77 brokers measured in Saudi Arabiabroker data checked 11.10.2026
HeadwayHeadway South Africa entity

Headway in Saudi Arabia — review, licence and costs

Written and checked by the Qasr Review editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of Saudi ArabiaOpened by Headway (Saudi Arabia) Co., CMA licence 52108, register checked 11.10.2026

Score (5 of 6 axes scored)

3.45/ 5.0

shown, not ranked: no cost

  • Reviews25%55
  • Safety20%10
  • Payouts15%99.6
  • Track record10%15
  • Platforms10%65

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.483 = 3.45 · axes on 0–100, total on 2.0–5.0

Key facts (4 facts)

Onboarding entity
Headway South Africa entity
Founded
2023
Currencies
Local currencies supported
Swap-free account
yes

Licence check

CMA · Dealing in securities
52108
Active on registerchecked 11.10.2026https://brokermat.com/brokers/headway/

Who actually onboards you

Entity that onboards Saudi Arabia residents
Headway South Africa entity
Local standing
Regulated offshore entity
Licence as the register states it
FSCA South Africa
Leverage for this entity
Unlimited leverage
The firm behind it
Launched in 2023
What we hold against it
Mixed complaints online

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Saudi residents enters the score.

The entity that onboards youHeadway South Africa entityLocal or offshore not stated in the source · CMA licence

Unlimited leverage

—SA
Saudi Arabia median, local entities: 1:50 · 18 of 20 stated

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youRegulated offshore entity
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Accounts

Account types the broker names for this country: Cent, Standard, Pro. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Where Headway sits in the Saudi Arabia base(80 brokers)

Round-turn cost, USD (70 of 80 priced)

7<5
545-10
410-15
415-20
120-25
025-30
030+

Median 6.6 USD · range 1.5-20 · 10 of 80 brokers do not publish it

Minimum deposit, USD (5 of 80 priced)

3<50
050-100
1100-150
0150-200
1200+

Median 5 USD · range 0-200 · 75 of 80 brokers do not publish it

Retail leverage (58 of 80 with a Saudi Arabia figure)

32<1000
151000-2000
42000-3000
53000-4000
24000+

Median 1:500 · range 1-5000 · 22 of 80 brokers do not publish it

Withdrawal time published (80 brokers)

6of 77
Published, hours6not published38Headway is one of the 6

Payouts(2 methods)

MethodDeposit, hFee, USDMin, USD
Local banks24050
Wallets24050

Deposit and withdrawal methods (2 methods · 0 local rails)

Local banks and wallets

  • Local banks
  • Wallets
Account currency
Local currencies supported
Fee declared
2 of 2 methods
Withdrawal back to
the funding method

Where it does not serve(8 countries)

AfghanistanIranNorth KoreaRussian FederationSomaliaSudanSyriaUnited States

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(4 platforms)

  • MT4
  • MT5
  • mobile app
ClassCountMin spread
MT4—0
MT5—0
mobile app—0
All instruments350+—

Reviews(1 platform · 25% of the score)

4.1/ 5
Trustpilot rating
—
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.1—

Share of reviewers in Saudi Arabia: — The platform does not publish it.

Pros and cons(4 for and 4 against, each tied to a figure on this page)

For
  • Withdrawal in 0.5 h, one of 75 of 80 brokers here that publish a time
  • Swap-free account available
  • Payouts 100 of 100, its strongest of 5 scored axes
  • 3 platforms: MT4, MT5, mobile app
Against
  • Round-turn cost not priced: the pair of spread and commission is not published
  • No Saudi Arabia authorisation on file: the entity that onboards you is licensed elsewhere
  • Safety 10 of 100, its weakest of 5 scored axes
  • Not scored on round-turn cost: the broker publishes no figure we could read

Alternatives in Saudi Arabia(5 of 80 scored in Saudi Arabia)

3.58
FXGT
Licensed elsewhere
Round turn, USD
6SA
Min deposit, USD
5 groupSA
Leverage
5000SA
Rank in this country
#19
3.4
Moneta Markets
Licensed elsewhere
Round turn, USD
6SA
Min deposit, USD
200SA
Leverage
1000SA
Rank in this country
#20
4.04
IC Markets
Licensed elsewhere
Round turn, USD
8SA
Leverage
1000SA
Rank in this country
#4
3.99
Exness
Licensed elsewhere
Round turn, USD
9SA
Rank in this country
#5
3.88
TMGM
Licensed elsewhere
Round turn, USD
7SA
Min deposit, USD
0 groupSA
Leverage
1000SA
Rank in this country
#6

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Saudi Arabia score. Full methodology

AxisWeightWhat is measuredHeadway
Reviews25%Rating, volume and recency on one public review platform55
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median—
Safety20%Local authorisation, the entity that onboards you, any regulator warning10
Payouts15%Published withdrawal time, fees and the methods available in the country100
Track record10%Years since the firm was founded, from its own filings15
Platforms10%Which trading platforms the broker confirms for this country65

FAQ

Does Headway accept residents of Saudi Arabia?
No. Regulated offshore entity Onboarding entity: Headway South Africa entity
Is Headway licensed to serve clients in Saudi Arabia?
FSCA South Africa Checked on 11.10.2026.
Which trading platforms does Headway support?
MT4, MT5, mobile app. Instruments: 500+ instruments
How can I withdraw money from Headway in Saudi Arabia?
Local banks and wallets
What account types does Headway offer?
Cent, Standard, Pro
Does Headway offer a swap-free (Islamic) account?
Yes. Headway offers a swap-free (Islamic) account to Saudi Arabia residents.

Verified · Sources