hysun Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
hysun Account Types Explained
Hysun offers a variety of account types tailored to meet the diverse needs of traders. Below is a comprehensive overview of the available account types, including their key features, minimum deposit requirements, 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
- 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: Low spreads starting from 0.1 pips + $3 commission per lot
- Leverage Options: Up to 1:200
- Key Features:
- Direct market access
- Faster execution speeds
- Ideal for scalpers and high-frequency traders
- Target User Profile: Advanced traders and scalpers
- Trading Instruments Available: Forex, cryptocurrencies, commodities
3. Pro Account
- Minimum Deposit Requirement: $1,000
- Spread/Commission Structure: Tight spreads from 0.0 pips + $5 commission per lot
- Leverage Options: Up to 1:100
- Key Features:
- Advanced trading tools
- Priority customer support
- Suitable for professional traders
- Target User Profile: Institutional and professional traders
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
4. Islamic Account
- Minimum Deposit Requirement: $500
- Spread/Commission Structure: Similar to Standard or ECN accounts, depending on choice
- Leverage Options: Up to 1:200
- Key Features:
- Swap-free trading
- Complies with Sharia law
- Target User Profile: Muslim traders seeking compliant trading options
- Trading Instruments Available: Forex, commodities
5. Demo Account
- Minimum Deposit Requirement: N/A (virtual funds)
- Spread/Commission Structure: Similar to Standard account
- Leverage Options: Up to 1:500
- Key Features:
- Practice trading with virtual funds
- Access to all trading instruments
- Ideal for testing strategies
- Target User Profile: Beginners and traders testing new strategies
- Trading Instruments Available: Forex, commodities, indices, cryptocurrencies
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: ECN Account
- Advanced Traders: Pro Account
- Muslim Traders: Islamic Account
- Strategy Testers: Demo Account
Detailed hysun Account Features
Comparison of Features Across Different Account Types
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit
User-friendly interface
Access to multiple trading instruments
ECN Account:
Low spreads and commissions
Direct market access
Fast execution speeds
Pro Account:
Tight spreads
Advanced trading tools
Priority customer support
Islamic Account:
Complies with Sharia law
No swap fees
Similar features to other accounts
Demo Account:
Risk-free trading
Practice with virtual funds
Access to all trading instruments
Disadvantages of Each Account Type
-
Standard Account:
Higher spreads compared to ECN
Limited advanced features
ECN Account:
Higher minimum deposit
Commission fees can add up
Pro Account:
High minimum deposit
Commission fees can be significant
Islamic Account:
Limited availability
Similar features to Standard or ECN accounts
Demo Account:
No real money trading
Limited duration for practice
hysun Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old
- Geographic Restrictions: Available in most countries, but specific restrictions may apply
- Prohibited Countries: Countries under international sanctions may be restricted
- Identity Verification Documents Needed:
- Government-issued ID (passport or national ID)
- Proof of residence (utility bill or bank statement)
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience
KYC/AML Compliance Procedures
- Hysun adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to verify the identity of clients and prevent fraud.
Verification Time Frames
- Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Step-by-Step hysun Account Opening Guide
Detailed Registration Process
- Visit the Website: Go to the official Hysun website.
- Click Registration: Locate and click on the registration button.
- 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: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds into your account to start trading.
- Start Trading: Access the trading platform and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, but the mobile interface may have fewer features or require additional steps for document uploads.
Common Registration Issues and Solutions
- Issue: Document upload failure
- Solution: Ensure documents are in the correct format and resolution.
- Issue: Verification delays
- Solution: Contact customer support for assistance.
Average Account Approval Time
- Generally, account approval takes between 1-3 business days, depending on the completeness of documentation.
How to Upgrade/Downgrade Account Types
- Account types can typically be changed by contacting customer support and providing the necessary documentation for the new account type.
hysun Demo Account Guide
Demo Account Features and Benefits
- Features: Access to all trading instruments, virtual funds for practice, and a risk-free environment.
- Benefits: Ideal for beginners to practice trading strategies without financial risk.
How to Open a Demo Account
- Visit the Hysun website, select the demo account option, and follow the registration steps similar to a live account.
Demo Account Limitations
- The demo account is funded with virtual money and may have a time limit for usage.
Virtual Balance Amount
- The virtual balance typically starts at $10,000, but this may vary.
Demo vs Live Account Differences
- The primary difference is that demo accounts use virtual funds, while live accounts involve real money trading.
Duration/Expiry of Demo Accounts
- Demo accounts usually expire after 30 days but can be extended upon request.
hysun Islamic Account Details
Swap-Free/Islamic Account Availability
- Hysun offers Islamic accounts that comply with Sharia law, providing swap-free trading options.
Eligibility Requirements
- Traders must declare their intention to open an Islamic account and provide necessary documentation.
Differences from Standard Accounts
- Islamic accounts do not incur swap fees, making them suitable for Muslim traders.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process and provide the required documentation.
Restrictions or Special Conditions
- Islamic accounts may have specific trading conditions, such as limited trading instruments or higher spreads.
FAQs – hysun Account Types & Opening
- What account types does hysun offer?
- Hysun 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 hysun account verification take?
- Account verification typically takes 1-3 business days.
- Does hysun offer demo accounts?
- Yes, Hysun provides demo accounts for practice trading.
- Can I have multiple account types with hysun?
- Yes, traders can open multiple account types.
- Does hysun offer Islamic/swap-free accounts?
- Yes, Hysun offers Islamic accounts that comply with Sharia law.
- What documents do I need to open a hysun account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, account types can be changed by contacting customer support.
Hysun accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .