Windsor Brokers, Cyprus

[Afarouk]

Same case here...

§ The story began when I contacted Windsor Brokers in 2013 asking if they can manage my money

§ I found someone from Egypt calling me introducing himself as a BI to Windsor Brokers and he got my contact details from them

§ He explained the relationship between him and Windsor Brokers, how they trade, the maximum loss percentage and declared that all communications between me and Windsor Brokers shall be through him to not affect the trading

§ Once I deposited the money in Windsor Brokers Bank Account I got a statement from Windsor Brokers showing my balance and this was the only statement I got from them

§ When I realized that the I did not receive any other statements I tried to call Windsor Brokers to get a statement but they told me that they can NOT send me a statement as the registered email is my BI email and in order to register my email I have to cancel the POA with the BI first then add my email which I refused

§ In my contact with Windsor I asked their representative about the BI managing my money, he told me that he is one of best BI in Windsor

§ After this incident I got a call from the BI telling me that Windsor Brokers called him to contact me and give me the needed information for my account, he confirmed that I can Not call Windsor Brokers directly again and if anything needed I have to revert to him first

§ I made a withdrawal after about 2 months which I received through my bank (that gave me an indication that everything is OK)

§ I was reviewing my account through the BI portal

§ In 2015 the BI got in coma so I contacted Windsor Brokers to see how is everything and what shall I do in such case and there was the surprise!!!

§ They told me that my account balance is about 200 dollars and that I have lost all the money in trading which really astonished me as according to BI account statement, deposits and withdrawals it should be hundreds of thousands of Dollars

§ I asked Windsor Brokers to send me all the documents they have for my account including the account statement but again they replied that I have to cancel the POA as I can NOT have 2 emails on same account, but after my insistence to keep things as is and by raising the flag of escalating this issue to the CySec they agreed to add my email as secondary email

§ I reviewed the received statement where I found that it’s full of losing trades since the beginning and showing that the withdrawal I made before was funded through “commission account” same time I made the request

§ When I asked them how this could happen, how can I lose all this money in a very short time without contacting me or send me a warning they replied this is normal in trading and it is not their business to monitor the accounts, I asked them how can someone fund my account without my permission they replied this is allowed as he is your money manager and he has POA, I asked them how could you change my registered email to the BI’s email without my permission they replied we did not have your email before and this is your first time to register your email and the account was registered with the BI’s email from beginning


§ Now I and a group of other Clients hired lawyers to escalate this issue and to see what really happened or what kind of deal between Windsor Brokers and the BI to deceive us.

 

[Samira AbdEl Naby]

My account with windsor through this Broker is a big scam I can't get any information about my money they refuse to give any answer and he is pretending to have amnesia. I advice any one intending to deal with windsor to read this comments and other comments on this company. They stole my money.

 

[Hesham S]

Scam broker.

 

[mhamouda]

my wife opened her account with windsor broker in 2015, since then and through one year interval she has deposited more than half a million USD. She has recieved deposite slips from windsor via their IB. After tge problems that happened lately we tried to call them and they told my wife that she does not have an account with them and that they are not aware of any transaction between her and their IB. Then the story continues in the same way as other people who were scamed by these theives. I am sure they are involved in some dirty business, money laundry or illegale hedging. I am shocked that such theives are still operating freely inthe fotex market. I will not rest until i get my wife's money back and i will continue my legal actions against them until they go down. DO not deal with these scammers as they will steel your money right away.

 

[Bassememam]

Gents, please if you are dealing with windsor and you can still withdraw your money just do it, there will come the time where they will steal your money all of it, I have an account with them and for more than a year i am not able to withdraw my money, they are denying that i even had an account with them.
It's not only me there are hundreds of people like me, same situation and I am not gonna stop until i get my money back however I wanted to let other people know so they can save themselves before enduring this annoying trip of their money.

 

[EGYPTIAN WARRIOR]

Do NOT DEAL WITH WINDSOR IT IS A TRUMP!!!!!!!!!!!!!!!!!!!!!


I WILL SUMMARIES MY LONG STORY AS IT IS THE SAME SILLY SCINARIO WITH THE FIRST BELOW ONE AND I WILL REPEAT IT AGAIN

RUN & HIDE


WINDSOR YOU WILL BE ****ED UP YOU WILL ENJOY IT .......TRUST ME

-@ Windsor you didn’t know do your homework when you think to target the EGYPTIAN market and tried to **** us up J you are in deep **** really deep **** with the EGYPTIAN and you Hanna (Johny) Abuaitah (CEO) you had to think twice before taking this decision to steal our money as you are from Arab origin and you know that EGYPTIAN don’t GIVE UP their right even after a long time we will follow you and kick your ass everywhere and you will wish that you didn’t begin this war with us .. watch your back and your dirty fishy business as well my advice to you
RUN & HIDE

 

[beshoybotros]

same witnessed here, I am involved in the same practice!

 

[EGYPTIAN WARRIOR]

One question comes to mind:

Did the victims send money directly to Windsor Brokers via instructions supplied by WindsorBrokers.com, or was the money sent directly to the BI or to some account the BI recommended?

I sent and received money directly to and from Windsor Brokers via instructions supplied by WindsorBrokers.com via my bank account and still have all the receipts from Windsor brokers bank account in Barclays Bank in Egypt ACC# 1003966 US$ and my bank account as well

 

[Hagi22]

They are just a bunch of thieves, they took my money and then transfer it to an unknown account, taking advantage from our B.I worsening health condition and now they are trying to deceive us by creating fake account statements

 

[Tamer Ismail]

This is the same issue I'm facing with Windsor with almost the exact same details.
My account was brought down to 900 USD from tens of thousands in a matter of a week time.
The funny thing that they twisted my transactions to show loss of trades and around 25% of my money as transactions commission for themselves.
Although on my BI's website, my money is showing there with all the wins that happened in 6 months.

