About Solid Invest
Overview
Solid Invest is an online brokerage that presents itself as a trading service provider for retail and institutional clients. While the company claims a United Kingdom base, its registered address points to St. Vincent and the Grenadines, a common offshore jurisdiction for unregulated firms. The broker emerged in late 2020 and has since attracted a volume of negative user feedback.
Regulatory Standing
Our review found no evidence of valid regulatory licenses for Solid Invest. The broker does not appear on any public financial regulator's register, meaning it operates without oversight. Traders should note that an FCA claim made by the broker was proven false by a user's direct search, raising immediate red flags.
Trading Platforms and Instruments
According to client reports, Solid Invest offers the MetaTrader 5 (MT5) platform, a popular third-party software. Users mention trading in forex and possibly CFDs, but the broker's website does not disclose a full list of instruments. The use of MT5 is typical among unregulated entities seeking to appear credible.
Account Types and Minimums
User accounts indicate a starting deposit as low as 250 EUR, though the broker does not publicly outline tier structures or benefits. Some traders were pressured into additional investments after initial losses, suggesting a coercive sales approach rather than transparent account management.
Funding and Withdrawals
User experiences with deposits and withdrawals are uniformly negative. Several reviewers report that their funds became inaccessible immediately after deposit, and withdrawal requests were met with demands for further payments, including alleged 'taxes' or a percentage of 'profits.'
Target Audience
Given the absence of regulation and the overwhelming weight of scam allegations, Solid Invest is not suitable for any retail trader seeking a safe and transparent trading environment. The broker's practices appear to target vulnerable individuals with promises of high returns and aggressive persuasion.
Overview compiled by FXCanary from regulatory records and public data. full Solid Invest review