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/10

Hero FX

Saint Lucia | 2-5 years |
Suspicious Regulatory License | MT5 Full License | Global Business | High potential risk

https://herofx.co/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

HeroFX-Trade

United Kingdom
MT5
2

Influence

A

Influence index NO.1

United States 8.02

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
HeroFX-Trade MT5
Server Location United Kingdom

Influence

Influence

A

Influence index NO.1

United States 8.02
Surpassed 20.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@herofx.co
https://herofx.co/
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
https://www.facebook.com/heroFxofficial

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-08-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region
Saint Lucia
Operating Period
2-5 years
Company Name
Hero FX Ltd
Customer Service Email Address
support@herofx.co
Company Website
Company address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Greer

Unverified

India

Hero FX is a scam broker. Every time there’s news or any type of press release on any type of tradable asset, commodity Forex index, money, any type of currency any news the MT5 Or MT4 version of hero FX that they offer always freezes every time News is about to release hero FX is a scam they don’t let you trade news and if you’re trying to trade me, you will f u over because it will freeze on you and you can’t get out of the trade I hate this company I lost over $2000 trading on their platform because I was trading How do you say promoting hero FX? They’re all getting paid for it so hero FX can make their money back and scam all of these innocence treaters and get all of your retail traders money so don’t fall for any of 4X gurus on YouTube selling courses all of these promotional money.

Exposure

Two days ago

WaqarKhan

Unverified

Pakistan

You stop on 9-10-2022  That's your big scam No Regulatory No License 

Exposure

2022-10-30

RealHopeFX

Unverified

South Korea

they payment fee is 40$ and 5% payment. they take my 120$ for payment

Exposure

2022-08-05

FX3969170172

Unverified

United States

I've had a great experience with hero. Don't fall for this nonsense posted on here. 10x accounts are awesome! Raw spread accounts unmatched! (negative spread conditions) Not regulated? Thank you! I want a broker that gives me opportunities to trade like everyone else in the world gets the opportunities. Everyone knows "regulation" is just an expensive rubber stamp to market directly to clients in a specific jurisdiction. Regulated companies fail all the time. Google much? There are no deposit fees on crypto unless your exchange charges you a fee or if you use the debit/apple/gpay option and that's not hero charging the fee. Min deposit is $5. Withdraws are always almost in my wallet inside the hour. Most often under 15 mins. Support team is actually incredible, and the AI tool is the best for instant inquiry. Anyways, maybe that helps someone who's naive and buys the BS on here. 10/10 going on multiple years trading with Hero. Grateful! Test for yourself!

Positive

06-21

Sosaiza

Unverified

Japan

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!

Positive

2024-07-09

Chen Miyagi

Unverified

Singapore

Hero FX offers a great selection of cryptocurrencies to trade. Exactly what I was looking for!

Positive

2024-06-27

ᴀʜ тοяиɢ

Unverified

Russia

Absolutely loving❤ Hero FX for its swift transaction times! I've been trading there for a while, and I'm impressed by how quickly⚡ they handle withdrawals—often on the same day. The platform itself is straightforward, making it easy to navigate even for someone like me who isn't a tech wizard. A solid choice for traders who value efficiency and simplicity.

Positive

2024-06-21

FX9832716632

Unverified

United States

I used Herofx from August 2023 to December 31 2023. As a US client if I had to choose an unregulated broker it would be Herofx. They stopped taking US clients recently and I had an account before that so they said I wouldnt be affected. Theres always a possibility that something unfavorable happens and they use this as ammo for an argument. I dont like being at such a disadvantage to my broker so I decided to withdraw 3 days ago. My deposits were in Eth and they were always in my trading account within minutes. Withdrawals are the important part. I had a total of $3500 in deposits and $288 in withdrawals. Was the ease of withdrawal due to me losing money overall? Thats something I cant confidently answer. My withdrawal took 3 days through Eth and I received $269 from my $288 total, 8% lost. Herofx decided to update their servers and CRM and this update locked everyone out of their trading accounts from Dec 7 to Dec 29. After 22 days and no communication even after they resumed servers, I messaged support because I couldnt sign in to my old trading account on mobile but I could on PC. Seems like they were using a loophole in the Metatrader licensing that doesnt accept unregulated brokers anymore. All around too sketchy for me. Raw spreads account had less than 1 pip on forex pairs and 0.6-3 pips on gold. The commissions are very high though at $16 per lot. Too high 2 stars based on high commissions and fees, sketchy business events, no regulators, and slow withdrawals.

