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Windsor Brokers regulation & licences

Forex & CFD broker Founded 1988 🇨🇾 Cyprus

Licence ScoreModerateHow it's calculated

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Licences on record 4

2 Tier 2 — strong regulation

CySECCyprus Securities and Exchange Commission🇨🇾 Cyprus
Reference: check the register
Compensation: Investor Compensation Fund (ICF) — up to €20,000Negative balance protection: Required for retail clients

3 Tier 3 — moderate regulation

CMA (Kenya)Capital Markets Authority of Kenya🇰🇪 Kenya
Reference: check the register
Compensation: No dedicated compensation scheme for online forex clients confirmedNegative balance protection: Not confirmed — check with the broker
JSCJordan Securities Commission🇯🇴 Jordan
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

4 Tier 4 — light / offshore

FSC (Belize)Financial Services Commission of Belize (formerly IFSC)🇧🇿 Belize
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

Windsor Brokers is a forex & CFD broker founded in 1988 and headquartered in Cyprus.

In our database Windsor Brokers is matched to 4 licences from CySEC, CMA (Kenya), JSC and FSC (Belize). Its strongest licence comes from the CySEC, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.

Windsor Brokers's licences span very different levels of protection — from CySEC to CMA (Kenya) and JSC. The entity you are assigned to normally depends on your country of residence; if you live outside the jurisdictions of its stronger licences, expect to be onboarded to an offshore entity.

Depending on the entity, eligible clients may be covered by Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under CySEC rules. Retail leverage caps apply at the CySEC and CMA (Kenya)-regulated entities (for example 30:1 on major FX pairs at CySEC).

Windsor Brokers offers MT4. The advertised minimum deposit starts from about US$50 — minimums often vary by account type and entity.

Regulatory strengths

  • Holds tier-2 licence (CySEC)
  • Operating for about 38 years
  • Compensation scheme available at CySEC entity
  • Negative balance protection required at some entities

Points to check

  • International clients may be onboarded to offshore entities (CMA (Kenya), JSC and FSC (Belize))

Protection by entity

RegulatorCompensationRetail leverageNegative balance protectionDisputes
2 CySECInvestor Compensation Fund (ICF) — up to €20,00030:1 on major FX pairs (ESMA rules)Required for retail clientsFinancial Ombudsman of Cyprus
3 CMA (Kenya)No dedicated compensation scheme for online forex clients confirmedMaximum 400:1Not confirmed — check with the brokerCMA complaints
3 JSCNo compensation schemeSet by JSC rulesNot a regulatory requirementJSC
4 FSC (Belize)No compensation schemeNo statutory capNot a regulatory requirementFSC Belize

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Windsor Brokers regulation FAQ

Is Windsor Brokers regulated?

Yes — in our database Windsor Brokers is matched to 4 licences: CySEC (Cyprus), CMA (Kenya) (Kenya), JSC (Jordan) and FSC (Belize) (Belize). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is Windsor Brokers a tier-1 regulated broker?

No. None of the licences we have matched to Windsor Brokers is from a tier-1 regulator. Its strongest licence is tier 2.

Does Windsor Brokers accept US clients?

Windsor Brokers is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Windsor Brokers generally cannot accept US retail forex clients.

Is my money protected with Windsor Brokers?

Clients of Windsor Brokers's CySEC-regulated entity may be eligible for statutory compensation (Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.

What is the minimum deposit at Windsor Brokers?

Windsor Brokers's advertised minimum deposit starts from about US$50. It can differ by account type, payment method and the entity you are onboarded to.

How can I verify Windsor Brokers's licence?

Find the company name and licence number in Windsor Brokers's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.