About SolidTrade
Overview
SolidTrade is a financial entity registered in the United Kingdom under the name SolidTrade, with its official domain at solidtrade.live. The company was founded on 20 December 2021, according to corporate records. Its registered address is 44 Bronhill Terrace, Lansdowne Road, London, N17 0LN.
At present, SolidTrade does not appear to have a significant public presence beyond its registration details. Independent information about its operations, product offerings, or target clientele is minimal, which makes it difficult to assess the firm's activities or credibility.
Regulation and Safety
Our records indicate that SolidTrade holds no regulatory licenses from any known financial authority. The firm is not listed with the UK Financial Conduct Authority (FCA) or any other major regulator. This absence of oversight is a notable concern for traders who prioritise a regulated environment.
FXCanary's proprietary Scam Risk Score for SolidTrade is 49 out of 100, placing it in the 'Guarded' risk category. This score reflects the lack of regulatory coverage and the limited verifiable information publicly available about the firm. Traders should weigh this risk carefully before engaging with the entity.
Account Types
No official details regarding account types, minimum deposits, or trading conditions could be sourced from public records or web searches. The absence of such information makes it impossible to describe the account offerings SolidTrade may provide.
Without verified data on leverage, spreads, or account tiers, potential clients are left to operate without a clear understanding of the trading terms. This lack of transparency is a further risk factor.
Trading Platforms and Instruments
SolidTrade's official website (solidtrade.live) was not accessible during our review, and no credible third-party sources list the platforms or instruments it offers. We cannot confirm whether the firm provides forex, CFDs, cryptocurrencies, or any other asset class.
Given the lack of verifiable information, traders should assume that the range of instruments and software is either unstated or non-existent in the public domain. This uncertainty adds to the overall risk profile.
Deposits and Withdrawals
No information regarding funding methods, withdrawal procedures, or associated fees is available for SolidTrade. The entity does not appear to publish any details on how clients can deposit or withdraw funds.
In the absence of such data, traders cannot evaluate the convenience, cost, or security of payment processing. This is a significant gap in the information required for informed decision-making.
Suitability
SolidTrade may be intended for traders comfortable with unregulated entities, but the severe lack of public information makes it unsuitable for most retail participants. Experienced investors who conduct extensive due diligence might consider it, but the risks are substantial.
New or inexperienced traders should avoid firms with no regulatory oversight and minimal transparency. Until SolidTrade provides clear, verifiable details about its operations, it cannot be recommended for any trader profile.
Overview compiled by FXCanary from regulatory records and public data. full SolidTrade review