sunness Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
Part 1: sunness Account Types Overview
sunness Account Types Explained
Sunness offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available for 2025:
- Standard Account
- Minimum Deposit Requirement: $10
- Spread/Commission Structure: Spreads from 0.3 pips; no commission.
- Leverage Options: Up to 1:2000.
- Key Features: User-friendly interface, suitable for beginners.
- Target User Profile: Beginners and casual traders.
- Trading Instruments Available: Forex, metals, indices, cryptocurrencies.
- Pro Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Spreads from 0.1 pips; commission applies.
- Leverage Options: Up to 1:500.
- Key Features: Advanced trading tools, suitable for experienced traders.
- Target User Profile: Experienced traders.
- Trading Instruments Available: Forex, commodities, indices.
- Zero Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Zero spreads; commission applies.
- Leverage Options: Up to 1:500.
- Key Features: Best for scalpers and high-frequency traders.
- Target User Profile: Professional traders.
- Trading Instruments Available: Forex, commodities, indices.
- Raw Spread Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Raw spreads; commission applies.
- Leverage Options: Up to 1:500.
- Key Features: Direct market access, ideal for algorithmic trading.
- Target User Profile: Institutional and advanced traders.
- Trading Instruments Available: Forex, commodities, indices.
- Demo Account
- Minimum Deposit Requirement: Virtual funds (typically $10,000).
- Spread/Commission Structure: Same as live accounts.
- Leverage Options: Same as live accounts.
- Key Features: Practice trading without risk.
- Target User Profile: Beginners and traders testing strategies.
- Trading Instruments Available: Same as live accounts.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account
- Intermediate Traders: Pro Account
- Advanced Traders: Raw Spread or Zero Account
Part 2: sunness Account Features Comparison
Detailed sunness Account Features
When comparing the features across different sunness account types, the following aspects are crucial:
Minimum Deposit:
Standard: $10
Pro: $100
Zero: $100
Raw Spread: $100
Demo: Virtual funds
Maximum Leverage:
Standard: Up to 1:2000
Pro: Up to 1:500
Zero: Up to 1:500
Raw Spread: Up to 1:500
Demo: Same as live accounts
Spreads (Typical/Minimum):
Standard: From 0.3 pips
Pro: From 0.1 pips
Zero: 0 pips
Raw Spread: Raw spreads
Commission Fees:
Standard: None
Pro: Yes
Zero: Yes
Raw Spread: Yes
Demo: None
Lot Size:
Standard: Micro, Mini, Standard
Pro: Micro, Mini, Standard
Zero: Micro, Mini, Standard
Raw Spread: Micro, Mini, Standard
Demo: Micro, Mini, Standard
Available Trading Platforms:
All accounts support MT4 and MT5.
Execution Type:
Standard: Market execution
Pro: Market execution
Zero: ECN execution
Raw Spread: ECN execution
Demo: Market execution
Islamic Account Availability: Available for all account types upon request.
Swap-Free Options: Offered for Islamic accounts.
Demo Account Features: Unlimited duration, same trading conditions as live accounts.
Advantages of Each Account Type
-
Standard Account:
Low minimum deposit.
No commission fees.
User-friendly for beginners.
Pro Account:
Tight spreads.
Advanced trading tools.
Suitable for serious traders.
Zero Account:
No spread costs.
Ideal for scalping.
High leverage options.
Raw Spread Account:
Direct market access.
Best for algorithmic trading.
Low trading costs.
Disadvantages of Each Account Type
-
Standard Account:
Limited features for advanced trading.
Higher spreads compared to Pro and Raw accounts.
Pro Account:
Requires a higher minimum deposit.
Commission fees apply.
Zero Account:
Commission fees can add up.
Requires a higher trading volume to be cost-effective.
Raw Spread Account:
Higher minimum deposit.
Commission fees apply.
Part 3: sunness Account Opening Requirements
sunness Account Registration Requirements
To open a sunness account, traders must meet the following eligibility criteria:
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available in most countries; specific restrictions may apply.
- Prohibited Countries: Countries under sanctions or with specific trading restrictions.
- Identity Verification Documents Needed:
- Government-issued ID (passport, national ID, or drivers license).
- Proof of Residence Requirements:
- Utility bill, bank statement, or similar document.
- Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.
KYC/AML Compliance Procedures
Sunness adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, requiring all traders to verify their identity and residence before trading.
Verification Time Frames
Verification typically takes a few hours to 1 business day, depending on the volume of applications.
Part 4: sunness Account Opening Process
Step-by-Step sunness Account Opening Guide
- Visit Website and Click Registration: Navigate to the official sunness website and click on the "Open Account" button.
- Personal Information Entry: Fill in your personal details, including your full name, email address, and phone number.
- Choose Account Type: Select the account type that suits your trading needs.
- Set Trading Preferences: Specify your trading preferences, including leverage and trading instruments.
- Document Upload: Upload the required identification and proof of residence documents.
- Account Verification: Wait for the account verification process to complete.
- Fund Your Account: Make your initial deposit using your preferred payment method.
- Start Trading: Once your account is funded, you can start trading.
Desktop vs Mobile Registration Differences
The registration process is similar on both desktop and mobile platforms, with the mobile app offering a streamlined experience.
Common Registration Issues and Solutions
- Issue: Verification email not received.
- Solution: Check spam/junk folders or request a new verification email.
- Issue: Document upload fails.
- Solution: Ensure documents are clear and meet the required format.
Average Account Approval Time
Most accounts are approved within a few hours, but it can take up to 1 business day during peak times.
How to Upgrade/Downgrade Account Types
Traders can request to upgrade or downgrade their account types through the sunness customer support portal.
sunness Demo Account Guide
The sunness demo account allows traders to practice trading without financial risk.
Demo Account Features and Benefits:
Access to real market conditions.
Unlimited virtual funds.
Same trading conditions as live accounts.
How to Open a Demo Account:
Follow the same registration process as for a live account, selecting "Demo Account" during the account type selection.
Demo Account Limitations:
Limited to virtual funds; cannot withdraw or transfer to live accounts.
Virtual Balance Amount: Typically set at $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Duration/Expiry of Demo Accounts: Demo accounts do not expire but may be subject to inactivity policies.
Part 6: sunness Islamic Account (if available)
sunness Islamic Account Details
Sunness offers Islamic accounts that comply with Sharia law.
- Swap-Free/Islamic Account Availability: Available upon request for all account types.
- Eligibility Requirements: Must provide documentation confirming the need for an Islamic account.
- Differences from Standard Accounts: No swap fees; other trading conditions remain the same.
- How to Apply for Islamic Account: Request through customer support during the account registration process.
- Restrictions or Special Conditions: Must adhere to Islamic finance principles.
FAQs – sunness Account Types & Opening
- What account types does sunness offer?
- Sunness offers Standard, Pro, Zero, Raw Spread, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard: $10, Pro: $100, Zero: $100, Raw Spread: $100, Demo: Virtual funds.
- How long does sunness account verification take?
- Verification typically takes a few hours to 1 business day.
- Does sunness offer demo accounts?
- Yes, sunness offers demo accounts for practice trading.
- Can I have multiple account types with sunness?
- Yes, traders can open multiple accounts of different types.
- Does sunness offer Islamic/swap-free accounts?
- Yes, Islamic accounts are available upon request.
- What documents do I need to open a sunness account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can request to upgrade or downgrade your account type through customer support.
Sunness accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .