There is a discussion about them on FF. It's the usual story, no sign of being regulated, at least one address seems to be a virtual office etc. Why risk it?
http://www.forexfactory.com/showthread.php?t=282266
Where are they regulated?
BastianRuben
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Hello, my name is Bastian Rubben and I am Sunbird's chief analyst. Sunbirdfx is in the middle of a process of getting certified by the leading regulating authorities. However, from Sunbird's point of view, we are providing services in the highest standards, which are above the obligations of the regulators.
Our client's money is 100% separated from the companies regular activity and any deposit/withdrawal request is handled in quickly as possible. Likewise, Sunbird's provide advanced technology that allows you trading directly to the forex market. No requotes and no dealing desk. I invite you to trade with Sunbirdfx and test any aspect, from money handling to platform performance.
So youre not regulated then. Which third world island are you located on?
well said!..........fully agree
I had been trading with SunBird Fx since July 2011.
At first, this broker was very good. stable server, quick deposit funds and withdrawal... Withdrawal of funds to the credit card was executed by the next business day, I had been able to confirm it within 10 days.
But now, after 3 weeks passed from my withdrawal request, I can't confirm withdrawal yet. Even though I contacted them, I didn't obtain a satisfactory answer. Until I confirm it. I will continue to update this review.
At first, this broker was very good. stable server, quick deposit funds and withdrawal... Withdrawal of funds to the credit card was executed by the next business day, I had been able to confirm it within 10 days.
But now, after 3 weeks passed from my withdrawal request, I can't confirm withdrawal yet. Even though I contacted them, I didn't obtain a satisfactory answer. Until I confirm it. I will continue to update this review.
And who would they be (plural)? Please don't say it's 'confidential' because getting authorised for a financial firm is hardly secret news. In fact for an online FX shop they should be singing the fact.
I am very surprised that traders are still doubting to trade with brokers that are not regulated yet after what happened to Refko and now to MFGlobal, the regulation cant guarantee you anything.
YOu make a very good point there Sara even if you're (probably) shilling for Sun Bird. However, at least MF Global had the decency to put their address on their website, Sunbird doesn't and anyone who deposits money with a financial firm who won't reveal their address is a moron.
I received a call from the credit card company, I had a confirmation of payment.
I think SunbirdFX ran properly refund processing.
However, They were uncooperative for my query about refund.
I think there is a cause that my contact person is a sales representative.
He is making an effort to be credited from the customer, but he is cold to the customer to withdraw.
I think contact person of the withdrawal funds should be in the back office.
