Headway
Abstract： 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 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.
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