SOOLIKE Spreads, leverage, minimum deposit Revealed

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

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.

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.

Deposit and Withdrawal

　　SOOLIKE supports payment methods such as VISA, BANK TRANSFER, Bitcoin, Perfect Money, wire transfer and mastercard.