SolidCapital is a very new offshore,unlicensed and offshore Crypto and Forex CFD Broker, that opened on April 30th 2020.
SolidCapital Broker Review – SolidCapital.io is a SCAM. Do not trust this broker!
This broker is owned by: Royal Gates LTD (25705BC2019), located at: Suite 305, Griffith Corporate Centre, Beachmont Street, Kingstown, St. Vincent and the Grenadines. The phone number listed on their website is United Kingdom: +442037692938. Official website is at: https://www.solidcapital.io/.
SolidCapital Review
A quick review of this new broker called SolidCapital find that the trading app they are offering investors is made by Airsoft. It is a simple web-based CFD trading platform, and you not be able to use the industry standard MetaTrader4 or a mobile trading app. Take a look at the screenshot below, and you can see what their web-based trading platform looks like.
You will that they offer a variety underlying assets for CFD trading against USD or BTC including; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes.
SolidCapital’s website and trading platform is available in both English & German. The minimum deposit requirement is $250 in Bitcoin equivalent. Depositing money with a broker via Bitcoin means, that you have no purchase protection from your credit card company. When you have a problem making a withdrawal there is nothing to do about it, read more here.
Fake News Articles
For a lengthy explanation of how the Crypto investments scam operates, you should read this article.
Basically, a legitimate looking article is written about how someone made thousands of dollars using a trading software like “BitcoinUp“. The truth is, the only person making money is the one who wrote the article! Before investing with an automated trading system, you should know that 99.9% of people lose money that way.
You would be better off investing at a regulated broker, and use trading signals from Trading Central, see here.
Is SolidCapital a Regulated Broker?
No, SolidCapital is not a licensed broker. A simple Google search for their phone number reveals that they formerly went by the name MegaTradeFX.
Scam Broker Investigator uses a simple method to determine if a Forex broker is legitimate or a scam broker. We check to see if the CFD broker has a license or is regulated by any of the large government regulators like; CySEC Cyprus or ASIC Australia. You can find popular Forex brokers that are licensed and regulated listed here.
All Crypto / Forex brokers in must be licensed and regulated by the financial regulatory agency in their country. For complaints or problems making a withdrawal you should read this article.
Compare Licensed Brokers
There are many Crypto and Forex CFD brokers to choose from online, therefore, you should first look at some popular licensed brokers.
ForTrade is currently our most popular broker for new CFD investors. ForTrade is regulated in Australia, England and Canada, see here.
Try a Free Demo of their easy trading app, register here.
Are you currently investing with SolidCapital? Share your experience, with the new investors reading this review.