Windsor Brokers Review accounts, Platforms and Fees

Windsor Brokers was established in 1988 and is one of the longest-standing brokers in the world of forex. It provides a highly secure trading environment for traders and offers financial services to customers in over 80 countries worldwide, including Thailand, Indonesia, Malaysia, South Africa, Dubai, and Kenya. With regulations in place, the ability to open an account with a minimum capital of $100, numerous awards, and many advantages and features, Windsor Broker is among the best forex brokers for beginners and experienced traders. BrokerLand website will review all the key features you need to know about this broker.

ّIntroducing Windsor Brokers

Windsor Brokers, founded in 1988, is one of the oldest online brokers in the forex industry. It offers online CFD trading to customers in over 80 countries worldwide through two units. One is based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC), serving customers in Europe. Other parts of the world can access services through its unit in Belize and its sister office in Jordan. Both are regulated by the International Financial Services Commission of Belize and the Jordan Securities Commission.

The MetaTrader 4 trading platform is provided by Windsor Broker, allowing customers to access a wide range of financial assets for trading. It’s worth noting that this broker does not currently support MetaTrader 5, but this is not a significant limitation for traders, as various forex order types can be placed within the MT4 version. Additionally, this broker offers its own mobile app for both Android and iOS operating systems, which traders can download from their website.

When it comes to account options, Windsor Brokers simplifies the choice by offering two types of accounts: one for beginners and another for more experienced traders who can also upgrade to VIP status. There’s a trading account for MetaTrader 4 and a VIP ZERO account.

🏢Headquarter Belize
🗺️Regulation CySEC، FSC، JSC، FSA، CMA
📉Trading Instruments Forex، CFD، Metals, Futures, Cryptocurrency,…
🖥Trading Platform MT4
💰EUR/USD Spread From 0.2 pips
🎮Demo Account Available
💰Base currency AUD، USD، GBP، EUR
💳Minimum Deposit 50 Dollar
📚Learn Forex Trading Available
☎Customer Support 24/5

Regulation and Security

Windsor Brokers is not a scam and offers its services through two main units to ensure global coverage while providing a slightly different product in compliance with legal requirements in each jurisdiction. This broker is supported by a wide range of high-level licenses and offers a compensation plan in case of fund loss. It’s important to note that conditions may vary from one jurisdiction to another.

Windsor Broker is regulated by the Financial Services Commission (“FSC”) of Belize, which is an offshore region. Additionally, Windsor Brokers Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds an EEA license, complying with MiFID regulations to offer trading solutions in Europe. Moreover, it is registered in Jordan to provide legal trading services, opening opportunities for those traders with Islamic swap-free accounts.

Windsor Broker Licenses:

  1. Windsor-Brokers (BZ) Ltd – Licensed by FSC (Belize)
  2. Windsor-Brokers Ltd – Regulated by CySEC (Cyprus) Registration No. 030/04
  3. Seldon Investments Limited – Licensed by JSC (Jordan) Registration No. 18/01855/1/3
  4. Windsor-Brokers International Ltd – Licensed by FSA (Seychelles) Registration No. SD072
  5. Windsor Markets Limited – Licensed by CMA (Kenya) Registration No. 209/4201

Windsor Broker Awards:

The awards received by Windsor Brokers over the years reflect the good conditions this broker has provided in the past. They have made significant progress, shifting from primarily operating in Europe to becoming a truly global broker with wide regional coverage. Some of the awards received by this broker include:

  • Awards in 2022:

– Best Forex Brokerage Program Jordan Forex Expo & Jordan Money Expo 2022
– Best Multi-Asset Forex Brokerage 2022 at the Dubai Forex Expo 2022

  • Awards in 2021:

– Most Trusted Forex Broker of the Year 2021 at JFEX – Jordan

  • Awards in 2018:

– Best Multi-Trading Platform by Global Brands Magazine
– Best Company in Charity and Corporate Social Responsibility by International Finance Magazine
– Best Customer Support in the Forex Industry by International Business Magazine
– Best Forex Broker by IFF – Malaysia
– Most Transparent Forex Broker in Jordan
– Best Forex Research Team by Cyprus

