Tier 3 - Basic

Headway Review 2026

3.8/5 (50 reviews)

Established in 2021 • Mauritius • FSC Regulated

Headway offers forex and CFD trading services with a 3.8/5 rating. Regulated by FSC, this broker offers spreads from 0.4 pips on EUR/USD with a minimum deposit of $0. Trade 150+ instruments including forex, CFDs, and more.

✍️ Written By: BrokerMat Research Team
✓ Fact-Checked: February 2026
📊 Data Points: 950+ analyzed
📋 Methodology: How We Rate Brokers

📊 Headway Overview

Headway is a well-established broker founded in 2021 headquartered in Mauritius. The broker operates under the supervision of FSC .

With access to 150+ tradable instruments including 60 forex pairs , Headway caters to diverse trading strategies. The broker uses STP execution .

Headway Company Information
Legal Name Headway
Founded 2021
Headquarters Mauritius
Primary Regulation FSC (Tier 3 - Basic)
Instruments 150+ assets
Min Deposit $0
Max Leverage 1:2000


📖 Headway — In-Depth Introduction

Since launching in 2021, Headway has established itself as a competitive option for forex traders. While Headway is regulated by FSC, this offshore jurisdiction offers more limited investor protections compared to tier-1 regulators like the FCA or ASIC. Headway positions itself as a premium choice for cost-conscious traders, with EUR/USD spreads averaging just 0.4 pips—significantly below the industry average of 1.0 pip.

Company Background

Headway has been operating in the financial services industry for 5 years. Headquartered in Mauritius, the broker continues to build its reputation in the competitive online trading space.

The broker provides access to 150+ tradable instruments.

💸 Headway Fees — Complete Cost Analysis

Headway's fee structure is designed for high-volume traders who understand that every pip counts. The 0.4 pip average spread on EUR/USD translates to real savings over hundreds of trades. Headway operates on a spread-only model with no commission charges on standard accounts. This simplifies cost calculation—what you see in the spread is what you pay. Consider this cost analysis: with 0.4 pip spreads, each standard lot trade on EUR/USD costs $4 in spread. An average retail trader making 50 trades monthly would spend approximately $200 on spreads.

Trading Costs Breakdown

💡 Cost Calculator: Headway

EUR/USD Spread 0.4 pips
Cost per Standard Lot $4.0
Commission $0
Total Cost per Lot $4.0

Non-Trading Fees

Fee Type Headway Industry Average
Deposit Fee Free Free - $25
Withdrawal Fee Varies by method $0 - $50
Inactivity Fee None $10-50/month

Want to compare fees with other brokers?

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🛡️ Is Headway Safe? — Complete Security Analysis

Headway's Trust Score of 62/100 suggests moderate safety levels. While basic protections exist, traders should carefully consider their risk tolerance. Headway's offshore regulatory status means fund protections may not include investor compensation schemes available in major jurisdictions.

Regulatory Framework

⚠️
Offshore/Tier-3 Regulation

Limited investor protection. Exercise caution and only invest what you can afford to lose.

Security Features Checklist

Segregated Client Funds
Negative Balance Protection
Investor Compensation Scheme

Understanding the Trust Score

Our 62/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.

📋 Methodology

👤 Who Should Use Headway?

✅ Best For

  • Beginners will appreciate Headway's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
  • Scalpers and high-frequency traders should consider Headway for its 0.4 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
  • Muslim traders can benefit from Headway's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
  • Headway's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.

❌ May Not Suit

  • Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.

Looking for alternatives?

📝 The Bottom Line on Headway

3.8/5

Headway is a decent option worth considering with a 3.8/5 rating.

🚀 Open Account Your capital is at risk. CFDs are complex instruments.

📈 Headway Detailed Scores

Our expert team evaluates brokers across 8 key categories. Here's how Headway performed in our rigorous testing:

🛡️ Regulation & Safety
0.0/5
💰 Fees & Costs
0.0/5
🖥️ Platforms & Tools
0.0/5
🎧 Customer Support
0.0/5
📚 Education
0.0/5
📊 Research & Analysis
0.0/5
Overall Score
3.8/5
Average

Headway is a decent choice but has areas that could be improved.

💰 Headway Fees & Spreads

Understanding trading costs is crucial for profitability. Headway uses a variable spread model with no commission on standard accounts. The average EUR/USD spread is 0.4 pips — one of the lowest in the industry.

📊 Typical Spreads

PairMinAverage
EUR/USD 0.4 0.4 pips
GBP/USD0.81.2 pips
USD/JPY0.61.0 pips
XAU/USD1525 cents

💳 Other Fees

Commission (ECN) No commission
Deposit Fee Free
Withdrawal Fee Free (method dependent)
Inactivity Fee None
Swap-Free (Islamic) ✓ Available

💡 Trading Cost Example

Trading 1 standard lot (100,000 units) of EUR/USD with Headway:

  • Spread Cost: 0.4 pips × $10/pip = $4.0
  • Commission: $0
  • Total Cost: $4.0 per lot

🛡️ Headway Regulation & Safety

Headway is regulated by FSC, a Tier 3 - Basic regulatory authority. While regulated, traders should be aware that offshore regulation may offer less protection than tier-1 jurisdictions.

