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WikiFX
Exceeded
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
Headway
South Africa
|
2-5 years
|
Regulated in South Africa
|
Financial Service Corporate
|
MT4 Full License
|
Regional Brokers
|
Suspicious Overrun
|
High potential risk
https://hw.online/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
Headway-Demo
United Kingdom
28
Influence
A
Influence index NO.1
Uzbekistan 6.50The WikiFX Score of this broker is reduced because of too many complaints!
MT4/5 Identification
MT4/5 Identification
Full License
28
Server Name
Headway-Demo MT4
Server Location United Kingdom
United KingdomInfluence
Influence
A
Influence index NO.1
Uzbekistan 6.50Surpassed 43.20% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+27 10 2402 0603
https://hw.online/
3 Flamingo Crescent, Beacon Bay, East London, 5241, South Africa
https://www.facebook.com/global.headway/
Licenses
Licensed Entity：JAROCEL PTY LTD
License No. 52108
WikiFX Risk Alerts
2025-10-29
- WikiFX has received a total of 85 user complaints against this broker, please be aware of the risks and do not be scammed!
2
Basic Information
Registered Region South Africa
South AfricaOperating Period
2-5 years
Company Name
JAROCEL PTY LTD
Contact Number
+271024020603
Company Website
Company Address
3 Flamingo Crescent, Beacon Bay, East London, 5241, South Africa
251
Account
Related Software
Biz Area
Website
Genealogy
Company Summary
News
Wiki Q&A
Comment
Account
Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$100
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum Position
0.1
Commission
Up to 1.5$ each side per lot
Products
Forex, cryptocurrencies, metals, energies, stocks, indices, FX indices
Updated：
2025-10-29
MT4/5
Full License MT4
Full License MT5
2
MT4 Servers
2
MT5 Servers
199.02
Average execution speed/ms
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
Meta Trader 4
Perfect
Meta Trader 5
Perfect
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headwaybrokers.com77.37.37.123
hw.site104.26.13.138
hw.online104.21.75.147
hw.international104.21.17.50
Genealogy
VIP is not activated.Open Now
Company Summary
| Headway Review Summary | |
| Founded | 2022 |
| Registered Country/Region | South Africa |
| Regulation | No regulation |
| Market Instruments | Forex, indices, stocks, energies, metals, cryptocurrencies |
| Demo Account | ✅ |
| Leverage | 1:1 - 1:unlimited |
| Spread | From 0.3 pips (Standard account) |
| Trading Platform | Headway Trading App, MetaTrader 4, MetaTrader 5 |
| Copy Tradiing | ✅ |
| Minimum Deposit | $1 |
| Customer Support | 24/7 support, email: care@hw.site |
| WhatsApp, Facebook, Messenger | |
Headway Information
Headway is a full-service trading broker. The goal of it is to create a trading environment that is easy to use and open to all traders, from beginners to experts. The broker lets you trade on MetaTrader 4 and MetaTrader 5 platforms. It has more than 476 instruments, such as forex, stocks, indices, energies, metals, and cryptocurrencies. You can open an account for just $1, and spreads can be as low as 0.0 pips for Pro accounts. After meeting certain conditions, you can get unlimited leverage.
Pros and Cons
| Pros | Cons |
| Wide variety of tradable instruments | No regulation |
| Three account types with low minimum deposit | Limited payment options |
| Demo accounts | No direct contact channel |
| Flexible leverage ratios | |
| Supports MetaTrader 4 and 5 | |
| 24/7 multilingual support |
Is Headway Legit?
No. Headway operates as an unregulated entity. Although it's experienced company, but users need to be aware of this risk.
What Can I Trade on Headway?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Account Type
| Account Type | Minimum Deposit | Account Currency | Trading Instruments |
| Cent | $1 | USD | Stocks, indices |
| Standard | $10 | USD, EUR, IDR, JPY, THB, NGN, ZAR, BRL, MYR | Forex, cryptos, metals, energies, stocks, indices |
| Pro | $100 |
Leverage
Headway offers flexible leverage of 1:1 - 1:unlimited (after 5 standard lots) for all account types. Please note that high leverage can amplify not only profits but also losses.
Fees
| Account Type | Spread | Commission | Swap |
| Cent | Floating from 0.3 pips | 0 | Swap-free option |
| Standard | |||
| Pro | Floating from 0.0 | Up to $1.5 per side per lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Headway Trading App | ✔ | Android, iOS | / |
| MetaTrader 4 | ✔ | Windows, Mac, Android, iOS | Beginners |
| MetaTrader 5 | ✔ | Windows, Mac, Android, iOS | Experienced traders |
Deposit and Withdrawal
Headway accepts payments via Mastercard, Visa, and cryptos. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.
Keywords
- 2-5 years
- Regulated in South Africa
- Financial Service Corporate
- MT4 Full License
- MT5 Full License
- Self-developed
- Regional Brokers
- Suspicious Overrun
- High potential risk
News
Exposure Headway Scam Allegations: 18 Complaints Successively Reported
Headway Broker faces mounting allegations of withdrawal manipulation, spread fraud, and account closure tactics despite FSCA regulation.
