Score
HEADWAY Rebate Service
https://headwayrebate.com
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Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
Account Info
- Trading Env.--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit$10
- Minimum Spreadfrom 0.3
- Depositing Method--
- Withdrawal Method--
- Minimum Trade Size0.01
- Commission--
- Trading InstrumentsForex, cryptocurrencies, metals, energies, stocks, indices, FX indices
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Verified Site
headwayrebate.com
145.14.153.25Server LocationUnited Kingdom
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
Company Profile
Review summary
Headwayrebate Information
Headwayrebate, with full name JAROCEL PTY LTD, is a brokerage company registered in South Africa in 2024. Their products include forex, indices, commodities and stocks. The company offers three tiered live accounts, with minimum deposit from just USD1, affordable to most traders. The use of well-acclaimed MT4 and MT5 platforms ensures pleasant trading experience. What distinguishes the broker from others is its share rebate to traders for profit increase.
However, it should not be neglected that the broker is currently under the regulation status of suspicious clone.

Pros and Cons
| Pros | Cons |
| Affordable minimum deposit | Suspicious clone status |
| Tiered accounts | No downlaod links for MT4/5 trading platform |
| Rebate services | Limited contact channels |
Is Headwayrebate Legit?
Headwayrebate holds an FSCA (Financial Sector Conduct Authority) with license no.52108. But the license is suspected to be fake clone, such abnormal regulatory status raises doubts about its legality and credibility.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Status |
![]() | FSCA (Financial Sector Conduct Authority) | SANABIL CAPITAL LTD | Financial Service Corporate | 52108 | Suspicious Clone |
What Can I Trade on Headwayrebate?
Headwayrebate claims to offer over 349 instruments for trading, these include forex, indices, commodities, cryptocurrencies and stocks.
For forex, investors usually make profit or loss through price fluctuations of different currency pairs such as EURUSD, GBPJPY, GBPEUR, etc. While popular commodties are engery products like crude oil or precious metals such as gold and silver.
Indices allow traders to invest in many top companies without choosing individual stocks. Headwayrebate supports common indices such as NASDAQ, S&P 500, Dow Jones, and others.
Or you can trade cryptos such as Bitcoin, Ethereum, Dogecoin, and 31 other popular crypto coins with this broker and use their ups & downs for extra profit.
Major stocks of Apple, Google, Meta, and others are also available at Headwayrebate.
One of the key principles of investing is never putting all eggs in one basket. Scatter your funds into several products to dilute risks and potential losses.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Shares | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |

Account Type (Minimum Deposit/Leverage/Spread & Commission)
Headwayrebate offers 3 tiered live accounts, each with different initial deposit requirement, base currencies and trading conditions.
Usually people start from the Cent account or Standard account , with a minimum deposit of only $1 and $10 respectively, affordable to most traders. Both accounts have a floating spread from 0.3 pips and zero-commission structure.
While going further, you can try the Pro account, with initial deposit requirement of $100, floating spread from 0 pip but this account charges a commission of up to $1.5 each side per lot.
Base currency is USD only for Cent account but diversify to USD, EUR, IDR, JPY, THB for the other two.
Leverage is from 1:1 to unlimited after trading 5 standard lots across all account types.
- With its low initial capital threshold, all these accounts are suitable for both beginners and veterans. Those who want larger position numbers or lot size can choose senior accounts. But deal carefully with leverage is always recommended.
| Feature | Cent Account | Standard Account | Pro Account |
| Minimum Deposit | $1 | $10 | $100 |
| Account Currency | USD | USD, EUR, IDR, JPY, THB | USD, EUR, IDR, JPY, THB |
| Levearage | From 1:1 to 1:Unlimited (unlimited after trading 5 standard lots) | ||
| Spread | Floating from 0.3 pips | Floating from 0.3 pips | Floating from 0.0 pips |
| Commission | No | No | Up to $1.5 each side per lot |
| Maximum Lot Size | 1000 | 500 | Unlimited |
| Maximum Number of Positions | 300 | 1000 | Unlimited |
Trading Platform
Headwayrebate claims to offer the powerful and versatile MT4 and MT5 trading platforms. MT5 is the upgraded version of MT4, both platforms are renowned for their user-friendly intuitive interface, robut performance, advanced analysis tools and flexible customization. But we did not find any download links on the broker's website, so you'd better check with the broker for clarification before trading with them.
Rebate Service
Headwayrebate offers a rebate service that returns 90% of the revenue from spreads or commissions to traders. This rebate, or cashback, is paid out daily and directly credited to traders' accounts.
This is an attractive service that is not common among most brokers, though such action from Headwayrebate may increase traders' profitability, you should still be prudent and learn about all the withdrawal conditions to avoid any losses.

