A head-to-head comparison of RoboForex and Windsor Brokers across regulation, trading costs, platforms, and editorial scoring.
IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.
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.
RoboForex and Windsor Brokers are extremely closely matched with scores of 4/5 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.
Windsor Brokers has a stronger safety profile: compensation scheme, segregated funds, negative balance protection.
Windsor Brokers has a cost edge: lower commission ($8/lot).
RoboForex offers more exclusive platform options: cTrader, Proprietary Web/Mobile, a proprietary platform.
Both brokers share the same editorial score of 4/5, but RoboForex requires a lower minimum deposit ($10 vs $100 for Windsor Brokers), making it more accessible for new traders.
| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.6 / 5 | 4.2 / 5▲ |
Fees & Spreads 30% weight | 3.9 / 5 | 4.0 / 5▲ |
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.8 / 5 |
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
| Founded | 2009 | 1988 |
| Headquarters | Belize City, Belize | Nicosia, Cyprus |
| Min deposit | $10 | $100 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $20/lot | $8/lot |
| Max leverage | 2000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA CySEC IFSC | FSCA CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 cTrader Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit RoboForex | Visit Windsor Brokers |
Pros
12,000+ instruments including real stocks and ETFs
cTrader available with full Level II and cAlgo
Multiple account types from Cent to ECN
R Trader proprietary platform with built-in analytics
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
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
Primary entity uses IFSC Belize - offshore, limited protection
ECN commission of $20 round-turn is higher than IC Markets ($7)
Very high leverage (2000:1) amplifies risk significantly
No top-tier regulatory licence
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 | RoboForex | 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 | 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 |
RoboForex and Windsor Brokers share the same editorial score of 4/5. The right choice depends on your priorities: trading costs, platform preference, or regulatory coverage.
Both RoboForex 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.
RoboForex has a lower minimum deposit of $10, while Windsor Brokers requires at least $100. This makes RoboForex more accessible for traders with limited starting capital.
RoboForex is regulated by FSCA, CySEC. Windsor Brokers is regulated by FSCA, CySEC. Always confirm a broker's current regulatory status before opening an account.
For beginners: RoboForex has a lower minimum deposit ($10), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
RoboForex offers maximum leverage of 2000:1, 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, lower than RoboForex's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
RoboForex supports MetaTrader 4, MetaTrader 5, cTrader, Proprietary Web/Mobile and Windsor Brokers offers MetaTrader 4, MetaTrader 5; both support MetaTrader 4, MetaTrader 5; RoboForex exclusively offers cTrader, Proprietary Web/Mobile.
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