Solar Markets Review – Why Is solarmarkets.co.uk A 100% Scam?

Rating
Broker status Offshore Scam Broker
Regulated by Unlicensed Forex Provider / No Regulation
Scammers Websites solarmarkets.co.uk
Blacklisted as a Scam by No Info
Owned by Solar Holdings
Headquarters Country UK (allegedly)
Foundation year N/A
Supported Platforms Web Trader
Minimum Deposit 10,000 GBP
Cryptocurrencies Crypto
Types of Assets Available
Maximum Leverage No Info
Free Demo Account No

Is Solar Markets a Scam Broker?

Solar Markets is fraud. Solar Holdings is the company behind this crypto trading brokerage. It is located in the UK.

We think we could start there and look at the register of UK’s Financial Conduct Authority.

We didn’t find any entities referred to as Solar Holdings. This means that the Solar Markets regulation was fake. The fraud broker claims that he is registered with the US Financial Crimes Enforcement Network, but this too is false.

Avoid Solar Markets and find a legitimate broker who is regulated by a respected financial authority.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Safe bets are all operators that fall under the supervision of the European Securities and Markets Authority, (ESMA), or the UK’s FCA. If you are a US citizen, ensure that your broker is registered with NFA and CFTC.

Solar Markets is an anonymous financial scammer that has no regulation. This scam broker promises high-quality crypto trading returns. Solar Markets is active in the UK and USA, Philippines, India, Brazil.

Solar Markets Reviews

Trustpilot discovered a lot of fake reviews about Solar Markets, and it deleted them. This means that the broker was trying to create a reputation by lying.

Real traders (i.e. The victims of this horrible scheme) had nothing but negative comments about the broker. Here’s what one trader had to say about Solar Markets.

I got in touch and put £1000 in and watched it increase to £6421. Received phone call nearly every day tell me how good my investment was going, and after nearly 6 months later tried to make a withdrawal again when I was told I’ve got to put £941 in to be able to make the withdrawal. What a con…

Trustpilot user, February 25, 2023.

Solar Markets’ Trading Plans

Solar Market offers these trading plans:

  • Bronze: minimum investment of 10,000 GBP, guaranteed returns of 2%, 30-day period;
  • Silver: 50,000 GBP, guaranteed returns of 3%, 60-day period;
  • Gold: 100,000 GBP, guaranteed returns of 3.5%, 90-day period;
  • VIP: 250,000 GBP, guaranteed returns of 4%, 120-day period.

Solar-Markets-Plans

Solar Markets asks for 10,000 GBP minimum investment. That’s insane! No legit broker would demand that much money.

This broker only offers crypto asset trading (BTC USDT, ETH and XPR). The broker didn’t provide details about the trading conditions, such as spreads, leverage and commissions.

If you don’t see any guaranteed returns, you know you are dealing with a fraudster. Trading is risky by its nature, and nobody can promise anything. To lure victims, the guaranteed returns concept is used.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Uptos, NuxTrade, ASFX.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

Solar Markets: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Solar Markets. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Solar Markets!

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Author: William Thompson
William Thompson

Copywriter with more than 10 years of experience. Wrote analytical content for one of the largest forex brokers in the world. Works as an editor-in-chief at assistance-refund.com

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FAQ

  • Can I Trade For Free?

    No. Solar Markets has no demo account, which is an immediate red flag.

  • What Trading Platform Does Solar Markets Provide?

    Solar Markets platform is a basic WebTrader without advanced features.

  • What is the Minimum Deposit at Solar Markets?

    Solar Markets asks for 10,000 GBP minimum investment. That's insane!

  • What Trading Assets Does Solar Markets Have?

    Solar Markets only offers crypto asset trading.

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