WellsTrade
Windsor Brokers
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Overview
WellsTrade was founded in 2008 and is headquartered in United States, while Windsor Brokers was established in 2005 and is based in Cyprus. WellsTrade holds licences including Unregulated, while Windsor Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. WellsTrade serves 10,000+ clients worldwide; Windsor Brokers has 10,000+. The minimum deposit is $30 at WellsTrade and $100 at Windsor Brokers.
| Feature | WellsTrade | Windsor Brokers |
|---|---|---|
| Min. Deposit | $30 | $100 |
| Regulation | Unregulated | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2005 |
| Country | United States | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between WellsTrade and Windsor Brokers, directly affecting your bottom line as a trader. Windsor Brokers has a lower barrier to entry with a minimum deposit of $100 (vs $30 at WellsTrade). Neither broker charges withdrawal fees. Overall, WellsTrade scores higher on fees in our assessment.
| Feature | WellsTrade | Windsor Brokers |
|---|---|---|
| Min. Deposit | $30 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
WellsTrade offers MT4, MT5, cTrader, while Windsor Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Windsor Brokers supports social and copy trading features, which WellsTrade does not offer. The two brokers are closely matched on platform offering.
| Feature | WellsTrade | Windsor Brokers |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone,Tablet,Mac,Android,WEB | MT4, Mirror Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how WellsTrade and Windsor Brokers compare. Windsor Brokers has a video library; WellsTrade does not. Windsor Brokers integrates third-party research tools (Autochartist); WellsTrade does not. Windsor Brokers scores higher overall in education and research.
| Feature | WellsTrade | Windsor Brokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. WellsTrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Windsor Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | WellsTrade | Windsor Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both WellsTrade and Windsor Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | WellsTrade | Windsor Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |