Windsor Brokers Review 2026
Full Windsor Brokers review for Singapore traders — regulation, spreads, fees and our honest verdict.
Regulation in Singapore
| Regulator | FSA FSA — Seychelles Financial Services Authority (FSA) |
| Licence Number | SD022 |
| Regulated Entity | Windsor Markets Ltd |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.1 pips |
| Instruments | 800+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD30/month after 6 months |
Verdict
Regulated by FSA (licence SD022). Minimum deposit $100. In Singapore: maximum forex leverage 1:500.
About Windsor Brokers
Windsor Brokers was founded in 1988 and is headquartered in Limassol, Cyprus. The broker offers 800 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Windsor Markets Ltd under FSA.
In Singapore, Windsor Brokers operates as Windsor Markets Ltd, authorised by FSA under licence number SD022. Singapore traders are subject to a maximum leverage of 1:500 on forex pairs under FSA rules.
Trading Platforms
Pros
- FSA regulated — licence SD022
- 800+ instruments to trade
- Negative balance protection in Singapore
- Platforms: MT4, MT5
Cons
- Inactivity fee: USD30/month after 6 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is Windsor Brokers regulated?
Windsor Brokers holds FSA licence SD022, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSA public register.
What is the minimum deposit for Windsor Brokers in Singapore?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Singapore under FSA regulation.
What leverage does Windsor Brokers offer in Singapore?
In Singapore, Windsor Brokers offers maximum forex leverage of 1:500 under FSA rules. Higher leverage may be available through offshore-regulated entities.
Is Windsor Brokers safe to trade with?
Windsor Brokers is regulated by FSA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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