HEROMARKETS Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-08 11:03

Abstract：Hero Markets offers forex, commodities, indices, cryptocurrencies, shares, and CFDs trading with a minimum deposit of €100 on the WebTrader platform.

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.