SHARP LINK broker Accounts

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

sharp link Account Types Explained

Sharp Link offers several account types tailored to different trading needs and expertise levels. Below is a comprehensive overview of each account type, including their features, requirements, and target user profiles.

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: Ideal for beginners; access to a wide range of trading instruments.
• 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 from 0.1 pips; commission of $5 per lot.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access; suitable for scalpers and high-frequency traders.
• Target User Profile: Advanced and professional traders.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

3. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Spreads from 0.5 pips; commission of $3 per lot.
• Leverage Options: Up to 1:300.
• Key Features: Enhanced trading conditions; priority customer support.
• Target User Profile: Experienced traders and institutional clients.
• Trading Instruments Available: Forex, commodities, indices, stocks.

4. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to the Standard account; no swap fees.
• Leverage Options: Up to 1:200.
• Key Features: Compliant with Sharia law; no overnight interest.
• Target User Profile: Muslim traders seeking a compliant trading option.
• Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds).
• Spread/Commission Structure: Simulates live trading conditions.
• 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: Forex, commodities, indices, cryptocurrencies.

Account Type Comparison Table

Recommended Account Types by Trader Level

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

Detailed sharp link Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:300

• Islamic: 1:200

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: 1.5 pips

• ECN: 0.1 pips

• Pro: 0.5 pips

• Islamic: Similar to Standard

• Demo: Simulated

• Commission Fees:

• Standard: None

• ECN: $5/lot

• Pro: $3/lot

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Standard

• Pro: 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: Instant

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Standard: Yes

• ECN: Yes

• Pro: Yes

• Islamic: No

• Demo: Yes

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• No commission fees.

• User-friendly for beginners.

• ECN Account:

• Tight spreads.

• Direct market access.

• Suitable for high-frequency trading.

• Pro Account:

• Enhanced trading conditions.

• Lower commission fees.

• Priority support.

• Islamic Account:

• Compliant with Sharia law.

• No overnight interest.

• Suitable for Muslim traders.

• Demo Account:

• Risk-free trading environment.

• Access to all instruments.

• Ideal for strategy testing.

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:

• Requires a higher initial investment.

• Not suitable for beginners.

• Islamic Account:

• Limited availability.

• Similar features to Standard account.

• Demo Account:

• No real money involved.

• Limited duration for practice.

sharp link Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of specific countries; check local regulations.
• Prohibited Countries: Countries under international sanctions may be restricted.
• Identity Verification Documents Needed: Government-issued ID, proof of address.
• Proof of Residence Requirements: Utility bill or bank statement showing your name and address.
• Additional Documentation for Professional Accounts: Financial statements or proof of trading experience may be required.

KYC/AML Compliance Procedures

Sharp Link adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring all clients to verify their identity and address before trading.

Verification Time Frames

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

sharp link Account Opening Process

Step-by-Step sharp link Account Opening Guide

1. Visit Website and Click Registration: Go to the Sharp Link website and select the account registration option.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences, including leverage and trading instruments.
5. Document Upload: Upload the required identification and proof of residence documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit the minimum required amount to activate your account.
8. 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 the mobile interface may have simplified steps for ease of use.

Common Registration Issues and Solutions

• Document Rejection: Ensure documents are clear and meet requirements.
• Verification Delays: Contact customer support if verification exceeds 3 business days.
• Technical Errors: Clear your browser cache or try a different browser.

Average Account Approval Time

Typically, account approval takes between 1-3 business days, depending on the completeness of the application.

How to Upgrade/Downgrade Account Types

To change your account type, contact customer support with your request. Upgrading may require additional deposits or documentation.

sharp link Demo Account Guide

Demo Account Features and Benefits

• Practice trading without financial risk.
• Access to all trading instruments available in live accounts.
• Ability to test trading strategies in real market conditions.

How to Open a Demo Account

Visit the Sharp Link website and select the demo account option. Fill in the required information to create your demo account.

Demo Account Limitations

Demo accounts may have a virtual balance limit and are typically available for a limited duration.

Virtual Balance Amount

The demo account usually comes with a virtual balance of $10,000 to simulate real trading conditions.

Demo vs Live Account Differences

Demo accounts do not involve real money, while live accounts require actual deposits and trading with real funds.

Duration/Expiry of Demo Accounts

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

sharp link Islamic Account Details

Swap-Free/Islamic Account Availability

Sharp Link offers Islamic accounts that comply with Sharia law, providing a swap-free trading environment.

Eligibility Requirements

To qualify for an Islamic account, traders must declare their need for a swap-free option and provide the necessary documentation.

Differences from Standard Accounts

Islamic accounts do not incur overnight interest, making them suitable for Muslim traders.

How to Apply for Islamic Account

Select the Islamic account option during the registration process or contact customer support for assistance.

Restrictions or Special Conditions

Islamic accounts may have specific trading conditions, such as limited leverage or available instruments.

FAQs – sharp link Account Types & Opening

1. What account types does sharp link offer？

• Sharp Link 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: $500, Demo: N/A.

1. How long does sharp link account verification take？

• Verification typically takes 1-3 business days.

1. Does sharp link offer demo accounts？

• Yes, Sharp Link offers demo accounts for practice trading.

1. Can I have multiple account types with sharp link？

• Yes, you can open multiple account types with Sharp Link.

1. Does sharp link offer Islamic/swap-free accounts？

• Yes, Sharp Link provides Islamic accounts that are swap-free.

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

• You need a government-issued ID and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer support.