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.
^_^71648
Hong Kong
#soolike is a black platform, if you haven't been deceived yet, quickly try to withdraw funds. The backend can delete trading records, and now the official website does not allow login, the account passwords have been changed.
Exposure
^_^71648
Hong Kong
Do not use this platform. They can delete transaction records behind the scenes to trigger margin calls, and then freeze your account so you can't log in.
Exposure
FX2729572479
Hong Kong
The withdrawal was requested the day before, and the next day a fake order was opened directly to liquidate your position. I have been monitoring the account throughout the process. The withdrawal has not been credited to the account up to now.
Exposure
FX2729572479
Hong Kong
Absolutely terrible. Customer service never responds. Withdrawals through brokers are constantly delayed. My account has been frozen for trading. I submitted a withdrawal request, but it remains unprocessed. Then, on the third day, they automatically added fake orders, causing my account to blow up. Stay away from this scam platform.
Exposure
FX2729572479
Hong Kong
Watched the entire process, automatically generated several high-loss orders for me, clearing the account to zero.
Exposure
^_^71648
Hong Kong
I got scammed, so why did my account get liquidated?
Exposure
FX2527632146
Japan
When it came to withdrawing, they used all sorts of excuses to restrict or delay payments. I currently have $6,000 in my account. When I submitted a withdrawal request, they claimed it was suspected of money laundering and said it would take 60 days to process the return. They are stalling the withdrawal. I have no choice but to expose this. I urge anyone considering joining to think carefully! I still have a balance of $6,020. I only demand the immediate return of my principal $6,000.
Exposure
赵元一
Hong Kong
They came up with a random "error" as their excuse, despite my account and name being verified correctly. It's clear this platform is dishonest and should be avoided.
Exposure
赵元一
Hong Kong
Refusing to withdraw funds under various pretexts, it seems to be a scam platform.
Exposure
赵元一
Hong Kong
The online customer service is ignoring me. When I brought this to the sales representative, they assured that there's definitely no problem with the funds and tried to appease me with such words. They also encouraged me to deposit again saying there are gifts, and that I can withdraw after receiving the gifts, which I firmly refused. If I deposit again, the losses would be even greater. I advice those who want to trade on foreign platforms to use larger and regulated ones, not such blacklisted platforms that won't let you withdraw.
Exposure
赵元一
Hong Kong
The black platform promised withdrawal on the 9th, but today is the 28th, and they just made up some excuse to brush it off.
Exposure
赵元一
Hong Kong
The withdrawal requested on the 9th hasn't arrived by the 22nd, so I filed a complaint with the platform. On the afternoon of the 22nd, a staff member said they would process the withdrawal if I withdrew the complaint, and even promised to compensate me threefold if there were any issues. Now it's the 27th—does this count as a problem?
Exposure
赵元一
Hong Kong
At noon on the 22nd, I filed a complaint on Forex Eye. The customer service, who had been ignoring me, contacted me after 5 PM, saying that if I withdrew the complaint, the funds would arrive on the 23rd. They also claimed that withdrawals are just slow and asked me to wait two more days. When I asked why the funds hadn’t arrived, they shifted all the blame onto me, accusing me of maliciously filing the complaint. From the 9th to the 22nd, they refused to process the withdrawal, yet promised it would arrive the next day if I withdrew the complaint. Do you think this platform is legitimate? Can it be trusted? Everyone, be careful not to fall for this scam.
Exposure
赵元一
Hong Kong
This platform is no good, it doesn't allow withdrawals.
