Forex Solid ECN Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.1

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.3

Business 1.6

Risk Control 1.9

Software 2.6

Regulatory 2.1

Terminal Snapshot

Solid ECN Trading Conditions

Registered Region Comoros

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@solidecn.com

Contact Number +2693284355

Website solidecn.com

Balanced Review

Pros & Cons

Pros

Regulated by Mwali International Services Authority
Diverse trading instruments across forex, commodities, and cryptocurrencies
Utilizes advanced MetaTrader 5 trading platform
Competitive trading conditions with low spreads and high leverage
24/5 customer support available through multiple channels

Cons

Lack of reliable regulation, raising safety concerns
Limited payment methods, primarily focusing on cryptocurrencies
Customer support availability is unclear, potentially causing delays
Insufficient educational resources for traders
Inconsistent trading experience reported by users

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Solid ECN	Grand Markets	BDSwiss	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Comoros	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.1/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Solid ECN Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Micro Account	Beginners	Low minimum deposit, fast execution	Minimum deposit of $1, suitable for small-capital practice
Standard Account	General Traders	Competitive spreads, no commissions	Minimum deposit of $1, ideal for regular trading
ECN Account	Professional Traders	Raw spreads from 0 pips, commissions apply	Minimum deposit of $1, requires a higher trading volume

Account Opening Process

To open an account with Solid ECN, follow these steps: Visit the official Solid ECN website and click on the “Open an Account” button. Fill out the registration form with your personal information, including your first and last name, email address, and phone number. You will also need to submit identification documents for verification, which may include a government-issued ID and proof of address. Once your account is created and verified, fund your account using one of the accepted payment methods. After funding, you can download the trading platform and start trading. It is also worth noting that there is flexibility in account types, allowing for upgrades to a professional account later on if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 0	$4 per side	Competitive spreads for active traders
CFDs (Stocks, Indices, Commodities)	From 0.3	$0	Available across various asset classes
Cryptocurrencies	Variable	$0	Trading conditions may vary

Other Fees

Other potential fees to consider include deposit and withdrawal fees, which are not specified in the available information, inactivity fees, and any applicable overnight interest (swap rates). Additionally, currency conversion fees may apply for transactions in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Solid ECN User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York

★ ★ ★ ★ ★

I’ve had a frustrating experience with Solid ECN. While the platform has great features, I’ve encountered serious issues with withdrawals. It took over a week for my request to be processed, and customer support was unhelpful when I reached out for assistance. Not sure if I’ll continue trading with them.

Emily Johnson

Toronto

★ ★ ★ ★ ★

Solid ECN has been fantastic for my trading! The execution speed is impressive, especially during news events. I appreciate the low minimum deposit and the competitive spreads. Their customer support has been responsive whenever I needed help, making my trading experience smooth and enjoyable.

Michael Brown

London

★ ★ ★ ★ ★

I had a terrible experience with Solid ECN. I tried to withdraw my funds, but they sent my money to the wrong wallet and now I’m left with nothing. Their customer service was not helpful at all, and I feel scammed. I would not recommend this broker to anyone.

Sophia Lee

Sydney

★ ★ ★ ★ ★

Overall, I have had a good experience with Solid ECN. They offer a solid trading platform with great tools for analysis. The spreads are tight, and I find it easy to execute my trades quickly. My only complaint is the lack of educational resources, but the trading conditions make up for it.

Comoros Market