Solidary Prime Forex Broker

AspectInformation Company NameSolidary Prime Registered Country/AreaNew Zealand Founded Year2023 RegulationNot Regulated Minimum Deposit$10 Maximum LeverageUp to 1:200 SpreadsStart from 0 pips Trading PlatformsSolidary WebTrader; Social Trading; Solidary Prime platforms Tradable AssetsForex, Metals, Stocks, Raw Materials Account TypesStandard, Top, Elite, Pro Demo AccountYes Customer SupportContact Form & Online Chat Deposit & Withdrawal MethodsFairpay, European Bank (SEPA), NetellerSolidary Prime Information Solidary Prime is a relatively new online trading platform established in New Zealand, providing a variety of financial products for trading. The biggest advantage of this platform is its low transaction fees, especially the spread, which is very attractive to high-frequency traders. However, the biggest disadvantage of Solidarity Prime is its lack of regulation. This could put your investment at risk.Pros and Cons ProsCons Provides access to various financial markets such as forex, metals, stocks and raw materialsLack of regulation. Basic and intuitive interface designOffers only contact forms and online chat for support, with no phone or email options Offers virtual private servers for advanced tradersNo MT4 or MT5 platform available Offers low spreads starts with 0 pips, and commission rates ranging from $0 to $3.95 per lotIs Solidary Prime Legit? Solidary Prime is not regulated by any regulatory authorities. Although they claim registered in Seychelles with a registration number 8433877-1 holder of an FSA license with number SD180 and registered address at Office 9, Neenu's Building, Providence, Mahe, Seychelles. Its regulatory information cannot be found on the websites of FSA.What Can I Trade on Solidary Prime? Solidary Prime provides a variety of financial products, including forex, metals, stocks and raw materials, with more than 61 pairs of trading varieties. And provides dedicated VPS. Tradable InstrumentsSupported Forex✔ Indices✔ Shares❌ Energies❌ Commodities❌ ETFs❌ Metals✔ Dedicated VPS✔ Futures❌ Raw materials✔Account Type Solidary Prime offers four account types with varying commission structures and spread rates, all featuring leverage up to 1:200 and the ability to trade a wide range of financial instruments.And Solidary Prime also provides demo accounts.Solidary Prime Fees The fees of Solidary Prime is more competitive than the industry. Trading Fees Solidary Prime's commission fees vary by account type, ranging from $0 to $3.95 per lot. Spread starts with 0 pips.Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for which type of traders MT4❌// MT5❌// Solidary WebTrader✔ Minimum lot sizeFrom 0.01Flexible optionsFunding and withdrawalNo trading restrictionsOrder executionIn a few millisecondsTraders seeking flexibility and efficient execution. Social Trading✔ Diversify your operationsLearn while you investGenerate a communitySaves time and effortBeginers or those seeking to mitigate risk. Solidary Prime✔//Deposit and Withdrawal The minimum deposit to start trading with Solidary Prime is $10. Deposit Options Deposit OptionsMin. DepositFeesProcessing Time Fairpay$10Commission: 6%1-12h European Bank (SEPA)10€From 10€ to 5000€: 12€o;From 5001€: 17€ + 0,06% (Max. Fee 250€)1-3 laborable days Neteller$10Commission: 4.09%1-12h Withdrawal Options Withdrawal OptionsMin. WithdrawalFeesProcessing Time European Bank (SEPA)$10From 10$ to 1000$: 20€From 1001$ to 4999$: 25€From 5000$: 30€ + 0,08%1-3 laborable days Neteller$10Commission: 2%1-12hCustomer Service Solidary Prime offers customer support in English and Spanish. While Solidary Prime's customer service options are quite limited. You can only reach them via contact form and online chat. Contact OptionsDetails PhoneNone EmailNone Support Ticket SystemNone Online ChatYes Social MediaFacebook: https://www.facebook.com/solidaryprimenz;Twitter: https://x.com/solidaryprime;Instagram Supported LanguageEnglish; Spanish Website LanguageEnglish; Spanish Physical AddressOffice 9, Neenu's Building, Providence, Mahe, Seychelles. Contact FormYesThe Bottom Line Solidary Prime offers a competitive trading environment with low fees and a user-friendly platform. However, the lack of regulation by major financial authorities raises a red flag about the safety of your funds. If regulation is not a major problem, Solidary Prime can be suitable for experienced traders acceptable with a proprietary platform and limited customer support.FAQs Is Solidary Prime a safe trading platform? No, Solidary Prime is a very young broker (established in 2023) that is not regulated by any major financial agencies, so utilizing it bears some risk. Is Solidary Prime a suitable broker for beginners? While Solidary Prime provides a user-friendly platform, the lack of regulation and insufficient customer assistance make it difficult for newcomers. Is Solidary Prime good for day trading? Solidary Prime might be suitable for day trading due to its competitive fees and access to a variety of financial instruments.