
WindsorBrokers provides three different account types, namely the VIP Zero Account, MT4 Prime Account, and MT4 Zero Account. Each account type has its own set of conditions for commission, margin calls, leverage, and minimum deposits.
What are WindsorBrokers Account Types?
Windsor Brokers offers multiple account types designed for beginner, intermediate, and professional traders, including flexible trading conditions, variable spreads, swap-free options, and access to forex, commodities, indices, and CFD markets through MetaTrader platforms. Windsor Brokers operates under regulation from authorities including the Financial Services Authority (FSA), Jordan Securities Commission (JSC), and Capital Markets Authority (CMA), helping provide regulatory oversight, compliance standards, and client fund protection across multiple jurisdictions.
Windsor Brokers Account types – key points, quick overview:
Overview
- According to research in South Africa, WindsorBrokers was established in 1988 and is one of the longest-serving brokers.
- The company’s mission since the beginning has been to facilitate investor access to the global markets with a vast range of trading instruments, including over 600,000 financial assets, Forex, as well as Cryptocurrencies, CFDs, Futures, Metals, and Bonds.
- Over its years of operation, Windsor Brokers has received numerous awards for their services and developments and is rewarded by the number of happy clients it serves, giving it an excellent reputation in the industry.
- As part of their mission to facilitate investors’ access to the global markets, Windsor Brokers allocates significant capital reserves, provides adequate trading tools, and remains focused on fair and regulated trading practices and sound corporate governance.
- In contrast with many fly-by-night brokerages, Windsor Brokers grew steadily and gradually, expanding its global client base by investing in technology and human capital, while protecting investors’ funds.
- Windsor Brokers vows to remain committed to serving investors who place security, integrity, and reliability at the forefront.
WINDSORBROKERS Accounts and Features
- A forex account at WindsorBrokers is a trading account that you will hold, and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading in currencies.
- Forex Islamic accounts are also known as swap-free accounts, as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.
- Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.
- Windsor Brokers offers a choice between two account types, depending on the platform and the trading size you want to operate.
- The accounts feature negative balance protection, multilingual customer support, and other educational benefits that bring many benefits to the process.
| 🔍Live Account | 💰Minimum Dep. | 📈Average Spread | 📊Commissions | 📱Average Trading Cost |
| 🥇MT4 Zero | $1000 | 0.0 pips | 8 USD | 8 USD |
| 🥇MT4 Prime | $50 | 1 pip | None | 10 USD |
| 🥇VIP ZERO | $20,000 | Variable | 5 USD | 5 USD |
MT4 Zero Account
- The Windsor Brokers MT4 Zero Account is an ideal choice for professional or active traders in South Africa, as it comes with several advanced features that provide them with a superior trading experience.
- Notably, the Zero account offers tighter spreads, which makes it a highly competitive option compared to other accounts. In addition, the Zero account also provides traders access to a wide range of trading instruments, including Forex, commodities, and indices.
- Other account features include fast execution speeds, low latency, and no requotes, ensuring traders can take advantage of market opportunities without delays or interruptions.
| Account Feature | Value |
| 💰 Minimum Deposit | 1000 USD |
| 📈 Average spreads | From 0.0 pips |
| 📊 Commission charges | $8 Round Turn |
| 🌐 Maximum Leverage | 1:500 |
| 📍 Minimum Trade Volume | 0.01 lots |
| 📍 Maximum Trade Volume | 50 lots |
| ⚖️ Hedging Allowed? | Yes |
| ☪️ Islamic Account? | Not available |
| 📈 Negative Balance Protection? | Yes |
| 📝Sign up | 👉Open Account |
MT4 Prime Account
- The Windsor Brokers MT4 Prime Account is a fantastic option for novice or mid-sized traders in South Africa. This account type offers several features to help traders improve their trading skills and achieve their financial goals.
- One of the main advantages of the Prime account is that it provides access to a wide range of trading instruments, including Forex, commodities, and indices, among others.
- Additionally, the Prime account offers competitive spreads and low commissions, which can help traders reduce their trading costs and increase their profitability.
| Account Feature | Value |
| 💰 Minimum Deposit | 50 USD |
| 📈 Average spreads | From 1 pip |
| 📊 Commission charges | None |
| 🌐 Maximum Leverage | 1:500 |
| 📍 Minimum Trade Volume | 0.01 lots |
| 📍 Maximum Trade Volume | 50 lots |
| ⚖️ Hedging Allowed? | Yes |
| ☪️ Islamic Account? | Yes |
| 📈 Negative Balance Protection? | Yes |
| 📝Sign up | 👉Open Account |
VIP ZERO Account
- Windsor Brokers’ VIP ZERO account is a desirable option for active South African traders and investors seeking a cost-effective pricing environment.
