Broker comparison

Headway vs Roboforex Comparison

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

VS summaryScores and ranking at a glance
Headway
Rating
4.4/5
Rank
#20
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Trading CFDs carries high risks. You may lose all invested funds

RoboforexHigher ranked
Rating
4.4/5
Rank
#14
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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 Roboforex?

Our pick: Roboforex

Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Roboforex looks preferable to Headway.

Roboforex scored 4.4/5 and ranks 14 in our all Forex brokers list, whereas Headway has 4.4/5 and ranks 20.

This is not financial advice. See the full comparison below.

Who is Headway suitable for?

Headway is suitable for beginners and retail traders who value a low entry threshold, tight spreads, Copytrade, and access to Forex, stocks, and cryptocurrencies.

Who is Roboforex suitable for?

Roboforex is suitable for both beginners and professional traders, thanks to its impeccable reputation, reliability, and fair conditions.

Comparison Table of Headway and Roboforex

BrokerHeadwayRoboforex
Rating
4.4/5
4.4/5
Foundation Year20212009
Regulated in CountriesSouth AfricaBelize
Minimum Deposit
  • 10 EUR
  • 1 USD
  • 10 EUR
  • 10 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
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 5
  • MetaTrader 4
  • R WebTrader
  • R MobileTrader
  • R StocksTrader
ReviewHeadway ReviewRoboforex 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
compare Headway trading accounts

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.

Roboforex Review

Roboforex 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
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

Roboforex is in the top 10 of the following ratings:

Reliability

BrokerHeadwayRoboforex
Reliability
4/5
3.6/5
Foundation Year20212009
Regulated in CountriesSouth AfricaBelize
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

Roboforex

RoboForex, as a regulated broker, offers a high degree of client protection and compliance with standards.

Pros

  1. Regulated by the Financial Services Commission (FSC).
  2. Participation in The Financial Commission's Compensation Fund.
  3. Civil Liability Insurance Program in place.

Cons

  1. Lacks oversight from stricter regulators such as the FCA, ASIC or CFTC.

Account Opening

BrokerHeadwayRoboforex
Account Opening
5/5
5/5
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 USD
  • 10 EUR

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

Roboforex

Registration on the RoboForex website is quick and uncomplicated. A notable advantage is the option to select the type of account right at registration, which is beneficial for those who already know they want to trade on a live account.

Account Types

BrokerHeadwayRoboforex
Account Types
5/5
4.8/5
Trading Accounts
  • Cent
  • Standard
  • Pro
  • Pro
  • Pro-Cent
  • ECN
  • Prime
  • R StocksTrader
Minimum Deposit
  • 1 USD
  • 10 EUR
  • 10 USD
  • 10 EUR
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
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 5
  • MetaTrader 4
  • R WebTrader
  • R MobileTrader
  • R StocksTrader
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

Roboforex

RoboForex accounts offer sufficiently diverse trading conditions to meet the needs of various trader categories, from beginners to professionals who prefer investing.

Pros

  1. Availability of ECN and cent accounts
  2. Access to VPS
  3. Regularly held contests

Cons

  1. Lack of fixed spread accounts

Commissions

BrokerHeadwayRoboforex
Commissions
4.5/5
3.7/5
Spreadfrom 0 pointsfrom 0 points
Average Spread (EURUSD)0.81.4
Commissionper 1 lot$1.50per $1M turnover$20.00

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

Roboforex

RoboForex boasts relatively low commissions, potentially appealing to a broad spectrum of traders.

Pros

  1. Low trading fees
  2. No inactivity fee
  3. No withdrawal fee

Cons

  1. High swaps.

Deposit and Withdrawal

BrokerHeadwayRoboforex
Rating
4.5/5
5/5
Account Funding Methods
  • Online wallets
  • Bank Transfer
  • Visa
  • Mastercard
  • Online wallets
  • Bank Transfer
  • Credit and Debit Cards
  • Online banking

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

Roboforex

A wide array of deposit and withdrawal methods, including bank transfers, credit cards, and electronic wallets, makes the process of funding and cashing out convenient and flexible for traders.

Pros

  1. Extensive deposit and withdrawal options
  2. No deposit and withdrawal fees
  3. Broker covers payment system commissions twice a month

Markets and Products

BrokerHeadwayRoboforex
Markets and Products
4.5/5
5/5
Forex5633
Precious Metals35
Energy Carriers32
Indices3212
Stocks2928400
Cryptocurrency58-
Soft Commodities-4
ETF-19

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

Roboforex

RoboForex offers an extensive range of trading instruments, with over 12,000 options available, impressively catering to traders' diverse needs. Traders have access to classic Forex instruments, CFDs, and even real stocks.

Trading Platforms

BrokerHeadwayRoboforex
Rating
4.5/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 5
  • MetaTrader 4
  • R WebTrader
  • R MobileTrader
  • R StocksTrader

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

Roboforex

One of RoboForex's trump cards is the variety of trading platforms. With so many options, it can sometimes be challenging for a beginner to choose.

Analytics

BrokerHeadwayRoboforex
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

Roboforex

RoboForex provides extensive analytical tools and materials, including an analytics center, market forecasts, an economic calendar, and a trading calculator.

Education

BrokerHeadwayRoboforex
Rating
3.5/5
3.5/5

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

Roboforex

Despite some educational materials such as webinars, videos, and FAQ lists, it seems that RoboForex lacks some vital educational resources.

Pros

  1. Availability of webinars and video tutorials

Cons

  1. Lack of courses, seminars, and extensive articles

Customer Support

BrokerHeadwayRoboforex
Rating
4/5
4.7/5
Email Support
  • care@hw.site
  • info@roboforex.com
Hotline Phones
  • +27 10 2402 0603
  • +593 964 256 286
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

Roboforex

RoboForex offers several communication methods, including online chat, email, and phone. The 24/7 online chat is convenient for clients in different time zones.

Pros

  1. Multiple support communication channels
  2. 24/7 customer support
  3. Telegram bot available

Cons

  1. Only international phone calls available

Comparisons of Headway and Roboforex with other brokers

Conclusion

Roboforex stands out as the better overall pick, while Headway trails on aggregate criteria.

Roboforex scored 4.4/5 and ranks 14 in our rating; Headway has 4.4/5 and ranks 20.

We explain the reasons above in detail — fees, platforms, reliability, support, and more.

FAQ

Which broker is better: Headway or Roboforex?

Roboforex comes out ahead by overall rank (score 4.4/5, position 14) versus Headway (score 4.4/5, position 20).

Which broker is better for beginners: Headway or Roboforex?

Roboforex is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.

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

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 Roboforex?

Headway: MetaTrader 4, MetaTrader 5. Roboforex: MetaTrader 5, MetaTrader 4, R WebTrader, R MobileTrader, R StocksTrader. See the “Platforms” section for details and selection tips.

What markets can you trade with Headway and Roboforex?

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

What account types are offered by Headway and Roboforex?

Headway: Cent, Standard, Pro. Roboforex: Pro, Pro-Cent, ECN, Prime, R StocksTrader. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Headway and Roboforex?

Headway: Online wallets, Bank Transfer, Visa, Mastercard. Roboforex: Online wallets, Bank Transfer, Credit and Debit Cards, Online banking. Check method-specific fees/settlement times.

Which broker is safer — Headway or Roboforex — 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.