Review on Solidecn
Disclaimer
Our reviews are subjective opinions based on the analysis of our independent writers from around the world. We recommend exercising your own judgment and verifying information independently. We cannot be held liable for decisions made based on our reviews.
Summary
About Solidecn
SolidECN.com is an online trading site that claims to provide access to forex, cryptocurrency, CFDs, commodities, stocks, and indices through an ECN‑style broker. The platform offers high leverage (up to 1:1000), fast execution via MetaTrader 5 (MT5), and services mainly through crypto deposits and withdrawals. It markets itself as a global broker with competitive spreads and advanced trading conditions.
Customer feedback is heavily polarized — some users praise its low spreads, fast execution and responsive support, while others report serious issues around withdrawals, disputed trading outcomes, and unresponsiveness from support teams. A notable characteristic is that the broker operates in the offshore trading space and is not licensed or regulated by top regulatory authorities, meaning protections that typically come with regulated brokers are absent here.
Because of this mix of positive trading conditions contrasted with serious complaints and regulatory ambiguity, Solid ECN sits in a medium‑risk category, and many traders are advised to proceed with caution and only risk what they can afford to lose.
More Details
1. Lack of Recognized Regulation (Major Warning Sign)
One of the most important safeguards for traders worldwide is regulatory oversight — by agencies like the FCA (UK), SEC (US), ASIC (Australia), or CySEC (EU). SolidECN.com does not hold regulation from top-tier authorities. This means client funds are not held in segregated accounts, and investors lack consumer protection safeguards that regulated brokers must provide.
This alone moves the platform out of the clearly legitimate category into high‑risk territory.
2. Conflicting Online Reputation
While some review sites host positive user experiences, others document alarming complaints:
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Users claiming withheld withdrawals.
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Accounts blocked after profitable trades.
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Confusion around fees, account verification, and profit legitimacy.
These types of complaints — especially when they involve retained profits — are red flags not to ignore.
3. Marketing vs. Reality
The platform promotes features like ultra‑high leverage and ECN trading, which can be attractive. However, unregulated brokers often exaggerate capabilities without delivering the protections that institutional traders expect.
4. Crypto‑Heavy Business Model
Relying primarily on crypto deposits and withdrawals can be convenient, but it also reduces traceability and makes dispute resolution harder if your funds are stuck.
Warning: Low score, please avoid this website!
According to our review, this website has a higher risk of being a scam website.
It may attempt to steal your funds under the pretense of helping you make money.
Notice: High Score — Not likely to be a scam website.
According to our review, this website has a low risk of being a scam.
There is minimal indication of fraudulent activity.
Notice: Moderate score — Caution advised.
According to our review, this website shows a moderate risk level based on current data.
There is no strong evidence of a scam, but users should proceed carefully.
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Competiting Brands
Photos of Solidecn
Pros
- Support & Community Feedback Some traders highlight fast support response times and help with login or platform setup. Replies to complaints are visible on review platforms, showing at least some engagement.
- User‑Friendly Interface The registration process is simple and quick. Many users report functional trading software with reliable performance.
- Competitive Trading Conditions Tight spreads, fast execution and near‑instant order fills attract scalpers and active traders. MetaTrader 5 integration allows access from desktop and mobile.
Cons
- Lack of Regulation No license from well‑known regulators (e.g., FCA, SEC, ASIC) — this is a major disadvantage for traders seeking safety and legal recourse.
- Mixed Feedback on Withdrawals Some users report withdrawal delays or withheld profits, which is a serious warning sign. Disputes over profit payouts and trading results have been reported.
Website Overview
Country:
Hong Kong
Operating Since:
2019
Platforms:
Desktop
Type:
Trading/investment
Spread:
N/A
Funding:
Trading/investment
Leverage:
N/A
Commission:
N/A
Instruments:
N/A
Keypoints
Withdrawals in crypto have been reported as processed without issues by some users.
Users praise fast execution and MT5 integration.
Customer support is sometimes described as responsive and helpful.
The website has been online for several years and has active user reviews.
Overall Score
1%
Final Thoughts
After viewing and analyzing the site thoroughly by our experts and undergoing the proper process, we have reached a final conclusion.
SolidECN.com demonstrates many traits of a functioning trading platform — including a professional website, MT5 access, active social proof, and a large number of user testimonials. However, functionality alone does not determine legitimacy.
The biggest concern is the lack of trusted regulation, combined with documented instances where traders report loss of funds, blocked withdrawals, or profits being reversed. Because of this, even though the platform may work for some users without issue, it cannot be confidently recommended as a safe or fully legitimate broker. Instead, it should be categorized as high risk with potential for dispute or loss.
Traders considering Solid ECN should:
Only invest what they can afford to lose.
Avoid storing significant capital on the platform.
Carefully verify withdrawal processes before depositing funds.
Seek regulated alternatives for serious or long‑term trading.
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