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Overview

Company SunbirdFX has gained international fame and recognition among many traders from all over the world during the period of its productive work in the field of financial services. The website of the company is available in several languages: Italian, English, Polish, Arabic, Russian, Spanish and Bulgarian.

Broker offers its clients various accounts on platforms 4 MT and MT 5 for efficient foreign exchange trading and CFD speculation, and in addition it offers the platform Currenex that allows traders to use automated trading with financial tools.

Huge selection of print and video materials, as well as regular webinars will help many beginners to study currency trading on the Forex market from scratch, and to create their own technical Forex indicators and expert advisors. Qualified employees who work primarily for the benefit of customers will help to create Forex advisors and indicators.

Bonuses

Currently only one promotion called Refer a Friend is held on the official website of the SunbirdFX. This promotion allows participants to get good Forex bonuses for attraction of new customers for trading on the global financial markets through Sunbird.

The promotion called Refer a Friend is available for all traders of the Sunbird Company. Broker is willing to pay Forex bonuses for new clients who will make deposits and start trading on the Forex market after registration. Traders who have invited new customers receive Forex bonuses, depending on their first deposit. Bonus funds can be used in currency trading since they are accrued to the account, and they can be withdrawn from the account after making a certain trading volume, indicated by the broker.

Table of Forex bonus accrual and its release for withdrawal from the account:

- deposit is $500 - Forex bonus is $50 - trading volume is 2.5 lots

- deposit is $1,000 - Forex bonus is $120 - trading volume is 5 lots

- deposit is $2,000 - Forex bonus is $250 - trading volume is 10 lots

- deposit is $3,000 - Forex bonus is $370 - trading volume is 15 lots

- deposit is $4,000 - Forex bonus is $490 - trading volume is 20 lots

- deposit is $5,000 - Forex bonus is $600 - trading volume is 25 lots

- deposit is $10,000 - Forex bonus is $800 - trading volume is 50 lots.

Training

A large number of articles and video tutorials about foreign exchange trading are published on the official website of the SunbirdFX. There are also e-books about Forex. Webinars and regularly conducted, which allow studying profoundly trading on the Forex market.

Learning materials about the international Forex market.

1. Trendlines, channels and how to find them in charts.

2. Basics pattern, which show trends and their reversals.

3. What types of trend exist?

4. Support and resistance lines.

5. Candlestick analysis.

6. Technical forex indicator Stochastic.

7. Technical retracement.

8. Fibonacci Theory.

9. RSI (relative strength index).

10. Chart types.

11. Moving averages and their types.

12. Elliott Wave Analysis.

13. Dow Theory.

14. Main Forex technical indicators (overview).

15. Forex trading strategies:

- Sunflower Method

- Ross Hook

- Fibonacci

- Morning Star

- double tops and RSI

- ADX and Parabolic.

- Bagovino Method

- Bunny Girl Strategy

- scalping on news

- Big Ben Method

- Egudu Method.

16. Video tutorials for novice traders:

- what is Forex

- advantages of the market

- orders, used on the foreign exchange market

- profitable Forex strategies

- Forex glossary.

17. The trading platform Meta Trader 4 guide (video course):

- brief overview of the trading platform

- how to install Meta Trader 4

- how to set up Meta Trader 4

- how to place orders

- pending orders and their execution

- profiles and templates.

18. Video tutorials for experienced traders:

- world of currency trading

- trends and their identification

- Japonese candlesticks (basic patterns for analysis)

- Fibonacci

- risk calculation for currency trading and profit fixation

- Forex terminology.

19. E-books about the Forex market for downloading and studying:

- complete guide for novice traders

- profound study of foreign exchange trading for experienced traders.

Webinars about trading on the currency market are conducted regularly on the site of the broker. All traders may enroll in them.

Customers who have just started learning trading on the foreign exchange market are provided with the opportunity to open a demo account, which allows them to consolidate the theoretical knowledge in practice. Trading on demo accounts is carried out using real foreign exchange rates, but with virtual money. It prevents loss of novice traders' own funds.

