Independent Review - Windsor Brokers

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While there is no such thing as free money, there are ways to improve your financial standing, and trading the financial markets is one of those ways.

Over the years we have come across a lot of CFD brokers, and many of them promise easy trading results, while also letting you know how many fails at trading. The truth is that successful trading requires dedication, perseverance, education, and plenty of hard work in analyzing price action and trading strategies. And along with all that it also requires a good broker.

Windsor Brokers has been providing its services since 1988 and has been increasing its value to its clients over all those years. Brokers come and go, but Windsor Brokers is obviously here to stay.

Quick Look

Having been founded in 1988, Windsor Brokers is one of the oldest online brokers in the industry. It offers online CFD trading to clients in over 80 countries all around the world through two business units. One is domiciled in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). This unit provides services for clients in Europe.

Windsor Brokers Quick Look

The rest of the world can get services through the business unit located in Belize and its sister office in Jordan. These two are regulated by the International Financial Services Commission of Belize, and by the Jordan Securities Commission.

MetaTrader 4 is the trading platform used by Windsor Brokers, which was very welcome to see. Through the platform clients get access to a wide variety of financial assets for trading, however there are no cryptocurrencies offered.

When it comes to account, we were glad to see Windsor Broker does away with all the tiers and levels and simply offers two account types – one for beginners and one for more experienced traders that can also be upgraded to VIP status.

Overall, everything looks good and the broker is well regulated, so does that mean they are a good broker for your trading needs? That is what we will be exploring through the rest of this review.


Windsor Brokers Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) and caters specifically to the brokers clients in the European Union. It holds license number 030/04 and is held to the standards set out by ESMA. This means that negative balance protection is offered, which assures clients they will never lose more than they have deposited. The broker also participates in the Investor Compensation Fund.

Windsor Brokers (BZ) Ltd. is regulated in Belize by the International Financial Services Commission. The broker has also recently added an insurance policy for €5,000,000 to safeguard its liabilities against clients by providing a coverage against errors, omissions, negligence, fraud and various other risks that may lead to financial loss. In Jordan it operates under the holding company Seldon Investments Ltd. and is regulated by the Jordan Securities Commission under Company National Number 200168191.

Overall, we were pleased to see the licensing and regulation of Windsor Brokers.

Account Types

Traders who go with Windsor Brokers can choose between two types of accounts. These are the Prime account and the Zero account. In general, you could say that the Prime account was designed for new traders, and the Zero account was designed for experienced traders.

In specific terms the Prime account has a small $100 minimum deposit and has no commissions, with spreads as low as 1.0 pips on major forex pairs. Clients have a personal advisor and can also take advantage of training.

The Zero account comes with zero spreads with a minimum deposit of $2500 and a round-trip commission of $8. Zero accounts are recommended for active traders with experience as no training is provided but they do have a Personal Account Manager at their disposal.

Traders with Zero accounts can also apply to upgrade the account to a Zero VIP account. These come with a dedicated client manager and one-to-one meetings with technical analysts.

All the accounts outside the European Union come with 1:500 leverage, while EU accounts are held to the ESMA dictated 1:30 leverage. EU clients can increase this to 1:500 leverage if they qualify as a professional trader.

In addition, Prime accounts can take advantage of Islamic rules that make them Sharia compliant by getting rid of overnight swaps. This is not available for Zero accounts.

Furthermore, there is a demo account available that can be used to test the broker platform and trading conditions.

Available Assets

As you might imagine there are a number assets that can be traded on at Windsor Brokers. It is all the basic assets you would expect like forex and shares, but the broker is not offering cryptocurrencies – yet. We would be willing to wager that at some point soon they will add at least the most popular cryptocurrencies for trading. In the meantime, here is what you can trade on at Windsor Brokers:

Windsor Brokers Available Assets
  • Forex – 40+ forex pairs including majors, minors, and exotics,
  • Indices – 16 indices offered including DJIA and FTSE 100.
  • Shares – Over 30 major global companies such as JPMorgan and Walmart.
  • Commodities (BZ only) – A total of eleven commodities, including five energies and six soft commodities.
  • Treasuries (BZ only) – Three US treasury notes plus one German Bund.
  • Metals (BZ only)Gold and silver against several currencies.

Trading Platforms

As we mentioned at the top of this review, we are happy to see that Windsor Brokers is offering the MetaTrader 4 trading platform. It has been favored by forex traders for nearly two decades for a very good reason – it is simply the best for trading forex assets. It is good for CFDs too, and comes with a host of features, such as:

  • Over 30 detailed technical indicators
  • Expert Advisors to automate trading
  • Several types of orders, including limit orders and stop-losses
  • Custom built indicators and EAs from the Metaquotes Community

Another benefit of offering the MetaTrader 4 platform is that it comes in a desktop version, a mobile version, and a web-based version and all of them synch so you can trade pretty much anywhere and at any time. Plus, money managers can use the MT4 Multiterminal which allows for trading on up to 128 different accounts simultaneously.

