Solidary Markets review
Solidary Markets FX is a broker that offers trading currencies and binary options on the MetaTrader 4 platform. The company allows traders to open cent accounts. According to the information on the website, Solidary Markets is not required to register with the Financial Services Providers (FSPR) as the broker’s activities are beyond the jurisdiction of the New Zealand Financial Services Law of 2008.
The market order execution based on the STP technology reduces the risk of the broker's failure to fulfill its obligations. Liquidity providers are the world's largest banks such as UBS, Bank of America, BNP Paribas, Morgan Stanley, etc.
Traders can choose one out of four account types:
Trading instruments are the same for all four accounts, that is 45 currency pairs, metals, and binary options.
Commissions, leverage, and spreads depend on the account type.
Today binary options trading has become a very popular way of investing funds in financial markets. Solidary Markets FX offers to start trading just in three steps: select an asset, set the amount of money and make a forecast. The price will go either up or down.
The advantages of binary options trading with Solidary Markets FX:
Besides, the broker provides its clients with the AutoTrade service by Myfxbook. The advantages of Autotrade:
Depositing and withdrawal of funds
Solidary Markets’ clients can replenish an account through bank transfer (2-5 working days), credit cards (1-12 hours), and Neteller and Skrill payment systems (1-12 hours). The broker accepts USD and EUR. Withdrawal of funds is possible through the same methods. Processing of both depositing and withdrawal requests takes the same time regardless of the method used, except for credit cards. In this case, processing may take from 2 to 5 working days.
If a trader withdraws less than USD/EUR 5,000, commission fees are not charged, provided that less than 15 days have passed since the last withdrawal of funds.
Solidary Markets 3/10 (votes 2196)