📜 Regulatory Licenses

🔒 Safety Features

  • Segregated Client Funds
  • Negative Balance Protection
  • Investor Compensation
  • Publicly Traded

🎯 Trust Score: 62/100

Moderate Trust: Headway meets industry standards for safety and regulation.

🖥️ Headway Trading Platforms

Headway offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.

📈

MetaTrader 4

The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.

  • ✓ Expert Advisors (EAs)
  • ✓ Custom Indicators
  • ✓ One-Click Trading
  • ✓ Mobile & Desktop
Available
📊

MetaTrader 5

Advanced multi-asset platform with more timeframes, order types, and improved backtesting.

  • ✓ 21 Timeframes
  • ✓ Depth of Market
  • ✓ Economic Calendar
  • ✓ Multi-Asset Support
Available

📋 Platform Comparison

Feature MT4 MT5 cTrader
Available
Copy Trading
Algo Trading
VPS Available Not offered
API Access Not available

🌐 Headway Tradable Instruments

Headway offers access to 150+ tradable instruments across multiple asset classes. This includes 60 forex pairs .

💱 60+ Forex Pairs
10+ Crypto
📈 100+ Stocks
📊 15+ Indices
🛢️ 10+ Commodities

👤 Headway Account Types

Headway offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.

💳 Headway Deposits & Withdrawals

Headway requires a minimum deposit of $0 — one of the most accessible in the industry.

📥 Deposit Methods

  • 💳Credit/Debit Cards
  • 🏦Bank Wire Transfer
  • 📱E-Wallets (Skrill, Neteller)

📤 Withdrawal Methods

  • 💳Credit/Debit Cards
  • 🏦Bank Wire Transfer
  • 📱E-Wallets

⚖️ Headway Pros & Cons

✅ Pros

  • Ultra-low spreads from 0.4 pips on EUR/USD
  • Regulated by FSC with investor protection
  • Offers both MetaTrader 4 and MetaTrader 5 platforms
  • Free demo account available for practice
  • Negative balance protection for retail traders
  • Copy trading available for passive investing
  • Swap-free Islamic accounts available

❌ Cons

  • Offshore regulation offers less protection than tier-1 jurisdictions
  • Limited educational resources for advanced traders

📚 Headway Education & Research

Headway's educational offerings are limited compared to some competitors.

📖
Trading Guides

Limited

🎥
Video Tutorials & Webinars

Not available

📊
Market Analysis

Basic coverage

📅
Economic Calendar

Available on trading platforms

🎧 Headway Customer Support

Headway offers customer support to assist traders with their queries.

💬
Live Chat Available on website
🕐
Hours 24/5 (Mon-Fri)

⭐ Headway User Reviews

3.8/5 Based on 50 reviews
5 ★
65%
4 ★
20%
3 ★
10%
2 ★
3%
1 ★
2%

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🏆 Headway — Our Verdict

3.8/5 Average

Headway is a decent broker with some limitations. With FSC regulation, 0.4 pips EUR/USD spreads, and a $0 minimum deposit, this broker is particularly accessible for beginners .

Best for: Scalpers and high-frequency traders , Beginners with limited capital , Passive investors

⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

❓ Headway — Frequently Asked Questions

Is Headway a safe and regulated broker?

Yes, Headway is regulated by FSC, which is a Tier 3 - Basic regulatory authority. Client funds are kept in segregated accounts with negative balance protection.

What is the minimum deposit at Headway?

The minimum deposit at Headway is $0. This means you can start with any amount. This is considered low and accessible for beginners.

What trading platforms does Headway offer?

Headway offers the following trading platforms:

  • MetaTrader 4 (MT4) — The most popular forex trading platform
  • MetaTrader 5 (MT5) — Advanced multi-asset platform
  • Web Platform — Trade directly from your browser
  • Mobile Apps — Available for iOS and Android
What are Headway's spreads on EUR/USD?

Headway offers EUR/USD spreads with an average of 0.4 pips.

How long do withdrawals take at Headway?

Withdrawal processing times at Headway depend on the payment method:

  • E-wallets: 0-24 hours
  • Credit/Debit Cards: 2-5 business days
  • Bank Transfers: 3-7 business days

Does Headway offer a demo account?

Yes, Headway offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.

What is Headway's maximum leverage?

Headway offers maximum leverage of 1:2000. However, note that leverage limits vary by region due to regulatory requirements:

  • EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
  • Professional traders: Higher leverage may be available upon qualification
  • Other jurisdictions: Leverage up to 1:2000 may be available

Higher leverage increases both potential profits and potential losses.

Can I use Headway in ?

Headway accepts traders from . The broker operates under FSC regulation. Always verify current availability and applicable regulations on the broker's website.

Does Headway offer Islamic (swap-free) accounts?

Yes, Headway offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact Headway's support to request an Islamic account.

What instruments can I trade with Headway?

Headway offers access to 150+ tradable instruments:

  • 60 Forex currency pairs

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