Introduction:
Windsor Brokers is a well established and highly respected market leader in the forex trading industry. With over 30 years of experience, this Cyprus based brokerage is dedicated to providing a top-notch platform for traders of all levels, from novice traders to professional investors. With a wide range of account types, trading applications, and spread fees, Windsor Brokers offers a comprehensive package that can meet the needs of any forex trader. In this in-depth review, we will break down Windsor Brokers’ services and provide a full look at their offerings including its regulations and trustworthiness, account types, spread fees, and more.
Heading 1: Regulations and Trustworthiness
Windsor Brokers follows all the international regulatory standards and processes. Its corporate offices are located in Cyprus and the company is a holder of the Cyprus Investment Firm (CIF) license, which is issued and regulated by the Cyprus Securities and Exchange Commission (CySEC). The CIF license enables Windsor Brokers to offer financial services across the E.U countries. Additionally, the company holds other licenses issued by its local supervisory bodies in countries like Montenegro, Ivory Coast, and the UK. All of these regulatory bodies ensure that the processes followed by Windsor Brokers comply with the stringent legal regulations.
Windsor Brokers has built a strong reputation for being a reliable and trustworthy broker. It is a member of the Investors Compensation Fund (ICF) which implies that its customers can request compensation in the case of a counterparty insolvency. Furthermore, the broker also has a strict zero tolerance policy against using customer funds for their own interests. This means that when customers funds are kept separately in safe custody.
Heading 2: Account Types
Windsor Brokers offers a wide range of account types, ranging from the Micro account to the VIP Gold account. For the novice trader, the Micro account provides a small minimum deposit of $250 and its Spread fees start from 0.8 pips. This account type also comes with leverage of up to 1:400 and a free of charge demo account with virtual funds. On the other end, there is the VIP Gold account which requires a $20,000 minimum deposit and comes with no commissions, spreads from 0.4 pips, and leverage up to 1:200.
These accounts come with a variety of trading tools and resources, including powerful charting tools, free research, educational materials, and more. Moreover, all account types can use the MetaTrader 5 platform which provides a comprehensive suite of trading features and resources, including the most powerful and sophisticated technical analysis.
Heading 3: Spread Fees
The Spread fee is one of the most important fees for traders. This fee is the cost of the trade and is charged in the form of a spread which is a difference between the buying and selling prices.
Windsor Brokers offers low Spread fee levels that vary depending on the account type, ranging from 0.8 pips for the Micro account up to 0.4 pips for the VIP Gold account. These low Spread fees make Windsor Brokers a very attractive option for traders who are looking to minimize their trading costs.
Windsor Brokers also offers a free swap-free account which is beneficial for traders who do not want to incur any additional charges on rolled over positions.
Conclusion
Windsor Brokers is a highly respected and regulated broker that offers a comprehensive package to traders of all levels. Most importantly, its spreads are among the most competitive in the industry. With a variety of account types, trading tools, and resources, Windsor Brokers is an excellent choice for any forex trader looking for a reliable and trustworthy partner. grass fences
Windsor Brokers has been praised by their customers as being one of the best brokers in the market. Their customer service is excellent and they offer a wide variety of trading platforms, including MetaTrader 4, cTrader, iPhone/iPad/ Android App and more. They also offer a comprehensive range of assets to trade, including forex, indices, commodities, stocks, ETFs, cryptos, and more. Their educational resources for new traders is also impressive, and their spreads are some of the lowest in the industry. They also provide various bonus programs and contests which can significantly increase your trading opportunities. Overall, Windsor Brokers is a great broker choice for all types of traders.
