Soltechx Review: A Way to Amplify Your Inner Trader’s Voice or SCAM?

Soltechx - logo

Soltechx is a broker that promises to amplify your inner trader’s voice. However, after such claims, it simply seems to us that the broker is excessively playing to the gallery and chewing the scenery. We will investigate whether this is a scam or not and provide you with the results in a brief review.

Soltechx General Information

Phone Number +441312975921
Address St. Vincent Ltd Bank Building, James Street, Kingstown, Saint Vincent and The Grenadines.
Minimum Deposit
Assets CFDs
Trading Platform WebTrader

Registration and Client Portal Review

Soltechx employs a minimalist design philosophy for its website, aiming for a sleek and modern appearance. Yet, the execution falls short of achieving a truly stylish and engaging interface. While the minimalist concept can convey a sense of elegance, in this case, it seems to have resulted in a lack of essential elements that visitors might expect.

One notable aspect is the limited language options available on the official website, with only Russian and Turkish languages provided. This choice raises questions about the broker’s global accessibility and inclusivity.

Upon exploring the “About Us” section, it becomes evident that concrete and substantial information about the company is conspicuously absent. Instead, the section appears to be a generic placeholder, offering no insights into the broker’s history, mission, or values.

Soltechx - website

Soltechx offers a registration process that follows a relatively standard procedure. It involves filling out a brief questionnaire and carefully reviewing the user agreement. Upon completion, clients are promptly directed to the client portal without the need for email or phone verification.


The Client Portal, while functional, leans towards a minimalist design. It encompasses all the necessary functionalities, ensuring traders can access their accounts, manage transactions, and navigate through various features. However, the portal lacks a distinctive edge or exclusive features that could set it apart from other platforms on the market.

Soltechx - Client Portal

Soltechx Trading Conditions

An internal trader’s voice becomes futile when the broker offers subpar trading conditions. Let’s delve into what Soltech has to offer its clients and see whether it aligns with their proclaimed commitment to traders.

Account Types Review

The broker does offer different account types; at least it mentions them. However, the official website lacks detailed descriptions of these account types. The provided information mainly focuses on trading instruments, lot sizes, and spreads. Interestingly, the execution model for trades is not clearly specified on the website, leaving customers uncertain. Based on the absence of relevant data, it suggests that Soltechx operates under a Dealing Desk (DD) model. This implies the potential for conflicts of interest, adding another layer of concern for clients.

Additionally, the broker fails to provide information about the leverage ratio and the required deposit amount. These crucial details remain shrouded in mystery. It’s suggested that clients might need to inquire about this information directly from the project’s managers. However, we question why such essential information isn’t readily available in an open and transparent manner for prospective traders.

Trading Platform

The broker’s trading platform leaves much to be desired, raising concerns about its quality and integrity. It’s important to note that such platforms are often favored by scammers due to their limited functionality, making it difficult for traders to accurately assess the broker’s performance.


Soltechx offers both a downloadable desktop version and a web-based platform. However, even with these options available, the functionality provided is notably lacking for experienced traders. The platform’s limited features and tools are far from adequate, failing to meet basic needs.

Soltechx — Deposit and Withdrawal of Funds

The broker offers credit card and bank transfer options for both deposits and withdrawals. Clients can conveniently use these methods to fund their accounts and withdraw funds as well. However, it’s important to be aware that the company may impose deposit fees ranging from 25 to 50 euros.


The verification process with Soltechx involves several steps. To initiate it, clients are required to submit valid identification documents, such as a government-issued ID or passport, as well as proof of address, such as a utility bill or bank statement.

It’s important to note that the duration of the verification process may vary and is not explicitly specified on the website. Clients are advised to allow sufficient time for the verification to be completed. Successful verification is crucial for gaining access to the full range of services and features offered by the broker, including fund withdrawals.

Additional Options

Soltechx also offers additional services to enhance the trading experience for its clients. These services include access to webinars and electronic books (e-books) that cover various aspects of trading and market analysis. However, it’s important to highlight that these resources are not available to all traders; they are accessible only to those who have opened specific types of accounts.

As mentioned earlier, the exact requirements or criteria for gaining access to these additional services are undisclosed on the broker’s website.

Is Soltechx a Scam?

For now, we can definitely state that Soltechx is not transparent. This is a major red flag for us, but we will continue our research further.

Both in the user agreement and in the footer, it is claimed that Soltechx is registered in Saint Vincent and the Grenadines. The footer displays the name of the managing company as Max LLC. However, we have checked the registry of this offshore jurisdiction. Among 9 similar names, there is no such registered firm. Soltechx is misleading its visitors. Moreover, if the company is not even legally registered, it has no right to provide brokerage services, which means it lacks a license. This anonymous website operates without any supervision, making it highly dangerous.

Legal data check Domain Info

The broker conveniently avoids disclosing its establishment date. Nevertheless, we took it upon ourselves to conduct a thorough investigation into its operational history. In order to ascertain the facts, we initiated a domain check, which ultimately revealed that the domain was officially registered on November 10, 2021. This finding sheds light on the actual time frame during which Soltechx has been in existence.

Domain info

For unknown reasons, the broker has now apparently settled on the domain. We can only guess what forced it to take such a step long before the expiration date of the domain name. Apparently, Soltechx has been an eyesore to powerful regulators such as the UK’s FCA, which released a report on July 27 that the considered site was not authorized.

Contacts Review

Soltechx provides contact options including a phone number and email for communication. However, unsurprisingly, there is no office address listed, given the apparent nature of the company as potentially fictitious. It would be illogical to expect such information from an entity of this nature.

Pros and Cons

  • None.
  • Lack of transparency.
  • Poor website design.
  • Unspecified trading accounts.
  • Questionable regulatory status.
  • Limited trading platform functionality.


Frequently Asked Questions (FAQ)

What Does Soltechx Offer?

Soltechx claims to offer a range of trading services, including access to various financial instruments and markets.

How Much Money Should I Invest With Soltechx?

The minimum deposit required to start trading with Soltechx is not specified.

Is Soltechx Safe?

No, it is not. Soltechx is not even legal. This is just a scam website.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Mick

    It's a a psychological scam

    This is a classic psychological scam. Fortunately, I didn’t fall for the scammers, but sadly, one of my close acquaintances did. He shared his story of how people are swindled here. The soltechx managers persistently call and spin tales of unreal earnings, and people want to believe them. That’s why my friend invested here. The outcome? His account was quickly blocked, and his money is now irretrievable. It’s astonishing how easily people’s last savings can be lured away. After my friend’s ordeal, I hope that fewer people will be enticed to invest here.

  2. Aurora

    A Mirage of trading

    Describing Soltechx’s activities with civil words is a challenge, but I’ll try. It’s an entirely fake broker, with no connection to actual trading in the stock market. What clients see in the terminal and their account is mere illusion; none of these transactions even reach the market. You can easily confirm this by attempting to withdraw funds supposedly in your broker account. They’ll either make excuses or outright block your account without any explanation. This is the tactic employed by all scammers, and this one is no exception.

  3. Andrew

    Trapped and deceived

    I couldn’t withdraw any funds from here, no matter what. I experienced it firsthand, and it’s proof that this company is just a scam. I invested a significant amount, lured in by their welcoming bonus. I admit it was foolish, but they do lure clients quite effectively. However, all their promises of substantial earnings are nothing but lies from start to finish. Trying to withdraw money is a futile endeavor as they constantly reject withdrawal requests without explanation, and contacting their representatives is impossible.