Top 8 Locally Based Brokers
Windsor Brokers Review
Overall, Windsor Brokers is considered low-risk, with an overall Trust Score of 88 out of 100. Windsor Brokers is licensed by two Tier-2 Regulators (average trust), and three Tier-3 Regulators (low trust). Windsor Brokers is currently not regulated by the CMA of Kenya
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.7/5
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Windsor Brokers Review in Kenya – 21 key points quick overview:
- ✅ Windsor Brokers Overview
- ✅ Windsor Brokers At a Glance
- ✅ Regulation and Safety of Funds
- Account Types and Features
- Account Registration
- Windsor Brokers Vs LiteFinance Vs eToro – Broker Comparison
- Trading Platforms
- Range of Markets
- Broker Comparison for Range of Markets
- Trading and Non-Trading Fees
- Deposits and Withdrawals
- How to Deposit Funds with Windsor Brokers
- Windsor Brokers Fund Withdrawal Process
- Education and Research
- Bonuses and Promotions
- How to open an Affiliate Account with Windsor Brokers
- Windsor Brokers Affiliate Program Features
- Windsor Brokers Corporate Social Responsibility
- Verdict on Windsor Brokers
- Windsor Brokers Pros and Cons
- FAQ
Windsor Brokers Overview
👉 Overall, Windsor Brokers is considered low-risk, with an overall Trust Score of 88 out of 100. Windsor Brokers is licensed by zero Tier-1 Regulators (high trust), two Tier-2 Regulators (average trust), and three Tier-3 Regulators (low trust). Windsor Brokers offers three different retail trading accounts namely an MT4 Prime Account, MT4 Zero Account, and VIP ZERO Account.
👉 Windsor Brokers is a leading investment firm that has been in operation since 1998. Recently, Windsor Brokers became the sixth CFD and Forex broker to receive regulation and authorization through the Capital Markets Authority (CMA) to offer financial services and products in Kenya.
👉 Windsor Brokers provides access to a broad range of assets through sophisticated trading platforms. Clients may rely on them for market research, instructional materials, and trading resources. In comparison to other brokers, their costs are not the lowest, and the best trading conditions need deposits of at least $2,500.
👉 Investing in technology, people, and a relentless emphasis on the company’s objective has been the key to its success and longevity, according to the broker.
👉 Over 100 trading products are available on the ever-popular MetaTrader 4 (MT4) platform. In addition, Windsor Brokers is actively involved in corporate social responsibility via sponsorships.
👉 This Windsor Brokers review will provide traders with the details that they need to consider whether the broker is suited to their unique trading objectives and needs.
Distribution of Traders
👉 The distribution of traders with Windsor Brokers is as follows:
➡️ Cyprus – 10.7%
➡️ Islamic Republic of Iran – 7.73%
➡️ Jordan – 7.49%
➡️ Turkey – 6.94%
➡️ Thailand – 5.19%
Popularity among traders who choose Windsor Brokers
🥇 Windsor Brokers is based in Kenya and offers local support to Kenyan traders, making it one of the Top 20 brokers for Kenyan traders.
