Score
Headway
https://hw.online/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
Headway-Demo
Influence
A
Influence index NO.1
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
A
Influence index NO.1
Contact
Licensed Entity:JAROCEL PTY LTD
License No. 52108
- WikiFX has received a total of 85 user complaints against this broker, please be aware of the risks and do not be scammed!
Account
- Environment--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit$100
- Minimum Spreadfrom 0.0
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.1
- CommissionUp to 1.5$ each side per lot
- ProductsForex, cryptocurrencies, metals, energies, stocks, indices, FX indices
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
headwaybrokers.com
77.37.37.123hw.site
104.26.13.138hw.online
104.21.75.147hw.international
104.21.17.50
Genealogy
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.

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.

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.
Wiki Q&A
How long does Headway withdrawal processing time?
Headway supports Mastercard and Visa, but withdrawal details regarding processing time and fees were not disclosed.
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.
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.
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.
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
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
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
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
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
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
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
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
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
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
Sani salim
Saudi Arabia
I've been plagued by both slippage and margin calls, sinking into despair. Slippage haunts every trade like a ghost. In one GBP/JPY trade, the market was stable, but my order slipped by over 30 pips.
Exposure
Etsu mana
Saudi Arabia
After earning a profit today, they withdrew all my funds, including my initial capital. They falsely claimed I had five accounts, which is untrue. I spent over three hours communicating with them.
Exposure
Dan Makama
Saudi Arabia
I wish they resolve the issue, but they refused to refund my money. They stated my account was in the negative, which is false, and proceeded to drain my account to zero. I feel deeply upset by this. The representatives were rude, unhelpful.
Exposure
Kamal Sani ba
Saudi Arabia
They're making an excuse to steal my funds saying My account has crossing with Samantha gross using their bot which is not accurate because I don't even know that person And I don't know what he has to do with my funds missing on my trading account
Exposure
RealOne1021
Singapore
Headway is the most fraud broker I ever seen. Last night the rhe server had a technical problem and they closed all my open positions,and today they are telling me that all issues had been addressed and resolved,which is really not true!
Exposure
FX4205959506
Malaysia
I chose this crappy platform, Headway, and fell for their "data-based" claims. Now, withdrawing my money is incredibly difficult. The Malaysian team running it are a bunch of scoundrels! Last month, I saw some gains in my account and thought I'd withdraw my principal first. But after submitting a withdrawal request, I started waiting endlessly. Customer service initially said it would arrive in 3-5 business days, but after a week, nothing happened. I contacted them, and the Malaysian customer service staff started arguing, saying my withdrawal request had "data anomalies" and required additional information. I submitted the requested information again and again, but they still refused. It's clear they don't want me to withdraw! Now, not only can I not withdraw my money, I can't even log in! Is this what they call "data-based"? They're just using fake data to scam users out of their money!
Exposure
FX3356244193
Thailand
Headway You, a lousy platform, has taken all the money I earned from cooking in Thailand. Last Friday morning at 08.30, I was staring at the XAU/THB (gold to Thai baht) market. The night before, I stayed up late analyzing K-Line data for almost 10 days and managed to build a position of over 3 lots at 26,500. After clicking to confirm, the platform showed a blank white screen—my mouse clicks didn’t respond at all! I was drenched in sweat. I quickly restarted my phone, switched to my tablet, and logged in again, wasting 18 minutes just to get back in. By then, the price had surged to 26,780. I could have made a profit of 252,000 baht, but now, not only did I miss the opportunity, but due to the delayed execution, the follow-up position I added also resulted in another 98,000 baht loss. I complained to customer service, but the guy there was like a robot, just saying, 'There was excessive system traffic at that time—it’s normal fluctuation.' Normal fluctuation? My friend traded on another platform at the same time—why didn’t they have any issues? This month, I lost nearly 400,000 baht just because of Headway’s failed order execution! Headway, you deliberately caused delays and want us retail investors to lose money.
Exposure
FX3295060534
Malaysia
It's a scam. The bonus is tied to your principal, and unlocking it requires trading 3,800 lots. I was attracted by Headway's "Deposit RM50,000, get RM25,000" promotion and received the bonus after depositing. However, when I applied to withdraw my RM15,000 profit in February, I was told I needed to complete "200x trading volume" to unlock it. Based on my trading habit of 0.1 lots per trade, I would need to trade (50,000 + 25,000) × 200 ÷ 100,000 = 150 lots. The actual platform requires a 300x "bonus + principal" ratio, meaning I would need to trade 75,000 × 300 ÷ 100,000 = 225 lots. Based on the average Malaysian trading volume of 5 lots per day, this would take two years to complete. I requested to withdraw my principal and gave up my bonus, but was charged a 50% penalty (RM25,000). Ultimately, I was only able to withdraw RM25,000, a 50% loss on my principal. This should serve as a warning to everyone: don't use this unscrupulous platform. It's not trustworthy.
Exposure
FX7186156320
Indonesia
Spread manipulation and slippage traps devour principal. On the night of the Federal Reserve's interest rate decision in June 2025, I encountered malicious manipulation when trading USD/MYR on Headway. The platform advertised "ECN account spreads as low as 0.5 points," but when I opened a position, the EUR/USD spread suddenly soared from the normal 1.8 points to 15 points, and my 100,000 ringgit principal was instantly deducted from RM4,500 in fees. Even worse, when GBP/JPY hit my set take-profit point of 182.30, the platform showed slippage to 180.90, forcing a forced liquidation. The original RM8,200 profit turned into a loss of RM6,700. Headway's license does not cover Malaysian customers, which is an unauthorized operation. It's fake, stay away from this platform.
Exposure
hembadon
India
I requested withdrawal with was the exact one I used for a previous deposit. I headed straight to Local bank withdrawal only to see a comment attached that local bank transfer could take up to 7 business days. What sought of nonsense is that? If there should be any faster method outside of e-wallet it should be local bank transfer. This is making me doubt their sincerity as a broker
Exposure