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Hero Markets -

Regulated

Score

0 1 2 3 4 5 6 7 8 9

/10

Hero Markets

Cyprus | 1-2 years |

https://www.heromarkets.com/

Website

Open Account Time Machine

Rating Index

Influence

Influence index NO.1

Norway 2.95

Surpassed 54.00% brokers

Biz Area Search Statistics Advertising Social Media Index

Contact

support@heromarkets.com

https://www.heromarkets.com/

148 Strovolos Avenue, 2048, Strovolos, Nicosia, Cyprus

https://www.facebook.com/HeromarketsNorge

Licenses

CYSEC Regulated

Cyprus Market Maker (MM)

FSCA Unverified

South Africa Financial Service Corporate

VPS Standard

No restriction on the broker account

Single Core

40G

1M*ADSL

WikiFX Risk Alerts

2025-08-29

The broker's claimed South AfricaFSCA regulation (Regulation Number: 47857) has not been verified. Please be alert to the risks!

Basic Information

Registered Region

Cyprus

Operating Period

1-2 years

Company Name

Trade Capital Markets (TCM) Ltd

Abbreviation

Hero Markets

Company employee

Customer Service Email Address

support@heromarkets.com

Company Website

https://www.heromarkets.com/

Company address

148 Strovolos Avenue, 2048, Strovolos, Nicosia, Cyprus

Facebook

https://www.facebook.com/HeromarketsNorge

Instagram

https://www.instagram.com/heromarkets_no/

Keywords 7

1-2 years

Regulated in Cyprus

Market Maker (MM)

Self-developed

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

Account

Related Software

Biz Area

Website

Genealogy

Relevant Enterprises

Employees

Company Summary

Wiki Q&A

Comment

Account

Environment

Currency

Maximum Leverage

SupportedEA

Minimum Deposit

$50000

Minimum Spread

Depositing Method

Withdrawal Method

Minimum Position

Commission

Products

Updated： 2025-08-29

Related Software

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

Trading Software

Good

Trading Software

Good

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Details

Official website

Website

heromarkets.com

172.67.139.131

Server Location

United States

ICP registration

Most visited countries/areas

Domain Effective Date

Website

Company

Genealogy

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Clones

Unverified

Relevant Enterprises

UPWARDS AS(Norway)

Active

Norway

Registration No.

933036642

Established

2023-09-04

TRADE CAPITAL MARKETS (TCM) LTD(Cyprus)

Active

Cyprus

Registration No.

HE324232

Established

2013-08-05

Employees

ΜΙΧΑΛΗΣ ΦΙΛΙΠΠΟΥ

Director

Start date

Status

Employed

TRADE CAPITAL MARKETS (TCM) LTD(Cyprus)

MARK LAUTERSTEIN

Director

Start date

Status

Employed

TRADE CAPITAL MARKETS (TCM) LTD(Cyprus)

ΑΧΙΛΛΕΑΣ ΠΕΛΕΚΑΝΟΣ

Director

Start date

Status

Employed

TRADE CAPITAL MARKETS (TCM) LTD(Cyprus)

Company Summary

Hero Markets Review Summary
Founded	2016
Registered Country/Region	Cyprus
Regulation	CYSEC (regulated), FSCA (exceeded)
Market Instruments	Forex, commodities, indices, cryptos, shares, CFDs
Demo Account	✅
Leverage	Up to 1:2 (Crypto)
EUR/USD Spread	12
Trading Platform	WebTrader
Minimum Deposit	€100
Customer Support	Facebook, Instagram, LinkedIn
Customer Support	Email: support@heromarkets.com (Sunday 22:00 - Friday 22:00 GMT)

Hero Markets, founded in 2016 and registered in Cyprus, is a financial company regulated by the Cyprus Securities and Exchange Commission (CYSEC),but their FSCA license status is listed as exceeded. It offers diverse tradable instruments like forex, commodities, indices, cryptocurrencies, shares, and CFDs with a minimum deposit of €100.Moreover, trading is supported through its WebTrader.

Pros and Cons

Pros	Cons
Regulated by CYSEC	Exceeded FSCA license
Demo accounts available	Limited customer support channels
A wide range of trading products	MT4 & MT5 unavailable
No fees for deposits/withdrawals	Inactivity fee charged

Is Hero Markets Legit?

Yes, Hero Markets is currently regulated by CYSEC, holding a Market Maker (MM) License,while its Financial Service Corporate license under the FSCA has been exceeded.

Regulated Country	Regulated Authority	Regulated Entity	Current Status	License Type	License Number
	Cyprus Securities and Exchange Commission (CySEC)	Trade Capital Markets (TCM) Ltd	Regulated	Market Maker (MM)	227/14
	Financial Sector Conduct Authority (FSCA)	TRADE CAPITAL MARKETS (TCM) LTD	Exceeded	Financial Service Corporate	47857

What Can I Trade on Hero Markets?

On Hero Markets, you can trade with Forex, commodities, indices, cryptos, shares, and CFDs.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Shares	✔
Bonds	❌
Options
ETFs	❌
Mutual Funds	❌

Leverage

The maximum leverage for crypto is up to 1:2. This limited leverage is often in place due to the inherent volatility and risk associated with cryptocurrency trading.

Spreads and Commissions

The spread for EUR/USD is 12, and there is no commission. For more details, you can refer to their website and download the spreads overview.

Fees

The minimum deposit at Hero Markets is €100.According to their website, there are no other fees for live course data, account documentation fees, etc.

But note that if there is no trading activity for more than 90 days, we charge a monthly fee.

For inactive accounts over a period of more than 12 months, an annual inactivity fee will be charged.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
WebTrader	✔	iOS, Android	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Hero Markets supports payment methods through PayPal, NETELLER, Skrill, and VISA.And you will not be charged any deposit or withdrawal fees as they are covered by Hero Markets.