Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Solid ECN Pros & Cons
- Wide selection of tradable assets.
- Low entry threshold of 1 USD.
- Possibility to use leverage.
- Provision of trading accounts with different characteristics.
- Access to passive income generation.
- Advanced MT5 trading platform.
- Trading bonuses on each deposit.
- Lack of reliable regulation.
- Limited choice of payment methods.
- Inability to invest funds in managed accounts (MAM and PAMM), ready-made asset portfolios, or ETFs (exchange-traded funds).
TU Expert Verdict
Solid ECN carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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Solid ECN User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of Solid ECN have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is Solid ECN Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.2 /10Solid ECN has a safety score of 4.2/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4.3 /10Solid ECN offers the following account options: Demo, Standard, ECN/Raw spread, Micro.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Standard account with balanced trading conditions
- Forex account with Micro lots
- Demo account
- No Swap Free account
- No VIP account option
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology3.2 /10Solid ECN received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.8 /10Solid ECN offers a limited selection of trading assets compared to the market average. The platform supports 200 assets in total, including 50 Forex pairs.
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Trading Account Opening
We successfully registered an account with Solid ECN in 8 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Solid ECN is $10.Score:We evaluated Trading Account Opening at Solid ECN by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at Solid ECN by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5.1 /10
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FAQs
What does the regulation and safety information reveal about Solid ECN’s risk level?
Solid ECN has a safety score of 4.2/10 and is classified at a Low security level, with Tier-3 regulation from the Mwali International Services Authority (MISA) in The Comoros. The broker offers negative balance protection and KYC verification, but it is not Tier-1 regulated, has no specified investor compensation fund, and has a relatively short track record since 2020, which may indicate higher regulatory risk compared with more established, higher-tier jurisdictions.
How do reviews describe Solid ECN trading commissions, spreads, and non-trading fees?
The commissions and fees of Solid ECN are rated with a score of 8/10, indicating generally low trading and non-trading costs in this review. The section notes tight EUR/USD spreads on Standard accounts (typically 0.1–0.3 pips), ECN commissions of $4 per lot with average 0.1-pip spreads on major pairs, and no inactivity, deposit, or withdrawal fees according to the analyzed data.
What account types does Solid ECN provide and what key conditions are mentioned in reviews?
Solid ECN offers Demo, Micro, Standard, ECN/Raw, and Islamic accounts, but does not provide Cent, VIP, or managed accounts according to the review. The minimum deposit is stated as $1 for all accounts, though at least $5 is needed for Micro and $10 for Standard and ECN to cover margin, with maximum leverage of 1:1000 and varying execution types and minimum lot sizes depending on the account.
Which markets and tradable assets are highlighted in reviews of Solid ECN?
The review states that Solid ECN supports 200 tradable assets, including 50 currency pairs, along with stocks, commodity futures, cryptocurrencies, and stock indices. It also notes that bonds, ETFs, options, PAMM investing, and managed accounts are not available, while a copy trading option is offered.
What do reviews and feedback say about Solid ECN customer support availability and channels?
Customer support at Solid ECN is described as available 24/7 via phone, email, and Live Chat, with an additional contact form on the website. Reviews note that response times are moderate and basic assistance is provided, but the quality and specificity of answers can vary, and some requests may require follow-ups.
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Thank you for your feedback. However, please note that the Solid ECN team never contacts users to offer any services. It is very likely that the call you received was fake.