South Africa

Headway

JAROCEL PTY LTD

6.6

Score

Unverified profile Regulation pending Medium risk Full license

Headway offers forex and CFD trading on MT4 and MT5 with Cent, Standard, and Pro accounts. The official site identifies JAROCEL PTY LTD and FSCA license 52108; independent register matching is still pending.

Profile verification

Unverified profile

Identity or supporting evidence is still awaiting a completed FXICON review.

Regulation classification

Regulation pending

Regulatory evidence is still being checked against an official register.

Score intelligence

6.6

medium risk level

Reviews 0

Complaints 0

Calculated 1 hour ago

How scoring works

Transparent score

Why this broker scored 6.6

Regulation and license evidence 8/30

No listed or verified license record is attached yet.

Transparency 15/15

Official website listed; Official domain stored; Legal/company name listed; Office address listed; Contact or support channel listed; Source citations or URLs present; Last checked date present.

Trading conditions 13/15

Minimum deposit listed; Spread information listed; Commission information listed; Leverage disclosed; 3 account type(s) listed.

Platform verification 12/12

3 platform record(s); MT4 listed; MT5 listed; 2 listed or verified platform status record(s); Platform notes present.

Trader feedback 7/15

No approved trader reviews yet; neutral baseline used.

Freshness and source confidence 11/13

Checked 0.55419357649306 day(s) ago; 2 reviewed source citation(s); Source URLs stored; Profile completion above 70%.

Risk flags

Signals to verify before depositing

Unclaimed profile low

No approved broker-owner account is attached.

Due diligence

Research checklist

Checklist Compare

Legal identity

ready

hw.online

License evidence

review

1 record, 1 pending

Source coverage

ready

3 citations

Trading terms

ready

3 account types

Platform claims

review

MetaTrader 4, MetaTrader 5, Headway Trading App

Risk flags

review

1 flag

Jurisdiction review

Regulation and licenses

1 record

🇿🇦 ZA pending review

FSCA

Financial Sector Conduct Authority

Jurisdiction: South Africa
License: 52108

Open official register

Regulator	License	Status	Jurisdiction
🇿🇦 ZA Financial Sector Conduct Authority	52108	pending review	South Africa

Platforms

MetaTrader 4

available / listed

MetaTrader 5

available / listed

Headway Trading App

available / not applicable

Account types

Cent

Min $1 / spread Floating from 0.3 pips / leverage Up to unlimited

Standard

Min $10 / spread Floating from 0.3 pips / leverage Up to unlimited

Pro

Min $100 / spread Floating from 0.0 pips / leverage Up to unlimited

Reviews

Exposure and complaints

No published complaints for this broker.

Broker facts

Website: https://hw.online/
Minimum deposit: $1 on Cent account
Leverage: Up to unlimited; conditions apply

Open research report Verify this broker

Similar brokers

PrimeXBT South Africa / 6.3 score / medium risk Khwezi Trade South Africa / 5.6 score / medium risk Banxso South Africa / 5.4 score / medium risk

Before you deposit

Verify the legal company name and license number on the official regulator website.

Check whether the office address, support phone, and domain history match the broker claims.

Read fee, spread, leverage, bonus, deposit, and withdrawal terms on the official website.

Treat guaranteed returns, pressure tactics, blocked withdrawals, or vague awards as warning signs.

Suggest a correction

Found outdated license, fee, contact, or platform information? Send a source-backed update to the editorial queue.

Research sources

Headway company and regulatory disclosure Headway trading account comparison FSCA financial service provider search