OANDA vs Windsor Brokers Forex Broker Comparison
A head-to-head comparison of OANDA and Windsor Brokers across regulation, trading costs, platforms, and editorial scoring.
NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.
VS
Score 4 / 5
2 bonusesOne 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.
Our Verdict
OANDA winsClear Winner
OANDA comes out ahead with an editorial score of 4.6/5 compared to Windsor Brokers's 4/5.
OANDA
4.6/5
Windsor Brokers
4/5
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
Recommended
Windsor Brokers offers tighter spreads from 0 pips vs 1 pips for OANDA, reducing trading costs.
Best for safety & regulation
Recommended
OANDA has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
Windsor Brokers has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Best for platform choice
Recommended
OANDA offers more exclusive platform options: Proprietary Web/Mobile, TradingView, a proprietary platform.
Best for beginners
Recommended
OANDA edges out Windsor Brokers with a higher editorial score (4.6/5 vs 4/5), indicating a stronger overall experience for new traders.
OANDA vs Windsor Brokers: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.6/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.8 / 5▲ | 4.2 / 5 |
Fees & Spreads 30% weight | 4.5 / 5▲ | 4.0 / 5 |
Platforms & Tools 20% weight | 4.6 / 5▲ | 3.8 / 5 |
Customer Support 10% weight | 4.3 / 5▲ | 4.0 / 5 |
| Founded | 1996 | 1988 |
| Headquarters | New York, United States | Nicosia, Cyprus |
| Min deposit | No minimum | $100 |
| Spreads from | 1 pips | 0 pips |
| Commission / lot | N/A | $8/lot |
| Max leverage | 50:1 | 500:1 |
| Withdrawal fee | Free for ACH | Free |
| Regulators | FCA CMF ASIC NFA CBI | FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile TradingView | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit OANDA | Visit Windsor Brokers |
OANDA vs Windsor Brokers Forex Broker Pros & Cons
Pros
Available to US residents (NFA-registered)
Best-in-class research and economic data
No minimum deposit
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
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
Spreads slightly wider than ECN-style brokers
No copy trading
No raw spread account option
Inactivity fee applies
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
OANDA vs Windsor Brokers: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
OANDA
criteria wins
2
Windsor Brokers
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | OANDA | 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 | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | 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 |
OANDA vs Windsor Brokers: Frequently Asked Questions
Based on our independent editorial scoring, OANDA ranks higher with a score of 4.6/5 vs 4/5 for Windsor Brokers. The best choice still depends on your individual trading needs; OANDA and Windsor Brokers may each suit different trader profiles.
Windsor Brokers offers tighter spreads starting from 0 pips, compared to OANDA's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
OANDA has a lower minimum deposit of no minimum required, while Windsor Brokers requires at least $100. This makes OANDA more accessible for traders with limited starting capital.
OANDA holds top-tier regulation (FCA, CMF, ASIC), 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: OANDA has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
OANDA offers maximum leverage of 50:1, 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.
Windsor Brokers charges $8 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
OANDA supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile, TradingView and Windsor Brokers offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; OANDA exclusively offers Proprietary Web/Mobile, TradingView.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 4 / 5
More Broker Comparisons
More OANDA comparisons
More Windsor Brokers comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker