Windsor Brokers vs FXCM

Windsor Brokers vs FXCM Comparison Table 2023
Windsor Brokers Review 2023 FXCM Review 2023
3.5
3.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Windsor Brokers is a multi-regulated broker offering CFD trading on diverse instruments via the MetaTrader 4 platform. This CySEC-regulated firm offers tight spreads from 0.2 and $8 round-turn commissions on its Zero account as well as a commission-free account with spreads from 1 pip. The broker provides very high leverage up to 1:1000 while also providing a reliable service with client funds insured up to 5 million euros.

FXCM is a respected forex and CFD broker, established since 1999. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia. With zero commissions, over 400 assets, and a range of analysis tools, FXCM is a popular choice. The broker is also FCA regulated and authorized in Australia and South Africa.

Bonus Offer
$30 no deposit bonus
Comment by Reviewer
"Both beginners and experienced forex traders will find good value in Windsor Brokers' flexible account options, which give the opportunity for highly leveraged trading with safeguards like negative balance protection." "FXCM is a top pick for traders deploying automated trading strategies, with four powerful platforms, strategy backtesting and algo trading through APIs. The broker is also great for active traders, with discounted spreads and low to zero commissions on popular assets."
Pros
  • Tight spreads and competitive commissions on Zero account
  • MT4 platform support plus copy trading functions
  • Overseen by reputable regulators including CySEC
  • Excellent range of educational materials
  • High leverage up to 1:1000
  • A choice for 4 powerful platforms including MT4, Capitalise.AI and the broker's proprietary solution
  • Premium support and custom solutions in the Active Trader professional account
  • Excellent trading tools including a market scanner, forex signals and access to reputable research site, eFXplus
  • Strong selection of educational materials including a new trader guide, market outlook reports and free webinars
  • Impressive global regulatory status with 4 reputable licenses with the FCA, ASIC, CySEC and FSCA
  • A range of funding methods including bank cards, Apple Pay and PayPal, with instant processing times
Cons
  • No additional trading platform support
  • Regulatory oversight varies between entities
  • Weak customer support and live chat function
  • Live chat support is unreliable
  • Not the widest range of assets or trading vehicles
Awards
  • Best Multi-Trading Platform 2018 - Global Brands Magazine
  • Best CSR Company 2018 – International Finance Magazine
  • Most Transparent Forex Brokers 2018 - Jordan Forex Expo
  • Most Trusted Forex Broker 2017 - UK Forex Awards
  • Best Forex Provider 2014 - China International Expo
  • Best Forex Broker 2011 - Middle East Forex Expo
Instruments
Forex, CFDs, indices, shares, commodities, treasuries Stocks, Spreadbetting, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Trading Platforms
  • MT4
  • MT4
  • TradingView
  • eSignal
Payment Methods
Minimum Trade
0.01 Lots Variable
Regulator
CySEC (Cyprus), IFSC (Belize), JSC (Jordan) FCA, CySEC, ASIC.
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes iOS and Android
Auto Trading
Yes
Copy Trading
No Yes
Copy Trading Platform
FXCM offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform. The sign-up process is quick and you can track your performance in real-time.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • ZAR
  • CHF
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, stocks, indices, commodities, bonds and cryptos with a maximum 1:1000 leverage available from the offshore branches and 1:30 from the CySEC-regulated entity. The broker's dealing desk assures fast execution, but traders should note the broker does not offer any ECN or STP trading. Trade a range of CFD instruments on one of FXCM's multi-asset platforms with fast execution and zero/positive slippage. Daily market analysis can also be used to inform trading decisions.
Leverage
1:30 (EU), 1:500 (Global) 1:30
FTSE Spread
N/A 1.18 pts var*
GBPUSD Spread
0.5 0.5 pips*
Oil Spread
0.03 0.05 (var)*
Stocks Spread
Variable 0.2% Var*
Forex Trading
Trade 45+ forex pairs with lightning-fast execution and spreads from zero on majors. We were offered a tighter-than-average 0.5 spread on the GBP/USD pair and rated the powerful MetaTrader 4 platform. Access over 40 currency pairs with no commissions and low spreads from 0.78 pips for EUR/USD. Forex can also be traded 24/5 on a choice of reliable platforms.
GBPUSD Spread
0.5 0.5 pips var*
EURUSD Spread
0.2 0.2 pips var*
EURGBP Spread
0.5 0.5 pips var*
Assets
44 40
Currency Indices
  • JPY
Cryptocurrency
Crypto trading not offered Trade some of world's most popular digital coins with zero commission and leverage up to 1:4. FXCM also stands out for its crypto major basket which offers exposure to Bitcoin, Ethereum, Litecoin and Bitcoin Cash in one trade.
Spread
Floating Variable
Coins
  • BTC
  • ETH
  • LTC
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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