A head-to-head comparison of Moneta Markets and Windsor Brokers across regulation, trading costs, platforms, and editorial scoring.
Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.
One of the longest-operating CySEC-regulated brokers, offering standard and ECN accounts on MT4 and MT5 - a solid EU retail offering backed by a track record few Cyprus-based competitors can match.
Moneta Markets and Windsor Brokers are extremely closely matched with scores of 4.1/5 and 4/5. The right choice depends on your individual trading priorities.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0 pips.
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Moneta Markets has a cost edge: lower commission ($6/lot).
Moneta Markets offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Moneta Markets edges out Windsor Brokers with a higher editorial score (4.1/5 vs 4/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.2 / 5▲ |
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.0 / 5 |
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.8 / 5 |
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
| Founded | 2019 | 1988 |
| Headquarters | Sydney, Australia | Nicosia, Cyprus |
| Min deposit | $50 | $100 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $8/lot |
| Max leverage | 1000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA ASIC FSA Seychelles | FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Moneta Markets | Visit Windsor Brokers |
Pros
ASIC, FSCA, and FSA Seychelles licensing - choice of regulatory framework
Pro ECN account: 0.0 pip spreads with $6 commission
MT4, MT5, and proprietary AppTrader platform
Strong localisation for Africa and Asia
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Founded 2019 - limited track record vs established competitors
Lower brand recognition outside Africa and Asia
FSA Seychelles entity offers limited investor protection
No investor compensation scheme
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Moneta 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) | Fail | 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 | Pass | 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 |
Based on our independent editorial scoring, Moneta Markets ranks higher with a score of 4.1/5 vs 4/5 for Windsor Brokers. The best choice still depends on your individual trading needs; Moneta Markets and Windsor Brokers may each suit different trader profiles.
Both Moneta Markets and Windsor Brokers offer spreads starting from 0 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
Moneta Markets has a lower minimum deposit of $50, while Windsor Brokers requires at least $100. This makes Moneta Markets more accessible for traders with limited starting capital.
Moneta Markets holds top-tier regulation (FSCA, ASIC, FSA Seychelles), providing stronger investor protections. Windsor Brokers may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: Moneta Markets has a lower minimum deposit ($50), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Moneta Markets offers maximum leverage of 1000:1, while Windsor Brokers offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Moneta Markets charges $6 per lot, lower than Windsor Brokers's $8 per lot. Lower commissions benefit active traders who execute many trades per day.
Moneta Markets supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and Windsor Brokers offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; Moneta Markets exclusively offers Proprietary Web/Mobile.
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