A comprehensive guide to opening an account with WindsorBrokers and start trading Cryptocurrency CFDs.
Open WindsorBrokers' Cryptocurrency Account. Table of Contents
- How to open an account with WindsorBrokers
- WindsorBrokers' Cryptocurrency Trading Service
- Overview of the WindsorBrokers MT4 Platform
- WindsorBrokers' Copy Trading Tool
- How Copy Trading Works at WindsorBrokers
- Features of the Copy Trading Tool
- Benefits and Considerations
- Overview of WindsorBrokers' Bonus Promotions
- FAQs about WindsorBrokers' Cryptocurrency Trading Service
WindsorBrokers provides a comprehensive cryptocurrency trading service, offering a platform that supports trading in popular cryptocurrency CFDs such as Bitcoin and Ethereum, tailored to traders of varying experience levels. They offer multiple account types, including a Zero Trading Account for active traders and a Prime Trading Account with lower entry requirements, each designed to suit different trading strategies and volumes. The service includes up to 1:1000 leverage for cryptocurrency trading, though this is subject to regulatory restrictions in certain jurisdictions. Additionally, WindsorBrokers ensures a secure trading environment with robust security measures, a significant insurance policy, and a rewarding loyalty program that enhances the overall trading experience. Overall, their MT4 platform provides a user-friendly interface and advanced trading tools across multiple devices, making it accessible and effective for trading a wide range of financial instruments.
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How to open an account with WindsorBrokers
Starting to trade cryptocurrencies with WindsorBrokers can be a straightforward process by following these five steps:
- Open an Account
- Visit the WindsorBrokers website and choose the appropriate account type that suits your trading style and volume. For active traders, the Zero Trading Account might be suitable, whereas the Prime Trading Account is designed for those who prefer lower initial deposits.
- Complete Registration
- Fill out the necessary registration forms and comply with all required account opening steps. This includes providing personal information, undergoing a verification process, and meeting any regulatory requirements.
- Fund Your Account
- Make the required minimum deposit based on your chosen account type. This can be $1,000 for the Zero Trading Account or $50 for the Prime Trading Account, using acceptable methods of payment like bank transfers, credit cards, or e-wallets.
- Set Up Trading Platform
- Download and set up the MetaTrader 4 (MT4) platform, offered by WindsorBrokers. Familiarize yourself with its features, such as advanced charting tools, Expert Advisor functionality for automated trading, and one-click trading options.
- Start Trading
- Begin trading by selecting from the variety of cryptocurrency CFDs available, such as BTCUSD and ETHUSD. Use the platform’s tools to analyze market trends and make informed trading decisions, leveraging up to 1:1000 to maximize potential returns.
By following these steps, traders can effectively engage with the dynamic cryptocurrency market through WindsorBrokers, utilizing robust trading platforms and benefiting from competitive trading conditions and strong security measures.
Open an account with WindsorBrokers
WindsorBrokers’ Cryptocurrency Trading Service
WindsorBrokers offers a robust cryptocurrency trading platform that caters to a diverse range of traders, from beginners to experienced investors. Established in 1988, it ranks among the oldest and most trusted brokers in the region, providing a secure and transparent trading environment.
Features of Cryptocurrency Trading at WindsorBrokers
- 1. Variety of Cryptocurrencies
- WindsorBrokers allows trading in popular cryptocurrency contracts for difference (CFDs) including BTCUSD (Bitcoin vs. USD) and ETHUSD (Ethereum vs. USD). This enables traders to speculate on the price movements of these digital assets without owning the actual cryptocurrencies.
- 2. Account Types
- Traders can choose from several account types based on their trading style and volume. For instance, the Zero Trading Account is ideal for active traders with features like $0 commission on most CFDs, a $1,000 minimum deposit, and a spread from 0 pips on major pairs. This account charges $8 commission per lot round turn on cryptocurrency CFD trades. The Prime Trading Account, suited for traders who prefer lower entry points, offers a $50 minimum deposit and similar commissions on crypto trades.
- 3. Competitive Trading Conditions
- The platform provides favorable trading conditions, including up to 1:1000 leverage for cryptocurrency trades (this is restricted in certain jurisdictions due to regulatory limits). This high leverage allows traders to open larger positions with a smaller amount of capital.
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Security, Insurance, and Additional Services
- Security Measures
- As a fully regulated and licensed broker, WindsorBrokers prioritizes the safety of its clients’ funds and personal information. The firm adheres to strict regulatory standards to ensure transparent and ethical trading practices.
- Insurance Coverage
- Traders at WindsorBrokers benefit from an insurance policy that provides coverage up to €5,000,000, enhancing the safety of their investments and providing peace of mind.
- Loyalty Program
- WindsorBrokers rewards its traders through a dedicated loyalty program, where traders earn rewards for their trading activity. These rewards can be quite beneficial, adding an additional layer of value to the trading experience.
- Trading Platforms
- The brokerage offers powerful trading platforms that facilitate efficient trade execution and real-time market data access. These platforms are equipped with advanced tools to assist traders in making informed trading decisions.
WindsorBrokers’ cryptocurrency trading service combines a long-standing industry presence with modern trading technology and customer-centric features. It provides a secure and dynamic platform for trading cryptocurrency CFDs, supported by protective measures and incentives that enhance the overall trading experience.
Overview of the WindsorBrokers MT4 Platform
WindsorBrokers offers the MetaTrader 4 (MT4) platform, renowned for its power, speed, and flexibility, making it suitable for both novice investors and professional traders. The MT4 platform is celebrated for its advanced charting capabilities, extensive range of indicators, and algorithmic trading functionalities, establishing it as a top choice among trading platforms globally.
Key Features of MT4 at WindsorBrokers
- 1. User Interface and Accessibility
- MT4 is known for its user-friendly interface that simplifies the trading process for users of all skill levels. Its dynamic security measures ensure that trading is secure across all devices. The platform is accessible on multiple devices, including PCs, Macs, and mobile devices, ensuring traders can manage their investments wherever they are.
- 2. Advanced Trading Tools
- MT4 enhances trading with features such as over 100 trading instruments, Expert Advisor (EA) functionality for automated trading, and one-click trading options. Traders benefit from low spreads starting from 0 pips and can utilize up to 50 technical indicators, which helps in making informed trading decisions quickly and efficiently.
- 3. Compatibility and Integration
- The MT4 platform is compatible with various operating systems including Windows for PC and macOS, and it also offers dedicated mobile apps for Android and iOS devices. Each version is tailored to provide a seamless trading experience on the respective device with full functionality.
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Trading on Different Devices with MT4
- Desktop Trading
- The MT4 for PC and Mac offers a robust trading experience with access to all trading functions, including detailed chart analysis and the use of EAs for automated trading strategies. The desktop versions are ideal for traders who prefer a comprehensive trading dashboard.
- Web Trading
- MT4 WebTrader allows for trading directly from a web browser without the need for downloads, catering to traders who prefer flexibility and accessibility. It supports various chart types and timeframes, and provides advanced charting tools for thorough market analysis.
- Mobile Trading
- The mobile versions of MT4 on Android and iOS allow traders to manage their accounts and execute trades directly from their smartphones or tablets. This is particularly useful for traders who need to monitor their positions and markets on-the-go. The apps provide essential features like full trading history journals, rapid trade execution, and a comprehensive set of trading orders.
The MT4 platform offered by WindsorBrokers provides a sophisticated, yet accessible trading environment suitable for trading a wide range of financial instruments, including cryptocurrencies. With its versatile platform options across different devices, powerful trading tools, and strong security protocols, MT4 at WindsorBrokers caters to the needs of modern traders looking for effective and efficient trading solutions.
WindsorBrokers’ Copy Trading Tool
WindsorBrokers’ Copy Trading service simplifies the trading process, enabling investors to automatically mimic the trades of experienced strategy providers in real-time. This tool is ideal for novice traders seeking immediate and straightforward access to financial markets by leveraging the expertise of established traders worldwide.
How Copy Trading Works at WindsorBrokers
- Role of Providers and Followers
- In the ecosystem of copy trading, individuals who share their trading strategies are known as “Providers”. They create profiles, describe their strategies, and publicly display their performance statistics. On the other side are the “Followers”, who select Providers based on the suitability of their trading strategy, historical performance, and their own risk tolerance. This system allows Followers to bypass the steep learning curve of trading by directly copying the strategies of proficient traders.
