Reading Time: 3 minutes SCAM RECOVERY

Solid Capital Broker Review – Why Is Broker A 100% Scam?

About Solid Capital Scam

While it looks like another anonymous brokerage, Solid Capital broker is just very good at hiding their information. Yet, we found it all out and presented it for you in our Solid Capital review.

Meanwhile, if you were considering this trading firm, our unbiased review would change your mind!

Also we want to invite you to read our recently updated InstaForex, PrimeXBT and AlpsMarkets scam broker reviews. Without a doubt, your funds are in danger with them!

Broker Status:Offshore Scam Broker
Regulated by:Unlicensed Company (No Regulation)
Operating Status:Active Forex Trading Scam
Blacklisted as a Scam by:N/A
Broker Owner:Vital Resources LTD
Headquarters Country:Marshall Islands
Foundation Year:2020
Online Trading Platforms:WebTrader
Mobile Trading:Available
Minimum Deposit:$250
Deposit Bonus:Up to 50%
Crypto Asset Trading:Available
CFD Trading Option:Yes, you can trade CFDs
Available Trading Instruments:Forex (FX), Cryptocurrencies, Stocks, Indices, Commodities
Maximum Leverage:N/A
Islamic Account:Not Available
Free Demo Account:No
Accepts US Clients:US traders are not accepted
Global Fraud Protection Experts’ Verdict:Don’t Invest in This Scam Broker!

Solid Capital Regulation – Is The Broker Legit or a Scam?

Solid Capital won’t get an award for being the most transparent brokerage. However, in their Terms and Conditions, we discovered that it’s owned by Vital Resources LTD from the Marshall Islands.

As a result, it implies the company should have GLOFSA regulation for providing financial services. Yet, with offshore brokers, we never know. And that’s why we decided to check.

What’s Wrong With The Company’s License?

GLOFSA has no information about Vital Resources LTD or Solid Capital forex brokerage. Also, Tier 1 registers such as FCA, ASIC, and BaFin hold no trace of Solid Capital regulation. This means that any funds you invest in are exposed to risk since you have no protection and are not entitled to a compensation fund.

Additionally, exclude SwiseInvest, HugosWay and EmexTrade from your list of potential brokers to trade. It will save your money, nerves and time!

Solid Capital Trading Assets

Supported Trading Platforms – Available Trading Software

Like many other offshore brokers, this one doesn’t care about funds’ safety. That’s why instead of MT4 or MT5, the only Solid Capital trading platform clients have is a Web trader.

WebTrader Platform

Since Web traders are proprietary products and the broker can easily access your funds and trades, seeing this software should be an immediate red flag.

However, if you prefer to have this type of platform with Solid Capital, it will be disappointing. You will see a TradingView chart with several indicators and without essential tools such as Stop Loss and Take Profit.

About iOS And Android Trading

Besides a Web trader for desktop, Solid Capital login is enabled via proprietary app for both Android and iOS users. 

Range of Trading Instruments & Markets

Additionally, company offers access to 5 most significant markets, including:

  • Forex
  • Commodities
  • Indices
  • Shares
  • Cryptocurrencies

Yet, from what we’ve seen, the offer is below average, and trading conditions, such as leverage, are hidden. It means that any money you invest will be at risk.

Solid Capital Trading Accounts – Account Types

There are 6 different account types:

  • Basic – $250
  • Standard – $2,500
  • Silver – $5,000
  • Gold – $10,000
  • Platinum – $25,000
  • VIP – $50,000

The main difference is in the initial deposit, trading education, withdrawal fees. Also, the Solid Capital bonus increases with each account type and goes up to 50% for the VIP account. Solid Capital’s minimum deposit is $250, and you will get 20% of the bonus and basic trading terms.

Free Demo Account

There is no Solid Capital Demo account, implying that you will have to make a deposit to start trading.

Solid Capital Withdrawal Issues – No Money Withdrawal Guarantees

The broker is a highly unreliable Forex and CFD trading provider as it has no regulations and no money guarantees. Companies like this don’t have to follow ESMA, MiFID, or any other rules related to funds segregation, nor keep your funds at reputable banks. 

As you can see, the Solid Capital trading scam includes giving bonuses. Accepting a bonus means that you will not be able to withdraw your funds until you reach an impossible rollover. But this clause will remain hidden until the moment you submit your withdrawal request. Then you will be declined and will have nowhere to file a Solid Capital complaint.

If you experience something similar, let us know.

Scammed By A Solid Capital Broker? – Talk To Our Recovery Experts

If you fall victim to a Solid Capital scam, contact us immediately. Our chargeback specialists are waiting to hear your story and help you find the best refund solution. Instead of letting scammers run with your hard-earned money, work on getting it back.

Contact us via online chat to book your free consultation and let’s see what we can do. Let’s fight back!

Don’t Let the Scammers Go Away for Free!

FAQ Section:

What Is Solid Capital, And Should I Invest Money In It?

Simply put, it is an unregulated Forex and CFD trading platform, not worth your time or money.

What Is The Solid Capital Minimum Deposit?

Broker’s minimum deposit is $250 for the Basic account.

Are My Funds Safe With Solid Capital?

Since the broker is unregulated, your funds are not safe with Solid Capital.