Solid ECN | %40 Deposit Bonus

[SOLIDECN]

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 …)

 

[Solid ECN]

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

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[Solid ECN Securities]

Solid ECN - No Deposit Fee Promotion

The commission our customers pay for adding funds to their trading accounts via any payment options is zero at Solid ECN.

When a transaction is made to a trading account, a part of the transferred amount is deducted by the payment processor as commission. Solid ECN covers transaction fees, and we named it the Solid-Cover! All clients of Solid ECN receive the actual deposit with no deduction instantly to their trading account.

> Instant Deposit: Deposit to your trading account to catch the market opportunities instantly
> No Fee: No fee applies on any transaction of yours
> Receive Full Amount: Receive the actual deposit with no deduction instantly to your trading account.
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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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Visit solidecn.com
Trust Score 4.9​

 

[Solid ECN]

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

​

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Visit solidecn.com
Trust Score 4.9​

 

[Solid ECN Securities]

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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Trust Score 4.9​

 

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XRPUSD - Technical analysis

The XRPUSD pair continues to trade within the mid-term descending channel, but last week it entered a narrow sideways range of 0.3173-0.2984 (Murray [1/8], Fibo retracement 0.0%), where it is now.

A breakdown of the 0.2984-0.2929 zone (Fibo retracement 0.0%, Murray level [0/8]) will ensure a further decline in quotes to the levels of 0.2685 (Murray level [-1/8]), 0.2441 (Murray level [-2/8]). The key for the "bulls" is the level of 0.3418 (Murray level [2/8], the upper line of the Bollinger Bands), in case of its breakout, the price will leave the descending channel and will be able to rise to the area of 0.3906 (Murray level [4/8], Fibo retracement 38.2%), 0.4394 (Murray level [6/8], Fibo retracement 50.0%).

Technical indicators signal the continuation of the downward trend.

Resistance levels: 0.3418, 0.3906, 0.4394 | Support levels: 0.2929, 0.2685, 0.2441​

 

[Solid ECN]

Solid ECN - Negative Balance Protection​

Volatility often occurs in the market. Solid ECN has always been committed to the highest standards.

With the Solid-Shied feature, the traders don’t have to worry about having a negative balance with Solid ECN. This means that even under highly volatile situations when margin calls and stop-outs do not function accurately, no client with Solid ECN is responsible for paying back a negative balance.

Solid-Shield automatically adjusts the balance to zero in case it becomes negative after a stop-out. The process of reset is automatic.

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[SOLIDECN]

XRPUSD - The pressure on the coin remains​

Currently, the instrument is under the influence of opposite factors. Thus, the weakening of the US currency contributes to the price increase on the eve of a likely slowdown in December in the pace of interest rate hikes by the US Fed. Earlier, this possibility was confirmed by the head of the American regulator Jerome Powell. Nevertheless, a significant strengthening of the positions of digital assets continues to be hindered by the negative associated with the bankruptcy of the FTX exchange. Additional pressure on XRP is exerted by the decision of Coinbase, the largest cryptocurrency platform in the United States, to discontinue support for XRP, BCH, ETC and XLM tokens by the Coinbase Wallet, which is explained by the low volumes of their use. The management of the platform assured that investors will not lose their funds, but to access them it is necessary to use another electronic wallet and go through the recovery procedure. Some experts have suggested that this decision is due to the possibility of a negative outcome for Ripple in the lawsuit filed by the US Securities and Exchange Commission (SEC) to determine the status of XRP as a security.



Technically, the XRPUSD pair continues to trade within the long-term descending channel. The price has reached its upper limit and is currently trying to resume the decline, but for this it will need to consolidate below the middle line of the Bollinger Bands in the area of 0.3770. In this case, the quotes will be able to fall to the area of 0.3418 (Murray level [-1/8]) and 0.2930 (Murray level [-2/8]). In case of a breakout of the level of 0.4350 (Murray level [1/8], Fibo retracement 23.6%), the price will leave the descending channel and will be able to rise to the levels of 0.4883 (Murray level [2/8]), 0.5219 (Fibo retracement 38.2%).

Technical indicators do not give a single signal: the Bollinger Bands are horizontal, the Stochastic reverses upwards, the MACD histogram is stable in the negative zone.

Resistance levels: 0.4350, 0.4883, 0.5219 | Support levels: 0.3770, 0.3418, 0.2930​

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[Solid ECN Securities]

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.
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[SOLIDECN]

Euro widens gains to six-month highs ahead of US jobs data

Euro rose in European trade against dollar for third straight session, hitting six-month highs and on track for the second weekly profit in a row as concerns about the widening policy gap between Europe and the US fades away. Dollar is extending its heavy losses against a basket of major rivals following recent remarks by Fed Chair Jerome Powell, at which he hinted strongly at only a 0.5% rate hike in December.

Investors await important official US payrolls data later today for November, which will provide fresh clues on growth. EURUSD rose over 0.2% to 1.0542, the highest since June, with a session-low at 1.0504, and the largest profit since November 11.
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[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!
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Refund Policy​

There is no perfection in services online, and when funding is involved, we believe that the merchant should have a transparent refund policy. Solid ECN Securities acknowledges customer rights, and for that reason, we drafted the Solid-Refund policy.

There are circumstances when it is essential to return payment. Clients may submit a refund petition if the merchant service was not as described or the service was not functional or if the client justifies the reason.

We tried to make the money return policy concise, simple, and clear to give our customers a feeling of security. That is why we guarantee our services, and if it wasn’t as described the consumer has the right to apply for a money return.

