In this comparison, OANDA and Windsor Brokers face off on regulation, pricing, and platforms.
OANDA edges Windsor Brokers with a higher editorial score and broader regulator coverage plus more platform options.
Find out which broker best suits your trader profile.
Choose OANDA if…
Choose OANDA if you want top-tier regulation and advanced charting.
Choose Windsor Brokers if…
Choose Windsor Brokers if you want ECN pricing with 0.0 pips and MT4/MT5 access.
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 1.00 pips for OANDA, reducing trading costs.
| Editorial score | 4.6/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.8 / 5▲ | 4.2 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| 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 rates 4.6/5 versus 4/5 for Windsor Brokers. OANDA edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Windsor Brokers starts from 0 pips, tighter than OANDA's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
OANDA has no minimum deposit, while Windsor Brokers requires at least $100. This makes OANDA more accessible for traders with limited starting capital.
OANDA holds top-tier regulation (FCA, ASIC, CBI), 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: OANDA has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
OANDA lists maximum leverage of 50:1, 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 OANDA are not currently available. Check their website for up-to-date pricing.
OANDA supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4, while Windsor Brokers supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. OANDA has exclusive access to Proprietary Web/Mobile and TradingView.
OANDA wins for regulation with NFA, FCA, ASIC, CBI, CMF and segregated funds.
Windsor Brokers leads for active traders due to ECN pricing with 0.0 pips and $8 per lot, plus reliable MT4/MT5 execution.
Windsor Brokers is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
OANDA wins for platform choice with MT4, MT5, proprietary Web/Mobile, and TradingView.
OANDA is best for beginners due to zero minimum deposit and broad platform access.
Windsor Brokers offers around 200 instruments including major forex pairs and precious metals to diversify strategies.
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▼ lower | $100 |
|---|
| Spreads From | 1 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $8/lot |
|---|
| N/A | 0.8 pips |
| Max Leverage | 50:1▲ higher | 500:1 |
|---|
| Inactivity Fee | $10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferDebit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free for ACH | Free |
|---|
| Regulators | FCA ASIC CBI CMF NFA | CySEC FSCA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile TradingView MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
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
Dig deeper into each broker’s features, fees, and regulation.
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