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The client
opens an account
with Windsor.
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The client
transfers funds
to Windsor.
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According to regulations, the
clients' funds are held in a separate
"segregated"
client account.
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After funds reach the
"client account" the client can start trading.
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Whenever the client
wishes to trade, he/she can either sign in and use WINDSOR DIRECT,
our online trading platform, our mobile services WINDSOR MOBILE for
Pocket PCs or call the
Windsor dealing room
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On each open order
(contract) that the client makes ,
a margin (deposit) of
US$ 1000 or
portions thereof, depending on the type of contract, is transferred
from the client account to the company account as collateral. The
same margin is returned to the client account when the client closes
the trade.
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Any profit/loss
that is realised when the trade is closed, will be settled between
the client account and Windsor.
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Whenever the client
wishes to draw
money out of
his/her account, he/she needs to send instructions by fax to Windsor
to that effect. This money will be transferred to the client account
within a maximum period of 24 hours, either as a transfer to an
account of the client or, in some countries, over-the-counter cash.
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Whenever
the client account
is short of funds/margins, the client will be asked to transfer
extra funds to the client account.
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No open trades will be
executed unless the client has enough margin/funds in the account
and no trades will remain open if sufficient margin/funds are not
available in the account.
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A comprehensive
Daily Confirmation
is generated and sent to the client daily at approx 00.05 am (GMT
+2). This will cover each day from 00.00 until 23.59 and will
include All the trading profit and loss, deposits and withdrawals
and credit facilities in or out for that day. It will also show any
cancelled orders. The summary for that day, i.e.,
Deposit/Withdrawal, Credit Facility, Closed P/L will be the net
amount for that day only.
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Funds transferred
from the client can only be accepted if originating from the
client's own account.
Funds transferred from a third party are not usually accepted. For
protection of the client, funds transferred from Windsor to the
client can be made only to the client's own account.
Any Questions ?
Contact the Customer Services Team
Tel: +202 532 99 16 - +202 532 99 17
+012 0155 300 - +012 0155 300 |
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