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HE

Headway Review: Is It Legit and Regulated?

JAROCEL PTY LTD

ZA Operating period unverified

FindMyFX score

critical risk

3.5/10

0 Score out of 10 10
Independent assessment Updated 2026-07-21

Contact & regulation

Official website
hw.online
Address
3 Flamingo Crescent, Beacon Bay, East London, 5241, South Africa
Contact
3 Flamingo Crescent, Beacon Bay, East London, 5241, South Africa
Primary license
FSCA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Headway legit and regulated?

FindMyFX has license records for Headway, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Online CFD broker operated by South African company JAROCEL PTY LTD, according to the broker's official footer.

Professional broker overview

FindMyFX editorial summary

Headway states that JAROCEL PTY LTD operates the brand under South African registration number 2021/883863/07 and FSP number 52108. Official account pages publish Cent, Standard and Pro accounts, MT4 and MT5 access, low minimum deposits and account-specific spread and commission claims; the FSCA licence claim was not independently matched to a direct register entry in this research.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: Regulatory status is based on the broker's official disclosure and remains pending direct FSCA register verification.

Operational status
active
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Documented advantages

  • Official account pages publish minimum deposits and commission structures.
  • MT4 and MT5 are listed for retail accounts.

Documented limitations

  • The FSP claim was not independently matched to a direct FSCA register entry.
  • Advertised unlimited leverage cannot be represented as an integer maximum and is left null.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

JAROCEL PTY LTD

Primary
ZA 2021/883863/07

Trading access

Account types

Available account structures and their current verification state.

3 accounts

Cent

unverified
Deposit
USD 1.00
Leverage
Not shown

No commission

Spread
From 0.30 pips
Base currencies
USD
Margin call / stop-out
—% / —%
Demo / Islamic
Unknown / Unknown
Balance protection
Unknown
Last verified
Not verified

Pro

unverified
Deposit
USD 100.00
Leverage
Not shown

Up to USD 1.5 per side per lot

Spread
From 0.00 pips
Base currencies
USD, EUR, IDR, JPY, THB, NGN, ZAR, BRL, MYR
Margin call / stop-out
—% / —%
Demo / Islamic
Unknown / Unknown
Balance protection
Unknown
Last verified
Not verified

Standard

unverified
Deposit
USD 10.00
Leverage
Not shown

No commission

Spread
From 0.30 pips
Base currencies
USD, EUR, IDR, JPY, THB, NGN, ZAR, BRL, MYR
Margin call / stop-out
—% / —%
Demo / Islamic
Unknown / Unknown
Balance protection
Unknown
Last verified
Not verified

Licenses and regulators

FSCA

52108

unverified

Last verified: Not shown

Type: Financial Services Provider
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Score components

Regulation and licenses

2.5/10 · 35%

An FSP number is disclosed by the broker, but direct FSCA register verification was not completed.

Security and track record

2.5/10 · 20%

No authoritative enforcement-history review was completed.

Trading conditions

7.5/10 · 15%

Official account pages provide minimum deposits, spreads, commissions, base currencies and platforms.

Company transparency

7.5/10 · 10%

The broker publishes its legal entity, registration number, address, phone and account details.

Service quality

2.5/10 · 10%

Official contacts exist, but no verified service-performance dataset was used.

Verified user reviews

0.0/10 · 10%

No inspectable verified-user-review dataset was used.

Profile update history

Broker profile was published.

2026-07-21

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.