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Headway is a forex broker located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
Headway accepts clients from all over the world, excluding USA and most countries blacklisted by the FATF.
Forex broker offers the following underlying assets for trading.
| 40+ Currency Pairs | Based on major and minor world currencies. |
| 22 Crypto Pairs | Based on Cardano, BAT, Bitcoin Cash, BNB, Bitcoin, Polkadot, Enjin, Ethereum, Filecoin, Litecoin, SNX, Solana, Uniswap, Tezos. |
| 35 Indice CFDs | Based on baskets of different blue-chip stocks and US Dollar Index. |
| 8 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 300+ Stock CFDs | Based on shares of US, UK and EU companies. |
Headway is a forex broker based in South Africa where it is regulated by the country's Financial Sector Conduct Authority (FSCA). Like many other South African forex brokers, Headway offers very high trading leverage, and welcomes traders from nearly all countries in the world.
One thing about Headway that makes it stand out from other brokers we have reviewed here on FX-List is a tokenized real estate investment service known as NOVA. This service allows anyone to invest in real estate and thus profit from the appreciation of the property by just buying a fraction of it in the form of digital tokens. In this way, Headway has opened up real estate investing to a much larger group of people, since there is no need to buy an entire property anymore.
In terms of the traditional forex trading offering, Headway is also an interesting broker with more than 40 forex pairs, some 300 single stocks listed in the UK, US, and Europe, around 20 crypto pairs, as well as stock indices and commodities available for trading. This means that there is something for all types of traders, whether they are seeking aggressive returns on crypto or prefer to ride the slower trends that tend to form in global stock indices.
All of the assets offered by Headway are traded on either MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are the only two trading platforms supported by this broker. As usual, the MT4 and 5 platforms are also available as a mobile app, although Headway in a bit of a confusing way refers to this as the “Headway Trading App.”
In addition to regular forex and CFD trading, Headway also supports copy trading, and has a separate section of its website dedicated to this. On the copy trading pages, traders can see a full “Investor Board” that shows the performance of traders that are sharing their trades with others. The board also shows the fees these traders charge for allowing someone to copy them, as well as the number of copy traders each trader has.
Traders that are considering signing up with Headway can choose between three types of trading accounts as follows:
– Cent account, with a minimum deposit of $1, spreads from 0.3 pips and no commissions
– Standard account, with a minimum deposit of $10, spreads from 0.3 pips and no commissions
– Pro account, with a minimum deposit of $100, spreads from 0 pips and commissions up to $1.5 per side per lot
The Standard and Pro accounts can be denominated in USD, EUR, IDR, JPY and THB, while the Cent account can only be denominated in USD.
Trading accounts with Headway can be funded via bank transfer, several local and regional money transfer services, credit & debit cards, and the cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). The broker does not charge any fees for processing deposits or withdrawals, which of course is something we appreciate.
For any customer support needs, Headway can be reached through live chat, the messaging apps Line, Telegram, Messenger and WhatsApp. Unfortunately, the broker has not shared any phone number, and there is also no information about the support team's working hours. We can therefore assume that support is only available during regular working hours in South Africa, where the broker is located.
All in all, we consider Headway an interesting broker to look at for traders who want high leverage across a large range of asset classes. It's also a benefit that the broker supports both MT4 and MT5, making the transition to this broker for another easy for most traders.
