Discuss SolidECN.com

[SOLID ECN LLC]

How does welcome bonus work? What's the minimum deposit to get that promo?​

Dear @TestMan,

Thank you for sharing your question with the community.

We do not offer a welcome bonus at the moment. The current promotions are:​

• %40 trade-able deposit bonus​
• Negative Balance protection​
• Islamic account​
• No deposit fee​

The profits made from trading accounts using any promotion are free to withdraw.

Should you have any questions, please do not hesitate to write us.​

 

[SOLID ECN LLC]

Forex trading doesn’t take place on a regulated exchange (like shares or other assets do), as it occurs between buyers and sellers from anywhere in the world, through an over-the-counter (OTC) market. To be able to access this market, you need to use a Solid broker.

As this market is not centralized, you’ll quickly realize that you can access different exchange rates and trading conditions, depending on the broker you use. For this reason, choosing the right broker for your trading style is essential in becoming a successful Forex trader. It’s important to note that even if there are many brokers out there offering similar products and services, there are a few things you should check before deciding which one to use, to be sure you’ll be giving yourself the best chance to succeed.

You need to be sure it offers the right kinds of trading platforms and trading accounts for your trading style – not to mention other details such as trading conditions, spreads, minimum deposit, payment methods, main currency of the account, and the availability of the technical support.

Another very important thing to consider when choosing a broker is what type of broker that they are, as they are different kinds – predominately, Market Makers and ECNs.

Market Maker vs. ECN broker
Understanding the definition of a Market Maker is pretty straightforward – it’s a broker that “makes the markets” by setting the bid and the ask prices via its own systems. Then, they display these prices via their platforms, so that investors can open and close trading positions.

Usually, a Market Maker broker will not hedge its client positions with other liquidity providers like an ECN broker would do. Instead, what Market Markets do is they pay winning client positions out of their own accounts. It also means that when a client has a winning trading position, a Market Maker broker loses.

An ECN broker stands for Electronic Communication Network (ECN). Solid ECN provides its traders with direct access to other market participants via interbank trading prices. This network allows buyers and sellers in the exchange to find a counterparty of their trading positions.

Solid ECN uses different liquidity providers, we are able to allow prices from these providers to compete in the same auction, which usually means that traders get better prices and cheaper trading conditions. Moreover, by using an ECN broker, traders usually trade in a more efficient and transparent environment.

Solid ECN Securities makes money with the trading volume of its clients, charging a commission on each position.​

Solid ECN Securities
FPA Score 5/5​

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> Solid ECN broker doesn’t trade against its clients.
> Solid ECN broker is only the intermediary between your buying and selling orders, matching you up with different market participants.

Hence, Solid ECN broker doesn’t bet against you, which means that it never takes the other side of your trading positions. This trading model ensures you that there is no conflict of interest, as an ECN broker gets a commission whether you make or lose money.

Using an ECN broker limits price manipulation, increases transparency and provides better trading conditions. As an ECN broker doesn’t “make the market” by creating its own quotes, it is harder for it to manipulate prices, simply because it uses prices from different liquidity providers. With an ECN broker, you have access to real-live, current information, as well as more accurate prices history, hence why it is more difficult for this type of broker to manipulate prices. Displaying prices from official sources transparently in the Solid ECN trading platforms makes it easier for you to trade instantly, with tighter spreads than other types of brokers. Moreover, you usually get lower fees and commissions, as well as immediate confirmations.

Another benefit of accessing real quotes is that you avoid “re-quotes”, which can have a negative impact on your overall trading performance. This usually happens when your trading order is rejected because of the change in the price of the asset you want to invest in. Then, the broker offers you a “re-quote” of the given asset (which rarely works out in your favor).

Bottom-Line
As you can see, using us (Solid ECN) allows you to trade more efficiently and profitably, thanks to better trading conditions and better trading execution. With increased transparency and no conflict of interest, Solid ECN like MultiBank are the most reliable and safe way to trade.

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1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection​

 

[SOLID ECN LLC]

Trend-Following Tool
It is possible to make money using a countertrend approach to trading. However, for most traders, the easier approach is to recognize the direction of the major trend and attempt to profit by trading in the trend's direction. This is where trend-following tools come into play.

Many people try to use them as a separate trading system, and while this is possible, the real purpose of a trend-following tool is to suggest whether you should be looking to enter a long position or a short position. So let's consider one of the simplest trend-following methods—the moving average crossover.

A simple moving average represents the average closing price over a certain number of days. To elaborate, let's look at two simple examples—one long term, one shorter term.

The chart above displays the 50-day/200-day moving average crossover for the euro/yen cross. The theory here is that the trend is favorable when the 50-day moving average (in yellow) is above the 200-day average (in blue) and unfavorable when the 50-day is below the 200-day. As the chart shows, this combination does a good job of identifying the major trend of the market—at least most of the time. However, no matter what moving-average combination you choose to use, there will be whipsaws.​

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1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection​

 

[carpiojhen]

hi solid! how can i undestand that a broker has ecn model? thanks

 

[SOLID ECN LLC]

hi solid! how can i undestand that a broker has ecn model? thanks​

Dear @carpiojhen,

Thank you for sharing your question with the community.

The best way to find ECN broker is to open a live trading or demo account with small amount. Then compare the spread difference and the execution speed from market maker broker.

Market makers charge high commissions and the spreads are wide because they always try to damage their clients' accounts.


