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HeadWay
23 reviews

Trading Conditions

Min TradeUSD 1
Min DepositUSD 1
Base CurrenciesUSD, ZAR, NGN, EUR, JPY
EURUSD Spreads0
3.3
5-star 26%
4-star 22%
3-star 17%
2-star 26%
1-star 9%

All Reviews

T
TITI NGA
Oct 19, 2026

Withdrawals are not as fast as they advertise

Withdrawals are not treated instantly you may have to wait for hours to get it via local bank transfer which is the method I used

Bonus Limitations

When you open a bonus150 account they restrict your trading of currencies to Monday and Tuesday only. Seems like manipulation to me

Lot Size Restriction on Pro Account

I opened a Pro Account with HeadWay but I was told the minimum lot size I can trade is 0.1 which is bad

Naira Account, Deposit Bonus is Good

I stay in Nigeria and the addition of Naira account is lovely. I also like the fact that I get a bonus on every deposit I make I deposited N8500 and got a N2,500 bonus to help me with trading. With this, I have more margin to open bigger trades and set a wider SL. I also like that their minimum deposit is low at just N2,000 even for their raw spread account which I opened. keep it up

No Deposit Bonus

Absolutely love the no deposit bonus 💛I think it helps alot

A MUST HAVE

Very affordable broker especially for low income earners who cannot afford to fund their account with big money. Even though I have accounts with other brokers, I still maintain my account with them

Love the low minimum deposit and bonus

Love HeadWay for their low minimum deposit of $1 and the no-deposit bonus. It is really helpful for low bedget traders like me

Headway minimum deposit is N2,000 coupled with a h...

Headway minimum deposit is N2,000 coupled with a high leverage up to 1:1000 allows ow income earners like me to trade

Everything just feels cheap with this broker, thei...

Everything just feels cheap with this broker, their website, trading app, etc. Surprisingly they have okay trading conditions but they should improve on the overall user experience

A
Amos NGA
Nov 26, 2025

I started trading with HeadWay one year ago and I ...

I started trading with HeadWay one year ago and I must say it has been great an experience. The no-deposit bonus is very helpful and the starting deposit is very low.

Horrible customer support! just pray you don't run...

Horrible customer support! just pray you don't run into a problem while using this broker because it will be hard to resolve it

Please avoid this broker, they cleared the money i...

Please avoid this broker, they cleared the money in my trading account and when i asked them they kept passing me around. I had to let it go because the money was just $2 but it is a redflag

They are a low-budget broker offering just the bas...

They are a low-budget broker offering just the basics which is enough for any beginner to trade. Do not expect too much from them.

L
Liam HUN
Jul 16, 2025

when i started using headway i was not sure what t...

when i started using headway i was not sure what to expect but as time went on i enjoyed their services. Deposits reflect quickly, withdrawals are quick, and platforms are stable, no hanging or freezing during high impact news events. Their minimum deposit is also very low which makes them my go to broker when i want to open a small trade

A
Andy DNK
Jul 14, 2025

Their bonus is very easy to get. Their spread is n...

Their bonus is very easy to get. Their spread is not the lowest but its very competitive

Headway broker is okay but they are not very organ...

Headway broker is okay but they are not very organized when compared to other brokers

Sometimes the Headway mobile app tells me i am off...

Sometimes the Headway mobile app tells me i am offline even when i am online, also i cant find anywhere to monitor my active trades on the Headway mobile app

Y
Yoks NGA
Jun 27, 2025

Headway is not a good broker, its easy to put mone...

Headway is not a good broker, its easy to put money in but very difficult to take money out, i experienced this firsthand on my account 14103413. They look for every excuse not to decline your withdrawal. You must initiate the withdrawal to the same account you deposited with and for the same exact amount so what about the profits you made trading where do you withdraw it to?

Headway account opening document verification take...

Headway account opening document verification takes too long

The moment you register with headway, they automat...

The moment you register with headway, they automatically create an mt5 account for you and immediately ask you to deposit into it even without you submitting your ID card and other verification documents. They also support several funding methods which is good

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HeadWay

HeadWay broker is a relatively new forex broker regulated by the FSCA South Africa with $10 minimum deposit & Unlimited Leverage

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