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[Solid ECN Securities]

XAGUSD - Silver Institute predicts metal supply shortage​

The increasing gap between supply and demand in the market can also support the position of the asset: back in early October, the Silver Institute predicted that in 2022 the demand for the precious metal would increase by at least 5.0% and reach 1.11B ounces with a relatively constant supply, which will amount to 1.09B ounces, provoking an increase in prices. At the end of last week, experts revised their preliminary estimates of demand, raising it sharply by 16.0% to 1.21B ounces, which means an even greater shortage of supply, which, according to forecasts by the statistics portal Metals Focus, could reach 194.0 by the end of the year. Confirming the trend, the London Bullion Market Association reported a drop in silver stocks over the past year by a record 27.2%.

On the daily chart of the asset, the trading instrument continues the global correction, heading above the resistance line of the wide rising channel, and the technical indicators, despite the slowdown, keep a stable buy signal.

Resistance levels: 23.1, 24.4 | Support levels: 21.6, 19.8

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[Solid ECN]

Chart of the Day - CHNComp​

The Chinese National Health Commission announced a major easing of Covid curbs in the country today, including some restrictions that were in place for a long time. Asymptomatic patients as well as those with mild symptoms will now be allowed to self-quarantine at home instead of being moved to centralized quarantine camps. Negative Covid tests will no longer be required for cross-country travels as well as in most public venues. Movement restrictions in non-high risk zones will be removed while Chinese authorities will be more precise about what is a high-risk zone (rather than locking down whole communities). This is a major shift away from a strict Covid-zero policy that has been in place in China until now and sign that economic damage stemming from these policies as well as a social unrest triggered by them are a risk to CCP.

However, as media reports on easing of Covid restrictions have been making rounds for weeks now, the announcement triggered some profit taking. While Chinese indices, like CHNComp, jumped in a knee-jerk move, those gains were quickly pared and the index turned lower.

Taking a look at the CHNComp chart at D1 interval, we can see that the index tested 200-session moving average today (purple line) but failed to break above. Index started to pull back after a failed test and is now trading almost 5% below daily high! However, there is still some room for declines to deepen until important support level are reached. The first such level can be found at the 23.6% retracement of a recent upward impulse (6,350 pts) while the second, and a more important one, can be found at a lower limit of a local market geometry (6,175 pts).

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Solid-Standard Account​

The Solid Standard was designed for traders who favor trading in live market situations to take measures to a professional ECN/STP trading but rather not to pay fees. The Solid-Standard account is a unique account on the MetaTrader 5 trading platform that links some of the best features of real-market ECN trading with compact light spreads with no charge. These accounts are ideal for studying to trade under interbank market conditions with minimum risk.

You can begin with as low as $10 and trade without commission while experiencing the benefits of tight spreads that adapt according to the current market conditions.

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BTCUSD - the decision of the US Federal Reserve will determine the dynamics of "digital gold"

Last week, the BTCUSD pair fell to the 16700 area but then won back the losses and rose to 17200, where it has been trading over the past few sessions.

The cryptocurrency market remains uncertain: the bankruptcy of the FTX exchange is putting pressure on it, but monetary factors prevent a significant decrease in quotes. The liquidation of several large digital projects at once in six months caused serious damage to the sector, expressed in the loss of confidence in it and a decrease in investment. Thus, according to a survey of American citizens conducted by the CNBC channel, by the end of the year, the number of respondents who had a positive attitude towards digital assets adjusted to 8.0% from 19.0%, and after the Terraform and FTX bankruptcies, the number of respondents who were strongly negative about cryptocurrencies, rose from 25.0% to 43.0%. The situation with FTX did not go unnoticed by the authorities, which creates the possibility of tightening control over the activities of such sites, restraining the activity of its participants. State regulators are already checking messages for unfair advertising, and the US Securities and Exchange Commission (SEC) has required national businesses to publicly disclose the ownership of digital assets and report transactions with cryptocurrency market participants.

However, the negative fundamentals did not contribute to a sharp downward correction, as investors hope that the "hawkish" rhetoric of the US Fed will soften in the face of an emerging slowdown in price growth, which may cause the dollar to weaken against its main competitors. This week, analysts expect two major events – the publication of November inflation data and a meeting of the US regulator: if the consumer price index declines again, a decrease in interest rate growth to 50 basis points will become inevitable, and in the future, a short-term break in tightening of the monetary policy will become possible.

The trading instrument is near the resistance zone 17500 – 17830 (Murrey [6/8], Fibonacci correction 23.6%), the breakout of which will give the prospect of further growth to 19100 (Fibonacci correction 38.2%), 20000 (Murrey [8/8], Fibonacci retracement 50.0%). After the breakdown of the middle line of Bollinger bands around 16800, the decline may resume to 15700 (the area of November lows), 15000 (Murrey [4/8]), and 13750 (Murrey [3/8]).

Technical indicators signal a high probability of correction: Bollinger Bands and Stochastic are reversing upwards, and MACD is decreasing in the negative zone.

Resistance levels: 17830, 19100, 20000 | Support levels: 16800, 15700, 15000, 13750​

 

[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.​

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[Solid ECN Securities]

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.

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[SOLIDECN]

Solid-Micro Account​

The main unique feature of Solid-Micro accounts is that the minimum trading volume starts from 0.001, while the trading conditions are similar to those for standard accounts. As a result, these account types suit both beginners and professionals, because they may help them test new trading strategies or Expert Advisors in market conditions without any significant financial investments.

> Minimum Deposit $5
> Minimum lot 0.001 lots (100 units)
> Leverage 1:1000

Feel free to open an account and start trading Forex with as low as $5!

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