Windsor Brokers is a leading foreign exchange trading broker that offers traders access to various trading instruments in multiple markets such as indices and currencies. Windsor Brokers commodity trading includes a variety of metals, agricultural commodities, and energies.
Windsor Brokers Overview
Official Website | https://windsorbrokers.com/ |
Headquarters | Cyprus |
Founded Year | 1988 |
Regulated | IFSC (Belize), CySEC (Cyprus), JSC (Jordan), FSA (Seychelles), CMA (Kenya) |
Product offered | Forex, CFDs, shares, commodities, indices, treasuries, Futures, stocks |
Minimum Initial Deposit | $100 |
Maximum Leverage | 1:500, 1:400, 1:200 |
Islamic Accounts | Yes |
Demo Account | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Trading fees | Applicable on a few instruments and accounts. There is also 3% fees on deposits and withdrawals. |
Inactivity fee | No |
Withdrawal fee | Yes |
Supported currencies | USD, GBP, COP, INR, EUR, and KWD |
Customer Support | Phone Support, Email Support, Live chat |
Windsor Brokers is a leading CFDs and forex trading platform, established in 1988. This online trading platform ensures an exemplary foreign exchange brokerage service to its investors. Although the company has been functioning in financial markets since 1988, it moved a portion of its forex business model operations in 2005. Windsor Brokers has become one of the leading contenders in this industry and mainstream forex and CFD trading platform catering to retail and corporate clients.
This Windsor Brokers review covers the platform‘s features, functions, online trading platforms, no deposit bonuses, promotions, leverages, user experience, and many more. Let’s delve deeper into how the Windsor Brokers site review and how forex, stocks, shares, indices, and CFDs work, and how one can use different trading strategies and trading skills to reap the maximum advantage out of it.
What Is Windsor Brokers?
Established in 1988, Windsor Brokers is an investment firm with two arms – one located in Belize and regulated by IFSC (International Financial Services Commission) and JSC (Jordan Securities Commission) and another arm located in Cyprus, which is regulated by CySEC (Cyprus Securities and Exchange Commission).
Unlike other broker companies, Windsor Brokers offers financial services from these two branches to its clients in more than 80 countries, including Indonesia, Malaysia, Thailand, South Africa, Kenya, Iran, and Dubai. The Windsor Brokers business model continues to function efficiently, enjoying the growing consumer base, with a distinctive focus on the Middle East. There are two account types, including MetaTrader 4 platform, which is the markets favorite, providing out-of-the-box features and assets selection.
Windsor Brokers User Experience
Coming to user experience, Windsor Brokers offers the popular MetaTrader 4 forex trading platform available on desktop and mobile apps as per many online Windsor Brokers reviews & research. The forex broker also offers their custom-made Gwazy trading platform. Both of these platforms are compatible with iOS and Android devices, which makes it easy to execute trades on the go. Windsor Brokers offers minimum trades of 0.01 lots which may vary depending on the account type one uses.
How much trading experience one gains depends on the account type, trading platform, and other factors that determine user experience. The maximum trade requirements may vary depending on the trading tools, financial instruments, and the trader himself.
Windsor Brokers offers STP execution, and hence, the traders should expect tighter spreads and additional transparency over the price they are paying to execute their trades.
Features of Windsor BrokersNegative Balance Protection
Compared to other brokers, Windsor Brokers offer negative balance protection as a risk warning that acts as an assurance to reduce risks and uncertainties. This is one of the best trading features that prevent a trader from losing more funds than deposited. Essentially, this feature is offered when the market volatility leads the traders to enter into the red. Windsor Brokers offers their clients a chance to reset their account balance to zero.
Security
Windsor Brokers is regulated by the top regulatory bodies and has a robust privacy policy, and this ensures that all customer data is stored and managed securely. The best forex broker also employs encryption, authentication protocols, and firewalls to safeguard against misuse of client information and unauthorized access.
Reliability
Windsor Brokers trading website is regulated and reliable with an excellent reputation, several account types, two trading platforms, and adequate professional educational materials for informational purposes.
Insurance
Windsor Brokers offer a Civil Liability Insurance program with a limit of 5,000,000 Euros for both Belize and Seychelles clients. This insurance involves market-leading coverage underwritten by Lloyds of London against errors, omissions, negligence, fraud, and other risks that may result in financial losses for the clients.
Loyalty
The Windsor Brokers brand offers a loyalty program along with two bonuses for their active traders. There is a no-deposit bonus of $30 available for new traders who use a Prime account. It also offers a deposit bonus worth $10,000. However, certain terms and conditions may be applicable, so the traders must go through them thoroughly and understand the regulations before registering at Windsor Brokers.
The loyalty program is four-tiered that allocates trading points for every lot traded. Users can convert these trading points into bonuses and keep them in their trading account. According to its description, Windsor Brokers offer trading points starting from the 1st 1.0 standard lot. All traders should have over 10 points to be eligible for a payout. The lower tier is at 0.2 points per 1 lot. Hence, for a withdrawal request, clients would need 50.0 lots.
Regulation
Belize Windsor Brokers is regulated by IFSC (International Financial Services Commission), which offers services to all countries, excluding the United States, the European Union, and Belize. This branch is also monitored and regulated by JSC (Jordan Securities Commission), and it accepts customers from the Arabic and Jordan regions and operates from Amman.
The Cyprus branch is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC), while it is authorized by FCA (Financial Conduct Authority). Both the branches are strictly FCA regulated with license number 030/40 set out by ESMA. Note that Winsor brokers is an active member of ICF (Investor Compensation Fund) that ensures all funds withheld unreasonably from the customers are returned to them.
Customer Support
According to this Windsor Brokers review, the customer support service is worth mentioning. The support team is quite responsive and provides effective solutions to their clients. Being multilingual, the team offers responses in multiple languages, including Chinese and English. Traders who have queries regarding the brokers or financial markets can get in touch with the live chat agents or through phone or email support.
Is Windsor Brokers Regulated?
The International Financial Services Commission (IFSC) in Belize offers one of the most competitive trading environments and a €5,000,000 insurance policy. Windsor Brokers is a subsidiary of its holding company, Seldon Investments Limited, regulated and authorized by the Jordan Securities Commission, under 200168191 Company National Number. Clients based in the European Union must trade forex at the relatively uncompetitive Cyprus branch, which is regulated by Cyprus Securities and Exchange Commission (CySEC).
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