SolidCFD Broker Review

SolidCFD Broker Review
Ines Matkovich
SolidCFD is a relatively new Vanuatu regulated broker that appeared on the market only recently. They offer forex and CFD trading and are promising the superior trading experience to all traders who open an account with them. They claim to have integrated not only the hottest underlying assets but also trading signals, trading academy and... Read more
SolidCFD is a relatively new Vanuatu regulated broker that appeared on the market only recently. They offer forex and CFD trading and are promising the superior trading experience to all traders who open an account with them. They claim to have integrated not only the hottest underlying assets but also trading signals, trading academy and daily market reviews that ought to help traders place their trades more successfully. In this review, our readers will find out more about this unregulated broker. SolidCFD review delivers an in-depth analysis of account types offered, trading software, customer support and depositing and withdrawing methods and conditions.
3.5
  1. SolidCFD is a relatively new Vanuatu regulated broker that appeared on the market only recently. They offer forex and CFD trading and are promising the superior trading experience to all traders who open an account with them. They claim to have integrated not only the hottest underlying assets but also trading signals, trading academy and daily market reviews that ought to help traders place their trades more successfully.

    In this review, our readers will find out more about this unregulated broker. SolidCFD review delivers an in-depth analysis of account types offered, trading software, customer support and depositing and withdrawing methods and conditions.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk
  3. SolidCFD Special features

    SolidCFD established four different account types for traders with different needs. The prices range from $250 minimum deposit to $50,000 and depending on how much they deposit traders get a different set of features.

    Beginner Account

    • Minimum deposit – $250
    • 24/5 support service
    • Mobile trading
    • Personal broker
    • Full access to learning academy

    Classic Account

    • Minimum deposit – $2,500
    • Benefits of beginner account
    • 1 on 1 CFD training with a senior broker
    • Up to 20% bonus
    • Trading alerts

    Pro Account

    • Minimum deposit – $10,000
    • Benefits of classic account
    • Up to 30% bonus
    • Free withdrawals
    • Analysis workshop

    VIP Account

    • Minimum deposit – $50,000
    • Up to 50% bonus
    • Benefits of pro account
    • Direct access to your manager via Skype, phone or WhatsApp
    • Appointments with a senior broker
    • Express request processing
    • Priority service with technical issues
    • Currency and stock rates
    • Personal platform tuition
    • Market news and portfolio updates
    • Solid care services

    It is hard not to notice how price tags on these accounts are quite high. While the first account costs the usual $250, the second in line is 10 times more expensive. We strongly suggest to all our readers to consider this before making a deposit, as it takes quite a sum to get more benefits. All accounts are also available as Islamic account types. Make sure to ask customer support on how to get this special status that enables trading under conditions that are in accordance to Muslim faith.

    SolidCFD Bonus Terms

    As it can be seen in the account descriptions above, almost every type of account has a special bonus attached to it. On the website, traders will also find a bonus policy. However, the terms and conditions of bonus are quite vague and only provide information on required trading volume and no other conditions. Considering that bonus terms should be transparent and available at all times, this is somewhat unusual. Before accepting the SolidCFD bonus, make sure to ask for more detailed terms and conditions. You can also decline a bonus. The required trading volume is x60.

    There are also special risk-free trades that are provided exclusively for traders who deposit more than $10,000. Bear in mind that funds will be refunded as bonus money, so if you don’t want to trade under bonus terms, don’t accept risk free trades.

  4. Try a simpler way of trading with FXMasterBot

  5. Become an FXMasterBot trader today

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  6. SolidCFD Trading software

    SolidCFD offers only a SpotOption platform. SolidCFD platform is available in two forms: as a desktop platform and mobile platform.

    SolidCFD Mobile Trading

    There is no special SolidCFD mobile app that you have to download and install. The trading interface is accessible from your favorite mobile browser thanks to the responsive design. Mobile trading is available on both tablets and mobile phones, but make sure you have a solid internet connection at all times. On the mobile platform, traders can access their account, make a deposit, ask for a withdrawal, execute trades, get live signals, follow charts and do analysis and read the news feed.

    SolidCFD Desktop Trading

    SolidCFD web trader is also web-based and looks like most SpotOption Platforms available on the market. Everything is neatly organized in tabs for easier and more straightforward trading. Traders can use stop loss and take profit features to achieve more efficient money management.

    SolidCFD also offers leverage up to 1:400. They also offer different leverage bonuses where for each $1 of leverage bonus a $50 worth trading is required in order to get a withdrawal. Even though SolidCFD claims to offer trading signals, this feature was not available during the SolidCFD review.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. SolidCFD Support information

    SolidCFD customer support is unfortunately not available via live chat. Live chat is preferred form of communication among trader and the broker so it is quite unusual that we found none in SolidCFD review. Traders can reach customer support via email, online form and phone (there are 10 phone numbers available for traders all over the world). You can also request a callback.

    The platform is available in English and German language. Traders also get access to V.O.D. education and academy, but only upon the registration.

  9. Try a simpler way of trading with FXMasterBot

  10. SolidCFD Payment Methods

    SolidCFD review showed how this forex and CFD broker has quite specific terms and conditions regarding depositing and withdrawing. Supported banking methods are:

    • Bank wire
    • Credit/debit cards
    • CashU
    • Qiwi
    • iDeal

    Bank wire payments have certain limitations. They are available for transactions over $5000 (or $2500 depending on the source on their website). The $25 fee is charged (or $50 according to terms and conditions). Credit card withdrawals carry no fees, but the fee may be charged by a third party. E-payments are charged with a $25 fee. All withdrawals from the account that haven’t produced more than $200 in turnover will be charged additional 10% fee. Minimum withdrawal for wire transfer is $250. Minimum withdrawal for other methods is $200. Withdrawal is possible only 30 days after the last deposit.  You can only withdraw up to $5000 per month. It takes up to 7 working days for the broker to finish processing the withdrawal request. In our opinion, these withdrawal conditions are somewhat unfavorable for the trader as they are extremely hard to meet. Also, the fees are higher than the industry average, and once they are all put into the equation, they significantly lower the profitability rate.

    SolidCFD is operated by LOK marketing Ltd. It is regulated in Vanuatu with the license number 14760.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

  12. Your capital is at risk
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