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Rating Index
Pros
Low minimum deposit requirement, making trading accessible to a wider range of investors.
Utilizes the popular and user-friendly MetaTrader 4 (MT4) platform, which offers robust trading tools and features.
Offers a demo account for users to practice trading strategies without financial risk.
Cons
Unregulated status raises concerns about investor protection and potential risks associated with trading.
Limited account types available, which may not cater to the diverse needs of different traders.
Lack of transparency regarding deposit and withdrawal policies, which could lead to uncertainties for users.
Sunrise Money broker Accounts
Sunrise Money Account Type
Sunrise Money offers a singular account type known as the Personal Account, which requires a minimum deposit of 500 yuan. This account type is designed to cater to a wide range of traders, providing access to various tradable assets, including forex and commodities. The platform operates on the widely recognized MetaTrader 4 (MT4) trading platform, allowing users to navigate through diverse market conditions with ease. Additionally, a demo account is available for those looking to practice their trading strategies without financial risk.
Sunrise Money Broker Account Opening Process
Opening an account with Sunrise Money involves a straightforward process consisting of the following steps:
- Navigate to the Official Website: Visit Sunrise Money's official website.
- Fill Out the Registration Form: Complete the registration form with your personal details, including your name, email address, and phone number. Create a secure password and validate your email if required.
- Provide Verification Documents: Submit necessary documents to verify your identity and address, such as a government-issued ID and a utility bill. Await approval from Sunrise Money's verification process, which may take a few days.
- Execute a Funds Deposit: Upon verification, log into your trading account, go to the deposit section, select your preferred payment method (debit card or bank transfer), and transfer at least 500 yuan to activate your account for trading.
- Commence Trading: Access the MT4 trading platform via Sunrise Money and select from available forex pairs and commodities to start your trading journey, ensuring to apply prudent risk management strategies.
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Sunrise Money accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .