Top 8 Locally Based Brokers
Windsor Brokers Forex Rebates
Overall, Windsor Brokers offers cashback on the Prime, Zero, and VIP ZERO Accounts of up to $10 per lot on silver trading. Kenyans can register an account with Windsor Brokers to earn up to 30% in rebates according to the financial instrument they trade.
- Louis Schoeman
Overall Rating
- 4.7/5
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
| 🏛 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 |
Windsor Brokers Forex Rebates – 5 key points quick overview:
Windsor Brokers Rebates System Overview
Windsor Brokers offers custom rebate packages for partners, which include the following benefits: up to $20 per traded lot, a detailed reporting system, multilingual support, a personal account manager, timely payments, and no fees from the partner’s side.
By partnering with Windsor Brokers, partners can receive customized rebate packages based on their trading volume and other requirements.
Furthermore, the rebate program is designed to incentivize partners to refer traders to Windsor Brokers, and the rebates are paid out based on the trading activity of the referred traders.
The rebates program for Kenyans who register with Windsor Brokers partners could mean up to $4 per lot on forex, $0.23 on indices, $6 – $10 on metals, and more.
In addition, with SA Shares, for instance, Kenyans can register an account with Windsor Brokers to earn up to 30% in rebates according to the financial instrument they trade and the account type they use when participating in the rebates program.
Windsor Brokers Rebates Payments
Windsor Brokers is one of many forex rebate providers in Kenya. Furthermore, the forex rebate bonus is available to partners who have referred traders to the platform. The rebates are based on the trading activity of the referred traders, and payments are made directly to the partner’s account.
The payment schedule and method may vary depending on the partner’s agreement with Windsor Brokers, but payments are typically made monthly or weekly. Windsor Brokers ensures that payments are always on time and there are no fees from the partner’s side.
Partners can access detailed reporting on their rebate earnings through the reporting system provided by Windsor Brokers.
| Prime Account | Zero Account | VIP ZERO Account | |
| 📈 Forex | $4 per lot | $1.50 per lot | $0.75 per lot |
| 🚀 Indices | $0.23 per lot | $0.23 per lot | $0.23 per lot |
| 💰 Precious Metals | $6 per lot on Gold, $10 per lot on Silver | $3 per lot on Gold, $7.50 on Silver | $2 per lot on Gold, $6.50 per lot on Silver |
| 📊 Energies | $2.25 per lot | $2.25 per lot | $2.25 per lot |
| 🌐 Shares | $0.55 per lot | $0.55 per lot | $0.55 per lot |
| 💳 Payment Frequency | Monthly cashbacks are available | Monthly cashbacks are available | Monthly cashbacks are available |
Windsor Brokers Conditions and Notes on Forex Rebates
- Traders who have registered an account via the CySEC and JSC entities are not eligible for the forex rebate program.
- Forex Trading rebates are available only to partners who refer traders to Windsor Brokers.
- Rebates are based on the trading activity of the referred traders and are paid directly to the partner’s account.
- The forex trading discounts and rebates percentages will vary depending on the trading volume and other factors.
- Windsor Brokers reserves the right to modify or terminate the forex rebate bonus at any given time.
- Rebate payments may be subject to tax reporting requirements in the partner’s jurisdiction, and partners are responsible for complying with any applicable tax laws.
How to Open a Forex Cashback Account with Windsor Brokers (via SAShares)
You can follow these steps to register for a Forex Cashback Account with Windsor Brokers via SAShares.
For New Accounts
If you do not have an existing account with Windsor Brokers, you can easily obtain a cashback rebate in three easy steps.
Step 1
Visit the Windsor Brokers website and click “Open Account.”
Step 2
Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New Windsor Brokers Rebate Application
“Dear SAShares Team,
Please view my Windsor Brokers Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Step 3
Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the Windsor Brokers system.
For Existing Accounts
If you have an existing Windsor Brokers account, you can get a cashback rebate by following these easy steps.
Step 1
Send an email to Windsor Brokers: [email protected]
Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear Windsor Brokers Partner/Affiliate Team,
I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
Step 2
Once you receive confirmation of the transfer from Windsor Brokers, you can create an additional trading account.
Step 3
Lastly, you can send your Trading or Client ID to [SAShares].
For Example:
To: [SAShares]
Subject: New Windsor Brokers Rebate Application
“Dear SAShares Team,
Please view my Windsor Brokers Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.
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
Frequently Asked Questions
Can Kenyan traders earn forex rebates with Windsor Brokers?
Forex rebates are available only to partners who refer traders to Windsor Brokers, so Kenyan traders can earn rebates by becoming partners and referring other traders to the platform.
How much can Kenyan partners earn in forex rebates with Windsor Brokers?
The rebate percentage may vary depending on the trading volume and other factors, but partners can earn up to $20 per traded lot.
How are forex rebates paid to Kenyan partners by Windsor Brokers?
Forex rebates are typically paid monthly or weekly, depending on the partner’s agreement with Windsor Brokers. The payments are made directly to the partner’s account.
Is there any cost or fee associated with receiving forex rebates for Kenyan partners from Windsor Brokers?
There are no fees from the partner’s side for receiving forex rebates from Windsor Brokers.
What support is available to Kenyan partners who earn forex rebates with Windsor Brokers?
Kenyan partners can benefit from multilingual support and a personal account manager to assist them with any questions or concerns regarding their rebate payments.
Can Kenyan partners track their forex rebates earnings with Windsor Brokers?
Yes, partners can access detailed reporting on their rebate earnings through the reporting system provided by Windsor Brokers.
What are the tax implications of earning forex rebates with Windsor Brokers for Kenyan partners?
Rebate payments may be subject to tax reporting requirements in Kenya, and partners are responsible for complying with any applicable tax laws.
Can Kenyan traders access forex rebates directly from Windsor Brokers?
Forex Trading rebates are available only to partners who refer traders to Windsor Brokers, so Kenyan traders cannot access rebates directly from the platform.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
