​Watch Out: An Illegal Platform Warned by Regulators in Many Countries!

Regulators of many countries in Europe have issued the warning to Solid Invest, a forex broker, recently. According to the official information, the broker is wild about frauds, the field where it is ever-victorious.

Regulators involved in this campaign include the Federal Financial Supervisory Authority (BaFin) in Germany, the Autorité des marchés financiers (AMF) in France, the Financial Conduct Authority (FCA) in Britain, the Financial Market Authority (FMA) in Austria, the Cyprus Securities and Exchange Commission (CySEC), the Commissione Nazionale per le Società e la Borsa (CONSOB) in Italy, the Comisión Nacional del Mercado de Valores (CNMV) in Spain, and the Bundesanstalt für Finanzmarktstabilisierung (FMSA) in Belgium. According to them, citizens should be alert to Solid Invest-related scams.

Taking solidinvest.co as its domain name, Solid Invest provides clients with trading-related services such as cryptocurrencies, forex, and futures. The platform is subordinate to Capital Letter GmbH/Gray Matter Enterprise Ltd, a parent enterprise claiming to have registered at the Financial Services Authority (FSA) in Saint Vincent and the Grenadines (SVG) and possessing scammers like GFX Royal, Bright Finance, and StsRoyal.

Although Solid Invest claims that it is regulated by FSA in SVG, the regulator is not responsible for the regulation of the forex market! According to WikiFX, the rating of the broker is only 1.13, proof that it is just an illegal platform without any effective regulation. Please be careful!

WikiFX, a forex broker info search tool, is popular among global senior investors! (bit.ly/wikifxIN)