HFM vs Windsor Brokers: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeHFMWindsor Brokers
Licence Score70Strong51Moderate
Strongest licence 1 Tier 1 2 Tier 2
Licences on record74
1 FCA United Kingdom Licensed—
2 CySEC Cyprus Licensed · Licence 183/12Licensed
2 FSCA South Africa Licensed · FSP 46632—
2 DFSA United Arab Emirates Licensed—
3 FSC (MU) Mauritius Licensed—
3 CMA (Kenya) Kenya LicensedLicensed
3 JSC Jordan —Licensed
4 FSA (Seychelles) Seychelles Licensed—
4 FSC (Belize) Belize —Licensed
Founded20101988
HeadquartersCyprusCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4
Minimum depositNo minimumUS$50
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Frequently asked questions

Is HFM or Windsor Brokers better regulated?

HFM has the higher Licence Score (70 vs 51), based on the number and tier of licences, operating history and public listing.

Which regulators license both HFM and Windsor Brokers?

Both are matched to licences from CySEC and CMA (Kenya).

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.