Terms of trading

SunbirdFX offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $500

- the leverage is 1:100

- a lot of currency pairs, futures, indices, securities, gold, silver

- market spread is from 0 points

- automated trading is available

- hedging is available

- scalping is available

- swap

- no commission fee (not on all accounts)

- Islamic accounts are available

- personal manager for all open accounts.

MetaTrader 4

- multi-language support

- order execution - Instant Execution

- a wide range of embedded Forex indicators

- addition of traders' own technical indicators

- creation and operation of new Forex expert advisors MetaQuotes Language 4

- export and import of currency quotes

- chart printing.

Meta Trader 5

- multi-language support

- twenty one time frame

- embedded Forex indicators

- addition of traders' own indicators

- market depth

- automated trading with Forex expert advisors through MQL5

- order instant execution

- additional options for pending orders.

Sunbird provides its traders with several kinds of accounts that differ in available functions and trading conditions, as they are available on different trading platforms.

Trading account Standard MT 4:

- the minimum deposit is $500

- spread is from 0.7 points

- margin call is 75%

- stop out is 50%

- the minimum transaction size is 0.05 lots

- no commission fee.

Trading account Standard MT 5:

- the minimum deposit is $5000

- spread is from 0 points

- margin call is 50%

- stop out is 25%

- the minimum transaction size is 0.01 lots

- no commission fee.

Trading account ECN STP MT 4:

- the minimum deposit is $10,000

- spread is from 0 points

- margin call is 100%

- stop out is 50%

- the minimum transaction size is 0.05 lots

- commission fee is $55 for trading volume of $1,000,000.

Trading account Currenex:

- the minimum deposit is $50,000

- spread is from 0 points

- margin call is 100%

- stop out is 50%

- the minimum transaction size is 0.05 lots

- automated trading - ACT API

- commission fee is $55 for trading volume of $1,000,000.

Forex indicators (recommended)

- DeMarker

- Standard Deviation

- Fractals

- Alligator

- Ishimoku.

Forex expert advisors (recommended)

- Goodwine (an automated Forex expert advisor that is suitable for short trading on the currency market; it is also quite good scalper that allows it to make profits in most open positions)

- Otkat (an automated Forex expert advisor, elaborated for efficient trading within foreign exchange bands, which it successfully does, conducting transactions and making profits)

- FX Nostradamus (an automated Forex expert advisor, elaborated for trading in any time frame and currency pair, using moving averages and the indicator Parabolic, allowing it to make good profits on the Forex market).

Investments

A specialized MAM system is implemented on the site of the SunbirdFX that allows managers and investors to cooperate with each other. Investors should submit an application to the broker before giving their money to professional traders for management, and after its approval they need to transfer theirs accounts to one of the traders for management. An investor may even not interfere in trading of the manager, and only receive income from his work, paying for it the interest rate, stipulated in the contract. But if the investor wants, he can participate in trading on the currency market on his own account independently from the manager. Of course, this is undesirable, because it can seriously affect the efficiency of the manager.

Unique features

An independent creation of Forex technical indicators and expert advisors using MT 4 can be distinguished among unique features of theSunbirdFX. Traders who have decided to take this opportunity can count on the full support from the financial analysts and programmers of the company, starting from the creation of an expert advisor or indicator and ending with their complete implementation.

Company SunbirdFX allows its traders to join its affiliate program and earn money on the currency market not by trading, by but attracting new customers. Both natural persons, who become IB-representatives, and legal persons, who are ready to start a business in the field of finance from scratch with the help of the direction White Label, can take part in the affiliate program.

All partners receive from the broker commission fees from trading of attracted clients on a regular basis.

Add/withdraw funds

Traders of the SunbirdFX Company can fund trading accounts using the following methods: CashU, Qiwi, Web Money, Neteller, MasterCard, Visa and bank transfers.

Contacts

Sunbird provides its traders with the comprehensive support by email [email protected], international phone + 44-20-36080744, via online chat. Customers can also contact the broker via the feedback form or request a call back on the website of the company.

Cons and pros

+ the world famous broker

+ small spread

+ several trading platforms with numerous accounts

+ huge database of learning materials about trading on the foreign exchange market

- low leverage

- no Forex deposit bonuses

- no contests for traders.

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