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Windsor Brokers

3.6 ★

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Windsor Brokers Rating

  • This broker
  • Average
Safety and regulation

Safety and regulation

Opening an account

Opening an account

Fees and commissions

Fees and commissions

Promotions and bonuses

Promotions and bonuses

Platforms and tools

Platforms and tools

What you can trade

What you can trade

Trading conditions

Trading conditions

Deposits and withdrawals

Deposits and withdrawals

Customer support

Customer support

Research

Research

Windsor Brokers in Brief

Founded in 1988 and headquartered in Cyprus, Windsor Brokers operates as a market maker and dealing-desk brokerage providing trading services across retail and institutional segments. The brokerage operates under multi-jurisdictional oversight including regulatory authorities in Jordan, Kenya, Seychelles, and the British Virgin Islands, alongside supplemental civil liability insurance of up to $5,000,000 for its offshore entity clients. Trading is supported through MetaTrader 4, MetaTrader 5, and the proprietary Windsor Brokers App, covering CFDs on currencies, indices, commodities, shares, bonds, and cryptocurrencies. With an entry minimum deposit starting at $50, dynamic leverage reaching up to 1:2000 for offshore accounts, and standard floating spreads beginning around 1.13 pips on EUR/USD in its commission-free Prime account, the broker primarily suits intermediate traders seeking traditional MT4/MT5 architecture, regional Arabic- and multi-language support, and loyalty incentives.

Strong Points

  • Long operational track record dating back to 1988 with multi-jurisdictional licensing across several regional hubs.
  • Supplemental excess-of-loss civil liability insurance coverage up to $5,000,000 per client under the offshore entity.
  • Support for both MetaTrader 4 and MetaTrader 5 alongside a proprietary mobile trading application.
  • Negative balance protection, segregated customer accounts, and hedging and scalping permitted across accounts.
  • Accessible entry threshold with a $50 minimum deposit and dynamic offshore leverage reaching up to 1:2000.

Weak Points

  • Relatively wide floating spreads on the commission-free Prime account averaging 1.13 pips on EUR/USD.
  • Focused overall instrument catalog with only 45 forex pairs and modest stock and crypto selections.
  • A round-turn commission of $8 per lot applied on the Zero account structure.
  • Limited selection of direct funding rails, restricted primarily to Skrill and bank wire transfers.

Key Facts About Windsor Brokers

Feature Details
Founded 1988
Headquarters 53 Spyrou Kyprianou Ave, Mesa Yitonia, 4003, Limassol
Regulation FSA, JSC, CMA, FSC
Minimum deposit $50
Typical EUR/USD spread 1.13 pips
Commission Yes
Platforms MetaTrader 4, MetaTrader 5, Windsor Brokers App
Markets Forex, Indices, Commodities, Stocks, Bonds, Cryptocurrencies, Others
Maximum leverage 1:2000 (High)
Demo account Yes
Account types Zero, Prime, VIP ZERO
Islamic account Yes
Copy trading Yes

Safety and Regulation

2.4/5 avg 3.7

Windsor Brokers was established in 1988, giving it an operational footprint spanning several decades in the retail brokerage sector. The group operates through multiple legal corporate entities tailored to regional regulatory requirements and client jurisdictions.

Regulatory Licenses and Legal Entities

JurisdictionRegulation Explanation
JordanWindsor Brokers International Ltd is regulated by the Jordan Securities Commission (JSC), catering primarily to Middle Eastern and regional clientele.
KenyaWindsor Markets (Kenya) Limited holds a non-dealing online foreign exchange broker license supervised by the Capital Markets Authority (CMA).
SeychellesWindsor Brokers International Ltd is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, holding registration reference FC033490.
British Virgin IslandsWindsor Brokers (BZ) Ltd holds corporate incorporation and authorization under the Financial Services Commission (FSC) in the British Virgin Islands.

Corporate administrative operations maintain an established footprint in Limassol, Cyprus, with registration HE119081, while active operational hubs are located in Jordan, Kenya, and Seychelles. The regulatory profile is classified as Tier-2 due to its combination of national emerging-market regulators and established offshore authorities.

