This promotion gives traders a chance to win a Tesla Model 3, BMW iX3 M Sport, and cash rewards. Participants need to collect loyalty tickets by trading. The live draw will be held on 15/01/2024. At the event the winners will be announced. Tickets can be earned by trading. One loyalty point equals one ticket entry to the car draw.

In addition to the luxury car rewards, traders can receive cash rewards of 3,000 USD, 1,200 USD, 200 USD, and 50 USD. In order to be eligible for each category, a certain number of loyalty points need to be collected. See the table below for more details.

Traders need to take simple steps to participate. Firstly, they need to open a live trading account and start trending on over 200 instruments to earn points. Loyalty point progress can be tracked from your client portal.

Important things to know about the promotion

Before participating in the promotion, it is important to read the terms and conditions carefully. 

• Traders that are registering from all eligible countries except for Jordan, may receive the Tesla Model 3. The electric car is worth 70,000 USD. However, in Jordan, the car prices are different and therefore the broker will award the winners from that country with the BMW IX3 M Sport 2022. The BMW’s price in Jordan is 70,000 USD.
• You should know that if you win a car and your residence country has any income tax, you will have to pay the tax yourself. 
• In case you win a car and fail to accept the prize within 15 days of the announcement, a second place in the draw will receive the reward. 
• Traders need to trade over 5 lots and make more than 10 transactions during the last month of the promotion. 
• The minimum deposit required to be able to participate in the promotion is 1,000 USD (or equivalent in the account currency). The deposit needs to be made in the duration of the year 2023. 
• In case you win a cash reward, your rewards will be deposited to your trading account. The winnings can be used for trading, or can be withdrawn freely. 
• Each client can only trade using a single account. If the company suspects that traders are using other people’s accounts, the broker reserves the right to cancel the promotion without explanations 
• Employees of Windsor Brokers or relatives and family members of the employees can not participate in the promotion. 
• Traders can combine this promotion with other promotions, as long as the terms and conditions are not violated. 

This promotion gives cash rewards to the top 10 traders of Windsor Brokers each month. The monthly budget of the promotion is 30,000 USD. In order to win, you simply need to have the highest return on investment (ROI) by trading currency pairs and CFDs (Contracts for Difference). It should be mentioned that the rewards can be withdrawn from trading accounts without difficulties. 

In addition to participating and collecting points in this competition, traders can also take part in the luxury car competition. Points can be collected for both at the same time. 

The promotion is available for both new and existing clients. The existing clients are automatically participating, and new traders simply need to open a live account and start trading. 

Participants are grouped into 4 categories: Diamond, Platinum, Gold, and Silver. Each category has different cash rewards. The minimum amount a trader can receive in the Silver category is 100 USD, and the maximum cash reward available to claim per person is 10,000 USD. This means that if a trader has Gold status and gets the first place, he will be awarded with 2,500 USD. The maximum award amount in the Gold category for the first place 2,500 USD. 

This promotion is only available for new clients of Windsor Brokers. Traders are not required to make any deposits to claim the bonus. It must be noted that the bonus is only available for accounts that have USD, EUR, GBP, or JPY as the account base currency. 

In order to receive the bonus, open the broker’s main page and find the promotions section. Select “$30 Free Account” and press “GET STARTED” in blue. You will be transferred to the registration page. Simply follow the instructions and fill in your personal information. The final step is to wait for your bonus to be approved, and once it’s ready, the bonus will be credited to your trading account. 

It should be mentioned that the 30 USD credit is only valid for a period of 6 months from the date it is granted. If you are inactive for more than 30 days consecutively, the credit will be canceled. In addition, any withdrawal requests will cancel the bonus. Each client is only allowed to have one account with the welcome bonus. The broker reserves the right to cancel the promotion if it suspects fraudulent activity. 

The 30 USD Welcome bonus is not available in certain countries, including: Russia, Indonesia,

Pakistan, Bangladesh, Sri Lanka, Ukraine, Kazakhstan, Zimbabwe, Egypt, Palestine, Tanzania,

Kyrgyzstan, Peru, Moldova, India, and the Philippines.

This promotion enables traders to trade over 200 tradable instruments and receive up to 10,000 USD on top of their deposits. 

The bonus scheme is available for both new and existing clients of Windsor Brokers. Traders need to register, make a deposit of 500 USD or more, and start trading to receive the bonus. The bonus amount is 20% of your initial deposit. For instance, if you make a 1,000 USD deposit, you will receive a 200 USD promotion. The maximum amount that can be granted to traders is 10,000 USD or the equivalent in another currency. Windsor Brokers offers USD, GBP, and CHF as account currencies. 

It’s important to note that this deposit bonus is not withdrawable and any withdrawals made on the initial deposits will cancel the promotion. In addition, this bonus cannot be combined with other promotions. 

The Loyalty Programme categorizes traders based on their trading activity. The more you trade, the better the status you will get, and be able to optimize the number of points you receive. The points collected can be redeemed as balance.

These promotions are not available in the UK and Europe, because in these areas there are regulations in place that limit or prohibit the use of trading bonuses. The main reason for this is to prevent the negative effects of trading bonuses, such as incentivizing excessive risk-taking, etc. 

These regulations aim to create a more responsible and sustainable financial sector by discouraging behavior that could lead to financial instability or harm to traders. The main dangers associated with trading using Windsor Brokers bonuses include:

• Increased risk-taking: These promotions encourage traders to take more risks than they would normally, as they are motivated to meet trading volume requirements. This can lead to practices that are extremely risky, such as using high leverage, or opening large numbers of unplanned trades. Successful traders plan their trades and trade their plans. When the trader’s main goal is to trade large volumes instead of trading the best trading setups, the likelihood of failure increases. 
• Short-term focus: Traders are given a certain amount of days during which the promotions are available and trading volume requirements must be met. This can create a short term focus on gains rather than taking a longer-term view. Professional traders view markets from a long term perspective.
• These bonuses can lead to bad habits as traders can develop a gambling-like attitude. The main goal should never be to make the most money or to trade the largest amount. The main goal of every trader should be to trade the right way and money will inevitably follow. Most traders blow up their accounts and lose money. In order to become consistently profitable, many things need to go right, and even one mistake can be costly in the process.

Overall, Windsor Brokers offers various promotions to its clients, including the Win a Luxury Electric Car Campaign, The Ultimate Forex Trading Challenge, $30 Free Account, Deposit Bonus, and Loyalty Programme. Each promotion comes with its own terms and conditions, and traders need to be aware of the risks associated with trading using promotions. While promotions can be beneficial in the short term, traders need to make sure that promotions do not damage their trading style in the long run. The main goal should always be to trade the right way, and not the largest volume.