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Side-by-Side Comparison Independent Updated Oct 2, 2026

City Index vs Windsor Brokers 2026: Which Broker is Better?

Choosing between City Index and Windsor Brokers depends on your trading style, preferred markets, and budget. City Index is headquartered in London, UK, while Windsor Brokers operates from Limassol, Cyprus. City Index has the longer track record, established in 1983, compared to Windsor Brokers which was founded in 1988. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

City Index

Windsor Brokers

Higher ratedCity Index logo

City Index

4.1/ 5
Visit City Index →Full review
VS
City IndexWindsor Brokers
BrokerRank Score4.1/5 ✓3.2/5
Min. Deposit$0 ✓$100
Spread from0.5 pips0 pips ✓
Max Leverage1:2001:500 ✓
RegulationFCA, ASIC, MAS ✓CySEC, FSA
PlatformsProprietary Web, Proprietary Mobile, MT4MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
City IndexWindsor Brokers
Best for Low Fees
Windsor BrokersCity Index
Best for Regulation
City IndexWindsor Brokers
Best Overall
City IndexWindsor Brokers
Quick Answer

City Index is the better choice overall, scoring 4.1/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Windsor Brokers offers lower spreads (0 pips).

See full side-by-side comparison below

City Index vs Windsor Brokers: Key Differences

Feature

City Index

Winner

Windsor Brokers

Our Rating
4.1 / 5
3.2 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0.5 pips
0 pips
Commission
None
$3/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile, MT4
MT4, MT5
Markets
Cfd, Forex, Stocks, Indices, Commodities
Forex, Cfd, Indices, Commodities, Stocks
Founded
1983
1988
Headquarters
London, UK
Limassol, Cyprus
Score
4 / 5
1 / 5

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Fees Comparison

Fee

City Index

Windsor Brokers

Spread From
0.5 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

City Index holds licences from FCA, ASIC, MAS. Windsor Brokers is regulated by CySEC, FSA.

Markets & Assets

Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.

Fees & Spreads

On spreads, Windsor Brokers is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at City Index.

Trading Platforms

City Index supports Proprietary Web, Proprietary Mobile, MT4. Windsor Brokers offers MT4, MT5. Both brokers are available on MT4.

Minimum Deposit

City Index requires no minimum deposit, while Windsor Brokers sets a minimum deposit of $100. This makes City Index accessible to traders with any budget.

Overall Ratings

BrokerRank scores City Index at 4.06/5 and Windsor Brokers at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. City Index leads overall with a clear advantage.

BrokerRank Verdict

City Index is our recommended pick in this comparison, scoring 4.06/5 versus Windsor Brokers's 3.21/5. City Index holds more tier-1 licences (FCA, ASIC, MAS), offering stronger regulatory protection. Windsor Brokers has a fees advantage with 0.0 pip spreads. City Index is more accessible for new traders with its lower minimum deposit requirement. Windsor Brokers is still a solid option for traders who prefer Windsor Brokers's specific platform or market selection, but City Index offers a stronger overall package for the majority of traders.

Who Should Choose Which?

City Index

City Index

4.1/5

Top pick

Choose City Index if you want…

  • Higher overall rating (4.1/5)
  • No per-trade commission
  • No minimum deposit
  • More regulatory licences (3)
Windsor Brokers

Windsor Brokers

3.2/5

Choose Windsor Brokers if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both City Index & Windsor Brokers are available in

Frequently Asked Questions

1

Is City Index better than Windsor Brokers?

City Index scores higher overall on our independent rating system. City Index holds a 4.1/5 rating vs Windsor Brokers's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, City Index or Windsor Brokers?

City Index offers spreads from 0.5 pips, while Windsor Brokers starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for City Index vs Windsor Brokers?

City Index requires a minimum deposit of $0. Windsor Brokers requires $100.

4

Which broker is safer, City Index or Windsor Brokers?

City Index is regulated by FCA, ASIC, MAS, while Windsor Brokers holds licences from CySEC, FSA.

5

What trading platforms do City Index and Windsor Brokers support?

City Index supports Proprietary Web, Proprietary Mobile, MT4. Windsor Brokers supports MT4, MT5.

6

Can I use both City Index and Windsor Brokers?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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