Score

6.22 /10
Average

SunLong

Hong Kong

5-10 years

Regulated in Hong Kong

Type AA License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 10

Exposure

Open Account
Website

Score

Regulatory Index7.15

Business Index7.41

Risk Management Index0.00

Software Index6.43

License Index7.15

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

旭隆金业(香港)有限公司

Company Abbreviation

SunLong

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-12-23
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

The agent made position liquidated by operating adversely.

The fraud Dong, who made my position liquidated within days, is so heinous.

2020-05-27 20:46
Scam

Xulong gold industry teacher induction operation, serious loss, no complaints to the platform

I was received an email on QQ mail July 18 years, open on see is gold exchange file, see a lot of gold inside profit figure, out of curiosity added QQ2477974069 inside (net: gold capital), after contact, the capital said his side guide operating gold income is good, and let me contact assistant to add his QQ number (1695345392) to open into the gold and keep up with his actions, xulong (https://client.slgold88.com/register?R =2067) this platform operated spot gold, and asked me to add any operational problems of teacher WeChat qmhc888666 to directly send me the entry point of gold in the evening. At the beginning, there was a small profit, but after that day, all the losses in the following days, later I deleted all the contact information of gold capital.To open an account of the time I can't work also are all remote assistant help me with including input password, later to make up for my loss, can be returned to the operating point of difference to me, I'm xu long open the account in the platform, operation process, xu long this platform has serious slippage phenomenon appears, and platform and gold assistant many times feedback, after platform give me feedback is xu long without slippage phenomenon occurred, then let me register account return commission to me, afterwards, I continuously in the process of operating losses, and all losses within one month after the 1.43 million yuan.After that, I found the supervision of trading license on the forex eye, but I complained to the platform without any reply from anyone.

2018-12-05 18:27
Resolved

Deposit

The funding hasn’t been processed into the account.The customer service deleted the record.

2019-11-15 11:16
Scam

SunLong's teacher induction operation, serious loss

teacher induction operation, serious loss received an email on QQ mail on July 18 years , open on see is gold exchange file, see a lot of gold inside profit figure, out of curiosity added QQ2477974069 inside (net: gold capital), after contact, the capital said his side guide operating gold income is good, and let me contact assistant to add his QQ number (1695345392) to open into the gold and keep up with his actions,Sunlong (https://client.slgold88.com/register?R =2067) this platform operated spot gold, and asked me to add any operational problems of teacher WeChat qmhc888666 to directly send me the entry point of gold in the evening. At the beginning, there was a small profit, but after that day, all the losses in the following days, later I deleted all the contact information of gold capital.To open an account of the time I can't work also are all remote assistant help me with including input password, later to make up for my loss, can be returned to the operating spread to me, I'm xu long open the account in the platform, operation process, xu long this platform has serious slippage phenomenon appears, and platform and gold assistant many times feedback, after platform give me feedback is Sunlong without slippage phenomenon occurred, then let me register account return commission to me, afterwards, I continuously in the process of operating losses, and all losses within one month after the 1.43 million yuan.After that, I found the supervision of trading license on the WIKIFX, but I complained to the platform without any reply from anyone.

2018-12-08 18:59
Scam

Li and Xu Long inveigled clients to deposit fund and make clients’ accounts liquidated within the day.

Li, together with SunLong ,nveigled clients to deposit fund and make clients’ accounts liquidated within the day.

2020-03-29 00:59
Scam

Lowdown on scam SunLong !

