What Account Types and Fees Does SINOLINK FUTURES Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and retail traders |
Low minimum deposit, access to educational resources |
Suitable for novice traders looking to enter the market |
| Professional Account |
Experienced traders and professionals |
Higher leverage, lower spreads, and advanced trading tools |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients and institutions |
Customized services, dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Traders seeking Sharia-compliant trading |
Swap-free, adheres to Islamic finance principles |
Available upon request, requires verification |
| Demo Account |
New traders and those testing strategies |
No risk trading environment, practice with virtual funds |
Ideal for learning the platform and testing strategies |
Account Opening Process
To open an account with SINOLINK FUTURES, prospective clients must follow these steps:
1. Submit Personal Information: Provide necessary personal details like name, email, and phone number.
2. Employment Information: Include current employment status and financial background information.
3. Financial Information Submission: Disclose financial situation and trading experience.
4. Identity Verification: Upload identity documents such as a government-issued ID and proof of address.
5. Account Flexibility: Clients may start with a retail account and can upgrade to a professional account at a later stage, subject to meeting the eligibility requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive spreads |
| CFDs (Stocks) |
0.2 |
0.2% per trade |
Varies by stock |
| CFDs (Indices) |
1.5 |
0.02% per trade |
Broad market coverage |
| CFDs (Commodities) |
2.0 |
0.1% per trade |
Includes energy and precious metals |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Clients should be aware of the following additional fees:
– Deposit/Withdrawal Fees: Typically, there are no fees for deposits; however, withdrawal fees may apply depending on the method used.
– Inactivity Fees: Accounts that remain inactive for an extended period may incur fees.
– Platform Usage Fees: No additional charges for using the trading platform, but ensure to check for any service fees.
– Overnight Interest (Swap Rates): Positions held overnight may incur swap fees, varying by asset class.
– Currency Conversion Fees: These fees may apply when trading in currencies different from the account base currency.
