Deriv and Windsor Brokers face off on regulation, pricing, and platforms. The tension centers on platform choice and support options, keeping readers guessing until the verdict.
Deriv and Windsor Brokers are closely matched overall. A key differentiator is that Deriv offers a proprietary platform, while Windsor provides phone support and an investor compensation scheme.
Find out which broker best suits your trader profile.
Choose Deriv if…
Choose Deriv if you want a proprietary trading platform and a $5 minimum deposit.
Choose Windsor Brokers if…
Choose Windsor Brokers if you value phone support and an investor compensation scheme.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Windsor Brokers offers tighter spreads from 0.00 pips vs 0.50 pips for Deriv, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.2 / 5▲ |
Pros
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Deriv | Windsor Brokers |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Deriv rates 4.1/5 and Windsor Brokers rates 4/5. Deriv has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Windsor Brokers starts from 0 pips, tighter than Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while Windsor Brokers requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
Deriv is regulated by FSC BVI, LFSA. Windsor Brokers is regulated by CySEC, FSCA. Confirm a broker's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, two factors stand out: Deriv requires a lower minimum deposit ($5), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Deriv lists maximum leverage of 1000:1, while Windsor Brokers lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Windsor Brokers charges $8 per lot on commission-based accounts. Commission details for Deriv are not currently available. Check their website for up-to-date pricing.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while Windsor Brokers supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. Windsor Brokers has exclusive access to MetaTrader 4.
Equally matched.
Windsor Brokers is best for active traders with ECN Zero from 0.0 pips and $8 per lot.
Windsor Brokers is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Deriv is best for platform choice with a proprietary platform plus MT5 and multiple interfaces.
Deriv is best for beginners with a $5 minimum deposit and user-friendly platforms.
Deriv offers synthetic indices traded 24/7, expanding instrument variety.
Fees & Spreads 30% weight | 4.2 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.8 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
| Founded | 1999 | 1988 |
|---|
| Headquarters | Birkirkara, Malta | Nicosia, Cyprus |
|---|
| Min Deposit | $5▼ lower | $100 |
|---|
| Spreads From | 0.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $8/lot |
|---|
| N/A | 0.8 pips |
| Max Leverage | 1,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSC BVI LFSA MFSA VFSC | CySEC FSCA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile DXtrade | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Pros
35+ years of continuous operation, one of the longest track records in retail forex
CySEC regulated with EU investor protections
ECN Zero account from 0.0 pips + $8 commission
Islamic swap-free accounts available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Synthetic indices are proprietary instruments, not conventional regulated assets
Regulatory quality varies significantly by entity (MFSA vs VFSC/FSC BVI)
Customer support can be slow during peak periods
No top-tier regulatory licence
No investor compensation scheme
No raw spread account option
Limited charting capabilities
No phone support
Cons
Platform limited to MT4 and MT5, no cTrader or proprietary option
$100 minimum deposit on standard accounts
ECN commission slightly above IC Markets and Pepperstone
No top-tier regulatory licence
Limited charting capabilities
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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