Squier Stratocaster was released as a more cost-effective variation of the Fender Stratocaster guitar. It was made to Fender Strat specification with some less expensive elements to make this guitar affordable for those who like classical Strat design but don’t want to spend much money on their first guitar. Squier Stratocaster is being manufactured mostly in Asia with a strict quality control from Fender Squier and will perfectly suit as an entry-level guitar.