Score

1.41 /10
Danger

Soltechx

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.25

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Soltechx · Company summary

Soltechx Review

Note: Regrettably, the official website of Soltechx, namely https://www.soltechx.com/, is currently experiencing functionality issues.

General Information

Soltechx Review Summary
Registered Country/Region Saint Vincent and the Grenadines
Regulation Unregulated
Tradable Assets N/A
Demo Account Yes
Leverage N/A
Trading Platforms N/A
Customer Support Phone at +441312975921, Email at support@soltechx.email

What is Soltechx?

While Soltechx presents itself as an investment platform, exercise extreme caution as it has raised serious red flags. Multiple financial regulators, including the UK's FCA and New Zealand's FMA, have labeled it a potential scam.

 What is Soltechx?

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
N/A
  • Unregulated, High risk
  • Inaccessible Website
  • Suspicious Clone

Pros:

N/A

Cons:

  • Unregulated: Soltechx operates outside the oversight of major financial authorities like the FCA or FMA, leaving you with no recourse if things go wrong. This lack of regulation significantly increases the risk of fraudulent activity and financial loss.

  • Dubious Claims: The platform reportedly makes enticing claims about investment opportunities, often lacking concrete details or factual evidence to support them. These vague and unsubstantiated promises are a common tactic used by scams to lure unsuspecting investors.

  • Suspicious Contact Information: The provided phone number for customer service is associated with other reported scams, further raising concerns about legitimacy.

Is Soltechx Safe or Scam?

Soltechx is widely regarded as a high-risk investment verging on being a scam due to several key factors.

Firstly, it operates without significant oversight from reputable financial authorities, leaving investors susceptible to potential fraudulent activities. Additionally, the company has made dubious claims regarding investment opportunities without providing credible evidence to support them, raising concerns about its legitimacy. Moreover, there have been numerous reports of difficulties in withdrawing invested funds, a common tactic employed by scams to retain investors' money.

Both the UK's FCA and New Zealand's FMA have issued warnings against Soltechx, advising investors to steer clear of it.

Before considering Soltechx, thoroughly research and understand the high risks involved. Instead, opt for reputable and regulated financial institutions to safeguard your investments.

Is Soltechx Safe or Scam?

Customer Service

Customers can get in touch with customer service lines using the information provided below:

Telephone: +441312975921

Email: support@soltechx.email

Conclusion

Soltechx is a platform that presents itself as an investment opportunity. However, there are several red flags that indicate it may be a scam.

First, Soltechx is not regulated by any major financial authority. Second, Soltechx has been accused of making false or misleading statements about its products and services. Third, there have been reports of investors having difficulty withdrawing their money from Soltechx. In conclusion, Soltechx is a high-risk investment that should be avoided. There are many other reputable and regulated investment platforms available, so there is no need to take the risk of investing with Soltechx.

Frequently Asked Questions (FAQs)

      Q: Is Soltechx safe to invest with?

      A: Strongly advised against. Soltechx lacks crucial regulations from major financial authorities, raising significant fraud risks.

      Q: What do financial regulators say about Soltechx?

      A: Both the FCA and FMA have issued warnings against Soltechx, urging investors to avoid it.

User Reviews

More

User comment

3

Comments

Write a review

FX1254905381
more than one year
Soltechx has disadvantages, as well as all brokers. But this does not mean that the broker is engaged in fraud and that it is impossible to earn money here. Transactions are executed very quickly. Some fractions of a second. It looks like the company is using good liquidity providers.
Soltechx has disadvantages, as well as all brokers. But this does not mean that the broker is engaged in fraud and that it is impossible to earn money here. Transactions are executed very quickly. Some fractions of a second. It looks like the company is using good liquidity providers.
Translate to English
2023-02-27 12:27
Reply
0
0
Witpay
more than one year
I started with a $250 account balance after I reached $1250 I tried to withdraw $1000, but it turned out that there is no money to withdraw and their connection was cut off I could. they are thieves so beware.
I started with a $250 account balance after I reached $1250 I tried to withdraw $1000, but it turned out that there is no money to withdraw and their connection was cut off I could. they are thieves so beware.
Translate to English
2022-12-11 11:47
Reply
0
0