Below is a comprehensive analysis of Solidary Prime Ltd based on the provided criteria, including online complaints, risk level assessment, website security, WHOIS lookup, IP and hosting analysis, social media, red flags, regulatory status, user precautions, and potential brand confusion. The analysis draws on available information, including web sources, and critically evaluates the data to provide an objective assessment.

1. Overview of Solidary Prime Ltd ¶

Solidary Prime Ltd is an online forex and CFD broker claiming over 10 years of experience as an ECN/STP broker, with clients in over 120 countries. The official website is https://solidaryprime.com/. The broker offers trading in forex, metals, stocks, raw materials, and cryptocurrencies, with leverage up to 1:200 and a minimum deposit of 50 EUR/USD. It operates the Solidary Webtrader platform and claims to prioritize low spreads, fast execution, and transparency.

2. Online Complaint Information ¶

• Trustpilot Reviews: Solidary Prime has a “Medium” rating on Trustpilot with a score of 3/5 based on 5 reviews. Complaints include:
• One user reported a PAMM account disappearing without response from support, labeling it a “scam.”
• Positive reviews mention good customer service, fast deposits/withdrawals, and professionalism, but these are limited in number.
• Solidary Markets FX (Related Entity): Solidary Markets FX, noted as the same entity as Solidary Prime by a reviewer, has a higher Trustpilot rating of 4.3/5 based on 313 reviews. However, complaints include significant losses in PAMM portfolios (e.g., 99% loss in one case, 25% loss in a single day), raising concerns about risk management and transparency.
• Forex Peace Army and WikiFX: No specific complaints are detailed, but WikiFX notes the lack of regulation as a significant risk, and Forex Peace Army indicates Solidary Markets is unregistered and unregulated in New Zealand.
• Summary: Complaints are limited but serious, particularly regarding account issues and large losses. The small number of reviews for Solidary Prime (compared to Solidary Markets) suggests low user engagement or awareness, which could indicate either a niche operation or limited legitimacy.

3. Risk Level Assessment ¶

• Scamadviser Trust Score: Solidaryprime.com receives a trust score of 61/100, indicating a medium to low risk. This score is based on automated analysis of hosting, domain registration, and other factors. The site is flagged for high-risk financial services and potential phishing risks.
• WikiFX Risk Warning: WikiFX assigns a low score (1.39/10) due to the lack of valid regulatory licenses and high-risk financial products. It warns that unregulated brokers pose significant risks to investor funds.
• High-Risk Indicators:
• Promises of high returns with low risk, flagged by Scamadviser as a common scam tactic.
• Lack of regulation by major authorities (see Regulatory Status below).
• Complaints about large losses in managed accounts (PAMM portfolios).
• Conclusion: The risk level is high due to the lack of regulation, complaints about losses, and automated risk flags. Experienced traders may find the platform usable, but beginners face significant risks.

4. Website Security Tools ¶

• SSL/TLS Certificate: The website uses HTTPS with a valid SSL certificate, ensuring encrypted communication. This is standard for financial websites but does not guarantee legitimacy.
• DNSFilter: Scamadviser notes that DNSFilter marks solidaryprime.com as safe, indicating no immediate malware or phishing threats.
• Security Vulnerabilities: No specific reports of data breaches or vulnerabilities were found. However, the lack of transparency about security practices (e.g., two-factor authentication, data protection policies) is a concern.
• Conclusion: The website meets basic security standards with HTTPS and a clean DNSFilter rating, but additional transparency about security measures would enhance trust.

5. WHOIS Lookup ¶

• Domain Information:
• Domain: solidaryprime.com
• Registration Date: Registered several years ago (exact date not specified in sources but noted as “older,” suggesting some longevity).
• Registrar: Not publicly disclosed in provided sources.
• Registrant: Likely Solidary Prime Ltd, but WHOIS privacy protection may obscure details.
• Analysis: An older domain is generally a positive sign, as scam websites often use newly registered domains. However, without public WHOIS data, verifying ownership is challenging. The lack of transparency raises minor concerns.

