Windsor Brokers vs Xtrade: 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.

AttributeWindsor BrokersXtrade
Licence Score51Moderate47Moderate
Strongest licence 2 Tier 2 2 Tier 2
Licences on record42
2 CySEC Cyprus LicensedLicensed
3 CMA (Kenya) Kenya Licensed—
3 JSC Jordan Licensed—
4 FSC (Belize) Belize LicensedLicensed
Founded19882009
HeadquartersCyprusCyprus
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4Proprietary
Minimum depositUS$50—
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Frequently asked questions

Is Windsor Brokers or Xtrade better regulated?

Windsor Brokers has the higher Licence Score (51 vs 47), based on the number and tier of licences, operating history and public listing.

Which regulators license both Windsor Brokers and Xtrade?

Both are matched to licences from CySEC and FSC (Belize).

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.