Neutral

2024-01-01

Dreams come True

Unverified

Portugal

Hero FX is my go-to broker for its competitive pricing and fast execution. The raw spreads starting at 0.01 pips and the option for zero commission trading suit my preferences. The support for both MT4 and MT5 is convenient, although I hope they introduce more platform options in the future.

Neutral

2023-12-05

kinkill

Unverified

Argentina

Hero FX is my preferred trading platform with its extensive range of trading instruments, including forex, stocks, and cryptocurrencies. The low minimum initial deposit of $20 and high leverage of 1:500 make it accessible for all types of traders. The choice of depositing in cryptocurrencies is a plus, offering flexibility. The 24/7 customer support is responsive via email and phone. However, I wish they provided more educational resources for beginners to enhance their trading skills.

Neutral

2023-12-04

RealHopeFX

Unverified

South Korea

$40 fee for both deposit/withdrawals fee and add a total of 5% payment

Exposure

2022-08-04

11
Account
Related Software
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
Related Software
Full License MT5
0
MT4 Servers
1
MT5 Servers
158.00
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Official website

Website

herofx.co
172.67.214.166
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

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 ProDesktop, Web, MobileAll traders
MT4Beginners
MT5Beginners
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

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Global Business
  • High potential risk

News

Hero FX Exposed: Withdrawal Denials, Trade Freezes & Scam Claims

Exposure Hero FX Exposed: Withdrawal Denials, Trade Freezes & Scam Claims

Facing trade freezes and subsequent losses at Hero FX whenever there is important news about to break? Does the broker charge you excessive withdrawal fees? Does the MT5 trading platform provided by Hero FX function too slowly? Are you disappointed with its poor customer support service? You have, unfortunately, trusted the scam forex broker, which has been in the news for all these wrong reasons. Many traders have expressed these concerns on several review platforms. In this article, we have shared their concerns. Have a look.

2025-08-22 18:33

Can you trust Hero Fx?

News Can 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.

2022-10-26 17:11

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

News WikiFX 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.

2022-10-24 15:50

Beware Of False Promotion Offered By Unregulated Forex Brokers Like HeroFX

Exposure Beware 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.

2022-10-19 13:33

User Reviews 11

All (11) Positive (4) Neutral (3) Exposure (4)
FX9832716632
3-5 years
Neutral
Unregulated Broker Herofx: Funds Withdrawal Woes & Suspicious Practices Exposed
I used Herofx from August 2023 to December 31 2023. As a US client if I had to choose an unregulated broker it would be Herofx. They stopped taking US clients recently and I had an account before that so they said I wouldnt be affected. Theres always a possibility that something unfavorable happens and they use this as ammo for an argument. I dont like being at such a disadvantage to my broker so I decided to withdraw 3 days ago. My deposits were in Eth and they were always in my trading account within minutes. Withdrawals are the important part. I had a total of $3500 in deposits and $288 in withdrawals. Was the ease of withdrawal due to me losing money overall? Thats something I cant confidently answer. My withdrawal took 3 days through Eth and I received $269 from my $288 total, 8% lost. Herofx decided to update their servers and CRM and this update locked everyone out of their trading accounts from Dec 7 to Dec 29. After 22 days and no communication even after they resumed servers, I messaged support because I couldnt sign in to my old trading account on mobile but I could on PC. Seems like they were using a loophole in the Metatrader licensing that doesnt accept unregulated brokers anymore. All around too sketchy for me. Raw spreads account had less than 1 pip on forex pairs and 0.6-3 pips on gold. The commissions are very high though at $16 per lot. Too high 2 stars based on high commissions and fees, sketchy business events, no regulators, and slow withdrawals.
2024-01-01

United States

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