Rating Index

Pros

Regulated by the Hong Kong Gold Exchange, providing a level of oversight.

Supports the use of the MT4 trading platform, which is popular among traders.

Offers demo accounts for practice, allowing new traders to familiarize themselves with the platform.

Cons

Lack of transparency regarding account types and trading conditions.

Limited range of trading products, focusing mainly on precious metals.

Numerous complaints regarding customer service and issues such as slippage and fund withdrawal problems.

SunLong broker Accounts

Sunlong Account Type

Sunlong offers two types of accounts: Demo Accounts and Real Accounts. The demo accounts allow traders to practice trading strategies without risking real money, making it ideal for beginners. The minimum deposit required to open a real account is $100. It focuses primarily on trading precious metals, and currently does not support trading in forex, commodities, indices, stocks, cryptocurrencies, bonds, options, or ETFs. The trading platform used is MT4, which is suitable for beginners.

Sunlong Broker Account Opening Process

To open an account with Sunlong, follow these steps:

Visit the Website: Go to Sunlong's official website.
Select Account Type: Choose between a demo account or a real account.
Fill Out Registration Form: Provide personal information such as your name, email address, and contact number.
Submit Required Documents: You may need to submit identification documents for verification.
Fund Your Account: Deposit funds into your account using available methods such as bank transfers or online payment options. The minimum deposit for a real account is $100.
Start Trading: Once your account is funded, you can begin trading on the MT4 platform.

For customer support, you can reach them at info@slgold88.com or contact them via phone at 852-39779288.

Note: Sunlong is regulated by the Chinese Gold & Silver Exchange Society (CGSE) under a Type AA license, which adds a layer of credibility to their operations.