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Solid ECN is a legally registered forex broker located in the Saint Vincent and the Grenadines, but not regulated by any government agency.
Solid ECN accepts clients from all over the world, excluding some jurisdictions where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 45+ Currency Pairs | Based on major and minor world currencies. |
| 8 Currency Futures | Based on major world currencies. |
| 40+ Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Binance Coin, Cardano, Algorand, My Neighbor Alice, Cosmos, Avalanche, Axie Infinity, Compound, Dogecoin, Polkadot, Dash, Enjin Coin, EOS, Filecoin, ICP, Illuvium, Miota, Kava, ChainLink, LiteCoin, Aave, Terra, Maker, Decentraland, Polygon, Near, NEO, OMG, Qtum, Siacoin, Sandbox, Solana, Stacks, Theta, Uniswap, VeChain, Stellar, Monero, Ripple, Tezos, Yearn Finance, Yield Guild Games, Zcash, Zilliqa. |
| 11 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 4 Metal CFDs | Based on Gold, Silver, Platinum and Palladium. |
| 2 Energy CFDs | Based on Crude Oil (WTI, Brent). |
| 100+ Stock CFDs | Based on shares of US, UK and EU companies. |
Solid ECN is a forex & CFD broker based in Saint Vincent and the Grenadines, which is an offshore jurisdiction often used by forex brokers. As all brokers based there, Solid ECN is not regulated by any government agency. Being based offshore also means that this broker can offer trading conditions that are sometimes better than brokers based ‘onshore’, including high leverage of up to 1:1,000.
The broker accepts clients from nearly all countries in the world. Unlike most other forex brokers, Solid ECN does not have any explicit ban on US-based traders.
Like many of the brokers we review here on FX-List, Solid ECN offers trading on the MetaTrader platform. More specifically, this broker has chosen the MetaTrader 5 (MT5), which is a newer version of the original MetaTrader 4 (MT4). The platform comes packed with a whole range of functionalities, and is therefore a preferred choice for both beginners and veteran forex traders alike.
In addition to the standard downloadable version of MT5 for Windows computers, Solid ECN also offers the platform for Linux and Mac computers. In addition, a web-based version that can be used on any type of computer is also available.
In terms of trading accounts, clients with Solid ECN have the choice between the following four account types:
– Micro, with a minimum deposit of USD 1 and spreads from 2 pips
– Standard, with a minimum deposit of USD 10 and spreads from 0.3 pips
– Holy (swap-free), with a minimum deposit of USD 10 and spreads from 1 pip
– ECN, with a minimum deposit of USD 10, spreads from 0 pip, and commission-based trading
As an unregulated broker, Solid ECN is free to offer deposit bonuses and other promotions that are often banned in other jurisdictions. This is something Solid ECN has taken advantage of, offering a 40% deposit bonus. The bonus applies to deposits into all account types, and profits generated from the bonus can be withdrawn at any time, the broker promises on its website.
A special thing to note about Solid ECN is that all deposit methods are processed free of charge by the broker. In addition, the broker also says that it will cover the cost of transfers made by clients for deposits into trading accounts. However, the broker does charge a fee for withdrawals, making this deal a bit less attractive overall.
The payment methods that are available from Solid ECN includes a range of cryptocurrencies such as Bitcoin, Ethereum and the stablecoin Tether (USDT). In addition, regular bank transfers and the traditional e-wallet Perfect Money are also available as payment options.
For any issues that require customer service, Solid ECN can be reached via a US phone number, email or live chat. Unfortunately, no information about working hours for the support team has been published by the broker.
In conclusion, Solid ECN is a broker that traders should be approached with some caution, given that it is completely unregulated. This means that there is no government agency to turn to in the event the broker goes under, or if any other type of problem should happen.
Still, being unregulated also brings with it certain benefits. For instance, Solid ECN offers some of the highest leverage in the industry, which we understand is tempting to some traders, as well as convenient funding directly with cryptocurrencies.
I haven't run into any issues with customer service yet. But I am struggling to be profitable here and ultimately losing money trading cryptocurrency. There are simply too many unpredictable factors in the market, nonetheless the spreads are okay here.
The positive swap rate offered by Solid ECN on certain currencies is a great benefit for me and I am sure other swing traders. Great broker.
Trading USDJPY at Solid ECN offers several benefits. One of the key advantages is the low spread. USDJPY is also a highly liquid currency pair, which means it is easy to enter and exit trades quickly and at favorable prices. This has helped me take advantage of short-term market movements and capture potential profits.
I am happy with SolidECN and would recommend it as a broker to anyone. The spreads are tight and the self-explanatory interface made it simple to trade both in long & short positions.
I'm quite pleased with my recent decision to sign up with SolidEcn. Their customer service is always on top of things and the bonuses that they offer are an added bonus! I have been trading for years now and never have I seen a broker offer such awesome bonuses. I highly recommend signing up with solid dang good broker.
I am so glad I found SolidECN. They have got a lot of different features that make it easy for me to trade and they are also very good at solving any issues that I may encounter.
I experience fast order execution, especially during the new york session with this fx broker, I recommend them for their ecn conditions and low latency.
I like how fast they process withdrawal requests, even on weekends.
The execution speed is quite fast. I place many trades at the same time without being affected by so much latency. I am not even using a VPS. Trading forex is not easy, but I think I am getting better)) while using all the technical and fundamental tools that Solidecn makes available.
This company's platform is pretty simple and gives me the core basic requirements that I need to succeed. Some people like autochartist tools and EAs. I believe in simple price action and like this broker, I also believe "less" is "more".
The best feature is the Auto Transfer which lets me instantly withdraw all of my funds at any time. The educational material is also really useful, especially because they offer API Trading so I can trade on my own. Overall, it's been a great experience! I recommend Solid ECN.
I deposited $5k then after 3 weeks of trading I made a $6k withdrawal via visa card. I was a bit confused to why this is the case, so I contacted support and I was informed that my withdrawal was reduced to match the deposit amount because the Visa card payment system allows only refund on deposited funds. It didn't make sense although my other $1k was then credited to my account then next day as instructed by the support agent. I do think it would cause less friction if withdrawals are processed in accordance to the stipulated amount provided the funds are available to withdraw.
Overall this is a good broker and their support is on point. I do urge them to fix the inconsistent information on their site as soon as possible.
Good ECN broker that offers tight spreads on Major FX pairs. I focus mainly on UG pairs and in comparison to other brokers the spreads are tight and the order execution is fast. This is a broker I can recommend for fast order execution, which is good for scalpers like myself.
Tight commissions and low overnight fees, recommend. It's possible to use crypto wallets, fast withdrawals.
The spread for trading bitcoin is usually between 1 to 2 pips which is very good in my opinion. I am trading with Solid ECN for a few weeks now and I had a smooth experience so far.
Tight spreads, true ecn, crypto withdrawal are accepted, kyc verificiation is easy for people.
Found this broker on fx-list after I sorted the list as brokers accepting US traders. I trade indices and the condition is just amazing.
They have support in French. Easy deposit, fast withdrawal, overall a good broker for traders in France.
The spread is almost zero on EURUSD and USDJPY, which is nice.
They returned 30% of the commissions I paid for trading with them. It was a nice gesture.
I started trading with solidecn mt5 micro account. Then I opened an ECN account. After I ran a few tests on their micro account. They have a $3 commission per lot on the ECN account which helps me to save lots of money as a scalper.
I believe that the features here make trading easy for a beginner and a pro trader. The broker has advanced trading tools, and it integrates news into the MetaTrader 5 in a way that makes it easy to be seen and applied to technical analysis. I have been making more informed trading decisions since I got here.