6. IP and Hosting Analysis ¶

• Hosting Provider: The hosting provider is not explicitly named in the sources, but Scamadviser’s analysis suggests the server is located in a high-risk country for financial services, which could increase risk.
• IP Address: No specific IP address is provided, limiting deeper analysis.
• Server Location: Likely outside the EU, as Solidary Prime Ltd is not established in the EU and claims operations in New Zealand and Seychelles.
• Conclusion: The hosting in a potentially high-risk country and lack of detailed IP/hosting information are red flags. Legitimate brokers typically provide clear information about their operational infrastructure.

7. Social Media Analysis ¶

• LinkedIn Presence: Solidary Prime has LinkedIn profiles (es.linkedin.com and nz.linkedin.com) with 117 followers, claiming over 11 years in the industry. Posts promote the broker’s services, quote Warren Buffett, and discuss banking transparency (e.g., TAE rates). The content is professional but promotional, with no significant user engagement.
• Other Platforms: No specific mentions of Twitter/X, Facebook, or other social media activity were found in the sources.
• Red Flags: Low follower count and minimal engagement suggest limited brand recognition. The absence of broader social media presence (e.g., Twitter/X, Instagram) is unusual for a broker claiming global reach.
• Conclusion: Social media presence is limited to LinkedIn with low engagement, which could indicate a small operation or lack of marketing focus. This contrasts with the claim of clients in 120 countries.

8. Red Flags and Potential Risk Indicators ¶

• Lack of Regulation: Solidary Prime Ltd is not regulated by major authorities like the FCA, ASIC, or CySEC. It claims regulation by the Financial Services Commission (FSC) of Seychelles (license SD180), but this cannot be verified on the FSC website, and Seychelles is a high-risk jurisdiction with lax oversight.
• High-Risk Promises: Claims of “guaranteed income” or “secure profit” are flagged as misleading, as no investment is risk-free.
• Complaints About Losses: Significant losses in PAMM accounts and lack of support response are serious concerns.
• Low Transparency: Limited information about company ownership, management, or operational details. The website mentions a “Solidary Group” but provides little clarity on its structure.
• Brand Confusion: Solidary Prime and Solidary Markets FX are closely linked (confirmed by a Trustpilot reviewer), but the relationship is unclear, potentially confusing users.
• Low Tranco Ranking: The website has a low ranking, suggesting limited traffic or popularity, which is suspicious for a broker claiming global operations.
• Conclusion: Multiple red flags, including lack of regulation, misleading claims, and complaints, indicate significant risks.

9. Website Content Analysis ¶

• Claims and Messaging:
• Emphasizes ECN/STP model, low spreads, and fast execution.
• Promotes “democratizing forex” by offering the same conditions to small and large accounts.
• Highlights social responsibility, claiming to collaborate with NGOs, but no specific partnerships are named.
• Offers bonuses (e.g., 100€ extra for a 100€ deposit), which is common but can be a tactic to attract inexperienced traders.
• Transparency: The website discloses that it is not regulated in the EU and falls outside MiFID II, with no investor compensation scheme. This is a rare but honest admission.
• Risk Warnings: Includes standard risk warnings about forex trading, but these are generic and may not adequately highlight the broker’s specific risks (e.g., lack of regulation).
• Conclusion: The content is professional but promotional, with some transparency about regulatory status. However, vague claims about social impact and lack of detailed operational information reduce credibility.

10. Regulatory Status ¶

• Claimed Regulation: Solidary Prime Ltd claims to be regulated by the FSC of Seychelles (license SD180, registration number 8433877-1). However, this cannot be verified on the FSC website, and Seychelles is known for weak regulatory oversight.
• Unregulated in Key Jurisdictions:
• Not regulated by the EU (outside MiFID II framework).
• Not registered as a Financial Services Provider (FSPR) in New Zealand, despite claiming operations there.
• Not regulated by major authorities like FCA, ASIC, or CySEC.
• LEI Registry: Claims supervision under the LEI registry for global transaction tracking, but this is not equivalent to financial regulation.
• Conclusion: The broker is effectively unregulated by reputable authorities, posing a high risk to investors. Seychelles regulation, if valid, offers minimal protection.

