In 1988, a brokerage was founded by “Johny Abuaitah”, which we call Windsor Brokers today. With over 30 years of experience, it is one of the oldest forex brokerages.
With 15 international awards and FSA, JSC, and CMA regulations, this company seems to be a valid option, But what about the trading conditions? Is Windsor Forex Brokers suitable for trading in the world's largest financial market? Stay with us until the "Windsor Brokers Review" article ends.
Windsor Brokers Company Introduction and Regulation
Windsor Brokers isn't just a single entity; it's a brand name used by several regulated companies to offer investment services globally. This multi-jurisdictional approach allows them to cater to a diverse client base while adhering to various regulatory standards. Let's break it down:
- Windsor Brokers International Ltd: Regulated by the Financial Services Authority (FSA) in Seychelles, this branch offers services worldwide, with notable exceptions being the USA and EEA countries.
- Seldon Investments (Jordan) Ltd: This entity flies under the regulatory flag of the Jordan Securities Commission (JSC), an authority established in 1997 to oversee Jordan's capital market.
- Windsor Markets (Kenya) Limited: Operating under the watchful eye of Kenya's Capital Markets Authority (CMA), this branch extends Windsor's reach into the African market.
These respected financial authorities ensure that Windsor Brokers plays by the rules, maintaining a sound investment environment and protecting your interests as an investor.
Table of Specifications
When it comes to trading conditions, Windsor Brokers doesn't believe in one-size-fits-all. Their dynamic approach to leverage and margin requirements is designed to minimize risks while maximizing opportunities. Here's a snapshot of what you can expect from this brokerage:
Broker | Windsor Brokers |
Account Types | Prime, Zero, VIP Zero |
Regulating Authorities | FSA, JSC, CMA |
Based Currencies | USD, EUR, GBP, JPY |
Minimum Deposit | $50 |
Deposit Methods | Bank wired, Credit/Debit Card [VISA, MasterCard] |
Withdrawal Methods | Bank wired, Credit/Debit Card [VISA, MasterCard] |
Minimum Order | 0.01 Lot |
Maximum Leverage | 1:1000 |
Investment Options | Copy trading |
Trading Platforms & Apps | MT4 |
Markets | Forex, Shares, Commodities, Indices, Energies, Metals, Treasuries, Crypto |
Spread | Floating from 0.0 pips |
Commission | Varies By the Market |
Orders Execution | NDD, STP |
Margin Call/Stop Out | 100%/20% |
Trading Features | Demo account, Islamic Account, Negative Balance Protection, Personal Manager, 0.0 Spreads |
Affiliate Program | Yes |
Bonus & Promotions | Yes |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Live Chat, Phone Call, Ticket, Indoor Meetings, Email |
Customer Support Hours | 24/7 |
Restricted Countries | USA, EEA Countries |
What are Windsor Brokers Account Types?
Choosing the right account type can make or break your trading experience. Windsor Brokers offers a trio of options to suit different trading styles and experience levels; Windsor Account Types:
Specifics | Zero | Prime |
Minimum Deposit | $1000 | $50 |
Spreads | From 0.0 Pips | From 1.0 Pips |
Maximum Leverage | 1:1000 | 1:1000 |
Commissions | $8 on Forex, Metals and Crypto; 0$ on Other CFDs | $8 o Crypto, $0 on Other Instruments |
Minimum Trade | 0.01 | 0.01 |
Hedging | Allowed | Allowed |
Islamic Account | Not Available | Available |
Negative Balance Protection | Available | Available |
Personal Account Manager | Available | Available |
Stop Out | 20% | 20% |
Margin Call | 100% | 100% |
VIP ZERO account is the crème de la crème of traders with ultra-tight spreads and flexible commissions starting from $5 and higher trading volumes.
Whether you're taking your first steps in forex or you're a seasoned pro looking for institutional-grade conditions, Windsor Brokers has you covered. The progression from PRIME to ZERO to VIP ZERO mirrors your journey from novice to expert, with each account type offering tools and features tailored to your evolving needs.
Pros and Cons
Every rose has its thorn, and every broker has its strengths and weaknesses. Let's put Windsor Brokers under the Trading Finder microscope:
Advantages | Disadvantages |
Wide Selection of Assets | No US Clients Accepted |
Low Minimum Deposit ($50 For Prime) | Only USD-Denominated Accounts |
Multiple Regulation Ensures Credibility | Mixed Customer Service Reviews |
Demo Account Available for Practice | Limited Direct Stock Trading |
Islamic/Swap-Free Accounts Offered | Few Trading Platforms |
Windsor Brokers shines with its forex offerings and regulatory compliance. The low entry barrier is a boon for beginners, while the demo account lets you test the waters risk-free. However, the lack of USD account alternatives and the inability to serve US clients might be deal-breakers for some.
