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Solidary Markets FX
Regulators: NZ FMA,SVG FSA
https://www.solidarymarkets.com
Solidary Markets FX is an unregulated trading platform even though it states offers that look too good to be true.
When we read the information on this broker's website, we noticed the company Solidary Markets LLC, claiming to own and operate Solidary Markets FX, is registered in St. Vincent and the Grenadines with license number 376. We did find this firm's records on the website of St Vincent & The Grenadines Financial Services Authority (SVG FSA). However, it should be noted that SVG FSA does neither issue forex licenses nor regulate forex activities.
In fact, Solidary Markets FX operates without oversight from financial regulatory authorities. That means investors' funds deposited in this broker are unsafe and trading with it comes with huge risks. Regarding your question, we would suggest investors stay away from unlicensed brokers like Solidary Markets FX and trade with fully regulated brokers.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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