Windsor Brokers DetailsMetaTrader 4 Trading PlatformAssetsSpreads & CommissionLeverageMT4 Mobile AppPayment MethodsDemo AccountBonuses & PromosWindsor Brokers RegulationsAdditional FeaturesAccount TypesBenefitsDrawbacksTrading HoursCustomer SupportSecurityWindsor Brokers VerdictAccepted CountriesAlternatives to Windsor BrokersFAQ
Windsor Brokers is an established forex and CFD trading broker. Our review covers spreads, no deposit bonus promotions, MT4 platform downloads and more. Find out whether to open an online trading account with Windsor Brokers.
Windsor Brokers Details
Windsor Brokers was established as an investment firm in 1988. The company has two arms: Belize-based Windsor Brokers (BZ) Ltd, regulated by the International Financial Services Commission and the Jordan Securities Commission, and Cyprus-based Windsor Brokers Ltd, regulated by the Cyprus Securities and Exchange Commission (CySEC).
With these branches combined, Windsor Brokers offers its financial services to clients in over 80 countries, including Thailand, Indonesia, Malaysia, South Africa, Dubai, Kenya and Iran.
MetaTrader 4 Trading Platform
Following the registration and login process, clients can download the MetaTrader 4 (MT4) platform. Used by millions of traders worldwide, MT4 offers market-leading features, including:
In-depth price analysis with 30 built-in technical indicators
Three execution modes including instant and pending orders
Expert Advisor programs for automated trading
A signals service that allows copy trading
Straightforward and secure login
Windsor Brokers MT4 platform
MT4 WebTrader
The browser-based version of MT4 offers one-click trading without a software download. The same breadth of indicators and drawing tools are available with the web-based platform. WebTrader is compatible with most operating systems and provides full data encryption, so it’s safe to use.
MT4 Multiterminal
Windsor Brokers (BZ) also offers trading via the MT4 Multiterminal platform, an additional component of MT4 that lets clients trade on multiple accounts (up to 128) simultaneously. This can prove useful for advanced traders handling many accounts or professional investors.
Windsor Brokers does not offer MT5 integration.
Assets
Clients at Windsor Brokers can trade on a range of financial instruments:
Forex – 40+ forex pairs including majors
Indices – 16 indices offered including Dow Jones and UK100
Shares – 30+ prime companies such as JPMorgan and Walmart
Commodities (BZ only) – a choice of five energy and six soft commodities
Treasuries (BZ only) – four bonds are available including three US treasury notes plus German Bund
Metals (BZ only) – gold and silver
Although the range of assets available at Windsor Brokers is broad, they could improve their rating in this review by offering cryptocurrencies and binary options trading.
Spreads & Commission
Spreads at Windsor Brokers vary by account type. For Prime account holders, the EUR/USD spread is typically 1.5 pips while with the Zero account, the same spread is around 0.2 pips, though it can drop to zero. Crude oil spreads go as low as 0.03 pips while zero-point spreads are available on indices and shares. Generally, spreads are competitive and comparable with the offering from large providers such as the IG Group.
As a result of low spreads, Windsor Brokers offers a fixed round turn commission of $8, which may be the preferred choice for clients executing large volume trades vs the risk of volatile spreads.
Leverage
Windsor Brokers (BZ) Ltd offers maximum leverage at the following rates:
Forex – 1:500
Metals – 1:250
Spot and CFD indices – 1:200
Spot and CFD energies – 1:100
Commodities – 1:50
Treasuries – 1:250
Shares – 1:20
In line with EU regulations, the European branch of Windsor Brokers offers maximum retail leverage of 1:30. Professional traders can access the greater leverage rates listed above.
MT4 Mobile App
Trading is also accessible on phones and tablets through the MT4 mobile app, which can be downloaded from the Apple App Store or Google Play Store for iOS and APK users. The mobile app offers all the main platform features including interactive charts and analytical tools. In addition, it provides the functionality to chat with other traders.
MT4 mobile app
Payment Methods
Deposits
Windsor Brokers (BZ) requires a minimum deposit of $100 with their Prime account and $2,500 with their Zero account. Accepted deposit methods include Visa and Mastercard, plus e-wallets like WebMoney and Skrill. Aside from WebMoney, deposits are free to make.
With Windsor Brokers Ltd, most of the same payment methods are available, but there is a 3% transaction fee. Clients can expect same-day processing from both branches.
Withdrawals
Withdrawal requests are also processed the same-day at Windsor Brokers, though at both branches a 3% or £3 fee is charged per transaction. Funds are returned to the same credit card, e-wallet or bank as the deposit was made from, except when using a credit card where more than six months has elapsed. In this instance, funds will be transferred to a named bank account. Withdrawal times and periods depend on the initial payment method.
Note the broker may require identification documents to process withdrawals.
Demo Account
Prospective traders can sign up for a demo account from the Windsor Brokers website. The demo simulator does not require a real-money deposit and allows traders to get a grasp of the MT4 trading platform before they decide to invest.
Bonuses & Promos
Our review was pleased to see Windsor Brokers (BZ) currently offers a free Prime account $30 promotion. This no deposit welcome bonus is available to clients opening their account with USD as their base currency, and cannot be transferred or withdrawn. Full bonus terms and conditions are available on the Windsor Brokers website.
Windsor Brokers (BZ) also offers a deposit bonus of up to $10,000 where the broker will match 20% of the client’s deposit. Clients must deposit at least $500 to claim this promotion and bonus withdrawals are prohibited.
Windsor Brokers Ltd does not currently have promotional offers advertised on their website, which is unsurprising as CySEC-regulated providers are not permitted to offer incentive promotions or bonuses.