- The VIP ZERO Account offers several unique benefits, including a dedicated personal account manager who provides personalised support and guidance.
- Additionally, VIP ZERO account holders have the opportunity to participate in interactive one-on-one sessions with the platform’s technical analysts, which can help them stay up-to-date with market trends and make informed trading decisions.
Cent Account
- Cent Account starts with just $1 using U.S. cents. Access forex, crypto, and metals on the MT5. Enjoy tight spreads and zero commissions
- Benefit from AI-powered tools & cash rewards
Demo Account
- The Windsor Brokers Demo Account is a great tool for South African users who want to evaluate the broker’s pricing and execution on various asset classes without risking real money.
- The demo account is a non-expiring, risk-free platform that provides virtual funds of up to $100,000 and leverage of up to 500:1. This feature allows users to experience a real trading environment and get a feel for the broker’s platform and tools.
- In addition to Forex, commodities, and indices, the Demo Account offers access to cryptocurrencies, stocks, bonds, and futures, enabling users to explore various assets and markets.
Islamic Account
- Windsor Brokers offers an exclusive Islamic or Swap-Free Account option for traders who adhere to Islamic Sharia laws, which prohibit interest-based transactions.
- This account is only available on the MT4 Prime Account and requires traders to register and complete full verification before requesting a conversion.
- The Islamic account ensures that traders do not incur any swap or rollover charges, considered interest-based and prohibited by Sharia law. This account type is ideal for Muslim traders who want to participate in online trading without compromising their religious beliefs.
How to Open a WINDSORBROKERS Account step by step
Opening an account with WindsorBrokers is a relatively simple process, which will consist of the following steps
Step 1 – Open Your Account
Visit the WindsorBrokers website, click on “OPEN AN ACCOUNT” in the top right-hand corner of the website
Step 2 – Fill out the form
- You will be prompted to select your Name, Surname, and telephone number. These are limited to a few European countries.
- Clicked on Sign Up
- Upon acceptance of your demo account registration, the broker will send you a link to open your free demo account and start risk-free practice trading
How to Close Your Account with Windsor Brokers
- To close your account with Windsor Brokers in South Africa, the following steps must be taken:
- Use your login credentials to access your account on the Windsor Brokers website.
- Choose the account you wish to close from the “Accounts” section.
- Check your account balance to ensure there are no open positions or pending orders.
- Contact Windsor Brokers’ customer service via email, phone, or live chat to request an account closure.
- Follow any additional instructions the customer service agent provided to close the account successfully.
- After closing your account, you must withdraw any remaining funds using one of the available withdrawal methods.
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 | ![]() | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 |
|
| 🥈 | ![]() | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 |
|
| 🥉 | ![]() | Read Review | CySEC, MWALI, FSCA | $25 |
|
| 4 | ![]() | Read Review | ASIC, CySEC, FSA, SCB | $200 |
|
| 5 | ![]() | Read Review | FSA, FSCA | $250 |
|
| 6 | ![]() | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 |
|
| 7 | ![]() | Read Review | FSC, FSCA | $50 |
|
| 8 | ![]() | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 |
|
| 9 | ![]() | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 |
|
| 10 | ![]() | Read Review | FSA, CySEC, FSCA, FSC | $10 |
|
WINDSORBROKERS at a Glance
| 🔎 Broker's Name | ![]() |
| 📍 Headquartered | Belize City, Belize/ Limassol, Cyprus. |
| 📅 Year Founded | 1988 |
| ⚖️ Regulating Authorities | CySEC, MiFID, BaFin, FSA, IFSC |
| 🌐 Countries not accepted for trade | Belgium, Belize, Japan, United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:1000 |
| 💰 Minimum Deposit | $50 |
| 💳 Deposit Options | Bank Wire, VISA, MasterCard, Local Bank Transfers, Neteller, Skrill, UnionPay, WebMoney |
| 💳 Withdrawal Options | Bank Wire, VISA, MasterCard, Local Bank Transfers, Neteller, Skrill, UnionPay, WebMoney |
| 💻 Platform Types | MT4 Desktop MT4 Mobile MT4 Tablet MT4 WebTrader |
| 📱 OS Compatibility | Mobile’ Web, iPhone, iPad |
| 📈 Tradable assets offered | Currencies: (40+) Cryptocurrencies:(1) Bitcoin CFD: (55+) Gold, Silver, Stocks, Stock Indexes, Bonds, Oil, Other Commodities |
| 👨💼 Languages supported on Website | English, Arabic, Farsi, Greek, Chinese, Polish, Romanian, Serbian, French, Italian, German, Spanish. |
| 👥 Customer Support Languages | English, Arabic, Farsi, Greek, Chinese, Polish, Romanian, Serbian, French, Italian, German, Spanish. |
| 📆 Customer Service Hours | 24 hours per day, 7 days per week |
| 📝Sign up | 👉 Open Account |
Customer Reviews
- Customer reviews for Windsor Brokers present a mixed picture.
