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4.32/10
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
Minimum deposit:
  • 50 USD
Trading platform:
  • WebTrader
Regulation:
Foundation date:
  • 2010
15
users picked this broker in 3 months
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Our Evaluation of Solidary Prime

4.32/10
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 Prime is a broker with higher-than-average risk and the TU Overall Score of 4.32 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Solidary Prime 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 Prime

Solidary Prime (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 Prime 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.

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Solidary Prime Trading Conditions

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: Webtrader
📊 Accounts: Standard, Top, Elite, Pro
💰 Account currency: USD, GBP and EUR
💵 Deposit / Withdrawal: FairPay, Bank Transfer, Neteller
🚀 Minimum deposit: 50 USD
⚖️ Leverage: 1:200
💼 PAMM-accounts: Yes
📈️ Min Order: 0.01
💱 EUR/USD spread: 0,1 pips
🔧 Instruments: Forex, metals, energy, commodities, indices, stocks
💹 Margin Call / Stop Out: 75%/5%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Order execution: ECN/STP
⭐ Trading features: No
🎁 Contests and bonuses: No

Solidary Prime Key Parameters Evaluation

User Satisfaction i

Score:
3.3/10

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caberathna
16 weeks ago

Unique trading opportunities and excellent support. A wide range of assets and high leverage help me implement my strategies with maximum efficiency. What's more, FX Solidary Markets' fast order execution and tight spreads make trading comfortable and profitable.

Des opportunités de trading uniques et un excellent support. Une large gamme d'actifs et un effet de levier élevé m'aident à mettre en œuvre mes stratégies avec une efficacité maximale. De plus, la rapidité d'exécution des ordres et les spreads serrés de FX Solidary Markets rendent les transactions confortables et rentables.

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weLLoo
18 weeks ago

I really like the FX broker Solidary Markets. Reading the reviews about the company, I noticed that no one complained about withdrawal problems, quote manipulation or unfavorable conditions. This immediately gave me a good impression. I've been trading here for 6 months now, and my initial expectations have been fully met - no problems at all.

J'aime beaucoup le courtier FX Solidary Markets. En lisant les commentaires sur la société, j'ai remarqué que personne ne s'est plaint de problèmes de retrait, de manipulation des cotations ou de conditions défavorables. Cela m'a immédiatement donné une bonne impression. Je trade ici depuis 6 mois maintenant, et mes attentes initiales ont été pleinement satisfaites - aucun problème.

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noellajubackfq5
2 years 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
2 years ago

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

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Douglasjah
3 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".

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RudolphEt
3 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.

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naashif
4 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 ....

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 criteria
2.5/10

Regulation and safety

Solidary Prime has a safety score of 2.5/10, 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.

Advantages
  • Negative balance protection
  • Track record over 15 years
Disadvantages
  • Not tier-1 regulated
  • Not regulated

Solidary Prime Security Factors

Foundation date 2010
Negative balance protection Yes
Verification (KYC) Yes

Solidary Prime is Not a Regulated Broker

Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.
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 criteria
6/10

Commissions and fees

The trading and non-trading commissions of broker Solidary Prime have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.

Advantages
  • Tight EUR/USD market spread
  • No inactivity fee
Disadvantages
  • Above-average Forex trading fees
  • Deposit fee applies
  • Withdrawal fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Solidary Prime with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Solidary Prime’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Solidary Prime Standard spreads

Solidary Prime Pepperstone OANDA
EUR/USD min, pips 0,3 0,5 0,1
EUR/USD max, pips 0,9 1,5 0,5
GPB/USD min, pips 0,1 0,4 0,1
GPB/USD max, pips 0,8 1,4 0,5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Solidary Prime RAW/ECN spreads

Solidary Prime Pepperstone OANDA
Commission ($ per lot) 3 3 3,5
EUR/USD avg spread 0,1 0,1 0,15
GBP/USD avg spread 0,2 0,15 0,2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Solidary Prime. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Solidary Prime Non-Trading Fees

Solidary Prime Pepperstone OANDA
Deposit fee, % 0-6 0 0
Withdrawal fee, % 0-0,08 0 0
Withdrawal fee, USD 20-30 0 0-15
Inactivity fee ($, per month) 0 0 0
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 methodology
4.45/10

Deposit and withdrawal

Solidary Prime received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

Solidary Prime offers limited payment options and accessibility, which may impact its competitiveness.

Advantages
  • Minimum deposit below industry average
  • Bank wire transfers available
  • Low minimum withdrawal requirement
  • Bank card deposits and withdrawals
Disadvantages
  • PayPal not supported
  • Limited deposit and withdrawal flexibility, leading to higher costs
  • Only major base currencies available

What are Solidary Prime deposit and withdrawal options?

Solidary Prime offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire, Skrill, Neteller, BTC. This limitation may restrict flexibility for users, making Solidary Prime less competitive for those seeking diverse payment options.

Solidary Prime Deposit and Withdrawal Methods vs Competitors

Solidary Prime Plus500 Pepperstone
Bank Wire Yes Yes Yes
Bank card Yes Yes Yes
PayPal No Yes Yes
Wise No No No
BTC Yes No No

What are Solidary Prime base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Solidary Prime supports the following base account currencies:

What are Solidary Prime's minimum deposit and withdrawal amounts?

The minimum deposit on Solidary Prime is $50, while the minimum withdrawal amount is $20. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Solidary Prime’s support team.

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.
5.25/10

Markets and tradable assets

Solidary Prime offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 60 Forex pairs.

Advantages
  • Indices trading
  • Crypto trading
  • 60 supported currency pairs
Disadvantages
  • Limited asset selection
  • Copy trading not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Solidary Prime with its competitors, making it easier for you to find the perfect fit.

Solidary Markets FX Plus500 Pepperstone
Currency pairs 60 60 90
Total tradable assets 100 2800 1200
Stocks Yes Yes Yes
Commodity futures Yes Yes Yes
Crypto Yes Yes Yes
Stock indices Yes Yes Yes
Options No Yes No

Investment options

We also explored the trading assets and products Solidary Prime offers for beginner traders and investors who prefer not to engage in active trading.

Solidary Markets FX Plus500 Pepperstone
Bonds No No No
ETFs No Yes Yes
Copy trading No No Yes
PAMM investing Yes No Yes
Managed accounts No No No

Contacts

Foundation date 2010
Registration address 1st Floor Harvest Court, 218 George Street, Dunedin, 9016 New Zealand
Official site https://solidaryprime.trade/
Contacts

Comparison of Solidary Prime with other Brokers

Solidary Prime Eightcap XM Group RoboForex Exness 4XC
Trading
platform
SMFX Webtrader, SMFX MobileTrader MT4, MT5, TradingView MT4, MT5, MobileTrading, XM App MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT5, MT4, WebTrader
Min deposit $50 $100 $5 $10 $10 $50
Leverage From 1:1
to 1:200
From 1:30
to 1:500
From 1:1
to 1:30
From 1:1
to 1:2000
From 1:1
to 1:2000
From 1:1
to 1:500
Trust management No No No No No Yes
Accrual of % on the balance No No No 10.00% No No
Spread From 0 points From 0 points From 0.8 points From 0 points From 0 points From 0 points
Level of margin call
/ stop out
200%  /  100% 80%  /  50% 100%  /  50% 60%  /  40% 60%  /  No 100%  /  50%
Order Execution Market Execution Market Execution Market Execution Market Execution, Instant Execution Market Execution, Instant Execution Market Execution
No deposit bonus No No No No No $50
Cent accounts No No No Yes Yes No

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