Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators

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 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
MT4
20

Influence

B

Influence index NO.1

South Africa 5.01
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

20
Server Name
Headway-Demo MT4
Server Location United Kingdom

Influence

Influence

B

Influence index NO.1

South Africa 5.01
Surpassed 42.80% 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
2025-08-01
  • The number of the complaints received by WikiFX have reached 17 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic Information

Registered Region
South Africa
Operating 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

FX2439887311

Verified

Indonesia

This platform has common high-risk characteristics, namely "regulatory arbitrage + withdrawal blocking". It is recommended to immediately stop deposits and prioritize resolution of the FCA Fraud Warning List. Deposit with caution. Customer service responds that it is a normal process, but in reality funds are being withheld.

Exposure

Three days ago

FX4194063475

Verified

Indonesia

Ada serangkaian kejanggalan di akun trading Headway. Saya mulai menggunakan robot trading pada bulan Januari dan tidak mengalami kerugian apa pun. Namun, pada bulan Juli, saya tiba-tiba tidak bisa menarik dana, dan saya harus membayar biaya arbitrase sebesar $3500 sebelum keluhan saya diterima. Akun ini tidak dapat dipercaya! Ada risiko besar terhadap keamanan dana.

Exposure

Three days ago

FX1833326538

Verified

Indonesia

Saya sudah menggunakan Headway dan hasilnya cukup bagus, tetapi spread tiba-tiba melebar dan saya kehilangan $76. Baru-baru ini, terjadi penundaan penarikan secara sistemik. Layanan pelanggan menjawab bahwa mereka membekukan dana karena "peninjauan pengendalian risiko". Saya memeriksa dan menemukan bahwa "pengawasan FCA Inggris" yang diiklankan di situs web resmi sebenarnya adalah nomor registrasi entitas lepas pantai, yang hanya mengizinkan layanan keuangan dasar dan tidak berhak menangani dana nasabah!!!

Exposure

Three days ago

FX2568014231

Verified

Malaysia

I like this broker the most for its fast order execution, competitive spreads, and high transparency. Integration with platforms like MetaTrader is seamless, making it ideal for algorithmic trading.

Positive

Two days ago

FX2321833993

Verified

Malaysia

I have been using this broker for a long time. I have earned $300 from the novice period. The spread strategy is also very good and I will continue to use it.

Neutral

Two days ago

FX1648017931

Verified

Malaysia

The Headway platform offers low pricing, good execution speed, flexible payments, and relatively quick withdrawals. However, the website can sometimes be buggy, and the AI chat feature isn't fully optimized yet.

Positive

Two days ago

FX9032651702

Verified

Malaysia

User Experience: The escalation mechanism allows for efficient transfer or escalation of complex issues to a more professional team. Multilingual support is available, with English and other major languages generally available. Weaknesses: The platform sometimes experiences unexpected slippage, which needs improvement, and the bonus mechanism is unclear, making it easy to misunderstand.

Neutral

Two days ago

FX1878184412

Verified

Malaysia

Headway is a good broker with a transparent trading environment. With competitive spreads, fast order execution, and a highly intuitive platform, it's a great choice for beginners.

Positive

Two days ago

FX3065020132

Verified

Malaysia

The channel is convenient, with support primarily provided through in-app chat, allowing users to contact you at any time.

Positive

Two days ago

FX3416472312

Unverified

Malaysia

The channel is convenient, mainly through the in-app chat to provide support, which is convenient for users to contact at any time. However, I suddenly lost my trading account and waited a day for it to be resolved. I hope to speed up the resolution of the problem.

Neutral

Two days ago

FX4232498003

Verified

Malaysia

My broker recommended this platform. It offers personalized service and targeted assistance tailored to the specific circumstances of your account. So far, I've had no issues using it, which is great.

Positive

Two days ago

FX4878874202

Verified

Malaysia

I'm really impressed with Headway's commitment to customer satisfaction! The $111 no-deposit bonus for new users is a generous offer, and there's no pressure to get started. They not only answer questions but also provide helpful solutions and next steps. Excellent!