Client Fund Protection

Windsor Brokers implements segregated client bank accounts, keeping operational business capital fully separated from customer margin funds. The firm provides negative balance protection across retail accounts, ensuring that client balances cannot drop below zero during abrupt market dislocations.

In addition to basic statutory requirements, the brokerage provides a supplemental excess-of-loss civil liability insurance policy underwritten through Lloyd's of London brokers, covering up to $5,000,000 per client under qualifying offshore operational entities. This civil liability protection serves to safeguard eligible client claims against severe operational omissions or negligence.

Company History and Transparency

Founded in 1988, Windsor Brokers is a privately owned brokerage with headquarters located at 53 Spyrou Kyprianou Ave, Mesa Yitonia, 4003, Limassol, Cyprus. The company operates as a market maker and dealing desk (DD) provider. Because the firm is not publicly traded and does not maintain public equity shares on an exchange, regular audited financial reports are not released into the public domain.

What Traders Say About Windsor Brokers Safety

Trusted broker.

Opening an Account With Windsor Brokers

5.0/5 avg 4.2

The onboarding process at Windsor Brokers is digital and accommodates both novice and experienced market participants across various regions.

Who Can Open an Account?

Windsor Brokers accepts retail and professional clients across a broad international perimeter. However, regulatory restrictions prevent the broker from accepting clients residing in specific jurisdictions, including the United States, the United Kingdom, Malaysia, Cuba, Iran, Myanmar, Ukraine, Russia, and North Korea.

Registration and Verification

Account creation begins by entering standard personal information, country of residence, and contact credentials via the broker's web portal or mobile application. Compliance requires mandatory Know Your Customer (KYC) identity verification before live funding and trading can commence. Applicants must submit a valid government-issued photographic identification document (such as a passport or national ID card) along with proof of residence dated within recent months (such as a bank statement or utility bill).

Base Currencies and Initial Funding

Accounts can be denominated in four primary base currencies: USD, EUR, GBP, and JPY. The baseline minimum deposit required to open an account is $50, though specific payment channels like Skrill and bank wire transfers impose a $100 minimum threshold.

Which Account Should You Choose?

Windsor Brokers provides three principal account tiers: Prime, Zero, and VIP ZERO, designed around different capital bases and trading strategies.

FeaturePrime AccountZero AccountVIP ZERO Account
Minimum Deposit$50$1,000Custom
Spreads From1 pips0 pips0 pips
Commission$0$8 per lot round-turn$5 per round lot on forex and metals
Maximum Leverage1:20001:20001:2000
Minimum Trade Size0.01 lots0.01 lots0.01 lots
PlatformsMT4, MT5, Windsor Brokers AppMT4, MT5, Windsor Brokers AppMT4, MT5, Windsor Brokers App
Base CurrenciesUSD, EUR, GBP, JPYUSD, EUR, GBP, JPYUSD, EUR, GBP, JPY
Swap-Free AvailableYesYesYes
Demo AvailableYesYesYes
Most Suitable ForDiscretionary and beginner retail tradersScalpers and automated strategy tradersHigh-volume active traders

The Prime account utilizes an all-in spread structure with zero commission charges, making it straightforward for discretionary traders who prefer simple accounting. Conversely, the Zero account targets scalpers and algorithmic traders requiring tighter underlying spreads, offset by a fixed commission charge of $8 per standard lot round-turn. The VIP ZERO tier exists for higher-tier capital accounts seeking customized fee schedules.

Islamic / Swap-Free Account

Windsor Brokers provides Islamic swap-free trading options across its account tiers for traders adhering to Sharia financial principles. Qualified accounts operate without overnight rollover interest or swap charges on currency holdings, available upon formal request and verification from customer compliance.

What Traders Say About Their Account Types

I do not any trade in real account in this broker.but in demo account i understand it have the lowest spread and commission.

What Does It Cost to Trade With Windsor Brokers?

3.4/5 avg 3.5

Windsor Brokers utilizes a dual-track fee framework comprising spread-only pricing on standard accounts and commission-plus-raw-spread execution on Zero accounts. Operating as a market maker, the brokerage incorporates floating markups into its quote feeds across all asset classes.

