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Soltechx Review – Complete Broker Without any Glaring Flaw


General Information
Broker Name: Soltechx
Broker Type: Forex and CFDs
Country: Saint Vincent and the Grenadines
Operating since year: 2021
Regulation: N/A
Address: First Floor St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines
Broker status: Active
Customer Service
Phone: +441312975921
Email: [email protected]
Languages: English
Availability: 24/7
Trading
The Trading platforms: Proprietary
Trading platform Time zone: N/A
Demo account: No
Mobile trading: Yes
Web-based trading: Yes
Bonuses: No
Other trading instruments: Yes
Account
Minimum deposit: $250
Maximal leverage: 1:400
Spread: Floating
Scalping allowed: Yes

Soltechx Review - Complete Broker Without any Glaring Flaw

 

General Information & First Impressions

Soltechx is an online brokerage with forex and various other assets as a part of its trading services. The company is fairly new and is trying to make a place for itself in the brokerage world. Soltechx is located in Saint Vincent and the Grenadines, at First Floor St Vincent Bank Ltd Building, James Street, Kingstown. Any new brokerage is an exciting opportunity for traders, as they need to try hard to position themselves. As such, our Soltechx review will tell you all you need to know about the company as your potential trading hub.

First off, Soltechx’s website deserves quite a bit of praise for how clear it is. It lacks dynamic elements, which might make it seem less exciting, but we prefer that sort of design. It shows that the broker is confident its service will attract users by its own merit. Furthermore, it makes the website much easier to navigate and find exactly what you want. The information is also much easier to find, as it isn’t obstructed by needless things.

Overall, that sets a solid precedent for both trust and service quality. The sacrifice of a little visual excitement is well worth it, in our opinion, as visuals are simply fluff. If you’re using a broker because you think it looks pretty, we’ve got some bad news for you.

So overall, that results in a positive first impression for our Soltechx broker review. The broker comes off as safe and confident, separating itself from scam brokers. That’s especially meaningful for newer brokers, as a lot of them like to use underhanded tricks.

 

Fund and Account Security

Fund and Account Security - soltechx.com

Safety should be your primary concern when looking for a new brokerage to frequent. There have been numerous examples of traders losing thousands to underhanded brokerages that don’t value their clients. You don’t want that to be you, as making money while trading is difficult enough already. As such, security is among the first things we look at when examining online brokerages. We’re ready to present our findings for our Soltechx review.

As we said in our intro, the broker positions itself as a confident and safe company, avoiding the usual scam alerts. The brokerage isn’t misleading and doesn’t try to lead its customers on. It also doesn’t hide crucial information to make itself seem better than it actually is. Soltechx presents itself in a truthful and transparent way, which is a rarity in the modern brokerage world.

The broker’s legal documents are also free of any malicious clauses or terms that would harm users. That’s usually where scammers try and put things that legitimize their harmful behavior towards customers. So that’s another front where soltechx.com is clear.

Lastly, we should also mention the broker’s protective measures against cyberattacks which are becoming more relevant. For starters, the broker encrypts its website, which already goes a long way towards deterring hackers. It also has authenticators, which make it more difficult for cybercriminals to steal user accounts. So if you’re careful about your account, the chances of something going wrong are slim.

 

Registration at Soltechx

The broker’s registration process is quick and effortless, although you do need to submit your email and phone right away. Nonetheless, the information soltechx.com asks for isn’t invasive by any means, with only basic info required. It also lets you choose your preferred currency right away, which increases overall service efficiency. While the registration could be slightly faster, there are regulations the broker needs to follow, and it definitely did the best that was possible.

 

The Trading Accounts

The trading account info, along with other trading features regarding the broker, are under the trading environment tab. There, you can see that the broker has four different account types, starting from the Bronze option. The broker’s setup allows even the cheapest version to be a potent trading tool, which we’re glad to see. Subsequent types add luxury features and make the pricing slightly better. However, even the baseline starting isn’t bad, so you won’t feel obligated to upgrade.

