Recalculated 2026-11-02 · Established 2023 · Home base: Jarocel (Pty) Ltd, East Londo
Headway — South Africa
Headway is rated 3.66 out of 5 by our formula (Rank #15 of 70) for traders in South Africa: round turn 3 USD, residents accepted — Yes.
Suits you if the round turn is 3 USD against a 7 USD median here · you can open with 1 USD · it takes residents of South Africa
Key facts (8)
- Who actually onboards you
- Home base: Jarocel (Pty) Ltd, East London, South Africa.
- Licence number
- 52108
- Established
- 2023group
- Min deposit, USD
- 1 USDgeo
- Platforms
- MT4 · MT5 · Headway App
- Local funding
- ZAR cards/bank transfer, e-wallets, crypto; $0 d
- Max leverage
- —
- EURUSD
- 0.3 pipsgroup
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
This broker against the South Africa middle (81 of 104)
| Headway | South Africa median | |
|---|---|---|
| Round turn, USD | 3.0 USD | 7.0 USD |
| Min deposit, USD | 1 USDgeo | 50.0 USD |
| Max leverage | — | 500.0geo |
| Withdrawal, h | immediategroup | 24.0 h |
| EURUSD, standard | 0.3 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2023group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in South Africa
Locally licensed by FSCA, but some sources question whether the brand fully matches the registered firm; Tier-2 oversight.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Headway.
- Who actually onboards you
- Home base: Jarocel (Pty) Ltd, East London, South Africa.
- Licence number
- 52108
- Local licence
- yes
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 2.75+ 20.0% × 5.00+ 20.0% × 4.50+ 15.0% × 4.98+ 10.0% × 0.75+ 10.0% × 2.50= 3.66
Ranked against brokers measured on every axis
Licence check
- Licence number
- 52108
- Checked
- 2026-07-09
Who actually onboards you
Home base: Jarocel (Pty) Ltd, East London, South Africa.
Locally licensed entity
What each account gives you
Cent, Standard, Pro, Islamic, Demo.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit $1 (Cent).
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · Headway App
FX, commodities, indices, stocks, crypto, synthetics (400+).
Reviews
rated "Great" with 4.1 / 5 on Trustpilot
Where it wins, where it loses
Pros (4)
- Round turn 3.0 USD against a South Africa median of 7.0
- Licensed locally: 52108
- Swap-free account available
- Withdrawal published at immediate; standard processing times range from 15 to 30 minutes
Cons (1)
- Carries a regulator warning; excluded from beginner and most-established lists
Where it does not serve
Afghanistan, Iran, North Korea, Russian Federation, Somalia, Sudan, Syria, United States
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Aggregators and directories
- 1fxempire.com/brokers/headwayfxempire.com · pageAggregator
- 2tradingfinder.com/brokers/headwaytradingfinder.com · pageAggregator
- 3wikifx.comwikifx.com · domainAggregator
FAQ (5)
Does Headway accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Headway?
Home base: Jarocel (Pty) Ltd, East London, South Africa.
What licence does Headway hold for South Africa?
Licence 52108.
What does one EURUSD lot cost at Headway?
3.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Headway take?
Headway publishes immediate; standard processing times range from 15 to 30 minutes. Their own wording: “Withdrawal requests are processed immediately”.