Solid ECN: MT5 accounts, crypto funding and conflicting trading conditions

Solid ECN offers Micro, Standard and ECN margin accounts. The choice changes order size, spread, commission and market access. Published inconsistencies affect funding and liquidation assumptions.[1]

The Standard page introduces a US$10 starting amount but its specification table says US$1. Its 0.01-lot minimum represents 1,000 base-currency units. This conflict needs resolution against the account actually issued.[3]

The FAQ describes USD as the only account currency, cryptocurrency as the current payment route, and a minimum age of 18. Identity verification is followed by address verification using a document no older than six months.[11]

The published exclusion list covers residents or citizens of the United States, Canada, European Union countries, Russia, Japan, New Zealand, Turkey and numerous other jurisdictions. International marketing does not establish acceptance in every country.[14]

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The markets page advertises more than 100 instruments across FX, metals, energy, other commodities, indices and cryptocurrencies. Its broad-access claim expressly excludes Micro and a legacy Holy account reference; Holy is not one of the three accounts in the current comparison. The public range page is not a complete tradable-symbol inventory.[5]

Micro is the smaller-size FX route: 0.001 lot equals 100 base-currency units. Its dedicated table says forex is available and commodities, indices and crypto are unavailable. The overview also mentions metals, so that specific Micro entitlement needs confirmation.[2][1]

ECN publishes US$4 on entry and US$4 on exit. The inspected account specification does not state the traded-volume unit for that charge; US$8 is therefore only the sum of the two quoted sides, not a verified per-lot round-trip tariff. The zero-pip figure is an advertised minimum.[4]

For Standard, a purely illustrative 1,000-unit EUR/USD position has a US$0.10 pip value: 1,000 × 0.0001. At the advertised one-pip minimum, an unchanged-price spread crossing would cost US$0.10 before any overnight charge or slippage. This is arithmetic, not an observed quote.[3]

Standard and ECN advertise seven swap-free days for major currency pairs. Micro lists swaps without that allowance. The exemption should not be extended to every instrument or an unlimited holding period.[3][2][4]

MT5 is the advertised trading platform, with Windows, macOS and Linux downloads plus a web terminal. The page’s iOS-labelled route points to the web trader. It describes Depth of Market, 21 timeframes, news and push notifications; the availability of every desktop function on that web route was not demonstrated.[8]

Account pages say scalping, news trading, hedging and Expert Advisors are allowed. The website terms separately prohibit aggressive scalping aimed at gains of one to five pips and permit suspension. The broad strategy label therefore needs to be read with that restriction.[14][2]

The agreement also prohibits closing inside five minutes or before a five-pip gain. Orders are terminal-only; Close By is unsupported. These restrictions can materially affect rapid-exit strategies.[15]

Buy/Sell Limit and Stop orders, stop-loss and take-profit are described, with optional pending-order expiry. Symbol specifications determine minimum distances. Stop execution can slip across a gap; insufficient margin can cause a pending order to be deleted.[15]

The overview instead gives ECN stop-out at 30%, while the FAQ gives 30% for all three accounts. The public sources do not resolve which setting applies to a newly issued server account. A margin-call percentage is a warning threshold; it should not be treated as a guaranteed opportunity to add funds before liquidation.[1][11]

The payment policy permits one withdrawal a day, requires no other pending request and says all positions must be closed first. Deposits must come from the client; original capital normally returns by its deposit method, while profits may use another available method. A withdrawal without trading can trigger recovery of processor costs previously covered by the broker. Weekend and holiday requests move to the next business day.[10]

The funding page describes processing within minutes during Monday–Friday, 09:00–18:00 GMT+3; the FAQ gives up to 24 business hours. Neither timing is a demonstrated blockchain-arrival guarantee. The FAQ’s open-position equity test also differs from the payment policy’s closed-position requirement.[9][11]

Deposit-fee reimbursement excludes transfers using the wrong network and payments below the minimum. It compensates eligible processing charges; it is not an unrestricted cash reward.[12]

The agreement uses internal conversion rates. A crypto payment into a USD account therefore introduces conversion exposure beyond the published coin withdrawal fee.[15]

The broker-hosted certificate names Solid ECN Securities LLC, company registration HY00623411 and MISA licence T2023324. Its seal is dated 17 July 2026 and the original issue date is 17 July 2023. This is evidence of the broker’s published claim, not independent confirmation of government permission.[17]

The Comoros central bank’s 8 December 2025 notice says MISA lacks legal authority to issue financial licences. This is an issuer-level warning; it does not name Solid ECN.[18]

SolidShield describes a request-based negative-balance reset: email from the registered address and identify the trading account. It excludes fraud and rule breaches. That company facility is distinct from insurance or a statutory compensation scheme.[13]

The agreement nevertheless requires deficit repayment within two business days and permits cross-account offset. The protection promise and debt terms are not reconciled publicly.[15]

The ECN page claims client money is segregated at tier-one banks. The reviewed material does not identify the relevant custodian, independently verify segregation or establish an applicable compensation fund.[4]

A claim is due within two working days of the disputed event, identifying the client, login, order and disputed clause. The agreement excludes connection-failure claims. An account without transactions for 45 days after opening may be terminated; that is not a quantified recurring inactivity fee.[15]

The FAQ advertises 24/5 support and explains password changes through the member area or MT5. Its withdrawal flow verifies a new destination by email, then whitelists it for repeat use. A security-change withdrawal hold or alternative authenticated dealing route was not established.[11]

The privacy policy allows personal-data access and correction requests, ordinarily answered within 30 days with possible extension. This does not establish a downloadable tax certificate or a trading-history archive beyond the account-specific windows.[20]

The platform page links the MQL5 marketplace, third-party trading signals, freelance development and rented virtual hosting. These are ecosystem services; their listing does not supply broker-specific copy fees, withdrawal authority or the treatment of open copied trades after disconnection. Those points need the actual subscription and account terms.[8]

The introducing-broker programme publishes remuneration of two spread points on Standard and 25% of commission on ECN, with daily reporting. It reserves the right to cancel referral links and commissions for churning. These are payments to referring partners, not automatically a rebate credited to a trading client.[21]

Current pages identify Solid ECN Securities LLC in Comoros, with a registered address on Bonovo Road, Fomboni, Mohéli, and a physical address at Oasis Moroni, RN1, office 03, ground floor.[19][16]

The agreement’s final definitions still identify Saint Vincent and the Grenadines. No dated client-contract migration notice was established.[15]

The company says it was founded in 2020 and describes an STP, no-dealing-desk arrangement with orders offset against liquidity providers. That is its execution-model account; the inspected page supplies no named counterparty roster or independently measured execution statistics.[22]