Pepperstone 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.

AttributePepperstoneWindsor Brokers
Licence Score78Strong51Moderate
Strongest licence 1 Tier 1 2 Tier 2
Licences on record74
1 FCA United Kingdom Licensed · FRN 684312—
1 ASIC Australia Licensed · AFSL 414530—
1 BaFin Germany Licensed—
2 CySEC Cyprus Licensed · Licence 388/20Licensed
2 DFSA United Arab Emirates Licensed—
3 CMA (Kenya) Kenya LicensedLicensed
3 SCB Bahamas Licensed—
3 JSC Jordan —Licensed
4 FSC (Belize) Belize —Licensed
Founded20101988
HeadquartersAustraliaCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, cTrader, TradingViewMT4
Minimum depositNo minimumUS$50
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Frequently asked questions

Is Pepperstone or Windsor Brokers better regulated?

Pepperstone has the higher Licence Score (78 vs 51), based on the number and tier of licences, operating history and public listing.

Which regulators license both Pepperstone 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.