Solidecn.com

[Solid ECN]

Solid ECN - Account Types​

Solid ECN gives multiple account types on the MetaTrader 5 trading platform to help individuals and corporate customers to exchange Forex and Derivatives online.

All Retail, associates, and White-Label clients have the possibility to access various spreads and liquidity via state-of-the-art automatic trading platforms. Solid ECN grants an exceptional type of account options that clients can choose to experience a tailored trading experience that perfectly fills their needs. United with excellent trading conditions and lightning-fast execution, Solid ECN provides all the tools and aids required for clients of any level to accomplish their trading goals.

Whether you’re a casual trader or experienced investor, Solid ECN offers an extensive range of account options. Through our true ECN accounts, we’re able to deliver spreads from 0 pips and millisecond execution against best bid / ask prices—all with world-class customer service.

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	Min Deposit​	Max Leverage​	Min Spread​	Fee​
Micro​	$5​	1:1000​	2 pips​	No​
Standard​	$10​	1:1000​	0.2 pips​	No​
Swap Free​	$10​	1:1000​	0.2 pips​	No​
ECN​	$10​	1:1000​	0​	$2​

 

[Solid ECN]

Solid-Holy Account​

Swap Free | No Hidden Fees​

Solid-Holy accounts (also known as swap-free accounts) for customers who cannot earn or pay the interest due to their religious views. The swap-free option is available on Solid-Standard account types on the MT5 platform.

Solid ECN is devoted to providing its clients with the best trading conditions. Solid ECN Islamic accounts offer state-of-the-art trading infrastructure and execution speeds enabling our traders to win a competitive edge.​

 

[Solid ECN]

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Solid ECN - %30 Deposit Bonus​

One of the essentials in trading forex and other leveraged products is having more margin. It is a common and rookie mistake to trade in a high volatility market such as cryptocurrencies with a low balance.

Solid ECN has a backup plan for its customers. We boost deposits by %30 and it is up to $1,000 per account. All profits are free for withdrawal. Where most companies remove the bonuses on stop-out and margin calls, the given credit at Solid ECN is %100 tradeable, and it can be lost.

Solid ECN buys itself %30 more risks to make sure the clients are trading with more confidence. Try us today and let us know about your trading experiences with us.​

 

[Solid ECN]

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Sterling rebounds as dollar stalls​

Sterling gained ground in European trade, holding above two-week lows against dollar despite ongoing negative pressures on the currency after recent statements by BoE Governor, and negative GDP data. The greenback gave up two-week highs on profit-taking ahead of US producer prices data later today and consumer prices data tomorrow.

GBPUSD rose 0.8% to 1.1057, with the lowest since September at 1.0922, after losing 0.8% yesterday, the fifth loss in a row.

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Andrew Bailey​

Bank of England Governor Andrew Bailey said the BoE will end its emergency bonds purchases program next Friday, and asked pension funds managers to rebalance the positions accordingly. The BoE launched an emergency program on September 28 to purchase long-term UK treasury bonds to restore balance and support the market and great volatility back then.
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Contraction​

Earlier UK data showed the GDP contracted monthly in August by the worst pace in 19 months, hurting risk appetite once more. Such negative outlook for the economy cut chances of a 1% rate hike by the BoE in November.
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The Dollar​

The dollar index fell 0.2% on Wednesday off two-week highs at 113.59 on active-profit taking against a basket of major rivals. Now investors await important US producer prices data for September, which will offer clues on inflation and will help guide Federal Reserve's policies.​

 

[Solid ECN]

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Sterling climbs nearly 1% despite GDP contraction data​

Sterling rose against most major currencies on Wednesday despite some negative UK data. Earlier UK data showed GDP contracted 0.3% m/m in September while analysts expected no change in the growth rate.

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The Greenback​

The dollar index rose 0.2% to 113.4 as of 17:05 GMT, with a session-high at 113.5, and a low at 113.05. Tomorrow, market await consumer prices data for September. Such data will give a clue about the future directions for the Federal Reserve on monetary policies and rate decisions. Earlier US data showed producer prices rose 0.4% m/m in September, above estimates of 0.2%.

The Federal Reserve will release minutes of the September meeting, at which it decided to hike rates by 75 basis points, the third such hike in a row to 3.25%, the highest since 2008.​

 

[Solid ECN]

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Dollar climbs after a batch of US data​

Dollar rose against major currencies on Friday, bolstering the gains following a batch of new data. ​

• The data showed retail sales were flat last month, while analysts expected a 0.2% rise. ​
• Core sales rose 0.1% last month, beating estimates of a 0.1% dip.​
• Michigan\Reuters consumer confidence index rose to 59.8 in October from 58.6 in September.​
• Recent data this week showed consumer prices rose 8.2% in September, while analysts expected 8.1%, and compared to 8.3% in August. ​
• Such data bolsters the case for aggressive policy tightening and rate hikes by the Fed, which threatens a global recession.​

The dollar index rose 0.8% to 113.2 as of 17:56 GMT, with a session-high at 113.4, and a low at 112.1.​

 

[Solid ECN]

Bank of England said on Tuesday he's starting its program to sell government bonds next month, while setting aside long-term bonds initially. Launching quantitative tightening by the BoE triggered an important question in global financial markets about a nearby recession in the UK.

