Solid ECN is a global Forex and commodities broker, presenting trading services and tools to both retail and institutional customers. Within its strategy of rendering the most likely trading conditions to its customers and providing both scalpers and dealers using expert advisors free access to its liquidity, Solid ECN has placed itself as the Forex broker of choice for traders worldwide.
In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations. Due to the increasing number of regulations and need for operational transparency, organizations are increasingly adopting the use of consolidated and harmonized sets of compliance controls. This approach is used to ensure that all necessary governance requirements can be met without the unnecessary duplication of effort and activity from resources.
All operators are accountable for adhering to all the relevant laws and regulations, as well as the rules and principles described in the Code of Conduct. Employees must ensure that they are familiar with the laws, regulations, best marketing practices, and the required moral conduct which is befitting for being a Solid ECN employee.
Throughout daily business activities, employees are privileged to client data relating to account details, trade practices & patterns, fees & incomes, marketing practices, etc. Agents are obliged to keep this information classified. This means they are not permitted to disclose this information to any third party unless they are legally authorized to do so.
Solid ECN gives its customers direct access to the Forex market, where all trades are executed instantaneously, without any delay, or re-quotes.
Unlike Dealing Desk brokers, Solid ECN does not trade against client orders, stops, or limits and all client trades are executed back to back directly with counterparties in our pool of liquidity providers.
Trades through our ECN/STP model are anonymous, the liquidity providers see orders coming from within the Solid ECN system. The possibility for stop-loss hunting or spread widening is zero.
As a Non-Dealing Desk forex broker, we don't have a conflict of interest with our customers. We don't need to hedge, or eyeball trades, so there is never a temptation for us to trade against our clients.
As an ECN forex broker, SOLID ECN has No Dealing Desk. Our trading model is based on Straight Through Processing (STP) in an electronic configured network. We introduce this as our ECN/STP FOREX trading model. An ECN/STP trading model is an environment where all our clients' requests are sent to different rivals and qualified financial institutions for a better match. This component pool of respected institutions creates our pool of liquidity providers. This straightforward, straight-through processing, discounts the potential for any price or spread manipulations ensuring there is no conflict of interest between SOLID ECN as a broker and our customers.
SOLID ECN believes that having several liquidity providers is key to offering the best trading environment. As a result, we have built solid relationships with many of the most: proven, respected, and organized global financial institutions, to ensure that all our clients benefit from the most competing forex spreads available 24-5, even during volatile market circumstances and when important data and news are published.
The "SOLID Aggregator" regularly and automatically browses all the Bid/Ask (buy and sell) prices entering our ECN system and constantly presents the best price combinations on offer from all our liquidity providers. This guarantees our clients benefit from the best match of Bid/Ask prices available on our forex trading system. This pricing policy creates a professional environment for all traders whatever their level of experience and offers up more scope for profitable trading.
To give the most customer-centric resolution in the business. We are devoted to our client's success, by delivering competitive pricing, via the best and most transparent order process in the forex trading market. Solid ECN's foremost objective is to empower its customers with all the tools they require, to improve their skills, while enjoying a matchless trading experience, during every step of their journey.
Solid ECN Securities LLC was founded in 2020 by a group of foreign exchange market specialists to build their long experience in the financial markets. We strived to design a dedicated service based on the standards we would demand as a trader. The company is composed of a veteran team of experts with extensive experience in the financial industry.