Company Overview
Windsor Brokers is a global brokerage firm that has been operating since 1988, providing a range of online trading services in Forex, CFDs, and commodities. The company offers trading platforms and conditions tailored to both retail and institutional traders, with a focus on reliability, transparency, and quality customer service.
Windsor Brokers is regulated by the Cyprus Securities and Exchange Commission (CySEC) and operates under the EU’s MiFID (Markets in Financial Instruments Directive) framework. While CySEC provides a degree of investor protection, it’s important to note that this regulatory status is more common among brokers serving European clients, and may not offer the same level of protection as top-tier regulators like the UK’s FCA or the US’ CFTC.
The broker is known for offering a solid trading experience with a range of account types, competitive spreads, and a variety of payment methods. Windsor Brokers is well-suited for both beginner and experienced traders who want to access diverse markets with a trusted, regulated broker.
Pros and Cons
Pros
- Charges narrow spreads on main currency pairs, cutting trading expenses
- Provides a variety of account kinds to accommodate traders of various skills and money
- Supports the popular MetaTrader 4 platform and offers a native iOS and Android app
- Windsor Brokers has nearly three decades of expertise in the brokerage market, which indicates stability and dependability
- Clients are protected from losing more than the amount they deposit through negative balance protection
- Provides services in numerous areas, making it more accessible to traders worldwide
Cons
- Due to regulatory constraints, Windsor Brokers does not accept clients from the United States
- Charges fees on specific account types, which might increase trading costs
- Some account types may need a larger minimum deposit
- There have been reports of conflicting experiences with customer service, with some criticizing poor response times or inadequate solutions
Security
Windsor Brokers places a strong emphasis on client security. The broker operates under strict CySEC regulations, which include the segregation of client funds into separate accounts, ensuring that client money is kept safe and protected. Additionally, Windsor Brokers employs SSL encryption technology to protect personal and financial data from unauthorized access. However, it is important for traders to be aware that the broker’s regulation by CySEC is considered mid-tier, which may not provide the same level of investor protection as brokers regulated by top-tier bodies like the UK’s FCA.
Tradable Instruments
Windsor Brokers offers a wide variety of financial instruments for traders to choose from:
- Forex: The broker offers over 50 currency pairs, including major, minor, and exotic pairs.
- Commodities: Windsor Brokers offers CFDs on popular commodities like gold, silver, oil, and agricultural products.
- Indices: Traders can access CFDs on major stock indices, such as the S&P 500, FTSE 100, and NASDAQ.
- Cryptocurrencies: Windsor Brokers offers CFDs on major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
- Stocks: The broker provides CFDs on individual stocks, allowing traders to speculate on shares of major global companies.
- ETFs: Windsor Brokers also offers CFDs on various exchange-traded funds (ETFs), providing traders with access to a diverse range of assets.
Account Types
Zero
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:1000 |
| Margin call level | 100 |
| Stop-out level | 20 |
Prime
| Minimum deposit | 0 |
|---|---|
| Commission | 1.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:1000 |
| Margin call level | 100 |
| Stop-out level | 20 |
Commissions and Fees
Windsor Brokers’ pricing structure is competitive, with the following key features:
- Spreads: The broker offers spreads starting from 1.0 pip on major currency pairs like EUR/USD. Spreads may widen during periods of high market volatility or low liquidity.
- Commissions: Windsor Brokers does not charge commissions on its Standard accounts, but commissions may apply on certain accounts or trading instruments, especially for professional clients or for trading high volumes.
- Swap Fees: Like most brokers, Windsor Brokers charges overnight financing fees (swap fees) on positions held overnight. These fees can vary depending on the instrument and the direction of the trade (long or short).
- Deposits and Withdrawals: Windsor Brokers does not charge fees for deposits, but certain withdrawal methods (such as bank transfers) may incur charges. The fees typically depend on the payment provider and the amount withdrawn.
Trading Platforms
| Available tools | Cryptocurrency, CFDs, Forex, Commodities, Stocks, Indices, Metals, Energy |
|---|---|
| Cryptocurrencies | BTC, BTC Cash, ETH, LTC, XRP |
| CFD | Forex: 45 Metals: 7 Energy: 5 Commodities: 6 Indices: 14 Stocks: 103 ETFs: 6 Cryptocurrency: 6 |
Windsor Brokers offers two primary trading platforms:
- MetaTrader 4 (MT4): The most popular and widely used trading platform globally, MT4 is known for its advanced charting tools, technical analysis capabilities, and automated trading options (Expert Advisors). Traders using MT4 can access a wide range of trading instruments, including Forex, CFDs, and commodities.
- WebTrader: For traders who prefer not to download any software, Windsor Brokers also offers a web-based trading platform. WebTrader allows users to access their accounts and trade directly from a browser, offering similar functionality to MT4 but with greater accessibility.
Both platforms are available on desktop and mobile devices, allowing traders to manage their trades on the go.
Customer Support
Windsor Brokers offers a range of customer support options to assist traders:
- Live Chat: The live chat option provides quick responses to general queries.
- Email Support: Traders can contact customer support via email for non-urgent inquiries.
- Phone Support: The broker offers telephone support in multiple languages.
- Multi-Language Support: Windsor Brokers supports traders in several languages, including English, Arabic, Russian, and Greek, making it accessible to clients from different regions.
Support is available during market hours, but response times may vary depending on the volume of queries.
Account Opening
Opening an account with Windsor Brokers is simple and straightforward. The process involves the following steps:
- Registration: Complete the online registration form, providing basic personal details such as name, email, and phone number.
- Verification: Submit identity verification documents, such as a passport or ID card, as well as proof of address (e.g., utility bill or bank statement).
- Deposit Funds: Fund your account using one of the available deposit methods, such as bank transfer, credit/debit cards, or e-wallets.
- Start Trading: Once your account is funded, you can start trading on the platform of your choice.
The minimum deposit for a Standard account is generally $100, but this may vary depending on the region and account type.
Deposits and Withdrawals
Windsor Brokers supports a variety of payment methods for deposits and withdrawals:
- Bank Transfer
- Credit/Debit Cards (Visa, MasterCard)
- E-wallets (Skrill, Neteller)
- Cryptocurrency Transfers (in some regions)
Deposits are generally processed instantly, except for bank transfers, which may take a few days. Withdrawal processing times vary depending on the method, with e-wallets generally being the fastest option.
FAQ
Is Windsor Brokers regulated?
Yes, Windsor Brokers is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures compliance with EU financial regulations.
What trading platforms are available?
Windsor Brokers offers MetaTrader 4 (MT4) and WebTrader for both desktop and mobile devices.
What is the minimum deposit for a Windsor Brokers account?
The minimum deposit for a Standard account is typically $100, although this may vary depending on the region and account type.
What is the maximum leverage available?
Windsor Brokers offers leverage of up to 1:500, depending on the asset and regulatory restrictions in the trader’s region.
Are there any withdrawal fees?
While Windsor Brokers does not charge fees for deposits, certain withdrawal methods, such as bank transfers, may incur fees depending on the payment provider.