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Review 2026: Solid Regulation, Account Opening, and Key Risk Signals

WikiFX | 2026-07-13 16:00

Abstract:Solid has a moderate visible risk profile: it is shown as regulated by the Cyprus Securities and Exchange Commission under license 065/06, but its WikiFX Score is 5.73 and its influence rating is D. The main caution from the available data is not an obvious scam signal, but limited trading-condition transparency and one reported account-opening delay.

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Executive Summary (TL;DR): Solid is listed as a Cyprus-based broker established in 2006 and regulated by the Cyprus Securities and Exchange Commission, with Solid Financial Services Ltd named under license number 065/06. Its WikiFX Score is 5.73, which should be treated as a live data point rather than a permanent safety verdict. The available evidence points to a regulated broker with some transparency gaps, slower service responses, and one trader report about a lengthy account-opening process.

Before you find a broker and decide to deposit, the first question is not whether the website looks professional. It is whether the available evidence gives you enough confidence to trust the company with your money and personal documents. In this review, Solid appears as a Cyprus broker founded in 2006, with its official website listed as https://www.solid.com.cy and marked as legal in the provided WikiFX data.

For anyone checking a broker in the Forex space, Solids profile is mixed but not empty. The strongest positive point is visible regulation. The weaker points are the D influence rank, limited public trading-condition details in the provided data, and a user case describing a slower account-opening experience.

Regulation and Safety

Solid is shown as regulated by the Cyprus Securities and Exchange Commission, translated from the source as Cyprus CySEC. The regulated entity is listed as Solid Financial Services Ltd, with regulation number 065/06 and status marked as “Regulated.” The broker is also described as headquartered in Cyprus and established in 2006.

That matters. A broker under Cyprus CySEC regulation is not the same risk category as a broker with no visible regulator in the source data. CySEC oversight generally gives traders a clearer legal and supervisory framework than an unregulated offshore setup. Still, regulation should not be read as a blank cheque. You should always match the company name, license number, and website before opening an account or sending funds.

The available regulation status is therefore a meaningful positive signal, but it does not remove the need for basic verification. If you proceed, check that the account agreement, payment recipient, and contact domain are consistent with Solid Financial Services Ltd and the listed website. A mismatch would be a serious warning sign.

WikiFX Score and Market Visibility

Solids WikiFX Score is 5.73. This is a live risk indicator, not a fixed judgment forever. It suggests that Solid is not presented as a top-tier low-risk profile in the available WikiFX data, even though it has a stated regulator.

The brokers influence rank is D. The source also says its influence is mainly distributed in Vietnam, with an average influence index of 4.20. Search-source data is listed as Google 87.88%, Image 6.56%, and Yahoo 5.56%. These details do not prove misconduct, but they do tell you something about visibility: Solid does not appear, from the provided data, to have a broad or highly influential global profile.

For you as a trader, that means the safety check should be practical. Do not rely only on brand age or the existence of a website. Use the license number, regulator name, and official contact details as your baseline checks before depositing.

Trading Conditions: What Is Missing

The provided data does not include key trading-condition details such as maximum leverage, spreads, commissions, minimum deposit, account types, trading platform type, or product range. It also does not provide a trade environment grade, average slippage, execution speed, swap cost, or reconnect data.

This missing information matters because Forex trading risk is not only about whether a broker is regulated. Trading costs, leverage, execution quality, and withdrawal terms all affect your real outcome. If Solid is on your shortlist, ask for written details on spreads, commissions, margin requirements, swap charges, and withdrawal rules before funding an account.

The source data also states that cryptocurrency is not allowed and EA trading is not allowed. Beyond that, there is not enough information here to make a fair comparison with other brokers on pricing or platform performance.

Platform and Account Access

No MT4, MT5, proprietary platform, mobile app, or platform-performance information is provided in the source data. That means this article cannot fairly judge Solids platform quality or execution tools.

There is still one simple account-safety habit worth following: only use the official website listed in the data before entering any login credentials or personal verification documents. The listed website is https://www.solid.com.cy. If you receive links through messaging apps, ads, or unofficial emails, verify the domain carefully before you login or upload identity documents.

This is not a claim that Solid has login problems. The available data does not show that. It is simply the right security approach whenever broker access and account verification are involved.

Trader Complaint: Account Opening Took Longer Than Expected

The available exposure case is not a withdrawal complaint or a fraud accusation. It is a user report from Thailand, dated 2024-08-07, d “It took longer to open.” The trader said opening an account with Solid took longer than with other brokers such as Exness and FP Markets. According to the user, Solid explained that its checking process was very strict. The user ended the comment by saying they had nothing else to add. ![Account opening delay report](https://h8imgs.zy223.com/app/2024/08/1751682983/20240807_549485.jpeg)

This case should be read carefully. A slower account-opening process can be frustrating, especially if you are ready to trade. But stricter checks are not automatically negative; regulated brokers often need to review identity, residency, and suitability documents. The practical issue is communication. If checks take longer, the broker should explain what is pending and how long the next step may take.

If you apply, keep copies of all documents submitted, use the official contact channels, and avoid depositing large amounts before the account approval and withdrawal process are clearly understood.

Customer Service and Contact Channels

Solids customer service is shown as supporting English in one region. The listed contact channels are telephone and email: +357 25363680 and solid@solid.com.cy. The source says users can receive most relevant replies, but the waiting time may be relatively long. It also lists online customer support as an advantage.

This fits the account-opening complaint pattern: the broker may respond, but not necessarily quickly. Before sending money, test the support channel with a specific question about fees, withdrawals, verification timing, and account access. The quality and speed of that reply can tell you a lot about what the service experience may feel like after you become a client.

Final Verdict: Should I open an account?

Solid has one clear strength in the available data: it is listed as regulated by Cyprus CySEC, with Solid Financial Services Ltd under license number 065/06. It also has a long establishment history, dating back to 2006. These are meaningful points for a safety review.

The caution is that the available WikiFX data does not show enough trading-condition or platform detail to judge costs, execution, leverage, or account structure. The WikiFX Score of 5.73 and D influence rank also suggest that you should not treat the broker as risk-free. The single user case points to slow account opening rather than confirmed fund loss.

A cautious trader could consider Solid only after verifying the CySEC license, confirming the official website and contact details, and getting written answers about trading terms and withdrawals. Start small if you proceed. Status changes daily. Before depositing, check the WikiFX App for the latest real-time certificate.

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Related broker

Regulated
Solid
Company name:Solid Financial Services Ltd
Score
6.70
20+ years | Regulated in Cyprus | Market Making License (MM) | Suspicious Operational Region
Score
6.70

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