Beware of the Solid Invest scam. Warnings from European regulators

European regulators warn against the activities of fraudsters under the Solid Invest brand. The accumulation of messages from different countries means that fraudsters are not only very active, but can also be effective. We warn against this entity!

Solid Invest on alert lists

German BaFin, French AMF, British FCA, Austrian FMA, Cypriot CySEC, Italian CONSOB, Spanish CNMV and Belgian FMSA - these institutions have already warned their citizens about the activities of Solid Invest. Although the list is exceptionally large, it may be surprising that the Polish Financial Supervision Authority does not make an entry. However, we are sure that it is only a matter of time - the name of the company has already started to appear on internet forums.

The Solid Invest brand belongs to Capital Letter GmbH / Gray Matter Enterprise Ltd, a company (theoretically) registered on the Island of St. Vincent and the Grenadines. It also includes scams such as GFX Royal, Bright finance or StsRoyal. The "broker" operates under the domain solidinvest.co and although it apparently focuses only on popular cryptocurrencies, it also advertises itself as an intermediary in trading Forex, indices or commodities.

Of course, as is the case in most cases of this type, it is not authorized to conduct this type of activity. But it also "does not need them", because in its assumption it does not provide for any services, and the only goal is to extort as many funds as possible from its victims.

We warn against using the services of unlicensed companies. Before opening an account, always make sure it is correct the broker has the appropriate regulations and permits at the indicated financial market supervisory institution.