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Solid ECN (SolidECN) is a legally registered forex broker located in Mwali, regulated by the Mwali International Services Authority (MISA).
Solid ECN accepts clients from all over the world, excluding Turkey and some other 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 on various prominent coins and tokens. |
| 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 the Comoros Union, on the autonomously-governed island of Mwali, which is an offshore jurisdiction often used by forex brokers. As all brokers based there, Solid ECN is regulated by the MISA. 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 More specifically, this broker has chosen the MetaTrader 5 (MT5), which is a newer version of the original MetaTrader 4 (MT4).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 a lightly regulated 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, bank card 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 lightly regulated. This means that there is no strict government agency to turn to in the event the broker goes under, or if any other type of problem should happen.
Still, not being over-regulated 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.
Been trading with SolidECN for a couple of months. They've got good conditions, especially for crypto and scalping. Using MT5 here feels smooth.
SolidECN offers solid conditions for experienced traders. Crypto transactions are smooth and platform execution on MT5 is fast. Would recommend carefully due to lack of regulation.
Crypto deposits are processed almost instantly, and withdrawals have been hassle-free. While it's crypto-only, the process feels secure.
USDT withdrawal took 6 hours last time, but another one took almost 10. Works, but timing isn't always the same.
Started with their demo account and transitioned to live trading after a few weeks. No minimum deposit required, which is great for testing things out before committing more capital.
Crypto deposits are a must for me. So solidecn is one of the broker where I trade. No delays. Good spreads so far.
Tight spreads and fast execution make SolidECN great for scalping. Their MT5 has been working great with my EA so far.
Received my first withdrawal. Trustworthy, as expected.
This broker sucks, its been 16 hrs now, waiting to get approved for my withdrawal request.
Their demo account was helpful to get started. And no minimum deposit means anyone can begin trading.
SolidECN has been a reliable partner in my trading journey. Fast execution and tight spreads are exactly what I need for my day trading strategy. The platform is intuitive, and the support team is always ready to help.
Had an issue with my account login, and the support team at SolidECN was quick to respond. They fixed the issue within an hour, and I was back to trading. Overall, I'm happy with the service.
Competitive spreads on crypto pairs. The platform handles high volatility well, and I haven't experienced any major issues.
I had some issues with my deposit not reflecting in my account. The customer support team was responsive and sorted it out within a few hours. Great service overall.
The verification process was quick, and I was able to deposit funds and start trading within the same day.
I really like the low 0.1% margin on gold at SOLIDECN. It allows me to open more positions, which I find very beneficial. This flexibility lets me spread the risk accross my trades by making multiple entries at different positions and take advantage of more market opportunities.
I trade cross pairs like EUR/JPY and GBP/AUD. Despite the margin requirements being higher than for major pairs, which is normal, they're still lower than what I experienced with other brokers.
Fast verification, no deposit fee, and leverage up to 1:1000 for micro account =)
Fast verification, they accept crypto deposits, I use the prof account and deposit via ethereum. Love the mt5 platform. Highly recommend for new traders.
I started trading with SolidECN recently, and it's been a great experience. High leverage. I've chosen standard account to avoid high comission and pay a bit more for spreads. Mainly trade forex. The spreads are tight, usually around 0.2 pips for major pairs. Fast verification process and no deposit fee are big pluses.
on one side
+ tight spreads on major pairs like EUR/USD
+ withdrawals are processed smoothly and quickly
on other side...
- miss here good competitions and probably rebates
The broker is crypto-friendly, offering major pairs like BTC/USD and ETH/USD with tight spreads. High leverage up to 1:100 on cryptos.
I enjoy trading with this company. The execution happens quickly, and the spreads are all tight. It's a great outcome for me. But what really matters is that Solidecn withdraws money without any issues.
I can't recall exactly when I began, but my experience with Solidecn has been consistently positive. They ensure all trades are brought to the market fast, evident in their accurate quotes. I'm primarily involved in trading USD/GBP, EUR/USD, and USD/AUD pairs, although I dabble in a few others less actively. Withdrawals from my Solidecn account to my Binance crypto account are easy and regular, without any hitches. The reliability of their services has fostered trust in my trading endeavors. Whether it's monitoring market movements or executing transactions, Solidecn has consistently delivered. Their commitment to transparency and efficiency has made them my go-to choice in the trading sphere.
SolidECN accommodates aggressive scalping, which suits my trading style. They don't have any trade restrictions and allow hedging on two separate accounts. However, I don't recommend swing trading due to the high leverage. Despite this limitation, everything else is commendable, and I plan to continue trading here for the foreseeable future.
I've been with Solidecn for about 4-5 months, and I haven't encountered any major issues. News trading can be a bit tricky, as with any broker. However, their responsive customer service and overall reliability make me recommend them confidently.
Moved from the micro to the standard account. In the micro account, spreads were noticeably wider, around 2 pips, making it harder for me to make profit. But in the standard account, spreads are much tighter, around 0.3 pips minimum. Plus, SolidECN doesn't mess with spreads during news, which is great for me. Overall, the standard account is better for trading because of tighter spreads and more consistency.
Trading for few years. EA + news trading. ECN account chosen. Crypto withdrawals, usually within 1 day.