Windsor Brokers Regulations
Windsor Brokers (BZ) is regulated by the International Financial Services Commission in Belize and caters to clients globally except the US, EU, and Belize. The branch is also regulated under the holding company Seldon Investments Ltd by the Jordan Securities Commission and accepts clients from Jordan and Arabic regions, with an office in Amman.
Windsor Brokers Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) and is authorised by the Financial Conduct Authority (FCA). This branch mainly caters to traders from the EU. This broker offers negative balance protection, an assurance that reduces risk as it prevents you from losing more than the amount you deposited. Windsor Brokers is also a member of the Investor Compensation Fund which ensures funds being unreasonably withheld from the client are compensated back to them.
Overall, our review gives Windsor Brokers a good ranking for trust based on these features.
Additional Features
Windsor Brokers (BZ) has a blog with a technical outlook and news section, publishing daily articles on world events and subsequent market effects. The broker also offers an economic calendar and forex calculators, and websites are available in several languages including Farsi.
This broker ranks particularly highly in our review for their strong education department:
A library of 70 educational videos on trading strategies, market analysis and other useful topics
A glossary of financial terms with translations in 12 languages
eBooks on how to succeed in trading forex, stocks, and CFDs
Regular forex webinars for clients (BZ only)
Windsor Brokers economic calendar
Account Types
Traders can open Prime or Zero MT4 accounts at Windsor Brokers (BZ):
The Prime option offers a low minimum deposit, no commission charges, and training to equip you with useful trading skills. This account is geared towards novice and casual traders.
The Zero account is meant for more experienced traders and offers low spreads starting at 0 pips, but charges a commission of $8 per round trip and training is not provided.
Those with larger bankrolls may be interested in applying for a VIP Zero account, which comes with a dedicated client manager and one-to-one meetings with technical analysts.
Windsor Brokers Ltd offers an account similar to the Prime with low spreads, commission-free CFD trading, and 1:30 leverage. Professional clients can also apply and benefit from increased leverage rates up to 1:500.
The account verification process is quick and easy across all accounts.
Benefits
Trading with Windsor Brokers has several advantages:
Licensed by reputable financial authorities including CySEC
Industry-leading MetaTrader4 platforms
Negative balance protection
Rich education library
Zero-pip spreads
Drawbacks
Downsides of opening an account include:
Cryptocurrencies and binary options not offered
Limited live chat function
Trading Hours
Users can access the customer trading portal 24/7, however trading times vary depending on the market. Most asset classes at Windsor Brokers can be traded throughout the week, and some markets also have weekend trading hours.
Customer Support
The customer support team can be contacted through the following channels:
Belize
Phone – +44 3301280930
Email – support@windsorbrokers.com
Address – 35 Barrack Road, Belize City, Belize
Jordan
Phone – +962 6 550 9090
Email – support.jo@windsorbrokers.com
Address – 198 Zahran Street Emmar Towers, Amman, Jordan
Windsor Brokers Ltd
Phone – +357 25 500 700
Email – support@windsorbrokers.eu
Address – Windsor Brokers Business Center Spyrou Kyprianou 53, Mesa Geitonia 4003 Limassol, Cyprus
A live chat function is also available on both websites from the chat logo. However upon writing this review, we were not connected to an agent, so traders may find the alternative channels more useful.
Security
Windsor Brokers have a thorough privacy policy to ensure client data is collected and handled securely. This broker also uses firewalls, encryption, and authentication protocols to protect against unauthorised access or misuse of data.
Windsor Brokers Verdict
Windsor Brokers is a good choice for both beginner and advanced traders, offering forex and CFD trading with low spreads and a wealth of educational resources, in addition to no deposit bonus promotions and CySEC regulation. Our review would like to see improvements in the European offering to match the wide asset and account range of the BZ-branch of the firm.
Accepted Countries
Windsor Brokers accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Windsor Brokers from United States, Japan, Belgium.
Alternatives to Windsor Brokers
If you are looking for alternatives to Windsor Brokers we have compiled a list of the top 5 brokers that are similar to Windsor Brokers below. This list of brokers like Windsor Brokers is in order of similarity and only includes companies that accept traders from your location.
OctaFX – OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
RoboForex – RoboForex is a multi-asset online broker offering powerful trading aides.
TP Global FX – TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips. With a focus on innovation and transparency, they are a growing brand.
FBS – FBS is a top online broker offering MT4 & MT5 trading across a range of instruments.
FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms.
FAQ
Is Windsor Brokers a trustworthy broker?
Windsor Brokers is a safe and well-established broker with good website security. This broker has given clients access to the markets for over thirty years and has won awards for its transparency and customer service.
Is Windsor Brokers regulated?
Windsor Brokers is regulated in Europe by the Cyprus Securities and Exchange Commission (CySEC) and by the International Financial Service Commission of Belize. Seddon Investments also use the Windsor Brokers brand name and are regulated by the Jordan Securities Commission.
What is the minimum deposit at Windsor Brokers?
The minimum deposit accepted is $100, offered on the Prime account type. This low deposit amount is similar to other leading brokers and makes Windsor Brokers accessible for beginners.
What platforms are offered by Windsor Brokers?
Windsor Brokers provides the MetaTrader4 platform. MT4 offers market-leading technical analysis alongside one-click trading, and is available as downloadable software, on internet browsers and as a mobile app.
Does Windsor Brokers offer any bonuses?
Windsor Brokers (BZ) Ltd offers a free account $30 promotion and a $10,000 deposit bonus that credits traders with up to 20% of their deposit.