Broker comparison

FIBO Group vs Headway Comparison

Compare trading conditions, commissions and platforms of Forex brokers FIBO Group and Headway. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FIBO GroupHigher ranked
Rating
4.1/5
Rank
#36
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Trading CFDs carries high risks. You may lose all invested funds

Headway
Rating
4.4/5
Rank
#63
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 - FIBO Group or Headway?

Quick comparison

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.

Methodology

Ratings and ranks

FIBO Group ranks higher in the editorial ranking.
FIBO Group
Rating: 4.1/5Rank: #36
Headway
Rating: 4.4/5Rank: #63

FIBO Group

Different platforms
  • cTrader
Different markets
  • Soft Commodities

Headway

Different platforms
None listed
Different markets
  • Stocks

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of FIBO Group and Headway

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Overview: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Foundation Year19982021
Regulated in CountriesBritish Virgin IslandsSouth Africa
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:10001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • cTrader
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
ReviewFIBO Group ReviewHeadway Review

FIBO Group Review

FIBO Group Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Cryptocurrency
Trading Platforms
MetaTrader 4cTraderMetaTrader 5

FIBO Group is suitable for various types of traders, including beginners and experienced ones. The broad selection of accounts and trading platforms allows every trader to find an appropriate solution. Additionally, educational materials and analytics will aid in skill development and making informed trading decisions.

The broker offers competitive trading conditions, various instruments, and robust support. However, fees and the absence of certain assets may limit its potential.

Pros and Cons of FIBO Group

Pros

  1. A wide selection of trading and investment accounts.
  2. Low spreads, which facilitates more profitable trading.
  3. A wide range of payment methods.
  4. Availability of various trading platforms.
  5. Comprehensive analytics and educational materials.

Cons

  1. An inactivity fee.
  2. Withdrawal fees.
  3. The absence of stocks and ETFs in the range of instruments.

FIBO Group is in the top 10 of the following ratings:

Headway Review

Headway Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5

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

  1. Low entry threshold: a Cent account is available with a deposit from $1.
  2. Tight spreads and low trading commissions.
  3. Cent, Standard, and Pro accounts are available, as well as a demo account and an Islamic account.
  4. Wide range of instruments, especially stocks, cryptocurrencies, and Forex.
  5. Many deposit and withdrawal methods with no broker-side fees.

Cons

  1. Regulation is limited to an FSCA license, with no Tier-1 jurisdictions.
  2. A young company with a relatively short operating history.
  3. Analytics and education are only at a basic level.
  4. According to reviews, the quality of customer support is not always consistent.

Reliability

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Reliability: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Reliability
3/5
4/5
Foundation Year19982021
Regulated in CountriesBritish Virgin IslandsSouth Africa
Regulators

FIBO Group

FIBO Group, regulated by the BVIFSC, offers a certain level of reliability; however, its affiliation with an offshore zone may raise investor concerns.

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

  1. Has an active FSCA license
  2. The legal entity is clearly disclosed

Cons

  1. No strong Tier-1 regulation
  2. A young company without a long track record

Account Opening

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Account Opening: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 1 USD
  • 10 EUR

FIBO Group

The registration and verification process is quick and secure, and the Client Area's functionality provides traders convenience.

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

  1. Simple registration
  2. User-friendly interface
  3. Quick start

Account Types

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Account Types: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Account Types
5/5
5/5
Trading Accounts
  • MT4 Cent
  • MT4 Fixed
  • MT4 NDD
  • MT4 NDD No Commission
  • cTrader NDD
  • MT5 NDD
  • Cent
  • Standard
  • Pro
Minimum Deposit
  • 1 USD
  • 1 USD
  • 10 EUR
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:10001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • cTrader
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

FIBO Group

FIBO Group offers a range of options that cater to different types of traders, from novices to professionals.

Headway

Headway offers a fairly diverse range of accounts that suits beginners, retail traders, and more experienced users.

Pros

  1. Cent, Standard, and Pro are available
  2. A demo account is available
  3. Copytrade and an Islamic account are available

Commissions

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Commissions: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Commissions
3/5
4.5/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)0.80.8
Commissionper 1 lot$3.00per 1 lot$1.50

FIBO Group

FIBO Group's commissions are average for the market, with attractive spreads and swaps, but there may be additional costs.

