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 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
News Analysis of today's market
Despite the dollar taking a hit, gold prices remained flat at the beginning of this week. Higher U.S. Treasury yields put pressure on gold, while U.S. President-elect Donald Trump dominated headlines
2025-01-07 09:25
News Analysis of today's market
Gold declined on Friday, falling by roughly two-thirds from the weekly high as market sentiment shifted away from its initial risk appetite, retreating below $2,640 per ounce. During the first week of
2025-01-06 09:39
News Analysis of today's market
During the first trading day after the New Year holiday, gold prices extended intraday gains to nearly $2,650 during the North American session, driven by heightened market risk aversion as investors
2025-01-03 09:26
News Analysis of today's market
Gold concluded its final trading day of the year on a quiet Tuesday, rebounding swiftly from a low of 2,600earlier in the week toclose at 2,625.00 per ounce. For much of the holiday season, the market
2025-01-02 09:22
News Analysis of today's market
During Monday's North American trading session, gold prices dipped near a low of close to $2,600. As the US dollar staged a rebound during the session and turned positive, gold faced selling pressure,
2024-12-31 09:08
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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