  • Awards in 2017:

– Best Broker of the Year at Jordan Forex Expo & Awards
– Most Trusted Forex Broker at Jordan Forex Expo & Awards
– Most Trusted Forex Broker at UK Forex Awards

  • Awards in 2015:

– Most Trusted Forex Broker at Saudi Money Expo
– Sound Industrial Relation by OEB – Cyprus

  • Awards in 2014:

– Best Forex Technology at Saudi Money Expo
– Excellence in Business Award by CIBA – Cyprus
– International Investment Award by CIPA – Cyprus
– Best Trading Software Award at Saudi Money Expo
– Best Forex Market Presenter at China International Expo

  • Awards in 2013:

– Best New Trading Platform at MENA 12th Forex Show
– Most Innovative Platform at 5th Saudi Money Expo
– Best Affiliate Support at 4th Saudi Money Expo

  • Awards in 2012:

– Best Trading Platform at Saudi Money Exhibition
– Best Forex Broker at Middle East Forex Expo

  • Awards in 2011:

– Best Forex Broker at Middle East Forex Expo

  • Awards in 2010:

– Best Forex Broker at Middle East Forex Expo

Windsor Broker Awards:Leverage and Margin at Windsor Brokers

When trading with Windsor Broker, you have the option to use powerful leverage, which can potentially increase your profits. However, it’s crucial to learn how to use leverage correctly to manage stop-outs, as this tool can also increase your potential losses.

  • Windsor Brokers offers both high levels of leverage, such as 1:200, 1:400, or 1:500, for professional traders dealing with the global entity of Windsor.
  • Alternatively, for residents of Europe, a lower level of up to 1:30 is available. This is because CySEC, in conjunction with ESMA, restricts the use of high leverage.

The table below shows the leverage levels and required margins at Windsor Broker.

Trading Volume (Lots) Maximum Leverage Required Margin
0-10 1:1000 0.10%
10.01-100 1:500 0.20%
100.01-150 1:200 0.50%
150.01-250 1:100 1%
250.01-350 1:50 2%
350.01+ 1:25 3.33%

Types of Windsor Broker’s Trading Accounts

There are two types of trading accounts available at Windsor Broker, categorized based on the platforms you use and the size of your trades. The positive aspect is that these accounts come with protection against negative balances, multi-lingual customer support, and other educational advantages in forex trading. This makes it easier for traders to engage in forex trading with confidence during their preferred forex trading sessions.

MetaTrader4 Zero Account:

  • Minimum Deposit: $1000
  • Spread on Major Symbols: From 0 pips
  • Maximum Leverage: 1:1000
  • Commission per Trade: $8
  • Minimum Trade Size: 0.01 lots
  • Maximum Limit per Order (Forex): 50 lots
  • Hedging and Risk Hedging Available
  • No Swap-Free Accounts
  • Protection against Negative Balance
  • Personal Account Manager
  • No Demo Account Available
  • Stop Out at 20% Margin Call at 100%

MetaTrader4 Prime Account:

  • Minimum Deposit: $50
  • Spread on Major Symbols: From 1.0 pip
  • Maximum Leverage: 1:1000
  • No Commission
  • Minimum Trade Size: 0.01 lots
  • Maximum Limit per Order (Forex): 50 lots
  • Hedging and Risk Hedging Available
  • Islamic/Swap-Free Accounts Available
  • Protection against Negative Balance
  • Personal Account Manager
  • Practice and Education Available
  • Stop Out at 20% Margin Call at 100%

Zero VIP Account:

  • Suitable for professional traders
  • Features include a personal account manager, one-on-one training sessions with Windsor Broker’s senior analyst, and lower trading commissions.

Windsor Brokers offers a wide range of trading assets, including Forex, stocks, and cryptocurrencies, allowing traders to add these assets to their portfolios and potentially profit from them. You can also connect your account to the MQL website, as is common with other brokers.

