Spreadex and Windsor Brokers are pitted against each other in a battle of platform choice and instrument range, highlighting divergent approaches to costs and usability.
Spreadex and Windsor Brokers are closely matched overall, but Spreadex provides far more instruments (10,000) than Windsor (200).
Find out which broker best suits your trader profile.
Choose Spreadex if…
Choose Spreadex if you want FCA regulation, a proprietary platform, and access to 10,000 instruments.
Choose Windsor Brokers if…
Choose Windsor Brokers if you want MT4/MT5 access and ECN pricing with 0.0 pips and $8/lot. You also get 24/5 live chat support.
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 0.60 pips for Spreadex, reducing trading costs.
| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.2 / 5 |
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Spreadex | 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 | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
Spreadex and Windsor Brokers share the same editorial score of 4/5. One concrete differentiator: Spreadex requires a lower minimum deposit.
Windsor Brokers starts from 0 pips, tighter than Spreadex's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while Windsor Brokers requires at least $100. This makes Spreadex more accessible for traders with limited starting capital.
Spreadex holds top-tier regulation (FCA), 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: Spreadex 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.
Spreadex lists maximum leverage of 30:1, 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 Spreadex are not currently available. Check their website for up-to-date pricing.
Spreadex supports Proprietary Web/Mobile, TradingView, while Windsor Brokers supports MetaTrader 5, MetaTrader 4. Spreadex has exclusive access to Proprietary Web/Mobile and TradingView. Windsor Brokers has exclusive access to MetaTrader 5 and MetaTrader 4.
Spreadex wins for safety and regulation due to FCA licensing and segregated funds.
Windsor Brokers is better for active traders thanks to MT4/MT5 access and ECN pricing.
Windsor Brokers is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Spreadex leads for platform choice with a proprietary platform and TradingView integration.
Spreadex suits beginners with zero minimum deposit and no spread bet commissions.
Spreadex offers the broadest instrument range with 10,000 options.
Fees & Spreads 30% weight | 4.2 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.8 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 4.0 / 5 |
|---|
| Founded | 1999 | 1988 |
|---|
| Headquarters | St Albans, Hertfordshire, United Kingdom | Nicosia, Cyprus |
|---|
| Min Deposit | No minimum▼ lower | $100 |
|---|
| Spreads From | 0.6 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $8/lot |
|---|
| N/A | 0.8 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA | CySEC FSCA |
|---|
| Platforms | Proprietary Web/Mobile TradingView | MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
Phone support available
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
UK residents only - no international client access
No MT4 or MT5 available
Research tools minimal
Not suitable for traders who need raw ECN execution
No raw spread account option
No MetaTrader support
No 24/5 live chat
Support available in limited languages
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.
Score 4 / 5
Score 4 / 5
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