Score
SOOLIKE
South Africa|1-2 years| https://soolike.com/en
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
Hong KongContact
Licenses
Licensed Institution：SOOLIKE CAPITAL MARKETS (PTY) LTD
License No.：53244
Basic Information
South Africa
1-2 years Regulated in South Africa Financial Service MT5 Full License Regional Brokers Medium potential riskAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
soolike.com
Server Location
Germany
Website Domain Name
soolike.com
Server IP
77.37.44.56
Company Summary
| SOOLIKEReview Summary | |
| Founded | 2010 |
| Registered Country/Region | Regulated |
| Regulation | South Africa |
| Market Instruments | ForexPrecious metalsCommoditiesEnergiesIndicesStocks CFDCryptocurrency |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pip |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Phone: +27 10143 1654 |
| Email: support@soolike.com | |
| Online Chat: 24/7 | |
| Physical Address: Atrium on 5th, 9th Floor, 5th Street, Sandton, Johannes burg, 2196, South Africa | |
| Social Media: Twitter, Facebook, Instagram, Linkedin | |
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.
Keywords
- 1-2 years
- Regulated in South Africa
- Financial Service
- MT5 Full License
- Regional Brokers
- Medium potential risk
News
News Market Analysis for Today
Gold price surged above the $2,700 mark on Thursday as the Greenback trimmed some of its earlier gains. Data from the United States (US) revealed that the economy remains solid after the release of co
2025-01-17 09:19
News Market Analysis for Today
Gold climbed for the second straight day due to a plunge in United States (US) yields following data that hinted at fading core inflation. This suggests that the Federal Reserve (Fed) could ease polic
2025-01-16 10:04
News Market Analysis for Today
Concerns about the Federal Reserves policy interest rates on gold prices are gradually fading, as the Feds policy interest rates have taken over market sentiment this week. After a sharp decline on Mo
2025-01-15 09:14
News Market Analysis for Today
Golds price (XAU/USD) sees some broad profit taking and drops by 1% and halts its four-day winning streak on Monday as markets catch up and reprice the recent US Nonfarm Payrolls release.The report fu
2025-01-14 10:09
News Market Analysis for Today
Gold prices soared for the third consecutive day, rising by 0.35%, as concerns over Donald Trumps proposed policies stimulated haven demand amid the UKs ongoing budget crisis. At the time of writing,
2025-01-10 09:13
News Analysis of today's market
After adopting a neutral to slightly hawkish tone in the minutes of the Federal Reserve's December meeting, gold prices rose during the North American session, hinting that "it would be appropriate to
2025-01-09 09:38
Review 18
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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
A0 Rock
Malaysia
I was initially drawn to this broker because of its no deposit bonus, but I soon found that it provides good trading conditions. I enjoy commodity and energy trading. They offer both! The most amazing feature is that they always executed my deals at the best price. I made the correct choice!
Positive
2024-08-05
FX4309846872
Singapore
Smooth trading, fast deposits and withdrawals 😎
Positive
2024-08-02
Usman Abubakarr
South Africa
Unlike other traders, I benefited more from this broker's professional insights, always picking up something new to improve my trading, like news trading and trend strategies, which were really helpful for me.
Positive
2024-07-22
FX2500825592
Hong Kong
I'm all about the competitive spreeds.It's like getting a discount on every trade,Love it.
Positive
2024-06-06
FX4309846872
Singapore
Soolike is a great platform, I have been trading for a while, withdrawals are fast, spreads are also low, and they also provide strategy services, which can help me analyze the market better.
Positive
2024-06-06
Noah Shone
United Kingdom
I've been with SOOLIKE for a while now, and their platform just keeps getting better. It's so user-friendly, and their spreads are unbeatable.
Positive
2024-05-29