Soltechx Review: The Leading Copy Trading Platform Online 

Forex trading involves buying, selling, and exchanging currencies in the forex market. If you want to open up a forex account, you must deal with a good and reliable broker. The best trading broker will provide you with sound advice and assist you with each step. 

Soltechx Overview

A pioneer in social copy trading, Soltechx was discovered a couple of years ago. Since its launching, it has grown to service millions of registered users with a groundbreaking and state-of-the-art platform which repeatedly evolves to be one of the most extensive social networks worldwide, with clients in hundreds of countries.

Is Soltechx Good for Newbies or Beginner Traders?

Yes. Soltechx is a perfect choice for beginners or newbies. Its trading platform is easy to understand and not complex. It does an excellent job of balancing features and useful tools in a mobile and website platform. It is easier to use this broker than some sophisticated trading brokers. 

One issue beginner traders might encounter with Soltechx is doing enough analysis when choosing which traders to copy and knowing to look at more than simply the absolute returns a given investor has obtained. 

For instance, you may think of the risk score, the normal number of trades put in a week, and the normal loss, profit as well as holding time for a given trader that you’re thinking of copying. 

Is Soltechx Free to Use? 

The cost of Soltechx copying trading service is included in its spreads. Therefore, while it might be free to utilize this platform in terms of commission, you will still incur trading expenses as the ask/bid spreads. 

All brokers online make a profit by charging spreads, commissions as well as a combination of both. You do not have to pay anything extra further than spreads and carry expenses if you select to hold positions overnight. 

Is Soltechx trustworthy?

Yes. This trading platform is trustworthy. It is trusted by millions of traders from all corners of the globe and is licensed and regulated to hold customer funds and, at the same time, give brokerage services in many countries worldwide. This trading platform was NASDAQ-listed. Founded a few years ago, which makes it a safe and secure broker with low risk for trading CFDs and forex.

Factors that determine trust in this kind of service include proper regulatory licensing, operational history, and enough financial capital to ensure solvency and a good track record of superb customer service. In many areas, Soltechx has proven to earn the trust of many clients globally. 

Does Soltechx Offers Cryptocurrency Trading?

Soltechx provides cryptocurrency trading via CFDs and via trading the fundamental asset like, for instance, buying Bitcoin. Remember that crypto CFDs aren’t available to retail investors from any broker’s entity. What is more, cryptocurrency trading on this platform isn’t available in some countries in Europe.

Final Thoughts: Is it a Good Broker or Not?

Soltechx is ideal for traders who wish to crowdsource investment concepts using copy trading techniques or for very-experienced active investors who want to be given to share their ideas with other investors.

Less skilled traders that need some level of handholding might find this platform easy to use and easy to understand. That said, this platform is not ideal for high-volume traders or active traders because small maximum trade sizes and higher spreads will be a restricting factor.

With regards to crypto trading and social copy trading, Soltechx stays the number one option.

Disclaimer: This is sponsored marketing content.