Windsor is a forex and CFD broker that claims to offer a variety of trading products and services. However, there are a number of red flags that suggest that Windsor is a scam broker.
Company Overview
Windsor is a relatively new broker, having been founded in 2020. The company is registered in Seychelles, but it does not have any licenses from any reputable regulatory bodies. This is a major red flag, as it means that Windsor is not subject to any oversight or regulation.
Does Windsor Have Any License?
No, Windsor does not have any licenses from any reputable regulatory bodies. This is a major red flag, as it means that Windsor is not subject to any oversight or regulation.
Is Windsor Regulated By Any Authority?
No, Windsor is not regulated by any authority. This is another major red flag, as it means that Windsor is not subject to any oversight or regulation.
Pros and Cons
Pros:
- Low minimum deposit of $100
- Leverage up to 1:1000
- Variety of trading products and services
Cons:
- Not regulated by any reputable authority
- Lack of transparency
- Negative reviews from former clients
How Does Windsor Reach To Their Prey?
Windsor uses a variety of methods to reach their prey. They often target inexperienced traders with promises of easy profits. They may also use social media and other online platforms to spread false information about their legitimacy.
Technical Details of Windsor
Minimum Deposit:
The minimum deposit requirement at Windsor is $100. This is relatively low compared to other brokers.
Trading Platform:
Windsor offers the MetaTrader 4 (MT4) trading platform. MT4 is a popular and well-respected platform, but it is also available from many other, more reputable brokers.
Spread:
The spreads at Windsor are not competitive. They are typically wider than the spreads offered by other brokers.
Leverage:
The leverage offered at Windsor is up to 1:1000. This is a very high level of leverage, which can magnify losses as well as profits.
Packages and Products They Offer
This company offers a variety of trading products and services, including forex, CFDs, and indices. They also offer a variety of account types, including standard, VIP, and Islamic accounts.
Withdrawal and Deposit Method
They offer a variety of withdrawal and deposit methods, including credit cards, debit cards, and wire transfers. However, there have been reports of delays and problems with withdrawals from Windsor.
What Do Their Previous Traders Say?
The reviews of Windsor from previous traders are overwhelmingly negative. Many traders have complained about problems with withdrawals, customer service, and account management.
Summing Up- Why Should Not You Trust Windsor
There are a number of reasons why you should not trust Windsor. The company is not regulated by any reputable authority, it has a poor reputation, and there have been reports of problems with withdrawals. If you are looking for a forex or CFD broker, I recommend that you choose a more reputable and regulated broker.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money with Windsor, you can contact us for help. We provide free consultation calls and recovery service recommendations to help in recovering the lost funds.
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Final Thoughts
Windsor is a scam broker that should be avoided at all costs. If you are considering trading with Windsor, I urge you to reconsider. There are many more reputable and reliable brokers out there.
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