Is Headway a Scam? Regulation Check 2026

We checked Headway's licence in the official FSA register. Here is what the public records say.

Verdict

Headway is NOT a scam. It holds FSA licence SD028, authorising it to offer trading services in Singapore.

How to verify on the official register

RegulatorFSA FSA
Seychelles Financial Services Authority (FSA)
Licence NumberSD028
Regulated EntityHeadway Ltd
Founded2015

What FSA regulation means

FSA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSA directly.

What FSA regulation means for your money

  • Client funds held in segregated bank accounts, separate from Headway's own capital
  • Negative balance protection — you cannot lose more than your deposit
  • Right to file complaints directly with FSA if Headway fails to resolve your issue
  • Headway submits to regular independent financial audits under FSA oversight

Frequently Asked Questions

Is Headway a scam or legitimate?

Headway is NOT a scam. It holds FSA licence number SD028. FSA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSA official register.

How do I check Headway's FSA licence?

Go to the official FSA website and use the public register search. Search for licence number SD028 or the entity name. The record will confirm Headway's authorisation status and the scope of its permissions.

Are my funds safe with Headway?

As an FSA-regulated broker, Headway must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Headway encounters financial difficulties.

What protection do I have as a Headway client in Singapore?

In Singapore, Headway operates under FSA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSA.

76% of retail investor accounts lose money when trading CFDs with Headway.

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