- Becoming a Provider or Follower
- At Windsor Brokers, individuals have the flexibility to assume the role of either Provider or Follower. As a Follower, one can choose from a broad array of unique strategies, adjusting investment sizes and risk management settings to personal preferences before activating the subscription to start copying trades. Providers, meanwhile, can share their trading strategies, build a community, and earn fees based on the profits they generate for their Followers.
Features of the Copy Trading Tool
- 1. Automated Trade Copying
- Followers can copy trades automatically without needing to monitor the market constantly. This feature ensures that they replicate the Provider’s trading activity in real-time.
- 2. Performance-Based Fees
- Providers earn a performance fee, which is a percentage of the profits they generate for their Followers. This fee structure motivates Providers to perform well, as they only earn when their Followers profit. The fee can be up to 50% of the net profits and is only applicable if the profits exceed the High Water Mark (HWM), which is the peak profit level previously reached.
- 3. Flexible Control and Management
- Followers have control over their subscriptions, with the ability to set rules for copying trades, pause or cancel copying at any point, and adjust their risk management settings. This flexibility allows them to stay in command of their investments while utilizing the strategies of more experienced traders.
- 4. Transparent Tracking and Reporting
- The platform provides access to detailed trading histories and performance analytics, enabling both Followers and Providers to monitor and adjust their strategies effectively.
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Benefits and Considerations
- Advantages for Followers:
-
Skip the Learning Curve: Followers can accelerate their trading journey by leveraging the expertise of seasoned traders.
Diversified Trading Strategies: Access to a wide range of trading strategies allows Followers to diversify their trading approaches, potentially reducing risk. - Advantages for Providers:
-
Monetize Trading Expertise: Successful traders can monetize their skills by becoming Providers and earning fees from their successful strategies.
Expand Influence and Reputation: By sharing successful strategies, Providers can build a reputation and grow their community within the trading world. - Considerations:
- Risk Assessment: While copy trading can offer accelerated entry into trading, it also involves risks, especially if the selected Provider’s strategies do not perform as expected. Therefore, Followers should carefully evaluate Providers’ past performance and risk management approaches.
To begin with WB Copy Trading, one needs to open a Windsor Brokers account, fund it, and then register for a WB Copy Trading account. This initial setup is followed by familiarizing oneself with the platform to fully enjoy the benefits of copy trading.
WindsorBrokers’ Copy Trading tool offers a streamlined approach to trading, making it accessible for those with limited experience or time to engage deeply with financial markets, while also providing a viable platform for experienced traders to expand their influence and earnings.
Overview of WindsorBrokers’ Bonus Promotions
WindsorBrokers offers a variety of bonus promotions designed to enhance the trading experience of both new and existing clients. These promotions include a $30 Free Account for new clients and a substantial deposit bonus for traders looking to leverage their trading with additional funds.
Open an account with WindsorBrokers
$30 Free Account Promotion
Eligibility and Activation:
This promotion is exclusively available to new clients who open a Prime Account with a base currency in USD, EUR, GBP, or JPY. To activate this offer, clients must:
- Apply for the $30 FREE account via the designated “Get Started” link.
- Follow the registration steps, ensuring compliance with all account opening requirements.
- Upon approval, the account will be credited with $30 in trading credit.
Conditions and Restrictions:
- The $30 credited is non-withdrawable and non-transferable, meant only for trading purposes.
- The credit remains valid for six months unless the account is inactive for 30 days or more, in which case the credited amount and any associated profits will be canceled.
- Withdrawals from profits are only permitted if they are equal to or exceed $60, provided that the account has closed at least one lot and executed at least 20 trades.
- The promotion cannot be combined with other offers and is limited to one per household.
Deposit Bonus Promotion
How It Works:
WindsorBrokers provides a deposit bonus up to $10,000 for trading over 200 financial instruments. The process is straightforward:
- Register and validate a live trading account.
- Make a deposit of at least USD 500.
- Claim the deposit bonus by ticking the appropriate box on the deposit page.
Key Terms:
- The bonus percentage varies and is credited based on the client’s deposited amount at the company’s discretion.
- The bonus impacts account leverage, with potential adjustments made to ensure risk management.