Windsor Brokers At a Glance
| 🏛 Headquartered | Cyprus, Jordan, Kenya, Belize, Seychelles |
| ⚖️ Local Market Regulator in Kenya | Capital Markets Authority (CMA) |
| 💰 Foreign Direct Investment in Kenya | 1.3% of the overall GDP |
| 💸 Foreign Exchange Reserves in Kenya | 8.2 billion USD |
| 🏛 Local office in Nairobi? | Yes |
| ⚖️ Governor of SEC in Kenya | None |
| ✔️ Accepts Kenyan Traders? | Yes |
| 🗓 Year Founded | 1988 |
| 📞 Kenyan Office Contact Number | +254 205029240 |
| 📱 Social Media Platforms | • Facebook • YouTube |
| ⚖️ Regulation | FSC, CySEC, JSC, FSA, CMA |
| 1️⃣ Tier-1 Licenses | None |
| 2️⃣ Tier-2 Licenses | • Cyprus Securities and Exchange Commission (CySEC) • Capital Markets Authority (CMA) |
| 3️⃣ Tier-3 Licenses | • Financial Service Commission (FSC) Belize • Jordan Securities Commission (JSC) • Financial Services Authority (FSA) Seychelles |
| 🪪 License Number | • Belize – 000153/179, 000153/180 • Cyprus – 030/04 • Jordan – 200168191 • Seychelles – SD072 • Kenya – 156 |
| ⚖️ CMA Regulation | Yes |
| ❌ Regional Restrictions | United States |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 3 |
| ✔️ PAMM Accounts | No |
| 💧 Liquidity Providers | None |
| 💰 Affiliate Program | Yes |
| 💻 Order Execution | Instant, Market |
| 📊 Starting spread | 0.0 pips |
| 💰 Minimum Commission per Trade | $8 Round Turn |
| 💸 Decimal Pricing | Up to 5 digits after the comma |
| 📞 Margin Call | 100% |
| 🛑 Stop-Out | 50% |
| 💰 Minimum Trade Size | 0.01 lots |
| 💵 Maximum Trade Size | 50 lots |
| ✔️ Crypto trading offered? | Yes |
| ✔️ Offers a KES Account? | No |
| 👥 Dedicated Kenyan Account Manager? | No |
| 📈 Maximum Leverage | 1:400 for Kenya, 1:500 for other regions |
| 📋 Leverage Restrictions for Kenya? | Yes, Kenyans can only use leverage up to 1:400 |
| 💰 Minimum Deposit (KES) | 11,500 KES or an equivalent to $100 |
| ✔️ Kenyan shilling Deposits Allowed? | No |
| 👥 Active Kenyan Trader Stats | 70,000+ |
| 🤝 Active Kenyan-based Windsor Brokers customers | Unknown |
| 💰 Kenya Daily Forex Turnover | $100 million+ |
| 💵 Deposit and Withdrawal Options | • Credit Card • Debit Card • Bank Wire Transfer • Skrill • Neteller • WebMoney |
| ⏰ Minimum Withdrawal Time | Instant |
| 🕙 Maximum Estimated Withdrawal Time | Maximum 5 to 7 working days |
| ✔️ Instant Deposits and Instant Withdrawals? | Yes |
| 🏧 Segregated Accounts with Kenyan Banks? | No |
| 💻 Trading Platforms | • MetaTrader 4 • Windsor Brokers App |
| 💵 Tradable Assets | • Forex • Spot Metals • Energies • Soft Commodities • Indices • Treasuries • Spot Indices • Forex CFDs • Precious Metals • Shares • Crypto CFDs |
| ✔️ Offers USD/KES currency pair? | No |
| 📊 USD/KES Average Spread | N/A |
| ✔️ Offers Kenyan Stocks and CFDs | None |
| 🗣 Languages supported on the Website | English, Arabic, Chinese Simplified, French, Malaysian, Korean, Thai, Indonesian, Vietnamese, Spanish, Japanese, Portuguese |
| 📞 Customer Support Languages | Multilingual |
| ✔️ Copy Trading Support | No |
| ⏰ Customer Service Hours | 24/5 |
| 🧑💻 Kenyan-based customer support? | Yes, via Email, Live Chat, and Telephone |
| 💰 Bonuses and Promotions for Kenyans | Yes |
| 📚 Education for Kenyan beginners | Yes |
| ✔️ Proprietary trading software | Yes |
| 🥇 Most Successful Kenyan Trader | Patrick Mahinge (Net Worth – Private) |
| ✔️ Is Windsor Brokers a safe broker for Kenyans? | Yes |
| 🥇 Rating for Windsor Brokers Kenya | 7/10 |
| 🎖 Trust score for Windsor Brokers Kenya | 88% |
| 👉 Open Account | 👉 Open Account |
Regulation and Safety of Funds
👉 The Cyprus Securities and Exchange Commission (CySEC) has licensed Windsor Brokers Ltd, a Cypriot investment firm, under license number 030/4. In complying with MiFID, the broker is permitted to offer its services within the European Economic Area (EEA).
👉 Windsor Brokers Ltd. is a member of the Investors Compensation Funds (ICF) and if the broker goes bankrupt, the ICF is prepared to compensate traders and investors who are qualified to the maximum of €20,000.
👉 The International Financial Service Commission (IFSC) of Belize has approved and regulated Windsor Brokers (BZ) Ltd. For the worldwide website, www.Windsorbrokers.com, this branch of the Windsor brand is responsible.
👉 Through the Jordanian company “Seldon Investments Ltd,” Windsor Brokers provides services to Jordan and the rest of the Arab world. The ‘Jordan Securities Commission’ is responsible for authorizing and regulating it (JSC).
👉 In addition, all customer monies are segregated and deposited in the best-rated institutions by Windsor Brokers. Compliance with regulations is guaranteed here.
👉 There are segregated funds, which are not utilized to pay off debts but to reimburse investors’ deposits in the event of a financial crisis or bankruptcy for the broker.
👉 For the time being, Windsor Brokers is unable to assist customers in the United States, Japan, Belgium, or Belize.
Account Types and Features
👉 Windsor Brokers offers traders the option to register three different retail account types namely:
➡️ MT4 Zero Account
➡️ MT4 Prime Account
➡️ VIP ZERO Account
Live Trading Accounts
MT4 Zero Account
👉 This is the type of account that is suited to high-frequency and high-volume experienced Kenyan traders, with the following features:
| Account Feature | Value |
| 💵 Minimum Deposit | 280,000 KES or an equivalent to $2,500 |
| 📊 Average spreads | From 0.0 pips |
| 💸 Commission charges | $8 Round Turn |
| 📈 Maximum Leverage | 1:500 for other regions, 1:400 for Kenya |
| 📉 Minimum Trade Volume | 0.01 lots |
| ⬆️ Maximum Trade Volume | 50 lots |
| ✔️ Hedging Allowed? | Yes |
| ☪️ Islamic Account? | Not available |
| ✔️ Negative Balance Protection? | Yes |
| 👥 Personal Account Manager offered? | Yes |
| 💰 Account base currencies | USD, EUR, GBP, or JPY |
| ✔️ Training offered? | No |
| 🛑 Stop-Out | 20% |
| 📞 Margin Call | 100% |
MT4 Prime Account
| Account Feature | Value |
| 💵 Minimum Deposit | 11,500 KES or an equivalent to $100 |
| 📊 Average spreads | From 1 pip |
| 💸 Commission charges | None |
| 📈 Maximum Leverage | 1:500 for other regions, 1:400 for Kenya |
| 📉 Minimum Trade Volume | 0.01 lots |
| ⬆️ Maximum Trade Volume | 50 lots |
| ✔️ Hedging Allowed? | Yes |
| ☪️ Islamic Account? | Yes |
| ✔️ Negative Balance Protection? | Yes |
| 👥 Personal Account Manager offered? | Yes |
| 💰 Account base currencies | USD, EUR, GBP, or JPY |
| ✔️ Training offered? | Yes |
| 🛑 Stop-Out | 20% |
| 📞 Margin Call | 100% |
VIP ZERO Account
👉 For experienced traders with the necessary funds, this account is the best option. Only those with a ‘Zero trading account’ may upgrade. You will get access to one-on-one meetings with Windsor Brokers’ technical analysts, cheaper commissions, and more.
Demo Account
👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
👉 There is a certain degree of risk involved when trading financial markets and Windsor Brokers offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.
👉 For testing reasons, demo accounts are offered, and it comes with a virtual currency fund of $50,000 that has already been preloaded onto the account.
