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GDMFX vs Headway
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, GDMFX currently holds a lower overall rating (2.5) compared to Headway (4.5).
GDMFX has a higher minimum deposit than Headway, at 100.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
both companies offer the same minimum lot size 0.01, but GDMFX has a maximum lot size of 1000.0, while Headway offers 1.0E7.
GDMFX offers a lower maximum leverage of 1:500, whereas Headway allows trading with up to 1:1000000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 1.0 |
| Commission | 7.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 1000.0 | 1.0E7 |
| Spread | Fixed, Variable | Variable |
| Broker type | STP, ECN, Market Maker, NDD, DMA | STP, ECN |
| Maximal leverage (1:?) | 500 | 1000000 |
| Availability | STP, ECN, Market Maker, NDD, DMA | STP, ECN |
| Regulation | FSP (NZ) | FSCA (South Africa) |
| Trading Platforms | MetaTrader 4 (MT4), Web Platform, Mobile Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Perfect Money, Neteller, Skrill, Bitcoin | Credit Card, Debit Card, Cash, Perfect Money, Neteller, Skrill, FasaPay, Crypto, Astropay, Pix, USDT, GCash |
| Account Currency | USD, GBP, EUR, JPY, AUD | USD, EUR, JPY, THB, ZAR, BRL, IDR |
| Languages | English, Mandarin, Chinese, Indonesian, Malay, Bulgarian | English, Spanish, French, Portuguese, Japanese, Indonesian, Malay, Thai, Arabic, Vietnamese |
| Country | New Zealand | South Africa |
| Trading platform(s) timezone | Australia, Bulgaria, China, Indonesia, India, Taiwan | United Arab Emirates |
| Other trading instruments | Indices, Commodities, Energies, CFDs | Stocks, Futures, Indices, Commodities, Energies, Shares, Cryptocurrency, Precious Metals, Forex, Synthetic cryptos |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
