“I like SolidECN because of the quick market execution which I utilize just before the news release.
I trade the news with a small deposit of $20 even though the minimum deposit is $1. This really made it easy for me to get started (but that didnt get far xD;).
The tight spreads starting from 0.3 pips and fee-free trading help keep trading costs low.
Recommend”
“I've been using SolidECN for some time now. Their low $2.50 commission, minimal spreads, and no deposit fees or minimum requirements are appealing.
It's rare to find a broker with such a friendly cost structure.”
“I've been trading with Solid ECN for a few weeks now, and I must say it has been an okay experience so far. One thing to note is that they exclusively offer the MetaTrader 5 (MT5) platform, which took some getting used to for me. Personally, I had a preference for the MT4 platform, but I understand that it will take time to adapt.”
“The speed of executing trades really stands out – it's super quick. I can juggle multiple trades at once without annoying delays, Figuring out forex trading isn't a walk in the park, but I'm definitely making progress. I'm using all those tools Solidecn provides – the techie stuff and the fundamental info – and it's helping a lot.
Also I have to mention the spreads For GU and EU, they're usually tight, which is great.”
“I've been keeping an eye on USDZAR and USDMXN trades using Solidecn. I like to go for short positions because Solidecn lets me hold them for a week without any swap charges. The only issue is that good chances to short these currencies haven't been showing up often in the market. But on the bright side, even though I'm not getting many good trades, I'm not losing either thanks to the stop-loss that always triggers. Solidecn's no-swap offer is also a nice touch.”
“I tend to avoid USDJPY and USDCHF when trading with solidECN due to their notably negative swap rates: -28 and -14 points respectively. These rates stem from interest rate differentials, where I'd be paying higher interest on borrowed currencies. I prefer more liquid pairs like GBPUSD, where the swap rates are -3 and -7 points, making them a more favorable choice for my trading strategy.”
“I'm happy that Solidecn didn't restrict me from claiming the 15% deposit bonus even after wipiing out three accounts. The bonus helped me get into some great positions, and over three months, I managed to make more profit than losses. It goes to show that these extra perks can be quite beneficial.”
“Dealing with SolidECN has been pretty competitive. They've gained my trust with their upfront approach. I can keep an eye on my trades and stay updated on market forecasts. Their 15% Deposit Bonus came in handy. The nice thing is, their bonus policy is straightforward – the required margin doesn't change with the bonus.”
“The decision by SolidECN to no longer support bank transfer deposits and withdrawals has left me with mixed emotions. Transitioning to the crypto route will certainly require some adaptation and getting accustomed to a new process. However, one favorable aspect is that SolidECN allows me to maintain my account without incurring any inactivity fees, providing me with the opportunity to conduct thorough due diligence and make well-informed decisions.”
“I must admit, besides favourable trading conditions and fast execution the broker doesnt have much to offer.
Nevertheless, the leverage they provide, especially the impressive 1:1000 for Forex, allows for enjoyable and flexible trading opportunities. I particularly like their low 2% margin requirement, as it enabled me to open multiple orders without much hassle. Although the leverage on indices is capped at 1:50, the overall trading experience on Solid ECN remains positive, thanks to their impressive leverage options and efficient execution.”
“When it comes to trading with this broker, I've noticed a difference in performance based on the size of my account. Personally, I've found that trading with a small account is more favorable in this case. This is primarily due to the fact that once my capital exceeds $1000, the leverage offered by the broker decreases significantly from 1:1000 to 1:500. As a result, I tend to utilize this broker specifically for news trading purposes.”
“I had mixed feelings about the bonus offered by Solid ECN based on my personal experience. On one hand, it provided me with a welcome increase in margin, which gave me more flexibility in my trades. However, I felt disappointed when I realized that news trading was restricted while using the bonus. Despite this limitation, the extra margin proved useful in effectively managing my positions.”
“I find it advantageous to have the ability to trade with minimal restrictions on this platform. It allows me to freely pursue high-volume scalping and hedging strategies without facing excessive limitations. While the broker's choice to disallow arbitrage trading is a sensible decision, I appreciate their overall flexibility in accommodating my aggressive trading style.”
“Trading with solidecn for 5 months has been alright. Low spreads on major pairs and favorable conditions for crypto CFD trading withdrawals are processed in time. Overall, I'm generally satisfied with their services.”
“I started with a small balance, and the account seems to be functioning adequately. The account type I opted for is the MICRO account, which offers instant execution. Which is the only drawback for me Unfortunately, the account does not offer a swap-free option.”
“Whether I'm trading forex, cryptocurrencies, or indices, their tight spreads, low commissions, and minimal slippage ensure that I can execute trades with confidence and minimal expenses.”
“After exploring various brokers, I found Solid ECN to offer a unique combination of pros and cons. While their deposit bonuses may not be the most enticing I've come across, the trading conditions they provide surpass those of any other broker I've tried. The competitive spreads, fast execution, and reliable platform make trading with Solid ECN a standout experience. Ultimately, the focus on excellent trading conditions outweighs the slightly underwhelming deposit bonuses.”