Islamic Account
👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
👉 Windsor Brokers offers the option for an Islamic or Swap-Free Account on the MT4 Prime Account only. Traders who want to use this account must first register an MT4 Prime Account and complete the full verification before they can request an account conversion.
Account Registration
👉 To register an account with Windsor Brokers, Kenyan traders can follow these steps:
➡️ Navigate to the Windsor Brokers website and click on “Open Account”
➡️ Complete the User Portal registration that loads by providing some personal information.
➡️ Kenyans can verify the email address that they provided and log into the User Portal.
➡️ Here, traders can complete the rest of the account registration and account verification.
➡️ Once complete, traders can fund their trading accounts and start trading.
Windsor Brokers Vs LiteFinance Vs eToro – Broker Comparison
| 🥇 Windsor Brokers | 🥈 LiteFinace | 🥉 eToro | |
| ⚖️ Regulation | FSC, CySEC, JSC, FSA, CMA | CySEC | CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, SIPC |
| 📱 Trading Platform | • MetaTrader 4 • Windsor Brokers App | • MetaTrader 4 • MetaTrader 5 • LiteFinance Social • Trading Platform • LiteFinance Trading App | eToro proprietary platform |
| 💸 Withdrawal Fee | Yes | No | Yes |
| 💻 Demo Account | Yes | Yes | Yes |
| 💵 Min Deposit | 11,500 KES | 5,700 KES | 23,000 KES |
| 📊 Leverage | • 1:400 Kenya • 1:500 Other regions | 1:500 | • 1:30 (Retail) • 1:400 (Professional) |
| 📊 Spread | From 0.0 pips | From 0.0 pips | From 1 pip |
| 💰 Commissions | $8 Round Turn | $0.25 per share on Stock Indices | None |
| 🛑 Margin Call/Stop-Out | 100%/20% | 100%/20% | None indicated |
| 💵 Order Execution | Market, Instant | Market/Instant | Market/Instant |
| 💰 No-Deposit Bonus | Yes | No | No |
| 💵 Cent Accounts | No | No | No |
| 💻 Account Types | • MT4 Zero Account • MT4 Prime Account • VIP ZERO | • ECN Account • Classic Account | • Retail Account • Professional Account |
| ⚖️ CMA Regulation | Yes | No | No |
| 💸 KES Deposits | No | Yes | No |
| 💰 Kenyan shilling Account | No | No | No |
| 📞 Customer Service Hours | 24/5 | 24/5 | 24/6 |
| 🛍 Retail Investor Accounts | 3 | 2 | 1 |
| ☪️ Islamic Account | Yes | No | Yes |
| 💵 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 50 lots | 100 lots | Depends on the instrument and account balance |
| ⏰ Minimum Withdrawal Time | Instant | Instant | Instant |
| 💻 Maximum Estimated Withdrawal Time | Maximum 5 to 7 working days | Up to 5 working days | Up to 10 Working Days |
| 💵 Instant Deposits and Instant Withdrawals? | Yes | Yes | Yes |
Trading Platforms
👉 Windsor Brokers offers Kenyan traders a choice between these trading platforms:
➡️ MetaTrader 4
➡️ Windsor Brokers App
Desktop Platforms
➡️ MetaTrader 4
👉 Whether you are a skilled forex trader or a newbie investor, the MetaTrader 4 is suited for traders of all skill levels. Its sophisticated charting tools, a big number of indicators and algorithmic trading capability have made it one of the most extensively used trading platforms in the business.
👉 The MT4’s ease of use, dynamic security system, and multi-device features let you trade with ease and comfort, maximizing your trading efforts.
WebTrader Platforms
➡️ MetaTrader 4
👉 Because it is only accessible via a web browser, this version is vailable on almost any device running any version of the operating system. It does not need the installation of any other software. Fast and adaptable, MT4 is an innovative trading platform.
👉 Under its multi-platform compatibility, MetaTrader 4 (MT4) has informally established itself as the “global standard” in the forex trading business.
