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Headway Review

Edited by: Louis Schoeman

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 Year2022
📉 Regulation and LicensesFSCA
📊 Ease of Use Rating5/5
🎁 Bonuses$111 Sign-Up Bonus, Cash Booster, Dreamway, Headway Giftshop
⏰ Support Hours24/5
📌 Trading PlatformsMetaTrader 4, MetaTrader 5
💴 Account TypesCent, Standard, Pro
💵 Base CurrenciesUSD, EUR, IDR, JPY, THB
📍 SpreadsFrom 0.0 pips EUR/USD on Pro
↪️ LeverageUnlimited according to account balance
💶 Currency Pairs61; major, minor, and exotic pairs
💷 Minimum Deposit1 USD on Cent
🔊 Website LanguagesEnglish, Arabic, French, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese
💰 Fees and CommissionsSpreads from 0.0 pips; commissions from $3 per lot traded
🤝 Affiliate Program✅Yes
✖️ Banned CountriesUnited States and other countries where financial services violate laws or regulations
📈 Scalping✅Yes
📉 Hedging✅Yes
📊 Trading InstrumentsForex, cryptocurrencies, metals, energies, stocks, indices
🚀 Open an Account👉 Click Here

 

Headway Review – Analysis of Brokers’ Main Features

 

  1. ☑️ Overview
  2. ☑️ Detailed Summary
  3. ☑️ Safety and Security
  4. ☑️ Account Types and Features
  5. ☑️ How To Open a Headway Account
  6. ☑️ Trading Platforms and Software
  7. ☑️ Fees, Spreads, and, Commissions
  8. ☑️ Leverage and Margin
  9. ☑️ Trading Instruments and Products
  10. ☑️ Deposit and Withdrawal Options
  11. ☑️ Headway Educational Resources
  12. ☑️ Headway Pros and Cons
  13. ☑️ 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.

 

Overview

 

Detailed Summary

 

🔎 Broker🥇 Headway
📈 Established Year2022
📉 Regulation and LicensesFSCA
📊 Ease of Use Rating5/5
🎁 Bonuses$111 Sign-Up Bonus, Cash Booster, Dreamway, Headway Giftshop
⏰ Support Hours24/5
📌 Trading PlatformsMetaTrader 4, MetaTrader 5
💴 Account TypesCent, Standard, Pro
💵 Base CurrenciesUSD, EUR, IDR, JPY, THB
📍 SpreadsFrom 0.0 pips EUR/USD on Pro
↪️ LeverageUnlimited according to account balance
💶 Currency Pairs61; major, minor, and exotic pairs
💷 Minimum Deposit1 USD on Cent
🔊 Website LanguagesEnglish, Arabic, French, Indonesian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese
💰 Fees and CommissionsSpreads from 0.0 pips; commissions from $3 per lot traded
🤝 Affiliate Program✅Yes
✖️ Banned CountriesUnited States and other countries where financial services violate laws or regulations
📈 Scalping✅Yes
📉 Hedging✅Yes
📊 Trading InstrumentsForex, cryptocurrencies, metals, energies, stocks, indices
🚀 Open an Account👉 Click Here

 

Detailed Summary

 

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.

 

Safety and Security

 

Account Types and Features

 

🔎 Account Type🥇 Cent🥈 Standard🥉 Pro
❤️ Best SuitedIdeal for beginnersIdeal for casual tradersIdeal for professionals, scalpers, etc.
📈 Markets300+300+350+
💴 CommissionsNone; only the spread is chargedNone; only the spread is charged$1.50 per side / $3 per round lot
📉 PlatformsMT4, MT5MT4, MT5MT4, MT5
📊 Trade Size0.01 – 300 lots0.01 – 1,000 lots0.01 – unlimited lots
💹 Leverage1:1 – 1:unlimited1:1 – 1:unlimited1:1 – 1:unlimited
💵 Minimum Deposit1 USD10 USD100 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.

 

Account Types

 

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.

 

Account Types

 

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.

 

Account Types

 

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.

 

Account Types

 

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.

 

Account Types

 

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.

 

How to Open and Close an Account

 

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 Platforms

 

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.

 

 

Which Markets Can You Trade with Headway

 

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.

 

Education and Research

 

Pros and Cons

 

✅ Pros❌ Cons
There are no deposit or withdrawal fees chargedHeadway’s customer support is not available 24/7

 

 

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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.

 

Faq

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.

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