When I called Windsor, they initially refused to send me any statements and more over thwy called the BI and told him about my request.

This is the worst company to deal with as broker, Definitely not recommended to deal with.
Worth to mention that I know at least 5 of my friends who dealt with the same BI and windsor did the same to them.

Avoid Windsor by all means.

I urge every person who thought of dealing or is already dealing with this broker to read this first carefully.

This broker is very dangerous and must be avoided by any means. I have an account with Windsor Brokers since 2014; I have been introduced to them by one of their Business Introducers (B.I.) who happens to have several B.I. and White label agreements with them as well. This Person, who represented Windsor, with a partner of his, had another company where they used to offer Funds Management services for your funds at Windsor Brokers, i.e. trading on your behalf, against a 50 dollar commission per lot that they collect from Windsor Brokers directly through their commission account.

Windsor has had me to sign some documents saying that I am delegating their B.I. to trade only on my account on my behalf. The document had all the warnings of me accepting the worst case scenario of losing my money at any time, like what other brokers do, but it was repeated several times in several ways which reflects that the broker has anticipated what will happen afterwards, as if it was already planned. I have had my account opened by providing my ID documents and my personal email, which should be used for future correspondences as well as receiving daily/monthly statements from my Windsor account.

After transferring my funds to Windsor Brokers Hellenic Bank account, I had no communication at all from Windsor’s side, whenever I called them to ask about my account details, they completely refused to provide any information to me (although I am the account holder) and then they ask me to contact their B.I. who introduced me to them, as he has all the details.

Their B.I.’s Company had a website where in it he speaks in Windsor’s name and promotes for them and displays a long business relationship with Windsor since 2010. On that website, you can log in to your personal account page, with the same account number that you have with Windsor to see your account details at Windsor, see all deposits, withdrawals as well as winning/loosing trades done on your account. The performance was amazing as it reached almost 100 % annually.

I was sceptic at the beginning when I experienced their rejection to disclose any details of my own account to me, and their advice to get those details from their B.I. instead, but I tried to do a withdrawal from my Windsor account (through signing a Windsor withdrawal request, but sending it to Windsor through their B.I.) which went fine, as I always received the money very quickly in my bank account from Windsor’s bank account as well, which proved to me that everything is going on ok.

Accordingly, after making several very successful withdrawals, I have done more deposits at Windsor totaling an amount ofseveral hundred thousandUSD. After that things went very bad.

In June 2015, the partner of the B.I. got shot in the head in front of his house in the morning while riding his car, he had a suitcase full of cash with him and was wearing a gold watch, and however, nothing was taken but his cell phone. After a few weeks, the B.I. himself got kidnapped, then was found after a few days in a very bad condition before falling into a comma for almost a month, then woke up with partial memory loss. He cannot remember many details about his business with Windsor.

I did not know these details until afterwards in October 2015, when I started to request some withdrawals from the B.I. Company then received no response. I started to then contact Windsor Brokers directly where I got the same treatment as before, “Refer to your B.I. (now they started to say your instead of our), as he has all the details”.

I insisted that I must gain access to my account & money with them otherwise I will file a complaint toCySEC, only then they started to accept, but strangely they asked me first to cancel the Power Of Attorney (POA) that I did with them before for the B.I., and to sign a document to cancel the B.I. Email address as the communication address, then add my email instead. That was a very strange request as I have already provided my email address in the very beginning while opening the account as the only means of communication, but now I discovered that it was the B.I. email address that was considered by them as the registered one!! As I was never asked for this previous change, it now seemed very fishy and I felt there was some scam evidence showing up gradually.

I refused to cancel anything and I required them to add my info again and not to change any old configuration, they first refused, but when I escalated the matters, and only under extreme pressure, they complied. Then I received my first account statement in my email, which was a shock.

My account was traded down to the ground!!! All my deposits are there, but all of the money was traded in continuous loosing trades in a professionally consistent trend. All my hundreds thousands of USD deposits were reaching to 100 to 200 USD balances only in 4 to 6 days maximum from the day Windsor received them.

The strange thing is, all my withdrawals were there too!!! So, although my account balance was almost zero, but whenever I made a withdrawal request, I can see on the statement my account suddenly being boosted with the same exact amount that I requested on my withdrawal, coming from another Windsor account called “commission”, then after a few hours, the money goes out to my bank as a “withdrawal”.

When I confronted them asking about where is my balance that I can see on their B.I. Website, and why they do not match, they answered back saying “we do not know what you are talking about, we are not responsible for the losses that YOUR (not theirs) representative/money manager has incurred on your account, please check your agreement with us”!!!

Now I am in the status of a person who has been scammed all my life savings by a professional scammer broker who might have been involved in killing and kidnapping, wow!!! I’m sure that I’m not the only case; I have heard that there are a lot of other people who had experienced this with the same exact broker. This is why I am reaching out here in FPA to see if there would be a way to join forces against this criminally organised broker.

I do have everything that I have mentioned above perfectly documented, emails, recorded phone conversations with Windsor Brokers representatives, and screenshots of my account at the B.I. as well as full statement of my account at Windsor, which I fought to get.

I wish this issue would grab the attention of the Justice Makers in this industry. I have been almost destroyed by this scam & lost almost all of my life savings; I need help, and want to insure that this does not happen to anyone else.

Obviously, Windsor Brokers is a cover up for some kind of a large scam or dangerous operation. I really hope no one experiences what I have been through.