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About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

HEADWAY

South Africa South Africa | 2-5 years |
Regulated in South Africa | Derivatives Trading License (EP) | MT4 Full License | Regional Brokers | High Potential Risk

https://hw.site/

Website

Rating Index

Regulation 4.82 Tech 8.31 Reputation 7.84 Business 7.57 Risk Control 0.00
1.48

MT4/5 Verification

MT4/5

Full License

Headway-Demo

United Kingdom
United Kingdom
MT4
33

Influence

A

Influence Index NO.1

Indonesia Indonesia 5.97
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

MT4/5 Verification

MT4/5 Verification

Full License

33
Server Name
Headway-DemoMT4
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

A

Influence Index NO.1

Indonesia Indonesia 5.97
Surpassed 14.80% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 10 2402 0603
https://hw.site/
3 Flamingo Crescent, Beacon Bay, East London, 5241, South Africa
Warning: Low score, please stay away!
  • The WikiFX cloud system has detected an excessive number of complaints against this broker, leading to its placement on the WikiFX Complaint Blacklist. Please be aware of the high risk.
2

Basic Information

Registered Region
South Africa South Africa
Operating Period
2-5 years
Company Name
JAROCEL PTY LTD
Email
care@hw.site
Contact Number
+271024020603
Company Website
FX1386400961

FX1386400961

Verified

Yemen

Hello, my account has been liquidated at Hidway Trading Company at the same moment, and my positions that I had taken a day before the liquidation were closed, where the buy 4303 and sell 4353 were closed due to a spread of $51, and it took all the capital

FX1558010019

FX1558010019

Verified

Indonesia

I deposited 1 million in Headway. When I wanted to withdraw, initially I could withdraw 3 times, and after the 4th withdrawal failed, I tried 3 more times and also failed. I was asked to send bank statement. After I sent it, their response became slow and it was still rejected. Headway is not registered with BAPPEBTI, only has an SVG license which is not an official regulator. I suspect this is a stalling tactic to not pay customer funds. It's not about the amount of money, but if they are dishonest, who will trust them? damn

MAYURI BAYU PRATAMA

MAYURI BAYU PRATAMA

Authenticated
Verified

Malaysia

rejected, repeatedly tried to withdraw but rejected... contacted customer service via DM but also repeatedly not responded... and what's even weirder, suddenly the balance that was previously rejected suddenly became 0, all 0,... Broker is totally unfit to exist in this world!!!!! the bonus is just a tool to brainwash the users of this Broker, even though it's all just fictitious and meaningless!!!

rpix

rpix

Unverified

Malaysia

headway offer super aggressive leverage options. If you know how to manage risk, it lets you hold bigger positions with tiny margins. Depending on where you live, they support local bank transfers, e-wallets, and crypto deposits/withdrawals Small deposits usually go smoothly, but trying to cash out profits often report long processing delays (5 to 12+ hours). promote "No-Deposit Bonuses", However, the fine print requires massive lot turnover before you can withdraw bonus profits. Many traders feel "trapped" after learning they can't pull their money out until fulfilling strict conditions

Neutral

FX2871491428

FX2871491428

Unverified

United Kingdom

Headway (Jarocel Pty Ltd, FSCA License 52108) has permanently blocked my account (1*****) and confiscated more than $3,200 USD of my legitimate trading profits on XAU/USD. This broker eagerly accepted $10,000 USD in cumulative losses across my first two accounts without any issues. The exact moment I made a profit on my third account, they locked my access and retroactively cancelled my profits under a fake compliance excuse. Avoid Headway, they only let you lose!”

Che Ku Asbullah Che Ku Ahmad

Che Ku Asbullah Che Ku Ahmad

Unverified

Malaysia

Reject my withdrawal

FX1048732663

FX1048732663

Verified

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

MIFTAH PG

MIFTAH PG

Unverified

Indonesia

After making a profit, tried to withdraw but failed, and then the balance suddenly became 0.

184
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MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
2
MT4 Servers
2
MT5 Servers
196.89
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Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect
Trading Apps
All 2
iOS 1
Android 1
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Headway Broker
Your app to trade 470+ assets and manage funds in your local currency.
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257,821
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Headway Trading App
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7,467
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Official Website

Verified Site
模块说明(前端未翻译)

  • United Kingdom headwaybrokers.com
    77.37.37.123
  • United States hw.site
    104.26.13.138
  • United States hw.online
    104.21.75.147
  • United States hw.international
    104.21.17.50

Relationship Map

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HEADWAY
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模块说明(前端未翻译)
Unverified
HEADWAY Rebate Service

HEADWAY Rebate Service

1.66
Score
2-5 yearsQuestionable Regulatory LicenseSuspicious Operational RegionHigh Potential Risk

Company Profile

Company Profile

Review summary

Headway Review Summary
Founded2022
Registered Country/RegionSouth Africa
RegulationNo regulation
Market InstrumentsForex, indices, stocks, energies, metals, cryptocurrencies
Demo Account
Leverage1:1 - 1:unlimited
SpreadFrom 0.3 pips (Standard account)
Trading PlatformHeadway Trading App, MetaTrader 4, MetaTrader 5
Copy Tradiing
Minimum Deposit$1
Customer Support24/7 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.

