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SunBirdFX Review


Sunbirdfx was founded in 2005 and is headquartered in London, UK. Sunbird is a Forex and CFD broker and a no dealing desk (NDD ) broker where traders can connect directly with international banks through an ECN for the best price feed regardless of account size.


Sunbird offers its traders a choice of three different trading accounts each with either variable or ECN spreads and with different welcome bonuses. Leverage of 1:200 is offered for all three.

SunbirdFX Account Types

The Standard account requires a deposit of $1000 and receives a welcome bonus of between 30%-50%. The Pro account can be opened with $5000-$15000 and a bonus of up to $5000 is awarded. More than $15,000 opens a VIP account with a welcome bonus of up to $5000. ECN accounts are not entitled to all the bonuses.

There is also an Islamic account for those who follow Sharia law and are not permitted to receive interest on overnight positions. An Islamic account can be opened with $1000 and are available with any of the three accounts.

A demo account can be opened using any of the accounts. Anyone with $30,000 or more can open a managed account.


The Sunbird website is quite standard. There are over 200 trading instruments to choose from including commodities, CFD’s and Forex from all over the world.

Sunbird accepts all types of traders, including scalpers. Their ECN platform allows traders to close a CFD position quickly.

Traders can choose to trade commodities such as gold, oil, and silver. There are no limits on order placements, stop loss and profit taking is available and there is leverage up to 100:1.

Unlike currencies, which are traded in pips commodities are traded in points (USD). The spreads are low but not the lowest in the industry.

Despite the fact that Sunbird offers their traders a choice of several different trading platforms it would have been nice to see a single page that could help the trader see all of his options at a glance. Many other brokers offer this type of comparison chart. Instead of this, each designated registration page lists with bullet points the benefits of a specific trading platform, a method which is not always the most advisable one to use.

Sunbird’s autotrading platforms are not currently available, but from what I was led to believe when doing this review, they have been promised now for some months and have still not materialized.


The education center at Sunbird includes pretty standard fare-instructional videos for both beginners and advanced traders, videos and tutorials that provide guidance for the installation and use of the MetaTrader4 trading platform. The videos can shamefully, only be viewed by account holders after they have logged into the site which is quite frustrating to someone who is not yet opened a trading account.

Two ebooks are offered—one for beginners and one for advanced traders. Again, these can only be accessed by Sunbird account holders after they have logged in.

Additional market tools include an economic calendar, articles and an in-depth daily market analysis.

Four live calculators are available—Pivot, Fibonacci, Deal Size and Pip.


Sunbird accepts funding via credit cards, bank wires from around the globe, and alternative deposit methods such as Qiwi, Webmoney, Moneta, CashU and others.

Withdrawals can be made at any time using the same methods.

Customer Support

Customer support is available 24/5 in several languages. Representatives are available 24/5 by telephone.

Chat is offered but only at certain trading hours.


Sunbird has been operating on a small scale for the past five years and has only recently expanded to cater to Forex traders worldwide. It is a shame there is no regulation and the fact that there are no bonuses or promotions is disappointing as it is a feature that most brokers would not do without.


Of all the features on the site, the only one that stands out is how the information notices are placed at the bottom of each platform providing helpful information to supplement the trading platform. I registered for a Sunbird account to test it out and the process was uneventful.

General Information

Company Information

  • Broker’s Name : SunbirdFX
  • Headquarter : United Kingdom
  • Regulation : FMRRC

Account Information

  • Type of Broker : No Dealing Desk
  • U.S. Clients Allowed :
  • Minimum Deposit : $100
  • Maximum Leverage : 1:200
  • Commissions / Spreads : Spreads
  • Account 1 : Standard
  • Account 2 : Pro
  • Account 3 : VIP
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, cTrader, Other
    • 30 different languages
      • Windows
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :
  • Customer Support

    • English
    • Spanish
    • Arabic
    • Italian
    • French
    • Russian
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :
  • Pros and Cons

    • Choice of Account Types
    • Several Trading Platforms
    • No Regulation
    • Few Bonuses and Promotions


    Sunbirdfx offers several platforms which offer their own individual features.

    MetaTrader 4

    The Sunbird MT4 platform has No Dealing Desk Execution, average spreads for all currency pairs, fast execution, unrestricted use of EAs and no requotes. The minimum contract size is $1000 and any trader type, including scalpers, is acceptable.

    SunbirdFX MT4 Platform

    MetaTrader 4.0 MultiTerminal

    Money Managers can take advantage of the MetaTrader 4 Multi Terminal which is designed for managing multiple accounts simultaneously with a single click execution and with a variety of allocation types.

    Money managers can leverage Sunbird’s knowledge, technology and expertise when using their propriety MT4 MAM to trade with your primary account using an Expert Advisor.

    Individual clients can log on to their account and view in real-time all open positions, P&L, and trading history 24 hours a day.

    Other advantages of the MAM account include unlimited number of accounts, supports all types of orders, a reporting system, a flexible workspace and more.


    With the SunbirdFX Webtrader, traders can use advanced charting features, technical analysis, one click trades and easy access to market updates and our economic calendar, all without having to download a thing. They can access their account from any computer in the world and use the same features they use from their desktop trading station.

