Solid ECN Securities | Best Place to Trade CFD Products

Ak04

Trader
May 31, 2022
33
7
9
24

Hi,

We are sorry to hear about your experience with your demo account.

Our professional staff tried to assist you using Team Viewer to check the issue. I wish you would have shared your registration email address or your demo account number so we could investigate it. I'm afraid we were blindsided by the lack of information, and we couldn't grasp the concept of the big bold green letters.

We sent you several screenshots from the pair and the market watch on spot showing everything is running smoothly. Please make sure you download the latest MT5 version from our website. MetaQuotes had an update today so please double check if you are with the latest MT5 version.

Feel free to share more information. We will be glad to help.​
No, it's actually a LIVE account that it happened.

Anyone that's been on mt5 long enough know when the bold green lettering of the symbol shows up between time frame changes m1,m5, m15 etc it means there's a lag on the chart being pulled up.

I am thinking it was a bad script that I was using that might've caused it.

Sorry for that.


Can you reply to the first portion of my question regarding your liquidity provider(s)....are they regulated prime brokerages/banks maybe and who they are? Would really appreciate the transparency and granularity on that.

Thanks
 
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Reactions: SOLIDECN

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
No, it's actually a LIVE account that it happened.

Anyone that's been on mt5 long enough know when the bold green lettering of the symbol shows up between time frame changes m1,m5, m15 etc it means there's a lag on the chart being pulled up.

I am thinking it was a bad script that I was using that might've caused it.

Sorry for that.


Can you reply to the first portion of my question regarding your liquidity provider(s)....are they regulated prime brokerages/banks maybe and who they are? Would really appreciate the transparency and granularity on that.

Thanks​

Hi,

We are glad that you could address the issue. Heavy scripts and/or templates containing advance indicator can slow down the platform, but depending on your device's hardware.

Selecting a correct liquidity provider is a sensitive matter. Therefore we have added 6 regulated liquidity providers to our bridge/hub in order to improve the execution quality.​
  • LMAX​
  • Swiss Quotes​
  • Barclays​
  • IS Prime​
  • Leverate​
  • FXCM Pro​
Should you have any questions, please do not hesitate to share with the community.​
 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
margin-call.png


A margin call occurs when the value of an investor’s margin account falls below the broker’s required amount. An investor’s margin account contains securities bought with borrowed money (typically a combination of the investor’s own money and money borrowed from the investor’s broker).

A margin call refers specifically to a broker’s demand that an investor deposit additional money or securities into the account so that it is brought up to the minimum value, known as the maintenance margin.

margin-call-1.png


A margin call is usually an indicator that one or more of the securities held in the margin account has decreased in value. When a margin call occurs, the investor must choose to either deposit additional funds or marginable securities in the account or sell some of the assets held in their account.​
  • A margin call occurs when a margin account runs low on funds, usually because of a losing trade.​
  • Margin calls are demands for additional capital or securities to bring a margin account up to the minimum maintenance margin.​
  • Brokers may force traders to sell assets, regardless of the market price, to meet the margin call if the trader doesn’t deposit funds.​
  • Since short sales can only be made in margin accounts, margin calls can also occur when a stock goes up in price and losses start mounting in accounts that have sold the stock short.​

open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

Ak04

Trader
May 31, 2022
33
7
9
24

Hi,

We are glad that you could address the issue. Heavy scripts and/or templates containing advance indicator can slow down the platform, but depending on your device's hardware.

Selecting a correct liquidity provider is a sensitive matter. Therefore we have added 6 regulated liquidity providers to our bridge/hub in order to improve the execution quality.​
  • LMAX​
  • Swiss Quotes​
  • Barclays​
  • IS Prime​
  • Leverate​
  • FXCM Pro​
Should you have any questions, please do not hesitate to share with the community.​
Thank you very much...really appreciate the response, means a lot. :)
 
  • 👍
Reactions: SOLIDECN

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
whats-is-blockchain.png


A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.

One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compiled into a newly formed block that will then also be added to the chain once filled.

A database usually structures its data into tables, whereas a blockchain, like its name implies, structures its data into chunks (blocks) that are strung together. This data structure inherently makes an irreversible timeline of data when implemented in a decentralized nature. When a block is filled, it is set in stone and becomes a part of this timeline. Each block in the chain is given an exact time stamp when it is added to the chain.

open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

Ak04

Trader
May 31, 2022
33
7
9
24
Why is the feed so slow.

