Solid ECN | %40 Deposit Bonus

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Navigating Market Volatility with Solid ECN's Solid-Shield Feature​

Market volatility is a common occurrence in the world of trading. It's a phenomenon that can cause rapid and significant price movements within short periods of time. While this can present opportunities for profit, it also comes with a high level of risk. This is where Solid ECN comes into play.


Introducing Solid-Shield: Your Defense Against Negative Balances

One such feature is Solid-Shield, a protective measure designed to prevent traders from falling into negative balance. This means that even in highly volatile situations when margin calls and stop-outs may not function as expected, no client is responsible for repaying a negative balance.

How does it work? Simple. If your balance becomes negative after a stop-out due to extreme market conditions, Solid-Shield automatically adjusts your balance back to zero. This process can take between 12 to 24 hours, ensuring that your account is ready for your next trading session.


The Benefits of Trading with Solid ECN

Trading with Solid ECN means you're backed by a broker who understands the intricacies of the market and provides tools to help you navigate its complexities. With features like Solid-Shield, you can trade with peace of mind, knowing that you're protected from negative balances even during periods of high market volatility.

Before making a new deposit, please consider that the reset process can take some time. However, rest assured that our team is working diligently to ensure your trading experience is as smooth and secure as possible.​
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

About Solid ECN​

Solid ECN is your gateway to the world of forex trading! Offering a vast array of over 250 trading products, Solid ECN caters to traders across the globe, providing them with the tools and platform to explore and capitalize on market opportunities.

With Solid ECN, you can leverage your trades up to 1:1000, giving you the power to trade more with less. Whether you're a seasoned trader or just starting out, our leverage options provide you with the flexibility to trade according to your strategy and risk tolerance.

At Solid ECN, we understand the importance of a reliable and user-friendly trading platform. That's why we offer the MetaTrader 5 platform, renowned for its advanced features, intuitive interface, and versatility. Whether you're trading forex, CFDs, or other financial instruments, MetaTrader 5 makes it easy to monitor the markets, perform technical analysis, and execute trades.

Join Solid ECN today and experience forex trading like never before!​


%15 Bonus | Swap Free | Raw Spread
Solidecn.com
Trust Pilot Score 4.9
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Solid ECN: A Brokerage Built by Traders, for Traders​


In the world of trading platforms, only a select few truly stand out. At Solid ECN, we’ve chosen the most advanced and innovative platform available on the market - MetaTrader 5 (MT5).

Why MT5?
Contrary to common belief, MT5 is not simply an upgrade from MT4. While MT4 was designed specifically for Forex trading, MT5 was developed with a broader scope, catering to CFDs, Stocks, and Futures. In essence, MT5 is geared towards more experienced and advanced traders.

Before adopting MT5 at Solid ECN, we conducted a survey among traders we know. The results were surprising - even novice traders are already using MT5, and for the first time ever, the number of MT5 users has surpassed those on MT4!

Key Differences Between MT4 and MT5
  • MT5 offers 21 time frames compared to MT4’s 9, providing technical analysts with a more comprehensive view of market movements.​
  • While MT4 provides 4 types of pending orders, MT5 offers 6 types.​
  • Unlike MT4, MT5 provides access to market depth directly within the chart and includes an Economic Calendar by default.​
  • MT5 allows both hedging and netting upon request, while MT4 only permits hedging.​
  • MT5 boasts 38 technical indicators, 44 analytical objects and unlimited charts.​
  • Advanced traders will appreciate MT5’s partial order filling policies (fill/kill or cancel return).​
  • The strategy tester on the MT5 platform is multi-threaded, unlike the single-threaded tester on MT4.​
Given that MetaQuotes Corporation has announced it will stop updating MT4, we believe that adopting the MT5 platform aligns with the best interests of all our traders at Solid ECN!

%15 Bonus | Swap Free | Raw Spread
Solidecn.com
Trust Pilot Score 4.9
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Payments

Solid ECN Securities has expanded its payment system to include over 50 cryptocurrencies. This enhancement allows our clients to diversify their account funding options with a broad spectrum of cryptos, from Bitcoin to Zilliqa, all accessible via the Solid-Dashboard.

