ForexQ.com
FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Square

E-money institution · United Kingdom

About the company

Legal company nameSquareup Europe Ltd · Block, Inc.
Year founded2014
Headquarters / registered countryLondon, United Kingdom
Websitesquareup.com/gb/en
Last checked08.10.2026

According to its official website, Square is a brand of the Block, Inc. group offering businesses payment acceptance and business management tools; its UK services are provided by London-based Squareup Europe Ltd. Products include the Square Terminal, Reader, Register, Handheld, Stand and Kiosk hardware; point-of-sale software, Tap to Pay on iPhone, online store, virtual terminal, payment links, invoices and online ordering; and marketing, loyalty, gift card, customer and team management tools. On the money side it offers next-day payouts, paid instant transfers, the Square Card, cash advances and loans based on sales; the site states that Square loans are not regulated by the FCA. There are tailored solutions for restaurants, retail, beauty and services. According to its payment terms, Squareup Europe Ltd is incorporated in England and Wales (company no 08957689) and authorised by the FCA under the Electronic Money Regulations 2011 for issuing electronic money and providing payment services (900846). According to Companies House the company was incorporated in 2014. This information is the company's own statement.

Account Details

ACCOUNT TYPESBusinesses (from small businesses to enterprises)
MIN. DEPOSITNot stated
PLATFORMSSquare POS app (iOS and Android) · Square Terminal, Reader, Register, Handheld, Kiosk · Web dashboard
PRODUCTSCard readers and POS · Tap to Pay on iPhone · Online store and payment links · Virtual terminal and invoices · Square Card and instant transfers · Cash advances and loans · Loyalty and gift cards

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 900846
Licence holderSquareup Europe Ltd
ScopeListed in the FCA register as an Authorised Electronic Money Institution under Squareup Europe Ltd (FRN 900846) since 15 Mar 2018.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: October 2025 – October 2026

  • Account / trading conditions: 45
  • Other: 25
  • Identity verification: 10
  • Withdrawal / payment: 7
  • Customer support: 6

No. 134 for most complaints among the 532 institutions with complaint records (918 institutions listed on the site).

RANK BY TOPIC — Account / trading conditions: 87. · Other: 11. · Identity verification: 61. · Withdrawal / payment: 308. · Customer support: 197.

SOURCES REVIEWED

The complaint distribution is based on the latest 1-star reviews on Square UK's Trustpilot page (93) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Square name are left out. Across the complaints, allegations of accounts being closed without explanation and funds being held for long periods, hardware and software problems, and document verification processes stand out.

Sources and verification history

Official company sourcessquareup.com/gb/en — homepage, payment terms (legal/general/payment); App Store app Square Point of Sale (seller Block, Inc.)
Regulator recordsFCA — Squareup Europe Ltd, FRN 900846 (register.fca.org.uk)
Company registerCompanies House — SQUAREUP EUROPE LTD., company no 08957689, incorporated 25 Mar 2014
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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