Sentry broker Accounts

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

Part 1: Sentry Account Types Overview

Sentry Account Types Explained

Sentry offers a variety of account types tailored to different trading needs and preferences. Below are the available account types:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Access to all trading instruments, educational resources, and customer support.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

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

1. 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 1:100.
• Key Features: Advanced trading tools, priority customer support, and exclusive market insights.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to the Standard Account, but without swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Compliant with Sharia law, no swap fees.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as the Standard Account.
• Leverage Options: Same as the Standard Account.
• Key Features: Risk-free trading environment, access to all trading instruments.
• Target User Profile: Beginners looking to practice trading 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

Part 2: Sentry Account Features Comparison

Detailed Sentry Account Features

When comparing Sentry account types, several features are essential to consider:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.1 pips

• Pro: From 0.5 pips

• Islamic: From 1.0 pips

• Commission Fees:

• Standard: None

• ECN: $5 per lot

• Pro: $3 per lot

• Islamic: None

• Lot Size:

• Standard: Micro and Mini

• ECN: Micro, Mini, and Standard

• Pro: Standard

• Islamic: Micro and Mini

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic Account Availability:

• Yes, available for Standard and Islamic accounts.

• Swap-Free Options:

• Available for Islamic accounts.

• Demo Account Features:

• Access to all trading instruments, risk-free environment.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit

• No commission fees

• Suitable for beginners

• ECN Account:

• Tight spreads

• Fast execution

• Ideal for scalping

• Pro Account:

• Advanced trading tools

• Lower commission fees

• Priority support

• Islamic Account:

• Sharia-compliant

• No swap fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free trading

• Practice strategies

• Access to all features

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN

• Limited advanced features

• ECN Account:

• Higher minimum deposit

• Commission fees apply

• Pro Account:

• High minimum deposit

• Not suitable for casual traders

• Islamic Account:

• Limited to specific trading conditions

• May not have all features of other accounts

• Demo Account:

• Virtual funds only

• Limited time access

Part 3: Sentry Account Opening Requirements

Sentry 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 sanctions or restrictions by financial authorities.
• Identity Verification Documents Needed:
• Government-issued ID (passport, drivers license)
• Proof of address (utility bill, bank statement)
• Proof of Residence Requirements: Recent documents showing the applicant's name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

• All applicants must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which include identity verification and source of funds.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Part 4: Sentry Account Opening Process

Step-by-Step Sentry Account Opening Guide

1. Visit Website and Click Registration: Go to the Sentry website and click on the 'Register' button.
2. Personal Information Entry: Fill in required personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the account to be verified by Sentry's compliance team.
7. Fund Your Account: Once verified, deposit funds into your account using available payment methods.
8. Start Trading: Access your trading platform and begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but mobile may have additional prompts for app permissions.

Common Registration Issues and Solutions

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

Average Account Approval Time

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

How to Upgrade/Downgrade Account Types

• Log into your account and navigate to the account settings to request an upgrade or downgrade.

Part 5: Sentry Demo Account Information

Sentry Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading.
• Access to all trading instruments and features available in live accounts.

How to Open a Demo Account

• Visit the Sentry website, select 'Open Demo Account,' and follow the registration process.

Demo Account Limitations

• Limited to virtual funds and may have a time limit for usage.

Virtual Balance Amount

• Typically set at $10,000 in virtual funds.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days, but this may vary based on the broker's policies.

Part 6: Sentry Islamic Account Details

Sentry Islamic Account Details

Swap-Free/Islamic Account Availability

• Sentry offers Islamic accounts that comply with Sharia law, which means no swap fees are charged.

Eligibility Requirements

• Must be a Muslim trader seeking a Sharia-compliant trading option.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees and may have different trading conditions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• Must adhere to Islamic trading principles, including no interest-based transactions.

FAQs – Sentry Account Types & Opening

1. What account types does Sentry offer？

• Sentry 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 funds.

1. How long does Sentry account verification take？

• Verification typically takes 1-3 business days.

1. Does Sentry offer demo accounts？

• Yes, Sentry offers a demo account with virtual funds.

1. Can I have multiple account types with Sentry？

• Yes, you can open multiple account types.

1. Does Sentry offer Islamic/swap-free accounts？

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

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

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

1. Can I change my account type after registration？

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