I see a UKR server is always at 150 ms or more...

Where is what country does UKR stand for?
 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
break-even-analysis.png


Break-even analysis entails calculating and examining the margin of safety for an entity based on the revenues collected and associated costs. In other words, the analysis shows how many sales it takes to pay for the cost of doing business. Analyzing different price levels relating to various levels of demand, the break-even analysis determines what level of sales are necessary to cover the company's total fixed costs. A demand-side analysis would give a seller significant insight into selling capabilities.​
  • Break-even analysis tells you how many units of a product must be sold to cover the fixed and variable costs of production.​
  • The break-even point is considered a measure of the margin of safety.​
  • Break-even analysis is used broadly, from stock and options trading to corporate budgeting for various projects.​

How Break-Even Analysis Works​

Break-even analysis is useful in determining the level of production or a targeted desired sales mix. The study is for a company's management’s use only, as the metric and calculations are not used by external parties, such as investors, regulators, or financial institutions. This type of analysis involves a calculation of the break-even point (BEP). The break-even point is calculated by dividing the total fixed costs of production by the price per individual unit less the variable costs of production. Fixed costs are costs that remain the same regardless of how many units are sold.

Break-even analysis looks at the level of fixed costs relative to the profit earned by each additional unit produced and sold. In general, a company with lower fixed costs will have a lower break-even point of sale. For example, a company with $0 of fixed costs will automatically have broken even upon the sale of the first product assuming variable costs do not exceed sales revenue.

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
altcoin-banner.png


Altcoins are generally defined as all cryptocurrencies other than Bitcoin (BTC). However, some people consider altcoins to be all crytocurrencies other than Bitcoin and Ethereum (ETH) because most cryptocurrencies are forked from one of the two. Some altcoins use different consensus mechanisms to validate transactions and open new blocks, or attempt to distinguish themselves from Bitcoin and Ethereum by providing new or additional capabilities or purposes.

Most altcoins are designed and released by developers who have a different vision or use for their tokens or cryptocurrency. Learn more about altcoins and what makes them different from Bitcoin.​
  • The term altcoin refers to all cryptocurrencies other than Bitcoin (and for some people, Ethereum).​
  • There are tens of thousands of altcoins on the market.​
  • Altcoins come in several types based on what they were designed for.​
  • The future value of altcoins is impossible to predict, but if the blockchain they were designed for continues to be used and developed, the altcoins will continue to exist.​
altcoin.png

Understanding Altcoins​

"Altcoin" is a combination of the two words "alternative" and "coin." It is generally used to include all cryptocurrencies and tokens that are not Bitcoin. Altcoins belong to the blockchains they were explicitly designed for. Many are forks—a splitting of a blockchain that is not compatible with the original chain—from Bitcoin and Ethereum. These forks generally have more than one reason for occurring. Most of the time, a group of developers disagree with others and leave to make their own coin.

Many altcoins are used within their respective blockchains to accomplish something, such as ether, which is used in Ethereum to pay transaction fees. Some developers have created forks of Bitcoin and re-emerged as an attempt to compete with Bitcoin as a payment method, such as Bitcoin Cash.

Others fork and advertise themselves as a way to raise funds for specific projects. For example, the token Bananacoin forked from Ethereum and emerged in 2017 as a way to raise funds for a banana plantation in Laos that claimed to grow organic bananas.

Altcoins attempt to improve upon the perceived limitations of whichever cryptocurrency and blockchain they are forked from or competing with. The first altcoin was Litecoin, forked from the Bitcoin blockchain in 2011. Litecoin uses a different proof-of-work (PoW) consensus mechanism than Bitcoin, called Scrypt (pronounced es-crypt), which is less energy-intensive and quicker than Bitcoin's SHA-256 PoW consensus mechanism.

Ether is another altcoin. However, it did not fork from Bitcoin. It was designed by Vitalik Buterin, Dr. Gavin Wood, and a few others to support Ethereum, the world’s largest blockchain-based scalable virtual machine. Ether (ETH) is used to pay network participants for the transaction validation work their machines do.​


Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

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SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
trading-volume.png


Trading volume is a measure of how much a given financial asset has traded in a period of time. For stocks, volume is measured in the number of shares traded. For futures and options, volume is based on how many contracts have changed hands. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions.

