Regulation: FMRRC
Minimum Deposit: $100
Maximum Leverage: 1:400
ECN/STP: Yes
Minimum Spread: 1 pip
Bonus: 30% First Deposit
Demo Account: Yes
USA: No
Mobile: Yes
SunbirdFX Broker Review: General Overview
SunbirdFX is one of those Forex brokers that have carved a niche for itself in the financial industry by their sheer perseverance and great services offered through its trading platform. This particular brokerage firm was founded way back in 2005 and since then it has grown extensively, both in terms of services and reliability. It offers different types of financial instruments for trading like for instance Forex, CFD’s, precious metals etc. Hence as a trader, you will never feel limited when it comes to dealing with the assets in the industry. The broker believes in the objective of offering an innovative and professional juncture where people can conduct trading successfully while strictly adhering to codes and ethics of the market. Since it is one of the top ECN Forex brokers, it directly connects the traders with the international banks for best account size and price feed.
SunbirdFX has its headquarters based at Seychelles and it has representative offices in many parts of the world. Although it is not a regulated broker but there is no need to worry about. It is reliable in nature and you should not consider the merchant as a scam. There are customers from different parts of the world who would vouch for its credentials. However the broker has applied for regulation and in the near future, you can find this brokerage firm being regulated by agencies like CySec and FCA. It offers the best market exposure one needs and it will certainly define your success path in your Forex trading. The company staffs are educated and have the best knowledge about the industry which is backed by state of the art and other services offered by the merchant. By registering with the broker and opening a trading account, you will be on a winning seat no matter how demanding the market becomes!
SunbirdFX Broker Reviews: Trading Platform
There are certain traders who like trading with big brokerage firms while there are some who are happy availing the services of small trade agencies. If you happen to be in the latter group, then all your trading needs will be satisfied with Sunbird. The broker although operates on a small level but offers the best services through its highly interactive trading platform. At present, you can trade across multiple trade platforms and select the one in which you are most comfortable. All the important links are available on a single page and user concerned does not have to roam all around the website. SunbirdFX trading platform has been designed keeping the novice traders in mind.
MetaTrader4 is the standard platform which is completely web based and works perfectly with Windows as well as Mac based operating system. Mobile trading is also available for Android and iOS users. One needs just to download the app and start trading. Although the features offered in the trading platform are limited but it is more than satisfactory for the trader concerned. You can easily get the latest updates on the market and other important market news on your email from time to time. One need not have to install or run any additional application so as to use the Sunbird trade platform. The broker is looking forward to introducing automated trading in the near future.
SunbirdFX Account Types and Features
In order to satisfy the needs of different types of trader, the broker offers myriad account types. You can select the one suited to your present trading requirements. The sign up is easy and it takes less than 10 minutes to complete the registration process. After that, you will be ready to start trading and invest money in the Forex market. A brief description of the various account types offered by Sunbird is illustrated in the following table below:
Features | Metatrader Account | ECN Account | G-ProECN Account | CurrenexAccount |
Minimum Deposit | $100 | $10,000 | $10,000 | $50,000 |
Minimum Deal Size | 1000 | 50,000 | 50,000 | 100,000 |
Max. Leverage | 100:1 | 100:1 | 100:1 | 100:1 |
Spreads | Starts from 1 Pip | Starts from 0 Pip | Starts from 0 Pip | Starts from 0 Pip |
Commission | No | From $5 per Lot | From $5 per Lot | From $5 per Lot |
The other features of Sunbird broker is illustrated under the following points below:
- Instant trade execution for multi-million transaction
- Minimum transaction size suited for every trader
- Instant withdrawal of funds without any waiting
- Scalping is allowed without any re-quotes
- Variable spreads available with the best bid and ask price
- No dealing desk available for non-STP Metatrader accounts
- Offers automated signal trade through Zulutrade and Mirror Trader
SunbirdFX Bonus and Special Promotions
In order to make its traders earn, the broker offers numerous types of bonus and other special promotions from time to time. For anyone who registers for the first time, they get a 100% Welcome Bonus on their initial deposit amount. It means that if you open a trading account with $200, then your account will be reimbursed with $200 as bonus amount. It takes around 24 hours after account registration for the bonus money to arrive. Apart from that, the broker offers 30 days risk-free trading to all types of traders. Under this particular scheme, if you have encountered any loss, the money will be covered by the merchant and you need not have to worry the least anymore. It is to be noted that the promotions and other deals are ephemeral in nature and changes from time to time. You should get in contact with a customer care agent to learn more about such offerings.
Pros of SunbirdFX Broker
There are numerous advantages and other benefits while trading with this particular brokerage firm. The same are illustrated under the following headings below:
- Best trading platform with state of the art features
- Withdrawal requests are processed in less than 24 hours
- No discrimination between low and high volume traders
- Low variable spreads offer the best return on investments
- Demo account is available for an expiry of 30 days
- Dedicated Personal Manager for every account holder
- Dedicated FX analyst available with immediate trade execution
- Best and attentive professionals for customer care service
Cons of SunbirdFX Broker
- Does not accept USA residents
- Is not a regulated brokerage firm
SunbirdFX Payment Methods
Registering with the broker and transmitting money and funds is fairly easy without involving any type of hassles. Payment options are pretty sophisticated and one can choose from the different platform for making deposits and withdrawals. One can transmit money through alternate delivery channels like for instance Debit Cards, VISA, MasterCard, American Express, Skrill and many others. One can even use electronic wire transfer but the fund transfer takes a bit of time owing to some bank regulations and other identity verification. It is to be noted that the deposits are acknowledged immediately while the deposits take at least 1 daytime to arrive in the bank account. There are no commissions or fees charged by the broker for making withdrawal requests.
SunbirdFX Customer Service
It is one of those brokers that are growing at a tremendously fast rate. In a few years time with the kind of services it offers to the traders, it will emerge as a market leader in the online trading. The customer service is pretty impressive and there have never been any complaints from the client concerned in the past. One can reach the staffs at this brokerage firm through live chats, email program as well as calling at their landline number. There are some internal toll-free numbers for few nations. The staffs are trained and are extremely professional when it comes to handling the queries and other trade-related problems of customers. The response time is less than 20 minutes and you can expect to get you problems resolved in less than 24 hours.
SunbirdFX Final Verdict
With almost 1 decade of presence in the online trading, SunbirdFX is one of the top 10 Forex brokers with great ratings and credibility. Traders can avail unmatched services and unparalleled features which only a few brokerage firms are able to provide in recent times. The asset index is pretty expansive and one can trade across myriad financial instruments without any limitations. The payment service is pretty good and funds get settled extremely fast. At the same time, customer service is impressive and the broker offers numerous tutorials and other guides for Forex trading. The trading platform is also very sophisticated and offers the best tools required for placing trades. SunbirdFX Demo account is available where you can get a feel about the broker before you finally jump into the real trading environment.
Sign up today with SunbirdFX and open a real Forex trading account. It is the name you should trust upon who would cater to all your financial needs in one single roof. You need not have to go any other place. Just register today and feel the difference!