Windsor Brokers Trading Platforms

The MT5 platform is currently unavailable at Windsor Brokers however this might be part of their product offering in the future.


Deposits can be made at Windsor Brokers using credit or debit cards, via bank transfer, and via a number of e-wallets like Skrill and Neteller. Deposits are free for most clients, however the EU-based clients using Windsor Brokers Ltd. are subject to a 3% transaction fee. All deposits have same-day processing.

Withdrawals are also processed on the same day, but both business units charge a 3% or £3 fee per transaction. Withdrawals are only sent to the same method that was used for depositing, unless a credit card was used and more than 6 months have passed since the deposit. In that case the funds are sent to a bank account. Total withdrawal times will depend on the method used.

Documents required for account opening must be fully updated and uploaded on the Portal prior to making any withdrawal requests for verification purposes to speed up the process.

Customer Service

Customer support at Windsor Brokers is provided Monday through Friday and the support team can be contacted via email, through a web form, by telephone, or through online chat. Several languages are supported by the support team.

Webform: Contact Support (EU only)


Phone+44 3301280930


Phone+962 6 550 9090

Windsor Brokers Ltd. (EU)

Phone+357 25 500 700

In Conclusion

Overall, we were pretty impressed with the offerings at Windsor Brokers. It should not come as a surprise that they know exactly what they are doing though, with more than 3 decades of experience in the industry.

Probably our only real complaint is that the broker does not offer cryptocurrency trading. They could also expand their stock offerings, but in all honesty, there are plenty of assets available to keep any trader busy and pleased.

Having MetaTrader 4 as the trading platform is excellent, and the fees, spreads, commissions, and banking terms are quite fair.

Ultimately, we would trade with Windsor Brokers and once they add cryptocurrencies, we believe we could use them exclusively.


Company Information

Company Name:
Windsor Brokers
53, Spyrou Kyprianou Avenue, 4004 Mesa Geitonia, Limassol, Cyprus 35 Barrack Road, 2nd Floor, Unit 204, Belize City, Belize 198 Zahran Street Emmar Towers block A, 3rd Floor, Amman, Jordan
Regulatory Authority(s):

Cyprus: CySEC

International Financial Services Commission of Belize, Jordan Securities Commission

+357 25500700 Cyprus +44 3301280930 Belize +962 65509090 Jordan

Account Options

Account Type:
No Dealing Desk
US Clients Accepted:
Variable Spreads, Zero Spreads
Cost Structure:
As of 0 pips on Majors, US$ 8 commission round turn on CFDs


Deposit Methods:
Wire Transfer, Visa, MasterCard, UnionPay, Skrill, Neteller, Webmoney , Astropay, Barter, MPESA, Paga, Mobile Money
Withdrawal Methods:
Wire Transfer, Visa, MasterCard, UnionPay, Skrill, Neteller, Webmoney , Astropay, Barter, MPESA, Paga, Mobile Money
Same Day Withdrawals:
Account Currencies:
Deposit Insured, Segregated:


Deposit Bonus:
First Deposit Bonus:
Bonuses Conditional on Volume:

Customer Service

Supported Languages:
English, Greek, French, Spanish, Farsi, Arabic, Chinese, Korean, Indonesian, Malaysian, Vietnamese, Thai
Support / Service Hours:
Live Online Support:
Phone Trading Available:

Trading Software

Supported OS:
Windows Phone, Android, iPhone
Also Supported:
Web Trading, MT4
Mobile / App Trading:
Android, iPhone


Scalping Allowed:
Hedging Allowed:
Negative Balance Cover:
Automated Trading:
Trading Signals Provided:
Server Side Orders:
Trailing Stops:
Guaranteed Stops:
Guaranteed Limits:
Guaranteed Fills:
OCO Orders:
Interest on Margin:
One Click Trading:
Social / Follow Trading:

Information Services

Email Alerts:
SMS Alerts:
Trade from Charts:
Market Commentary:
News Feed:
Live Economic Events Data:
Signal Service:

Instruments / Contracts

Major Indices:
Precious Metals:
CFD Stocks:

Also Available

Institutional Accounts:
Swap Free Accounts:
Managed Accounts:
PAMM Accounts:

Windsor Brokers Special Forexlive Offer:

Deposit bonus: “Clients registered under Windsor Brokers Ltd (CY) are not eligible for bonus promotions.” $10,000 Deposit Bonus No deposit bonus: “Clients registered under Windsor Brokers Ltd (CY) are not eligible for bonus promotions.” $30 Welcome Bonus

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Get started with Windsor Brokers open a live or demo account below:

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Open Demo Account

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