Looking at volume patterns over time can help get a sense of the strength of conviction behind advances and declines in specific stocks and entire markets. The same is true for options traders, as trading volume is an indicator of an option’s current interest. In fact, volume plays an important role in technical analysis and features prominently among some key technical indicators.​
  • Volume measures the number of shares traded in a stock or contracts traded in futures or options.​
  • Volume can indicate market strength, as rising markets on increasing volume are typically viewed as strong and healthy.​
  • When prices fall on increasing volume, the trend is gathering strength to the downside.​
  • When prices reach new highs (or no lows) on decreasing volume, watch out—a reversal might be taking shape.​
  • On-balance volume (OBV) and the Klinger oscillator are examples of charting tools that are based on volume.​
What Is the Most Common Time Frame for Measuring Volume in Stocks?
Daily volume is the most common time frame used when discussing stock volume. Average daily trading volume is the daily volume of shares traded, averaged over a number of days; this smooths out days when trading volume is unusually low or high.

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

Solid ECN

Active Trader
Mar 3, 2022
625
3
34
39

Basic Guidelines for Using Volume​

When analyzing volume, there are usually guidelines used to determine the strength or weakness of a move. As traders, we are more inclined to join strong moves and take no part in moves that show weakness—or we may even watch for an entry in the opposite direction of a weak move.

These guidelines do not hold true in all situations, but they offer general guidance for trading decisions.

1. Trend Confirmation
A rising market should see rising volume. Buyers require increasing numbers and increasing enthusiasm to keep pushing prices higher. Increasing price and decreasing volume might suggest a lack of interest, and this is a warning of a potential reversal. This can be hard to wrap your mind around, but the simple fact is that a price drop (or rise) on little volume is not a strong signal. A price drop (or rise) on large volume is a stronger signal that something in the stock has fundamentally changed.

2. Exhaustion Moves and Volume
In a rising or falling market, we can see exhaustion moves. These are generally sharp moves in price combined with a sharp increase in volume, which signals the potential end of a trend. Participants who waited and are afraid of missing more of the move pile in at market tops, exhausting the number of buyers.

At a market bottom, falling prices eventually force out large numbers of traders, resulting in volatility and increased volume. We will see a decrease in volume after the spike in these situations, but how volume continues to play out over the next days, weeks, and months can be analyzed by using the other volume guidelines.

3. Bullish Signs
Volume can be useful in identifying bullish signs. For example, imagine volume increases on a price decline and then the price moves higher, followed by a move back lower. If, on the move back lower, the price doesn’t fall below the previous low, and if the volume is diminished on the second decline, then this is usually interpreted as a bullish sign.

4. Volume and Price Reversals
After a long price move higher or lower, if the price begins to range with little price movement and heavy volume, then this might indicate that a reversal is underway, and prices will change direction.3

5. Volume and Breakouts vs. False Breakouts
On the initial breakout from a range or other chart pattern, a rise in volume indicates strength in the move. Little change in volume or declining volume on a breakout indicates a lack of interest and a higher probability for a false breakout.

6. Volume History
Volume should be looked at relative to recent history. Comparing volume today to volume 50 years ago might provide irrelevant data. The more recent the data sets, the more relevant they are likely to be.


open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
bull-market-1.png


A bull market is the condition of a financial market in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market but can be applied to anything that is traded, such as bonds, real estate, currencies, and commodities.

Because prices of securities rise and fall essentially continuously during trading, the term "bull market" is typically reserved for extended periods in which a large portion of security prices are rising. Bull markets tend to last for months or even years.​
  • A bull market is a period of time in financial markets when the price of an asset or security rises continuously.​
  • The commonly accepted definition of a bull market is when stock prices rise by 20% after two declines of 20% each.​
  • Traders employ a variety of strategies, such as increased buy and hold and retracement, to profit off bull markets.​
bull-market-2.png

Understanding Bull Markets​

Bull markets are characterized by optimism, investor confidence, and expectations that strong results should continue for an extended period of time. It is difficult to predict consistently when the trends in the market might change. Part of the difficulty is that psychological effects and speculation may sometimes play a large role in the markets.

There is no specific and universal metric used to identify a bull market. Nonetheless, perhaps the most common definition of a bull market is a situation in which stock prices rise by 20%, usually after a drop of 20% and before a second 20% decline. Since bull markets are difficult to predict, analysts can typically only recognize this phenomenon after it has happened. A notable bull market in recent history was the period between 2003 and 2007. During this time, the S&P 500 increased by a significant margin after a previous decline; as the 2008 financial crisis took effect, major declines occurred again after the bull market run.

open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
wwhat would happen to my money if solidecn goes bankrupt?