Spreads and Commissions

Trading costs on the commission-free Prime account are bundled into the spread, which varies dynamically depending on market volatility and underlying liquidity conditions. The broker's Zero account structure reduces spreads toward zero on major pairs while levying a flat commission fee of $8 per round-turn lot.

InstrumentTypical SpreadCommission
EUR/USD1.13 pips$0 (Prime) / $8 per lot (Zero)
Gold0.24 points$0 (Prime) / $8 per lot (Zero)
S&P 5001.02 points$0 (Prime) / $8 per lot (Zero)

Across non-major foreign exchange instruments, typical floating spreads average approximately 1.1 pips on GBP/USD. Because commissions on the Zero account are set at $8 per round-turn lot, total friction on high-frequency trades includes both that commission baseline and the prevailing bid-ask spread.

Other Charges

Deposits

Windsor Brokers does not charge broker-side deposit fees on incoming payments.

Withdrawals

The broker does not assess direct withdrawal processing fees; however, payment service providers and receiving banks may apply independent intermediary or wire settlement charges.

Inactivity

Accounts that experience no trading activity for six consecutive months are classified as dormant and are assessed an ongoing maintenance fee of $3 per month until activity resumes or the balance reaches zero.

Overnight Positions

Financing costs are charged as overnight swap fees when holding leveraged CFD positions past daily rollover (trading servers operate on UTC+2 / UTC+3 seasonal time). Swap rates reflect interest rate differentials and broker markups, though swap-free accounts can be arranged for qualifying Muslim traders.

Currency Conversion

A currency conversion fee applies whenever a trade, deposit, or withdrawal involves a currency denomination different from the chosen account base currency (USD, EUR, GBP, or JPY).

What Traders Say About Their Costs

Never ever I had a complaint about the extra or unwarranted swap or commission while I always keep on fighting for further reduction.

Promotions and Bonuses

4.7/5 avg 4.0

Windsor Brokers offers promotional incentives for non-EU retail clients onboarded through its offshore corporate entities. Eligible traders can access a $30 No-Deposit Free Account welcome bonus, where profits generated can be withdrawn once the user completes at least 20 trading positions totaling a minimum turnover of 1 standard lot. For funded accounts, the brokerage runs a deposit match promotion providing a 20% bonus up to $10,000 in trading credit on qualified deposits, with select promotions offering up to a 100% deposit match capped under an aggregate loyalty limit of $60,000.

Additionally, the brokerage maintains an active trading loyalty program structured into four sequential tiers ranging from Silver to Diamond. This structure allows frequent traders to convert accumulated trading volume points into withdrawable cash or trading credit. Windsor Brokers also hosts competitive trading contests and an Introducing Broker (IB) affiliate program offering volume-based rebates of up to $15 per traded lot.

What Traders Say About Their Promotions

Fake bonus Stop using this broker

Platforms, Apps and Trading Technology

4.6/5 avg 4.5

Windsor Brokers supplies a combination of third-party platforms and internal proprietary software designed to service both technical analysis and mobile trade execution.

MetaTrader 4

MetaTrader 4 (MT4) is available across desktop terminals for Windows and macOS, web browsers, and mobile operating systems. The terminal supports customizable technical charting, interactive indicators, multiple execution modes, and full compatibility with Expert Advisors (EAs) for algorithmic trading.

MetaTrader 5

MetaTrader 5 (MT5) expands analytical capabilities with additional native timeframes, built-in economic calendar feeds, enhanced depth of market (DOM) visualization, and an upgraded strategy tester for multi-currency algorithmic backtesting.

Windsor Brokers App

The proprietary Windsor Brokers App functions as an integrated account management and mobile trading environment. Available on iOS and Android devices, it allows users to monitor real-time pricing, open and manage positions, adjust risk parameters, and process deposit or withdrawal requests directly from their phones.

Mobile App Experience

Mobile trading is supported through official builds of the Windsor Brokers App alongside mobile MetaTrader 4 and MetaTrader 5 applications for both iOS and Android smartphones and tablets, offering push notifications, multi-language navigation, and real-time market tracking.

