Windsor Brokers is a group of CFD brokerage companies operating globally under the jurisdiction of various regulators. The group includes the following companies: Windsor Brokers International Ltd, licensed and regulated by the Financial Services Authority (FSA) in Seychelles; Windsor Brokers (BZ) Limited, licensed and regulated by the Financial Services Commission (FSC) in Belize; Seldon Investments Limited (Jordan), licensed and regulated by the Jordan Securities Commission (JSC) in Jordan; Windsor Markets (Kenya) Limited, licensed and regulated by the Capital Markets Authority (CMA) in Kenya; Windsor Global Markets Ltd, licensed and regulated by the Financial Services Commission in British Virgin Islands; Windsor Brokers Ltd, licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Windsor Brokers was founded in 1988 and provides access to CFD trading on over 200 assets including currency pairs, stocks, commodities, cryptocurrencies, ETFs, and indices using the MetaTrader 4 trading platform. The minimum initial deposit required here is USD 50. The maximum leverage available is 1000:1 and traders are protected by negative balance protection.
Windsor Brokers offers two types of real accounts called ZERO and PRIME.
ZERO Account: The minimum initial deposit required to open this type of account is USD 1,000. There is no markup on the spread in this account, but there is a commission of 8 USD for each lot traded. The maximum leverage available is 1000:1 and the Stop Out level is set at 20%. A so-called Margin Call is carried out by sending an email requesting new funds at a margin of 100%. The company recommends the ZERO account as the most suitable for active traders because of the low spreads.
PRIME Account: The company recommends the PRIME account for beginners and those who trade less frequently. No commissions are charged for this account, but on the other hand, EUR/USD spreads are significantly wider and for the major currency pairs start from 1 pip. A relatively low investment of USD 50 is required to open the account. An Islamic version of the account is available where no interest swap is charged. Like the ZERO account, the maximum available leverage is 1000:1 and you can hedge your positions. The Stop Out level is set at 20% and margin call level is 100%.
Windsor Brokers offers MetaTrader 4 (MT4) platform to its clients. The terminal is very reliable, has low hardware requirements and can run smoothly on any modern computer. The platform offers the widest range of trading robots, so-called Expert Advisors (EA), with which trading is automated under set conditions. A mobile version of MT4 and a web trading terminal are available.
Currency pairs – Over 45 popular major, minor, and exotic currency pairs can be traded. Spreads depend on the account type and the minimum spread for the EUR/USD pair in the Prime Account is 1.0 pip.
Indices – You can trade 14 of the major indices globally, such as DAX40 and UK100. The typical spread for the DAX40 is around 2 points.
Commodities – Some of the most traded commodities are available such as Gold, Silver, Oil and Brent. The minimum spread for Gold is USD0.28.
Cryptocurrencies – 5 cryptocurrencies are available for trading: Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple. The typical spread for Bitcoin is USD 35.
Shares – you can trade over 100 CFDs on shares of global companies. The typical spread for Apple shares is USD 0.14.
There are no deposit or inactivity fees. However, be aware that although the broker does not charge fees, intermediary payment providers usually do. Online banking and credit/debit card options are free, while bank transfers are not.
Generally, Windsor Brokers is an authorized and regulated brokerage firm in multiple jurisdictions. Regulatory countries include Belize, Cyprus, Jordan, Kenya and the Seychelles. The minimum initial deposit required to open a PRIME account is USD 50, and for a ZERO account type – USD 1000. The broker offers MetaTrader 4 as a trading platform and over 200 trading instruments, including CFDs on currency pairs, stocks, commodities, cryptocurrencies, ETFs, and indices.