Sommario:Windsor Broker Ltd, founded in 1988 and headquartered in Limassol, Cyprus, is an European brokerage firm that has been providing financial services to retail, corporate and institutional investors worldwide for many years, offering a wide range of financial instruments, including Forex, commodities, indices, and shares, as well as a variety of trading platforms and trading tools. Windsor Brokers Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC, No. 030/04).
Windsor Brokers Review Summary in 10 Points | |
Founded | 1988 |
Registered Country/Region | Cyprus |
Regulation | CYSEC, FSC (Offshore) , FSA ( Offshore) |
Market Instruments | CFDs on forex, spot metals, spot commodities, spot indices, shares, ETFs |
Account Types | Prime account, Zero account |
Demo Account | Available |
Leverage | 1:30 |
EUR/USD Spread | 0.2 pips |
Trading Platforms | MT4 |
Minimum deposit | $50 |
Customer Support | 24/5 multilingual live chat, phone, email |
Windsor Broker Ltd, founded in 1988 and headquartered in Limassol, Cyprus, is an European brokerage firm that has been providing financial services to retail, corporate and institutional investors worldwide for many years, offering a wide range of financial instruments, including Forex, commodities, indices, and shares, as well as a variety of trading platforms and trading tools. Windsor Brokers Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC, No. 030/04).
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Regulated by CySEC | • Limited payment methods |
• Negative balance protection | • Clients from the USA, Japan and Belgium are not accepted |
• Wide range of trading tools | • Limited info on accounts |
• MT4 for all devices | |
• Low spreads and commissions | |
$30 no deposit bonus | |
• Wide product portfolios | |
• Demo accounts available |
Regulation by a reputable authority like Cyprus Securities and Exchange Commission (CySEC) is a positive factor indicating that Windsor Brokers is a legitimate broker. Additionally, the fact that they offer negative balance protection is also a plus for traders.
CFDs on forex, spot metals, spot commodities, spot indices, shares, ETFs are all available at Windsor Brokers. The broker allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade with Windsor Brokers.
Demo Account: Windsor Brokers provides a demo account that allows you to try out the financial markets without the risk of losing money.
Live Account: Windsor Brokers offers two types of real trading accounts: the Prime Account and the Zero Account. The Prime Account, geared towards support-oriented traders, has a lower $50 minimum deposit and spreads starting from 1.0 pips on major pairs. It provides zero commission on forex CFDs, an $8 commission per lot for crypto CFDs, and includes training resources.The Zero Account targets heavy traders with a $1,000 minimum deposit, zero spreads on major currency pairs, and a maximum leverage of 1:1000. It charges an $8 commission per lot for forex, metals, and crypto CFDs, with no commission on other CFDs. Both accounts offer negative balance protection, personal account managers, a 0.01 minimum trade volume, a 50 lot restriction per ticket, hedging allowance, and a 20% stop-out level with a 100% margin call. Notably, the Zero Account does not support Islamic/swap-free accounts.
The maximum leverage offered by Windsor Brokers is only 1:30, which may seem too low to you. Margin requirements for professional clients based on 1:100 leveraged accounts. Other leverages are available to Professional Clients only.
In reality, those leverage of up to 1:500 or even 1:1000 are all from unregulated or offshore regulated brokers, and as we know, offshore regulation is much less strict regulation. For brokers that are formally regulated by the major regulatory bodies, they can only offer leverage of 1:30 or 1:50 at best, which is sufficient for the novice Forex trader. Lower leverage reduces the potential gains on trades, but more importantly, it reduces much of the risk. We recommend that you always keep your account risk at 2% or less.
It is commendable that in the trading instruments interface, Windsor Brokers provides a detailed table showing the spreads, margin requirement, pip value, and stop levels of various instruments in various accounts in detail, which greatly facilitates customers' inquiries and comparisons.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission per Lot |
Windsor Brokers | 0.2 pips | $0 |
BlackBull Markets | 0.8 pips | $6 |
Eightcap | 0.6 pips | $3.50 |
FOREX TB | 0.7 pips | $0 |
Note: Spreads can vary depending on market conditions and volatility.
Windsor Brokers offers traders the popular MT4 trading platform for PC, Mac, WebTrader, Android, iPhone, Android Tablet and iPad, which is ideal for all traders, whether they are professional traders or beginners. MT4 trading platform features powerful charting capabilities, a large number of indicators and algorithmic trading features, a user-friendly interface, a dynamic security system, and multi-terminal functionality.
