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SunshineForex.com Review

Updated: Nov 30, 2018
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Website is down. Company seems to be out of business.

Performance tests

StatusAccountProductP/L Weekly,%Weeks testedP/L Gross,%
Sunshine Forex - Phoenix-0.678-37.464

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Forex Peace Army

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Maui / HI / USA,
Apr 5, 2010,

Very amateurish performance. After just about a month I closed down my account with a 22% loss. Not that I cannot take a draw down like that, even if it's right from the get-go. But if an obvious trading mistake is being made and even admitted to without any form of recourse, then I feel my money is not in the best hands here, despite the fancy web page and the great past performance record. At some point they had entered a silver trade, then added to the position, and then placed a stop without writing down the order number. Not really very professional.
Without an order number, and Oanda denying there ever was a stop, they suddenly realized that the position was down some 10% and closed out. This is unacceptable if the maximum stop loss per position is supposed to be 3%. The trading after that little 'accident' has at best been 'skittish', with tiny profits taken and losing positions held for way too long, just the same we all know from our own trading, when things haven't gone as they should and we desperately try to at least get back to where we started.
So all in all, Sunshine was quite a sun downer for me.
Jan 10, 2010,

Trading on client accounts begin tomorrow, 11th Jan 2010. We are being live tested for performance at FPA. Please read our disclaimer carefully at the performance testing page. Visit our site for acquiring latest and accurate results on our accounts.
The customer accounts are traded with a risk of 1-2% per trade.

Best Regards
Sunshine Forex
Dec 29, 2009,

Thanks FPA for listing us here. We are currently on a vaccation and will resume our trading from 11Jan2010.

Happy New Year to everyone.May god bless you all.

Best Regards
Sunshine Forex