Solidary Markets is an online financial services provider that is based in Dunedin, New Zealand. They provide traders with the MT4 and a proprietary trading platform for trading several financial markets, including forex, indices, metals, CFDs, and more. The broker operates the STP/ECN execution model and offers a range of favourable trading conditions, such as tight spreads, leverage of up to 1:300, social trading, and the ‘Synergy Trading Project’, which is an innovative managed accounts/portfolio investment strategy. Traders also get access to a selection of useful trading tools and learning materials, while their responsive client support team is always ready to assist.
Solidary Markets Review Introduction
In this Solidary Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Solidary Markets.
Solidary Markets Platforms & Tools
Solidary Markets provides traders with the MT4 trading platform, a popular trading platform that is used by a majority of forex and CFDs traders globally. The platform has a user-friendly interface that is designed to suit both beginners and expert traders. It offers a wonderful trading experience with its vast array of built-in trading tools and advanced trading functionalities. The broker offers the desktop, web, and mobile versions of the MT4 trading platform.
The broker also offers its own trading platform called the SMFX Trader. The platform allows its users to trade multiple assets with ease. It is available as a WebTrader that can run directly on modern web browsers without the need to first install any application. There is also the SMFX mobile trading platform that is compatible with Android and iOS devices and can be downloaded from the respective app stores.
In addition to the trading tools built into the provided trading platforms, clients also benefit from some useful trading tools, such as VPS, Forex Calendar, Autotrade by MyFXbook, and more.
Solidary Markets Research & Education
The broker’s website contains some relevant learning articles and an FAQ section that is designed to answer clients’ most common questions.
Solidary Markets Trading Accounts
Traders are allowed to choose the account type that best suits their individual trading needs from a choice of three trading account options. They include Standard, Top, and Elite accounts. The least deposit required to open an account is $50, and a commission fee of $3.95 is charged on trades.
Solidary Markets Account Funding
The following payment methods are accepted for both account deposits and withdrawals at Solidary Markets: credit/debit cards, bank transfers, and online payment processors (Neteller and Skrill).
Solidary Markets Customer Service
The broker’s client support team is available 24/5 to respond to clients’ inquiries via telephone, email, Live Chat, and social media.
Solidary Markets Regulation
Solidary Markets is not regulated by any known financial authority. However, it maintains strict operational and procedural policies in all aspects of its business to make sure it is up-to-date on its clients’ obligations.
Solidary Markets Review Summary
Solidary Markets is an online forex and CFD broker that is headquartered in New Zealand. They offer access to multiple financial markets via various trading platforms. Traders are provided with a selection of useful trading and learning tools. There is a minimum deposit requirement of $50 to begin trading. However, there is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this Solidary Markets review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Solidary Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.