Is Solidor Financiere a Scam? The Facts You Need to Know

The dealing center solidorfinanciere.com offers margin trading services with its primary financial tool — CFDs. Clients utilize WebTrader as their trading platform, which has built-in drawbacks and limitations. The broker’s trust level is low, resulting in predominantly negative client reviews. Let us check if the company is a scam.

Company Highlights

Key Solidor Financiere Trading Features

Solidor Financiere has a number of trading accounts. When registering, customers are able to choose from the following types of accounts: Mini, Beginner, Bronze, Silver, Gold, and VIP. The accounts differ in terms of deposit size and margin, as well as benefits and additional services that become available only after depositing a large amount.

The platform’s minimum deposit is €250. The VIP account demands a deposit of €250,000, providing access to the broker’s full service package. However, the true values ​​of the spreads remain undisclosed, with only the 0.01 pip base being stated as applicable. It is interesting to note that spreads tend to be artificially high, especially for the basic account requiring a €250 deposit.

The leverage level is 1:200. Such a figure is evidence of fraud, as European and offshore regulators restrict‌ it. Fraudulent brokers use excessive leverage on purpose to facilitate manipulations, which leads to losses for clients.

As a rule, the company offers poor trading conditions, which is evidence of its unreliability. The key issues are artificially widened spreads, excessive leverage, and the absence of additional services or high-quality customer support.

Overview of Available Trading Instruments

Solidor Financiere provides access to several asset classes, including currency pairs, cryptocurrencies, indices, commodities, and CFDs. Notwithstanding this, it does not openly proclaim the number of provided instruments, much in accordance with fraud services’ custom.

The risks of CFD trading should be taken into account. Contracts for difference possess inherent disadvantages, and successful trading is not simple. For instance, there is typically a conflict of interest. Furthermore, access to certain financial instruments, such as cryptocurrencies, is only possible after increasing the initial deposit size.

Solidorfinanciere.com Trading Platform

Solidor Financiere only offers trading through the WebTrader platform. That is, the platform is offered only in browser format with all the ensuing limitations. There is no native mobile app for smartphones.

The current WebTrader version includes basic functionality such as order history, balance information, and user profitability. However, its main drawbacks include artificial liquidity, incorrect asset quotations, and issues with transaction performance and information security. Advertised privileges, indicators, and strategies are not provided.

Additional Services

Solidor Financiere offers several services for clients who are willing to deposit more than €5,000. The standard account provides access to news articles, indicators, and expert-led sessions. For larger deposits, the company guarantees assistance in financial planning and also provides priority withdrawal of funds.

Advanced accounts include educational programs for new users and deposit protection features. The dealer also promises access to special groups on messaging platforms and social media. The VIP account provides faster fund withdrawals. However, there is no affiliate program or bonus system for active users.

Fee Structure. Are You Paying More Than You Should?

Like other scam companies, Solidor Financiere deliberately hides information about trading fees from view. There is no information on transaction costs on the official website or in legal documents. While some of the best conditions for VIP accounts are promised, those appear to be nothing but marketing illusions.

Transaction fees are typically semi-disclosed. There is reportedly no commission when opening accounts. Conversely, since transactions are predominantly made in cryptocurrency, network fees (e.g., 1 USDT) are necessary. Withdrawal fees are also not disclosed, leaving company representatives free to impose subjective fees.

Legitimacy of Solidor Financiere

Solidor Financiere is not licensed or has any form of certification from European or offshore regulators. This creates a massive risk to customers, who lack any legal recourse in the event of being out of favor with the company or losing money.

Hidden at the very bottom of the broker’s website is a mention of the Financial Commission. Sadly, this organization is a fake and is usually used by dishonest traders to deceive users into thinking they are real. Additionally, attempts to access the commission’s registry will simply redirect users to the company’s website. The office address given on the site is also fake — most likely the result of a random selection intended to confuse novice traders.

The Broker’s Past and Present

The management of Solidor Financiere declares to have a rich eight-year history of work with eight branches and more than 700 employees worldwide. The company also claims fake statistics regarding a high rate of approval within the trading community.

A quick scan by the Whois service refutes these claims. The domain was registered during the second half of 2024 only. This confirms the business company’s scam status and explains the negative comments and complaints from traders.

Conclusion

Solidor Financiere is an unreliable intermediary offering unappetizing CFD terms. We highly advise against investing in this company due to the high chance of financial loss. Moreover, the project is not European regulator-approved, features a standard website design, and has a poor-quality trading terminal.

Weighing the Pros and Cons

Common Questions