Headway Review
Overall, Headway can be summarised as a reputable and highly regulated Forex Broker that is very competitive in terms of its trading fees. Headway offers access to multiple account types and has a trust score of 80 out of 99.
🔎 Broker | 🥇 Headway |
📈 Established Year | 2022 |
📉 Regulation and Licenses | FSCA |
📊 Ease of Use Rating | 5/5 |
🎁 Bonuses | $111 Sign-Up Bonus, Cash Booster, Dreamway, Headway Giftshop |
⏰ Support Hours | 24/5 |
📌 Trading Platforms | MetaTrader 4, MetaTrader 5 |
💴 Account Types | Cent, Standard, Pro |
💵 Base Currencies | USD, EUR, IDR, JPY, THB |
📍 Spreads | From 0.0 pips EUR/USD on Pro |
↪️ Leverage | Unlimited according to account balance |
💶 Currency Pairs | 61; major, minor, and exotic pairs |
💷 Minimum Deposit | 1 USD on Cent |
🔊 Website Languages | English, Arabic, French, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese |
💰 Fees and Commissions | Spreads from 0.0 pips; commissions from $3 per lot traded |
🤝 Affiliate Program | ✅Yes |
✖️ Banned Countries | United States and other countries where financial services violate laws or regulations |
📈 Scalping | ✅Yes |
📉 Hedging | ✅Yes |
📊 Trading Instruments | Forex, cryptocurrencies, metals, energies, stocks, indices |
🚀 Open an Account | 👉 Click Here |
Headway Review – Analysis of Brokers’ Main Features
- ☑️ Overview
- ☑️ Detailed Summary
- ☑️ Safety and Security
- ☑️ Account Types and Features
- ☑️ How To Open a Headway Account
- ☑️ Trading Platforms and Software
- ☑️ Fees, Spreads, and, Commissions
- ☑️ Leverage and Margin
- ☑️ Trading Instruments and Products
- ☑️ Deposit and Withdrawal Options
- ☑️ Headway Educational Resources
- ☑️ Headway Pros and Cons
- ☑️ In Conclusion
Overview
Headway offers a personalized and dynamic trading experience for both novice and seasoned traders. Headway offers flexible trading accounts from Cent to Pro, with low and competitive minimum deposits, flexible trading conditions, and access to various financial markets.
Headway is known for its competitive market execution rates as fast as 0.16 seconds, making it ideal for high-volume traders.
Detailed Summary
🔎 Broker | 🥇 Headway |
📈 Established Year | 2022 |
📉 Regulation and Licenses | FSCA |
📊 Ease of Use Rating | 5/5 |
🎁 Bonuses | $111 Sign-Up Bonus, Cash Booster, Dreamway, Headway Giftshop |
⏰ Support Hours | 24/5 |
📌 Trading Platforms | MetaTrader 4, MetaTrader 5 |
💴 Account Types | Cent, Standard, Pro |
💵 Base Currencies | USD, EUR, IDR, JPY, THB |
📍 Spreads | From 0.0 pips EUR/USD on Pro |
↪️ Leverage | Unlimited according to account balance |
💶 Currency Pairs | 61; major, minor, and exotic pairs |
💷 Minimum Deposit | 1 USD on Cent |
🔊 Website Languages | English, Arabic, French, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese |
💰 Fees and Commissions | Spreads from 0.0 pips; commissions from $3 per lot traded |
🤝 Affiliate Program | ✅Yes |
✖️ Banned Countries | United States and other countries where financial services violate laws or regulations |
📈 Scalping | ✅Yes |
📉 Hedging | ✅Yes |
📊 Trading Instruments | Forex, cryptocurrencies, metals, energies, stocks, indices |
🚀 Open an Account | 👉 Click Here |
Safety and Security
Headway prioritizes client financial and data security by implementing several strict security procedures. Headway is regulated by the Financial Sector Conduct Authority (FSCA) and segregates client funds from business assets to ensure transparent and planned trading operations.
Additionally, Headway supports two-factor authentication (2FA) to add an extra layer of protection, reducing the likelihood of illegal account access.
Account Types and Features
🔎 Account Type | 🥇 Cent | 🥈 Standard | 🥉 Pro |
❤️ Best Suited | Ideal for beginners | Ideal for casual traders | Ideal for professionals, scalpers, etc. |
📈 Markets | 300+ | 300+ | 350+ |
💴 Commissions | None; only the spread is charged | None; only the spread is charged | $1.50 per side / $3 per round lot |
📉 Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 |
📊 Trade Size | 0.01 – 300 lots | 0.01 – 1,000 lots | 0.01 – unlimited lots |
💹 Leverage | 1:1 – 1:unlimited | 1:1 – 1:unlimited | 1:1 – 1:unlimited |
💵 Minimum Deposit | 1 USD | 10 USD | 100 USD |
🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Cent Account
Headway’s Cent Account is ideal for beginner and smaller volume traders, starting with a $1 minimum deposit. With leverage that increases from 1:1 after trading 5 standard lots, the account allows easy balance management in USD.
