Hero FX Forex Broker

HeroFX Review SummaryFounded2023Registered Country/RegionSaint LuciaRegulationNot regulatedMarket InstrumentsForex, Commodities, Indices, Stocks, Futures, CryptosDemo Account✔Trading PlatformHeroFX Pro (Desktop, Web, Mobile)Min Deposit$30Customer SupportPhone: Not availableEmail: support@herofx.co24/7 Online Chat: YesPhysical Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros Islet, Saint LuciaHeroFX 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.Pros and ConsProsConsOffering many account typesUnregulatedLow minimum deposit of $30No phone supportDemo account providedIs HeroFX Legit? HeroFX is an unregulated platform.What Can I Trade on HeroFX? HeroFX offers Forex(Majors,Minors,Exotics), stocks, commodities, indices, cryptocurrencies and futures.Tradable InstrumentsSupportedForex(Majors,Minors,Exotics)✔Commodities✔Indices✔Shares✔Cryptocurrencies✔Futures✔ETFs❌Bonds❌Account Types HeroFX provides 4 types of trading accounts, including an Islamic option. Also, a demo account is available.Account Type100% BonusZero CommissionRaw SpreadIslamic AccountKey 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 CommissionsFlat rate CommissionsHedging EnabledHedging EnabledHedging EnabledHedging EnabledEA EnabledEA EnabledEA EnabledEA EnabledAll PairsAll PairsNo Swap / Interest AdjustmentsAll PairsHeroFX Fees HeroFX provides a range of spreads and commissions depending on the account type:Account TypeSpreadsCommissionsFeatures100% BonusRAW (Starting at 0.00)Flat rate commissionsIncludes hedging, EA enabled, and all pairsZero CommissionLow (Starting at 1.5)ZeroIncludes hedging, EA enabled, and all pairsRaw SpreadRAW (Starting at 0.00)Flat rate commissionsIncludes hedging, EA enabled, and all pairsIslamic AccountRAW (Starting at 0.01)Flat rate commissionsNo swap/interest adjustments; all pairsTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable ForHeroFX Pro✔Desktop, Web, MobileAll tradersMT4❌BeginnersMT5❌BeginnersDeposit and Withdrawal HeroFX does not charge deposit or withdrawal fees, with a minimum deposit of $30.Deposit OptionsMin. DepositFeesProcessing TimeThird-Party pay app(Cash App, Apple Pay, Google Pay)not mentioned$0not mentionedCredit/Debit Cardnot mentioned$0InstantCryptocurrency(Bitcoin, Ethereum, USDT, USDC)From $30 to $250$0Instant