User Reviews
More
User comment
21
CommentsWrite a review
Score
South Africa
1-2 yearsRegulated in South Africa
Financial Service
MT5 Full License
Regional Brokers
Medium potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index3.51
Business Index4.51
Risk Management Index8.90
Software Index9.02
License Index3.51
Single Core
1G
40G
More
Company Name
SOOLIKE CAPITAL MARKETS
Company Abbreviation
SOOLIKE
Platform registered country and region
South Africa
Company website
X
85223194358
Company summary
Pyramid scheme complaint
Expose
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 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 | Cons |
Well regulated | |
275+ instruments | |
The spread starts at 0.0 pip | |
Support MT5 |
Regulated Region | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
FSCA | SOOLIKE CAPITAL MARKETS (PTY) LTD | Financial Service | 53244 | Regulated |
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 | ❌ |
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.
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.
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 | ❌ |
SOOLIKE supports payment methods such as VISA, BANK TRANSFER, Bitcoin, Perfect Money, wire transfer and mastercard.
Golds price (XAU/USD) is staying afloat above $2,700 despite an earlier decline to $2,689 during the Asian session, while traders are still concerned over President-elect Donald Trump, who will be swo
Golds price dropped late in the North American session, but it is set to finish the week with gains of over 0.40% as market players await the inauguration of US President-elect Donald Trump. Although
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
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
More
User comment
21
CommentsWrite a review