- The bonus is credited to the trading account and is not withdrawable; it can be lost but not removed unless a withdrawal is made from the account.
- A stop-out or account closure results in the removal of the bonus.
Loyalty Programme
Programme Features:
WindsorBrokers’ Loyalty Programme rewards clients based on their trading activity, allowing them to accrue points that can be redeemed for trading balance. Clients are automatically enrolled upon meeting the eligibility criteria.
Benefits and Status Levels:
- Clients earn points for trading, with the number of points per lot increasing as they reach higher status levels such as Gold, Platinum, and Diamond.
- Points are convertible to USD and can be redeemed according to the accumulated amount.
- The status and points are updated monthly, reflecting the client’s trading activity.
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Terms of Participation:
- Points are awarded for predefined activities, and their value can be adjusted by the company.
- Redeeming points requires accepting the terms and conditions through the client portal.
WindsorBrokers’ promotions offer a structured approach to reward new and loyal clients, providing opportunities to enhance their trading potential through additional credits and bonuses. These incentives are designed to support traders by providing them with extra resources to increase their market exposure and potential profitability.
FAQs about WindsorBrokers’ Cryptocurrency Trading Service
- What types of cryptocurrency trading does WindsorBrokers offer?
- WindsorBrokers offers trading in popular cryptocurrency CFDs such as BTCUSD (Bitcoin vs. USD) and ETHUSD (Ethereum vs. USD).
- What account types are available for cryptocurrency trading at WindsorBrokers?
- WindsorBrokers offers several account types, including the Zero Trading Account for active traders and the Prime Trading Account for those preferring lower entry points.
- What are the trading conditions for cryptocurrency trading at WindsorBrokers?
- The platform offers up to 1:1000 leverage for cryptocurrency trades, though this may be restricted in certain jurisdictions due to regulatory limits.
- What security measures does WindsorBrokers have in place?
- As a fully regulated and licensed broker, WindsorBrokers prioritizes the safety of clients’ funds and personal information through stringent security measures.
- What insurance coverage does WindsorBrokers provide?
- Traders benefit from an insurance policy providing coverage up to €5,000,000, enhancing the safety of their investments.
- What is the Loyalty Program offered by WindsorBrokers?
- WindsorBrokers has a loyalty program that rewards traders for their trading activity, offering various benefits and incentives.
- Which trading platforms does WindsorBrokers offer for cryptocurrency trading?
- WindsorBrokers provides the MetaTrader 4 (MT4) platform, known for its advanced charting capabilities, extensive range of indicators, and algorithmic trading functionalities.
- Is the MT4 platform accessible on mobile devices?
- Yes, the MT4 platform is available on both Android and iOS mobile devices, allowing traders to manage accounts and execute trades on the go.
- How does the Copy Trading service at WindsorBrokers work?
- The service allows traders to automatically copy the trades of experienced strategy providers in real-time, ideal for both novice and seasoned traders.
- What roles do Providers and Followers play in the Copy Trading ecosystem?
- Providers share their trading strategies and performance statistics, while Followers can copy these strategies based on their suitability and the Providers’ historical performance.
- Can I control my investment when participating in Copy Trading at WindsorBrokers?
- Yes, Followers can set rules for copying trades, pause or cancel at any point, and adjust their risk management settings.
- What are the incentives for becoming a Provider in the Copy Trading program?
- Providers earn a performance fee based on the profits generated for their Followers, which can be up to 50% of the net profits, incentivizing high-quality and successful trading strategies.
- What are the key features of the $30 Free Account Promotion at WindsorBrokers?
- New clients can get a $30 trading credit upon opening a Prime Account. This credit is non-withdrawable, valid for six months, and requires compliance with specific trading activities.
- How does the Deposit Bonus Promotion work at WindsorBrokers?
- Traders can receive up to $10,000 in deposit bonuses for trading over 200 financial instruments, with the bonus being adjustable based on the deposited amount and subject to terms like minimum deposit requirements.
- What does the Loyalty Programme at WindsorBrokers entail?
- The program rewards trading activity with points that can be redeemed for trading balance, with benefits increasing at higher status levels based on the volume of trades.
Go to WindsorBrokers Official Website
Please check WindsorBrokers official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of WindsorBrokers", if you want to know the details and the company information of WindsorBrokers.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...