Abstract：Did SolisMarkets fail to restore your forex trading account balance despite repeated follow-ups with the broker? Does the forex broker contact you only for deposits but run away as you request fund withdrawals? Have you failed to receive adequate support from the broker on trading guidance? In this SolisMarkets review article, we have investigated many trader complaints. Take a look!
Did SolisMarkets fail to restore your forex trading account balance despite repeated follow-ups with the broker? Does the forex broker contact you only for deposits but run away as you request fund withdrawals? Have you failed to receive adequate support from the broker on trading guidance? In this SolisMarkets review article, we have investigated many trader complaints. Take a look!
Investigating the Top Forex Trading Complaints Against SolisMarkets
Profits Withheld and Withdrawals Ignored
A Lebanon-based trader accused SolisMarkets of engaging in fraudulent practices by refusing to transfer account balances despite successful trades and multiple withdrawal requests. After investing thousands of dollars and generating profits, the platform allegedly stopped responding to emails and reminders. The trader claims the company only maintains contact when encouraging further deposits, but becomes unresponsive once withdrawal requests are made, effectively denying access to both profits and invested funds. Read the complete recount in this SolisMarkets review.
Multiple Withdrawal Denial Cases
Several traders have reported serious misconduct on part of SolisMarkets when it comes to releasing funds. Despite repeated calls and emails, traders have failed to receive funds. Here are some negative SolisMarkets reviews based on withdrawal denials. Check them out.
Trial Period Pressure, Deposit Pressure & Withheld Profits
The complainant here reports a negative experience with SolisMarkets, beginning with a lack of transparency about a 7-day trial period that required an additional $1,000 deposit to continue trading. After being unable to meet this requirement, the account manager allegedly pressured the trader to borrow funds through a home mortgage or credit card overdraft. When the trader requested account closure and a refund, repeated attempts to contact customer support by phone and email were largely unsuccessful. Although the original deposit was eventually refunded, $404.70 in profits generated on the account was not returned. The complainant believes the company deliberately withheld these funds and warns others to exercise caution, noting ongoing FSCA investigations into SolisMarkets following investor complaints, as reported by Moonstone Information Refinery.
Check out what the trader said while sharing the SolisMarkets review.
Alleged Reckless Trading and Severe Fund Mismanagement by SolisMarkets
A trader accused SolisMarkets of serious mismanagement of client funds by executing 12 large trades over a single weekend without proper monitoring or consent. As a result, the account reportedly suffered losses exceeding USD 50,000 on a single trade, contributing to total losses of approximately R400,000. The trader questioned the legitimacy of such trading practices and expressed concern that the company acted recklessly with funds, potentially placing other investors capital at similar risk. Check out this screenshot to know more.
More Deposits, More Scams
Multiple traders have hit out at SolisMarkets for just asking them to deposit despite losing trades. Instead of giving traders an explanation of the fund loss, the account managers sought only capital from them. Check out the multiple SolisMarkets reviews on this matter.
SolisMarkets Review by WikiFX: The Regulation and Score Update
The complaints concerning withdrawals, deposit coercion and fund misappropriation raise a critical question - Is SolisMarkets real or fake? To find the answer, it was important to understand the brokers regulatory status. The WikiFX team thus investigated to find that the South Africa-based forex broker was unregulated. This led to a very poor score of 1.31 out of 10. Traders should stay away from investing on this platform.
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