Trading App
➡️ MetaTrader 4
➡️ Windsor Brokers App
MetaTrader 4
👉 MetaTrader 4 is one of the most popular trading platforms in the industry and it has a mobile app that can be downloaded and installed on any iOS and Android device. Some of the following are features that Kenyans can expect from MT4 mobile:
➡️ Customizable layouts, charts, windows, and colors to meet the tastes of the traders using the platform.
➡️ The ‘market watch’ window, which may be customized to show quotations for traders’ favorite instruments, shows real-time quotes for all traded assets.
➡️ It is possible to use three different chart styles over nine different periods, from M1 to MN.
➡️ Plugin programs may be used to add hundreds of additional indications.
➡️ In-depth technical analysis requires the use of 24 analytical tools.
Windsor Brokers App
👉 With the Windsor Brokers app, you can do more and become better at trading. Maintain a close eye on the current market conditions, analyse your trading results, and manage your account with ease with these tools.
👉 To make sure you never miss a trading opportunity, industry professionals created the app to be both straightforward and user-friendly. Some prominent features of the app include:
➡️ Get Real-Time Market and Notifications in the form of Push Notifications on your phone
➡️ Assess and refine overall trading performance
➡️ Intuitive Account Management
Range of Markets
👉 Kenyan traders can expect the following range of markets from Windsor Brokers:
➡️ Forex
➡️ Spot Metals
➡️ Energies
➡️ Soft Commodities
➡️ Indices
➡️ Treasuries
➡️ Spot Indices
➡️ Forex CFDs
➡️ Precious Metals
➡️ Shares
➡️ Crypto CFDs
Broker Comparison for Range of Markets
| 🥇 Windsor Brokers | 🥈 LiteFinance | 🥉 eToro | |
| ➡️ Forex | Yes | Yes | Yes |
| ➡️ Precious Metals | Yes | Yes | Yes |
| ➡️ ETFs | No | No | Yes |
| ➡️ CFDs | Yes | Yes | Yes |
| ➡️ Indices | Yes | Yes | Yes |
| ➡️ Stocks | Yes | Yes | Yes |
| ➡️ Cryptocurrency | No | No | No |
| ➡️ Options | No | No | No |
| ➡️ Energies | Yes | Yes | Yes |
| ➡️ Bonds | No | No | No |
Trading and Non-Trading Fees
Spreads
👉 The spreads that Kenyans can expect will depend on the account type that they use, with average spreads as follows:
➡️ MT4 Zero Account – from 0.0 pips
➡️ MT4 Prime Account – from 1 pip
👉 Some other typical spreads that traders can expect are as follows:
| 🔧 Instrument | 0️⃣ MT4 Zero | 📊 MT4 Prime |
| EUR/USD | 0.0 pips | 1 pip |
| XAU/USD | 0.08 pips | 0.2 pips |
| XAG/USD | 0.013 pips | 0.01 pips |
| US Crude Oil CFDs | 0.03 pips | 0.03 pips |
| Copper | 0.002 pips | 0.002 pips |
| US Crude Oil Spot | 0.04 pips | 0.03 pips |
| Spot Indices | 1.6 pips | 1.6 pips |
| Treasuries | From 0.01 pips | From 0.01 pips |
| Indices | From 0.02 pips | From 0.02 pips |
| XRP/USD | 0.0065 | 0.0065 |
Commissions
👉 Commissions are only charged on the MT4 Zero Account and Kenyans can expect to pay $8 per round turn.
Overnight Fees, Rollovers, or Swaps
👉 Overnight fees are charged/debited according to the instrument that is being held, the position size, whether traders are holding a buy/sell position and the overall interbank rates.
