Broker comparison

Headway vs HF Markets Comparison

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

VS summaryScores and ranking at a glance
Headway
Rating
4.4/5
Rank
#63
Register

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

HF MarketsHigher ranked
Rating
4.3/5
Rank
#23
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 - Headway or HF Markets?

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

HF Markets ranks higher in the editorial ranking.
Headway
Rating: 4.4/5Rank: #63
HF Markets
Rating: 4.3/5Rank: #23

Headway

Minimum deposit · EUR
10 EUR
Different platforms
None listed
Different markets
None listed

HF Markets

Minimum deposit · EUR
1 EUR
Different platforms
  • WebTrader
Different markets
  • Soft Commodities
  • ETF
  • Bonds

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

Full broker ranking

Comparison Table of Headway and HF Markets

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Overview: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Foundation Year20212010
Regulated in CountriesSouth AfricaSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Minimum Deposit
  • 10 EUR
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
  • 1 USD
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:20001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
ReviewHeadway ReviewHF Markets Review

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.

HF Markets Review

HF Markets 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 Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

Reliability

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Reliability: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Reliability
4/5
5/5
Foundation Year20212010
Regulated in CountriesSouth AfricaSaint Vincent and the Grenadines, South Africa, Seychelles, Cyprus, United Kingdom, United Arab Emirates, Kenya
Regulators

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

HF Markets

HF Markets is highly regulated and provides dependable services, safeguarding its clients' interests.

Account Opening

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Account Opening: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN

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

HF Markets

The account opening process at HF Markets is simple and quick, with a user-friendly interface and standard verification.

Account Types

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Account Types: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Account Types
5/5
5/5
Trading Accounts
  • Cent
  • Standard
  • Pro
  • Cent
  • Premium
  • Zero
  • Pro
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 1 USD
  • 1 EUR
  • 1 JPY
  • 1 NGN
Spreadfrom 0 pointsfrom 0 points
Max Leverage1:20001:2000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
Demo Account
Swap-free Account

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

HF Markets

The broker offers a range of accounts to satisfy the needs of diverse traders.

Pros

  1. A wide selection of account types to suit different requirements.
  2. Specialized accounts, such as Cent and Islamic accounts.
  3. The opportunity to copy trades from successful traders.

Commissions

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Commissions: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Commissions
4.5/5
2/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)0.81.5
Commissionper 1 lot$1.50per 1 lot$3.00

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

HF Markets

HF Markets' commissions are above average for the market.

Pros

  1. No fees for deposits/withdrawals.

Cons

  1. Spreads are above average
  2. High swaps for long-term trading.
  3. Inactivity fee.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Rating
4.5/5
5/5
Account Funding Methods
  • Online wallets
  • Bank Transfer
  • Visa
  • Mastercard
  • Skrill
  • FasaPay
  • BitPay
  • Bank Transfer
  • Visa
  • Mastercard

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

HF Markets

HF Markets provides many deposit and withdrawal methods, making the broker convenient for many traders.

Markets and Products

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Markets and Products: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Markets and Products
4.5/5
4.5/5
Forex5653
Precious Metals36
Energy Carriers32
Indices3211
Stocks29295
Cryptocurrency5840
Soft Commodities-5
ETF-33
Bonds-3

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

HF Markets

HF Markets offers a wide selection of trading assets, though it has a limited choice of stocks.

Trading Platforms

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Trading Platforms: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Rating
4.5/5
4.5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader

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

HF Markets

HF Markets offers a wide choice of reliable and functional platforms, making it attractive to traders of various levels.

Analytics

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Analytics: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Rating
3.5/5
5/5

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

HF Markets

HF Markets offers an impressive set of analytical tools and up-to-date news from experts, facilitating effective trading.

Education

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Education: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Rating
3.5/5
5/5

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

HF Markets

HF Markets' educational materials are extensive and in-depth, allowing traders of all levels to improve their skills and strategies.

Customer Support

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Customer Support: comparison of Headway, HF Markets
BrokerHeadwayHF Markets
Rating
4/5
4.2/5
Email Support
Hotline Phones
Social Media

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

HF Markets

HF Markets' customer support is efficient, available through various channels, and responds quickly.

Pros

  1. Variety of communication channels (email, phone, online chat).
  2. Quick and professional response.
  3. Positive user feedback.

Cons

  1. Absence of instant messaging for quick communication.
  2. Lack of national phone lines.
  3. Support is limited to working days (24/5).

Comparisons of Headway and HF Markets with other brokers

Conclusion

When choosing between HF Markets 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: Headway or HF Markets?

HF Markets 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: Headway or HF Markets?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Headway or HF Markets?

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 Headway and HF Markets?

Headway: MetaTrader 4, MetaTrader 5. HF Markets: MetaTrader 4, MetaTrader 5, WebTrader. See the “Platforms” section for details and selection tips.

What markets can you trade with Headway and HF Markets?

Headway: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. HF Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Headway and HF Markets?

Headway: Cent, Standard, Pro. HF Markets: Cent, Premium, Zero, Pro. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Headway and HF Markets?

Headway: Online wallets, Bank Transfer, Visa, Mastercard. HF Markets: Skrill, FasaPay, BitPay, Bank Transfer, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Headway or HF Markets — 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.