I've got to give props to SolidECN for their awesome range of withdrawal options. I've cashed out using USDT, Dogecoin, and even Perfect Money. It's super practical and caters to different preferences. This variety just makes the whole experience more user-friendly. Whether you're into crypto or more traditional methods, SolidECN's got you covered. It's not just about convenience, it's like they've tailored the whole thing to fit my way of doing things. Having these options is a game-changer, and it really sets SolidECN apart as a platform that gets what traders need.
Whether it's a technical issue or a general inquiry, they've consistently provided prompt assistance, contributing to a smooth and stress free trading. It's this kind of support that enhances my confidence in SolidECN as a reliable platform for my trading activities.
I really like Solidecn's ECN account, the orders are getting processed really quickly. It's super fast! And the best part is, the commission is really low – just $2 for FX. It's the cheapest I've seen, compared to other brokers.
The demo with Solidecn is a bit sluggish, which surprised me. However, when I switched to the live account, everything was smooth and speedy. It's a bit strange – their demo could use improvement to match the impressive performance of the live platform.
I first tried their demo, and after a month went live, because I loved the platform and low 0.3 pip spreads and $0 commision on a Standard Account.
But after I made the first deposit I found out some bad reviews saying they do not give money back... Naturally, I got worried, but did some research and decided to give it a shot (since the money already was there). I lost some and also made some, and after about a month I decided to withdraw part of the money and everything went smooth – no delays or anything like that. So, I guess there will also be no problems in the future (fingers crossed). It did give me a bit of anxiety though... It took me 8 hours to actually receive a confirmation from Binance that there's an incoming transaction.
In my perspective, with three years of trading experience, Solidecn appears somewhat late in the game in offering commission-free trading for micro and standard accounts. Nevertheless, their real innovation lies in introducing nano lot trading, a significant advantage for beginners with modest account sizes. With just $10, you can trade with a 0.002 lot size, allowing for meaningful participation in the market.
To further enhance the learning process, Solidecn could consider adding webinars, which would provide valuable educational resources for traders at all levels. This addition would not only benefit new traders but also contribute to the platform's overall appeal as a full trading solution.
I've been with SolidECN since my early days in trading. The low minimum deposit got me in. I'm not looking to build a huge account. My strategy is flipping $10 into another $10 daily, and it's working, thanks to their low spreads.
My time with this broker has been positive overall. They were quick with withdrawals, very efficient. Trading FX pairs is straightforward, and their provided analytics are useful. MetaTrader platform is practical, but it would be nice to see the broker try to be more innovative. The execution speed of less than 5 milliseconds is good, and the spreads are competitive. In summary, I have a favorable view of my time with Solid.
I have been trading with Solid for several months now. During this period, I haven't noticed any significant slippages, and the quotes appear to be stable without sudden jumps. Even if there were any minor slippages, they were not noticeable enough to affect my trading experience.
I acknowledge that there might be brokers with better spread conditions. Still, their spreads, especially with ECN account, are appealing to me. Since I primarily trade major currecy pairs, the offerings provided by Solid are sufficient for my trading needs.
Opening an account and verification process were hassle-free. Depositing funds into the account was instantaneous, without any extra commissions. The trading process was smooth and familiar, using the MT5 platform, offering high leverage, and efficient order processing. I didn't encounter any delays or technical issues.
When it came to withdrawing, I chose USDC and received the money within 40 minutes, which was impressive. On one occasion, I contacted their support chat regarding a bonus query, and they promptly connected with me and provided clear explanations.
I would say SolidECN is quite efficient.
I've been with SolidECN for over a year, and I've got to say, it's been a good experience. They have consistently given me a strong ECN trading environment with high-speed infrastructure and minimal delays. Their support is always quick to respond. I'm definitely satisfied with them.
Writing this review is long overdue for me. I wouldn't call this broker's spreads wide, but they're not the tightest either, especially in their newbie account, which I've moved on from. The raw spread account suits me as a day trader, perfect for scalping. Quick execution and same-day withdrawals add to the day trading excitement. It's the essence of day trading.
I've got nothing negative to say about SolidECN. Started with little trading knowledge, but their broker's guidance got me improving. Started on a demo. No withdrawal issues, and fees are fair. I'm on their standard account with spreads from 0.3 pips and zero fees. My only wish is for a 0.001 lot minimum trade like on their Newbie Micro account.
I made the mistake of not thoroughly researching my previous broker, which resulted in withdrawal issues. Anyway, I decided to rely on Trustpilot to find a new broker. And I found Solid ECN, and they have been my trusted broker for over two years now. Really like their transparency, trading conditions, and speedy order execution (I use the ECN pro account). Based on my experience, I wholeheartedly recommend this broker to others who want to avoid the issues I faced.
I've been trading with Solid ECN for a few weeks now, and I must say it's been an OK experience so far. One thing to note is that they solely offer the MetaTrader 5 (MT5) platform. Took me some time getting used to it. Personally, I have a preference for the MT4 platform.
I receive my deposits in full, instantly and without any deductions. A definite advantage!
I haven't encountered any unexpected charges or hidden costs during my time with them.
The market execution and spread from just 1 pip. Fast and efficient execution on all my trades. And with no fees and a minimal trade size of just 0.01 lot, this broker offers great value for money. I am enjoying it here.
I have experienced a trading revolution since transitioning to ECN forex trading at Solid ECN. The raw spreads and advanced trading tools provide a highly favorable environment for me to trade in.
This company's platform is pretty simple and gives me the core basic requirements that I need to succeed.
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.