Furthermore, with tight spreads starting at 0.3 pips, and quick trades in 0.16 seconds, the Cent Account offers a commission-free trading environment and a simple way to get started in the market.
Standard Account
Headway’s Standard Account is perfect for experienced traders who want flexible options. With a $10 deposit, you can access over 300 financial instruments, enjoy reduced spreads at 0.3 pips, and trade micro-lots that start from 0.01.
Once you have traded more than 5 standard lots, you can leverage your positions as needed without any limits. Furthermore, the Standard Account is flexible for casual traders regardless of their trading objectives and strategies.
Pro Account
Headway offers the Pro Account for experienced traders. The Pro Account offers access to over 350 assets and zero-spread trading, making it ideal for scalpers and algorithmic traders.
Additionally, with a $100 investment, traders can expect reliable execution speeds from 0.16, unlimited leverage, unlimited open positions, and competitive trading commissions from $3 per standard lot traded round-turn.
Demo Account
Headway’s Demo Account provides a risk-free platform for testing trading strategies and gaining experience in trading. The Headway demo account mimics live market conditions and reflects the features of the live account that traders want to use.
Furthermore, no limit is indicated on the demo account’s availability, allowing traders to practice for as long as they like.
Islamic Account
Headway offers Islamic accounts for Cent, Standard, and Pro, following Shariah-compliant trading rules. These accounts are swap-free and avoid overnight interest, making them ideal for Muslim traders.
However, a holding charge applies for positions left open for over two days.
How To Open a Headway Account
To register an account with Headway, follow these steps:
- Visit the official Headway website and click on the “Open Account” banner.
- Next, Select an account type.
- Complete the registration form.
- Check for an email for a verification link sent by Headway
- Click to verify.
- After your account has been activated and validated, log in and navigate to the ‘Deposit’ section.
Finally, once your deposit is complete, you can begin trading.
Trading Platforms and Software
MetaTrader 4
MetaTrader 4 is a reliable and versatile trading platform that can be customized to meet the specific needs of Headway. Furthermore, Headway’s tight spreads, starting from 0.0 pips on the Pro account, enhance the platform’s sophisticated algorithmic trading capabilities.
MetaTrader 5
Headway provides a powerful MetaTrader 5 platform that enhances the trading experience by handling various financial instruments like Forex and indices. Furthermore, the platform features analytical tools and an upgraded strategy tester, allowing traders to analyze and apply broker-supported strategies like scalping and hedging.
Trading Instruments and Products
Headway offers the following trading instruments and products:
- ✅ 61 Currency pairs
- ✅ 8 Metals
- ✅ 29 Cryptocurrency assets
- ✅ 3 Energy Commodities
- ✅ 172 stock CFDs
- ✅ 35 Index CFDs
Is there a restriction on the forex currency pairs accessible for trading?
Headway provides access to a range of 61 currency pairs, including major, minor, and exotic.
Educational Resources
Headway’s blog is a valuable educational resource for traders, providing relevant material on market trends, trading tactics, and economic events.
Furthermore, the demo account provides traders with a risk-free environment to apply their skills acquired from the blog and articles.
Pros and Cons
✅ Pros | ❌ Cons |
There are no deposit or withdrawal fees charged | Headway’s customer support is not available 24/7 |
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker | |
🥈 | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker | |
🥉 | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker | |
5 | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker | |
6 | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker | |
7 | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker | |
8 | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker | |
9 | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker | |
10 | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
In Conclusion
According to our in-depth analysis, Headway is a comprehensive forex and CFD broker that offers flexible account types to suit different trading objectives and skill levels.
According to the client agreement, withdrawals are typically processed within 2 days. While Headway offers several withdrawal methods, there is no detailed information on each.
The minimum deposit for Headway is 1 USD on the Cent, 10 USD on the Standard, and 100 USD on the Pro Account.
Yes, Headway is considered safe. Headway has strict AML and KYC policies, Tier-2 regulations, and other safety and risk management features.
I don’t know why I need to comment, but I really enjor this broker. I have withftrawn a bit from 111 promo and have received a voucher in giftshop. So far so good
Thank you for you for your review.