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 |
| 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.
