SOOLIKE Forex broker specializes in providing foreign exchange trading services, the company's official website https://crm.soolike.com/getview?view=register, the company's legitimate regulatory information South AfricaFSCAFinancial Service, to enhance the security of the company's address Atrium on 5th, 9th Floor, 5th Street, Sandton, Johannes burg, 2196, South Africa.
SOOLIKE Forex Broker
Basic information
South Africa
1-2 years Regulated in South Africa Financial Service MT5 Full License Regional Brokers Medium potential riskCompany profile
SOOLIKE Information
SOOLIKE is a South African-registered brokerage established in 2010 and regulated by the FSCA. It enables traders to trade various products, including forex currency pairs, commodities, futures, indices and stocks via the MetaTrader 5 trading platform. There are also 4 types of accounts that support spreads starting from 0.0pip.
Pros and Cons
| Pros | Cons |
| Well regulated | |
| 275+ instruments | |
| The spread starts at 0.0 pip | |
| Support MT5 |
Is SOOLIKE Legit?
| Regulated Region | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| FSCA | SOOLIKE CAPITAL MARKETS (PTY) LTD | Financial Service | 53244 | Regulated |
What Can I Trade on SOOLIKE?
SOOLIKE says it supports 275+ instruments, including trading forex pairs, such as GBPUSD, EURUSD, USDJPY, etc. It also has Stock CFDs; Ftse 100, Germany 40, Wall Street and other indexes; Precious metals are gold, silver and so on; Trading commodities, including metals, energy and agricultural markets; It is also possible to trade more than a dozen cryptocurrencies, including Bitcoin, Ether and Litecoin.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious metals | ✔ |
| Commodities | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Stocks CFD | ✔ |
| Cryptocurrency | ✔ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
SOOLIKE has four types of accounts: Standard Account, Premium Account, Micro Account and ECN Account.
They have a uniform leverage of 1:500, with minimum deposits from $100 to $10,000.
SOOLIKE Fees
The spread of the 4 accounts ranges from 0pip to 1.8pip with no commission. In addition, all four types of accounts charge swap fees.
Trading Platform
SOOLIKE enables traders to use MT5 on desktop, mobile and web.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Skilled traders |
| MT4 | ❌ |
Deposit and Withdrawal
SOOLIKE supports payment methods such as VISA, BANK TRANSFER, Bitcoin, Perfect Money, wire transfer and mastercard.
Rating Index
ECN
MICRO
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Latest Reviews
FX4299740212
Malaysia
I have been trading for a while, and while making money, I also provided strategies for me. The service is good, which is great.
Positive
2024-09-06
FX3456829294
United States
Soolike has low spreads and fast withdrawals. I like it very much.👍
Positive
2024-09-02
FX2720018848
United States
They promised a "deposit $500, get $500" deal, and mentioned some algorithmic system. After I deposited $500, they didn't give the promised $500 bonus. The next day, my account blew up. I thought the bonus could help me recover losses or even make some profit, but they kept delaying it. Only after I threatened to expose them did the bonus finally arrive. By then, they claimed my principal was lost and I couldn't trade to avoid risking their bonus money. Everyone knows that such bonuses are just numbers entered by the platform. I'm very upset and have decided to expose this platform. If you make profits, they might not let you withdraw them, always finding excuses. Such a terrible platform shouldn't be used. If you're an existing customer, withdraw your funds quickly. There are much better platforms than this trashy Soolike platform. Don't be tempted by cheap offers or fanciful algorithm trading promises. It's a rubbish platform and I'm going to expose it on other media too. Switch platforms fast or they might just abscond with your money.
Exposure
03-04