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Score
New Zealand
5-10 yearsSuspicious Regulatory License
New Zealand Financial Service Corporate Revoked
Suspicious Overrun
High potential risk
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Comparison
Quantity 4
Exposure
Score
Regulatory Index0.00
Business Index7.52
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
Note: SOLID GLOBALs official site - http://www.solidfx.hk/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
SOLID GLOBAL Review Summary in 10 Points | |
Founded | 5-10 years |
Registered Country/Region | New Zealand |
Regulation | Not regulated (FSPR Revoked) |
Customer Support | Phone, Email |
SOLID GLOBAL, an online service provider for the financial market based in New Zealand, has certainly garnered interest. However, the unavailability of its website creates considerable obstacles in verifying its credibility and understanding its regulatory status. Adding to the concerns is its license no. 432246 provided by the Financial Service Providers Register (FSPR), which is now revoked.
This article will provide a thorough appraisal of this broker from multiple viewpoints, intending to present a clear, organized analysis. If the details furnished within this article capture your interest and spark further curiosity, we strongly advocate for personal, continued exploration. The article will conclude with a succinct summary, encapsulating the primary aspects of the broker.
Pros | Cons |
• None | • FSPR Revoked |
• Lack of transparency | |
• Website non-functional | |
• Limited customer support channels | |
•Reports of scams and unable to withdraw on WikiFX |
After careful review, it appears that SOLID GLOBAL, a financial services provider based in New Zealand, has no evident advantages to highlight.
The broker's license from the Financial Service Providers Register (FSPR) has been revoked, which casts a shadow upon its credibility. The transparency issue is another major negative, and the broker's website being non-operational only further exacerbates concerns about its legitimacy. Furthermore, having narrowly limited channels for customer support leaves room for delays in resolving queries and issues. Even more alarming are reports on WikiFX suggesting instances of scams and an inability to execute withdrawals, raising serious red flags. Therefore, the drawbacks considerably outweigh any potential advantages, urging extreme caution from traders when considering this broker.
When considering the safety of a brokerage like SOLID GLOBAL or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: The revocation of the broker's license no. 432246 by the Financial Service Providers Register (FSPR) presents substantial security issues to potential traders. The fact that their official website is currently unreachable further proves that its operations may have been discontinued. These factors collectively heighten the investment risks associated with this platform considerably.
User feedback: The existence of four reports on WikiFX about this broker, suggesting possible scams and withdrawal issues, should serve as serious warning signs. It underscores the utmost importance of comprehensive research and due diligence before selecting any broker or investment platform, thereby helping to prevent potential damaging decisions.
Security measures: So far we cannot find any security measures info on Internet for this broker.
Ultimately, the decision of whether or not to trade with SOLID GLOBAL is a personal one. You should weigh the risks and benefits carefully before making a decision.
The presence of four reports on WikiFX highlighting scams and withdrawal issues with this broker, which can be viewed on our website, should unquestionably be considered warning signals. We strongly suggest all traders to perform detailed research before putting their capital at risk. Our platform serves as a comprehensive resource hub to help traders in making well-informed decisions. If you happen to encounter any deceitful actions by brokers, or if you are a victim of such instances, we earnestly recommend that you report this through our 'Exposure' section. Your input is greatly valued. Our committed team of specialists is dedicated to addressing these concerns and will make strenuous efforts to seek a solution for such unfortunate situations.
SOLID GLOBAL's customer service seems to fall short regarding availability and diversity in its customer support channels, as it's restricted to just phone and email. This limitation could potentially raise potential obstacles for customers who favor direct, real-time assistance typically provided by more immediate platforms like live chat. It also raises questions about their ability to promptly respond to queries or problems, which is a critical aspect of an efficient customer service experience.
Phone: 4006663202.
Email: cs@solidfx.hk.
SOLID GLOBAL, a New Zealand-based broker offering trading services to international customers, presents various causes for concern after a careful review.
The key problem is the broker's regulatory status. Holding a revoked Financial Service Providers Register (FSPR) license poses potential safety risks typically attenuated by regulatory compliance.
Additional issues include a non-operational website and lack of customer support. These factors impugn the broker's professionalism and its commitment to providing comprehensive service, thus casting doubt on its reliability. The concern is exacerbated by four reports of scams and unsuccessful withdrawal attempts, serving as significant warning signals.
In view of these findings, potential clients considering employing SOLID GLOBAL's services should tread extremely warily. It would be advisable to consider other brokerage alternatives that are transparent about their regulatory status and prioritize safety and accountability. For asset protection, clients are encouraged to choose trading platforms that adhere to the highest professional standards.
Q 1: | Is SOLID GLOBAL regulated? |
A 1: | No. It has been verified that this broker currently has no valid regulations. The license no. 432246 provided by the Financial Service Providers Register (FSPR) claimed by the broker has been revoked. |
Q 2: | Is SOLID GLOBAL a good broker for beginners? |
A 2: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency and 4 reports of scams on WikiFX. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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