This initiative by Solid ECN aims to provide our customers with economical payment alternatives in response to the rising blockchain transfer fees of major cryptocurrencies, prompting retailers to explore other options.

At Solid ECN, traders can leverage the benefits of more than 50 crypto payment methods which are:​
  • Secure;​
  • Confidential;​
  • Decentralized.​
We'd love to hear from you. How do you prefer to fund your account? Please share your thoughts in the comments below. Your feedback is important to us.

%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com | Trust Pilot Score 4.9
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Asia Market Wrap:​

Asian markets are seeing a downturn, reflecting a global bond market sell-off due to fears of prolonged high interest rates. This has affected various assets, with global equities taking a significant hit.

The ISM manufacturing data and the JOLTS report suggest a hawkish outlook. The US factory sector, in contraction for 11 months, shows signs of potential expansion. The JOLTS report highlighted a large gap between labour supply and demand, leading to increased wages.

Amid strong economic data and predictions of higher rates from experts like Jamie Dimon and Ray Dalio, bondholders are nervous. Navigating such bond markets requires courage.

The US economy remains strong, with an estimated annualized growth rate of 4.2% in Q3, up from 2.1% in Q2. This is surprising given the Federal Reserve's aggressive monetary policy tightening. Factors like pent-up pandemic demand, job creation, and wage increases contribute to this growth.

However, the US economy is expected to slow down significantly, potentially below 1% in Q4 and may stall next year. This is due to the impact of the Federal Reserve's large interest rate hikes last year. The housing market is particularly affected, with 30-year mortgage rates at a 23-year high of over 7%, leading to low home sales and affordability issues. Bank lending standards are tightening. Services could be affected as households cut back on non-essential purchases and many have depleted their pandemic savings. Additionally, many student loan borrowers have resumed repayments after a 3.5-year break, adding to consumer financial pressures.

The current economic slowdown aligns with the Federal Reserve's aim to control inflation. However, rising oil prices have paused the steady decrease in inflation, which had fallen from a peak of 9.1% in summer 2022 to 3.0% in June, then rose to 3.7% in August. On the bright side, core inflation, excluding food and energy, has remained stable at near two-year lows of 4.3%, down from 6.6% last fall. This is due to smoother global supply chains and slower wage growth. But services inflation remains high, suggesting a return to the Fed's 2% target won't likely happen until early 2025.

The theme of "higher for longer" has pushed 10-year Treasury yields up by 130 basis points over the past five months, reaching a 16-year high of 4.8%. It's expected that yields will drop to 4.25% by year-end and further to 3.75% in late 2024, but this will likely need US data to show a downturn, a looser labour market, and lower inflation to convince investors.

The quick reversal of the US Treasury yield curve is significant. This change could lead to imminent recession warnings. If the unemployment rate increases even slightly, it could trigger recession alarms.​


%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com | Trust Pilot Score 4.9
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Fight the inflation with Solid ECN Wallets​

At Solid ECN Securities, we understand the challenges that inflation can pose to your financial stability. In response to these concerns, we've developed an innovative solution designed to safeguard your assets, investments, and profits. We're excited to introduce our multi-wallet feature, a versatile tool that allows you to store your wealth in a variety of highly sought-after currencies and cryptocurrencies.

Our multi-wallet feature includes:
  • Euro Wallet: Ideal for those who deal primarily with European markets or travel frequently within the Eurozone.​
  • Bitcoin Wallet: Perfect for cryptocurrency enthusiasts looking to capitalize on the growing popularity and potential profitability of Bitcoin.​
  • US Dollar Wallet: A must-have for anyone involved in global trade, as the US dollar is widely accepted around the world.​
  • Pound Sterling Wallet: Great for those who have business interests in the UK or wish to take advantage of the pound's strength.​
  • Canadian Dollar Wallet: An excellent choice for those with ties to Canada's robust economy.​
By offering these diverse wallet options, we aim to provide our customers with the flexibility and security they need to navigate the financial landscape confidently. Whether you're looking to protect your assets from inflation, diversify your portfolio, or maximize your profits, our multi-wallet feature has you covered.

