SunbirdFX

Editorial Rating:
3.96
Accept US Traders:
No

SunbirdFX.com

Five years after forming SunbirdFX eventually evolved into a company with an online axis capable of serving the new generation of Forex traders. Active in the virtual realm since 2010, the company is staffed solely by active traders and professionals with inside knowledge of the Forex world which means every client is given the best advice possible.

Tied in with this level of expert knowledge, SunbirdFX offers its customers a level playing field and does its best not to discriminate against investors based on their account size. Indeed, through its social networking portals, which include Facebook, Twitter and Google+, SunbirdFX provides every investor with a place to improve their skills and bankroll through community discussions.

SunbirdFX.com’s Special FX:

Education and collective improvement certainly stand out as the two key features of this online FX brokerage. Through a collection of articles, videos and news feeds, aspiring traders are given every opportunity to increase their knowledge and their bankroll.

Through the site’s various social networking outlets a user can augment their individual learning by discussing any problems, ideas or insights with the SunbirdFX community.

Beyond these tools, every user is assigned a Dedicated FX Analyst (DA) who will be on hand to provide the latest market information, analysis, strategies and discussions on various facets of the industry.

For support and education it’s fair to say that SunbirdFX covers all eventualities. Indeed, through personal, professional and group practice there’s a multitude of ways to improve your Forex ROI with this brokerage.

The Essentials:

Desktop, web and mobile trading are all available through SunbirdFX and depending on the investment route you want to pursue there’s a number of options to choose from. For those who want to a direct trading platform, MetaTrader 4 and MetaTrader 5 are available.

For users who prefer ECN-STP (Straight Through Processing) the CurreneX system is used and for any member wishing to use a mirror trading service, ZuluTrade has been made available by SunbirdFX.

Depending on which style of trading a trader wishes to use, there are six accounts available with differing conditions:

Standard MT4 Account:
Minimum account size = $100
Minimum position size = 0.01 lot
Variable spreads typically from 1.7 pips (minimum 1.2 pips)
Scalping and Expert advisors are allowed on this account
Leverage = 1:100
Digits quoted after the comma = 5
Margin call level = 75%
Stop-out level = 50%
Number of currency pairs available = 27

Standard MT5 Account:
Minimum account size = $5,000
Minimum position size = 0.01 lot
Variable spreads typically from 1.7 pips (minimum 1.2 pips)
Scalping and Expert advisors are allowed on this account
Leverage = 1:100
Digits quoted after the comma = 5
Margin call level = 50%
Stop-out level = 25%
Number of currency pairs available = 27

ECN-STP Account:
Minimum account size = $10,000
Minimum position size = 0.5 lot
Variable spreads typically from 0.7 pips (minimum 0 pips)
Commission (one-way) per standard lot = $5.50
Scalping and Expert advisors are allowed on this account
Leverage = 1:100
Digits quoted after the comma = 5
Margin call level = 100%
Stop-out level = 50%
Number of currency pairs available = 27

CurreneX Account:
Minimum account size = $50,000
Minimum position size = 0.5 lot
Variable spreads typically from 0.7 pips (minimum 0 pips)
Commission (one-way) per standard lot = $5.50
Scalping and Expert advisors are allowed on this account
Leverage = 1:100
Digits quoted after the comma = 5
Margin call level = 75%
Stop-out level = 50%
Number of currency pairs available = 27

ZuluTrade Account:
Minimum account size = $500
Minimum position size = 0.01 lot
Variable spreads typically from 1.7 pips (minimum 1.2 pips)
Commission (one-way) per standard lot = $20
Scalping and Expert advisors are allowed on this account
Leverage = 1:100
Digits quoted after the comma = 5
Margin call level = 50%
Stop-out level = 20%
Number of currency pairs available = 27

MirrorTrader Account:
Minimum account size = $2,500
Minimum position size = 0.1 lot
Variable spreads typically from 1.7 pips (minimum 1.2 pips)
Commission (one-way) per standard lot = $20
Scalping and Expert advisors are allowed on this account
Leverage = 1:100
Digits quoted after the comma = 5
Margin call level = 75%
Stop-out level = 50%
Number of currency pairs available = 27

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This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

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