Windsor Brokers Review 2024

Quick Links

• Our Review Method

• Windsor Pros and Cons

• Is Windsor safe or a scam?

• Windsor Brokers Review Summary in 12 Points

• Overall Windsor Ranking

• Awards

• Is Windsor Brokers regulated?

• Leverage

• Account Types

• Windsor Instruments

• Fees

• Spread

• Deposits and Withdrawals

• Trading Platform

• Conclusion

Our Review Method ▲

Windsor Brokers, having been established in 1988, stands as one of the most seasoned brokerage firms in the region. The firm's capital adequacy ratio, at an impressive 56%, far exceeds the minimum regulatory requirements, showcasing a robust and secure trading environment. Following an extensive analysis, our experts have concluded that Windsor is a trustworthy broker recognized for its good reputation, diverse account options, and competitive pricing, whether through commissions or spreads. Additionally, Windsor offers a variety of trading platforms and professional educational resources. However, it's worth noting that Windsor does not offer 24/7 support, and the spreads on Standard accounts are above the industry average.

Windsor Pros and Cons ▲

Pros

• Good reputation and reliability

• Diverse account types with competitive pricing

• Professional educational resources

Cons

• No 24/7 customer support

• Higher than average spreads on Standard accounts

Is Windsor safe or a scam? ▲

Windsor Brokers is not a scam. The company has laid a firm foundation through two primary registrations to accommodate global operations while providing slightly different products according to each jurisdiction's regulatory requirements. Our ranked Windsor Trust Score stands at 8.4 out of 10, reflecting the broker's longstanding good reputation and service. The broker is fortified with top-tier licenses and offers a compensation scheme in the event of financial loss, though conditions may vary across jurisdictions.

Windsor Brokers Review Summary in 12 Points ▲

• Headquarters: Belize

• Regulation and License: CySEC, FSC, JSC, FSA, CMA

• Instruments: Cryptocurrencies, CFDs, Futures, Metals, and Bonds

• Platforms: MT4

• EUR/USD Spread: 1.5 pips

• Demo Account: Available

• Base currencies: AUD, USD, GBP, EUR

• Minimum deposit: $100

• Education: Includes educational support and an analytical data center

• Customer Support: Available 24/5

Overall Windsor Ranking ▲

Based on our testing and comparison to over 1000 brokers, Windsor is considered a reputable broker offering reliable service and favorable trading conditions. The broker's global reach and the wide array of services it provides are among its most significant advantages. Consequently, Windsor's overall ranking is 8.3 out of 10.

Awards ▲

Windsor has been recognized with a multitude of awards over the years, highlighting the broker's provision of commendable conditions and its substantial growth. Initially focusing on the European market, Windsor has now achieved global broker status with extensive regional coverage. The awards Windsor has received serve as a testament to its excellence and development over time.

Is Windsor Brokers regulated? ▲

Windsor Brokers is regulated by the Financial Services Commission (FSC) of Belize, an offshore zone, and by the Cyprus Securities and Exchange Commission, among other regulatory bodies. This dual regulation ensures Windsor can offer legal trading services globally, including in Jordan, where it caters to Muslim Traders with Islamic Accounts. Though we generally advise caution when dealing with offshore or unlicensed brokers due to associated risks, Windsor's additional regulation from reputable authorities signifies its commitment to compliance and client protection. Funds are kept in segregated accounts in top-tier banks, ensuring data protection and a secure trading environment.

Leverage ▲

While trading with Windsor Brokers, traders have the advantage of utilizing the powerful tool of leverage, which can amplify potential gains by allowing the multiplication of initial balances. However, it's crucial for traders to understand how to correctly use leverage, as it also increases the potential for higher losses. Windsor Brokers offers a variety of leverage options catering to different types of traders. For professionals and seasoned traders or those operating under the global entity of Windsor, high leverage levels such as 1:200, 1:400, or 1:500 are available. Conversely, for European residents, a maximum leverage level of 1:30 is offered in compliance with CySEC and ESMA regulations that limit the use of high leverage.