Deposit and Withdrawal Fees
👉 While deposit fees are not charged by Windsor Brokers, the following withdrawal fees are applied:
➡️ Debit Card – $3, €3, or £3
➡️ Credit Card – $3, €3, or £3
➡️ Bank Wire Transfer – Varies depending on the withdrawal
➡️ Skrill – 1% with a minimum of 3 units in USD, EUR, GBP, COP, or INR
➡️ Neteller – Between $3, €3, or £3
➡️ WebMoney – 0.8%
Overall Rating
- 4.7/5
Min Deposit
USD 100 / 11667 KES
Regulators
CySEC
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Deposits and Withdrawals
👉 Windsor Brokers offers the following deposit and withdrawal methods:
➡️ Credit Card
➡️ Debit Card
➡️ Bank Wire Transfer
➡️ Skrill
➡️ Neteller
➡️ WebMoney
Deposit Currencies, Min and Max Deposit and Withdrawal Amounts, and Processing Times
| 💰 Payment Method | 💵 Deposit Currencies | 💳 Withdrawal Currencies | 💸 Deposit Processing | ⏰ Withdrawal Processing | ⬆️ Max Deposit | 💰 Max Withdrawal |
| Credit Card | USD | USD, EUR, GBP | Same Day | Same Day | 25,000 units | None |
| Debit Card | USD | USD, EUR, GBP | Same Day | Same Day | 25,000 units | None |
| Bank Wire Transfer | USD, EUR, KWD | USD, EUR, KWD | 5 to 7 days maximum | 5 to 7 days maximum | None | None |
| Skrill | USD, GBP, EUR, INR | USD, GBP, EUR, INR | Instant | Same Day | None | None |
| Neteller | USD, GBP, EUR, INR | USD, GBP, EUR, INR | Instant | Same Day | None | None |
| WebMoney | USD | USD | Instant | Same Day | None | None |
How to Deposit Funds with Windsor Brokers
👉 To deposit funds to an account with Windsor Brokers, Kenyan traders can follow these steps:
➡️ Sign into their User Portal and select the option to deposit funds
➡️ Choose a deposit method and provide the amount to be deposited and the deposit currency
➡️ Follow further actions required from the preferred payment provider
➡️ Confirm the deposit
Windsor Brokers Fund Withdrawal Process
👉 To withdraw funds from an account with Windsor Brokers, Kenyan traders can follow these steps:
➡️ Sign in to the User portal and select the option to withdraw funds
➡️ Choose the same deposit method that was used with account funding, provide a withdrawal amount, and submit the withdrawal request
Education and Research
👉 Windsor Brokers offers the following Educational Materials:
➡️ Videos
➡️ Glossary
➡️ Free eBooks
👉 Windsor Brokers offers Kenyan traders the following Research and Trading Tools:
➡️ Analysis
➡️ Blog
➡️ Economic Calendar
➡️ Forex Calculators
➡️ Market Holidays
Bonuses and Promotions
👉 Windsor Brokers offers Kenyan traders the following bonuses and promotions:
➡️ Free Account preloaded with $30 when traders register a new Prime Account with their base currency set to either USD, EUR, GBP, or JPY.
➡️ A deposit bonus of up to $10,000
➡️ A loyalty program that allows Kenyans to redeem points for their trading balance and activity
Overall Rating
- 4.7/5
Min Deposit
USD 100 / 11667 KES
Regulators
CySEC
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
How to open an Affiliate Account with Windsor Brokers
👉 To register an Affiliate Account, Kenyans can follow these steps:
➡️ Visit the official Windsor Brokers website and navigate to “Partners” from the homepage.
➡️ Select the option to “Join Now” and complete the Partners Portal Registration by selecting “sign up” and completing the registration form.
➡️ Choose from the list of available options either as a Business Introducer, Web Affiliate, White Label, Liquidity Services, or a Referral.
➡️ Access the Partners Portal to receive the package and promotional materials to get started.