Solid ECN Securities is not just a platform; it's a community dedicated to empowering its members through financial literacy and innovative tools. We're proud to be a leading destination for trading Forex, Commodities, Indices, and Cryptocurrencies.

We invite you to open an account with Solid ECN Securities today and experience the difference for yourself. Join us in navigating the exciting world of finance and investment. Your journey towards financial empowerment starts here.

%15 Bonus | Swap Free | Raw Spread
Solidecn.com
Trust Pilot Score 4.9
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39
No Deposit Fee

At Solid ECN, we prioritize our customers’ satisfaction and strive to provide the best trading experience. One of the ways we achieve this is by ensuring that our customers do not have to bear any additional costs when adding funds to their trading accounts. We proudly offer a zero-commission policy on all payment options, making us a cost-effective choice for traders.

When you make a transaction to your trading account, it’s common for payment processors to deduct a portion of the transferred amount as commission. However, at Solid ECN, we’ve got you covered! We absorb these transaction fees under our unique initiative called “Solid-Cover”. This means that all clients of Solid ECN receive the full deposit amount, with no deductions, instantly in their trading account.
Here are some key features of our services that set us apart:​
  • Instant Deposit: We understand that in the world of trading, timing is everything. That’s why we offer instant deposits to your trading account, allowing you to seize market opportunities without delay.​
  • No Fee Policy: At Solid ECN, we believe in transparency and fairness. We do not charge any fees on your transactions, ensuring that your trading capital goes further.​
  • Receive Full Amount: With our Solid-Cover initiative, you receive the actual deposit with no deductions instantly in your trading account. This means more funds for you to trade with and potentially increase your profits.​
Choose Solid ECN for a seamless, cost-effective, and rewarding trading experience. Your success is our priority.​


%15 Bonus | Swap Free | Raw Spread
Solidecn.com
Trust Pilot Score 4.9
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Solid ECN - Your Unique Regulated Broker​

Diversified trading is a strategic approach to safeguard assets effectively. Market leaders and hedge fund managers never recommend trading on a limited number of instruments. Instead, they diversify their investments across commodities, indices, and currencies. This diversity is a crucial factor in achieving success in the trading world.

At Solid ECN, we provide our clients with the opportunity to trade globally with high leverage while maintaining minimal spreads. You can customize your trading portfolio to take advantage of our diverse product offerings. We are committed to offering our customers the most popular and trending products, and we have compiled an extensive list of live trading instruments.

Currently, our list includes 250 products. To view the complete list of Solid ECN products, you can open a demo account here.

Here are some of the categories you can trade in:​
  • Forex: This includes Major, Crosses, and Minor pairs.​
  • Precious Metals: Trade in Gold, Silver, Palladium, and Platinum.​
  • Energy: Includes Brent and WTI.​
  • Indices (spot): Trade in the most popular global indices.​
  • EPA: Trade in stocks like Adidas, British American Tobacco, BMW, Airbus, and more.​
  • Cryptocurrencies: Includes Cardano, Algorand, BNB, Dogecoin, Ripple, and more.​
Start your journey with Solid ECN today and explore the world of diversified trading!

%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
Trust Pilot Score 4.9
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39
Introducing the Solid-Standard Account: A True ECN Broker, Crafted by Traders for Traders

The Solid-Standard account is a unique offering tailored for traders who prefer engaging in real-time market scenarios and aspire to step into professional ECN/STP trading without the burden of fees.

This account, hosted on the advanced MetaTrader 5 trading platform, ingeniously combines the best aspects of genuine-market ECN trading with the advantage of minimal spreads and zero charges. It's an ideal choice for those who wish to learn and adapt to trading under the conditions of the interbank market while minimizing risk.