The Trading Accounts - soltechx.com

A standout feature is the 1-on-1 education that traders can receive right with the first account. Usually, brokers save that for the higher tiers to save their manpower for other areas. We’re glad to see that Soltechx isn’t afraid to go the extra mile to improve user experience. Without further delay, let’s take a look at some of the account features at soltechx.com:

 

Bronze

  • Online Financial Course
  • 1-on-1 training
  • 24/7 live support
  • Lot Size: 0.01

Gold

  • Online Financial Course
  • 1-on-1 training
  • EBook
  • 24/7 live support
  • Lot Size: 0.1

Platinum

  • Online Financial Course
  • 1-on-1 training
  • EBook
  • 24/7 live support
  • Webinar
  • Analyst Manager
  • Lot Size: 0.2

Diamond

  • Online Financial Course
  • 1-on-1 training
  • EBook
  • 24/7 live support
  • Webinar
  • Analyst Manager
  • Free VPS Service
  • Lot Size: 0.5

 

Soltechx’s Trading Platform 

Soltechx offers a proprietary trading platform like a lot of newer brokerages do. Still, the software is quite robust, and it’s clear the broker didn’t settle with a janky user experience. The platform preserves a high degree of usability while also keeping a ton of utility features and overall usability. As such, it positions itself as an excellent tool for both newer and more experienced traders, bridging the gap between them.

Soltechx’s Trading Platform 

That makes the brokerage more versatile and able to please a wider array of customers. Another significant point is that it keeps functionality no matter if you choose the web, downloadable, or mobile version. That means mobile traders, which are becoming more numerous, won’t be at their usual disadvantage. The platform has other great features and is highly modular, translating to a fantastic trading experience for users.

 

Funding and Pricing

Soltechx has tight spreads across all of its assets, and they improve as you go up account types. However, even the baseline is solid and makes a fully competitive trading experience possible. Usually, brokers try and make their initial account pricing worse to entice users into spending more. We’re glad the broker doesn’t do that, and as we said earlier in our Soltechx review, it’s confident in its service. 

It’s clear that the broker relies on the potency of its trading and other services to attract and garner a loyal user base. Since most newer brokers opt to make a quick buck instead, we’re excited to see how far Soltechx goes. 

As for funding, the options are versatile, reliable, and quick. There’s not much more we could ask for from a broker, as it guarantees a smooth cash flow for customers. Both the withdrawals and deposits are free of charge, so the broker doesn’t take an unfair cut. Overall, it’s clear that the broker set up its trading in a healthy way, and users can reap the benefits of that.

 

Trading Products at Soltechx

Soltechx has various assets from all major trading categories. The selection is certain to satisfy both traders that like to play it safe and explore new assets. Overall, it’s unlikely that anybody will find the choices present lacking. Here’s a rundown of the assets soltechx.com offers:

  • Forex
  • Stocks
  • Commodities
  • Indices
  • Cryptocurrencies

 

Customer Service at Soltechx

One significant plus of Soltechx is that its customer support operatives work around the clock. That makes it much easier for the broker to respond to user issues in a timely manner. You can reach the support team via phone, email, or a form on the Soltechx website.

 

Phone: +43720143717

Email: [email protected]

Conclusion

Soltechx is a complete broker without any glaring flaws we could point towards. It’s clear that it doesn’t try and mislead customers or bait them into a worse experience than they’re expecting. Instead, as we said earlier in our Soltechx review, it’s transparent as it can be and lets users decide for themselves. That’s a great way for a broker to cultivate a healthy userbase that’s there because it enjoys the service quality.

And there’s a lot to enjoy. The educational features and overall intuitiveness and clarity go a long way towards pleasing newer traders. That eliminates the usual lack of direction they can feel when starting their trading journey.

There’s no lack of features that should please experienced traders either. The platform is excellent and has a lot of varied functionality that lets you mold your trading experience. Further along that line, the asset variety lets you experiment and find exciting new trading opportunities to pursue. The accounts bridge the gap between budget and luxury users, and the pricing is overall solid.

As we’ve said numerous times during our Soltechx review, the broker is confident, and that’s for a good reason. We’re excited to see how Soltechx evolves in the future and would definitely recommend giving it a go.

  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 4.61 (155 reviews)


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155 Comments

  1. Elizabeth Rubbo August 1, 2023
  2. Abby Perivolaris July 28, 2023
  3. Darcy Yuranigh July 25, 2023
  4. Hayley Hardman July 21, 2023
  5. Jake Draper July 18, 2023

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