FBS and Windsor Brokers take very different approaches to serving traders — one prioritizes accessibility and low costs, the other leans on decades of market history. Here's how they stack up head-to-head across fees, regulation, platforms, and more.
FBS combines ultra-low entry costs with tier-1 ASIC regulation, making it the go-to broker for cost-conscious traders who still want strong oversight.
Windsor Brokers leans on over three decades of market presence to offer a traditional, commission-based trading environment for veteran traders.
Same category, top-tier regulation, and it's currently accepting new traders.
See What Makes It DifferentCore features compared head-to-head.
| Feature | F FBS | WB Windsor Brokers |
|---|---|---|
| Overview | ||
| Rating | 3.9 / 5 | 3.2 / 5 |
| Founded | 2009 | 1988 |
| Headquarters | Limassol, Cyprus | Limassol, Cyprus |
| Regulation | CySEC, ASIC, FSCA | CySEC, FSA |
| Fees & Limits | ||
| Min Deposit | $1 | $100 |
| Spreads From | 0 pips | 0 pips |
| Commission | None | $3/lot |
| Max Leverage | 1:3000 | 1:500 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Forex, Cfd, Indices, Commodities, Stocks |
FBS
$1
Windsor Brokers
$100
FBS
0 pips
Windsor Brokers
0 pips
FBS
None
Windsor Brokers
$3/lot
FBS
None
Windsor Brokers
None
FBS
None
Windsor Brokers
None
FBS is the clear winner in this matchup, earning a 3.9/5 overall rating compared to Windsor Brokers's 3.2/5. FBS wins on regulatory strength thanks to its ASIC licence, undercuts on minimum deposit at just $1, and offers a commission-free trading structure. Windsor Brokers remains a respectable alternative for traders drawn to its long-standing 1988 founding and traditional commission-based model.
FBS operates under licences from CySEC, ASIC, and FSCA, giving it a genuine tier-1 regulatory layer through the Australian Securities and Investments Commission. This combination of regulators spans European, Australian, and African oversight, providing traders with multiple layers of recourse depending on their region.
Windsor Brokers, by comparison, is regulated by CySEC and FSA. While CySEC is a respected EU regulator, the absence of a tier-1 authority like ASIC or the FCA means Windsor Brokers offers a comparatively thinner safety net.
For traders who place regulatory strength at the top of their priority list, FBS's broader and stronger regulatory footprint makes it the more reassuring choice of the two.
Both brokers advertise spreads starting from 0 pips, putting them on equal footing at the headline level. The real difference emerges in commission structure: FBS charges no per-trade commission at all, while Windsor Brokers applies a $3 per lot fee on top of its spreads.
For high-frequency or high-volume traders, that $3 per lot commission on Windsor Brokers can meaningfully erode profits over time. FBS's zero-commission model offers more predictable, transparent cost calculations for traders of all styles.
Neither broker charges deposit or withdrawal fees, which is a welcome consistency across both platforms. Overall, FBS holds a clear edge in total cost of trading.
FBS's $1 minimum deposit is remarkably low, effectively removing the financial barrier to entry for new traders or those wanting to test strategies with minimal capital at risk. This makes FBS especially attractive to beginners and students entering the markets for the first time.
Windsor Brokers requires a $100 minimum deposit, which is still a fairly standard figure across the industry but represents a significantly higher commitment than FBS demands.
For traders prioritizing accessibility and flexibility in starting capital, FBS is the more welcoming platform by a wide margin.
FBS offers leverage up to an aggressive 1:3000, appealing to experienced traders who want maximum capital efficiency on smaller account balances. This level of leverage requires careful risk management, as it magnifies both gains and losses substantially.
Windsor Brokers caps leverage at 1:500, a more conservative and widely accepted limit that aligns with many international regulatory standards.
Beginners should approach FBS's higher leverage cautiously, while traders who prefer more controlled risk exposure may find Windsor Brokers's cap reassuring.
FBS supports MT4, MT5, and a proprietary mobile trading app, giving traders three distinct ways to access the markets depending on their device and workflow preferences. Its market range covers forex, CFDs, stocks, indices, commodities, and crypto.
Windsor Brokers sticks to the industry-standard MT4 and MT5 terminals without an in-house mobile app, and its market coverage includes forex, CFDs, indices, commodities, and stocks — notably excluding crypto.
Traders wanting broader asset diversification, including crypto exposure, and a dedicated mobile experience will lean toward FBS's more expansive offering.
FBS is our recommended pick in this comparison, scoring 3.9/5 versus Windsor Brokers's 3.2/5 on our independent rating system. FBS's combination of ASIC-backed regulation, zero-commission trading, a $1 minimum deposit, and wider market access makes it the stronger all-around package for most traders.
Windsor Brokers remains a credible option for traders who value its 1988 founding and traditional commission-based pricing structure, particularly if they already prefer its platform ecosystem.
For the majority of traders — especially beginners and cost-conscious investors — FBS delivers the more compelling overall value proposition.
The bottom line — category winners and our final pick based on ratings.
FBS edges out Windsor Brokers overall based on our expert rating score.
Highest Rated
FBS
3.9 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.9/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our #1 Pick Right Now: AvaTrade
Same category, top-tier regulation, and it's currently accepting new traders.