Positive

Two days ago

FX9905845322

Verified

Malaysia

Great Forex broker! Friendly and patient, polite and helpful, providing a positive user experience, very low spreads and very fast and friendly customer service!

Positive

Two days ago

FX3002341164

Verified

Malaysia

Suddenly, a transaction occurred, but when I opened it, the account was gone. I was horrified. I immediately contacted customer service, and they responded quickly, resolving the issue within 20 minutes. However, this kind of system failure still needs improvement.

Positive

Two days ago

FX3754475353

Verified

Malaysia

My biggest concern was fund security, but after two months of using Headway, I feel they are trustworthy in the forex market. They also offer professional and efficient assistance with any questions I may have. They're familiar with the platform and its content, answering questions quickly and accurately. They also provide trading signals. Their friendly and approachable attitude is truly wonderful.

Positive

Two days ago

FX7518467322

Verified

Malaysia

The personalized recommendation feature is great, and it recommends relevant summary content based on your interests and learning goals. They also have very fast customer service, fast withdrawals, and a very professional platform.

Positive

Two days ago

FX2695526090

Verified

Malaysia

I'm very pleased with Headway's customer-centric approach and hope the brokerage firm can offer more bonus programs. I've already recommended them to a friend.

Neutral

Two days ago

FX3327157987

Verified

Malaysia

I was very upset about the sudden spread widening, but after contacting customer service, the support team responded to my email quickly and politely. Unlike other brokers, they ignored me. As a customer here, I felt respected.

Positive

Two days ago

FX3306967722

Verified

Malaysia

After completing the task, the bonus arrived in time. I didn't believe it at first, after all, I have been cheated many times. The mobile app is also very convenient. However, I hope that profitable transactions will improve the quality.

Neutral

Two days ago

FX2681142782

Verified

Malaysia

Wow! I love this broker. So much information and so convenient. The trading platform is impressive and professional, and they quickly addressed my inquiries.

Positive

Two days ago

FX1891968038

Verified

Malaysia

It is very user-friendly, time-saving and efficient. Headway Trading provides reliable services and profitable transactions. It provides concise summaries of books and articles, allowing you to grasp the core knowledge within 15-20 minutes, greatly saving the time of reading the entire book.

Positive

Two days ago

FX2576089929

Verified

Malaysia

A trustworthy broker who recommended trading strategies and tools that suit me. The risk hedging is very real and the fund security level is low. It is recommended to use it for trial trading with a small amount. Good spreads and fast customer support service.

Neutral

Two days ago

FX3152609630

Verified

Malaysia

So far, this broker Headway has been excellent, with fast deposits and withdrawals, and it is a regulated broker.

Positive

Two days ago

128
Account
Related Software
Biz Area
Website
Genealogy
Company Summary
News
Wiki Q&A
Comment
Related Software
Full License MT4
Full License MT5
2
MT4 Servers
2
MT5 Servers
208.52
velocityIcon
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

Users who viewed Headway also viewed..

AvaTrade

9.50
Score
15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
AvaTrade
AvaTrade
Score
9.50
15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website

Vantage

8.66
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Vantage
Vantage
Score
8.66
10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website

CPT Markets

8.62
Score
10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.62
10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website

GTCFX

8.84
Score
15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
GTCFX
GTCFX
Score
8.84
15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website

Website

headwaybrokers.com
77.37.37.123
hw.site
104.26.13.138
hw.online
104.21.75.147
hw.international
104.21.17.50

Company 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

Keywords

  • 2-5 years
  • Regulated in South Africa
  • Financial Service Corporate
  • MT4 Full License
  • MT5 Full License
  • Regional Brokers
  • Suspicious Overrun
  • High potential risk

User Reviews 128

All (128) Positive (62) Neutral (48) Exposure (18)
Scroll down to view more
Write a review
Exposure
Neutral
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
128
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
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:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com