SunLong

SunLong, operating under the Chinese name 旭隆金业 (Sunlong Gold Industry), is a precious metals brokerage firm registered in Hong Kong. The company was established on July 5, 2018, according to our records, although its website claims a founding in 2014. The broker’s official domain is slgold88.com, and it presents itself as a member of the Hong Kong Gold and Silver Exchange Society (HKGX) with an approved electronic trading license. The firm primarily targets retail and experienced investors interested in leveraged trading of gold and silver.

SunLong holds regulatory status with HKGX for precious metals trading (AGN). HKGX, the Hong Kong Gold and Silver Exchange Society, is a self-regulatory organization for precious metals dealers in Hong Kong. While HKGX provides a framework for oversight, it is not a top-tier financial regulator like the Hong Kong Securities and Futures Commission (SFC). Our recorded risk score for SunLong is 43 out of 100, rated as 'Guarded,' reflecting that while there is some regulation, the level of investor protection may be lower than what is expected from strict financial authorities. Traders should exercise due diligence when considering this broker.

SunLong specializes in spot precious metals trading, offering London Gold and London Silver contracts. These products are traded with leverage, allowing traders to open positions with a fraction of the full contract value. The broker supports the MetaTrader 4 (MT4) platform, a widely used trading application known for its advanced charting tools, technical indicators, and automated trading capabilities. MT4 is available for desktop and mobile devices, enabling traders to access the markets conveniently.

Based on the information available on SunLong’s website and public announcements, the broker offers a straightforward account structure primarily focused on gold and silver CFDs. Trading conditions include dynamic spreads that vary with market liquidity, as announced in 2026. Margin requirements have been adjusted several times to reflect volatility: as of early 2026, standard margins were $1,500 for gold and $3,000 for silver, with higher margins applied over weekends and holidays. The broker’s risk disclosure confirms that force majeure events and market gaps can lead to losses exceeding deposited funds, highlighting the high-risk nature of leveraged trading.

SunLong accepts deposits and processes withdrawals via bank transfers and potentially other methods listed on its client portal. The withdrawal process requires identity and bank verification before approval. According to the broker’s published procedures, withdrawals are processed on business days between 09:30 and 16:30 Hong Kong time, with larger amounts requiring earlier submission. The company notes that withdrawals exceeding $50,000 must be submitted before 16:00. Fees may apply depending on the withdrawal amount and currency, including a 6% fee on deposits that have not been traded, in line with anti-money laundering regulations.

SunLong states on its website that as a registered trading merchant, it must adhere to financial reporting requirements and protect client interests. However, specific details regarding the segregation of client funds are not prominently disclosed. The broker has implemented dynamic margin adjustments and widened spreads during volatile periods as part of its risk management strategy. Clients are subject to a 100% margin close-out level, meaning positions are automatically liquidated if equity falls below margin requirements. These measures are designed to manage the broker’s exposure but may lead to unexpected liquidations for traders.

SunLong is aimed at traders who wish to speculate on the price movements of gold and silver using leverage. The MT4 platform and the broker’s focus on precious metals attract both experienced traders and those looking to diversify into commodity CFDs. However, due to the dynamic spread structure and relatively high margin requirements during volatile periods, this broker may be less suitable for beginners or traders with low risk tolerance. The company explicitly excludes users from certain sanctioned countries and the United States, so eligibility should be confirmed before opening an account.