Quantitative Tightening​

• Bank of England is starting to sell its massive inventory of UK government bonds in November. ​
• It will sell short-term and medium-term bonds equally in the fourth quarter of the year, with similar volumes to what was announced previously. ​
• Bank of England said any deficit due to the previous delay will be merged with subsequent sales in 2023. ​

Liquidity Shortage
Such a step will cut down on liquidity in the financial market, especially long-term bonds liquidity, just days after BoE ended an emergency program to purchase bonds to support the market. Markets were hoping for a delay to the active part of the program due to the ongoing volatility in the market since Liz Truss's budget reveal last month.

Recession
Many analysts believe the UK government will fall into recession due to ongoing financial instability. Quantitative tightening and lack of liquidity will definitely quicken the economy's potential fall into recession.​

 

[Solid ECN]

Platform​

The popular trading platforms are narrowed to a few. We chose the newest and the most advanced platform that is available in the market, the MetaTrader 5!

Why MetaTrader 5?​

Contrary to commune belief, MetaTrader 5 is not an upgrade of MT4. The MT4 platform was developed for trading in the Forex environment, whereas MT5 was coded for CFDs, Stocks, and futures access. To be short, MetaTrader 5 is for more experienced and advanced traders, but before we go with the MT5, at Solid ECN we ran a survey of the traders we know, and found out that most rookies and novice users are already with the MT5 platform, and for the first time the MT5 users have surpassed the MT4’s!

Major differences​

MT4 has 9-time frames, whereas MT5 offers 21-time frames. More time frames assist technical analyzers to have a better conception of the market movement.

• MT 4 has 4 pending orders, whereas MT5 provides 6 types of pending orders.
• MT 4 doesn’t have the market depth, but MT5 market depth is accessed within the chart.
• MT5 has the Economic calendar on default.
• MT4 has 4 types of pending orders, whereas MT5 holds 6 types.
• MT4 allows hedging only, whereas MT5 allows both hedging and netting on request.
• MT5 has 38 technical indicators, 44 analytical objects and unlimited charts
• Partial order filling policies (fill/kill or cancel return) is another advantage of the MT5 for advanced traders.
• The strategy tester of the MT5 platform is multi-threaded but MT4 is single-threaded.

 

[Solid ECN]

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Solid ECN Affiliate Program​

Become part of the Solid ECN Affiliate Program and be a member of one of the most profitable affiliate programs globally. Start earning a tangible income from your existing traffic.

With an affiliate program that grants the highest conversion rates, an extensive generous payment plan with the highest commission percentage available, Solid ECN is your safe trustworthy companion.

At Solid ECN we enable our affiliates by offering technology, support, and tailored tools (including banners and widgets) to have a world-class, hassle-free experience!

> High-end Commissions
> True ECN/STP Execution
> Competitive Commission Model
> Global Payment Methods
> Fast & on-time Payments
> Marketing Materials & Generous Promotions
> 24/7 Client Support
> Daily Tracking and Reporting​

 

[Solid ECN]

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Solid-ECN Account​

Solid ECN is a non-dealing desk broker, meaning that we do not carry on order flow to market makers. Rather, we match participants in a trade electronically and pass the orders to liquidity providers. As a true ECN broker, we facilitate trades for engaged investors across the ECN.

The technology behind Solid ECN provides for quicker executions and tighter spreads with higher leverage and greater transparency.

We try to take the required steps to assure your funds are safe, along with the immense level of protection over them. That is why all our traders' funds are independently managed from our own and held in segregated accounts in Tier 1 international banks.​

• Execution speed - Approach to liquid markets guaranteeing direct market access and agile fills.​
• Transparency - No price manipulation, no stop hunting, no decrease in leverage, and no hidden commission.​
• Trading hours - Trade Forex, and commodities 24/5, and Cryptocurrencies 24/7 from the MetaTrader 5 platform.​
• Leverage - Unlimited profit upon you with a wide selection of leverage from 1:1 to 1:1000 to trade CFDs. Manage the risks as you go.​
• Scalping - Fast order executions and small spreads allow Solid ECN to become a safe house for high-volume scalping strategies.​
• Hedge - Beat the inflation or reduce your losses with opening one or more trades that offset an existing position.​

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of market transparency mean price manipulation is not feasible.​

 

[Solid ECN]

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Euro hits six-week high ahead of ECB decisions​

Euro rose in European trade on Thursday for the sixth straight session against dollar, hitting six-week highs after piercing parity successfully, ahead of the European Central Bank's decisions later today, expected to increase interest rates by 75 basis points for the second time in a row.

Dollar extended its losses amid estimates the Federal Reserve will alleviate its aggressive stance on US interest rates as recession threatens the economy.
EURUSD rose 0.15% to 1.0093, the highest since September 13, after rising 1.2% yesterday, the fifth rise in a row, and the largest profit since October 17 amid signs of economic weakness.

