Up
Rating
Forex Broker
0
Brokers
0
Reviews

Solidary Markets review

Solidary Markets


On-line since: 2013
Country of origin: New Zealand
Regulation: -
Payment options: bank transfer, credit and debit cards, Neteller, Skrill
Minimum account size: $10
Minimum lot size: 0.01 lots
Leverage: up to 1:200
Spreads: floating, from 0.3 pips

About company:

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:

  • MINI: the minimum deposit is USD/EUR 10 and the maximum deposit is USD/EUR 200. After depositing, the funds will be automatically converted into cents.
  • Standard: the minimum deposit is USD/EUR/AUD 50.
  • TOP: the minimum deposit is USD/EUR/AUD 100.
  • Elite: the minimum deposit is USD/EUR/AUD 100.

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:

  • low minimum deposits necessary for trading, from USD/EUR 1
  • risk control (traders cannot lose more than the initial amount chosen for trading)
  • the MT4 and WebTrader platforms (trading currencies, CFDs, and binary options are available on one platform)
  • even if the price of an asset changes by just 0.1 pips at the direction a trader has chosen, he or she will gain profits which equal 50%-80% of the total amount of investments
  • a wide choice of currency pairs for binary options trading such as EUR/USD, EUR/JPY, GBP/JPY, USD/CHF, USD/CAD, AUD/USD, and AUD/NZD
  • the opportunity to get profits within one minute; the time of expiration can be chosen: 60 seconds, 2 minutes, 5 minutes, 10 minutes, 15 minutes, 30 minutes, 60 minutes, 4 hours, 24 hours, 5 days.

Besides, the broker provides its clients with the AutoTrade service by Myfxbook. The advantages of Autotrade:

  • Only winning strategies are displayed on the rankings page.
  • Traders can add, remove and allocate risks through their Myfxbook profile.
  • Clients get accurate statistics to aid them in making decisions.

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)
Author of Solidary Markets: SteadyKeith | Date 2021-10-21
Solidary Markets FX broker service isn't professional and I get a painful service. As I can't set an EA on the TradeTools FX platforms, Also their price quote always differs on the platform and order slippage 10 to 40 pips. Now I feel panic to trade with them. I had lost a $50 investment in a standard account, so I have tried to withdrawal my money back, but they cancelled my withdrawal. So I tried to complain about their regulated CNMV.
0
0
Author of Solidary Markets: Bodad | Date 2021-09-29
I am currently still working with Standard Account, while transaction was okay, spread is affordable as low as 0.3 pip. So, I normally trade on EUR/USD or USD/CAD as it has become my favorite currency pair as well. Platform system is working smoothly, and I also used MT4 and ct rader. This broker is honest and reliable so I don’t faced any issues about hidden fees. They have some impressive services and trading conditions are good. Unfortunately, their platform is a little slow, but it's ok for now. I hope to have good results with them.
0
0
Author of Solidary Markets: Jesse | Date 2021-08-11
Right now, I only opened a mini account at Solidary Markets because I want to gauge the market first. Thankfully, the broker offers this account type. I do not need to invest a huge amount right away. So far, the experience is going well and I feel that I am getting the hang of it.
0
0
Author of Solidary Markets: Frinch | Date 2020-09-07
The bonus offers are very competitive. And they work with meta trader 4, that is the best platform to work with. I get accurate statistics to aid me in making decisions. I have 2 accounts here. Mini accounts and standart account. Both of them are very profitable for my trading. I can find low spreads in this broker. Execution is fast, platform is stable and no requotes. On my mini account I have earned $ 200 in 3 weeks, my deposit at that time was $ 50. And on a standard account I also experience profits. I will continue to trade with Solidary Markets.
0
0
Author of Solidary Markets: Maryan | Date 2020-06-19
I opened a Top account type at Solidary Markets and I deposited the minimum required amount which is $100. So far, my trading experience is going well. The platform is stable and the trading cost is reasonable. It has only been four months as of now and but I can already see great trading results. I am looking forward to more earnings.
0
0
Author of Solidary Markets: Uthai | Date 2020-05-20
I'm also very well impressed with their loyalty program that offers a lot advantages for traders. I recommend to all, it's a great broker. I started investing $50 just to try the trading platform and I liked the fast execution of trades and fixed spreads. It's true that you can get 2 pips in major currencies. I got it with EUR/USD and other pairs. Also, I recommend the demo account.
0
0
Author of Solidary Markets: Serena | Date 2020-02-13
Just want to share my personal trading experience about Solidary Markets. My withdrawal request got approved today after I passed the highest level of account verification. I am very thankful for the quick assistance that was given to me since last week. I deposited $1000 to try and see for myself. So far everything is perfect. Execution is excellent, spreads are very low, get two times positive slippage. My account grew to $965. Last week I withdrew $1400 successfully through Skrill, and this is the first time I tried to withdraw it took a just two days.
0
0
Author of Solidary Markets: Clirina | Date 2019-11-11
I just realize that my account was frozen since 2 months ago. They said, that I have to add my deposit amount. And They said that my connection was so poor. But that was not true. I have the best connection during my trading. But they ignored my statement, eventough I sent the Screen Shoot. I got loss $500 when their connection was normal. It seems like they will steal more my money. I am looking for another broker.
0
0
Author of Solidary Markets: Laurencia | Date 2019-11-11
I believe with Solidary Markets and have been using them for almost 2 years. They are well managed and offered fix spread with good leverage and sharp execution. What I meant by sharp execution is order are sent well and trading platform is not freezing compare to others. To be honest I have made profit with them and requested 3 times withdrawal amount $300-$600 since February 2017. So far, when I requested withdrawal I never wait so long for them to be credited into my bank account. Platform is simple and easy to use and understand. Thanks !
0
0
Author of Solidary Markets: OxenFX | Date 2019-10-03
I have been trading with Solidary Markets FX around 4 months and I have only positive feedback. They offer fast execution and tight spread for major trading pairs even on high volatile market. ills, take profits, stop losses are quite good. My strategy works perfectly with their platform and I am making profit continuously. Yesterday I withdraw $800 via Neteller and I got my money to day morning. Overall rating is 10 from 10. No drawbacks so far.
0
0
Show more

Add comment
Text:
Brokers Reviews

RECOMMENDED BROKER
FOREX BROKER №1 IN EUROPE
30% bonus for EACH deposit
Leverage 1:1000

Forex charts and quotes





Special offers
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!