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
Founded	2022-05-24
Registered Country/Region	South Africa
Regulation	Suspicious Clone
Market Instruments	Forex/Indices/Energies/Stock/Cryptocurrency
Demo Account	/
Leverage	Up to 1:Unlimited
Spread	From 0.0 pips
Trading Platform	MT4/MT5(iOS/Android)
Min Deposit	$1
Customer Support	Live chat/Telegram/Line
Customer Support	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.

Pros and Cons

Pros	Cons
MT4/MT5 available	Suspicious Clone
24/7 customer support	High max leverage
Swap free	Negative 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.

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	✔

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	Cent	Standard	Pro
Minimum Deposit	$1	$10	$100
Spread	Floating from 0.3	Floating from 0.3	Floating from 0.0
Commission	No	No	Up to 1.5$ each side per lot
Swap-free	+	+	+
Leverage	From 1:1 to 1:Unlimited	From 1:1 to 1:Unlimited	From 1:1 to 1:Unlimited
Stop out	0%	0%	0%

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 Platform	Supported	Available Devices	Suitable for
MT4	✔	iOS/Android	Junior traders
MT5	✔	iOS/Android	Experienced traders

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.