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Solidary Prime

New Zealand|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://solidaryprime.com/

Website

Rating Index

Contact

https://solidaryprime.com/
1st Floor Harvest Court, 218 George Street, Dunedin, 9016 New Zealand
https://www.facebook.com/solidaryprimenz
https://twitter.com/solidaryprime

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

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

Basic information

Registered region
New Zealand
Operating period
1-2 years
Company Name
Solidary Prime Ltd
Abbreviation
Solidary Prime
Company employee
--
Company address
1st Floor Harvest Court, 218 George Street, Dunedin, 9016 New Zealand
Keywords 4
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Review

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Website

  • solidaryprime.com

    Server Location

    Netherlands

    Website Domain Name

    solidaryprime.com

    Server IP

    46.19.36.28

Company Summary

AspectInformation
Company NameSolidary Prime
Registered Country/AreaNew Zealand
Founded Year2023
RegulationNot Regulated
Minimum Deposit$10
Maximum LeverageUp to 1:200
SpreadsStart from 0 pips
Trading PlatformsSolidary WebTrader; Social Trading; Solidary Prime platforms
Tradable AssetsForex, Metals, Stocks, Raw Materials
Account TypesStandard, Top, Elite, Pro
Demo AccountYes
Customer SupportContact Form & Online Chat
Deposit & Withdrawal MethodsFairpay, European Bank (SEPA), Neteller

Solidary Prime Information

Solidary Prime is a relatively new online trading platform established in New Zealand, providing a variety of financial products for trading. The biggest advantage of this platform is its low transaction fees, especially the spread, which is very attractive to high-frequency traders. However, the biggest disadvantage of Solidarity Prime is its lack of regulation. This could put your investment at risk.

Solidary Prime Information

Pros and Cons

ProsCons
Provides access to various financial markets such as forex, metals, stocks and raw materialsLack of regulation.
Basic and intuitive interface designOffers only contact forms and online chat for support, with no phone or email options
Offers virtual private servers for advanced tradersNo MT4 or MT5 platform available
Offers low spreads starts with 0 pips, and commission rates ranging from $0 to $3.95 per lot

Is Solidary Prime Legit?

Solidary Prime is not regulated by any regulatory authorities. Although they claim registered in Seychelles with a registration number 8433877-1 holder of an FSA license with number SD180 and registered address at Office 9, Neenu's Building, Providence, Mahe, Seychelles. Its regulatory information cannot be found on the websites of FSA.

Is Solidary Prime Legit?
Is Solidary Prime Legit?

What Can I Trade on Solidary Prime?

Solidary Prime provides a variety of financial products, including forex, metals, stocks and raw materials, with more than 61 pairs of trading varieties. And provides dedicated VPS.

Tradable InstrumentsSupported
Forex
Indices
Shares
Energies
Commodities
ETFs
Metals
Dedicated VPS
Futures
Raw materials

Account Type

Solidary Prime offers four account types with varying commission structures and spread rates, all featuring leverage up to 1:200 and the ability to trade a wide range of financial instruments.And Solidary Prime also provides demo accounts.

Account Type

Solidary Prime Fees

The fees of Solidary Prime is more competitive than the industry.

Trading Fees

Solidary Prime's commission fees vary by account type, ranging from $0 to $3.95 per lot. Spread starts with 0 pips.

Solidary Prime Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for which type of traders
MT4//
MT5//
Solidary WebTrader
  • Minimum lot sizeFrom 0.01
  • Flexible optionsFunding and withdrawal
  • No trading restrictions
  • Order executionIn a few milliseconds
Traders seeking flexibility and efficient execution.
Social Trading
  • Diversify your operations
  • Learn while you invest
  • Generate a community
  • Saves time and effort
Beginers or those seeking to mitigate risk.
Solidary Prime//

Deposit and Withdrawal

The minimum deposit to start trading with Solidary Prime is $10.

Deposit Options

Deposit OptionsMin. DepositFeesProcessing Time
Fairpay$10Commission: 6%1-12h
European Bank (SEPA)10€From 10€ to 5000€: 12€o;From 5001€: 17€ + 0,06% (Max. Fee 250€)1-3 laborable days
Neteller$10Commission: 4.09%1-12h
Deposit and Withdrawal

Withdrawal Options

Withdrawal OptionsMin. WithdrawalFeesProcessing Time
European Bank (SEPA)$10From 10$ to 1000$: 20€From 1001$ to 4999$: 25€From 5000$: 30€ + 0,08%1-3 laborable days
Neteller$10Commission: 2%1-12h

Customer Service

Solidary Prime offers customer support in English and Spanish. While Solidary Prime's customer service options are quite limited. You can only reach them via contact form and online chat.

Contact OptionsDetails
PhoneNone
EmailNone
Support Ticket SystemNone
Online ChatYes
Social MediaFacebook: https://www.facebook.com/solidaryprimenz;Twitter: https://x.com/solidaryprime;Instagram
Supported LanguageEnglish; Spanish
Website LanguageEnglish; Spanish
Physical AddressOffice 9, Neenu's Building, Providence, Mahe, Seychelles.
Contact FormYes

The Bottom Line

Solidary Prime offers a competitive trading environment with low fees and a user-friendly platform. However, the lack of regulation by major financial authorities raises a red flag about the safety of your funds. If regulation is not a major problem, Solidary Prime can be suitable for experienced traders acceptable with a proprietary platform and limited customer support.

FAQs

Is Solidary Prime a safe trading platform?

No, Solidary Prime is a very young broker (established in 2023) that is not regulated by any major financial agencies, so utilizing it bears some risk.

Is Solidary Prime a suitable broker for beginners?

While Solidary Prime provides a user-friendly platform, the lack of regulation and insufficient customer assistance make it difficult for newcomers.

Is Solidary Prime good for day trading?

Solidary Prime might be suitable for day trading due to its competitive fees and access to a variety of financial instruments.

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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