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Abstract:Hero FX is a forex and CFD broker that offers trading services on over 200 financial instruments including forex, indices, commodities, and cryptocurrencies. The company operates with raw spreads starting from 0.01 pips on its RAW SPREAD account, and offers leverage up to 1:500. It accepts multiple deposit methods including Bitcoin, Ethereum, and USDT, and provides customer support 24/7 via email and phone. However, the company does not offer any educational resources for traders. Hero FX is registered in the British Virgin Islands and operates under no regulations.
HeroFX Review Summary | |
Founded | 2023 |
Registered Country/Region | Saint Lucia |
Regulation | Not regulated |
Market Instruments | Forex, Commodities, Indices, Stocks, Futures, Cryptos |
Demo Account | ✔ |
Trading Platform | HeroFX Pro (Desktop, Web, Mobile) |
Min Deposit | $30 |
Customer Support | Phone: Not availableEmail: support@herofx.co24/7 Online Chat: YesPhysical Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros Islet, Saint Lucia |
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.
Pros | Cons |
Offering many account types | Unregulated |
Low minimum deposit of $30 | No phone support |
Demo account provided |
HeroFX is an unregulated platform.
HeroFX offers Forex(Majors,Minors,Exotics), stocks, commodities, indices, cryptocurrencies and futures.
Tradable Instruments | Supported |
Forex(Majors,Minors,Exotics) | ✔ |
Commodities | ✔ |
Indices | ✔ |
Shares | ✔ |
Cryptocurrencies | ✔ |
Futures | ✔ |
ETFs | ❌ |
Bonds | ❌ |
HeroFX provides 4 types of trading accounts, including an Islamic option.
Also, a demo account is available.
Account Type | 100% Bonus | Zero Commission | Raw Spread | Islamic Account |
Key Features | 100% bonus up to $25,000 | Low 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 Commissions | Flat rate Commissions | Flat rate Commissions | |
Flat rate Commissions | Hedging Enabled | Hedging Enabled | Hedging Enabled | |
Hedging Enabled | EA Enabled | EA Enabled | EA Enabled | |
EA Enabled | All Pairs | All Pairs | No Swap / Interest Adjustments | |
All Pairs |
HeroFX provides a range of spreads and commissions depending on the account type:
Account Type | Spreads | Commissions | Features |
100% Bonus | RAW (Starting at 0.00) | Flat rate commissions | Includes hedging, EA enabled, and all pairs |
Zero Commission | Low (Starting at 1.5) | Zero | Includes hedging, EA enabled, and all pairs |
Raw Spread | RAW (Starting at 0.00) | Flat rate commissions | Includes hedging, EA enabled, and all pairs |
Islamic Account | RAW (Starting at 0.01) | Flat rate commissions | No swap/interest adjustments; all pairs |
Trading Platform | Supported | Available Devices | Suitable For |
HeroFX Pro | ✔ | Desktop, Web, Mobile | All traders |
MT4 | ❌ | Beginners | |
MT5 | ❌ | Beginners |
HeroFX does not charge deposit or withdrawal fees, with a minimum deposit of $30.
Deposit Options | Min. Deposit | Fees | Processing Time |
Third-Party pay app(Cash App, Apple Pay, Google Pay) | not mentioned | $0 | not mentioned |
Credit/Debit Card | not mentioned | $0 | Instant |
Cryptocurrency(Bitcoin, Ethereum, USDT, USDC) | From $30 to $250 | $0 | Instant |
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.