FxGecko's top 100 forex brokers you can refer to for selection. If it is not in the top 100, you should pay special attention to the broker's main white label relationships and risk tips.

Today, I want to help you evaluate a Forex broker. Recently some investors have asked if this forex broker is legitimate and reliable.

The name of this broker is SOOLIKE, the company is Soolike Capital Markets（Pty）Ltd, founded in 2023.

According to information provided on SOOLIKE's website, SOOLIKE claims that Soolike Capital Markets (Pty) Ltd is currently regulated by the Financial Services Authority (FSCA) of South Africa and FINANCIAL SERVICES AUTHORITY (FSA) of St. Vincent and the Grenadines.

However, our verification shows that the company with FSP No 53244 is FXON (PTY) LTD and Soolike Capital Markets (Pty) Ltd is suspected to be a clone firm.

And St. Vincent and the Grenadines FSA does not regulate forex trading or brokerage related activities.

In other words, Soolike Capital Markets (Pty) Ltd has not been found to have a valid forex trading or brokerage license, which means that its clients' funds are not secure.

Investors should be wary of the risk information associated with forex broker SOOLIKE.

Investing is risky. FxGecko recommends you to check broker information on FxGecko before investing and avoid high risk trading platforms.