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1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection​

 

[SOLID ECN LLC]

Understanding different stock types can benefit your portfolio
When most people think of stocks, they typically think of publicly listed shares traded on the stock exchange. However, it's important for investors to know the different types of stocks available, understand their unique characteristics, and be able to determine when they may represent a suitable investment. Below, we outline the various stock categories, aiming to take the confusion out of differing stock classes on offer to investors.
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Common and Preferred Stock
Common stock—sometimes referred to as ordinary shares—represents partial ownership in a company. This stock class entitles investors to generated profits, usually paid in dividends. Common stockholders elect a company's board of directors and vote on corporate policies. Holders of this stock class have rights to a company's assets in a liquidation event, but only after preferred stock shareholders and other debt holders have been paid. Company founders and employees typically receive common stock.
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On the other hand, preferred stock, or preference shares, entitles the holder to regular dividend payments before dividends are issued to common shareholders. As mentioned above, preferred shareholders also get repaid first if the company dissolves or enters bankruptcy. Preferred stock doesn't carry voting rights and suits investors seeking reliable passive income.

Many companies offer both common and preferred stock. For example, Alphabet Inc Google's parent company - lists Alphabet Inc. (GOOGL), its Class A common stock, and Alphabet Inc. (GOOG), its preferred Class C stock.

You can trade the common stock market at Solid ECN Securities.

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1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection​

 

[SOLID ECN LLC]

Growth Stocks vs. Value Stocks
As their name suggests, growth stocks refer to equities expected to grow at a faster rate compared to the broader market. Generally, growth stocks tend to outperform during times of economic expansion and when interest rates are low. For instance, technology stocks have significantly outperformed in recent years, fueled by a robust economy and access to cheap funding. Investors can monitor growth stocks by following the themed exchange-traded fund (ETF), the SPDR Portfolio S&P 500 Growth ETF (SPYG).

Conversely, value stocks trade at a discount to what a company's performance might otherwise indicate, typically having more attractive valuations than the broader market. Value stocks—such as financial, healthcare, and energy names—tend to outperform during periods of economic recovery, as they usually generate reliable income streams. Investors can track value stocks by adding the SPDR Portfolio S&P 500 Value ETF (SPYV) to their watchlist.

Income Stocks
Income stocks are equities that provide regular income by distributing a company's profits, or excess cash, through dividends that are higher than the market average. Typically, these stocks—think utilities—have lower volatility and less capital appreciation than growth stocks, making them suitable for risk-averse investors who seek a regular income stream. Investors can access income stocks through the Amplify High Income ETF (YYY).

Blue-Chip Stocks
Blue-chip stocks are well-established companies that have a large market capitalization. They have a long successful track record of generating dependable earnings and leading within their industry or sector. Conservative investors may top-weight their portfolio with blue-chip stocks, particularly in periods of uncertainty. Several examples of blue-chip stocks include computing giant Microsoft Corporation (MSFT), fast-food leader McDonald's Corporation (MCD), and energy bellwether Exxon Mobil Corporation (XOM).

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1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection​

 

[SOLID ECN LLC]

Cyclical and Non-Cyclical Stocks
Cyclical stocks are directly affected by the economy's performance and typically follow economic cycles of expansion, peak, recession, and recovery. They usually display more volatility and outperform other stocks in times of economic strength when consumers have more discretionary income. Examples of cyclical stocks include iPhone maker Apple Inc. (AAPL) and sports gear giant Nike, Inc. (NKE). Investors can add cyclical stocks to their portfolios by purchasing the Vanguard Consumer Discretionary ETF (VCR).

On the other hand, non-cyclical stocks operate in "recession-proof" industries that tend to perform reasonably well irrespective of the economy. Non-cyclical stocks usually outperform cyclical stocks in an economic slowdown or downturn as demand for core products and services remains relatively consistent. The Vanguard Consumer Staples ETF (VDC) provides exposure to large-cap defensive stocks like personal care giant The Procter & Gamble Company (PG), as well as beverage makers PepsiCo, Inc. (PEP) and The Coca-Cola Company (KO).

Defensive Stocks
Defensive stocks generally provide consistent returns in most economic conditions and stock market environments. These companies typically sell essential products and services, such as consumer staples, healthcare, and utilities. Defensive stocks may help protect a portfolio from steep losses during a sell-off or bear market. A defensive stock may also be a value, income, non-cyclical, or blue-chip stock. Telecommunications giant AT&T Inc. (T) and healthcare multinational Cardinal Health, Inc. (CAH) are among the defensive stocks included in the core holdings of the Invesco Defensive Equity ETF (DEF).

Defensive stocks are less likely to face bankruptcy because of their ability to generate consistent returns during periods of economic weakness.



IPO Stock
When a company goes public, it issues stock through an initial public offering (IPO). IPO stock typically gets allocated at a discount before the company's stock lists on the stock exchange. It may also have a vesting schedule to prevent investors from selling all of their shares when the stock commences trading. Market commentators also use the term "IPO stocks" when referring to recently listed stocks. Investors can monitor for upcoming IPOs through the Nasdaq website.
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Penny Stocks
A penny stock is equity valued at less than $5 and is considered highly speculative. Although some penny stocks trade on major exchanges, many trade through the OTCQB—a middle-tier over-the-counter (OTC) market for U.S. stocks operated by OTC Markets Group.9 Investors should consider using limit orders when placing buy and sell orders in penny stock, as they often have a large spread between the bid and ask price.

Penny stocks shot to prominence in popular culture after the release of The Wolf of Wall Street, a movie about a former stockbroker who operated a penny stock scam. Investors who want to take a bet on penny stocks should look at the iShares Micro-Cap ETF (IWC).​

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1:1000 Leverage | Spread from Zero | %40 Deposit Bonus | Negative Balance Protection​

 

[yantinopy1]

Do you have any restrictions on trading? for example news trading or arbitrage

 

[SOLID ECN LLC]

Do you have any restrictions on trading? for example news trading or arbitrage

Hi,

Thank you for leaving your question here.

Arbitrage trading is prohibited.