11. User Precautions ¶

To mitigate risks when considering Solidary Prime, users should:

1. Verify Regulation: Independently confirm the FSC Seychelles license (SD180) by contacting the regulator directly.
2. Start with a Demo Account: Test the platform with a demo account to assess functionality and reliability without risking funds.
3. Investigate Complaints: Research user reviews on platforms like Trustpilot, Forex Peace Army, and WikiFX for updated feedback.
4. Avoid Large Deposits: Start with the minimum deposit (50 EUR/USD) to limit exposure.
5. Monitor Accounts Closely: Set up alerts for account activity and regularly review statements to detect unauthorized transactions.
6. Be Wary of Bonuses: Understand bonus terms, as they often come with restrictive withdrawal conditions.
7. Consult a Financial Advisor: Seek independent advice before trading with an unregulated broker.
8. Report Suspicious Activity: Use platforms like WikiFX or Scam.SG to report fraud or file complaints.

12. Potential Brand Confusion ¶

• Solidary Prime vs. Solidary Markets FX: A Trustpilot reviewer explicitly states that Solidary Markets FX is the same as Solidary Prime. Both offer similar services (forex, CFDs, MT4 platforms) and share operational characteristics (e.g., New Zealand registration, lack of regulation). However, the websites (solidaryprime.com and solidarymarkets.com) are distinct, and the relationship is not clearly disclosed, potentially confusing users.
• Solidary Group: The website mentions a “Solidary Group” with entities in New Zealand and Seychelles, but no clear structure or ownership details are provided, increasing confusion.
• Similar Names: Entities like “Solid Partner Limited” or “Solely Construction Pte Ltd” (unrelated but flagged in sources) could cause accidental confusion, though no direct link was found.
• Conclusion: The overlap between Solidary Prime and Solidary Markets FX, combined with vague references to a “Solidary Group,” creates significant brand confusion. Users may struggle to distinguish between entities, increasing the risk of engaging with an unintended or less reputable platform.

13. Critical Evaluation ¶

While Solidary Prime presents itself as a professional ECN/STP broker with a socially responsible mission, several factors undermine its credibility:

• Unregulated Status: The lack of oversight by reputable authorities is a major red flag, as investor protections are minimal.
• Complaints and Losses: Reports of disappearing accounts and significant PAMM portfolio losses suggest operational or risk management issues.
• Limited Transparency: Vague details about ownership, the “Solidary Group,” and social initiatives reduce trust.
• Brand Confusion: The unclear relationship with Solidary Markets FX and other entities risks misleading users.
• Low Engagement: Minimal social media presence and low website traffic contrast with claims of global reach. On the positive side, the website is transparent about its lack of EU regulation, and some users report satisfactory experiences with deposits, withdrawals, and support. The older domain and basic security measures (HTTPS, DNSFilter) provide some reassurance, but these are outweighed by the risks.

14. Conclusion ¶

Solidary Prime Ltd presents a high-risk profile due to its lack of regulation, complaints about losses, and transparency issues. While it may appeal to experienced traders comfortable with unregulated brokers and low fees, it is unsuitable for beginners or those prioritizing safety. The potential for brand confusion with Solidary Markets FX and the “Solidary Group” further complicates its legitimacy. Recommendation: Proceed with extreme caution. Verify all claims independently, use a demo account, and limit investments to what you can afford to lose. Consider regulated alternatives with stronger oversight (e.g., FCA, ASIC, or CySEC-licensed brokers) for greater security. If you need further analysis or specific details (e.g., deeper social media investigation or comparison with other brokers), please let me know!