[Sol]

I’ve been researching forex brokers and came across HeroFX. Their website looks pretty polished, and they’re advertising raw spreads, no commission, and fast withdrawals. But you know how it is… plenty of shady brokers look good until they don’t pay out.

Has anyone here got experience with HeroFX? How was the withdrawal process? Any issues with slippage, manipulation, or account freezing? I couldn’t find much about them on review sites that I trust.

Would love to hear from anyone with real experience, good or bad. I’m trying to avoid getting burned like I did with a so-called “ECN broker” last year. 😓

Thanks in advance!

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[James Barra]

Hi Sol,

Thanks for your message.

While our testing team haven’t yet conducted a full evaluation of HeroFX, I’ve done some preliminary digging and have a few concerns – despite the platform’s slick website and polished marketing.

The main issue is regulation. HeroFX is not licensed by any of the ‘green tier’ regulators listed in DayTrading.com’s Regulation & Trust Rating.

Instead, it’s registered in Saint Lucia – an offshore jurisdiction that some brokers use to sidestep the stricter oversight designed to protect retail traders from excessive risk and questionable trading practices.

If it was me, I’d opt for a well-regulated brokerage where you’re more likely to get strong account safeguards and recourse options in case of disputes.

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[Sol]

Alright, thaks for taking a look at them. I did think it was odd they weren’t that well known.

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[Steve]

Never heard of them but they look dodgy mate.

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[Author]

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