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Headway Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-24 15:42

Abstract:Headway is an ECN/STP Broker specializing in investments, such as forex, indices, energies, stocks, and cryptocurrency. The broker also provides three accounts with unlimited leverage. The minimum spread is from 0.0 pips and the minimum deposit is $1. Headway is still risky due to its suspicious clone status and bad reviews about difficulty withdrawing money.

Headway Review Summary
Founded2022-05-24
Registered Country/RegionSouth Africa
RegulationSuspicious Clone
Market InstrumentsForex/Indices/Energies/Stock/Cryptocurrency
Demo Account/
LeverageUp to 1:Unlimited
SpreadFrom 0.0 pips
Trading PlatformMT4/MT5(iOS/Android)
Min Deposit$1
Customer SupportLive chat/Telegram/Line
Instagram/Facebook/YouTube/LinkedIn/TikTok

Headway Information

  Headway is anECN/STP Broker specializing in investments, such as forex, indices, energies, stocks, and cryptocurrency. The broker also provides three accounts with unlimited leverage. The minimum spread is from 0.0 pips and the minimum deposit is $1. Headway is still risky due to its suspicious clone status and bad reviews about difficulty withdrawing money.

Headway Information

Pros and Cons

Pros Cons
MT4/MT5 availableSuspicious Clone
24/7 customer supportHigh max leverage
Swap freeNegative comments about difficulty in withdrawal
Spread from 0.0 pips
Various tradable instruments

Is Headway Legit?

  Headway regulates FSCA with license number 52108 and License Type Financial Service Corporate. However, the 'suspicious clone' current status is not as safe as the regulated one.

Is Headway Legit?
Is Headway Legit?

What Can I Trade on Headway?

  Headway offers 476+ market instruments, including forex, indices, energies, stock, and cryptocurrency.

Tradable Instruments Supported
Forex✔
Indices✔
Energies✔
Stock✔
Cryptocurrency✔
What Can I Trade on Headway?

Account Type

  Headway has three account types: cent, standard, and pro. Traders who want low spreads can choose a pro account, while those with a small budget can open a cent account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Everyone can also earn money by copying the success of top traders.

Account Type CentStandardPro
Minimum Deposit$1$10$100
SpreadFloating from 0.3Floating from 0.3Floating from 0.0
CommissionNoNoUp to 1.5$ each side per lot
Swap-free+++
LeverageFrom 1:1 to 1:UnlimitedFrom 1:1 to 1:UnlimitedFrom 1:1 to 1:Unlimited
Stop out0%0%0%
Account Type

Headway Fees

  The spread starts from 0.0 pips, the swap is zero, and commission-free. The lower the spread, the faster the liquidity.

Leverage

  The maximum leverage is 1:Unlimited meaning that profits and losses are magnified unlimited times.

Trading Platform

  Headway cooperates with the authoritative MT4 and MT5 trading platform, which is available in iOS and Android. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4✔iOS/AndroidJunior traders
MT5✔iOS/AndroidExperienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

  The first deposit amount must be $1 or above. Headway accepts Mastercard, and Visa for deposit and withdrawal. However, transfer processing times and associated fees are unknown.

Deposit and Withdrawal

Promotions

  Headway claims opening the bonus account will be credited with $111 without initial deposits.

  

Related broker

Suspicious Clone
Headway
Company name:JAROCEL PTY LTD
Score
2.16
Website:https://hw.international/
2-5 years | Suspicious Regulatory License | MT4 Full License | MT5 Full License
Score
2.16

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