Customer Support Options
The broker does not provide comprehensive customer support channels. You can only contact them via WhatsApp at +62 852-3282-4478 so far. Though they disclosed their registered office, we are not sure where their operation office is.
Such shortage of customer service can lead to delayed responses to customer requests and poor customer experience.
| Contact Options | Details |
| Phone | ❌ |
| ❌ | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | WhatsApp: +62 852-3282-4478 |
| Supported Language | 50+, including English, Indonesian, Arabic, Greek, German, etc. |
| Website Language | Indonesian |
| Registered Address | 3 Flamingo Crescent, Beacon Bay, East London, 5241, South Africa |

The Bottom Line
Though the company does not set high barriers to start investment and offers rebate on spread and commission to clients, taders should still be at utmost caution when trading this broker. This is mainly becuase it operates with a suspicious clone regulatory status, which indicates less compliance to financial standards.
You can make tries with the broker with a small amount of money first, but if you decide to increase your investment, be sure you undertake thorough investigations and accept the downsides of the broker. Or turn to reputable brokers instead.
FAQs
Is Headwayrebate safe?
No, we cannot define that the broker is safe due to the lack of suspicious clone regulatory status.
Is Headwayrebate good for beginners?
Yes, beginners can input a minimum of only $1 to test their strategies first.
What trading platform does Headwayrebate have?
Headwayrebate offers both MT4/MT5 platforms, but we have not found any download links on its website.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.
Company Profile
- 2-5 years
- Questionable Regulatory License
- Suspicious Operational Region
- High Potential Risk
News

Exposure HEADWAY Rebate Service Review 2025: Is This Forex Broker Safe?
HEADWAY Rebate Service is an unverified forex broker established in South Africa in 2023. Characterized by an extremely low WikiFX Score of 1.34 and concerning real-user complaints regarding severe spread widening and unauthorized profit deductions, the platform presents a high risk to traders despite offering low minimum deposits.

Exposure HEADWAY Rebate Service Review 2026: Is this Forex Broker Legit or a Scam?
HEADWAY Rebate Service currently holds an exceptionally low WikiFX score of 1.33 alongside unverified regulatory status in South Africa. Given the severe real-world trader complaints regarding artificial spread manipulation and unwarranted fund deductions, it represents a high-risk entity.

Exposure HEADWAY Rebate Service Review 2026: Is this Forex Broker Legit or a Scam?
HEADWAY Rebate Service holds a critical WikiFX score of 1.32 and lacks verified regulation from the South African FSCA. With multiple trader reports citing profit deductions and massive spread manipulation, this broker presents a high risk to client funds.
Wiki Q&A
Is HEADWAY Rebate Service safe and reliable?
Based on WikiFX data, HEADWAY Rebate Service exhibits a high-risk profile. The broker has a very low overall WikiFX score of 1.33 and operates without verified oversight from recognized financial authorities. Significant public exposure highlights concerns regarding unexpected spread widening and profit deductions. Engaging with this entity carries substantial risk for retail traders.
Is HEADWAY Rebate Service regulated?
No, HEADWAY Rebate Service does not hold any valid, verified retail forex trading licenses from reputable regulators. Its claimed license with South Africa's Financial Sector Conduct Authority (FSCA) is listed as 'Unverified' by WikiFX. This lack of credible regulatory oversight represents a severe risk warning for traders.
What is the minimum deposit of HEADWAY Rebate Service?
HEADWAY Rebate Service offers several account types with varying minimum deposits. According to WikiFX data, a Cent account can be opened with a $1 deposit, while its Standard account requires $10, and a Pro account requires a $100 deposit.
Does HEADWAY Rebate Service support MT4 or MT5?
The specific trading platforms supported by HEADWAY Rebate Service are not currently listed in the available data. WikiFX assessments indicate the broker offers features like Expert Advisor (EA) support, which is commonly associated with platforms like MetaTrader.
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