Top 8 Locally Based Brokers
Windsor Brokers Minimum Deposit
Overall, the minimum deposit amount required to register a live trading account is $100, this minimum deposit is equivalent to 11 940 KES. 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).
- Louis Schoeman
Jump to:
Minimum Deposit Overview
Deposit Fees and Methods
Step By Step guide to depositing the Minimum Deposit
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.7/5
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Windsor Brokers Minimum Deposit – 6 key points quick overview:
Windsor Brokers Minimum Deposit
Windsor Brokers charges a minimum deposit amount of $100.
Per the exchange rate between the US Dollar and the Kenyan Shilling, this equals 13,600 KES. This is the lowest minimum deposit amount; other accounts have much higher requirements. For instance, the MT4 Zero Account requires $2,500 and the VIP ZERO $20,000.
Windsor Brokers is well-regulated by Kenya’s Capital Markets Authority (CMA) and several other reputable authorities. Furthermore, Windsor Brokers separates all client funds from top-tier banks away from the broker account.
This strict regulation builds investor confidence and gives Kenyans peace of mind that their funds are not used for activities except trading. Furthermore, Windsor Brokers also has several other policies and security measures to protect clients and their funds.
Deposit fees and deposit methods
Windsor Brokers does not charge any deposit fees, and Kenyans can use these methods to deposit the minimum amount:
- Credit Card
- Debit Card
- Bank Wire Transfer
- Skrill
- Neteller
- WebMoney
When making a minimum deposit into a live trading account with Windsor Brokers, South African traders can choose between these deposit currencies:
- USD
- EUR
- KWD
- GBP
- COP
- INR
A step-by-step guide to depositing the minimum amount
To deposit the minimum amount with Windsor Brokers, Kenyans can follow these steps:
Step 1 – Log in
Log in to your Windsor Brokers account or register for a new account if you have not already.
Step 2 – Select “Deposit Funds”
Select “Deposit Funds” from the main menu of your account’s dashboard.
Step 3 – Select a deposit method
Select the deposit method, such as credit/debit card, bank transfer, or e-wallet, from the available options.
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
Windsor Brokers Pros and Cons
| ✔️ Pros | ❌ Cons |
| Deposit fees are not charged | Windsor Brokers has limited payment methods for deposits |
| Windsor Brokers is well-regulated in Kenya by the CMA, among other reputable regulatory entities worldwide | There are limited deposit currencies, and KES is not supported |
| All client funds are kept in segregated accounts | |
| The $100 minimum deposit for the Prime Account is an industry standard charged by many other brokers | |
| Kenyans can choose from reliable and flexible options |
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.
Frequently asked questions
What minimum deposit is required to open a trading account with Windsor Brokers?
The minimum deposit required to open a trading account with Windsor Brokers varies depending on the account type and the deposit method. Typically, the minimum deposit is $100.
What deposit methods are available for funding a trading account with Windsor Brokers?
Windsor Brokers provides a range of deposit methods, including bank transfer, credit/debit cards, and e-wallets such as Skrill and Neteller. The availability of each deposit method may depend on the country of residence.
Are any fees or charges associated with depositing funds into a trading account?
Windsor Brokers does not charge any deposit fees. However, some payment providers or banks might charge transaction or currency conversion fees.
How long does it take for funds to be credited to a trading account after making a deposit?
The time it takes for funds to be credited to a trading account after making a deposit depends on the selected deposit method.
For example, some methods, such as credit/debit card deposits, are processed instantly, while bank transfers can take a few business days.
What payment options are available for Kenyan traders to deposit funds into their trading accounts with Windsor Brokers?
Kenyan traders can deposit funds into their trading accounts with Windsor Brokers using bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller.
Can I deposit funds into my trading account with Windsor Brokers using my credit/debit card?
Yes, credit/debit card deposits are one of the available deposit methods for funding a trading account with Windsor Brokers.
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.
