FBS vs Headway Comparison
Compare trading conditions, commissions and platforms of Forex brokers FBS and Headway. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FBS or Headway?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
FBS
- Minimum deposit · USD
- 5 USD
- Different platforms
- FBS Trader
Headway
- Minimum deposit · USD
- 1 USD
- Different platforms
- None listed
Comparison Table of FBS and Headway
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| Broker | FBS | Headway |
|---|---|---|
| Foundation Year | 2008 | 2021 |
| Regulated in Countries | Belize, Cyprus, Australia, South Africa | South Africa |
| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:3000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review |
FBS Review
FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.
Pros and Cons of FBS
Pros
- Regulated by major international organizations.
- Low spreads and commissions.
- Wide range of trading assets.
- Extensive database of educational materials and analytical tools.
- Support for various trading platforms.
Cons
- Limited choice of trading accounts.
- Limited choice of account currency.
FBS is in the top 10 of the following ratings:
Headway Review
Headway is a broker with accessible starting conditions, a low minimum deposit, competitive fees, and a fairly wide range of instruments. Its strengths include a Cent account from $1, tight spreads, low commission on the Pro account, support for MT4/MT5, the availability of Copytrade, and convenient ways to deposit and withdraw funds. At the same time, the broker still lags behind larger competitors in the strength of regulation, depth of analytics, and overall reputation, since it is a young company with an FSCA license.
Headway is best suited for beginner traders who need a low entry threshold, as well as retail traders looking for low-cost trading in Forex, stocks, and cryptocurrencies. The broker may also be interesting for those who want to use copy trading or start with a small amount of capital. However, traders who prioritize the strongest possible regulation, advanced analytics, and the widest possible product lineup may find Headway less suitable.
Pros and Cons of Headway
Pros
- Low entry threshold: a Cent account is available with a deposit from $1.
- Tight spreads and low trading commissions.
- Cent, Standard, and Pro accounts are available, as well as a demo account and an Islamic account.
- Wide range of instruments, especially stocks, cryptocurrencies, and Forex.
- Many deposit and withdrawal methods with no broker-side fees.
Cons
- Regulation is limited to an FSCA license, with no Tier-1 jurisdictions.
- A young company with a relatively short operating history.
- Analytics and education are only at a basic level.
- According to reviews, the quality of customer support is not always consistent.
Reliability
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| Broker | FBS | Headway |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2008 | 2021 |
| Regulated in Countries | Belize, Cyprus, Australia, South Africa | South Africa |
| Regulators |
FBS
FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.
Headway
Headway is a moderately reliable broker with an FSCA license, but in terms of regulatory strength and reputation it lags behind companies with Tier-1 licenses and a longer operating history.
Pros
- Has an active FSCA license
- The legal entity is clearly disclosed
Cons
- No strong Tier-1 regulation
- A young company without a long track record
Account Opening
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| Broker | FBS | Headway |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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FBS
The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.
Headway
Opening an account with Headway is convenient and fairly fast. The registration procedure is simple, the interface is clear, and the overall process meets the expectations of most modern traders.
Pros
- Simple registration
- User-friendly interface
- Quick start
Account Types
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| Broker | FBS | Headway |
|---|---|---|
| Account Types | 3/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:3000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | Yes | Yes |
| Swap-free Account | Yes | Yes |
FBS
FBS offers only one trading account but with additional services.
Pros
- Availability of demo accounts for practice.
- The possibility of automated trading.
Cons
- Lack of investment accounts (PAMM, copy trading).
- Insufficient variety of trading accounts.
Headway
Headway offers a fairly diverse range of accounts that suits beginners, retail traders, and more experienced users.
Pros
- Cent, Standard, and Pro are available
- A demo account is available
- Copytrade and an Islamic account are available
Commissions
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| Broker | FBS | Headway |
|---|---|---|
| Commissions | 3.5/5 | 4.5/5 |
| Spread | from 0.7 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 0.8 |
| Commission | No data | per 1 lot$1.50 |
FBS
FBS's commissions are average for the market.
