Solidary Prime Commissions and Fees Overview



We, at Traders Union, conducted a thorough analysis of Solidary Prime's fees, resulting in a 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 of 6 /10. This corresponds to a Medium level. Here are some of the most relevant indicators of Solidary Prime’s fee structure:
Solidary Prime fees overview:
Standard account EUR/USD spread, min pips | 0,3 |
Standard account EUR/USD spread, max pips | 0,9 |
Avg. ECN spread EUR/USD | 0,1 |
ECN commission ($, per lot) | 3 |
Withdrawal fee, % | 0-0,08 |
Inactivity fee ($, per month) | 0 |
Solidary Prime Forex spreads and commissions
To assess the cost-effectiveness of Solidary Prime, we analyzed its spreads across the most popular account types. These were compared with the top two competitors that have high overall ratings and accept clients in your region.
Solidary Prime Standard account spread
Standard accounts at Solidary Prime offer floating spreads with a broker markup. They typically have higher spreads than ECN or RAW accounts but do not charge additional commissions per lot, ensuring a straightforward cost structure.
Solidary Prime | Plus500 | Pepperstone | |
---|---|---|---|
Floating spread EUR/USD, min pips The cost of 1 pip in USD for EUR/USD is $10. | 0,3 | 0,5 | 0,5 |
Floating spread EUR/USD, max pips | 0,9 | 0,9 | 1,5 |
Floating spread GBP/USD, min pips | 0,1 | 0,5 | 0,4 |
Floating spread GBP/USD, max pips | 0,9 | 0,9 | 1,5 |
Solidary Prime ECN/Raw account spread and commission
ECN/RAW accounts at Solidary Prime feature market-determined spreads without a markup. Despite a commission per lot, they are often more cost-effective for high-volume trading.
Solidary Prime | Plus500 | Pepperstone |
Industry average Based on the evaluation of over 200 forex brokers |
|
---|---|---|---|---|
ECN Commission per lot, $ |
3 | 3 | 3,5 | |
ECN Spread EUR/USD | 0,1 | 0,1 | 0,17 pips | |
ECN Spread GBP/USD | 0,2 | 0,15 | 0,21 pips |
What is Solidary Prime’s average EUR/USD spread?
The average spread on Solidary Prime varies depending on the type of account you choose and the current level of market volatility. For example, the typical spread for EUR/USD is around 0,1 pips on an ECN or RAW account, which usually comes with a commission, while on a standard commission-free account, the spread tends to be higher—about 0,4 pips.
Solidary Prime non-trading fees
We conducted an analysis of Solidary Prime’s non-trading fees to provide a detailed overview of the additional costs that may affect traders outside their regular trading activities.
Solidary Prime Non-Trading Fees
Solidary Prime | Plus500 | Pepperstone | |
---|---|---|---|
Deposit fee, % The indicated amount excludes potential fees charged by payment systems and banks. | 0-6 |
No
|
No
|
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. | 0-0,08 |
No
|
No
|
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. | 20-30 |
No
|
No
|
Inactivity fee ($, per month) |
No
|
10 |
No
|
What is the cost of executing one Forex lot with Solidary Prime?
The cost of executing 1 standard lot (100,000 units) with Solidary Prime depends on the account type and market volatility, which can vary significantly throughout the day. On ECN/RAW accounts, traders pay the market spread plus a fixed commission, while on Standard accounts, spreads may fluctuate more, but no commission is charged. We calculated the approximate execution cost for 1 lot during peak market hours.
Spread cost in USD | Commission ($ per lot) | Total cost in USD | |
---|---|---|---|
ECN/Raw account | 1 | 3 | 4 |
Standard account | 6 | 0 | 6 |
Understanding Forex trading costs
When evaluating a Forex broker, it is essential to consider several factors that can directly impact the overall cost of executing trades, beyond just the average spread. Here are some key considerations:
Liquidity and daily turnover
Higher liquidity and larger daily turnover generally lead to tighter spreads and reduced slippage.
Top 3 Forex brokers by trading turnover
Broker | Daily turnover ($, billion) |
---|---|
IC Markets | 29 |
Saxo Bank | 20,01 |
StoneX | 18,6 |
Order Execution Speed
Faster order execution can reduce slippage, helping to ensure that trades are completed at the expected prices. Execution speed is typically highest on ECN accounts.
Solidary Prime supports ECN trading execution, which typically offers the fastest speeds, tighter spreads, and direct access to liquidity providers
Free VPS
A free VPS provides a stable, high-speed connection, which can reduce latency and slippage, especially for automated trading systems and high-frequency trading. This helps ensure consistent performance and potentially lower execution costs.
Solidary Prime does not offer free VPS services. For traders seeking this feature, Pepperstone and OANDA are suitable alternatives, known for providing free VPS access to active traders and those with high trading volumes.
Solidary Prime extra services for active traders vs competitors
The table below compares the extra services offered by Solidary Prime for active traders with those of its competitors. These features can enhance trading efficiency and strategy implementation. The comparison showcases how Solidary Prime stands out in meeting the needs of active traders through its advanced tools, such as API and TradingView integration, and convenient options like one-click trading and support for scalping.
Solidary Prime services for active traders
Solidary Prime | Plus500 | Pepperstone | |
---|---|---|---|
API |
No
|
No
|
Yes
|
Signals (alerts) |
No
|
Yes
|
Yes
|
TradingView integration |
No
|
Yes
|
Yes
|
Trading bots (EAs) |
Yes
|
Yes
|
Yes
|
Scalping |
Yes
|
Yes
|
Yes
|
One click trading |
Yes
|
Yes
|
Yes
|
Minimizing trading costs: Expert tips
Choosing the right Forex broker is crucial for minimizing costs and boosting profitability. Below are expert insights from our recent fee analysis to help you make informed choices and maximize your trading returns.
When trading with Solidary Prime, exploring copy trading options could potentially help optimize your fee structure in several ways.
First, by following experienced traders, you might reduce the number of trades you personally execute, potentially lowering your overall transaction costs with Solidary Prime. Successful copy traders often have more efficient strategies, which could mean fewer trades and lower cumulative spreads or commissions.
Additionally, if you’re new to Forex, copy trading through Solidary Prime or its partners could help you avoid costly mistakes that often plague beginners, indirectly saving on fees lost to poor trades. Some copy trading systems also offer the ability to automatically adjust position sizes, which could help you manage risk and potentially reduce losses due to overtrading.
Of course, copy services sometimes have their own performance fees or subscriptions. However, consider how following experienced traders could improve your results and require less hands-on trading. In that case, it may offset any extra copy costs compared to what you're currently paying Solidary Prime directly.
Start small to test whether copy trading truly optimizes your specific situation before fully committing.
Solidary Prime and competitors' added value trading services
Solidary Prime | Plus500 | Pepperstone | |
---|---|---|---|
Copy trading |
No
|
No
|
Yes
|
Strategy (EA) builder |
No
|
No
|
Yes
|
Signals (alerts) |
No
|
Yes
|
Yes
|