- Many traders appreciate the platform's user-friendly interface, competitive spreads, and responsive customer support.
- Positive experiences often highlight smooth deposit and withdrawal processes, as well as the helpfulness of the support team.
- However, some users report challenges, particularly concerning fund withdrawals and account management.
- Complaints include delays in processing withdrawals, accounts being closed after generating profits, and difficulties in contacting customer service.
- Additionally, certain traders have expressed concerns about the platform's performance during high-volatility periods, citing issues like wide spreads and slippage.
| 🔍Aspect | 🔖Details |
| 🌟Overall Rating | ⭐️⭐️⭐️⭐️☆ (4.5/5) – Windsor Brokers is widely regarded as a reliable and trustworthy broker, appreciated for its platform stability and transparency. |
| 👏Customer Satisfaction | High – Most users report positive trading experiences, highlighting user-friendly tools, competitive spreads, and educational resources for all skill levels. |
| 📞Customer Service | Responsive and professional – Support is available via live chat, phone, and email. Multilingual staff and prompt response times are commonly praised. |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
![]() | Generally positive, especially for transparency in trading stats and broker reliability. | ⭐️⭐️⭐️⭐️☆ (4.2/5) |
![]() | Mixed but improving — praised for regulation and account safety; some past withdrawal concerns. | ⭐️⭐️⭐️☆☆ (3.8/5) |
![]() | Limited reviews, mostly favorable — users mention good execution and fair spreads. | ⭐️⭐️⭐️⭐️☆ (4.0/5) |
![]() | Highly rated — strong marks for customer service, mobile experience, and platform tools. | ⭐️⭐️⭐️⭐️⭐️ (4.6/5) |
![]() | Few entries — mostly from African markets; decent service and support mentioned. | ⭐️⭐️⭐️☆☆ (3.7/5) |
![]() | Overall trustworthy — praised for regulation, support, and user-friendly interface. | ⭐️⭐️⭐️⭐️☆ (4.3/5) |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Competitive spreads and low commissions | High minimum deposits on the Zero and VIP ZERO Accounts |
| Fast execution speeds and flexible leverage options | The Islamic Account is only available on the MT4 Prime Account |
Conclusion
WindsorBrokers provides three different account types, namely the VIP Zero Account, MT4 Prime Account, and MT4 Zero Account. Each account type has its own set of conditions for commission, margin calls, leverage, and minimum deposits.
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Frequently Asked Questions
What are the different account types offered by Windsor Brokers?
Windsor Brokers offers three different account types: Zero, VIP Zero, and Islamic MT4 Prime accounts.
What are the advantages of the Zero account offered by Windsor Brokers?
The Zero account offers competitive spreads and low commissions.
What are the disadvantages of the VIP Zero account offered by Windsor Brokers?
The VIP Zero account requires high minimum deposits.
What is an Islamic account, and how is it different from other types that Windsor Brokers offers?
The Islamic account is designed for traders who follow Islamic principles and prohibit interest-based transactions. This account is only available on the MT4 Prime account.
What is the MT4 Prime account, and what are its benefits?
The MT4 Prime account is a high-performance trading account that offers fast execution speeds, flexible leverage options, and access to a wide range of trading instruments. It also offers an Islamic account option.
Does Windsor Brokers offer a demo account?
Yes, Windsor Brokers offers an unlimited demo account that does not expire.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
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