On November 5, someone added Mr.Yu through Wechat. At first he thought it was one of his friends and passed the request. He learned through chat that this netizen is doing financial investment. Recently, she invested in SunLong and earned more than 300,000 RMB a month. She said it is a good way to make money and wanted to invite Yu to participate.At first Yu didn't believe it and paid no attention to her. Later in a long time, this netizen kept sending posts of traveling, food, etc., in Wechat moments. She told Yu that the reason for her traveling everywhere is the money she earned through investment, Occasionally, she would also send he some screenshots of making money. She has a tongue in her head. They became friends unconsciously then. Later, she invited Yu to join in the investment of Xintouzaixian. He agreed and invested at the very day. She then invited he to a group, where there is an investment advisor who teaches everyone how to operate. Many people in the group said they are making money.This netizen helped Yu to follow the instructions of the advisor. As a result, he earned a few at first. The advisor said that everyone’s funds for the operation are not up to the requirements. He wanted to help everyone earn 400,000 RMB a month, which requires at least 300,000 RMB deposit for each person. And it is expected to double in one month. Many people in the group believe in the advisor and added the fund.Seeing so many members joining, Yu also followed.Unexpectedly,there was a forced liquidation because of teacher’s order recommendation.Yu has made all losses within these days.The the netizen comforted him,saying that the gains and losses were common in the market.Yu was moved and added fund to recover losses.He lost all his hard-earned money of several hundred thousand yuan again,which made him despaired. Exposure platform: SunLong Teacher: Ya Nan, Wang Xu, Hong Yi and Jin Long Assistant: Qiao Er Product:HK Share, London XAU/USD and XAG/USD Method: Through group, live-broadcasting room and one-to-one instruction

2019-12-15 21:51
    SunLong · Company summary
    SunLong Review Summary
    Founded2018
    Registered Country/RegionChina Hong Kong
    RegulationCGSE
    Market InstrumentsPrecious Metals
    Demo Account
    Leverage/
    Trading PlatformMT4
    Min Deposit$100
    Customer SupportOpening hours: Monday to Friday 09:30-18:00 (except public holidays)
    Tel: 852-39779288
    Email: info@slgold88.com
    Fax: 852 - 39779299
    Company address: Office A, 17/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Hong Kong

    SunLong is an investing company founded in 2018 and registered in China Hong Kong, focusing on precious metals spot trades. It is regulated by the Chinese Gold & Silver Exchange Society (CGSE). Besides, demo accounts are available on the MT4 lplatform and the minimum deposit requirement to open a live account is $100.

    SunLong's homepage

    Pros and Cons

    ProsCons
    Demo accountsMetals trading only
    Fast account openingChinese language threshold
    MT4 supportLimited payment options

    Is SunLong Legit?

    Yes, SunLong is regulated by the Chinese Gold & Silver Exchange Society (CGSE).

    CGSE
    The Chinese Gold & Silver Exchange Society (CGSE)
    Current StatusRegulated
    Regulated byChina Hong Kong
    Regulated Entity旭隆金業(香港)有限公司
    License TypeType AA License
    License No.157
    Regulated by CGSE
    Domain information

    What Can I Trade on SunLong?

    Tradable InstrumentsSupported
    Precious Metals
    Forex
    Commodities
    Indices
    Stocks
    Cryptocurrencies
    Bonds
    Options
    ETFs
    Product details

    Account Type

    SunLong offers demo accounts and real accounts.

    How to open a demo account?

    SunLong Fees

    Transaction Execution Fee: Waived;

    Transportation Fee: Waived;

    Warehousing and storage fee: HK$40 per ounce per month, less than one month will be counted as one month and paid at the time of actual settlement.

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    MT4iOS, Android, PCBeginners
    MT5/Experienced traders
    MT4

    Deposit and Withdrawal

    Bank counters (cash or cheque)/ATMs/online or telephone bank transfers

    Clients can deposit Hong Kong Dollars or US Dollars (cash or cheque) into the following bank account of “Siloon Bullion Hong Kong Limited”.

    Bank wire transfer

    In addition to the handling fee of the remitting bank, the intermediary bank will deduct a certain amount of the handling fee.

    Deposit and Withdrawal

    Online Deposit

    SunLong provides online deposit services. Investors only need to have the UnionPay logo on the bank card and open the online banking payment and other functions, then can pay a fast deposit.

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