Solidinvesting Forex Broker

Note: Solidinvesting's official website - https://solidinvesting.io/ is currently inaccessible normally.Solidinvesting Review SummaryFounded/Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket InstrumentsForex currency pairs, commodities, and indexesDemo Account✅LeverageUp to 1:300EUR/USD Spread0.4 pipsTrading PlatformMT5Min Deposit$250Customer SupportEmail: support@solidinvesting.ioAddress: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown Solidinvesting was registered in Saint Vincent and the Grenadines. It offers trading services related to forex currency pairs, commodities, and indexes. Besides, it provides 3 types of accounts, among which the minimum deposit is $250 and the maximum leverage is 1:300. However, it is not regulated, and potential risks cannot be ignored.Pros and ConsPros Cons Demo accounts availableInaccessible websiteVarious account choicesLack of regulationCommission-free accounts offeredLimited tradable asset classesFlexible leverage ratiosWithdrawal fees chargedTight EUR/USD spreadsMT5 supportedPopular payment optionsIs Solidinvesting Legit? No, it is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that client transferring is prohibited. Therefore, please be aware of the potential risks!What Can I Trade on Solidinvesting?Tradable Instruments Supported Forex Currency Pairs✔Commodities✔Indexes✔Shares❌Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type/Fees Solidinvesting provides 3 types of accounts, including Starter Account, Intermediate Account, and Expert Account. Besides, demo accounts are also available.Account TypeMax LeverageSpreadCommissionStarter1:100From 0 pips❌Intermediate1:200From 0.3 pips€15/millionExpert1:300From 1.3 pips€23.5/millionLeverage The leverage can be up to 1:300. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.Trading Platform Solidinvesting uses MT5 as its trading platform, which is suitable for experienced traders and is a highly recommended platform.Trading PlatformSupported Available Devices Suitable forMT5✔PC, web, mobileExperienced tradersMT4❌/BeginnersDeposit and Withdrawal Solidinvesting supports several types of payment options, including credit cards, wire transfer, and e-payment. Besides, certain amounts of withdrawal fees are charged.Payment OptionMin Deposit Min WithdrawalWithdrawal FeeWithdrawal Processing Time Credit Card$250$250$35Usually within 24 hoursWire Transfer$100$50E-Payment$25