Read our Solid Marketz review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a solidmarketz.com review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Solid Marketz is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Solid Marketz in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.
Solid Marketz Review Conclusions
Making the Solid Marketz review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Solid Marketz review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Solid marketz are scammer. They eat my money. Rob Allen and micheal lowsaki. They turn their phone off. They got peck phone number and peck customer service that don’t respond to messages. I will never advise my enemy to register with them. May God finish them
Solid marketz is scam. Be aware of them. Michael lowsaki and Rob allen are scammer. They are money laundering company. All good reviews on their website is a lay
I strongly feel that Solid Marketz is money Launderer and the regulatory bodies of UK should investigate and take action. I was asked to deposit money that I did but before they showed me how to use their platform or show me how to operate my account they started pressing me to deposit more money. When I told them this was not possible without my knowledge they started operating my account that was not verified. Not only they devoured all my money my account is in red. I try to contact them but they do not respond. I strongly advise everybody not to have any dealings with them and report them to Police. Preying on poor peoples money. If there is any way to recover my money please do let me know.
Thank you! THANK YOU ALL!
Recommend me a reliable broker
The man called Chris smooth talker and a first class scammer,
They said they had access to a new crypto coin backed by the Chinese . well that never happened instead they invested our money in the money market without my agreeing to that, Stay clear of these parasites
only deposited the min but they are trying really hard for me to up the investment four calls a day
thanks for the advise here i go trying to get a withdrawal
Thanks
I opened an account with Solid marketz on the 16th of November 2020 with a deposit of $250.00
The account had a balance of $585 on Monday the 15th of February 2021.
On Thursday the 18th of February 2021, the account balance was $243.
On the 19th of February 2021, the account balance is -$132.
The account representative was Jonathan Price. I am unable to contact him on phone.
This company is fraud so stay out of them…
Initially they will ask you to deposit small amount like $250 and within few days they will ask you to deposit bigger amount by showing they will get you good result so I have deposited another $14943 and now when I am calling and emailing for refund they are not responding at all so don’t give them any single penny.
These people got a hold of my number and harassed me every day for weeks to invest money with them. When I was no longer interested after enquiring and let them know I wanted nothing to do with it I would get prank calls and calls from different numbers and people constantly until I changed my number. I’m now receiving emails from a full of shit Tony Andrew. I believe these people are crooks and advise no one give them your personal details and absolutely NO MONEY!
I have invested £3250 and on the day of investing I made withdrawal as I realised I’d been had. They ignore my continued withdrawal requests fobbing me off with nonsense each time I try. They are evil liars and need to be found
Do not give these fraudsters a penny
MICHAEL CLRKE DAVID HACKETT JONATHAN and MARCO (not real names) please do NOT invest with these low life’s. they will steal your money
THEY ARE SCAM AND CHIP PICK POCKETS
TRASH PPL ONIT . DONT INVEST .
SCAM SCAM .
Low life ppl dont invest with them realy trush . I will post on my you tube fellowers .
They will then run the account into arrears and ask you to pay… nasty lowlife thieves, beware
After first making the initial outlay, every thing was fine. I had read that they never phoned people or contacted people, they were not interested and a fairly poor set of reviews. It didnt sound right to me – they were in touch with me regularly, they emailed me they phoned me and it all seemed that people were just making mischief, my account was going up and up, not by much but always on an upward track. THEN, I asked to make a withdrawal !!!!!! All that I have heard since is why I cant make a withdrawal, that people do not have the authority to approve the request. I now have to conclude that I was wrong and now I am another one of those people just making mischief !!!! Anything I can do to stop others falling into the trap that I did, will be a pleasure as far as I am concerned.
Yes I believe it is a scam run by people pinching pennies.
I opened an account with their recommended 250 Euro to use their AutoTrading program. Their auto trading program run by Freddy (a red flag), was returning around 20% per month. Great I thought. They said if I didn’t invest more into the account they would close it down. I invested another recommended amount of 1000 euro, and within another month it went up around 30%. Total gains of around 90%. Great I thought. They then said if I didn’t invest another 6000 to 20,000 euro they would close it down. I refused saying it was doing very well, lets keep it running. My account immediately dropped over a week to 100 euro. They threw their toys out of the cot and deliberately put on loosing trades and then blamed the market. I am glad I didn’t “invest” more into this.
I broke my rule #1. ” NEVER EVER PUT YOUR MONEY IN SOMEONE ELSE’S CONTROL”
Get your banks involved. I did a request drawback and threatened bad internet reviews. They paid it all back (£3200) eventually after much swearing at them. The account was in profit so I tried to take that but they then ran the account down from £2700 and it’s now at minus £5067… I’m expecting the low life thieving wankers to try and ask me to pay. I’d happily go to court and take these scum bags to the cleaners
Keep well away from these scam merchants.If there any positive reports on this company,they will have been written by themselves pretending to be clients.
I was dealing with Nina, she eventually disappeared to visit her family in Spain. She’s half Swiss and Portuguese apparently. so I was left with ‘Freddie’ who did nothing, and my £2500 is stuck in their system.
same old story Freddie, Marco, and Dave. I was taken for £5000 and really did find them easy to talk to now I know why. I managed to amass $28500 and it all went pure evil bastards.
they have phoned me asking me to invest money to regain what I have lost. my health has deteriorated and I have told them, he said “you do not have to do anything just find the funds and we will get you everything back and discuss where we go from there.” is there anyone else who had this, and if so what action should I do.
These people, if thats what I should call them, are nothing but a group of criminals engaged in the mass deception of vulnerable people. What ever you do, DO NOT give them or let them steal any more of your money. Their method of operation is such that you cannot or will not be allowed to withdraw your money from your account. I do not know how much you have lost, but, I am afraid, you will never see that money again. I personally lost £230.00, not that I wanted to, but it was a manageable amount. In your normal life you would not choose to mix with a bunch of criminals, thieves, rogues and crooks, so why volunteer and even pay to mix with them in these circumstances. Keep away !!!!!
they do not take your money through a solid marketz account they use a school for traders account
I dont know what you are trying to say my friend but whatever method they use they take it and do not give it back.
I am trying to say my friend that they are covering their tracks from any sort of inquiry into how money is passed through their accounts.
People never trusted Solid Marketz and his trader not with a ten foot poll you will be be come penniless one of the coments was perfect explain the will ask to invest small and the promise to look after you and your money then they con to invest more and more to make a quick profit while they show your account is ahead, when the situation started to get RED and you see that is not way you’re going to get anything back you aplay for with drowring and some smart ass come along and shows you different account that that one you have before the only different if tje shows how that one was empty OUT. and I lost All my investment. IT’S ONE OF THE GREATERS SCAMMER ON THIS CENTURY.
Ramon, welcome to the club of people who have been ripped of by the big scam called solidmarketz. If its of any comfort, you are not on your own and so you should not feel to downhearted. What is important from here on in, is that you do all that you can to warn, advise, tell as many people as you can to stay away from them. I hope they did not steal too much money from you, but learn the lessons, just like the rest of us have, do not part with your cash to people who are unregulated. Best wishes.
Paul B
Again, 2 years later, after they scammed me the 1st time, SM called me to say they can refund my money. The other naughty brokers had a smack on the bottom and have left SM they said.
They said they needed to use anydesk to get into my computer and one of my wallets to return my 1200 euro in bitcoin. How f……. stupid do you think I am I asked. Their reply was “You must be stupid if you don’t want your money back”
I said “send me an email confirming this and I will send you my wallet address”.
Didn’t happen and I would guess… never will.
HUGE RED FLAG.