The Solid-Standard account offers a low entry barrier, allowing you to start with as little as $10. It provides a commission-free trading experience while still offering the perks of tight spreads that adjust in response to current market conditions.

This account type is perfect for those who are new to the world of forex trading or those who want to take their trading to the next level. It offers a real-world trading environment where you can learn and grow as a trader. With the Solid-Standard account, you can experience the thrill and challenges of forex trading without worrying about high costs or complex fee structures.

So why wait? Step into the world of professional forex trading with the Solid-Standard account and experience a seamless, cost-effective trading journey.

%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Solid ECN Deposit Bonus

In the dynamic world of forex trading and other leveraged products, having a substantial margin is not just a necessity, it's a game-changer. It's a common pitfall, especially for beginners, to venture into high volatility markets such as cryptocurrencies with a low balance. This approach can lead to significant losses and missed opportunities.

%15 Deposit Bonus

At Solid ECN, we understand these challenges and have devised a unique solution for our customers. We offer an impressive 15% boost on deposits, up to a maximum of $500 per account. This means you have more capital at your disposal to navigate the unpredictable waves of the market.

Solid ECN: Client-Focused Broker

What sets us apart from other trading platforms is our commitment to our customers' success. Unlike most companies that withdraw bonuses during stop-outs and margin calls, the credit provided by Solid ECN is 100% tradeable and can be lost. This means you have more room to make strategic trades without worrying about losing your bonus.

By offering this service, Solid ECN willingly takes on an additional 15% risk. Why? Because we believe in empowering our clients to trade with greater confidence. We're committed to providing a robust platform where you can maximize your trading potential.

We invite you to experience the Solid ECN difference today. Join us and discover how our unique deposit boost can enhance your trading strategy. We value your feedback and would love to hear about your trading experiences with us. Your success is our success, and at Solid ECN, we're with you every step of the way.

%15 Bonus | Swap Free | Raw Spread
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39
Introducing the Solid ECN Ultimate ECN Affiliate Program

Unlock the potential for substantial earnings and become a valued member of the Solid ECN Affiliate Program - recognized as one of the most lucrative affiliate programs globally. You now have the opportunity to turn your existing traffic into a dependable source of income.

Our affiliate program boasts unparalleled conversion rates, setting the industry standard for performance. Backed by an exceptionally rewarding payment structure with the highest commission percentages available, Solid ECN is your reliable partner in the world of finance.


What Sets Us Apart?

At Solid ECN, we prioritize your success by equipping you with cutting-edge technology, unwavering support, and custom-tailored resources. From attention-grabbing banners to interactive widgets, we ensure you have all the tools you need for a world-class, hassle-free experience.

Discover the Advantages:

High-end Commissions
: Maximize your earnings with industry-leading commissions.
True ECN/STP Execution: Transparent and seamless trading for your referrals.
Competitive Commission Model: Stay ahead in the competitive financial sector.
Global Payment Methods: Enjoy the flexibility of a wide range of payment options.
Fast & On-time Payments: Your rewards delivered promptly, every time.
Marketing Materials & Generous Promotions: Access a wealth of promotional materials and lucrative campaigns.
24/7 Client Support: Your referrals receive top-notch support around the clock.
Daily Tracking and Reporting: Stay in the know with real-time performance data.

Join the Solid ECN Affiliate Program and seize the opportunity to elevate your affiliate marketing efforts. With our exceptional conversion rates and unwavering support, you're on your way to achieving remarkable success.

Your journey to higher affiliate earnings starts here. Don't miss out - become a Solid ECN Affiliate today!​


%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Experience Unmatched Trading with Solid-ECN


Experience the Solid-ECN Account at www.solidecn.com, a genuine ECN Broker designed by traders for traders.

Solid ECN, a non-dealing desk broker, ensures that we don’t pass on order flow to market makers. Instead, we electronically match participants in a trade and forward the orders to liquidity providers. As a bona fide ECN broker, we enable trades for active investors across the ECN.

