- Segregates client funds
- Long trading experience
- Regulated by CySEC
- Doesn’t offer VPS
- Limited range of trading tools
- Not FCA Regulated
- Limited number of currency pairs
Company Information
WindsorBrokers gives the right to everyone to trade efficiently. It has been offering financial services since 1987. With almost 30 years of trading experience, it has acquired more than 10,000 clients around the world. There are two head offices, one in Jordan, and another one – in Belize. You can trade over 100 instruments with this online broker. If you are interested in trading currency pairs WindsorBrokers provides over 15 currency pairs.
Markets
WindsorBrokers offers over 100 different instruments to trade, including over 15 currency pairs. Basically, you can choose among the following asset classes:
● Energies
● Shares
● Treasuries
● Indices
Trading accounts
WindsorBrokers suggests two live account types at your service, namely Zero and Prime ones. Let’s review in detail the features of each account type in the order you could realize which suits more.
- PRIME
- ZERO
• For the support oriented trader
• Min deposit – $100
• Max Leverage – from 1:500
• Spread – from 0 pips
• Islamic / SWAP Free allowed
• Negative Balance Protection
• Personal Account Manager
• Training provided
• Stop out at 20%
• Margin call at 100%
• For the heavy trader
• Min deposit – $2,500
• Max Leverage – from 1:500
• Spread – from 0 pips
• Commissions – $8 round turn
• Islamic / SWAP Free NOT available
• Negative Balance Protection
• Personal Account Manager
• NO training provided
• Stop out at 20%
• Margin call at 100%
Open an account
Opening an account with WindsorBrokers is a rather simple and clear process. All you need to do is to fill the online application providing the necessary information. After you complete the application form, you will have to verify your identity by providing your ID. You have to provide and prove your residential address as well. Once everything is verified and approved, you will receive your login, after that you can make the first deposit and start trading.
Minimum deposit
The broker requires a different amount of the first deposit for each account type. You need only $100 to open a Prime account, and $2,500 to open a Zero one.
Trading Platforms
WindsorBrokers offers its clients the ever-popular platform MetaTrader 4. MT4 is very easy to use and has great functionality. You can read more about the platform here.
Our verdict
To sum up, we would like to outline the following advantages and the disadvantages so that you could the whole picture. WindsorBrokers was established in 1987. So, it has huge experience in the field. It is also regulated by the CySEC, although is not regulated by the FCA. Moreover, the minimum deposit is only $100. However, the broker doesn’t offer VPS. It also has a limited number of trading tools. The customer support doesn’t work via email. We have highlighted the main features of WindsorBroker so that you could make a decision favorable for you.
Windsor Brokers Details
I started trading with Windsor Brokers on my friend’s advice. I was a little dissatisfied with too large initial deposit and still my friend was happy with the broker, so I decided to take the risk. I’ve been trading with brokers for 4 months and I can already tell my opinion about a broker.
Firstly, the initial deposit is really high, especially since Windsor Brokers isn’t so well known. I think that if the company reduced it to $400, it would be profitable for both traders and broker.
Secondly, I’m fully satisfied with trading, the company is reliable. I withdrew money once, the funds came in 3 days later.
And lastly, it’s possible to use Trading Central, which can boost your trading rly well.
This is a decent broker but the 3 stars is because of to their poor withdrawal options. They decreased the number of ways of withdrawing the money.
Look, I’m trading there for a year already and I’m almost satisfied but I will give you some pros and cons as well.
Cons:
1. Minimum deposit is $1,000. Yeah, that’s exact sum that is apropriate for serious trading and making money, on the one hand. But on the other, there’s no way to test brokerage with $100 or $250 deposit, you should invest significant money at once.
2. There’s no online chat for 24/7 support and that’s regretably, sometimes this can be really inconvenient.
Pros:
1. Spreads are tight for assets that I’m trading.
2. Slippages are very rare, for a year I’ve faced them 3-5 times only.
3. There are Trading Central signals, but I’m not using them.
This is a decent broker but the 3 stars is because of to their poor withdrawal options. They decreased the number of ways of withdrawing the money.
That’s my opinion, I don’t claim it to be the only one and the most correct, that’s just how I feel about trading there. In general, it’s typical brokerage with tight enough spreads and a lot of assets. However, I’m feeling the lack of some really usefull things – online chat, educational courses and sync-trading. If you don’t need them, I think you’ll like the service.
I love this Broker. Never saw such a good order execution, very tight spreads depending on the choosen account type and a good german speaking support. Withdraws always had been quickly done
Really bad customer service, even to open an account. I faced many difficulties to do it. A lot of documents are needed
I love this broker. Excellent execution. Friendly Support. Withdrawing Money is very easy