One of the longest continuously operating forex brokers in the industry, Windsor Brokers has traded under its own name since 1988. It is widely reported to hold both a CySEC licence (number not independently confirmed here) and a Seychelles FSA Securities Dealer licence (SD072, single-sourced -- worth a second check).
| Regulated entity | Windsor Brokers Ltd |
|---|---|
| Regulation | FSA Seychelles No. SD072 |
| Other Tier-1 regulators | None confirmed |
| Founded | 1988 |
| Headquarters | Limassol, Cyprus |
| Minimum deposit | Not independently confirmed |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | MT4, MT5 |
| Instruments | Reported as 250+ instruments across forex, indices, commodities/energies, shares, spot metals, treasuries, ETFs, and cryptocurrency CFDs, per one directory listing's marketing-style description; a separate source mentions only "over 50 currency pairs" without addressing the full range, so some caution is warranted on the total figure. |
See Windsor Brokers's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Zero (spreads from 0.0 pips plus roughly $8/lot round-turn commission on FX/metals), Prime (spreads from around 1.0 pip, no commission), and VIP Zero, with an Islamic/swap-free option available on the Prime account. |
|---|---|
| Execution model | Sources describe Windsor as operating a dealing-desk/market-maker model overall, with one source stating it offers no ECN or STP trading -- somewhat in tension with its ECN-style "Zero" account pricing, which may reflect dealing-desk execution across all tiers despite ECN-style pricing presentation. |
| Withdrawals & deposits | Methods include debit/credit card, bank wire, Skrill, Neteller and WebMoney. Card deposits are same-day with no fee; card withdrawals carry a £3 fee; WebMoney deposits carry a 0.8% fee; wire transfer fees vary and weren't quantified. |
| Overnight financing (swap) | Charged on overnight positions, varying by instrument and direction; the exact benchmark-plus-markup calculation wasn't disclosed. The Islamic/Prime swap-free option avoids this. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | Multiple sources confirm no inactivity fee is charged. |
| Customer service | Trustpilot reviews (across regional mirrors, 100+ reviews total) are mixed -- some praise responsiveness and reliability, others report account terminations, slow withdrawals, and withdrawal restrictions. |
| Mobile experience | Trading is available via the MT4 mobile app; no specific App Store or Google Play star rating was found. |
| Educational offering | Described by one reviewer as extensive -- webinars, videos and e-books, plus a non-expiring demo account with up to $100,000 in virtual funds and leverage up to 500:1. |
See how Windsor Brokers's spread cost compares across every researched broker → · Forex broker fees explained
Is Windsor Brokers regulated?
Yes -- FSA Seychelles No. SD072. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Windsor Brokers fails?
Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at Windsor Brokers?
Not independently confirmed in our research -- verify directly with the broker.
What trading platforms does Windsor Brokers offer?
Windsor Brokers offers MT4, MT5.
What is Windsor Brokers's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was Windsor Brokers founded?
Windsor Brokers was founded in 1988.
How is Windsor Brokers's overall score calculated?
Windsor Brokers currently scores 2.66/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
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