Windsor Brokers Review 2026
The full Windsor Brokers write-up for Latvia traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Latvia
| Regulator | CySEC CySEC, Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 030/04 |
| Regulated Entity | Windsor Brokers Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.1 pips |
| Instruments | 800+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD30/month after 6 months |
| Verify on CySEC register → | 030/04 |
Verdict
Cooks under CySEC (licence 030/04). Cover charge $100. In Latvia, forex leverage is capped at 1:30.
About Windsor Brokers
Windsor Brokers opened its doors in 1988 out of a kitchen in Limassol, Cyprus. Its menu runs to 800 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Windsor Brokers Ltd under CySEC.
In Latvia, Windsor Brokers serves as Windsor Brokers Ltd, cleared by CySEC under licence number 030/04. Under CySEC house rules, Latvia traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- CySEC regulated, licence 030/04
- 800+ instruments to trade
- Negative balance protection in Latvia
- Platforms: MT4, MT5
- Founded in 1988 (38 years operating)
- Tight EUR/USD spread from 0.1 pips
Cons
- Inactivity fee: USD30/month after 6 months
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Windsor Brokers regulated?
Yes. Windsor Brokers is authorised by CySEC, issued to the entity Windsor Brokers Ltd, an authorisation you can look up for yourself on the official CySEC public register.
What is the minimum deposit for Windsor Brokers in Latvia?
The cover charge is $100, the smallest amount Latvia traders need to open a live account with Windsor Brokers under CySEC rules.
What leverage does Windsor Brokers offer in Latvia?
In Latvia, CySEC rules cap Windsor Brokers at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Windsor Brokers safe to trade with?
The kitchen passes inspection: Windsor Brokers cooks under CySEC. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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