Exposure
jcw小蒋
Hong Kong
Dear SK Platform Management Team, Hello everyone, according to feedback from the account manager, commissions can be withdrawn after one full month of cooperation. Since opening my account, I have directly bound it to your company's EA and have never taken any private trades. Throughout this period, I observed strong profitability, with precise position adjustments each time. My account achieved a full portfolio turnover in just over a month, and during this time, I also referred several friends who opened accounts, deposited funds, and connected to your company's EA. However, this positive trend was short-lived. On September 4th, issues arose during a position adjustment. I noticed the adjustment was initiated too early and immediately reported this to your business team, who advised me to wait patiently as the adjustment was in progress. Unfortunately, after the orders were executed, prices continued to drop by another $25. Due to insufficient margin, the maximum floating loss exceeded 70%, leading to partial forced liquidations and a same-day drawdown of over 50%. The clients I referred also suffered significant losses that day and subsequently withdrew their funds. I have repeatedly consulted the account manager about the issue of commissions not being credited, and the response has always been 'following up,' dragging on for over a week. It was initially agreed that the funds would be returned to the account by September 24. However, as of today, September 25, I was informed that the company would not approve it. Considering how unreliable this situation is, I submitted a withdrawal request, only to be told that my account was flagged for scalping. Upon further inquiry, I learned that my account had already been warned for scalping previously—something I find utterly baffling. My account has always been managed by your company, and I only stopped following it on September 11. By September 24, I had only executed a few trades, some of which were even held overnight. Where exactly is the scalping? Moreover, I was never notified or informed that my account had any irregularities, which reflects serious negligence. I sincerely request your company to investigate the cause and facts thoroughly and allow for a normal withdrawal.
Exposure
天地不仁
Hong Kong
It's too difficult. On September 9th, my account was maliciously traded with large lot sizes and high frequency, causing almost all of my principal to be lost. The platform refuses to acknowledge it, and now I can't even withdraw the remaining funds. The group chat was also disbanded, leaving me with no one to communicate with. That account manager named Yang Yi has a terrible attitude. In early July, he called saying there was a 15% deposit bonus and even a free phone, but only after completing 45 lots of trading volume could I withdraw. After meeting all the conditions, I was looking forward to receiving the bonus and withdrawing my funds. Little did I know, the platform secretly opened positions in the background, directly causing my account to lose money. When I tried to communicate with him, he showed a completely different face—denying everything and even accusing me of complaining to prevent withdrawals. He demanded I withdraw my complaint. This kind of platform is still out there scamming people. Even if it costs me 10 times the money, I will expose this platform. Let more people know how irresponsible Soolike is.
Exposure
天地不仁
Hong Kong
Around 10:30 PM on September 9, 2025, I couldn't log into MT5 for about 10 minutes. When I finally logged in, I found several large trades had been executed in my account, and almost all my principal was lost. The platform placed trades in the background, causing massive losses to my capital. Now, in the DingTalk group, several staff members are ignoring me. This is just a scam platform—directly wiping out clients' money.
Exposure
FX3198736727
Hong Kong
Scammers refuse to process withdrawals, play dirty tricks, manipulate emotions, and not only withhold my money but also force me to write a pledge letter. They email me accusing me of extorting them and maliciously attacking them—utterly shameless.
Exposure
FX3198736727
Hong Kong
Profits are not withdrawn, not even the principal is returned. Using EA, bonuses, and gifts to lure clients into depositing funds, then finding various excuses to refuse withdrawals when clients request them. Even when the bonus trading volume is met, it's still not given, and later directly deducted. Clients are blacklisted by their account managers, and the company's customer service creates all sorts of difficulties, not responding for over a week. On the 28th of last month, they replied once and then went missing again. No withdrawals are allowed.
Exposure
杨善凯-679
Hong Kong
You can only deposit but not withdraw funds. There are all kinds of excuses for withdrawals, and the backend does not address the issues.
Exposure
杨善凯-679
Hong Kong
The slippage is severe, and withdrawals are rejected for various reasons.
Exposure
杨善凯-679
Hong Kong
Account not withdrawing funds, account can no longer be accessed
Exposure
FX2611891144
Hong Kong
Soolike platform agent (Xu Heng) (Xiao Huang) induced me to open an account on this platform by offering promotional bonuses and deposit incentives around the end of 2024. Throughout 2025, I repeatedly requested withdrawals, only to be denied under various pretexts. Finally, on December 6, 2025, they deleted my backend account and removed all contact information.
Exposure