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Solid ECN Review
Solid ECN is a Comoros based CFD broker with a one dollar minimum deposit. Its only claimed license comes from MISA, a body the real Comoros central bank calls fake.
Min Deposit
$1
Spreads From
0 pips on ECN plus $4 per side commission, 1 pip on Standard
Max Leverage
1:1000
Platforms
MetaTrader 5, Solid ECN WebTrader
Pros
- Minimum deposit is just $1 across all three account types
- ECN account spreads start at 0 pips with a flat $4 per side commission
- Negative balance protection is offered through the Solid Shield feature
- Offers MetaTrader 5 with expert adviser and scalping support
- Deposits and withdrawals are processed with no extra broker fee
Cons
- Its Comoros license comes from MISA, which the real central bank calls fake
- Holds no license from any FCA, ASIC, or CySEC style top tier regulator
- Standard and ECN accounts are swap free for only seven days on majors
- Excludes clients from the European Union, United States, and other markets
- Founded only in 2020, so it has a short public track record
Solid ECN Securities LLC launched in 2020 from Moheli, an island in Comoros. It trades as Solid ECN, offering forex, indices, commodities, and crypto CFDs through MetaTrader 5 and its own web platform, aimed at retail traders and introducing broker partners.
Three account types share a $1 minimum deposit and 1:1000 leverage. Micro starts at 2 pip spreads, Standard at 1 pip, and ECN at 0 pips plus a $4 per side commission. Standard and ECN majors run swap free for seven days, and a Solid Shield feature can reset a negative balance to zero.
Its only claimed oversight is a Comoros registration from the Mwali International Services Authority, reference HY00623411. Comoros' own central bank has publicly called MISA a fabricated body with no real regulatory power, so this license offers no genuine protection. Its Solid Credit deposit bonus page currently shows that offer as expired.
Min. Deposit
USD 1
Max Leverage
1:1000
Spreads From
0 pips on ECN plus $4 per side commission, 1 pip on Standard
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