Headway's homepage

Pros and Cons

ProsCons
Wide variety of tradable instrumentsNo regulation
Three account types with low minimum depositLimited payment options
Demo accountsNo 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 InstrumentsSupported
Forex
Cryptocurrencies
Metals
Energies
Stocks
Indices
Bonds
Options
ETFs
Mutual Funds

Account Type

Account TypeMinimum DepositAccount CurrencyTrading Instruments
Cent$1USDStocks, indices
Standard$10USD, EUR, IDR, JPY, THB, NGN, ZAR, BRL, MYRForex, cryptos, metals, energies, stocks, indices
Pro$100
Account comparison

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 TypeSpreadCommissionSwap
CentFloating from 0.3 pips0Swap-free option
Standard
ProFloating from 0.0Up to $1.5 per side per lot

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
Headway Trading AppAndroid, iOS/
MetaTrader 4Windows, Mac, Android, iOSBeginners
MetaTrader 5Windows, Mac, Android, iOSExperienced traders
Headway Trading App
MT4 and MT5 platforms

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.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Regulated in South Africa
  • Derivatives Trading License (EP)
  • MT4 Full License
  • MT5 Full License
  • Self-developed
  • Regional Brokers
  • High Potential Risk

News

HEADWAY Review 2026: Regulated but Full of Complaints?

Exposure HEADWAY Review 2026: Regulated but Full of Complaints?

This comprehensive HEADWAY review provides an in depth look at the regulatory standing, WikiScore rating, account conditions, and user feedback for the HEADWAY broker based on data available on WikiFX.

HEADWAY Review: Broker Complaints Point to Withdrawals, Zeroed Balances, and Login Blocks

Exposure HEADWAY Review: Broker Complaints Point to Withdrawals, Zeroed Balances, and Login Blocks

HEADWAY carries an active South Africa FSCA record, but WikiFX has received 87 complaints in the past 3 months, including a 2026 report that a profit withdrawal failed before the balance suddenly became zero. Treat this broker as high-risk until withdrawal, execution, and account-access complaints are independently resolved.

HEADWAY Review 2026: Severe Complaints, Withdrawals, and Risk Signals

Exposure HEADWAY Review 2026: Severe Complaints, Withdrawals, and Risk Signals

HEADWAY holds regulation from South Africa's FSCA, but an alarming volume of trader complaints regarding blocked withdrawals and manipulated platforms indicates a severe risk level. Indian traders should exercise extreme caution before opening an account or depositing funds.

HEADWAY Review 2026: Is This Forex Broker Safe?

Exposure HEADWAY Review 2026: Is This Forex Broker Safe?

HEADWAY is a South Africa-regulated forex broker with a WikiFX Score of 4.42. It offers MT4/MT5, a proprietary mobile app, three account types, low stated entry thresholds, and high leverage, but WikiFX records a large volume of user complaints involving withdrawals, slippage, platform freezes, account access, and bonus-related disputes. Overall, the broker shows regulated status under the South Africa FSCA, yet the complaint density and low WikiFX score indicate that traders should approach with caution.

Headway Review 2026: Examining the Latest Withdrawal, Slippage and Spread Complaints

Exposure Headway Review 2026: Examining the Latest Withdrawal, Slippage and Spread Complaints

Did your profits disappear just as you tried to withdraw funds from your Headway account? Have you been manipulated in the name of a forex bonus challenge by receiving a negligible sum compared to what was promised? Did you face capital losses due to abnormal spreads and slippages? Your issues resonate with others who have complained about the broker online. In this Headway review article, we have investigated these complaints while providing our firm view on the broker’s regulatory oversight.

 Review 2026: HEADWAY Complaints, FSCA Regulation, and Withdrawal Risk

Exposure Review 2026: HEADWAY Complaints, FSCA Regulation, and Withdrawal Risk

HEADWAY has an FSCA regulation record in South Africa, but its WikiFX score of 4.42 and heavy volume of recent exposure cases point to a high-risk profile. The main concerns in the available data are repeated withdrawal complaints, balance deductions after profit, slippage, spread widening, platform freezes, and account-access issues.

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Wiki Q&A

Is HEADWAY safe and reliable?

According to WikiFX data, HEADWAY has a core score of 1.48 out of 10. The broker holds a regulated license from the FSCA (South Africa), but its regulatory status is noted as 'Frequent Complaint' and the risk control index is 0.0. While the FSCA license provides a degree of oversight, the low overall score and complaint indicators suggest caution. Safety and reliability depend on factors such as the specific legal entity, client jurisdiction, and product used, and no broker can be guaranteed risk-free.

In a week
United States

Is HEADWAY regulated?

Yes, HEADWAY is regulated. It holds a Derivatives Trading License (EP) from the Financial Sector Conduct Authority (FSCA) in South Africa under license number 52108. The license is held by JAROCEL (PTY) LTD, the full entity behind the HEADWAY brand.

In a week
United States

What is the minimum deposit of HEADWAY?

The minimum deposit varies by account type: the Cent account requires a minimum deposit of $1, the Standard account requires $10, and the Pro account requires $100.

In a week
United States

Does HEADWAY support MT4 or MT5?

Yes, HEADWAY supports both MT4 and MT5. WikiFX verification indicates the broker holds full licenses for both platforms.

In a week
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com