Compare Interactive Brokers Vs Windsor Brokers: Which is the Better Forex Broker in 2023?
Interactive Brokers Vs Windsor Brokers, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Interactive Brokers Vs Windsor Brokers, here is the direct comparison:
Compare | Interactive Brokers | Windsor Brokers |
General Rating |
4.53/5 |
4.53/5 |
Trustpilot |
3.9/5 2260 users |
3.5/5 |
πΌ Regulation | ||
βInformation | Testimonials (20), News (22), Articles (1) | Testimonials (15), News (1), Bonus (5), Promotions (2), Contests (1) |
β Established | 1977 | 1998 |
π² Min Deposit | $10000 | $100 |
β Max Leverage | 1:100 | 1:500 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $8 | |
π‘ Min Position | 0.25 lot | 0.01 lot |
π³ Payment | Wire transfer, Check and BPAY | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay |
π’ Office(s) |
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π§© Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
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π£ Website Languages | German, Spanish, French, Italian, Japanese, Russian, Chinese | Arabic, English, Persian, Spanish, Indonesian, Korean, Portuguese, Thai, Chinese, Malay |
πͺ Trade Now | Open Interactive Brokers | Open Windsor Brokers |
Compare Again
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I have worst CS moment here. They are a bit...
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While the platform is good. When you have a problem...
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The web site does not always connect you may have...
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The platform is absolutely solid and the folks at IB...
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Pros: Fast, InexpensiveCons: Terrible Scanner, Horrible Charts, Customer Services...
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I wasn’t impressed with my experience with Windsor brokers. They...
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Windsor Brokers is the best brokers. I would definitely recommend...
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Amazing team and follow up with clients. They support me...
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They are not trusted after I had made profits they...
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They have good customer service and good platform too. Their...
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See More Interactive Brokers Testimonials
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See More Windsor Brokers Testimonials
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Interactive Brokers Trading Volume is Dropped
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ASIC Suspends Interactive Brokers Stock Lending Products
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Interactive Brokers Applies New Look on IBKR Campus Website
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Interactive Brokers Offers Algo Trading in Taiwan
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Illio Launches Consumer App on Interactive Brokers
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Interactive Brokers Publishes Solid DART as Client Accounts Grow
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Interactive Brokers Enhances IBKR Platform with More Features
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Windsor Brokers Reportedly Hires ex-Exinity Mina Samir
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Interactive Brokers Introduces Overnight Trading Hours for Clients
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See More Related Interactive Brokers News
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Interactive Brokers provides their pricing with Fixed spread while Windsor Brokers offers Variable spread.
Interactive Brokers vs Windsor Brokers: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Interactive Brokers enables trading with Web Trader (SerSart), FX-Trader, Trader Workstation. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Windsor Brokers provides trading with MetaTrader 4 with the support of One-click trading, Trailing stop, Pending orders.
Is Interactive Brokers or Windsor Brokers better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Interactive Brokers supports trading with Forex, Gold & silver, CFD, Stocks, Options, Futures, Bonds, ETF, Crypto, while Windsor Brokers presents the ability of trading with Forex, CFD, Futures, Binary options, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Interactive Brokers and Windsor Brokers:
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- Compare Windsor Brokers vs OctaFX
- Compare Windsor Brokers vs GKInvest
- Compare Windsor Brokers vs Swissquote
For more comparisons, visit this page.