Windsor Brokers broker: review and feedback on a fraudulent company
### Windsor Brokers Company Overview
Many traders, especially beginners, believe that working with foreign brokers is safer. However, it is important to remember that among them there are also scammers. One such case is Windsor Brokers. Many clients complain that the company does not fulfill its obligations, does not withdraw user funds, and makes earning impossible. Let’s take a closer look at this company.
Review of CFD broker website windsorbrokers.com
According to customer reviews, the windsorbrokers.com website may create an impression of reliability, but in fact, it is just a tactic to attract new users. The company offers to insure deposits up to 5,000,000 EUR, but according to traders, this is just an attempt to gain trust.
On the main page of Windsor Brokers, you can find 11 main sections, including “About the Company,” “Accounts,” “Products,” “Trading,” “Platforms,” “Funding,” “Tools,” “Education,” “Promotions,” “Affiliate Program,” and “Documents.”
The broker offers a wide range of assets for trading, such as currency pairs, commodities, securities, energy sources, and metals. However, users note that such asset diversity may be just a tactic to attract clients.
Company History
Windsor Brokers claims to have been operating since 1988, but the first reviews of the company appeared only in 2017. This raises questions about the actual duration of the broker’s operations and the truthfulness of the information provided.
Broker Licenses
The company is licensed by IFSC (Belize), CYSEC (Cyprus), and JSC (Jordan). However, it is worth considering that the financial legislation of these countries may be less stringent, making them attractive to scammers.
Payment Systems and Minimum Deposit
Windsor Brokers offers various methods of depositing and withdrawing funds, such as Neteller, Skrill, Payweb, UKash, and Webmoney. The minimum deposit on the platform is 2,000 USD, and the leverage can reach 1:2000. Traders complain about the poor quality of the trading terminal and the high losses as a result.
Broker Reviews
Reviews of Windsor Brokers are mostly negative. Users complain about the inability to withdraw funds, technical glitches on the platform, inflated spreads, and commissions.
Fraud Scheme
Windsor Brokers employs several deceitful methods, including lack of fund withdrawals, technical issues on the platform, and questionable recommendations from personal managers. All of this makes working with this broker risky and unreliable.
In conclusion, Windsor Brokers raises serious doubts about its reliability and honesty. Before starting cooperation with this broker, it is advisable to carefully assess all risks and make an informed decision.
Author: Ivan Andrienko
I am utterly dissatisfied with Windsor Brokers due to their deceitful practices and lack of transparency.