About SolidusX
Company Overview
SolidusX is the trading name of Digital Genius Group Ltd, a company registered in Saint Vincent and the Grenadines. Founded on November 17, 2022, the broker operates out of Beachmont Business Centre in Kingstown. It presents itself as a multi-asset brokerage offering retail clients access to leveraged trading in forex, commodities, indices, and cryptocurrencies. The broker's registration in an offshore jurisdiction without a financial services regulator is a key characteristic that defines its operational framework.
Regulation and Licensing
As of our knowledge, SolidusX holds no regulatory licences from any financial authority. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction that does not require forex brokers to obtain a license to offer services. This means that clients trading with SolidusX are not covered by any investor protection schemes, such as compensation funds or negative balance protection, which are commonly mandated in regulated jurisdictions like the UK or EU. Traders should be aware of the heightened risk associated with unregulated brokers.
Account Types
SolidusX claims to offer five distinct live account types, which likely cater to different levels of trading capital and experience. While specific details are not publicly available, such structures typically involve varying spreads, commissions, and minimum deposit thresholds. The broker also likely provides a demo account for practice, though this is not confirmed. The account types may include standard, premium, or Islamic (swap-free) options, but official documentation is sparse.
Trading Platforms and Instruments
The broker provides a Web trader platform and mobile trading apps, allowing clients to access the markets from any device with an internet connection. The platform likely includes basic charting tools, technical indicators, and order management features. SolidusX offers a range of tradable instruments: forex pairs (major, minor, and exotic), commodities (such as gold, silver, oil), global stock indices, and various cryptocurrencies. Leverage up to 1:200 is advertised, which is relatively conservative compared to other unregulated brokers.
Customer Support and Education
SolidusX maintains a presence on Facebook, LinkedIn, and Twitter/X, which may serve as channels for customer interaction and updates. The broker likely offers email and possibly phone support, though this is not formally stated. Educational resources, such as articles or webinars, are not evident from available information. The lack of a comprehensive support infrastructure is a consideration for traders who may need timely assistance.
Overview compiled by FXCanary from regulatory records and public data. full SolidusX review