Score

5.86 /10
Average

Solid

Regulated in Cyprus

Market Maker (MM)

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index6.67

Business Index9.01

Risk Management Index0.00

Software Index6.00

License Index6.32

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Solid Financial Services Ltd

Company Abbreviation

Solid

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-06-16
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Solid · Company summary
SolidReview Summary
Founded2006
Registered Country/RegionCyprus
RegulationRegulated by CYSEC
Market InstrumentsForex, Stocks, Funds, ETFs
Demo Account/
Leverage/
Spread/
Trading PlatformQUIK , BLOOMBERG
Minimum Deposit$0
Customer SupportEmail: solid@solid.com.cy
Phone: +357 25363680
Fax: +357 25363690
Address: Pamelva Court, office 405, 1 Anastasiou Sioukri Street, 3105 Limassol, Cyprus

Solid Information

Solid Financial Services Ltd is a legally registered and regulated financial institution that holds a Market Maker license (No. 065/06) issued by CySEC. Nevertheless, investors should carefully assess whether their products and services meet their needs and be aware of the potential risks.

Solid Information

Pros & Cons

ProsCons
24/7 SupportInformation incompleted
Long operational historyMT4/MT5 is not supported
Regulated well
No deposit requirement

Is Solid Legit?

Solid Financial Services Ltd is a financial institution regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a valid Market Maker license. This shows that the company is legally qualified to operate in the financial markets of Cyprus and is subject to certain regulatory protections.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Cyprus Securities and Exchange CommissionRegulatedSOLID FINANCIAL SERVICES LIMITEDMarket Maker (MM)065/06
license

What Can I Trade on Solid?

These instruments can be traded on Solid: Forex, Stocks, Funds, and ETFs.

Tradable InstrumentsAvailable
Forex
Stocks /Shares
Funds
ETFs
Commodities
Indices
Bonds
Cryptocurrencies
Options

Account Types

Solid offers two types of accounts: personal accounts and business accounts.

Account Types

Trading Platform

Solid offers two trading platforms: QUIK and BLOOMBERG.

QUIK is the largest trading platform created by Russian developers for securities, currencies, and not only on stock exchanges.

BLOOMBERG is a leading global provider of financial data, analytics tools, and news. Bloomberg's core product is the Bloomberg Terminal, a professional services platform for financial institutions, investors, corporations, and governments, providing real-time market data, trade execution, news, research, and analysis, and a variety of financial instruments.

Trading PlatformSupported Available Devices Suitable for
QUIKDesktop, Mobile, Web/
BLOOMBERGDesktop, Mobile, Web/
MT5/Experienced trader
MT4/Beginner

Deposit and Withdrawal

Opening an account with Solid does not require a deposit.

Deposit and Withdrawal

User Reviews

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User comment

1

Comments

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Dan!el
more than one year
It took longer to open an account here than with other brokers, like Exness and FP Markets. They said their check process is very strict. Well I have nothing to add. 🙃
It took longer to open an account here than with other brokers, like Exness and FP Markets. They said their check process is very strict. Well I have nothing to add. 🙃
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2024-08-07 12:12
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