Comprehensive Review of FXSolaris

FXSolaris positions itself as a brokerage firm with access to all major core financial instruments, extremely high leverage, and trading signals. It also promises analytical content, expert guidance, and events, but whether all this works in customers’ favor is another question. In the review below, we will check how the outlined terms work in general for the benefit of clients, discuss the real trading conditions, share the pros and cons of this broker’s activities, and ultimately evaluate whether it is a decent project or just a scam.

Highlights

Key Trading Features

FXSolaris has various account types targeted at different classes of traders: from absolute newbies to advanced professionals. They are called “Starter,” “Advanced,” “Premier,” “Elite,” and “Master”. Each tariff has the same set of features and some additional services and privileges that are available with different minimum deposits. Thus, a regular account will have a minimum deposit of 250 dollars, while more advanced ones with added features will require deposits between $100,000 and $250,000.

The broker’s website lacks sufficient transparency regarding some important trading details. For instance, managers list the spreads or swap rates very selectively, if at all. The leverage increases with the deposit size. It starts at 1:200 for a Starter account and goes as high as 1:2000 for a Master account. This is well above the regulatory limit set by European financial authorities, which typically cap leverage at 1:30 to protect traders, especially inexperienced ones, from taking on too much risk. If someone were to offer such high leverage, it would be highly suspicious because it doesn’t meet the criteria of regulations and is a red flag regarding possible devious practices (like for example turfcapprivate.com review).

Besides leverage, FXSolaris claims supportive services such as trading signals, expert guidance, and day-and-night customer support. It is stated that having a premium account entitles users to analyst sessions every week and events for “an edge in making decisions.”

However, we have great doubts that these privileges are really available to clients, since the site does not have the appropriate functionality. For example, in sections with analytics or trading strategies, managers offer a couple of paragraphs of plain text and publicly available widgets from TradingView.

Overview of Available Trading Instruments

Available trading instruments offered by FXSolaris depend ‌on the type of account the user opens. The general idea is that spot and margin trading would make everything available: from currency pairs to commodities, precious metals, indices, and cryptocurrencies. However, according to the website, the expanded list of these assets, especially cryptos, will only be available if the balance is maintained at least $25,000.

Although FXSolaris advertises a wide range of assets, there is no evidence that all of them are available or profitable on the web terminal. Other common issues include low liquidity and inaccessible asset classes that prevent potentially profitable trades from being executed.

Trading Platform Analysis

FXSolaris primarily offers the browser-based WebTrader platform. This trading tool is the only format available, and users who rely on mobile trading may experience some operational difficulties.

The system does provide some settings to personalize: an adjustable interface and a search tool to display a certain instrument. FXSolaris also boasts the implementation of SSL encryption in order to protect its users’ data during browser trading. However, there are some significant drawbacks regarding WebTrader: the risk of fictitious liquidity, as well as the fabricated order book and the false trade record. Furthermore, even ‌candlestick charts appear to be manipulated. Basic features such as indicators or copy trading are not available.

All these limitations, coupled with the lack of a liquidity provider, raise several questions regarding the advisability of using this portal for any trader who seeks reliability and transparency.

Additional Services

FXSolaris advertises additional services, but most of them, as we have already mentioned, are accessible to clients with substantial deposits. These include, but may not be limited to, bonus offers, personal trading strategies, analytic tools, and an economic calendar. However, detailed information regarding bonus rewards is not so transparent.

Another drawback is the lack of training materials for beginners. That means that it would be more difficult for new traders to improve their skills in FXSolaris. There is also no loyalty program or cashback — the kind of reward that a reputable broker provides to maintain customer loyalty.

Fee Structure

Deposit and withdrawal fees are determined by FXSolaris, as well as commissions for trading. Bank cards and Swift are allowed for account funding. There is no fee for deposits, but withdrawals are subject to a $50 fee for bank transfers and $35 for cards. There is also a 10% charge in case the client does not reach a trading volume of 200 trades within a certain period.

Although FXSolaris claims to not charge any deposit fees, the fees charged for withdrawals are quite high. Additionally, transparency around other transaction fees on the platform is limited, and therefore there may be hidden costs that may actually reduce the profitability of trades.

Legitimacy of FXSolaris

For some reason, the broker only reports UK regulation. According to managers, FXSolaris acts on behalf of the legal entity Contis Financial Services Limited, which in turn is regulated by the FCA. Thank you, all the better for us. We immediately checked the FCA register and found that the said organization has its own website https://www.solarisgroup.com/en/. By the way, this company has existed since 2007; the FCA license allows it to engage in electronic payments, and not at all brokerage. So someone here is clearly lying, and it’s unlikely the British regulator.

Apparently, FXSolaris is not regulated by financial authorities in Europe or any other reputable oversight body. This lack of licensing is seen as a big red flag, as such a broker will not have to follow the usual level of protection and operational transparency imposed on regulated ones.

Moving on, in the website’s footer, we see no more indication of regulatory oversight; also, there is no license information shown in the documentation section. Some basic documents are provided: a KYC, AML, a client agreement, and a summary of fees. The information is very basic and far from what one would expect from a regulated broker.

Without regulatory licensing in place, FXSolaris is unable to guarantee the safety of client funds. If there are any issues with withdrawals or if a dispute arises, customers have limited options as there is no supervisory authority to turn to for dispute resolution.

Company History

The background of FXSolaris is very opaque: there isn’t any “About Us” section explaining the company’s history, its milestones, and the awards it has received, let alone the security and trust. Checking on the domain claims that this broker has been operating within Europe only since the second half of 2024. This means that with a history of less than six months, working with this company could be seriously risky, not to mention that it has never been licensed by government regulators.

Conclusion

FXSolaris advertises itself with claims of access to various trading instruments and profitable leverage, as well as customer support. However, the broker does not have the relevant license; certain sensitive information remains non-transparent, while its usability stands questionably at best.

Weighing the Pros and Cons

Common Questions