQUARE! It has streamlined my payment processing and allows me to manage everything from one app. The speed of transactions is fantastic, and customer service has been very helpful whenever I’ve needed assistance. Highly recommend to other small business owners!

Japan Market