Windsor Brokers Kenya

Windsor Brokers in Kenya

World of trading opportunities

Windsor Brokers Kenya

Windsor Brokers, a forex and CFD broker operating since 1988, has established a presence in Kenya. This article provides an objective analysis of Windsor Brokers’ services in the Kenyan market, including regulatory information, account types, trading platforms, and financial instruments available to Kenyan traders.

Regulatory Status in Kenya

Windsor Markets (Kenya) Limited operates under the Windsor Brokers brand in Kenya. The company holds license number 156 from the Capital Markets Authority (CMA) of Kenya. Office location: 5th floor, Park Place offices, junction of 2nd Parklands road and Limuru Road, LR NO. 209/4201, Nairobi, Kenya

Account Types

Windsor Brokers offers two primary account types for Kenyan traders:
  1. Prime Account
  2. Zero Account

Account Comparison

Feature Prime Account Zero Account
Minimum Deposit $100 $2,500
Spreads From 1.0 pips From 0.0 pips
Commission No commission $8 per round turn
Maximum Leverage 1:500 1:500
Minimum Trade Size 0.01 lots 0.01 lots
Maximum Trade Size 50 lots 50 lots
Hedging Allowed Allowed
Scalping Allowed Allowed
Islamic Account Option Available Not available
Negative Balance Protection Yes Yes
Trading Platforms Windsor Brokers

MT4 Platform Features

  • Advanced charting tools
  • Multiple order types
  • Expert Advisors (EAs) for automated trading
  • Custom indicators
  • One-click trading
  • Market depth information

Trading Platforms

Windsor Brokers provides access to the MetaTrader 4 (MT4) platform for Kenyan traders. The platform is available in several versions:

  1. MT4 Desktop
  2. MT4 WebTrader
  3. MT4 Mobile (iOS and Android)
  4. MT4 Multiterminal (for managing multiple accounts)

Financial Instruments

Kenyan traders can access various financial instruments through Windsor Brokers:
  1. Forex: Over 40 currency pairs
  2. Indices: 14 major global indices
  3. Commodities: Gold, silver, oil, and other commodities
  4. Shares: CFDs on international stocks
  5. Bonds: Government bond CFDs

Available Forex Pairs

Major Pairs Minor Pairs Exotic Pairs
EUR/USD EUR/GBP USD/ZAR
GBP/USD GBP/JPY EUR/TRY
USD/JPY EUR/AUD USD/MXN
USD/CHF AUD/CAD USD/NOK
AUD/USD NZD/USD USD/SEK

Deposit and Withdrawal Methods

Windsor Brokers offers several payment options for Kenyan traders:
  1. Bank Wire Transfer
  2. Credit/Debit Cards (Visa, Mastercard)
  3. E-wallets (Skrill, Neteller)
  4. M-Pesa (specific to Kenya)

Payment Method Comparison

Method Minimum Deposit Processing Time Fees
Bank Wire $100 1-5 business days Bank charges may apply
Credit/Debit Cards $100 Instant No fees
E-wallets $100 Instant No fees
M-Pesa 1,000 KES Instant No fees
Note: Withdrawal processing time is within 24 hours, but the actual time for funds to reach your account may vary depending on the payment method.
Windsor brokers Kenya

Advanced Education Program

  • Structured courses for beginners and advanced traders
  • Live trading sessions with experts
  • In-depth technical and fundamental analysis
  • Customized risk management strategies
  • Downloadable resource library

Educational Resources

Windsor Brokers provides educational materials for Kenyan traders:

  1. Video tutorials
  2. Webinars
  3. Economic calendar
  4. Market analysis
  5. Forex calculators

Customer Support

Kenyan traders can contact Windsor Brokers’ customer support through:

Support is available in English and Swahili.

Support Hours

DayHours
Monday to Friday24 hours
Saturday10:00 – 18:00 EAT
SundayClosed

Comparison with Other Brokers

When comparing Windsor Brokers to other options in Kenya, consider the following factors:

  1. Regulation: Ensure the broker is regulated by the CMA
  2. Trading costs: Compare spreads, commissions, and fees
  3. Available instruments: Check if the broker offers the assets you want to trade
  4. Trading platforms: Evaluate the user-friendliness and features of the platforms
  5. Customer support: Consider the availability and quality of customer service
  6. Educational resources: Assess the depth and variety of educational materials

Affiliate Program

Windsor Brokers offers an affiliate program for Kenyan traders:

  1. Competitive commissions
  2. Customized marketing materials
  3. Dedicated affiliate support
  4. Timely monthly payments
  5. Tiered commission structure

Pros and Cons of Windsor Brokers in Kenya

Pros:

  • Regulated by the CMA
  • Offers MT4 platform
  • Competitive spreads
  • Negative balance protection
  • Multiple account types

Cons:

  • Limited choice of trading platforms
  • Higher minimum deposit for Zero account
  • No cryptocurrency trading

Reviews

Below you can read testimonials about our platform:

“i totally recommend. minimum deposit of $20 with fast deposit and withdrawal. Excellent copytrade platform” – Joao

“After using the platform for almost two years I can sayit is very good. The easiest platform to use as far as Iknow. Keep the good work guys!” – Andri

“The team are really quick to respond to requestsand issues. They managed to change the maximumposition size for the lots wanted which is reallyhelpful would recommend this broker purely basedon the customer service alone, thank you!” – Quentin

“Withdrawing from Windsor is not troublesome at all, it is always timely. The payment handling fee is also reasonable. The broker and IB will not charge you a commission at the same time, which means you don’t need to pay twice.” – charlesd

FAQ

To open an account:

  1. Visit the Windsor Brokers website
  2. Click “Open Account”
  3. Fill in personal information
  4. Choose account type (Prime or Zero)
  5. Upload identification documents
  6. Await account verification (usually 1-2 business days)
  7. Fund your account and start trading

Windsor Brokers offers leverage up to 1:500 for Kenyan traders. However, it’s crucial to understand the risks associated with high leverage. Use risk management tools and trade responsibly.

Windsor Brokers does not currently charge inactivity fees on trading accounts. However, it’s advisable to check the current terms and conditions, as policies may change over time.