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herofx Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:55

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
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 Pro✔Desktop, Web, MobileAll traders
MT4❌Beginners
MT5❌Beginners
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

Related broker

Not Regulated
herofx
Company name:Hero FX Ltd
Score
2.05
Website:https://herofx.co/
2-5 years | Questionable Regulatory License | MT5 Full License | Regional Brokers
Score
2.05

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