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Side-by-Side Comparison Independent Updated Apr 19, 2026

XM vs Windsor Brokers 2026: Which Broker is Better?

Choosing between XM and Windsor Brokers depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus. Windsor Brokers has the longer track record, established in 1988, compared to XM which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

XM

Windsor Brokers

Higher ratedXM logo

XM

3.9/ 5
Visit XM →Full review
VS
XMWindsor Brokers
BrokerRank Score3.9/5 ✓3.2/5
Min. Deposit$5$100 ✓
Spread from0.6 pips0 pips ✓
Max Leverage1:1000 ✓1:500
RegulationCySEC, DFSA, FSC ✓CySEC, FSA
PlatformsMT4, MT5, Proprietary MobileMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
Windsor BrokersXM
Best for Low Fees
Windsor BrokersXM
Best for Regulation
XMWindsor Brokers
Best Overall
XMWindsor Brokers
Quick Answer

XM is the better choice overall, scoring 3.9/5 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

XM vs Windsor Brokers: Key Differences

Feature

XM

Winner

Windsor Brokers

Our Rating
3.9 / 5
3.2 / 5
Min. Deposit
$5
$100
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$3/lot
Regulated By
CySECDFSAFSCFSCAFSA
Platforms
MT4, MT5, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Stocks, Indices, Commodities
Forex, Cfd, Indices, Commodities, Stocks
Founded
2009
1988
Headquarters
Limassol, Cyprus
Limassol, Cyprus
Score
4 / 5
1 / 5

Fees Comparison

Fee

XM

Windsor Brokers

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

Regulation & Trust

XM holds licences from ASIC, FCA, CySEC. Windsor Brokers is regulated by CySEC, FSA.

Markets & Assets

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

Fees & Spreads

On spreads, Windsor Brokers is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.

Trading Platforms

XM supports MT4, MT5, Proprietary Mobile. Windsor Brokers offers MT4, MT5. Both brokers are available on MT4, MT5.

Minimum Deposit

XM requires a minimum deposit of $5, while Windsor Brokers sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores XM at 3.92/5 and Windsor Brokers at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.

BrokerRank Verdict

XM is our recommended pick in this comparison, scoring 3.92/5 versus Windsor Brokers's 3.21/5. XM holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Windsor Brokers has a fees advantage with 0.0 pip spreads. XM 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 XM offers a stronger overall package for the majority of traders.

Who Should Choose Which?

XM

XM

3.9/5

Top pick

Choose XM if you want…

  • Higher overall rating (3.9/5)
  • No per-trade commission
  • Lower minimum deposit ($5)
  • Higher leverage (up to 1:1000)
Windsor Brokers

Windsor Brokers

3.2/5

Choose Windsor Brokers if you want…

  • Tighter spreads (from 0 pips)
  • More established (est. 1988)

Also consider

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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 XM & Windsor Brokers are available in

Frequently Asked Questions

1

Is XM better than Windsor Brokers?

XM scores higher overall on our independent rating system. XM holds a 3.9/5 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, XM or Windsor Brokers?

XM offers spreads from 0.6 pips, while Windsor Brokers starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for XM vs Windsor Brokers?

XM requires a minimum deposit of $5. Windsor Brokers requires $100.

4

Which broker is safer, XM or Windsor Brokers?

XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while Windsor Brokers holds licences from CySEC, FSA.

5

What trading platforms do XM and Windsor Brokers support?

XM supports MT4, MT5, Proprietary Mobile. Windsor Brokers supports MT4, MT5.

6

Can I use both XM 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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