Recalculated 2026-11-02 · Established 1988 · Windsor Brokers International Ltd
Windsor Brokers — South Africa
Windsor Brokers is rated 2.64 out of 5 by our formula (Rank #56 of 70) for traders in South Africa: round turn 8 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 3 trading platforms · it has been trading for 38 years
Look elsewhere if the round turn is 8 USD against a 7 USD median here · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Windsor Brokers International Ltd
- Licence number
- not stated
- Established
- 1988group
- Min deposit, USD
- 50 USDgroup
- Platforms
- MT4 · WebTrader · mobile
- Local funding
- Cards, bank wire, e-wallets; SA-specific rails n
- Max leverage
- 1000geo
- EURUSD
- 1 pipsgroup
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| Windsor BrokersPrime | 50 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| Windsor BrokersZero | 1000 | 0advertised | 8per standard lot | 8round turn, USD | — |
| Windsor BrokersVIP Zero | — | 0advertised | 5per standard lot | 5round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| Windsor Brokers | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgroup | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | 1 business daygroup | 24.0 h |
| EURUSD, standard | 1 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 1988group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Offshore-only for SA residents; no FSCA authorisation.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Windsor Brokers.
- Who actually onboards you
- Windsor Brokers International Ltd
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 2.25+ 20.0% × 4.25+ 20.0% × 0.00+ 15.0% × 4.00+ 10.0% × 5.00+ 10.0% × 1.25= 2.64
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Windsor Brokers International Ltd
Offshore entity
Served via offshore Windsor Brokers International Ltd (Seychelles); no local SA entity/office.
What each account gives you
Prime (min USD 50), Zero (min USD 1000), VIP Zero.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit from USD 50 (Prime).
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · WebTrader · mobile
FX, metals, indices, commodities, shares CFDs.
Reviews
Windsor Brokers Reviews - Trustpilot
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at 1 business day
Cons (3)
- Round turn 8.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Where it does not serve
United States, Malaysia, Europe, United Kingdom, Cuba, Iran, Myanmar, Ukraine, Russia, North Korea
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2windsorbrokers.comwindsorbrokers.com · domainBroker
- Aggregators and directories
- 3fxleaders.comfxleaders.com · domainAggregator
FAQ (5)
Does Windsor Brokers accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Windsor Brokers?
Windsor Brokers International Ltd
What licence does Windsor Brokers hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Windsor Brokers?
8.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Windsor Brokers take?
Windsor Brokers publishes 1 business day. Their own wording: “All withdrawals are processed within 1 working day from the request date.”.