    SunbirdFX Webtrader Platform

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      1er lugar! El mejor broker de opciones binarias!
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      2do lugar! Gran corredor!

    Their new iPad or Android tablet trading application has recently been introduced. The app uses the Sirix Webtrader which works on cross platforms and give the look and feel of the regular Webtrader platform and synch with your Metatrader account.

    MetaTrader 4 – Mobile Trading Platforms

    The MetaTrader4 mobile platforms let traders stay up to date with current market movements and news – anywhere anytime using a smartphone or other mobile device.

    SunbirdFX MT4 Mobile Platform

    From the mobile app traders can place and close trades/orders, monitor your trades, set stop-loss, limit orders, access real-time chart and technical analysis and more.

    User Reviews

    Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

    Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.


    Operational Since:


    Country where domiciled:


    International offices:

    Ireland, Seychelles



    Broker Status:

    Independent broker N/A

    Broker Type:


    US Clients Accepted:


    Average Monthly Volume In USD:

    SunbirdFX Review and Rating, Sunbird Forex Broker

    Sunbird FX execution and slippage

    Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be.

    Sunbird FX slippage with Kama-spot trading strategy

    Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF

    Average profit: 14.0 pips
    Average trade lifespan: 19 hours
    Most traded pairs: EUR/USD, GBP/USD and USD/CHF

    Sunbird FX slippage with Saved FX trading strategy

    Average profit: 16.0 pips

    Average trade lifespan: 1 day

    Sunbird FX slippage with Qurenix trading strategy

    Average profit: 9.0 pips

    Average trade lifespan: 5 hours

    Sunbird FX slippage with Forex Cruise Control trading strategy

    Average pips/trade: 5.0

    Average trade lifespan: 18 hours

    Sunbird FX slippage with For333 trading strategy

    Average pips/trade: 12.0

    Average trade lifespan: 15 hours

    Sunbird FX slippage with Azar Consulting trading strategy

    Average profit: 28.0 pips

    Average trade lifespan: 3 days

    Sunbird FX slippage with The Best Player trading strategy

    Average profit: 22.0 pips

    Average trade lifespan: 13 hours

    Sunbird FX slippage with Xiaolidao trading strategy

    Average pips/trade: 9.0 pips

    Average trade lifespan: 1 day

    Sunbird FX slippage with Youron trading strategy

    Average profit: 9.0 pips

    Average trade lifespan: 11 hours

    Sunbird FX slippage with Duanxian(GBP\USD) trading strategy

    Average profit: 10.0 pips

    Trading Accounts & Conditions

    Account type Minimum deposit Minimum trade size Maximum leverage Average Spreads
    Standard $100 0.01 1:300 1.6 pips
    Pro $5000 0.01 1:300 from 0.7 pips

    Clients of SunbirdFX are offered a choice of several account types, all of which are said to offer NDD environment, micro tradeable lots, variable spreads and leverage up to 1:300. Managed Accounts, as well as Islamic (swipe-free) ones are also available.

    While a minimum initial deposit of $100 is reasonable, the average spreads of SunbirdFX on the Standard account are above the average range of 1.0 – 1.5 pips on EUR/USD. Trading costs are lower on the Pro (ECN) account, however, we would not advise you to invest $5000 with this broker, as it is registered offshore.

    The Company. Security of Funds

    Spring Strategies Ltd.

    Commonwealth of Dominica

    SunbirdFX is a forex and CFD broker that uses the most common trading platform in the industry – the MetaTrader 4. According to the broker’s website, the company that owns and operates the brand is Spring Strategies Ltd. – a firm registered in the Commonwealth of Dominica.

    Dominica is an offshore destination where some international banking regulations apply to all companies operating out of it, however, forex brokers are currently not regulated.

    Doing business with unregulated (offshore) broker is extremely risky. That is why we advise traders to avoid such brokers and to select among brokers licensed by the respective authorities in the UK, or Australia for example.

    Besides, the famous forexpeacearmy site (FPA) claims that SunbirdFX is blacklisted as a scam broker. So, you’d better stay away from it.

    Trading Platforms

    SunbirdFX offers its customers an array of trading platforms: the famous MetaTrader 4 (MT4) platform, available as desktop, web and mobile versions.

    Besides, the broker enables it clients to fully automate their trading by mirroring the trades of expert traders via Signal Trader.

    At the time of writing of this review, SunbirdFX offers its clients 50% on-deposit welcome bonus.

    Methods of Payment

    SunbirdFX offers its clients the following payments methods: bank wire transfer, credit/debit cards, Qiwi, WebMoney, Moneta Ru, CashU, Neteller and more.


    SunbirdFX is an offshore brokerage that claims to offer pure NDD trading environment on the MT4 platform. Our main concern with this broker is the fact that it is not regulated and is likely a scam. Here are, in a nutshell, the advantages and disadvantages of SunbirdFX:

    Pros Cons
    MT4 available Not regulated and likely a scam
    Broker Advantages

    FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

    XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

    FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

    FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

    FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

    FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

    HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

    Los mejores corredores de opciones binarias 2020:
    • Binarium

      1er lugar! El mejor broker de opciones binarias!
      Ideal para principiantes! Entrenamiento gratis! Bonos de registro!

    • FinMax

      2do lugar! Gran corredor!

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