Score
Headway
South Africa|1-2 years| https://hw.international/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
Licensed Institution：JAROCEL PTY LTD
License No.：52108
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
South AfricaAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
hw.site
Server Location
United States
Website Domain Name
hw.site
Server IP
104.26.13.138
-
hw.online
Server Location
United States
Website Domain Name
hw.online
Server IP
104.21.75.147
-
hw.international
Server Location
United States
Website Domain Name
hw.international
Server IP
104.21.17.50
Company Summary
| Headway Review Summary | |
| Founded | 2022-05-24 |
| Registered Country/Region | South Africa |
| Regulation | Suspicious Clone |
| Market Instruments | Forex/Indices/Energies/Stock/Cryptocurrency |
| Demo Account | / |
| Leverage | Up to 1:Unlimited |
| Spread | From 0.0 pips |
| Trading Platform | MT4/MT5(iOS/Android) |
| Min Deposit | $1 |
| Customer Support | Live chat/Telegram/Line |
| Instagram/Facebook/YouTube/LinkedIn/TikTok | |
Headway Information
Headway is anECN/STP Broker specializing in investments, such as forex, indices, energies, stocks, and cryptocurrency. The broker also provides three accounts with unlimited leverage. The minimum spread is from 0.0 pips and the minimum deposit is $1. Headway is still risky due to its suspicious clone status and bad reviews about difficulty withdrawing money.
Pros and Cons
| Pros | Cons |
| MT4/MT5 available | Suspicious Clone |
| 24/7 customer support | High max leverage |
| Swap free | Negative comments about difficulty in withdrawal |
| Spread from 0.0 pips | |
| Various tradable instruments |
Is Headway Legit?
Headway regulates FSCA with license number 52108 and License Type Financial Service Corporate. However, the 'suspicious clone' current status is not as safe as the regulated one.
What Can I Trade on Headway?
Headway offers 476+ market instruments, including forex, indices, energies, stock, and cryptocurrency.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Energies | ✔ |
| Stock | ✔ |
| Cryptocurrency | ✔ |
Account Type
Headway has three account types: cent, standard, and pro. Traders who want low spreads can choose a pro account, while those with a small budget can open a cent account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.
| Account Type | Cent | Standard | Pro |
| Minimum Deposit | $1 | $10 | $100 |
| Spread | Floating from 0.3 | Floating from 0.3 | Floating from 0.0 |
| Commission | No | No | Up to 1.5$ each side per lot |
| Swap-free | + | + | + |
| Leverage | From 1:1 to 1:Unlimited | From 1:1 to 1:Unlimited | From 1:1 to 1:Unlimited |
| Stop out | 0% | 0% | 0% |
Headway Fees
The spread starts from 0.0 pips, the swap is zero, and commission-free. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:Unlimited meaning that profits and losses are magnified unlimited times.
Trading Platform
Headway cooperates with the authoritative MT4 and MT5 trading platform, which is available in iOS and Android. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iOS/Android | Junior traders |
| MT5 | ✔ | iOS/Android | Experienced traders |
Deposit and Withdrawal
The first deposit amount must be $1 or above. Headway accepts Mastercard, and Visa for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Promotions
Headway claims opening the bonus account will be credited with $111 without initial deposits.
Keywords
- 1-2 years
- Suspicious Regulatory License
- MT4 Full License
- MT5 Full License
- Global Business
- Suspicious Overrun
- High potential risk
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FX8401407202
Azerbaijan
Does anyone know how to withdraw the $111 bonus profit?
Exposure
01-08
Malenga
South Africa
Stay away from this broker if you don't want to lose you money They took my funds after trying to withdrawal claiming that I'm owing then
Exposure
2024-11-27
Rabatefx
Indonesia
Be careful trading with broker Headway, the slippage is terrible. My account was automatically cut, even though I only had a position of 0.03 with a balance of $514, floating $414, and equity $100. It was immediately cut, resulting in a total loss of $1013. # Broker Headway is garbage
Exposure
2024-09-11
chika8335
Indonesia
Last night my account was made MC without clarity, I request assistance, I really don't accept this, my margin is still there but suddenly I MC, if I MC it should be in the position of the candle 5 minutes earlier I already MC, equity from the peak point is still there for 100 pips
Exposure
2024-08-16
artexe
Indonesia
Intentionally made MC. Even SL does not immediately function. This broker is crazy; SL is removed immediately and made MC. when complaints are unilaterally closed.
Exposure
2024-07-18
Rudi 3214
Indonesia
The USDT prize has not yet entered my account.
Exposure
2024-04-27
Jirayupentiya
Thailand
My money doesn't credit to my account. What should I do?
Exposure
2024-01-14
Álvaro Amir
Colombia
I haven't had any major issues with them, but there haven't been any wow moments either. Just kind of...average. The trading app offers basic charting tools, but for serious technical analysis, you might need to a more advanced app.
Neutral
2024-07-10
Qutancl
Belarus
Very easy and customer friendly platform. It's also cost effective and has access to multiple different investments which makes it unbeatable. The only downside is that there is no SIPP yet but I hope this will come soon. I would like to see a cost effective SIPP with option to invest from business account (ltd).
Positive
2024-06-21