Windsor Brokers Review 2026
Regulated broker with real licence numbers.
Windsor Brokers is a regulated CFD broker founded in 1988. It holds a CySEC licence under number 030/04.
The basics
Windsor Brokers was founded in 1988 and is headquartered in Limassol, Cyprus. It is privately owned. The broker offers CFDs on 800 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 1988 |
| Headquarters | Limassol, Cyprus |
| Instruments | 800+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is Windsor Brokers safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client.
| Regulator | Licence | Entity |
|---|---|---|
| CySEC | 030/04 ✓ | Windsor Brokers Ltd |
| FSA | SD022 ✓ | Windsor Markets Ltd |
| BVI-FSC | SIBA/L/08/0025 ✓ | Windsor Markets Ltd |
You can verify the CySEC licence at www.cysec.gov.cy. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
Windsor Brokers spreads
These are the typical spreads on Windsor Brokers's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 0.1 pips pips |
| GBP/USD | 0.4 pips pips |
| USD/JPY | 0.2 pips pips |
| Gold (XAU/USD) | 16c/oz |
| S&P 500 | 0.4pt |
Windsor Brokers's EUR/USD spread of 0.1 pips pips is among the tightest available, competitive with ECN brokers.
Windsor Brokers withdrawal fee and processing time
Fee: None. Windsor Brokers does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
Windsor Brokers minimum deposit by entity
The minimum deposit depends on which Windsor Brokers entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Windsor Brokers Ltd | CySEC 030/04 | $100 | 1:30 |
| Windsor Markets Ltd | FSA SD022 | $100 | 1:500 |
| Windsor Markets Ltd | BVI-FSC SIBA/L/08/0025 | $100 | 1:500 |
Windsor Brokers vs eToro
| Windsor Brokers | eToro | |
|---|---|---|
| Primary regulator | CySEC 030/04 | FCA 583263 |
| Min deposit | $100 | $50 |
| EUR/USD spread | 0.1 pips pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 800+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both brokers are regulated and legitimate. Windsor Brokers suits traders who value MetaTrader and algorithmic trading. eToro is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| CySEC | 030/04 — Windsor Brokers Ltd |
| FSA | SD022 — Windsor Markets Ltd |
| BVI-FSC | SIBA/L/08/0025 — Windsor Markets Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules. The offshore entity offers up to 1:500, but with lighter regulatory protection.
Pros and Cons
What works
- CySEC regulated — Windsor Brokers Ltd
- MetaTrader 4 and 5 available
- Tight EUR/USD spread from 0.1 pips
- Regulated in 3 jurisdictions
What does not work
- No copy trading
- No real stock ownership — CFDs only
- Inactivity fee: $30/month after 6 months
- High leverage only via offshore entity
The verdict
Windsor Brokers is a legitimate, regulated broker. The CySEC licence number 030/04 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to Windsor Brokers
If Windsor Brokers does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is Windsor Brokers safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client. Windsor Brokers holds CySEC licence 030/04, which is publicly verifiable on the official register.
What is the Windsor Brokers minimum deposit?
The minimum deposit is $100. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the Windsor Brokers EUR/USD spread?
The EUR/USD spread on Windsor Brokers standard accounts is typically 0.1 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does Windsor Brokers take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Windsor Brokers charge withdrawal fees?
None. Windsor Brokers does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Windsor Brokers have MetaTrader?
Yes. Windsor Brokers supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.