Windsor Broker Review

Windsor Brokers is among the oldest online brokers in the business, having been established in 1988. Its two business groups provide online CFD trading to customers in more than 80 countries worldwide, as mentioned in the Windsor Broker review. Throughout the years that it has been in business since 1988, Windsor has grown in value for its customers. There are many companies out there, but Windsor is here to stay.

What is Windsor Broker?

One of its unit is regulated by the Cyprus Securities and Exchange Commission (CySEC) and has its domicile in Cyprus. Services are rendered to clients in Europe by this unit. The business unit in Belize and its sister office in Jordan provide services to the rest of the world. Both the Jordan Securities Commission and the International Financial Services Commission of Belize regulate these two.

This company uses the MetaTrader 4 trading platform, which was great to see. Although there are no cryptocurrencies available, users of the platform have access to a large range of financial assets for trade.

According to the Windsor broker review, this firm only offers two account types—one for novice traders and another for more seasoned traders that can also be upgraded to VIP status—instead of the many tiers and levels that other companies seemed to be offering.

Is Windsor a Scam or Real?

Windsor is not a scam. This company has established its services through two major registrations that cover global operations, but offer slightly different products depending on each jurisdiction’s regulatory requirements.

This company holds several prestigious licenses and offers a compensation system in case of loss of funds.

Account Types

Traders have two account types to choose from and sign up. They are Prime Account and  Zero Account.

In general, it can be said that Prime accounts are designed for new traders, and Zero accounts are designed for experienced traders. Specifically, Prime accounts have a low minimum deposit of $100, no fees, and spreads on major Forex pairs as low as 1.0 pips. Customers have a personal advisor and access to training courses.

The Zero account has zero spreads, a minimum deposit of $2500, and a round trip fee of $8. For active and experienced traders with experience, zero account is recommended, as no training is provided. But you do have a personal account manager at your disposal, as stated in the Windsor broker review. Sellers with a Zero account can also request to upgrade their account to a Zero VIP account.

This includes one-on-one meetings with a dedicated account manager and technical analyst.

All accounts outside the European Union are offered a leverage of 1: 500, while EU accounts operate with a leverage of 1: 30 as prescribed by ESMA. An EU customer can increase this leverage to his 1: 500 if he qualifies as a professional trader.

Additionally, Prime accounts can benefit from Islamic rules that comply with Islamic law by avoiding overnight swaps .This is not available for Zero accounts. Fortunately, a demo account is also available where you can test the broker’s platform and trading conditions.

Available Assets

As you can imagine, you can trade a large number of assets at this company. Although it covers all the basic assets you would expect, such as forex and stocks, this firm does not offer cryptocurrencies yet.

It can be said with great confidence that they will add at least the most popular cryptocurrencies for trading soon. In the meantime, you can trade with Windsor Brokers at:

• Foreign Exchange-FX-FOREX
• Spot Metals
• CFD Commodities-Energies
• CFD Commodities-Soft
• CFD SPOT Commodities
• CFD SPOT Indices
• CFD-Treasuries
• CFD-Indices
• CFD-Currencies
• CFD-Metals
• CFD-Shares
• CFD-Calendar

Trading Platforms

As mentioned in the Windsor Broker review, this company offers the MetaTrader 4 trading platform. It has been a favorite of Forex traders for almost 20 years for the very good reason that it is simply the best for trading Forex assets.

It is also suitable for CFD and has various features such as:

• Over 30 detailed technical indicators.
• Expert Advisors to automate the trading.
• Multiple types of orders, including limit orders and stop losses.
• Custom indicators and EAs from the Metaquotes community.

Another advantage of the MetaTrader 4 platform is that it has a desktop version, mobile version, and web-based version, all of which are synchronized so you can trade virtually anytime and anywhere.

Additionally, the asset manager can use the MT4 multi-terminal, allowing simultaneous trading on up to 128 different accounts.

MT5 platform is currently not available at Windsor but may be offered as part of the product in the future.

Regulations

Windsor Brokers Ltd. serves brokers mostly throughout the European Union and is governed by the Cyprus Securities and Exchange Commission (CySEC). It adheres to the guidelines established by ESMA and is licensed under number 030/04. This indicates that customers are guaranteed not to lose more money than they have placed thanks to the availability of negative balance protection. Additionally, it is a member of the Investor Compensation Fund.

It is subject to International Financial Services Commission regulation in Belize. To protect itself from customer obligations, the company has additionally added a €5,000,000 insurance policy. This policy protects the firm against errors, omissions, negligence, fraud, and other dangers that could result in financial loss.

Commission and Fees

All types of accounts (except Islamic) have swaps, which are fees for moving a position to the next day. Additionally, experts compare Windsor Brokers’ trading fees with similar terms from its competitors .Based on the results, each companywas assigned a level such as low, medium, or high.

Banking

This company allows you to deposit using credit or debit cards, bank transfers, and various e-wallets such as Skrill and Neteller, as stated in the Windsor Broker review.

Deposits are free for most customers, however, a 3% transaction fee will be charged .All deposits are processed on the same day.

Withdrawals are also processed on the same day, but both departments charge a 3% or £3 fee per transaction. Withdrawals will only be sent via the same method used for the deposit unless the credit card is not used and more than 6 months have passed since the deposit.

In this case, the money will be transferred to your bank account. The total withdrawal time depends on the method used.

To speed up the process, the documents required for account opening must be fully updated and uploaded to the portal before submitting a withdrawal request for verification purposes.

Awards

The various awards that Windsor has received over the years prove that this company has been offering good conditions in recent years.

Great development has been seen for Windsor over the years, from operating primarily in Europe to now making it one of the truly global brokers covering a wide range of regions. Here are some of the awards Windsor has received:

Customer Service

Its customer service is available Monday through Friday, and you can contact its support team via email, web form, phone, or online chat. The support team supports multiple languages.

Education

The company now also pays attention to the dealer’s knowledge .This means that traders continue to have access to both educational support and analytical data centers while providing a comprehensive solution for traders of all levels.

Overall, over its years of operation, Windsor Brokers has received numerous achievement awards based on its unparalleled service and development, which is reflected in the number of clients it serves and its industry excellence.

Conclusion

Overall, the services of this company are really impressive. But with over 30 years of experience in the industry, it’s no surprise that they know exactly what they’re doing. The only criticism is probably that this company does not offer crypto trading. They could also expand their stock offerings, but honestly, there are plenty of assets available to keep traders busy and happy.

Using MetaTrader 4 as a trading platform is excellent and the commissions, spreads, commissions and banking conditions are very fair, as reported in the Windsor Broker review.