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HERO Forex Broker keeps up-to-date with the latest trading account information, including ECN account, VIP account, Standard account maximum leverage of --, trading varieties, and more

Rating Index

Pros

Regulated by ASIC, providing a level of oversight and security for traders.
User-friendly trading platform (MT4) with advanced features suitable for both beginners and experienced traders.
Flexible leverage options available, allowing traders to choose according to their risk tolerance.

Cons

Limited product offerings compared to other brokers, which may restrict trading opportunities.
Monthly deposit fees apply, which can increase the cost of trading.
Customer support options are limited, with no live chat available for immediate assistance.

HERO broker Accounts

ECN account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 30,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

VIP account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 2,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

Standard account

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 100
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--

HERO Account Type

HERO offers three major account types to cater to the diverse needs of traders:

  • Standard Account
    • Minimum Deposit: $100
    • Leverage: Up to 1:100
    • Spread: Average EUR/USD spread is 0.2 pips.
    • Commission: None specified.
    • VIP Account
      • Minimum Deposit: $2,000
      • Leverage: Up to 1:100
      • Spread: More competitive spreads compared to the standard account.
      • Commission: None specified.
      • ECN Account
        • Minimum Deposit: $30,000
        • Leverage: Up to 1:100
        • Spread: Average EUR/USD spread is 0.2 pips.
        • Commission: May apply based on trading volume.

        Each account type is designed to meet different trading styles and levels of experience, providing flexibility for traders.

        HERO Broker Account Opening Process

        To open an account with HERO, follow these steps:

        • Visit the HERO Website: Go to the official HERO website.
        • Choose Account Type: Select the type of account you wish to open (Standard, VIP, or ECN).
        • Fill Out Application Form: Complete the online application form with your personal information, including your name, email, phone number, and address.
        • KYC Verification: Submit the required documents for identity verification, which may include a government-issued ID and proof of address.
        • Fund Your Account: Make an initial deposit based on the minimum requirement for the chosen account type. The minimum deposit for a Standard account is $100.
        • Start Trading: Once your account is verified and funded, you can begin trading on the HERO platform.
        • These steps ensure that you have a secure and compliant trading experience.

          For more details, you can visit the following sources:

          • WikiFX HERO Review
          • Brokersway HEROFX Account Types
          • WikiFX HERO Spreads, Leverage, Minimum Deposit

HERO accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $ 30,000 by (2+) --.
HERO Account