BirdEye (birdeye5.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: birdeye5.com.
Do not be fooled by the professional-looking website. Behind the scenes, BirdEye (birdeye5.com) is disorganized and incompetent. I found them after attending a webinar they hosted and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Economic calendar|Regular platform improvements|Competitive fees
Cons: Inactivity fee applies after 12 months
What really bothers me about BirdEye (birdeye5.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a trusted YouTuber reviewed them and I fell for the polished exterior. Never again.
Pros: Helpful community forum|Clear documentation|Good analytical tools|Detailed reporting
Cons: Limited social trading features
After for a couple of months now with BirdEye (birdeye5.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Wide product range|Easy to use platform|Fast deposits
Cons: Nothing significant
I signed up with BirdEye (birdeye5.com) after doing extensive research and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Responsive team|Regular updates|Market news feed|Helpful community forum
Cons: Research section could be deeper
If you are reading this considering BirdEye (birdeye5.com) - run. I wish I had read more negative reviews after a friend recommended them. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Dedicated account manager|High security standards|Transparent fees|Real-time alerts
Cons: Account statements could be more detailed|No integrated tax optimization
I closed a profitable position at BirdEye (birdeye5.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Risk management tools|Fast support response|Dividend tracking|Automated trading options
Cons: Desktop app not available on Linux|Website design could be more modern
My withdrawal from BirdEye (birdeye5.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about five months of being strung along.
Pros: Market news feed|Demo account available
Cons: Charting tools need more indicators|Website design could be more modern
BirdEye (birdeye5.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Great customer service|API access|Clean UI
Cons: Search feature is basic
After using BirdEye (birdeye5.com) for close to eighteen months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Personal attention|Easy withdrawals|Fast execution|Copy trading available
Cons: Minimum deposit could be lower|Limited cryptocurrency options