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MarceloD
Within 1 year

Is it possible to trade particular instruments such as Gold (XAU/USD) and Crude Oil on the HUNGSING platform?

Broker Issues
HUNGSING
Platform
Leverage
Account
Instruments
05-01
United States
WikiFX
Reply

After thoroughly reviewing what’s available about HUNGSING, I have to be quite cautious about making any assumptions regarding the availability of instruments like Gold (XAU/USD) or Crude Oil. In my own trading practice, transparency around tradable instruments is fundamental to building trust with a broker, and unfortunately, HUNGSING provides very limited detail in this regard. The information I found centers mostly on their broader services—such as debt financing, investment products, and asset management—rather than specifying the exact forex or commodity instruments offered. Additionally, the regulatory situation is concerning for me. HUNGSING’s futures trading license was revoked and its securities dealing license appears to be exceeded and no longer valid. For a trader, this raises immediate red flags about platform reliability, market access, and the protection of client interests. I didn’t see any reference to standard forex pairs or commodities like gold and oil being available, nor details about trading conditions such as spreads or fees. There’s also a lack of a demo account, which I consider essential for testing available markets. Given these uncertainties, along with existing user complaints and the firm’s current regulatory status, my personal approach would be to avoid trading with HUNGSING unless and until all products are clearly listed, and proper licensing is verifiably restored. If access to gold, oil, or other specific instruments is a priority, I would recommend seeking a broker with transparent, up-to-date licensing and a clearly published product list. This is important for account security and to ensure that one is truly able to access the desired instruments safely.

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