See the trading platform comparison table below:
Broker | Trading Platforms |
Windsor Brokers | MT4, WebTrader |
BlackBull Markets | MT4, MT5, WebTrader |
Eightcap | MT4, MT5, WebTrader |
FOREX TB | MetaTrader 4 |
Windsor Brokers provides a variety of trading tools to its clients to help them make informed trading decisions. These tools include market analysis and commentary, an economic calendar, and information on market holidays. Additionally, the broker offers several Forex calculators, such as Profit, Margin, Pip, Fibonacci, and Pivots calculators, which can be useful in managing risk and determining potential profits. By providing these trading tools, Windsor Brokers aims to empower traders with the necessary knowledge and resources to navigate the financial markets.
In terms of deposits and withdrawals, Windsor Brokers offers these payment methods: Credit/debit cards (Visa/MasterCard), WebMoney, Wire Transfer, Neteller and Skrill.
Windsor Brokers | Most other | |
Minimum Deposit | $100 | $100 |
The broker does charges fees for deposits and withdrawals, which vary on the payment method. All deposits are processed on the same day, while most withdrawals can be processed on the same day with the exception of wire transfer withdrawal.
More details concerning deposit/withdrawal fees and processing time can be found in the table below:
Payment Options | Fee | Processing Time | ||
Deposit | Withdraw | Deposit | Withdraw | |
Credit/debit cards (Visa/MasterCard) | 3% | $/€/£3/transaction | Same day | Same day |
WebMoney | 0.8% | 0.8% | ||
Wire Transfer | Vary | Vary $0-30 | Vary | |
Neteller | 3% | $/€/£3/transaction | Same day | |
Skrill | 3% | 1% - min $/€/£3£ |
Broker | Deposit Fees | Withdrawal Fees |
Windsor Brokers | Vary on the method | Vary on the method |
BlackBull Markets | None | None |
Eightcap | None | None |
FOREX TB | None | None |
Note: Fees may vary based on the payment method and currency used. Please refer to the broker's website for the most up-to-date information.
Below are the details about the customer service.
Service Hour: 24/5
Live Chat/Fill in Contact Form
Email: support@windsorbrokers.eu
Phone: +357 25 500 700
Fax: +357 25 500 555
Address: Spyrou Kyprianou 53, Windsor Business Center, 3rd Floor, Mesa Geitonia, 4003 Limassol, Cyprus,
Or you can also follow this broker on some social media platforms, such as Twitter, Facebook, Instagram, YouTube and Linkedin.
Overall, Windsor Brokers' customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Pros | Cons |
• 24/5 multilingual customer support | • No 24/7 customer support |
• Multi-channel support | |
• Live chat available | |
• Quick response time for customer inquiries |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Windsor Brokers' customer service.
Windsor Broker offers a $30 no deposit bonus for new clients, credited after completing a straightforward account opening process - apply, register by meeting requirements, and receive $30 in trading credit upon approval, allowing risk-free platform exploration.
Windsor Brokers offers some educational resources to help traders improve their skills and knowledge. They have a video library that covers topics such as technical analysis, risk management, and trading strategies. They also have a glossary of trading terms and an ebook library that covers a range of topics such as trading psychology, fundamental analysis, and more. These educational resources are available for free to all clients of Windsor Brokers.
On the WikiFX website, you can see that some users have reported unable to withdraw. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Windsor Brokers is a regulated broker that offers access to multiple markets and trading platforms, as well as a range of trading tools and educational resources. The broker's negative balance protection is a positive feature that helps protect traders from incurring losses beyond their deposited funds.
However, some users have reported difficulties with withdrawals, which may raise concerns about the broker's reliability. Overall, Windsor Brokers appears to be a reputable broker that offers a good range of services, but potential traders should carefully consider the reported withdrawal issues before deciding to open an account.
Q 1: | Is Windsor Brokers regulated? |
A 1: | Yes. It is regulated by Cyprus Securities and Exchange Commission (CYSEC). |
Q 2: | At Windsor Brokers, are there any regional restrictions for traders? |
A 2: | Yes. It does not accept clients from the USA, Japan and Belgium. |
Q 3: | Does Windsor Brokers offer demo accounts? |
A 3: | Yes. |
Q 4: | Does Windsor Brokers offer the industry-standard MT4 & MT5? |
A 4: | Yes. It supports MT4. |
Q 5: | What is the minimum deposit for Windsor Brokers? |
A 5: | The minimum initial deposit to open an account is $50. |
Q 6: | Is Windsor Brokers a good broker for beginners? |
A 6: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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