Headway

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.

Pros and Cons

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.

What Can I Trade on Headway?

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

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.

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.

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.

Promotions

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