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The WikiFX Score of this broker is reduced because of too many complaints!

SOLID GLOBAL

New Zealand|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|New Zealand Financial Service Corporate Revoked|Suspicious Overrun|High potential risk|

http://www.solidfx.hk/

Website

Rating Index

Contact

4006663202
cs@solidfx.hk
http://www.solidfx.hk/
Michael Reps 2 MaTakana Valley Road OFFice B Rd 5 WarkworTh
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Institution:SOLID GLOBAL INVESTMENT LIMITED

License No.:432246

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!
4

Basic information

Registered region
New Zealand
Operating period
5-10 years
Company Name
SOLID GLOBAL INVESTMENT LIMITED
Abbreviation
SOLID GLOBAL
Company employee
--
Customer Service Email Address
cs@solidfx.hk
Contact number
4006663202
Company website
Company address
Michael Reps 2 MaTakana Valley Road OFFice B Rd 5 WarkworTh
Keywords 6
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
New Zealand Financial Service Corporate Revoked
Suspicious Overrun
High potential risk

FX1414718351

Hong Kong

1. I got in touch with the NewSolid platform in 2017, and it was normal until 2020. After 2020, the platform address were changed frequently. In 2021, there was restrictions on the channels for deposit and withdrawal and the channel was busy sometimes; 2. At the end of 2021, the platform did not notify customers that the two normal deposit channels. bank cards and Alipay, would be cancelled, and they would directly switch to cryptocurrency deposit and withdrawal channels without permission; 3. The platform address will change frequently from the second half of 2021, until 2022, it often cannot be opened in January of this year; 4. After many searches, I found the official website address, and asked customer service about the change of the address of the platform and the inability to use the normal deposit and withdrawal channels. The reply was that the USDT (cryptocurrency) method was recommended, and it was recommended to download the OKEX wallet, register and use the cryptocurrency wallet, and make a deposit by purchasing cryptocurrency, and the OKEX official website has issued an official announcement of the suspension of withdrawals in October 2020, and the APP has withdrawn from the mainland China, then please answer: 1. What is the purpose to use this APP that has suspended withdrawals? 2. Even if this APP is avaliable, If a registered user binds a bank card in mainland China, even if you withdraw money here, can you still withdraw money from it? Well, the ultimate purpose is obvious. Therefore, I hope to achieve the demand of refunding the deposit amount other than the profit in the account to the bank card bound in the account through rights protection. 5. In order to prevent the account from being liquidated, while waiting for the platform to restore the normal deposit channel, the account is currently locked, and the following is a screenshot of some deposits.

Exposure

2022-02-21

'雲煙

Hong Kong

Don’t believe the frauds in scam SOLID GLOBAL , in which teachers only wanted to earn commission. They didn’t care clients’ losses at all!

Exposure

2020-01-08

子弹

Hong Kong

Scam platform, give my money back! I lost 140000 RMB within a week under the instructor's guidance. Later he blocked me in every single way. Please don't believe in this platform. They are all liars! My Wechat number is 138****3413, same with my phone number. My QQ number is 286****88.

Exposure

2019-09-18

FX7289185714

Hong Kong

SOLID GLOBA and the fraud platform newsolid are the one. When I opened an account in SOLID GLOBAL, I discovered that SOLID GLOBAL’s login link is the same as newsolid’s.

Exposure

2019-08-03

4
Website
Genealogy
Company Summary
Review

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Official website

Website

  • solidfx.hk

    Server Location

    Hong Kong

    Website Domain Name

    solidfx.hk

    Website

    WHOIS.HKIRC.HK

    Company

    -

    Server IP

    13.75.47.68

Company Summary

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

What is SOLID GLOBAL?

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.

SOLID GLOBAL

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

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.

Is SOLID GLOBAL Safe or Scam?

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.

revoked FSPR license
  • 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.

User Exposure on WikiFX

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.

User Exposure on WikiFX

Customer Service

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.

Conclusion

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.

Frequently Asked Questions (FAQs)

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.

Risk Warning

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.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • New Zealand Financial Service Corporate Revoked
  • Suspicious Overrun
  • High potential risk

Review 4

All(4) Latest Exposure(4)
FX1414718351

3-5 years

Hong Kong

Exposure
The NewSolid platform is unable to withdraw and deposit funds normally. The platform address changes frequently and cannot be opened, and induces users to use illegal currency software to deposit funds, and the account is about to be liquidated
1. I got in touch with the NewSolid platform in 2017, and it was normal until 2020. After 2020, the platform address were changed frequently. In 2021, there was restrictions on the channels for deposit and withdrawal and the channel was busy sometimes; 2. At the end of 2021, the platform did not notify customers that the two normal deposit channels. bank cards and Alipay, would be cancelled, and they would directly switch to cryptocurrency deposit and withdrawal channels without permission; 3. The platform address will change frequently from the second half of 2021, until 2022, it often cannot be opened in January of this year; 4. After many searches, I found the official website address, and asked customer service about the change of the address of the platform and the inability to use the normal deposit and withdrawal channels. The reply was that the USDT (cryptocurrency) method was recommended, and it was recommended to download the OKEX wallet, register and use the cryptocurrency wallet, and make a deposit by purchasing cryptocurrency, and the OKEX official website has issued an official announcement of the suspension of withdrawals in October 2020, and the APP has withdrawn from the mainland China, then please answer: 1. What is the purpose to use this APP that has suspended withdrawals? 2. Even if this APP is avaliable, If a registered user binds a bank card in mainland China, even if you withdraw money here, can you still withdraw money from it? Well, the ultimate purpose is obvious. Therefore, I hope to achieve the demand of refunding the deposit amount other than the profit in the account to the bank card bound in the account through rights protection. 5. In order to prevent the account from being liquidated, while waiting for the platform to restore the normal deposit channel, the account is currently locked, and the following is a screenshot of some deposits.
2022-02-21
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