About Solidinvesting
Overview
Solidinvesting is a forex and CFD broker registered in Saint Vincent and the Grenadines (SVG) since July 2021. The company operates under the domain solidinvesting.io and is headquartered at First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown.
The broker presents itself as an online trading service provider offering access to forex currency pairs, commodities, and indices. It targets retail traders with three account tiers and leverages up to 1:300. However, the firm operates without oversight from any major financial regulator, placing it in a high-risk category for traders.
Regulation and Safety
Solidinvesting holds no regulatory licence from any recognised authority. Its registration in Saint Vincent and the Grenadines does not constitute a financial services licence, as SVG does not regulate forex brokers. Consequently, client funds are not protected by any investor compensation scheme, and there is no external dispute resolution mechanism.
In FXCanary's assessment, the absence of regulation is a critical red flag. Traders should be aware that they are dealing with an unregulated entity, which significantly increases the risk of unfair practices or fund loss. The broker's scam risk score of 75/100 (Severe) reflects this lack of oversight.
Account Types and Trading Conditions
Solidinvesting offers three account types: Starter, Intermediate, and Expert. The minimum deposit across all accounts is $250, and maximum leverage varies by account: 1:100 for Starter, 1:200 for Intermediate, and 1:300 for Expert. The broker does not disclose typical spreads or commissions in its publicly available information.
Each account tier appears designed to suit different experience levels, with Expert offering the highest leverage for experienced traders. However, the lack of transparency on trading costs and execution details makes it difficult to evaluate the true cost of trading. Additionally, no demo account or educational resources are mentioned.
Instruments and Platforms
The broker claims to provide trading in forex, commodities, and indices. No specific instruments or contract specifications are listed, nor is the trading platform identified. It is unclear whether Solidinvesting uses MetaTrader, a proprietary platform, or another third-party software.
The absence of platform details is notable for traders who rely on specific charting tools or automated trading capabilities. Without this information, assessing the broker's technological reliability is challenging.
Target Audience and Suitability
Solidinvesting appears to target retail traders seeking leveraged exposure to global markets. The tiered account structure and moderate leverage (up to 1:300) may appeal to both beginners and more experienced traders. However, the broker's unregulated status makes it unsuitable for risk-averse traders or those requiring strong investor protections.
For traders considering Solidinvesting, the severe risk rating and lack of regulatory oversight are significant concerns. We advise conducting thorough due diligence and considering alternative brokers with credible regulation before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full Solidinvesting review