Review of Solu Trade: why you should avoid this broker
Solu Trade is a company that has become known for its fraudulent activities since appearing in the market in 2019. It regularly deceives traders and takes their money under various pretexts. To understand how this happens, we recommend paying attention to the review based on user opinions and information provided on the official website solu-trade.com.
Main facts about Solu Trade
When studying information about the broker Solu Trade, it is worth noting that the company lacks the necessary license to carry out brokerage activities, making cooperation with it unsafe. Furthermore, the office is located in Liechtenstein, and the license was issued by the Vanuatu Financial Services Commission, which does not promise reliable protection for traders.
Detailed analysis of the Solu Trade website
The first impression of visiting the solu-trade.com website is its imperfect and uninformative design, which is aimed at attracting inexperienced users. The “Contact” section lacks contact information, but instead, a Google map with the office location is provided. The absence of clearly structured information and reviews raises questions about the reliability of this resource.
When registering on the Solu Trade website, a trader needs to provide a login and password in English, as well as confirm their contact details. You can fund your account on the website using popular payment systems and bank cards.
Methods of fraud
The Solu Trade team employs various fraudulent schemes, including blocking accounts when traders attempt to withdraw funds. There are cases where broker managers convince clients to invest additional money under the pretext of profitable investments and then disappear with these sums.
Reviews from former clients
Reviews of Solu Trade, despite their negative nature, still attract newcomers due to their trustfulness and desire to earn money quickly. However, the opinion of experienced traders about the broker remains negative due to its fraudulent activities.
Final conclusion
After analyzing the information about the broker Solu Trade, it can be concluded that cooperation with this company can lead to financial losses. It is not recommended to invest funds in this broker, and it is important to be vigilant when choosing a reliable partner for trading.
Author: Sasha Chaika
Solu Trade broker provides a detailed platform for trading, however, user feedback signals caution due to reported scamming incidents.