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Solidary Markets FX Review 2024

4.72/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
  • SVGFSA
Foundation date:
  • 2010
Oleg Tkachenko
Written by Oleg Tkachenko
Contributor
Dr. BJ Johnson
Reviewed by Dr. BJ Johnson
Editor
Mirjan Hipolito
Fact-checked by Mirjan Hipolito
Cryptocurrency and stock expert
Updated:
4.72/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
  • SVGFSA
Foundation date:
  • 2010
2*
people picked this broker on the Traders Union website over the last 3 months
* This information is updated monthly
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Our Evaluation of Solidary Markets FX

4.72/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Solidary Markets FX is a broker with higher-than-average risk and the TU Overall Score of 4.72 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Solidary Markets FX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

Brief Look at Solidary Markets FX

Solidary Markets FX was founded by a team of traders committed to giving back to society the best opportunities the financial markets could bring. The company promotes equal trading conditions, and in particular spread, commission, and accessible technologies, for every trader regardless of the account balance. Solidary Markets FX is not a market maker, but operates as a bridge with the interbank market excluding any conflict of interest with the company's customers and ensuring a fair trading environment.

Solidary Markets FX Summary

Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

💻 Trading platform: SMFX Webtrader, SMFX MobileTrader
📊 Accounts: Standard, Top, Elite, Strategic Forex System Special Account
💰 Account currency: USD, EUR
💵 Replenishment / Withdrawal: Wire transfer, Neteller, Skrill
🚀 Minimum deposit: 50 USD
⚖️ Leverage: 1:300
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 Spread: min. 0-3.95$
🔧 Instruments: Forex, Commodities, CFDs, Crypto, Bullion
💹 Margin Call / Stop Out: 200/50%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: STP Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: No

User Satisfaction

Score:
2.6/10

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noellajubackfq5
1 year ago

I will support all negative comments about Solidary Markets FX. I am not satisfied with this broker. There is no real trade here. Everything is not real. Quotes are not real, trading as well. So they don't withdraw money. Even insignificant amounts.

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Mrozew
1 year ago

According to reviews of Solidary Markets, I refuse to take part in this circus, I almost replenished my account with a good amount.

0
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Douglasjah
2 years ago

It is not possible to enter the market at all even in "quiet" times. Market orders can be opened for 30 (!) seconds. Wild slips. In general, see for yourself by trying to trade with this "broker".

0
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RudolphEt
2 years ago

While delving into the intricacies of trading, I entrusted my deposit to the robot. I chose Solidary Markets FX precisely because there is a large selection of automatic advisors from the company's developers. I used to use the ones offered by MQL, but didn't like any of them. I will not say that from the first day I began to receive a stable income, but there are already shifts for the better. Another advantage of the Solidary Markets FX broker is trading without spreads - with a fixed commission per trade. For me, the advantage of such a commission scheme is that before opening a position, you can calculate the potential profit taking into account fees and choose the optimal lot with moderate risk according to money management rules.

0
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naashif
3 years ago

A week has passed, I'm waiting for my money. The delay is explained by the fact that there were holidays, but I do not like what I have already heard from them several times - there should be money tomorrow. Hope for the best, but do not deny the deception by the broker as people are complaining about it ....

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sheikaraf
3 years ago

The bank had been expecting a transfer from solidary markets for more than two weeks. According to the idea, the money should have been received within 5 days, but everything was delayed for me up to 16 days. There is no point in working with scammers

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billubd
3 years ago

These are scammers, only they have a different name - Solidary Markets FX! Razvodilovo is worse than the lottery. I tried to trade stocks here - a couple of days and no money! On the stock exchange the shares are in positive territory, but I am in the red! Divorce, stir up as they want!

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Comparison of Solidary Markets FX with other Brokers

Solidary Markets FX RoboForex Pocket Option Exness Vantage Markets FxPro
Trading
platform		 SMFX Webtrader, SMFX MobileTrader MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MT5, WebTrader, Mobile Apps MT4, MobileTrading, MT5, cTrader, FxPro Edge
Min deposit $50 $10 $5 $10 $50 $100
Leverage From 1:1
to 1:200 		From 1:1
to 1:2000 		From 1:1
to 1:1000 		From 1:1
to 1:2000 		From 1:1
to 1:500 		From 1:1
to 1:500
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0 points From 0 points From 1.2 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out		 200%  /  100% 60%  /  40% 30%  /  50% No  /  60% 100%  /  50% 25%  /  20%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Market Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No No
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Team that worked on the article

Oleg Tkachenko
Oleg Tkachenko Author and expert at Traders Union
  • Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies.

Dr. BJ Johnson
Dr. BJ Johnson Developmental English Editor
  • Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito
Mirjan Hipolito Cryptocurrency and stock expert
  • Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
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