ECB
Investors await the results of the ECB's policy meeting today as inflation in Europe hits successive record highs while the fuel crisis develops. Most analysts expect the ECB to increase interest rates by 75 basis points to 2%, the highest since 2008. ECB President Christine Lagarde will explain the decision following the meeting by 12:45 GMT.

The Dollar
The dollar index fell 0.1% today for the third session in a row, plumbing five-week lows at 109.53 against a basket of major rivals. A string of negative US data showed weakness in the world's largest economy and hurt prospects of aggressive policy tightening by the Federal Reserve.
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[Solid ECN]

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Euro Climbs Amid Forecasts about European Rates​

Euro rose in European trade against a basket of major rivals, away from week lows against dollar on prospects the European Central Bank might hike interest rates by 75 basis points for the third time in a row in December. The dollar lost ground ahead of the Federal Reserve's policy meeting later today, expected to announce its decisions tomorrow with a 0.75% rate hike to interest rates.

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• EURUSD rose 0.6% to 0.9938, after falling 0.9% yesterday, plumbing week lows at 0.9872 as US treasury yields surge.​
• Euro rose 0.8% on October, the first monthly profit in five months as the ECB finally moved aggressively to control record inflation. ​

European Rates​

Europe's consumer prices rallied 10.7% in October, a record high, passing estimates of 9.9%, and up from 9.9% in September.

As inflation hits double digits in Europe, analysts expect the ECB to raise interest rates by 75 basis points for the third time in a row in December. ECB President Christine Lagarde already warned from the record inflation rates all over the euro zone, noting the bank hasn't reached its targets yet with prices.

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The Dollar​

The dollar index fell over 0.5% on Tuesday on track for the first loss in four sessions against a basket of major rivals. Investors await the Federal Reserve's policy meeting later today, expected to announce its decisions tomorrow with a 0.75% rate hike to interest rates.

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[Solid ECN]

 

[Solid ECN]

 

[Solid ECN]

 

[Solid ECN]

 

[Solid ECN]

Platform​

The popular trading platforms are narrowed to a few. We chose the newest and the most advanced platform that is available in the market, the MetaTrader 5!

Why MetaTrader 5?
Contrary to commune belief, MetaTrader 5 is not an upgrade of MT4. The MT4 platform was developed for trading in the Forex environment, whereas MT5 was coded for CFDs, Stocks, and futures access. To be short, MetaTrader 5 is for more experienced and advanced traders, but before we go with the MT5, at Solid ECN we ran a survey of the traders we know, and found out that most rookies and novice users are already with the MT5 platform, and for the first time the MT5 users have surpassed the MT4’s!

Major differences ​

• MT4 has 9-time frames, whereas MT5 offers 21-time frames. More time frames assist technical analyzers to have a better conception of the market movement. ​
• MT 4 has 4 pending orders, whereas MT5 provides 6 types of pending orders.​
• MT 4 doesn’t have the market depth, but MT5 market depth is accessed within the chart. ​
• MT5 has the Economic calendar on default.​
• MT4 has 4 types of pending orders, whereas MT5 holds 6 types. ​
• MT4 allows hedging only, whereas MT5 allows both hedging and netting on request.​
• MT5 has 38 technical indicators, 44 analytical objects and unlimited charts ​
• Partial order filling policies (fill/kill or cancel return) is another advantage of the MT5 for advanced traders. ​
• The strategy tester of the MT5 platform is multi-threaded but MT4 is single-threaded.​

MetaQuote corporation has been sending announcements about stopping MT4 updates. Therefore, we believe it was in the best interest of all parties to go with the MT5 platform!​

 

[Solid ECN]

 

[Solid ECN]

Payment Methods

Solid ECN Securities added more than 50 cryptocurrencies to its payment system. Our clients at Solid ECN can manage their account funding by a wide range of cryptos, from bitcoin to Zilliqa, all are available in the Solid-Dashboard > Account funding.

Solid ECN took this step to offer cost-effective payment methods for its customers. The blockchain transfer fee of the major cryptocurrencies have been increasing, therefore, retails are interested in trying the alternatives.

With Solid ECN, any trader can take advantage of +50 crypto payments.

> It is secured;
> It is undisclosed;
> it is decentralized.

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of market transparency mean price manipulation is not possible.​

 

[Solid ECN]

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Solid ECN Products​

A professional method to secure assets reasonably is diversified trading. Trading on limited numbers of instruments was never suggested by the market leaders and hedge funders. They always spread their investments among commodities, indices, and or currencies. Diversity is one of the many keys to having success in the trading world.

At Solid ECN, clients have access to trade the world with high leverage whilst the spread is tightened at its minimum. You can create your dealing basket to enjoy the product diversity with Solid ECN. We strive to offer our customers the most popular and trending products, and we made a live and long list of trading instruments.

As of writing the list contains 250 products including:

> Forex (Major | Crosses | Minor)
> Precious Metals (Gold | Silver | Palladium | Platinum)
> Energy (Brent | WTI)
> Indices (spot)
> Nasdaq
> EPA (Adidas | British American Tobacco | BMW | Airbus and more …)
> Cryptocurrencies (Cardano | Algorand | BNB | Dogecoin | Ripple and more …)

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