2025-09-22 16:45
Exposure 5 Reasons Why Traders Are Losing Trust in Headway Broker
Signs that make you afraid of being scammed. As a result, you end your cooperation with any broker that seems suspicious. This is exact reason why traders are keeping their distance from Headway. But what are the major concerns? You should know them. We’ve explained these warning signs in the article below. Keep reading to stay alert and informed.
2025-07-23 18:02
Exposure WikiFX Broker Assessment Series | Headway: Is It Trustworthy?
In this article, we will conduct a comprehensive examination of Headway, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
2024-06-18 16:09
Wiki Q&A
Wahab 
1-2 years
How long does Headway withdrawal processing time?
Headway supports Mastercard and Visa, but withdrawal details regarding processing time and fees were not disclosed.
Broker Issues
Deposit
Withdrawal
07-14
United States
edgeisedge
1-2 years
What is Headway’s maximum leverage?
Leverage ranges from 1:1 to 1:Unlimited for all account types, magnifying both profits and losses. High leverage is suitable for experienced traders with high risk tolerance.
Broker Issues
Instruments
Account
Leverage
Platform
07-11
United States
S jonas
1-2 years
What are the spreads on Headway? High or low?
Spreads are subject to fluctuations due to market dynamics, and their ranges typically remain below industry averages for all account types: For Cent and Standard accounts, floating spreads start from 0.3 pips, and Pro accounts offer floating spreads starting from 0 pips.
Broker Issues
Fees and Spreads
07-09
United States
TJensen
1-2 years
Does Headway charge commissions?
Commission fees depend on your account type: Cent/Standard accounts imposes $0 commission on trades, while Pro accounts charges commission of up to $1.5 per side per lot.
Broker Issues
Fees and Spreads
06-06
United States
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User Reviews 251
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FX4081460751
Indonesia
Unable to open or close positions, in a floating loss state MT5 has no connection even though the network is good, just auto blacklist, lost twice in one night almost 300 dollars.
Exposure
Three days ago
FX1048732663
Nigeria
Headway broker tone to scam broker I have withdrawn my assets over three times but the request is declined I don't know way. headway I want tell you that it's my privilege to withdraw my assets when needed. how was the broker declined the withdrawal request with out telling or showing the reason of decline this is totally unacceptable and also it's absolutely scam
Exposure
10-04
kawu1937
Nigeria
it's absolutely scam look at the full prove of the message showing in pictures below 👇👇 headway increase the leverage on conditionaly with out knowing the user from 1.0 to 1.002 up to 1.100 which is trabaly scam some time unable to trade unable to withdraw
Exposure
09-28
FX2518921045
Nigeria
It's an absolute scam, as the deposit bonus they offer you will disappear in seconds due to the spreads alone, plus you'll find that even if your account is balanced, they can remove your bonus mid-trade and blow up your entire account like they did to me. Other Exposures Original
Exposure
09-27
palhaji sami
Iraq
The deposit bonus you are they offer you will disappear in seconds due to the spreads alone on top of that you will find out that even if you're Account Ballance is fine they can remove your bonus mid trade and blow up your whole account like they did to me. I went from $230
Exposure
09-11
Kamilu sabo
Iraq
It's an absolute scam, as the deposit bonus they offer you will disappear in seconds due to the spreads alone, plus you'll find that even if your account is balanced, they can remove your bonus mid-trade and blow up your entire account like they did to me.
Exposure
09-11
abbanne Abdul
Iraq
The Headway broker stole my profits and told me that I misused the negative balance process when I did not incur any losses on the account. Everyone should stay away from the fraudulent broker who stole my profit of $1268.
Exposure
09-09
Muhd Zubair
Iraq
| لا أفهم هذا الهراء في كل مرة أقوم فيها بسحب الأموال من وساطتك، يتم رفضها دائمًا، كانت خدمة العملاء لديك تخبر بعض المتفائلين أنه يجب علي استخدام نفس الحساب الذي استخدمته للإيداع والسحب وهذا ما فعلته هراء
Exposure
09-09
sani kamal
Iraq
وسيط Headway هو في الواقع عملية احتيال. يتلاعبون بالصفقات، ويمنعون عمليات السحب، ويغلقون الحسابات دون أي دليل ملموس على متى تم تحقيق أرباح ضخمة. يرجى التحقق أولاً قبل استخدامهم، إما أن يكون ترخيصهم مستنسخًا أو مزيفًا
Exposure
09-09
Musa murima
Saudi Arabia
Signed up for a reduced price trial for three months and forgot to cancel. They charged me almost $100 for another three months subscription with zero communication until afterwards, and refuse to give me a refund. The App itself might be ok, but customer Not a good experience! The overall process with pay is not great and cannot be equally.
Exposure
09-08