About NewSolid
Company Overview
NewSolid is registered in Hong Kong and was founded on 19 September 2017. The entity lists its registered address as Unit B, 20/F, Guangdong Investment Tower, 148 Connaught Road Central, Sheung Wan, Hong Kong.
The broker's official domain, solid9999.com, currently displays only a placeholder page indicating the domain is for sale. This suggests that the company may have ceased operations or never launched a functional trading platform under this domain.
Regulation and Licensing
The only regulatory information on file for NewSolid is an HKGX registration for Precious Metals Trading (AGN) in Hong Kong. HKGX is not a widely recognized financial regulator; crucially, it does not oversee retail forex or CFD brokers.
The status of this registration is listed as absent or unknown, and there is no evidence of oversight by any tier-1 authority such as the SFC in Hong Kong. Traders should treat the regulatory coverage as extremely limited.
Trading Instruments
Based on the available regulatory classification, NewSolid appears to have been positioned as a precious metals trading firm. No information is available about forex, CFD, or other asset classes being offered.
Without an active website or any marketing materials, it is impossible to verify the range of instruments that may have been promoted. The broker's intended audience and product focus remain unclear.
Account Types and Platforms
There is no publicly available information regarding account types, minimum deposits, spreads, or leverage offered by NewSolid. The domain's inactivity prevents access to any platform details.
Similarly, no trading platform (e.g., MetaTrader, proprietary web platform) has been identified. The lack of operational digital presence is a significant red flag for potential clients.
Funding and Withdrawals
No deposit or withdrawal methods have been disclosed for NewSolid. The broker does not list any payment options such as bank transfers, credit cards, or e-wallets.
Given the dormant domain and absence of customer-facing channels, the ability to fund an account or request withdrawals is effectively nonexistent at this time.
Risk Considerations
FXCanary has assigned NewSolid a Scam Risk Score of 85 out of 100, indicating a severe risk profile. This high score reflects the lack of verifiable regulation, the inactive official website, and the absence of independent user feedback.
Traders should be extremely cautious when considering any engagement with this entity. The combination of an obsolete domain and non-transparent regulatory status makes NewSolid a highly questionable broker.
Overview compiled by FXCanary from regulatory records and public data. full NewSolid review