Global Broker Regulation Inquiry App
WikiFX
JV1s24K_g0ld 
1-2 years
Is Solid safe and legit?
Broker Issues
Regulation
05-19
United States
WikiFX
Reply
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.
Similar Questions
Does GIFX have any cons?
Razzie87
06-26
Is FXPesa safe and legit for me to trade with?
S jonas
06-25
Is FXBTG regulated by a recognized authority?
Sergey5
04-12
In what ways does One Plus Capital’s regulatory standing help safeguard my funds?
PitBull
08-20
Is STARTRADER regulated in the USA?
Tomas
07-10