Website – https://sunbirdfx.com/
Address – 106 Premier Building, Victoria, Mahe, Seychelles
Warned By – Not Recommended By Review Websites Like Scam Helpers
Read the SunbirdFX review and know why we put this broker on the list of scam brokers.
SunbirdFX is a forex and CFD broker. SunbirdFX was established in 2005. They entered the online trading field in 2010. The brand SunbirdFX is owned and operated by Spring Strategies Ltd. in the Commonwealth of Dominica. Its location is 106 Premier Building, Victoria, Mahe, Seychelles, but it claims to be based in London, the UK, which is untrue. Read the SunbirdFX review to learn more about the broker.
SunbirdFX Review: Regulation Status
This scam broker uses fake addresses so that interested traders believe that the company is regulated in the UK. The company is supposed to be regulated by Seychelles regulating authority, the International Financial Market Relations Regulation Center (IFMRRC), in the past. But at this stage, the broker does not seem to be regulated by any financial governmental body.
Lack of regulation is a serious drawback for many traders, as clients are not compensated if anything goes wrong with the broker or the company. There is no client protection measure. And to top it off, the forex and cryptocurrency markets are very volatile.
SunbirdFX Review: Customer Support
Support methods are call-back, email, live chat, phone, and online web form. There are complaints that the customer support is not satisfactory. SunbirdFX employees do not pick up the phone. Reply to email takes nearly two days to come. This lack of adequate customer support is a problem for those traders who need to resolve pressing issues that affect their trade.
Customer support is offered 24 hours x 5 days a week (Mon to Fri), in English, Russian, Spanish, Italian, French, Lithuanian, and Arabic.
SunbirdFX Review: Trading Platforms
Trading platforms offered by SunbirdFX are MT4, MT5, cTrader, Currenex, and ZuluTrade. Though MT4 and MT5 are well-known trading platforms
SunbirdFX Review: Deposits and Withdrawals
SunbirdFX accepts deposits through CashU, credit/debit cards, Neteller, WebMoney, and wire transfers. Withdrawal is a problem most clients face. It is a common feature among scam brokers.
SunbirdFX Review: Account Types
SunbirdFX offers swap-free or Islamic accounts also, whereby no interest is charged on positions held overnight.
Account types offered are Standard MT4 (minimum deposit of $100), Standard MT5 (minimum deposit of $5000), ECN STP MT4/G-pro (minimum deposit of $10,000), and MirrorTrader (minimum deposit of $2,500).
A demo account is offered, whereby prospective clients can test trading conditions and various features before signing up.
SunbirdFX Review: Leverage and Spreads
The leverage offered by SunbirdFX is 1:100, which is acceptable by all regulatory authorities.
SunbirdFX Review: Asset Class
SunbirdFX offers a wide and popular range of asset classes, that is, forex, metals (gold and silver), CFDs, indices, and oil.
Why not deal with SunbirdFX?
- It is not regulated by any known regulators.
- Withdrawal is a problem.
- Delisted due to website inactivity.
Scammed by SunbirdFX?
SunbirdFX appears to be a scam broker. If you are a fraud victim of SunbirdFX and lost funds to them, do fill out our online web-based complaint form, and we will contact you as soon as possible.
Alternatively, you can meet us in person, at the address given at the end of the home page. We are registered in the UK. We operate internationally.
Also, if you are a victim of a forex scam, cryptocurrency scam, binary scam, bitcoin scam, or any other scam, contact us immediately.
If you feel you are scammed – Report a complaint here
Visit our Facebook Page