Trading Tools

Windsor Brokers offers a collection of supplementary resources including economic calendars, CFD calculators, and dedicated Virtual Private Server (VPS) hosting. VPS hosting provides low-latency execution stability for automated Expert Advisors running continuously without relying on personal computer hardware.

Order Execution

The brokerage operates under a Market Maker / Dealing Desk (DD) execution model. Orders are filled internally against available liquidity books. Slippage may occur during periods of high economic volatility, major news releases, or low liquidity outside standard session hours.

Automated and Copy Trading

Algorithmic trading is fully supported across MetaTrader 4 and 5 via custom EAs, script development, and API trading interfaces. Windsor Brokers also provides integrated social trading and copy trading features, enabling investors to replicate the strategies and positions of experienced market signal providers.

What Traders Say About Their Trading Platforms

Not getting withdrawal and showing error, worst app which I had ever seen, even customer care is not responding back properly

What Can You Trade?

3.0/5 avg 3.4

Windsor Brokers provides multi-asset contract-for-difference (CFD) trading across six core asset categories. The product catalog maintains a compact, curated scope focused on widely traded benchmark markets rather than extensive global niche listings.

Asset ClassInstrumentsRangeImportant Details
Forex45Focused rangeCFDs on major, minor, and exotic currency pairs with leverage up to 1:2000.
Indices15+Focused rangeCash and futures CFDs covering global benchmarks including the S&P 500, Dow Jones, and DAX.
Commodities14Focused rangeCFD instruments on precious metals such as Gold and Silver alongside energy products like Crude Oil.
Stocks105Focused rangeSingle-stock share CFDs representing prominent US and international corporate equities.
Bonds4Focused rangeCFDs on government treasury debt benchmarks including US sovereign securities.
Cryptocurrencies5Focused rangeCFDs on core digital assets including Bitcoin and major altcoin pairs against fiat currencies.

All instruments are traded strictly as derivative contracts for difference, meaning clients do not obtain physical ownership of underlying shares, bonds, or digital tokens. The catalog remains classified as a focused range across all individual asset groups, concentrating on mainstream liquidity.

Trading Conditions and Risk Management

3.3/5 avg 3.8

Trading parameters at Windsor Brokers reflect its dealing desk architecture, blending dynamic offshore leverage with core retail protection controls.

Leverage by Asset Class

Maximum trading leverage is determined by account jurisdiction and asset volatility. For accounts registered through offshore entities (such as Seychelles and the BVI), dynamic leverage on forex reaches up to 1:2000. Under tighter national oversight such as Kenya (CMA) or for European clients, maximum available leverage is subject to statutory caps of up to 1:30 on major forex pairs. Leverage levels scale downward systematically across volatile asset classes such as equity CFDs and cryptocurrencies.

Margin Requirements and Stop-Out Levels

Trading accounts operate with a standard Margin Call level set at 100%. If account equity deteriorates further and margin coverage falls to 20%, the system initiates an automated Stop Out, liquidating open positions sequentially starting from the least profitable to prevent negative equity.

Position Limits and Trading Restrictions

The minimum allowed trade volume is 0.01 standard lots across all account tiers. Windsor Brokers allows standard tactical trading strategies including hedging, scalping, and news trading during major macroeconomic announcements. Server time settings operate on UTC+2 (adjusting to UTC+3 during daylight saving time).

Risk Protection Features

Retail accounts benefit from automated negative balance protection, guaranteeing that accounts will not fall into financial debt following extreme market gaps. Standard pending order parameters including stop-loss, take-profit, and trailing stop triggers are supported natively through MT4 and MT5, although guaranteed stop losses are not provided.

Regional and Regulatory Differences

Trading conditions diverge materially across the broker's operating entities. Offshore clients operating under the Seychelles FSA or BVI FSC entities gain access to promotional bonus credits, dynamic leverage up to 1:2000, and $5,000,000 supplemental civil liability coverage. Conversely, traders registered under onshore frameworks such as Kenya's CMA operate under localized statutory guidelines and restricted leverage ceilings.

What Traders Say About Trading Conditions

It applies negative slippage to all trades on the stop loss. True, slippage is normal, but only on the stop loss, and that in the negative direction only??

