daisun Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
daisun Account Types Explained
Daisun offers a variety of account types to cater to different trading needs. Below is a comprehensive overview of the available account types, their features, and target user profiles.
1. Standard Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Variable spreads starting from 1.5 pips
- Leverage Options: Up to 1:500
- Key Features: Access to a wide range of trading instruments, including forex, commodities, and indices.
- Target User Profile: Beginner to intermediate traders.
- Trading Instruments Available: Forex pairs, commodities, indices.
2. ECN Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Raw spreads starting from 0.1 pips + $3 commission per lot
- Leverage Options: Up to 1:100
- Key Features: Direct market access, faster execution speeds, and lower spreads.
- Target User Profile: Advanced traders and scalpers.
- Trading Instruments Available: Forex pairs, commodities, cryptocurrencies.
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Competitive spreads with lower commission fees.
- Leverage Options: Up to 1:200
- Key Features: Enhanced trading conditions, priority customer support.
- Target User Profile: Professional traders and institutional clients.
- Trading Instruments Available: Forex pairs, commodities, indices, and stocks.
4. Islamic Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free.
- Leverage Options: Up to 1:500
- Key Features: Compliance with Sharia law, no swap fees.
- Target User Profile: Muslim traders seeking compliance with Islamic finance principles.
- Trading Instruments Available: Forex pairs, commodities.
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Same as Standard account.
- Leverage Options: Up to 1:500
- Key Features: Practice trading without risk, access to all trading instruments.
- Target User Profile: Beginners and traders wanting to test strategies.
- Trading Instruments Available: All available instruments.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: Standard or Demo Account
- Advanced Traders: ECN Account
- Professional Traders: Pro Account
- Muslim Traders: Islamic Account
Detailed daisun Account Features
Account Features Comparison
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit.
User-friendly for beginners.
Access to a variety of instruments.
ECN Account:
Tight spreads and low commissions.
Ideal for high-frequency trading.
Direct market access.
Pro Account:
Enhanced trading conditions.
Priority support.
Suitable for institutional trading.
Islamic Account:
Compliance with Islamic finance principles.
No swap fees.
Demo Account:
Risk-free trading environment.
Ideal for practice and strategy testing.
Access to all trading instruments.
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN accounts.
Limited advanced features.
ECN Account:
Higher minimum deposit requirement.
Commission fees may add up.
Pro Account:
High minimum deposit.
More suited for experienced traders.
Islamic Account:
Limited to specific trading conditions.
May not have all features of standard accounts.
Demo Account:
Virtual funds may not reflect real trading conditions.
Limited duration for practice.
daisun Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available to residents of most countries, but specific restrictions may apply.
- Prohibited Countries: Countries under international sanctions may be restricted.
- Identity Verification Documents Needed: Valid government-issued ID (passport or driver's license).
- Proof of Residence Requirements: Recent utility bill or bank statement showing your name and address.
- Additional Documentation for Professional Accounts: Proof of trading experience or financial statements may be required.
KYC/AML Compliance Procedures
- Daisun adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and source of funds.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Step-by-Step daisun Account Opening Guide
Registration Process
- Visit Website and Click Registration: Go to the daisun website and select the registration option.
- Personal Information Entry: Fill in your personal details, including name, email, and phone number.
- Choose Account Type: Select the account type that best suits your trading needs.
- Set Trading Preferences: Indicate your trading preferences, such as leverage and preferred trading instruments.
- Document Upload: Upload the required identity verification and proof of residence documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit the minimum required amount to activate your trading account.
- Start Trading: Once your account is funded and verified, you can begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, but mobile users may have a more streamlined experience with fewer steps.
Common Registration Issues and Solutions
- Issue: Document upload failure.
- Solution: Ensure documents are clear and in the correct format (JPEG, PNG, PDF).
- Issue: Verification delays.
- Solution: Contact customer support for assistance.
Average Account Approval Time
- The average account approval time is between 1-3 business days, depending on the verification process.
How to Upgrade/Downgrade Account Types
- Users can request to upgrade or downgrade their account type through the daisun customer support portal.
daisun Demo Account Guide
Demo Account Features and Benefits
- The demo account allows traders to practice trading strategies without financial risk using virtual funds.
How to Open a Demo Account
- Visit the daisun website and select the demo account option. Fill in the required information and start trading with virtual funds.
Demo Account Limitations
- The demo account may have a limited duration or virtual balance, depending on the broker's policies.
Virtual Balance Amount
- Typically, demo accounts are funded with a virtual balance of $10,000 or more.
Demo vs Live Account Differences
- The demo account uses virtual funds and may not reflect real market conditions, while live accounts involve actual funds and real market dynamics.
Duration/Expiry of Demo Accounts
- Demo accounts may expire after a certain period, usually 30 days, unless extended by the broker.
daisun Islamic Account Details
Swap-Free/Islamic Account Availability
- Daisun offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.
Eligibility Requirements
- Traders must declare their intention to open an Islamic account and provide necessary documentation.
Differences from Standard Accounts
- Islamic accounts have no swap fees but may have similar spreads and commissions as standard accounts.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process and provide any required documentation.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions, such as limitations on certain instruments.
FAQs – daisun Account Types & Opening
- What account types does daisun offer?
- Daisun offers Standard, ECN, Pro, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.
- How long does daisun account verification take?
- Verification typically takes 1-3 business days.
- Does daisun offer demo accounts?
- Yes, daisun provides demo accounts for practice trading.
- Can I have multiple account types with daisun?
- Yes, traders can have multiple account types.
- Does daisun offer Islamic/swap-free accounts?
- Yes, daisun offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a daisun account?
- A valid government-issued ID and proof of residence.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type through customer support.
Daisan accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .