About WINDSOR BROKERS
Company Overview
Windsor Brokers is a forex and CFD brokerage firm that has been operating since 1988, making it one of the older names in the industry. The company is headquartered in Limassol, Cyprus, and also has offices in other regions such as Qatar and Jordan. It serves retail, corporate, and institutional clients worldwide.
Windsor Brokers is the trading name of WIT IT Solutions Ltd, which is registered in Kenya. The broker emphasizes its long history and regulated status, positioning itself as a reliable choice for traders looking for a multi-asset trading environment.
Regulatory Framework
Windsor Brokers holds multiple regulatory licenses. Its primary regulator is the Cyprus Securities and Exchange Commission (CySEC) under license number 030/04, which covers its European operations. Additionally, it is regulated by the Capital Markets Authority (CMA) in Kenya, the Financial Services Authority (FSA) in Seychelles, and the Financial Services Commission (FSC) in the British Virgin Islands. These licenses allow the broker to offer services in various regions, though the level of regulatory oversight differs between jurisdictions.
Potential clients should note that while CySEC regulation provides a certain level of investor protection, the offshore licenses from Seychelles and BVI may offer less stringent oversight. Traders are advised to choose the appropriate entity based on their location and risk tolerance.
Account Types and Features
The broker offers three main account types tailored to different trading styles. The ZERO VIP account requires no minimum deposit and offers spreads from 0.0 pips with a commission of $5 per lot round turn for forex and $8 for crypto. The PRIME account has a $50 minimum deposit, spreads from 1.0 pips, and no commission on forex or crypto. The ZERO account requires a $1,000 minimum deposit, spreads from 0.0 pips, and charges $8 per lot round turn for both forex and crypto.
All account types offer maximum leverage of up to 1:2000, which is high and suitable for traders seeking significant exposure, though it also increases risk. The broker does not disclose the full list of tradable instruments on its website, but it mentions forex, commodities, indices, and shares.
Trading Platforms and Tools
Windsor Brokers provides the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available for desktop, web, and mobile devices, offering advanced charting tools, technical indicators, and automated trading capabilities via Expert Advisors (EAs). The broker also offers a variety of trading tools and educational resources to help traders improve their skills.
The platforms are known for their stability and speed, which is confirmed by many positive user reviews. However, some users have reported issues with execution slippage and customer support responsiveness via the app.
Funding and Withdrawal Options
Deposits can be made using Neteller, Skrill, Mastercard, and Visa. Withdrawal methods include bank transfer, Mastercard, Skrill, and Visa. The broker does not specify processing times or fees for deposits and withdrawals, but user feedback indicates that while some experience fast processing, others face delays and errors.
It is important for traders to verify the availability of these methods in their region and to be aware of potential fees that may be charged by payment providers. The broker has also been criticized for having a minimum withdrawal amount of $20, which can be inconvenient for those with small remaining balances.
Target Audience
Windsor Brokers aims to cater to a broad range of traders, from beginners to professionals, due to its variety of account types and high leverage options. The presence of local offices in Qatar and Jordan suggests a focus on clients in the Middle East and Africa. The broker's long history may appeal to those who value experience, while the high leverage and competitive spreads attract more active traders.
However, the mixed user feedback—especially regarding withdrawals and bonus policies—indicates that potential clients should conduct thorough due diligence and perhaps start with smaller amounts to test the broker's reliability.
Overview compiled by FXCanary from regulatory records and public data. full WINDSOR BROKERS review