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Windsor Brokers Windsor Brokers Limited

Windsor Brokers Review | Windsor Brokers Rating | windsorbrokers.biz

Headquarters: Windsor Business Center, Limassol , 4004 Mesa Yiotonia, PO BOX 54478 CY 3724

Country: Cyprus

Trader's rate 2.8
Editor's rate 3.5

Standard Account:

minimum deposit: $2,500

minimum lot size: 100k

max leverage: 200:1

 

Mini Account:

minimum deposit: $250

minimum lot size: 10k

max leverage: 400:1

 

Micro Account:

minimum deposit: $25

minimum lot size: 1k

max leverage: 400:1

 

 

Spread:

Variable, from 2 pips

 

Deposit/Withdraw

Bank Wire, Credit card,  e-Wallet

 

Platform:

Metatrader - MT4MT5

 

Regulated by:

CySec (Cyprus)

 




Latest news about Windsor Brokers

Spread

Variable spreads as low as 2 pips
Typical spreads: EUR/USD - 3 | GBP/USD – 4 | USD/CHF - 5 | USD/JPY - 3

Pros

Cons

Wide spreads during normal market conditions

No commissions 

Max 5 pip spreads during news releases

 

Slippage

Pros

Cons

No slippage during normal market conditions

 

Slippage during news releases

 

Requotes

Pros

Cons

No requotes during normal market conditions

Max Deviation feature - traders are able define max market order slippage

Some requotes during news releases

 

Price feed

Pros

Cons

No fractional pips

No Spikes

No Price Manipulation 

No

 

 

Platform

Pros

Cons

Metatrader 4.0

Very intuitive and easy to handle

Decent charts

Autotrading

Custom indicators

Mobile ready 

Trailing stop is server based

No Web Platform 

 

 

 

 

Deposit/Withdraw

Deposit

Withdraw

Bank Wire

Credit Card 

Bank Wire

Credit Card 

Customer service

Pros

Cons

Friendly Customer service reps

Phone

Request A Call

Live Chat

E-mail  

N/A

 

 

 

 

Summary

Pros

Cons

Max 5 pip spreads during news
Metatrader 4.0
Decent price feed
UK Regulated 

Wide spreads during normal market conditions
Some requotes 

 

Traders` reviews for Windsor Brokers Add review

Wrong info about Windsor brokers

As a client i have found that the above information is not accurate minimums are:

Standard
minimum deposit: $2,500
minimum lot size: 100k
max leverage: 200:1

Mini Account:
minimum deposit: $250
minimum lot size: 10k
max leverage: 400:1

Micro Account:
minimum deposit: $25
minimum lot size: 1k
max Leverage: 200:1

Jane 12/07/2009

Hi, i disagree with the ratings above, i have been with Windsor for a just under a year now and i have had excellent service. i agree with Kepros re the advantages. The customer service is excellent and with live chat you recieve a response to all your questions immediately. i opened an account and was up and trading within a day.

Jane 09/30/2009

I opened an account with this company around 3 weeks ago and finally decided to close it due to the following reasons:
1- high spreads especially during the asian session
2- slippage all the time on stop loss orders. My god these people do not stop giving u slippage even on 1 pip!
3- the worst customer service i ever encountered. they even promised me of a 'greek' speaking customer service, but everytime i call i get the romanian answering the phone, with broken english and have no clue about anything.

Andros Michaelides, FPA 09/06/2009

I am not sure how these guys got 4 star rating but they are one of the worst I have tried for 2 reasons-

1. They apparently remove your stop losses EVERY DAY- I got an email acting like this was normal and acceptable when I asked what happened to my stops!!!!!!!!!!!!!!!!!!!!!!!!!

2. They have removed the trailing stop feature from metatrader!

Mr. T, USA 07/27/2009

I've been using the Windsor Direct MT4 demo platform for about a week now. Nearly everytime I place an order...I get requoted...not once, but sometimes four or five times! It's almost funny, except for I know there are people experiencing this with a live account. Absolutely crazy!

S.J.Colar 07/27/2009

I have been trading on a live account with this broker for nearly a year. Trading EUR/USD is not a problem but have seen spreads on other currencies like GBP/USD go to 20 plus pips. Requotes are often. Website is pretty average in terms of information and news feed to MT4 is thin. Customer service is not bad but they can get aggressive if you disagree with them. So not great either. Other than that no major problems.

Tafrica 07/27/2009

Windsor brokers: fast execution, reliable platform and hedging

I have been trading with them for 2months, Very professional customer support, Reliable platform and very fast execution.

What I like most is their low margins crude oil and dowjones in addition to stop out level. The account is only stopped out if the margin level reaches 5% which is a grate flexibility.

They allow hedging and even on stop out they do not close positions they hedge which allows me to support my account and unhide profiting position.

Their online account opining is very easy and I can fund my account via Credit Card. Spread on forex is reasonable and stable most of the times. I would recommend them to any professional and even beginners.

kepros 06/30/2009
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