Soltechx Review

Soltechx Review

General Information

Broker Name: Soltechx

Broker Type: Forex and CFDs

Country: Saint Vincent and the Grenadines

Operating since year: 2021

Regulation: /

Address:  First Floor St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines

Broker status: Active

 

Customer Service

Phone: +43720143717

Email: [email protected]

Languages: English

Availability: 24/7

Trading

The Trading platforms: Proprietary

Trading platform Time zone: /

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

 

Broker Review: Soltechx

 

General Information & First Impressions

Soltechx is a new online broker offering a variety of trading and investing services. The firm focuses on offering a solid forex trading experience, but other assets are present as well via CFDs. Soltechx’s offices are in Saint Vincent and the Grenadines, at First Floor St Vincent Bank Ltd Building, James Street, Kingstown. New brokers always provide an exciting opportunity for traders to get ahead if their services are good. So for our Soltechx review, we’ll inspect details about the company to help you decide whether it’s worth your time and funds.

At first glance, the thing that stands out about Soltechx is how clean its service looks. We’re not talking about outstanding visual design here, although the broker does look good. Instead, we’re talking about the absence of any excess material or information across soltechx.com. The broker lays out its service in front of you and lets you judge it without trying to sway you with gimmicks. That sort of confidence is refreshing to see in an ocean of brokers that put form over function.

That also has the vital side effect of making the broker’s website much clearer than others. Navigation is quite simple, and once you get to the webpage you want to see, you can find what you need to know. Soltechx doesn’t stuff its website with meaningless info and explanations of commonly-known things. Because of that, pinpointing the actually important information is a breeze.

So the overall first impression for our Soltechx review is solid. The broker seems to be among the group that actually wants its service to shine through. That’s a great sign, as many other brokerages like to mislead users. So let’s look at how the service fares against the first impression!

 

Fund and Account Security

 Fund and Account Security

Safety is the primary thing to consider when using any online service, let alone an online brokerage. If you have thousands in your account, losing them can be quite a setback, both financially and emotionally. To make matters worse, it’s usually not hackers that end up taking the money, but the brokerages themselves. And with brokerages being so dishonest on average, online investing is much more dangerous than it should be. As such, if you intend to be a serious trader, you need to take the safety of your funds seriously. 

Luckily, Soltechx seems to belong to the ever more scarce group of brokers that aren’t in it just for quick money. In our Soltechx review, we didn’t find any concerning details about its security in trustworthiness. For starters, the website is clear, along with the legal documentation, which goes a long way. It proves that the broker cares about informing users and putting the power into their hands. Furthermore, that also means that the broker has more longevity, making it more appealing as a long-term option.

As for prevention against third-party breaches, the broker seems to have solid underlying cybersecurity. As for what we can see, the broker has authenticators and encryption, which both go a long way towards deterring hackers. The former make accounts more resistant to attacks, and the latter strengthens the website structure. That way, the broker ensures that users that take their safety seriously won’t be the victim of theft.

As we said earlier in our soltechx.com review, the broker is competent and respects its traders. As such, it’s not afraid to give them the safety features and quality that they deserve.

 

Registration at Soltechx

Registration at Soltechx

The registration process at Soltechx is simple and doesn’t require a ton of personal information. That makes it perfect for traders that want to get in quickly while not committing too much. With data leaks everywhere, it’s somewhat frightening to need to give your name, address and job data to unknown companies. It’s quite fortunate that soltechx.com doesn’t ask for sensitive data like that and only essentially requires your phone and email. The broker also lets you choose your preferred currency right away, which can avoid some potential mix-ups.

 

The Trading Accounts

The account setup Soltechx offers is fairly standard, and a ton of brokers use it because it works. The four accounts the broker offers are segmented into tiers, with each being a strict upgrade over the last. That structure allows users to reward loyal traders or those that deposit significant amounts of funds while remaining fair to budget users. It does well in balancing the service luxury users are accustomed to with a fair baseline.

However, one notable thing is that Soltechx as numerous luxury features even with its baseline account. For example, the broker has one-on-one lessons straight away, which is quite a significant advantage. Unlocking that feature usually requires a more substantial investment, and it’s a great way to learn to trade. Attention to such details is the thing that sets apart fantastic brokers from average ones. Here are some of the account features on soltechx.com:

The Trading Accounts

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’s Trading Platform 

When Soltechx was crafting its proprietary platform, it devised a clever way to make it suit beginners and experienced investors. Namely, while most trading software leans a bit too hard on either side, Soltechx came up with a solution. The broker made the platform intuitive to use at a baseline, with ease of use as the crucal feature. However, the platform also has a high degree of modularity, making it an excellent skill-expressive tool. That way, both newbies and veterans can have a frustration-free, profitable trading experience.

But that’s not the end of what we have to say about Soltechx’s platform. Another significant advantage is that it doesn’t lose any features as you switch to different versions. The web, mobile, and downloadable versions are all fully functional, without anything missing from the software. For mobile users, that’s excellent news, as most brokers make them settle with inferior software. Overall, the platform does a fantastic job at opening the broker up to various users while remaining highly potent.

 

Funding and Pricing

The broker has reasonable pricing, as you could’ve divulged from the rest of our Soltechx review. Like most brokers, it has some charges on opening positions, but even those aren’t that significant. The spreads are tight with quick order execution, minimizing the possibility and potential effects of slippage. Furthermore, it ensures that Soltechx’s traders have a competitive experience and can actually maintain steady profits. 

Next, we should also state that the broker doesn’t have any hidden charges or deposit/withdrawal fees. That makes it much simpler to sign up and try the service if you’re on the edge, as you can always pull back. It further speaks towards the broker actually caring about its customers and not just looking to profit quickly.

Lastly, the deposits and withdrawals are quick, with many options present. The choice diversity nearly guarantees that your preferred payment method is present unless it’s incredibly obscure. The payments process both ways quickly, so the cash flow is smooth. Overall, there’s not much else you could ask for as far as funding goes in a broker.

 

Trading Products at Soltechx

Soltechx also has quite a solid variety of trading products. It includes assets from all major categories, including cryptocurrencies, and the pool is deep. That makes trading more skill-rewarding and opens up less common options to explore. Here’s a rundown of the assets at soltechx.com:

  • Forex
  • Stocks
  • Commodities
  • Indices
  • Cryptocurrencies

 

Customer Service at Soltechx

One significant advantage that we didn’t mention in our Soltechx review is that it has 24/7 support. That makes the broker much more responsive on average and leads to a shorter support queue. It’s also meaningful for traders that trade in off-hours, as they can get timely support for both smaller and more significant issues. You can reach the customer service team via telephone, email, or a form on soltechx.com.

 

Phone: +43720143717

Email: [email protected]

www.soltechx.com contact information

Conclusion

From our Soltechx review, it’s apparent that we think the broker has serious potential. It’s a new broker, but even in its current state, it can compete with much more established companies. Furthermore, it’s still rapidly evolving, so we expect it to improve as it moves forward. Even if it stays the same, there’s not much you can dislike about Soltechx.

The broker is honest, which is a major selling point for us. It also has a fantastic security score, and versatile trading conditions that can adapt to both new and experienced traders. The overall quality of the service is high, and it’s clear Soltechx put a ton of effort into crafting it. It’s apparent that the broker wants to attract traders with service quality rather than cheap tricks.

To round off our Soltechx review, we’d absolutely recommend giving the broker a shot. It’s got something for everyone, so your chances of walking away dissatisfied are fairly low.