Glory Sun broker Accounts

glory sun Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

glory sun Account Types Explained

Glory Sun offers a variety of account types tailored to meet the needs of different traders, from beginners to experienced professionals. Below is a detailed overview of each account type available.

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.5 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: User-friendly interface, suitable for beginners.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Tight spreads starting from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, faster execution speeds.
• Target User Profile: Intermediate to advanced traders.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies, stocks.

4. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard Account but swap-free.
• Leverage Options: Up to 1:500.
• Key Features: Compliance with Sharia law, no interest on overnight positions.
• Target User Profile: Muslim traders.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: Virtual balance (typically $10,000).
• Spread/Commission Structure: Same as Standard Account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free environment to practice trading.
• Target User Profile: Beginners and those testing strategies.
• Trading Instruments Available: Forex, commodities, indices.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account.
• Intermediate Traders: ECN Account.
• Advanced Traders: Pro Account.
• Muslim Traders: Islamic Account.

Detailed glory sun Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual balance

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.5 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: From 1.5 pips

• Demo: Same as Standard

• Commission Fees:

• Standard: None

• ECN: $5/lot

• Pro: $3/lot

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability: Yes for Islamic Account only.

• Swap-free Options: Available for Islamic Account.

• Demo Account Features: Virtual trading environment with no risk.

Advantages of Each Account Type

• Standard Account:

• Easy to use for beginners.

• No commission fees.

• High leverage options.

• ECN Account:

• Tight spreads and low commissions.

• Fast execution speeds.

• Suitable for scalping strategies.

• Pro Account:

• Advanced trading features.

• Lower commissions for high-volume traders.

• Priority support.

• Islamic Account:

• Complies with Sharia law.

• No interest charges.

• Demo Account:

• Risk-free trading environment.

• Practice strategies without financial commitment.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Requires higher minimum deposit.

• Commission fees can add up.

• Pro Account:

• Higher minimum deposit requirement.

• More complex for beginners.

• Islamic Account:

• Limited to specific trading conditions.

• May not be suitable for all traders.

• Demo Account:

• Limited duration.

• No real profit or loss experience.

glory sun Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries; check specific restrictions.
• Prohibited Countries: Countries under sanctions or restrictions by regulatory bodies.

Identity Verification Documents Needed

• Proof of Identity: Government-issued ID (passport, national ID).
• Proof of Residence: Utility bill, bank statement, or lease agreement.

Additional Documentation for Professional Accounts

• Proof of trading experience or qualifications may be required for Pro and ECN accounts.

KYC/AML Compliance Procedures

• All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Verification Time Frames

• Typically, account verification takes 1-3 business days.

Step-by-Step glory sun Account Opening Guide

Detailed Registration Process

1. Visit Website: Go to the Glory Sun official website.
2. Click Registration: Locate and click on the "Open Account" button.
3. Personal Information Entry: Fill in personal details such as name, email, and phone number.
4. Choose Account Type: Select the desired account type from the options available.
5. Set Trading Preferences: Specify trading preferences and leverage options.
6. Document Upload: Upload required identity verification documents.
7. Account Verification: Wait for the verification process to complete.
8. Fund Your Account: Deposit funds into your trading account to start trading.
9. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile; however, mobile users may need to download the trading app for account management.

Common Registration Issues and Solutions

• Issue: Document upload failure.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Account approval typically takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

glory sun Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment for practicing trading strategies.
• Access to the same trading platforms and tools as live accounts.

How to Open a Demo Account

• Follow the same registration process as a live account but select "Demo Account" during the account type selection.

Demo Account Limitations

• Limited duration (usually 30-90 days).
• Virtual funds only; no real trading profits.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

• Demo accounts do not involve real money; live accounts require actual funds.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30-90 days of inactivity.

glory sun Islamic Account Details

Swap-free/Islamic Account Availability

• Yes, Glory Sun offers an Islamic account option.

Eligibility Requirements

• Must comply with Sharia law.

Differences from Standard Accounts

• No interest on overnight positions; otherwise, features are similar to the Standard Account.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must adhere to Islamic trading principles; no swap fees.

FAQs – glory sun Account Types & Opening

1. What account types does glory sun offer？

• Glory Sun offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: Virtual balance.

1. How long does glory sun account verification take？

• Verification typically takes 1-3 business days.

1. Does glory sun offer demo accounts？

• Yes, Glory Sun provides demo accounts for practice trading.

1. Can I have multiple account types with glory sun？

• Yes, clients can open multiple account types.

1. Does glory sun offer Islamic/swap-free accounts？

• Yes, Glory Sun offers Islamic accounts that are swap-free.

1. What documents do I need to open a glory sun account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.