Windsor Brokers Affiliate Program Features
👉 Affiliate marketing has quickly become one of the most popular and lucrative internet marketing tactics. When a company pays its affiliates for each new trading account opened because of traffic, they have sent their way, this is known as pay-for-performance. Some of the key features of the Windsor Brokers affiliate program are:
➡️ It is easy, fast, and flexible to set up and get started
➡️ There are several rewarding packages to choose from
➡️ Affiliates have access to comprehensive tracking capabilities
➡️ There are no setup costs involved
➡️ There is a comprehensive and detailed reporting system offered
Windsor Brokers Corporate Social Responsibility
👉 Windsor Brokers is committed to Corporate Social Responsibility by being part of several initiatives, including the following:
➡️ Distributing 3,000 meals during Ramadan in Jordan.
➡️ Sponsoring Canoe-Kayak champions like Christos Dylan Christodoulou.
➡️ Collaborating with Rotaract Club of Limassol Berengaria Cosmopolitan for Rock Aid, which raises funds to build a school in Milimani Juja, addressing issues surrounding illiteracy in Kenya.
Verdict on Windsor Brokers
👉 Windsor Brokers is a well-respected and award-winning internet broker. The firm has shown its strength and dependability through its years of expertise. Customers’ money is safe since it is a regulated brand that has put in place adequate security procedures.
👉 The MT4 Accounts and the VIP ZERO Account cater for traders despite their trading experience and skill. The accessible platforms are sophisticated and suitable for both novice and seasoned traders.
👉 The experts at Window Brokers are diligent, giving daily market analysis, trading recommendations, and webinars for traders.
👉 However, the broker imposes withdrawal costs, and there are no social trading platforms or managed portfolios. To receive the greatest trading circumstances, they also need a big down payment. When compared to other trading firms, the spreads supplied are not the cheapest.
Windsor Brokers Pros and Cons
| ✔️ Pros | ❌ Cons |
| Windsor Brokers is well-regulated | The best trading conditions require a more premium account, which has a higher minimum deposit |
| There is a selection of forex and CFD instruments to choose from | There are withdrawal fees charged |
| There are modern platforms offered across devices | The Islamic account is only available on one trading account |
| There is multilingual customer support | There is no KES-denominated trading account and local deposits/withdrawals are not offered to Kenyans |
| There are several promotions and the benefit that a no-deposit bonus is offered | |
| There are several educational materials offered | |
| There are transparent fee schedules | |
| There is an expert market analysis offered |
FAQ
Is Windsor Brokers a good broker?
Yes, Windsor Brokers is a reputable broker offering a wide range of account types and price structures integrated into commissions or spreads, as well as several platforms and educational resources.
However, Windsor Brokers does not provide round-the-clock customer service, and its Prime Account spreads are greater than the industry average.
Is Windsor Brokers a Market Maker broker?
Yes, Windsor Brokers is a Market Maker broker. Windsor Brokers, as a market maker, may have less stringent entry requirements than an ECN broker, which benefits from a higher volume of transactions but often requires more capital and minimum trading volume.
Does Windsor Brokers have Nasdaq?
Yes, Windsor Brokers offers Nasdaq. Windsor Brokers is an independent market maker and premier broker that provides customers with access to Foreign Exchange Markets, Stock Indices, Precious Metals, CFDs, and other commodities that are traded on major international exchanges.
Stock indices are traded on Nasdaq, Dow Jones, and S&P 500 and Windsor Brokers offers several other popular indices.
How do I deposit with Windsor Brokers?
You can use E-wallet deposits (Neteller, WebMoney, Skrill) as well as Bank Wire where you could be required to visit your bank to complete your transaction using this option. Traders must remember that funds must be withdrawn to the same bank account as was used to make the deposit.
What is the overall rating for Windsor Brokers?
We give Windsor Brokers an overall rating of 7/10. Our overall rating on Windsor Brokers is based on the broker’s trading conditions, range of trading accounts, powerful trading software, and regulatory status.
However, Windsor Brokers does not offer a KES-denominated account or local deposit and withdrawal options for Kenyans. In addition, there is a limited range of funding and withdrawal options available and only a few accepted deposit and base account currencies.
Addendum/Disclosure:
👉 No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
