SunLong Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-11 17:50

Abstract：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 Review Summary
Founded	2018
Registered Country/Region	China Hong Kong
Regulation	CGSE
Market Instruments	Precious Metals
Demo Account	✅
Leverage	/
Trading Platform	MT4
Min Deposit	$100
Customer Support	Opening 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.

Pros and Cons

Pros	Cons
Demo accounts	Metals trading only
Fast account opening	Chinese language threshold
MT4 support	Limited payment options

Is SunLong Legit?

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

	The Chinese Gold & Silver Exchange Society (CGSE)
Current Status	Regulated
Regulated by	China Hong Kong
Regulated Entity	旭隆金業（香港）有限公司
License Type	Type AA License
License No.	157

What Can I Trade on SunLong?

Tradable Instruments	Supported
Precious Metals	✔
Forex	❌
Commodities	❌
Indices	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　SunLong offers demo accounts and real accounts.

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 Platform	Supported	Available Devices	Suitable for
MT4	✔	iOS, Android, PC	Beginners
MT5	❌	/	Experienced traders

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.

　　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.