Account Types ▲

Windsor Brokers offers two distinct types of accounts, differentiated by the trading platforms used and the size of trades they accommodate. Both account types come with several advantageous features, including negative balance protection, multilingual customer support, and access to educational resources, all designed to enhance the trading process. The Prime Account is ideally suited for novice or intermediate traders, while the Zero Account caters to professionals or active traders by offering tighter spreads.

Windsor Instruments ▲

From its inception, Windsor Brokers has been committed to providing investors access to global markets through an extensive range of trading instruments. This includes over 600,000 financial assets across Forex, Cryptocurrencies, CFDs, Futures, Metals, and Bonds. The broker's Market Range Score stands at 4.3 out of 5, reflecting a solid selection of trading instruments. However, it's worth noting that the broker primarily deals in CFDs and Forex Instruments, and the availability of specific assets depends on the jurisdiction under which the trader is registered. Windsor Brokers also ensures trading experiences are supported by robust risk management systems, focusing on transparent trading practices, maintaining capital reserves, and offering numerous protections against extreme market conditions.

Fees ▲

The cost structure at Windsor Brokers varies by account type, incorporating either spreads or commission charges into the fee schedule. Our comprehensive analysis, which benchmarks against a pool of over 1000 brokers, awards Windsor's fee structure a commendable score of 7.9 out of 10, positioning it as average to low in comparison. Fees differ across the broker's operational entities.

Spread ▲

Windsor Brokers offers spreads that differ by account type, with the Zero Account featuring spreads starting from 0 pips, while the Prime Account has spreads beginning at 1.5 for EUR/USD pairs. When benchmarked against a wide spectrum of brokers, Windsor's spread offering receives a rating of 7.2 out of 10. Despite finding the Forex spreads slightly above the industry average of 1.5 pips for EURUSD, Windsor's other spread offerings are significantly more competitive.

Deposits and Withdrawals ▲

Depositing funds into a Windsor account is a streamlined process, facilitated by the variety of available payment methods. We rated Windsor's funding methods as Excellent, with an overall score of 7.9 out of 10. The broker either charges minimal fees or none at all for deposits, supporting multiple account currencies. However, the available deposit options may vary by entity.

Pros

• Numerous payment methods with minimal to no fees

• Supports multiple account currencies

Cons

• Deposit options may vary by entity

The minimum deposit requirement at Windsor Brokers is $100 for a Prime Account, while a Zero Account necessitates maintaining $2,500 to access enhanced trading conditions and lower spreads. Compared to most other brokers, which typically require a minimum deposit of $500, Windsor's entry threshold is notably lower.

For withdrawals, Windsor supports a range of options including card payments, Skrill, Neteller, WebMoney, and bank transfers. Fees for these services vary, with card payments and Skrill, Neteller incurring a 3% fee, WebMoney charging 0.8%, and bank transfers subject to varying fees depending on the institution and region.

Trading Platform ▲

Windsor Brokers capitalizes on the industry-leading MT4 platform, praised for its robust execution capabilities, comprehensive charting functions, and a plethora of indicators suitable for any trading strategy. The platform's support for algorithmic trading and its user-friendly interface have cemented its position as a dynamic and versatile system. The broker's platform offering is ranked Excellent, with a score of 7.4 out of 10, distinguishing it as one of the best among over 1000 brokers for offering the MT4 platform.

Additionally, Windsor provides access to the AMO platform, a feature-rich environment suitable for desktop, web, or mobile usage. This platform offers advanced algos, trading tools, in-depth news access, technical analysis, sophisticated risk analysis tools, and customizable spreads starting from 0 pips. The mobile version maintains nearly identical functionality to desktop versions, including price alert notifications and streaming quotes.

Conclusion ▲

Windsor Brokers stands as one of the oldest entities in the brokerage industry, achieving its stature through a combination of seamless trading offerings and smooth operational processes. The broker's competitive market access, technical advancements, and solutions suite, which includes the popular MT4 platform and the sophisticated AMO platform, have contributed to its enduring success. Additionally, Windsor's customer support is highly rated, providing another layer of value to its clients. Our findings and the consensus among financial experts suggest that Windsor Brokers is particularly well-suited for:

• Professional Traders

• Traders utilizing Expert Advisors (EAs)

• Individuals who prefer the MT4 platform

• Engaging in currency and CFD trading

• Traders employing a variety of trading strategies