Global Broker Regulation Inquiry App
WikiFX
JV1s24K_g0ld 
1-2 years
Is Solid safe and legit?
Broker Issues
Regulation
05-19
United States
WikiFX
Reply
From my perspective, Solid seems legitimate because it is regulated by CySEC, which means it follows certain financial standards. However, it operates under a Market Maker license, which means they may act as a counterparty to my trades. I would consider this risk when deciding whether or not to use the platform. While it's regulated, I always make sure to verify that any platform, including solid platforms, aligns with my security and risk management needs.
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