Our advanced technology at Solid ECN allows for faster executions and narrower spreads with increased leverage and superior transparency.
We strive to ensure the safety of your funds by providing a high level of protection. All our traders’ funds are managed separately from our own and are kept in segregated accounts in top-tier international banks.
  • Execution Speed - Our approach to liquid markets guarantees direct market access and swift fills.
  • Transparency - We ensure no price manipulation, no stop hunting, no decrease in leverage, and no hidden commission.
  • Trading Hours - Trade Forex, commodities 24/5, and Cryptocurrencies 24/7 from the MetaTrader 5 platform.
  • Leverage - Experience unlimited profit potential with a wide selection of leverage from 1:1 to 1:1000 for trading CFDs. Manage your risks effectively.
  • Scalping - Rapid order executions and narrow spreads make Solid ECN a secure platform for high-volume scalping strategies.
  • Hedging - Counteract inflation or minimize your losses by opening one or more trades that offset an existing position.

Solid ECN offers crucial benefits for forex traders in the US, EU, and beyond. Our high levels of market transparency ensure that price manipulation is not possible.


%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Solid-Micro Account: A True ECN Broker Experience​

Welcome to Solid ECN, a platform brought to you by a true ECN broker. We're here to revolutionize your trading experience.


Unique Features of Solid-Micro Accounts

The Solid-Micro account stands out in the trading world with its unique feature - a minimum trading volume that starts from as low as 0.001. This feature, combined with trading conditions similar to standard accounts, makes Solid-Micro accounts an excellent choice for both beginners and professionals.


Why Choose Solid-Micro Accounts?

Solid-Micro accounts are designed to help traders test new trading strategies or Expert Advisors in real market conditions without making significant financial investments. This flexibility makes it an ideal platform for those looking to explore and innovate in the trading world.

Key Trading Conditions
  • Minimum Deposit: With Solid-Micro accounts, you can start trading with a minimum deposit of just $1.​
  • Minimum Lot: The minimum lot size is 0.001 lots, equivalent to 100 units.​
  • Maximum Leverage: Experience high leverage of up to 1:1000, providing you with the opportunity for significant profits.​

Start Trading Forex Today!

Feel free to open an account with us and start your Forex trading journey today. With a minimum deposit of just $1, the world of Forex trading is at your fingertips!

Remember, at Solid-Micro Account, we're all about providing you with the best trading experience. Join us today and be part of our growing community of traders.

%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

FTSE100 Leads Amid Global Tensions​

European markets just about managed to eke out a gain yesterday, but it was hard going, with the FTSE100 outperforming largely due to outperformance in health care.

With diplomatic efforts ongoing in the hope of preventing a further escalation of the crisis, the news that President Biden is going to Israel later this week, means it’s unlikely that we’ll see Israel mount an incursion into Gaza in the short term. That said the horrific bombing of the Gaza hospital overnight has complicated matters with a number of leaders cancelling their meetings with the US President amidst claim and counter claim as to whose responsibility the blast was, sending oil prices sharply higher.


Resilient US Markets Defy Yield Surge
US markets finished a choppy session largely unchanged, initially opening sharply lower, then rebounding, despite a sharp move higher in yields after retail sales in September came in well above expectations, rising 0.7%. The August sales numbers were also revised up as well.

Despite the rise in yields, which saw the US 2-year yield move above 5.2% for the first time since 2006, investors took the view that, with rates at current levels and the US consumer still looking resilient, the prospect of another rate hike, probably isn’t the end of the world, thus limiting the downside for US markets.


China’s Economic Outlook
This morning’s European open looks set to be a positive one with Asia markets having to absorb the latest economic numbers from China.

The last 3 months has seen little indication that the Chinese economy would see a significant improvement on its Q2 GDP numbers of 0.8%, given the direction of travel of both industrial production and retail sales data, both of which have struggled over the quarter, particularly consumer spending.

Today’s Q3 GDP numbers would appear to run counter to that, reinforcing the skepticism about the accuracy of Chinese economic numbers, especially GDP, there is little doubt that the Chinese economy is being hit by a slowdown in global market trends, as well as domestic demand if recent trade data has been any sort of guide.

