IC Marketsvs
Windsor BrokersForex Broker Comparison
Two established forex brokers are tested on regulation, costs and platform breadth. The matchup weighs ECN pricing and a broad platform stack against an EU-backed track record and MT4/MT5 focus.
Our Verdict
IC Markets winsClear Winner
IC Markets leads the comparison with a 4.7/5 score and broader regulation, while Windsor Brokers trails at 4.0/5.
IC Markets
4.7/5
Windsor Brokers
4.0/5
Key Differences
- 1IC Markets offers 2200 instruments vs Windsor's 200.
- 2IC Markets provides MT4/MT5 and cTrader; Windsor is MT4/MT5 only.
- 3IC Markets is regulated by ASIC, CySEC, FSCA; Windsor by CySEC, FSCA.
Who should choose IC Markets vs Windsor Brokers?
Find out which broker best suits your trader profile.
Choose IC Markets if…
Choose IC Markets if you want true ECN pricing with raw 0.0 pip spreads and a broad platform stack (MT4, MT5, cTrader, TradingView). IC Markets also offers deep liquidity and clear cost disclosure with segregated funds.
Choose Windsor Brokers if…
Choose Windsor Brokers if you value a long operating history and EU protections under CySEC with an ECN Zero option on MT4/MT5. Windsor also provides a familiar MT4/MT5 experience with a lower instrument count.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
IC Markets vs Windsor Brokers: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.7/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.2 / 5 |
IC Markets vs Windsor Brokers Forex Broker Pros & Cons
Pros
True ECN routing with raw 0.0 pip spreads
All three major platforms (MT4, MT5, cTrader)
Deep liquidity from 25+ tier-1 sources
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
IC Markets vs Windsor Brokers: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
IC Markets
criteria wins
0
Windsor Brokers
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | IC Markets | Windsor Brokers |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | 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 | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
IC Markets vs Windsor Brokers: Frequently Asked Questions
IC Markets rates 4.7/5 versus 4/5 for Windsor Brokers. IC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both IC Markets and Windsor Brokers start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Windsor Brokers has $100, while IC Markets requires at least $200. This makes Windsor Brokers more accessible for traders with limited starting capital.
IC Markets holds top-tier regulation (ASIC, FSCA, CySEC), providing stronger investor protections. Windsor Brokers may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Windsor Brokers requires a lower minimum deposit ($100), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IC Markets lists maximum leverage of 500:1, 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.
IC Markets charges $7 per lot, lower than Windsor Brokers's $8 per lot. Lower commissions benefit active traders who execute many trades per day.
IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while Windsor Brokers supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. IC Markets has exclusive access to cTrader and TradingView.
