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Hero FX -

Score

1.41 /10
Danger

Hero FX

The Virgin Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://herofx.co

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Comparison

Quantity 3

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.20

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Hero FX Ltd

Company Abbreviation

Hero FX

Platform registered country and region

The Virgin Islands

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Hero FX · Company summary
HeroFX Review Summary
Founded2023
Registered Country/RegionSaint Lucia
RegulationNot regulated
Market InstrumentsForex, Commodities, Indices, Stocks, Futures, Cryptos
Demo Account✔
Trading PlatformHeroFX Pro (Desktop, Web, Mobile)
Min Deposit$30
Customer SupportPhone: Not availableEmail: support@herofx.co24/7 Online Chat: YesPhysical Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros Islet, Saint Lucia

HeroFX Information

HeroFX is a Saint Lucia based broker offering Forex, cryptocurrencies, equities, commodities, and indices. Set for 2023, it provides traders ECN access, zero commission options, and raw spreads. The website provides many account types, including Islamic ones and has advanced tools for all trading strategies.

HeroFX Information

Pros and Cons

ProsCons
Offering many account typesUnregulated
Low minimum deposit of $30No phone support
Demo account provided

Is HeroFX Legit?

HeroFX is an unregulated platform.

Is HeroFX Legit?

What Can I Trade on HeroFX?

HeroFX offers Forex(Majors,Minors,Exotics), stocks, commodities, indices, cryptocurrencies and futures.

Tradable InstrumentsSupported
Forex(Majors,Minors,Exotics)✔
Commodities✔
Indices✔
Shares✔
Cryptocurrencies✔
Futures✔
ETFs❌
Bonds❌
What Can I Trade on HeroFX?

Account Types

HeroFX provides 4 types of trading accounts, including an Islamic option.

Also, a demo account is available.

Account Type100% BonusZero CommissionRaw SpreadIslamic Account
Key Features100% bonus up to $25,000Low Spreads (Starting at 1.5 pips)RAW Spreads (Starting at 0.00 pips)RAW Spreads (Starting at 0.01 pips)
RAW Spreads (Starting at 0.00 pips)0 CommissionsFlat rate CommissionsFlat rate Commissions
Flat rate CommissionsHedging EnabledHedging EnabledHedging Enabled
Hedging EnabledEA EnabledEA EnabledEA Enabled
EA EnabledAll PairsAll PairsNo Swap / Interest Adjustments
All Pairs
Account Types

HeroFX Fees

HeroFX provides a range of spreads and commissions depending on the account type:

Account TypeSpreadsCommissionsFeatures
100% BonusRAW (Starting at 0.00)Flat rate commissionsIncludes hedging, EA enabled, and all pairs
Zero CommissionLow (Starting at 1.5)ZeroIncludes hedging, EA enabled, and all pairs
Raw SpreadRAW (Starting at 0.00)Flat rate commissionsIncludes hedging, EA enabled, and all pairs
Islamic AccountRAW (Starting at 0.01)Flat rate commissionsNo swap/interest adjustments; all pairs
HeroFX Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable For
HeroFX Pro✔Desktop, Web, MobileAll traders
MT4❌Beginners
MT5❌Beginners
Trading Platform

Deposit and Withdrawal

HeroFX does not charge deposit or withdrawal fees, with a minimum deposit of $30.

Deposit OptionsMin. DepositFeesProcessing Time
Third-Party pay app(Cash App, Apple Pay, Google Pay)not mentioned$0not mentioned
Credit/Debit Cardnot mentioned$0Instant
Cryptocurrency(Bitcoin, Ethereum, USDT, USDC)From $30 to $250$0Instant

News

NewsCan you trust Hero Fx?

Finding a broker you can trust can be an arduous process. If you have been trading for years then you know just difficult brokers can become. It seems everywhere you turn there is a new scammer broker promising amazing trading conditions and guaranteeing same-day withdrawals yet doing the exact opposite. This is not to say all brokers are bad as some are regulated and verified and I will tell you more about that later. Today we will be reviewing Hero Fx and determine whether you can trust this broker or not.

WikiFX
2022-10-26 17:11
Can you trust Hero Fx?

NewsWikiFX Review: Can HeroFX be your "hero" in forex trading?

HeroFX is an online forex broker offering a series of financial instruments. However, due to the recent exposures, the reliability of HeroFX is suspicious. Therefore, WikiFX made a comprehensive review of this broker so that we can go deep into the details of this broker.

WikiFX
2022-10-24 15:50
WikiFX Review: Can HeroFX be your "hero" in forex trading?

ExposureBeware Of False Promotion Offered By Unregulated Forex Brokers Like HeroFX

Many individuals have found that trading forex may potentially provide significant gains. Nonetheless, as a consequence, several forex brokers now provide trading opportunities that may tempt investors to engage with them. A total of a trillion dollars is exchanged every day, which is why so many companies are active in this field.

WikiFX
2022-10-19 13:33
Beware Of False Promotion Offered By Unregulated Forex Brokers Like HeroFX
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User comment

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Comments

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Sosaiza
more than one year
Hey, I gotta say, Hero FX is pretty impressive when it comes to market instruments and getting started. With a wide range of options to trade and a minimum initial deposit that's pretty reasonable, it's a great platform for both beginners and experienced traders alike. Plus, the interface is user-friendly and the platform's overall reliability is top-notch. Definitely worth checking out!
Hey, I gotta say, Hero FX is pretty impressive when it comes to market instruments and getting started. With a wide range of options to trade and a minimum initial deposit that's pretty reasonable, it's a great platform for both beginners and experienced traders alike. Plus, the interface is user-friendly and the platform's overall reliability is top-notch. Definitely worth checking out!
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2024-07-09 11:46
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Chen Miyagi
more than one year
Hero FX offers a great selection of cryptocurrencies to trade. Exactly what I was looking for!
Hero FX offers a great selection of cryptocurrencies to trade. Exactly what I was looking for!
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2024-06-27 17:54
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