Trading Instruments at Windsor Broker

There is a wide range of assets available for trading at Windsor Broker. These assets include Forex, stocks, and cryptocurrencies. If you wish, you can add these assets to your trades and potentially profit from them. It’s worth noting that trading cryptocurrencies like Bitcoin can be a profitable avenue, especially since personal bitcoin mining has become increasingly challenging and constrained. Below, you can view the trading instruments offered at Windsor Brokers.

Trading Instruments at Windsor

Fees

The fees at Windsor Broker vary depending on the type of account you use and are either in the form of spreads or embedded commissions. You can see the cost table below. Deposits and withdrawals with Windsor Brokers are free and incur no charges.

Type of Fee Windsor Broker Fee
Deposit Commission No
Withdrawal Fee NO

Spreads at Windsor Broker

Spreads at Windsor Brokers are, like with any other broker, offered based on the type of account you are trading with. For example, you can see spreads for major trading pairs like EUR/USD, crude oil, and gold in the table below for different account types.

Account Type Trading Instrument Trade Size Minimum Spread (Pips) Typical Spread (Pips)
MetaTrader4 Zero EURUSD 100,000 EUR 0 0.2
MetaTrader4 Zero Gold 100 oz 0.08 0.13
MetaTrader4 Zero Crude Oil 1000 barrels 0.03 0.03
MetaTrader4 Prime EURUSD 100,000 EUR 1 1.5
MetaTrader4 Prime Gold 100 oz 0.24 0.28
MetaTrader4 Prime Crude Oil 1000 barrels 0.03 0.03

Trading Platforms at Windsor Brokers

As mentioned earlier in this review, Windsor Broker offers the MetaTrader 4 trading platform. It has been used by forex traders for almost two decades and remains a favorite among traders. The ability to install the best forex indicators, use Expert Advisors, and the user-friendly interface have kept this platform popular. Additionally, MT4 is suitable for trading CFDs.

Windsor Brokers also provides its own applications for Android and iOS. You can download these apps from the broker’s website.

Trading Platforms at Windsor Brokers

Deposit and Withdrawal Methods

Windsor Broker offers a complete range of deposit and withdrawal methods, like most other brokers. You can choose one of the following methods based on your preference:

Deposit:

  • VISA card: USD – Same Day Processing – Max. amount: 25000 – Fees: 0%
  • Master card: – USD – Same Day Processing – Max. amount: 25000 – Fees: 0%
  • Wire Transfer: – USD, EUR, KWD – Process time: Varies – Max. amount: NA – Fees: Vary

Withdrawal

  • VISA card: USD EUR GBP – Same Day Processing – Max. amount: None – Fees: $3,€3,£3/transaction
  • Master card: USD, EUR, GBP – Same Day Processing – Max. amount: None – Fees: $3,€3,£3/transaction
  • Wire Transfer: USD, EUR, KWD – Process time: Varies – Max. amount: NA – Fees: Varies

For withdrawals from your account at Windsor Broker, you can use the same methods available for deposits. Withdrawals are easily processed through your user menu and the withdrawal section.

Windsor Broker’s Customer Support

Customer support at Windsor Brokers is available from Monday to Friday. You can contact their support team via email, web form, phone, or live chat. They offer support in multiple languages.

Summary

Windsor Broker is one of the oldest brokerage companies and has been a top choice for traders in many countries due to its advantages and high security. This broker offers not only the popular MT4 platform but also its own applications for Android and iOS. Customer support at this broker is of a high standard. Having MetaTrader 4 as a trading platform is excellent, and the fees, spreads, commissions, deposit and withdrawal conditions are fair and reasonable.

Pros:

  • Windsor Brokers is a regulated and secure broker with several licenses.
  • It offers various account types suitable for both professional and novice traders.
  • The option to use Expert Advisors.
  • Trading in forex, cryptocurrencies, and CFDs.
  • Suitable for various trading strategies, including scalping and swing trading.
  • A wide range of tradable symbols.
  • Competitive trading conditions.
  • Multiple industry awards.
  • Convenient and diverse deposit and withdrawal methods.

Cons:

The only potential downside is the lack of support for MetaTrader 5.

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