Hello,

Thank you for sharing your concern with the community.

Solid ECN Securities is not a market maker, therefore the company won't be harmed by the market crisis. Our business model is "A Book", and that guarantees the company's financial stability. That said, the risks are kept at zero.

Should you have any questions, please do not hesitate to share with the community.
 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39


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.

Min Deposit​
Max Leverage​
Min Spread​
Fee​
Micro​
$5​
1:1000​
2 pips​
No​
Standard​
$10​
1:1000​
0.3 pips​
No​
Swap Free​
$10​
1:1000​
0.3 pips​
No​
ECN​
$10​
1:1000​
0​
$3​

open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

instagram | facebook | twitter | linkedin
 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
pros-of-trading-forex.png


Forex, short for foreign exchange, refers to the trading of one currency for another. It is also known as FX.

> Forex markets are the largest in terms of daily trading volume in the world and therefore offer the most liquidity. This makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions.

> The forex market is traded 24 hours a day, five and a half days a week—starting each day in Australia and ending in New York. The broad time horizon and coverage offer traders several opportunities to make profits or cover losses. The major forex market centers are Frankfurt, Hong Kong, London, New York, Paris, Singapore, Sydney, Tokyo, and Zurich.

> The extensive use of leverage in forex trading means that you can start with little capital and multiply your profits.

> Automation of forex markets lends itself well to rapid execution of trading strategies.

> Forex trading generally follows the same rules as regular trading and requires much less initial capital; therefore, it is easier to start trading forex compared to stocks.

> The forex market is more decentralized than traditional stock or bond markets. There is no centralized exchange that dominates currency trade operations, and the potential for manipulation—through insider information about a company or stock—is lower.

open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

SOLIDECN

Master Trader
Nov 16, 2021
3,116
22
54
39
ask-price.png


The price at which the market is prepared to sell a product. Prices are quoted two-way as Bid/Ask. The Ask price is also known as the Offer.

In FX trading, the Ask represents the price at which a trader can buy the base currency, shown to the left in a currency pair. For example, in the quote USD CHF 1.4527/32, the base currency is USD, and the Ask price is 1.4532, meaning you can buy one US dollar for 1.4532 Swiss francs.

In CFD trading, the Ask also represents the price at which a trader can buy the product. For example, in the quote for UK OIL 111.13/111.16, the product quoted is UK OIL and the Ask price is £111.16 for one unit of the underlying market.

open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com

 

Solid ECN

Active Trader
Mar 3, 2022
625
3
34
39
basic-trading-strategies.png


The most basic forms of forex trades are a long trade and a short trade. In a long trade, the trader is betting that the currency price will increase in the future and they can profit from it. A short trade consists of a bet that the currency pair’s price will decrease in the future. Traders can also use trading strategies based on technical analysis, such as breakout and moving average, to fine-tune their approach to trading.

Depending on the duration and numbers for trading, trading strategies can be categorized into four further types:

Scalp trade consists of positions held for seconds or minutes at most, and the profit amounts are restricted in terms of the number of pips. Such trades are supposed to be cumulative, meaning that small profits made in each individual trade add up to a tidy amount at the end of a day or time period. They rely on the predictability of price swings and cannot handle much volatility. Therefore, traders tend to restrict such trades to the most liquid pairs and at the busiest times of trading during the day.

Day trades are short-term trades in which positions are held and liquidated in the same day. The duration of a day trade can be hours or minutes. Day traders require technical analysis skills and knowledge of important technical indicators to maximize their profit gains. Just like scalp trades, day trades rely on incremental gains throughout the day for trading.

Swing trade, the trader holds the position for a period longer than a day; i.e., they may hold the position for days or weeks. Swing trades can be useful during major announcements by governments or times of economic tumult. Since they have a longer time line, swing trades do not require constant monitoring of the markets throughout the day. In addition to technical analysis, swing traders should be able to gauge economic and political developments and their impact on currency movement.

Position trade, the trader holds the currency for a long period of time, lasting for as long as months or even years. This type of trade requires more fundamental analysis skills because it provides a reasoned basis for the trade.

open account.png

Solid ECN brings vital advantages for forex traders in the US, EU, and beyond. High levels of transparency mean price manipulation is impossible
solidecn.com