Deposits, Withdrawals and Funding

4.0/5 avg 4.0

Windsor Brokers maintains a streamlined funding infrastructure focusing on major digital wallets and traditional banking transfer routes.

Making a Deposit

Depositing funds into a Windsor Brokers trading account can be executed via Skrill or direct bank wire transfer. The broker does not charge deposit handling fees.

MethodMinimumProcessing Time
Skrill$100same day
Wire Transfer$1001–7 working days

While the baseline account threshold begins at $50, the active payment rails mandate a minimum deposit of $100 per transfer. Digital wallet transactions clear on the same business day, whereas international wire settlements require 1 to 7 business days depending on intermediary banking networks.

Withdrawing Funds

Withdrawals must be requested through verified payment accounts that match the registered account holder's name in compliance with international anti-money laundering (AML) protocols.

MethodMinimumBroker ProcessingExpected Settlement
Skrill$20within 24 hoursUsually same day after processing
Wire Transfer$20within 24 hoursUp to about 7 working days for wire/bank settlement

The minimum withdrawal limit is an observed $20 across both available payment routes, with specific thresholds governed by payment providers. Windsor Brokers processes outgoing e-wallet and wire requests within 24 hours, after which wire transfers take up to 7 working days to reflect in the beneficiary bank account.

What Traders Say About Their Payment Methods

I regret opening an account with this broker,slow and very long deposits and withdrawal. You can't also withdraw any amount less than $20.

Customer Support Experience

4.7/5 avg 3.5

Windsor Brokers provides multi-channel customer assistance covering general account inquiries, technical support, and onboarding assistance.

How to Contact Windsor Brokers

Client support operates 24 hours a day, 7 days a week, accommodating traders across diverse global time zones in numerous languages including English, Arabic, Chinese, French, Spanish, German, Indonesian, and Vietnamese.

ChannelAvailabilityHours / Notes
Live Chat24/7Accessible through the official broker website and client portal.
Email24/7Direct contact via [email protected] for operational inquiries.
Phone24/7Telephone assistance routed via international support line +962 6 550 9090.

In addition to live communication channels, users can access an organized online CFD glossary, dedicated support tickets, and direct guidance through account managers stationed at regional offices in Jordan, Kenya, and Seychelles.

What Traders Say About Their Support

I’ve wrote over FOUR emails, and contacted support through the app yet I haven’t received an any assistance to my issue. When I wrote a review the first time I was told to email support for the fourth time explaining my issue— to which I did.

Research and Learning Resources

5.0/5 avg 4.2

Windsor Brokers provides an organized suite of analytical tools and foundational educational content designed to guide intermediate and developing traders.

Research Tools

Market research tools comprise daily market commentaries, regular technical analysis updates, and an interactive macroeconomic calendar displaying high-impact monetary announcements. The brokerage integrates platform-level analytical screeners and indicators inside MT4 and MT5, alongside trade planning calculators covering margin requirements, pip values, and currency conversions.

Education

Educational offerings are delivered through structured multi-module trading courses, live analytical webinars, downloadable foreign exchange eBooks, and an extensive CFD reference glossary. The content addresses fundamental market mechanics, chart patterns, risk management principles, and execution strategy formulation across various experience tiers.

Final Assessment

Windsor Brokers presents an established brokerage offering backed by more than three decades of operating history since its founding in 1988. Regulated across Jordan, Kenya, Seychelles, and the British Virgin Islands, the brokerage pairs multi-regional oversight with an attractive supplemental $5,000,000 civil liability insurance protection for its offshore client base. Its operational profile is characterized by accessible $50 entry minimums, dynamic offshore leverage reaching up to 1:2000, and full support for industry-standard MetaTrader 4 and MetaTrader 5 suites alongside the Windsor Brokers App.

Nevertheless, traders must evaluate clear operational trade-offs. The commission-free Prime account features floating spreads that are wider than raw-spread benchmarks, averaging 1.13 pips on EUR/USD, while the Zero account incurs an $8 round-turn commission per lot. Additionally, the asset selection across stocks, bonds, and cryptocurrencies represents a focused, concise catalog of approximately 190 total CFD instruments, and funding methods remain largely confined to Skrill and bank wire transfers. For intermediate traders prioritizing established MT4/MT5 environments, Arabic and regional customer support, and flexible loyalty and deposit promotions, Windsor Brokers represents a specialized, reliable option, though those requiring thousands of global cash equities or raw spreads with lower commissions may find its parameters more restrictive.

