Solforex Review
Solforex is an ECN/STP broker founded in 2013 based in New Zealand under the supervision of FSP. We offer 51 pairs of currencies and precious metal. Solforex is intended to provide solution for both new and seasoned traders alike. We give the most competitive spread and fastest execution in the market. Our non-dealing desk accounts exclude conflict of interest between traders and broker.
Our account types includes ECN and STP accounts. Our ECN commission is reasonable with the tightest spreads that are directly quoted from the Liquidity Provider.
Also, Our Introducing Broker program offered flexible IB commission that allow traders to gain more profit for every lot traded with minimal administration work involved – Solforex handles all.
Please login to our website to understand more about our company profile as well as the account types and promotions we offered.
Typical Spread on Majors
EUR/USD | 0.2 |
GBP/USD | 0.2 |
USD/JPY | 0.2 |
- Company Info
Headquarters | Auckland, New Zealand |
Type of Broker | ECN/STP |
Founded | 2013 |
Regulated By | Regulated By FSPR (New Zealand) |
Offices In | New Zealand, Singapore |
Supported Languages | English, Chinese |
ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | USD, EUR, JPY, GBP |
Minimum Deposit | $50 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | Yes |
Islamic Accounts | Yes |
Islamic Account Restrictions | Muslim Faith Only |
ECN / STP Accounts Offered | Yes |
Commission on STP or ECN | $8.50 / Lot (Volt-Premium), $11.50 / Lot (Volt-Standard) |
VIP Accounts Offered | Yes |
VIP Account Requirements | $10,000 Minimum Deposit |
Mini Accounts Offered | Yes |
PAMM / MAM Solutions | No |
API Solutions | No |
Mobile Trading | Yes |
Web Based Trading | No |
Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android |
NO of Pairs | 51 |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | No |
Mobile Alerts | Yes |
Trading Server Time | GMT + 3 |
Demo Account Expiry | Non-Expiring |
VPS Offered | No |
- Trading Details
Dealing Desk | No |
Maximum Leverage | 400:1 |
Minimum Contract Size | 0.01 |
Execution | Market Execution |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | Yes |
Option of OCO | No |
Option of FIFO | No |
Liquidity Providers | 10+ |
- Additonal Instruments
Metals | Yes |
Solforex Reviews
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