HERO MARKETS LTD is an official website domain name registered on July 26, 2023, for a contract for differences (CFD) brokerage website. It primarily offers investors trading services in commodities, stock indices, indices, and CFDs among other financial derivatives. The headquarters address of the company is unknown. This broker does not provide services to jurisdictions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status:
The official website of HERO MARKETS LTD does not disclose its company registration entity information and regulatory information. Upon enquiry, there is only one British company sharing the same name as this broker, but the relationship between the two cannot be determined. Moreover, the broker's regulatory registration information could not be found with any official financial regulatory bodies in any jurisdiction.
Account Opening:
To open an account with HERO MARKETS LTD: Visit the broker's official website, click on "Logging in User Center" on the homepage or "Register" at the top right corner of the webpage to enter the account registration page. Complete the form with personal information such as name, email address, and set a login password before submitting. Upon submission, the account registration will be successful.
Trading Account Information:
HERO MARKETS LTD has not disclosed the types of trading accounts it offers, spreads, account currencies, trading leverage, maximum trading volume, maximum number of open orders, minimum price precision, types of order execution, etc. It only provides limited information such as trading leverage and commissions for three kinds of trading instruments: commodities, stock CFDs, and indices.
Commodities:
- Minimum deposit amount: $100
- Maximum trading leverage: 1:200
- Minimum trading volume: 0.01 lots
Stock CFDs:
- Trading instruments: 800+ well-known company stocks
- Maximum trading leverage: 1:10
- Trading commission: $0
Indices:
- Trading instruments: 30+ stock indices
- Maximum trading leverage: 1:200
- Trading commission: $0
Trading Platform:
HERO MARKETS LTD offers the ST5 trading platform to its users.
Deposits and Withdrawals:
HERO MARKETS LTD has not clearly disclosed the supported methods of deposits and withdrawals, the fees, or the minimum amounts for deposits and withdrawals on its official website.
Affiliate Program:
HERO MARKETS LTD offers affiliates high rebate ratios, free training courses, rich rewards, a variety of trading products, custom exclusive affiliate activities, low trading costs, and a high rebate system.
Conclusion:
Traderknows reminds investors that HERO MARKETS LTD is a brokerage website with opaque corporate entity registration and regulatory information. Users can only contact this brokerage through email, with extremely limited contact options. Additionally, the product details page of this brokerage website does not match its homepage promotion, raising suspicions of false advertising. Traderknows advises investors to stay away from this brokerage website and to choose brokers with strong regulation and good reputation for investment activities, in order to avoid unnecessary financial losses.
Currently, this brokerage is marked as "suspected of fraud" on Traderknows.