Our Review Methodology

Our assessment considers relevant broker specifications, official documentation, regulatory records, pricing information, account and platform information, and third-party trader feedback where specifically required by the review methodology. Descriptive terms and classifications used throughout our reviews, including those relating to leverage and tradable instruments, are based on the criteria and definitions established in our review methodology. Broker conditions can change over time, and reviews reflect the verified operational parameters and regulatory frameworks applicable at the review date.

Trust & safety

Licence number
HE119081, FC033490
KYC verification
Yes
Segregated client funds
Yes
Negative balance protection
Yes

Account conditions

Demo account
Yes
Islamic account
Yes
Hedging allowed
Yes
Scalping allowed
Yes
Support hours
24/5

Customer support

Support channels
Live Chat, Email, Phone
Languages
English, Arabic, Greek, Chinese, Farsi, French, German, Spanish, Italian, Polish, Russian, Romanian, Serbian, Thai, Vietnamese, Indonesian
Headquarters
53 Spyrou Kyprianou Ave, Mesa Yitonia, 4003, Limassol

Bonuses & promotions

  • Deposit BonusUp to 100% deposit match; loyalty-tier total bonus cap up to $60,000
  • Welcome BonusYes
  • Loyalty ProgramYes
  • Trading ContestsYes
  • Affiliate ProgramYes

Deposit methods

Skrill, Wire Transfer

Withdrawal methods

Skrill, Wire Transfer

Not available in

Cuba Iran Malaysia Myanmar North Korea Russia Ukraine United Kingdom United States

Frequently asked questions

Is Windsor Brokers regulated?

Yes, Windsor Brokers is regulated across multiple jurisdictions. Its entities maintain regulatory authorizations with the Jordan Securities Commission (JSC), the Capital Markets Authority (CMA) in Kenya, the Financial Services Authority (FSA) of Seychelles, and the Financial Services Commission (FSC) in the British Virgin Islands, with corporate registration numbers HE119081 and FC033490.

Is Windsor Brokers considered legitimate?

Windsor Brokers demonstrates legitimacy through an established operating history spanning since 1988, segregated client funds, and verified oversight across multiple national regulators. Furthermore, the firm provides negative balance protection and holds supplemental excess-of-loss civil liability insurance coverage of up to $5,000,000 per client through its offshore operational structure.

What spreads and commissions does Windsor Brokers charge?

Pricing depends on the account type selected. The Prime account carries zero commission with floating spreads that average 1.13 pips on EUR/USD, 0.24 points on Gold, and 1.02 points on the S&P 500 CFD, whereas the Zero account features spreads starting lower but assesses a commission of $8 per round-turn lot.

Which trading platforms does Windsor Brokers support?

Windsor Brokers supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary Windsor Brokers App. These platforms are available across desktop environments, mobile devices running iOS and Android, and web interfaces.

Does Windsor Brokers provide a demo account?

Yes, Windsor Brokers offers free demo accounts. Traders can practice execution strategies, test platform functionality on MT4 or MT5, and navigate trading conditions using virtual funds without financial risk.

Can automated strategies be used at Windsor Brokers?

Yes, automated trading strategies are permitted through MetaTrader 4 and MetaTrader 5 via Expert Advisors (EAs). Additionally, the broker supports algorithmic trading workflows via API integration, automated copy trading features, and dedicated VPS hosting.

What is the minimum deposit at Windsor Brokers?

The baseline account minimum deposit at Windsor Brokers is $50. However, when funding an account using Skrill or bank wire transfer, the observed minimum deposit requirement is $100 per transaction.

What is the maximum leverage at Windsor Brokers?

The maximum leverage is dynamic and reaches up to 1:2000 on forex pairs for clients registered under offshore entities. By comparison, leverage for residents trading under European regulations remains restricted to a regulatory maximum of 1:30.

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