Pros

  1. Lower-than-market spreads.
  2. Moderate transaction fees.

Cons

  1. Inactivity fee.
  2. Potential costs for depositing/withdrawing funds.

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

  1. Tight spreads
  2. Low commission on Pro
  3. No withdrawal fee

Cons

  1. Swaps are average for the market

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Rating
4.5/5
4.5/5
Account Funding Methods
  • Neteller
  • Skrill
  • WebMoney
  • Swift
  • Visa
  • Mastercard
  • Online wallets
  • Bank Transfer
  • Visa
  • Mastercard

FIBO Group

A broad selection of payment methods and prompt payment processing.

Pros

  1. A large selection of payment systems, including cryptocurrencies.
  2. No deposit fees through many payment systems.
  3. Standard processing times for payments.

Cons

  1. Withdrawal fees through certain payment systems.
  2. Withdrawal of funds only in the same way as the deposit.

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

  1. Wide selection of methods
  2. No broker fees
  3. Fast processing of transactions

Cons

  1. The set of methods depends on the country
  2. A verified account is required for cards
  3. External network/payment-system fees may apply

Markets and Products

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Markets and Products: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Markets and Products
3.5/5
4.5/5
Forex4856
Precious Metals53
Energy Carriers43
Soft Commodities4-
Indices832
Cryptocurrency1358
Stocks-292

FIBO Group

FIBO Group offers a decent range of financial instruments.

Pros

  1. A large number of currency pairs.
  2. Availability of CFDs on cryptocurrencies.
  3. Access to trading futures on indices.

Cons

  1. Lack of stocks and ETFs.
  2. Additional products may be required for professional traders.

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

  1. Wide selection of stocks
  2. Many cryptocurrencies
  3. Synthetic instruments are available

Cons

  1. No CFDs on soft commodities
  2. Limited metals and energy instruments

Trading Platforms

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Trading Platforms: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Rating
5/5
4.5/5
Trading Platforms
  • MetaTrader 4
  • cTrader
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5

FIBO Group

FIBO Group offers three leading trading platforms, combining flexibility and functionality.

Pros

  1. Support for popular platforms MT4, MT5, and cTrader.
  2. The ability to develop custom trading algorithms.
  3. High-speed order execution on the cTrader platform.

Cons

  1. Lack of a proprietary unique platform.

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

  1. MetaTrader 4 and 5 are available
  2. Web versions are available
  3. There is a mobile app

Cons

  1. No cTrader or TradingView

Analytics

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Analytics: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Rating
5/5
3.5/5

FIBO Group

The analytics section of FIBO Group is substantial and varied.

Pros

  1. A wide array of analytical tools and information.
  2. Daily forecasts and market updates.
  3. The presence of an economic calendar and current currency rates.

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

  1. An economic calendar is available
  2. News and a blog are available

Cons

  1. Little expert analysis
  2. No trading signals
  3. No Autochartist or calculators

Education

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Education: comparison of FIBO Group, Headway
BrokerFIBO GroupHeadway
Rating
5/5
3.5/5

FIBO Group

Education at the FIBO Group Academy is highly valued due to its wide range of educational materials and experienced instructors.

Pros

  1. A variety of educational programs for traders of all levels.
  2. Professional expert instructors with years of Forex market experience.
  3. Availability of practical courses, webinars, video courses, and analytical streams.

Cons

  1. Lack of personalized approach in training.

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

  1. A beginners' course is available
  2. Supplemented by the blog

Cons

  1. Few learning formats
  2. No webinars or video tutorials
  3. Materials are basic

Customer Support

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FIBO Group

The technical support of the FIBO Group broker is positively evaluated due to its professional customer service system and the availability of contact channels.

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

  1. Many contact channels
  2. Online chat available
  3. 24/7 support

Cons

  1. Mixed customer reviews
  2. Response quality is not always consistent
  3. Not all issues are resolved equally quickly

Comparisons of FIBO Group and Headway with other brokers

Conclusion

When choosing between FIBO Group 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: FIBO Group or Headway?

FIBO Group 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: FIBO Group 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) — FIBO Group 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 FIBO Group and Headway?

FIBO Group: MetaTrader 4, cTrader, MetaTrader 5. Headway: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with FIBO Group and Headway?

FIBO Group: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, 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 FIBO Group and Headway?

FIBO Group: MT4 Cent, MT4 Fixed, MT4 NDD, MT4 NDD No Commission, cTrader NDD, MT5 NDD. Headway: Cent, Standard, Pro. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by FIBO Group and Headway?

FIBO Group: Neteller, Skrill, WebMoney, Swift, Visa, Mastercard. Headway: Online wallets, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — FIBO Group or Headway — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.