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Solidary Markets FX Review

Updated: July 12, 2026
Solidary Markets FX
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Estimated monthly visitsMarch 2026980
April 2026276
May 20260
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About Solidary Markets FX

Solidary Markets FX (SMFX), operating via the domain solidarymarkets.com, is not authorised by any financial regulator. The Comisión Nacional del Mercado de Valores (CNMV, Spain) issued a warning on 5 December 2016 stating that Solidary Markets FX “is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law… including, to those purposes, transactions on foreign currency” . The firm is not listed in any recognised registration such as in New Zealand’s FSP register or by other regulators. CNMV published Solidary Markets FX in its list of unauthorised entities on 5 December 2016 .

Despite being registered in New Zealand (as claiming to be Solidary Markets NZ Ltd.), the firm does not appear in New Zealand’s Financial Service Providers Register (FSPR), indicating it is not regulated there. Multiple independent investigations concluded that Solidary Markets FX operates without regulatory oversight, branding it as high risk or fraudulent , , and .

Available platform and account data stems from user-generated reviews, not official sources. According to user reviews, Solidary Markets FX offers trading via MT4, WebTrader, and mobile platforms; instruments include 65+ forex pairs, CFDs on gold, silver, oil, indices, and 5+ cryptocurrencies (e.g. Bitcoin, Litecoin, Ethereum). Reported minimum deposit is $50, with maximum leverage up to 200:1. The broker claims ECN execution. These details originate from forums and review platforms lacking regulatory confirmation .

Pros and cons

Pros

  • Reported availability of popular trading platforms: MT4, WebTrader, MobileTrader.
  • Reported low minimum deposit requirement ($50) and relatively high leverage (up to 200:1).

Cons

  • No valid regulatory licences; expressly unauthorised by CNMV with domain solidarymarkets.com listed in warning.
  • Not registered in New Zealand’s FSPR nor authorised by any other regulator.
  • Alleged withdrawal issues and scam reports based on user complaints and broker review sites.

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