Windsor Brokers Review

MIN. DEPOSIT $500
Up to 400:1
Up to $100 BONUS
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Windsor Brokers
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Overview

Company Information Windsor Brokers are one of the oldest online brokerage companies. It started its operations in 1988 and had since developed its services. In 2005 the company decided to… more

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Details

BrokerWindsor Brokers
Website URLhttp://www.windsorbrokers.com/
Founded1988
HeadquartersLimassol, Cyprus
Support Number+357 25 500 700
Support Emailsupport@windsorbrokers.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Arabic, Farsi, Polish
Minimum 1st Deposit$500
Minimum Trade Amount0.01 lots
Maximum Trade Amount50 lots
BonusUp to $100
PayoutUp to 400:1
Free Demo AccountYes
Regulated Yes
RegulationCySEC
Account TypesLive, Demo
Deposit MethodsVisa, Visa Electron, MasterCard, Maestro, Dicover, China Union Pay, Neteller, Skrill, cashU, WebMoney, WU - Quick Pay, Bank Wire Transfer, Western Union
Withdrawal MethodsVisa, Visa Electron, MasterCard, Maestro, Dicover, Masari Money Transfer, Bank Wire Transfer, China Union Pay, Neteller, Skrill, WebMoney, Western Union, UniStream
Types of AssetsForex, Spot Metals, CFD Indices, CFD Bonds
Account CurrencyEUR, USD, GBP
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

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Company Information

Windsor Brokers are one of the oldest online brokerage companies. It started its operations in 1988 and had since developed its services. In 2005 the company decided to launch its online platform. The company’s headquarters are located in Limassol, Greece. Windsor Brokers is licensed by several authorities: CySEC in Greece, the FCA in the UK, registered with BaFin, Germany, AMF, France and is compliant with MiFID. With such a long history of Windsor, brokers can be recognized as one of the leading European companies in the brokerage industry. With over 25 years of service, excellent spreads and superb trading condition this broker is a safe bet for every beginner or expert trader. Windbrokers offers a hassle free trading experience thanks to the security of funds they provide and the great customer support. They use a well-known and stable platform that does what it’s expected to do. They have over $40 million in capital reserves and employ over 120 people.

 

Trading Information

 

Currently, you can find seven types of accounts at Windsor Brokers which can suit the needs of every trader. The first one is the “Micro” account that lets you trade with Forex, Indices, and Commodities. It’s the perfect account for beginners. It gives you a 1:500 leverage and fixed spreads of around two pips. It has a $100 deposit requirement. Minimum positions size is one standard lot. Next, is the “Mini” account. It has a minimum deposit requirement of $250 and gives you a fixed spread of 1 pip for majors. Leverages are set to 1:400. The “Standard” account is for more experienced traders and requires a $2500 deposit requirement. Spreads are fixed and go as low as 2.0 pips for majors. The leverages are set to 1:200. It also gives you the opportunity to trade with futures, precious metals and CFD’s. The mega account is a slight upgrade to the “Standard” account. You’ll have 1:400 leverage, automated trading, better stop out and margin call levels. The “Executive” account is for expert investors and institutions. It has a $250 000 deposit requirement and gives you all the benefits that Windsor Brokers offers. Spreads are fixed and can go as low as 0.8 pips; margin call level is at 100%, and the stop-out level is at 10%. Leverages are set to 1:100. Finally, the “Dynamic STP” is an attractive option for traders who would like to have all the competitive spreads without risking too much money. Spreads are fixed and are 0.2 for EUR/USD. Leverages are 1:500, but you can trade with futures

 

Trading Platforms

 

The trading platforms of choice for the Windsor Brokers brokerage are the MT4 and the GWAZY platform. The MT4 is the most popular trading platform in the world. It has been around decades and currently dominates the online brokerage stage. It’s perfect for beginner traders and at the same time it can suit the needs of every trading professional. It is highly customizable and offers features like over 250 trading instruments, over 30 indicators and excellent charting capabilities. One-click trading is possible, and you’ll have streaming news feed 24/7. You also get nine timeframes and 33 analytical objects. Mobile trading is possible with the dedicated Android and iPhone applications. It also works great on Windows and Mac computer devices. Windsor Brokers offer an alternative to the MT4. It’s called the GWAZY platform and provides excellent minimalistic trading experience. It offers full transparency and a great market watch. You don’t have spreads, margins, dual pricing or slippage. It’s perfect for beginner traders that don’t know about complicated indicators and strategies.

 

Security and Customer Services

 

As a broker who is licensed in several major European countries, you can expect that security at Windsor Brokers is at its best. And it is. The SSL encryption on their website ensures that all of your personal data will be safe. Also, the segregated account feature means your funds will be deposited into a tier 1 bank account and are going to be separated from that of the company’s. Customer support is nothing but great. You have several options for contacting the customer care team. There are a dedicated phone number and an email you can use. The live chat system works great, and you can get in touch with a company’s representative quite fast. There is a postal address for their headquarters in Limassol and also one for their branch in London, UK. You can also find the company on social media following their social media profiles on Facebook, Twitter, Google+, YouTube, Pinterest, and Linkedin.

 

Deposits and Withdraws

 

Depositing money into your Windsor Brokers account is easy. There are plenty of deposit methods available with some of them being instant and other take up to 2-3 business days. Clients can choose to deposit funds in any currency they like, but once deposited their money will be converted into USD. The minimum deposit amount depends on the payment methods you’ve chosen. Usually, it’s $100 but for some, it can be $600. There is a deposit fee for almost every method you choose that goes around 3% for every amount. There is only one method that is fee free and it’s China Unionpay. Maximum deposit amount goes from $5000 to an unlimited amount for some of the payment methods. There are much fewer withdrawal methods, but they’re also quite fast. All of them have a processing time of 1 business day. The withdrawal fees vary depending on the methods chosen.

 

Deposit Bonus and Loyalty Programs
Currently, Windsor Brokers offers only one promotion. It’s the “refer a friend” bonus where you can get up to $300 for every client you invite onto the platform. It takes around 24 hours for the funds to be transferred into your account. What’s best about the promotion is that has an unlimited number of referrals, and you can take advantage of it every time you invite someone.

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