Trading Platforms
When it comes to platforms, Windsor Brokers doesn't reinvent the wheel – they polish it to a high shine. The star of the show is MetaTrader 4 (MT4), available in various flavors:
- MT4 for Windows: The full-fat desktop experience with all the trimmings.
- MT4 for MAC: Complete application with all features for Mac users.
- MT4 WebTrader: Trade from any browser, no download necessary.
- MT4 for Android: Android app for trading on the go.
- MT4 for iOS: Optimized for everything that runs with iOS including iPad or iPhone.
Windsor Brokers also offers their own mobile app for Android and iOS, giving you a taste of their custom-built trading experience. However, the low variety of trading platforms and the lack of support for other platforms, including cTrader and MetaTrader 5, is one of Windsor's major weaknesses.
Windsor Brokers Fee Structure
Let's talk money – specifically, how much of it stays in your pocket. Windsor Brokers fee structure is competitive, but it pays to know the details:
Specifics | Zero | Prime | VIP Zero |
Spread | From 0.0 Pips | From 1.0 Pips | Tighter Spreads Than Standard Zero Account |
Commission | $8 On Forex, Metals and Crypto; 0$ On Other CFDs | $8 O Crypto, $0 On Other Instruments | Flexible Commission From $5 Per Round-Turn |
What are Windsor Brokers Payment Methods?
Getting money in and out of your trading account should be hassle-free, and Windsor Brokers seems to agree. Windsor Brokers Forex Payment Methods:
- VISA;
- Mastercard;
- Wire transfers.
Key points of withdrawal and deposit in Windsor:
- Same-day processing for most funding methods;
- Withdrawal times vary from same-day to 5-7 days;
- Some methods have a $25,000 max limit with no fees;
- Funds go back to the initial deposit source first;
- Additional verification for withdrawal may be required;
- Active bonuses must be fully traded before withdrawal.
Pro Tip: Always check the specific terms for your region. South African traders, for instance, have slightly different options and fees compared to other regions.
Does Windsor Supports Copy Trading?
In Windsor Broker review we found out that they support copy trading; For those who'd rather follow than lead, Windsor Brokers' copy trading feature is a game-changer. Here's how it works:
- Strategy Providers: set up profiles showcasing their trading prowess.
- Investors (Followers): browse and select providers based on performance and risk appetite.
- Automatic Copying: begins once you activate a subscription.
- Pay for Success: fees are only charged on profitable trades.
Remember, though, copy trading isn't a magic bullet. It carries its own risks, and you should always do your due diligence before following any strategy provider.
Windsor Brokers Bonus and Promotional Plans
Windsor Brokers Forex knows how to sweeten the deal for its traders and has 3 promotional plans:
- $30 Deposit Bonus: For new Prime Account holders, available in USD, EUR, GBP, or JPY with a simple 3-step application process;
- Loyalty Programme: Earn points based on trading volume, Redeem points for additional trading balance, Available to all clients;
- Legendary Traders Competition: $150,000+ prize pool, Potential for lucrative rewards.
Windsor Brokers Support is Available 24/7
These promotions add an extra layer of value to your trading experience. Just remember to read the terms and conditions carefully – bonuses often come with specific trading requirements.
Customer Support
When you need help, Windsor Brokers offers multiple support channels:
Phone Support:
- Jordan: +962 6 550 9090
- Seychelles: +44 1145519650
- Kenya: +254 205029240
Email Support:
support@windsorbrokers.com
Offices:
- Amman, Jordan: Emmar Towers block A, 3rd Floor
- Mahe, Seychelles: Scenic Car Hire Building
- Nairobi, Kenya: Park Place offices
In addition to the above methods, live chat is another way to communicate with Windsor support, which is active 24 hours a day and answers users' questions.
Windsor Brokers Trust Score
In Windsor Brokers Review, we discovered that the company's trust score on various websites, including Trustpilot and ForexPeaceArmy, combines different opinions. Windsor Brokers Forex Trust Scores:
- Trustpilot: 2.8 out of 5 based on 53 reviews;
- ForexPeaceArmy: 1.7 out of 5 based in 182 reviews.
Trading Finder Expert Conclusion and Final Words
Windsor Brokers is one of the oldest active forex brokers with over 30 years of experience. This company offers many features, including copy trading, maximum leverage of 1:1000, 0 spread, and 0 commission.
However, as we reviewed in Windsor Brokers Review, this company has flaws; Windsor does not serve US clients, and its only trading platform is Metatrader 4! Thank you for staying with us until the end of the “Windsor Forex Broker” article.