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SOOLIKE -

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Score

5.16 /10

Average

SOOLIKE

Item: SOOLIKE
Rating: 5.16

South Africa

1-2 years

Regulated in South Africa

Financial Service

MT5 Full License

Regional Brokers

Medium potential risk

https://soolike.com/en

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Comparison

Quantity 1

Exposure

Open Account

Website

Score

Regulatory Index3.51

Business Index4.86

Risk Management Index8.90

Software Index9.02

License Index3.51

Follow

Open Account

Website

Licenses

FSCA Regulated

Financial Service

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

SOOLIKE CAPITAL MARKETS

Company Abbreviation

SOOLIKE

Platform registered country and region

South Africa

Company website

https://soolike.com/en

X

https://x.com/soolikemarkets?s=11

Facebook

https://www.facebook.com/profile.php?id=61556743314042&mibextid=LQQJ4d

Instagram

https://www.instagram.com/soolikemarkets?igsh=ZTBkZjVkZmdwc3pv&utm_source=qr

https://www.linkedin.com/company/soolike-capital-markets/

85223194358

Company summary

Pyramid scheme complaint

Expose

SOOLIKE · 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.

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MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

Exposure

1 pieces of exposure in total

Pyramid scheme complaint

Expose

Scam

They promised a "deposit $500, get $500" deal, and mentioned some algorithmic system.

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.

FX2720018848

2025-03-04 14:57

SOOLIKE · 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.

News

NewsMarket Analysis for Today

Gold price resumes its uptrend on Monday after erasing some of its earlier losses, which saw the precious metal hit a daily low of $3,268. A shift in market mood lifted Bullion‘s buyers’ spirits, driv

WikiFX

2025-04-29 09:26

NewsMarket Analysis for Today

Gold prices plunged more than 2.50% on Wednesday as risk appetite improved due to a possible de-escalation of US-China tensions and US President Donald Trumps statement that he doesnt plan to fire Fed

WikiFX

2025-04-24 09:23

NewsMarket Analysis for Today

Gold price retreats after hitting a record high at $3,500, but traders booking profits and improving risk appetite send the Bullion drifting lower, although US Treasury yields drop. At the time of wri

WikiFX

2025-04-23 09:19

NewsMarket Analysis for Today

Gold price begins the week on a higher note, gaining over 2.56% and refreshing a previous record high as the precious metal hits $3,430 on uncertainty about comments that threat to curtail the Federal

WikiFX

2025-04-22 09:11

NewsMarket Analysis for Today

European and US markets are closed due to a long Easter weekend, so news flows are light. San Francisco Federal Reserve (Fed) President Mary Daly crossed the wires and said that the economy is in a go

WikiFX

2025-04-21 09:23

NewsMarket Analysis for Today

Gold now gathers extra steam and advances beyond the $3,340 mark per troy ounce on Wednesday, hitting all-time highs amid ongoing worries over escalating US-China trade tensions, a weaker US Dollar an

WikiFX

2025-04-17 09:23

NewsMarket Analysis for Today

Gold price (XAU/USD) clings to gains near all-time highs (ATH) around $3,245 during North American trading hours on Tuesday. The yellow metal demonstrates strength as deepening uncertainty over the gl

WikiFX

2025-04-16 09:20

NewsMarket Analysis for Today

Gold price started the week with a small bearish gap but managed to regain its traction during the Asian trading hours. After touching a new record-high of $3,245, XAU/USD entered a consolidation phas

WikiFX

2025-04-15 09:25

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Comments

Write a review

FX4299740212

6-12months

I have been trading for a while, and while making money, I also provided strategies for me. The service is good, which is great.

Translate to English

2024-09-06 11:19

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0

A0 Rock 

more than one year

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!

Translate to English

2024-08-05 14:21

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0

1