Score
Cyprus
|
15-20 years
| http://www.solid.com.cy
Website
Rating Index
LicensesLicensed Entity：Solid Financial Services Ltd
License No. 065/06
Single Core
1G
40G
1M*ADSL
Cyprus
solid.com.cy Germany
VIP is not activated.
CYPROSERVUS CO. LIMITED
Secretary
Start date
Status
Employed
SOLID FINANCIAL SERVICES LIMITED(Cyprus)
VLADIMIR SEMERNIN
Director
Start date
Status
Employed
SOLID FINANCIAL SERVICES LIMITED(Cyprus)
KIRILL ALEKSEEVICH KOVALENKO
Director
Start date
Status
Employed
SOLID FINANCIAL SERVICES LIMITED(Cyprus)
| Solid Review Summary | |
| Founded | 2006 |
| Registered Country/Region | Cyprus |
| Regulation | CYSEC |
| Market Instruments | Forex, Stocks, Funds, ETFs |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | QUIK , BLOOMBERG |
| Minimum Deposit | $0 |
| Customer Support | 24/7 support |
| Phone: +357 25363680 | |
| Fax: +357 25363690 | |
| Email: solid@solid.com.cy | |
| Address: Pamelva Court, office 405, 1 Anastasiou Sioukri Street, 3105 Limassol, Cyprus | |
Solid Financial Services Ltd is a legally registered and regulated financial institution that holds a Market Maker license (No. 065/06) issued by CySEC.
| Pros | Cons |
| 24/7 support | Unclear fee structure |
| Long operational history | MT4/MT5 not supported |
| Regulated by CYSEC | Unknown payment methods |
| No deposit requirement |
Solid Financial Services Ltd is a financial institution regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a valid Market Maker license. This shows that the company is legally qualified to operate in the financial markets of Cyprus and is subject to certain regulatory protections.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
 | Cyprus Securities and Exchange Commission (CySEC) | Regulated | SOLID FINANCIAL SERVICES LIMITED | Market Maker (MM) | 065/06 |
These instruments can be traded on Solid: Forex, Stocks, Funds, and ETFs.
| Tradable Instruments | Available |
| Forex | ✔ |
| Stocks | ✔ |
| Funds | ✔ |
| ETFs | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
Solid offers two types of accounts: personal accounts and business accounts. No minimum deposit is required.
Solid offers two trading platforms: QUIK and BLOOMBERG.
QUIK is the largest trading platform created by Russian developers for securities, currencies, and not only on stock exchanges.
BLOOMBERG is a leading global provider of financial data, analytics tools, and news. Bloomberg's core product is the Bloomberg Terminal, a professional services platform for financial institutions, investors, corporations, and governments, providing real-time market data, trade execution, news, research, and analysis, and a variety of financial instruments.
| Trading Platform | Supported | Available Devices | Suitable for |
| QUIK | ✔ | Desktop, Mobile, Web | / |
| BLOOMBERG | ✔ | Desktop, Mobile, Web | / |
| MT5 | ❌ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
From what I understand, Solid offers two platforms: QUIK and Bloomberg. As a trader, I find both platforms interesting. QUIK is developed by Russian developers and is widely used for securities and currency trading, while Bloomberg offers real-time market data and trade execution, which is valuable to me as someone who relies on reliable data for financial decisions. For me, the availability of solid platforms like these can make a huge difference in executing timely and informed trades.
On Solid, I can trade forex, stocks, funds, and ETFs. However, I noticed that commodities, indices, cryptocurrencies, bonds, and options are not available, which may limit my diversification options as a trader. As someone who likes to trade across different markets, this is something I would consider when evaluating whether Solid platforms fit my needs.
From my perspective, Solid seems legitimate because it is regulated by CySEC, which means it follows certain financial standards. However, it operates under a Market Maker license, which means they may act as a counterparty to my trades. I would consider this risk when deciding whether or not to use the platform. While it's regulated, I always make sure to verify that any platform, including solid platforms, aligns with my security and risk management needs.
In my opinion, the pros of Solid include 24/7 customer support, a long operational history, and it being regulated by CySEC. However, the cons I’ve noticed are unclear fees, no support for MT4 or MT5, and undisclosed payment methods. As a trader, these are factors I would take into consideration when deciding whether to use Solid, especially as I look for solid platforms with transparency and reliable support.
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