What is Windsor Brokers?

Windsor Broker Ltd, founded in 1988 and headquartered in Limassol, Cyprus, is an European brokerage firm that has been providing financial services to retail, corporate and institutional investors worldwide for many years, offering a wide range of financial instruments, including Forex, commodities, indices, and shares, as well as a variety of trading platforms and trading tools. Windsor Brokers Ltd is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC, No. 030/04).

Pros & Cons

Is Windsor Brokers Safe or Scam?

Regulation by a reputable authority like Cyprus Securities and Exchange Commission (CySEC) is a positive factor indicating that Windsor Brokers is a legitimate broker. Additionally, the fact that they offer negative balance protection is also a plus for traders.

Besides, its entity in Belize, Windsor Brokers (BZ) Ltd, is regulated by the Financial Services Commissions (FSC).

Its global entity, Windsor Brokers International Ltd, operates under the regulation of the Seychelles Financial Services Authority (FSA), with license no. SD072.

Market Instruments

CFDs on forex, spot metals, spot commodities, spot indices, shares, ETFs are all available at Windsor Brokers. The broker allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade with Windsor Brokers.

Accounts

WBTrade offers a MT4 account with exceptional trading conditions. The accounts feature a leverage of 1:30 and allow hedging, providing ultra-low spreads. Customers can try commission-free CFD trading and multilingual customer support available 24/5. Additionally, WBTrade provides negative balance protection, protecting the fund safety.

Leverage

The maximum leverage offered by Windsor Brokers is only 1:30, which may seem too low to you. Margin requirements for professional clients based on 1:100 leveraged accounts. Other leverages are available to Professional Clients only.

In reality, those leverage of up to 1:500 or even 1:1000 are all from unregulated or offshore regulated brokers, and as we know, offshore regulation is much less strict regulation. For brokers that are formally regulated by the major regulatory bodies, they can only offer leverage of 1:30 or 1:50 at best, which is sufficient for the novice Forex trader. Lower leverage reduces the potential gains on trades, but more importantly, it reduces much of the risk. We recommend that you always keep your account risk at 2% or less.

Spreads & Commissions

It is commendable that in the trading instruments interface, Windsor Brokers provides a detailed table showing the spreads, margin requirement, pip value, and stop levels of various instruments in various accounts in detail, which greatly facilitates customers' inquiries and comparisons.

Below is a comparison table about spreads and commissions charged by different brokers:

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

Windsor Brokers offers traders the popular MT4 trading platform for PC, Mac, WebTrader, Android, iPhone, Android Tablet and iPad, which is ideal for all traders, whether they are professional traders or beginners. MT4 trading platform features powerful charting capabilities, a large number of indicators and algorithmic trading features, a user-friendly interface, a dynamic security system, and multi-terminal functionality.

See the trading platform comparison table below:

Trading Tools

Windsor Brokers provides a variety of trading tools to its clients to help them make informed trading decisions. These tools include market analysis and commentary, an economic calendar, and information on market holidays. Additionally, the broker offers several Forex calculators, such as Profit, Margin, Pip, Fibonacci, and Pivots calculators, which can be useful in managing risk and determining potential profits. By providing these trading tools, Windsor Brokers aims to empower traders with the necessary knowledge and resources to navigate the financial markets.

Deposits & Withdrawals

WBTrade provides three types of deposit and withdrawal options with reasonable fees.

Credit card deposits are processed quickly but come with a 3% fee, while wire transfers offer higher flexibility with varying fees based on the method.

Withdrawal fees for VISA and Mastercard are standard at $3/€3/£3, while wire transfers can be more costly, with fees ranging from $0 to $30.

Customer Service

Below are the details about the customer service.

Service Hour: 24/5

Live Chat/Fill in Contact Form

Email: support@windsorbrokers.eu

Phone: +357 25 500 700

Fax: +357 25 500 555

Address: Spyrou Kyprianou 53, Windsor Business Center, 3rd Floor, Mesa Geitonia, 4003 Limassol, Cyprus,

Or you can also follow this broker on some social media platforms, such as Twitter, Facebook, Instagram, YouTube and Linkedin.

Overall, Windsor Brokers' customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Note: These pros and cons are subjective and may vary depending on the individual's experience with Windsor Brokers' customer service.

Promotions

Windsor Broker offers a $30 no deposit bonus for new clients, credited after completing a straightforward account opening process - apply, register by meeting requirements, and receive $30 in trading credit upon approval, allowing risk-free platform exploration.

User Exposure on WikiFX

On the WikiFX website, you can see that some users have reported unable to withdraw. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Conclusion

Windsor Brokers is a regulated broker that offers access to multiple markets and trading platforms, as well as a range of trading tools and educational resources. The broker's negative balance protection is a positive feature that helps protect traders from incurring losses beyond their deposited funds.

Overall, Windsor Brokers appears to be a reputable broker that offers a good range of services, but potential traders should carefully consider the reported withdrawal issues before deciding to open an account.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.

MTrading Information

MTrading was started in 2012 and is based in Saint Vincent and the Grenadines. It is regulated by the FCA (UK) through MONETRIX LTD. It has a lot of different trading instruments, like forex, commodities, crypto, indices, and CFDs. It also has account types for both new and experienced traders, and you can use several platforms such as MT4, MT5, and WebTrader.

Pros and Cons

Is MTrading Legit?

Yes, MTrading holds a general registered license from the Financial Conduct Authority (FCA) of the United Kingdom, with the licensed business MONETRIX LTD, having a Common Business Registration license, license number 16198039.

What Can I Trade on MTrading?

MTrading has a lot of tradable assets, such as forex currency pairs, commodities, cryptocurrencies, indices, stocks, and CFDs.

Account Type

There are three primary types of live accounts at MTrading: All In Price (MT5), M.Premium (MT4), and M.Pro (MT4). The minimum deposit for all accounts is only $10, and the maximum leverage is 1:1000. You can get demo accounts and Islamic (swap-free) accounts if you want.

Leverage

MTrading gives its account types floating leverage of up to 1:1000, which lets traders handle big positions with a small amount of money. However, high leverage makes both possible gains and possible losses bigger, so traders need to be very careful with how they handle their risks.

MTrading Fees

Compared to other companies in the same field, MTrading's total trading fees are reasonable. The broker has tight spreads on its M.Pro account, starting at 0 pips, and charges $4 a lot in commissions. Its All-In Price and M.Premium accounts have spreads starting at 1 pip and no extra commission.

Non-Trading Fees

Trading Platform

Deposit and Withdrawal

MTrading does not charge any deposit or withdrawal fees. The minimum deposit is $10.

Deposit Options