Pros
- Low spreads.
Cons
- Possible withdrawal fees in the absence of trading activity.
Headway
Headway's fees are low: the broker offers tight spreads, very low commission on the Pro account, and fee-free withdrawals, although swaps remain average for the market.
Pros
- Tight spreads
- Low commission on Pro
- No withdrawal fee
Cons
- Swaps are average for the market
Deposit and Withdrawal
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| Broker | FBS | Headway |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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FBS
FBS offers many deposit and withdrawal methods with high flexibility and accessibility.
Headway
Deposits and withdrawals at Headway are well organized: many payment methods are available, the broker does not charge fees, and transactions are processed fairly quickly.
Pros
- Wide selection of methods
- No broker fees
- Fast processing of transactions
Cons
- The set of methods depends on the country
- A verified account is required for cards
- External network/payment-system fees may apply
Markets and Products
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| Broker | FBS | Headway |
|---|---|---|
| Markets and Products | 4/5 | 4.5/5 |
| Forex | 43 | 56 |
| Precious Metals | 8 | 3 |
| Energy Carriers | 3 | 3 |
| Indices | 11 | 32 |
| Stocks | 480 | 292 |
| Cryptocurrency | 5 | 58 |
FBS
FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.
Headway
Headway offers a fairly wide range of markets and instruments, especially stocks, cryptocurrencies, and Forex. However, the lineup is not fully comprehensive: the broker does not provide CFDs on soft commodities.
Pros
- Wide selection of stocks
- Many cryptocurrencies
- Synthetic instruments are available
Cons
- No CFDs on soft commodities
- Limited metals and energy instruments
Trading Platforms
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| Broker | FBS | Headway |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Trading Platforms |
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FBS
FBS has a wide choice of trading platforms, meeting the needs of different traders.
Headway
Headway offers a convenient and functional set of platforms based on MT4 and MT5, complemented by web versions and its own mobile app. The selection is solid, though it lacks some niche professional alternatives.
Pros
- MetaTrader 4 and 5 are available
- Web versions are available
- There is a mobile app
Cons
- No cTrader or TradingView
Analytics
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| Broker | FBS | Headway |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
FBS
FBS offers extensive and high-quality analytical tools that contribute to effective trading.
Headway
Headway's analytics are basic: an economic calendar, news, and a blog are available, but it lacks expert forecasts, signals, and additional tools for full analytical support.
Pros
- An economic calendar is available
- News and a blog are available
Cons
- Little expert analysis
- No trading signals
- No Autochartist or calculators
Education
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| Broker | FBS | Headway |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
FBS
FBS provides comprehensive educational materials suitable for traders at all levels.
Headway
Headway's education is primarily suited to beginners: there is a basic course and a blog, but in depth and variety the section falls short of brokers with a more developed educational ecosystem.
Pros
- A beginners' course is available
- Supplemented by the blog
Cons
- Few learning formats
- No webinars or video tutorials
- Materials are basic
Customer Support
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| Broker | FBS | Headway |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
FBS
The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.
Headway
Headway's customer support looks accessible and convenient: there are many contact channels and support operates 24/7, but according to reviews, service quality is not always consistent.
Pros
- Many contact channels
- Online chat available
- 24/7 support
Cons
- Mixed customer reviews
- Response quality is not always consistent
- Not all issues are resolved equally quickly
Comparisons of FBS and Headway with other brokers
Conclusion
When choosing between FBS and Headway, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: FBS or Headway?
FBS ranks higher than Headway in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: FBS or Headway?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — FBS or Headway?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FBS and Headway?
FBS: MetaTrader 4, MetaTrader 5, FBS Trader. Headway: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with FBS and Headway?
FBS: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Headway: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FBS and Headway?
FBS: Standard. Headway: Cent, Standard, Pro. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FBS and Headway?
FBS: Neteller, Skrill, SticPay, Visa, Mastercard, Maestro. Headway: Online wallets, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FBS or Headway — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