China Q3 GDP came in at 1.3%, well above expectations of 0.9%, while Q2 was revised lower to 0.5%, while September retail sales rose by 5.5%, beating expectations of 4.9%, and industrial production came in at 4.5%.

This morning’s industrial production numbers were pretty much in line with previous months remaining steady, however, there was a modest improvement in retail sales, which runs counter to the narrative from a lot of high-profile retail companies that Chinese demand for luxury goods has been waning in recent months.

Consumer spending has been where the real weakness lies sharply down from Q2, Q3 has seen retail sales slow sharply, with gains of 2.5% and 4.6% in July and August, rounded off by 5.5% in today’s September numbers. While today’s numbers do suggest a modest improvement in Q3 the extent of the rebound does raise questions given the weakness of recent trade data as well as PMIs.


Global Market Trends: UK and EU Inflation
As we look towards today’s data releases we have UK CPI for September, along with the final readings for EU CPI.

Starting with the UK, the Bank of England caught a lot of people on the wrong foot when they decided by a narrow majority to keep interest rates unchanged at 5.25% last month.

The main reason why they decided to call a halt to 14 successive rate rises may well have been the sharp slowdown in core CPI that we saw in data released the day before, as well as concern that the UK economy has yet to feel the full effects of the previous rate hikes, and that more time is needed to assess the full pass-through effects.

It’s about time this penny dropped given the challenges facing the UK economy and its good that the MPC has finally woken up to this, although there are differing views amongst MPC members of how much has trickled down with arch dove Swathi Dhingra arguing that only 25% of the impact has been felt.

In August, core CPI slowed from 6.9% to 6.2% while headline CPI slipped to 6.7% when most people had been expecting an increase. This trend of slower inflation is expected to continue today with September CPI inflation set to slow 6.6% and core inflation forecast to slow to 6% from 6.2%.

One of the major leading indicators in recent months for a slowdown in inflation has been the slowdowns being seen in the headline PPI numbers since the start of the year, although there is evidence that these are starting to bottom out and pick up again.

Nonetheless, these have been in negative territory for both input and output prices over the last 2-months, which ought to bode well for further weakness in CPI inflation going forward, although higher fuel prices are likely to keep underlying inflation sticky.

Further evidence of slowing inflation should make life easier for the Bank of England when they meet in just over two weeks’ time, in terms of keeping rates on hold, with new forecasts due at the November meeting we could well find that the central bank is done and from here on in the main question will be how long rates are likely to stay at current levels.

EU CPI for September is expected to be confirmed as slowing to 4.3% from 5.2% in August while core prices are expected to slow to 4.5% from 5.3%, also reinforcing the idea that the ECB is done when it comes to further rate hikes. (source)
  • FTSE 100 is expected to open 10 points higher at 7,685.​
  • DAX is expected to open 8 points higher at 15,259.​
  • CAC40 is expected to open unchanged at 7,029.​


%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Solid ECN Refund Policy​

We’re Solid ECN, a forex broker company. We know that online services aren’t always perfect. That’s why we have a clear refund policy. If you’re not happy with our service, you can ask for your money back. Maybe the service wasn’t what you expected, or it didn’t work properly. Or maybe you have another good reason.

We’ve made our refund policy easy to understand because we want you to feel safe. We promise that if our service isn’t as described, you can ask for your money back.

%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

EURCZK Forecast​

Source

The EUR CZK (Euro currency against Czech Koruna) has been experiencing a positive trend since May 2023. This bullish momentum has seen the EURCZK price break free from its previous bearish channel, and it is currently trading within a narrow bullish channel near the pivotal 24.73 mark.

The Stochastic oscillator, a popular momentum indicator, is currently in the overbought zone (Weekly chart). This suggests that we might be on the cusp of a trend reversal or a price correction.

EURCZK-2023-10-20-11-48-12-d303f.png


For a more detailed view of the EURCZK forecast and price action, it’s recommended to zoom into the 4-hour chart.

