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The technology behind Solid ECN provides for quicker executions and tighter spreads with higher leverage and greater transparency. You can withdraw the amount exceeding the total amount of deposit made via card (your solid ecn profit) to any electronic payment system available in your Personal Area. Please, kindly be reminded that you can monitor the status of your financial requests in the client portal.
Side steping that swap after 7 days
With higher leverage, there is a higher chance of making more profits provided https://www.xcritical.com/ that the market moves in favor of your position. Overall this is a good broker and their support is on point. I do urge them to fix the inconsistent information on their site as soon as possible.
Is Solid ECN Regulated in the USA?
The bonus applies to deposits into all account types, and profits generated from the bonus can be withdrawn at any time, the broker promises on its website. We would like to remind you that Visa/Mastercard is a payment system that allows only a refund of the deposited funds. This means that you can withdraw via card only the sum not exceeding the sum of your deposit (up to 100% of the initial deposit can be withdrawn back to the card). The amount over the initial deposit (profit) can be withdrawn to other payment systems. The United States has stringent tax laws which are almost impossible to evade. Forex traders are required to pay taxes on their profits.
Does Solid ECN Accept US Clients as of 2024?
The market execution and spread from just 1 pip. Fast and efficient execution on all my trades. And with no fees and a minimal trade size of just 0.01 lot, this broker offers great value for money. Like many of the brokers we review here on FX-List, Solid ECN offers trading on the MetaTrader platform.
A special thing to note about Solid ECN is that all deposit methods are processed free of charge by the broker. In addition, the broker also says that it will cover the cost of transfers made by clients for deposits into trading accounts. However, the broker does charge a fee for withdrawals, making this deal a bit less attractive overall.
Depositing funds into the account was instantaneous, without any extra commissions. The trading process was smooth and familiar, using the MT5 platform, offering high leverage, and efficient order processing. I didn’t encounter any delays or technical issues. I acknowledge that there might be brokers with better spread conditions. Still, their spreads, especially with ECN account, are appealing to me.
Also have a look on some review sites like here and FPA for example. I’d say, look for them on forexpeacearmy for review and brokersome to check conditions. Obviously the conditions are available themselves also on their own website. They have got a lot of different features that make it easy for me to trade and they are also very good at solving any issues that I may encounter. The demo with Solidecn is a bit sluggish, which surprised me. However, when I switched to the live account, everything was smooth and speedy.
Solid ECN Micro Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution. Good ECN broker that offers tight spreads on Major FX pairs. I focus mainly on UG pairs and in comparison to other brokers the spreads are tight and the order execution is fast. This is a broker I can recommend for fast order execution, which is good for scalpers like myself.
More specifically, this broker has chosen the MetaTrader 5 (MT5), which is a newer version of the original MetaTrader 4 (MT4). The platform comes packed with a whole range of functionalities, and is therefore a preferred choice for both beginners and veteran forex traders alike. I’ve been trading here for a few months now, and I’ve had no issues with deposits or withdrawals.
I’ve been with Solidecn for about 4-5 months, and I haven’t encountered any major issues. News trading can be a bit tricky, as with any broker. However, their responsive customer service and overall reliability make me recommend them confidently. The execution happens quickly, and the spreads are all tight.
- Tight spreads, true ecn, crypto withdrawal are accepted, kyc verificiation is easy for people.
- The technology behind Solid ECN provides for quicker executions and tighter spreads with higher leverage and greater transparency.
- Anyway, I decided to rely on Trustpilot to find a new broker.
- They were quick with withdrawals, very efficient.
- However, I don’t recommend swing trading due to the high leverage.
Did you friend give any reason why they’re recommending this broker? If you’d want to expand your choices, you might want to check the other brokers on this list. I like how fast they process withdrawal requests, even on weekends. But after I made the first deposit I found out some bad reviews saying they do not give money back… Naturally, I got worried, but did some research and decided to give it a shot (since the money already was there).
Anyway, I decided to rely on Trustpilot to find a new broker. And I found Solid ECN, and they have been my trusted broker for over two years now. Really like their transparency, trading conditions, and speedy order execution (I use the ECN pro account).
In the micro account, spreads were noticeably wider, around 2 pips, making it harder for me to make profit. But in the standard account, spreads are much tighter, around 0.3 pips minimum. Plus, SolidECN doesn’t mess with spreads during news, which is great for me. Overall, the standard account is better for trading because of tighter spreads and more consistency. The broker accepts clients from nearly all countries in the world.
As a result, the majority of online forex brokers do not accept US clients because they can not meet the regulatory requirements of the US authorities. High leverage and CFD trading are restricted in the USA. However, many forex traders still opt for trading CFDs with high leverage. That is why many traders settle for offshore forex brokers. I started trading with SolidECN recently, and it’s been a great experience.
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The best feature is the Auto Transfer which lets me instantly withdraw all of my funds at any time. The educational material is also really useful, especially because they offer API Trading so I can trade on my own. I experience fast order execution, especially during the new york session with this fx broker, I recommend them for their ecn conditions and low latency. The positive swap rate offered by Solid ECN on certain currencies is a great benefit for me and I am sure other swing traders.
It’s a bit strange – their demo could use improvement to match the impressive performance of the live platform. Whether it’s a technical issue or a general inquiry, they’ve consistently provided prompt assistance, contributing to a smooth and stress free trading. It’s this kind of support that enhances my confidence in SolidECN as a reliable platform for my trading activities.
I believe in simple price action and like this broker, I also believe “less” is “more”. I’ve been trading with Solid ECN for a few weeks now, and I must say it’s been an OK experience so far. One thing to note is that they solely offer the MetaTrader 5 (MT5) platform. Personally, I have a preference for the MT4 platform. I really like the low 0.1% margin on gold at SOLIDECN.