EURCZK-2023-10-20-11-52-30-f7345.png


Here, you’ll notice that EURCZK is trading within a specific range, highlighted by a box. It’s important to note that this currency pair is nearing the significant 24.73 barrier on the weekly chart, and the Stochastic oscillator remains in the overbought zone. Technical indicators suggest that bearish momentum is gaining strength, so it’s advised not to go long unless the EURCZK bulls manage to break out of the pivot and close above it.

In this forecast, we’re primarily focusing on the bearish scenario. Therefore, FxNews analysts suggest that if the EURCZK closes below the box (which is under the 24.5 area), we can expect the decline to continue to S1 (24.5), followed by the lower line of the bullish channel.

This analysis provides valuable insights for traders and investors looking to navigate the volatile world of forex trading. It’s always important to stay updated with market trends and make informed decisions based on comprehensive technical analysis.​


%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Pay the Easy Way: Over 50 Cryptos Join the Club at Solid ECN!​

Solid ECN Securities just became your go-to hub for easy-peasy payments! Now you can use over 50 different cryptocurrencies to manage your money. Bitcoin or Zilliqa, you name it, we got it! Just hop onto your Solid-Dashboard, click on 'Account Funding,' and boom—you're all set!

Why the crypto carnival, you ask? Well, we know those pesky blockchain fees for popular cryptocurrencies are going up, up, up! So, we thought, why not give you a whole treasure chest of alternatives to choose from?

Here's what's cooking with Solid ECN:
  • More than 50 cryptocurrencies? Check!​
  • Secure payments? Double-check!​
  • Private and decentralized? Absolutely!​
And there's more! If you're a forex trader in the US, the EU, or anywhere else, get ready for a transparent market where sneaky price tricks just can't hide.

Join Solid ECN, where paying is as simple as pie and safe as a fortress! ✨

%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39

Secure Your Assets with Diversified Trading Products​


Discover the professional approach to asset security with diversified trading at Solid ECN. Market leaders and hedge fund managers never recommend limiting your trading to a few instruments. Instead, they advocate for a diverse investment portfolio that includes commodities, indices, and currencies.

With Solid ECN, you can trade globally with high leverage and minimal spreads. Create your unique trading basket to take advantage of our diverse product offerings. We are committed to providing our clients with the most popular and trending trading products, and we offer an extensive list of live trading instruments.

Our current list includes 250 products across various categories:

- 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

Diversification is a key strategy for successful trading. Start your journey with Solid ECN today.​


%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39
Experience Zero Deposit Fee with Solid ECN: We've Got You Covered!

At Solid ECN, we value our customers and their trading experience. That's why we've eliminated deposit fees across all payment options. When you make a transaction to your trading account, the usual commission deducted by the payment processor is covered by us, at Solid ECN. We call this the Solid-Cover!
With Solid-Cover, all clients of Solid ECN receive the full deposit amount instantly in their trading account, with no deductions.
Instant Deposit: Don't miss out on market opportunities - deposit to your trading account instantly.
No Hidden Fees: We don't charge any fees on your transactions.
Full Amount Deposits: With Solid-Cover, receive the full deposit amount instantly in your trading account, no deductions.

%15 Bonus | Swap Free | Raw Spread | Regulated
Solidecn.com
 

SOLIDECN

Master Trader
Nov 16, 2021
3,286
22
54
39
Experience Secure Trading with Solid ECN’s Negative Balance Protection

Market volatility is a common occurrence. At Solid ECN, we uphold the highest standards to ensure our clients’ peace of mind.

Our unique Solid-Shield feature protects traders from the risk of negative balance. This means that even in highly volatile situations, where margin calls and stop-outs may not function accurately, no client is responsible for repaying a negative balance.

Solid-Shield automatically resets your balance to zero if it becomes negative after a stop-out. This reset process is automatic, providing you with a seamless and worry-free trading experience.

%15 Bonus | Swap Free | Raw Spread | Regulated
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