Nash Markets and HeroFX are two popular offshore forex and CFD brokers that offer online trading services to traders and investors worldwide. Both brokers accept U.S. clients and provide trading facilities with no FIFO rule, high leverage, low fees, and tight spreads without restrictions. Although these brokers offer similar services, each has its strengths and weaknesses.
In this article, we will compare and review Nash Markets and HeroFX by exploring their trading conditions, instruments, minimum deposits, fees, features, and customer support. This comparison and research will help you determine which broker is better suited to your trading style and preferences.
Nash Markets vs HeroFX: In a Nutshell
Nash Markets
Founded in 2020, Nash Markets is an online forex and CFD broker. It is an offshore forex broker that offers 138 forex pairs, stocks, indices, commodities, and cryptocurrency services to traders worldwide. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of Nash Markets is as high as 1:500.
Nash Markets at a Glance
- Founded Year: 2020
- Headquarters: Marshal Island
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: TradeLocker
- Account Types: Standard, Pro, Var, Mini, Cryptos
- Trading Style: Trading Styles: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Cryptocurrencies (ETH, LTC, XRP, DOGE, USDT)
- US Traders: Accepted
HeroFX
Founded in 2020, HeroFX is an online forex and CFD broker. It is an offshore forex broker that offers 100+ trading instruments including 71 forex pairs, 59 Stock CFDs, and 30 Cryptocurrencies. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of HeroFX is as high as 1:500.
HeroFX at a Glance
- Founded Year: 2020
- Location: Saint Lucia
- Minimum Deposit: $20
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: HX4, HX5
- Account Types: Zero, Pro, Prime
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Crypto deposits and withdrawals
- US Traders: Accepted
Nash Markets vs HeroFX: Side By Side Comparison
Nash Markets vs HeroFX: Pros and Cons
Nash Markets Pros & Cons
- Low Minimum Deposit – Starting from as low as $10
- Maximum leverage is as high as 1:500
- Allow Crypto CFD Trading
- Demo Accounts are Available
- Higher Leverage for US, and EU clients.
- Allow Scalping, EA Trading, and News Trading
- Nash Markets Accepts Crypto Deposits
Cons:
- Unregulated offshore forex broker
- Only Crypto Deposit and Withdrawals are available
- Spread sometimes widens during market volatility
- No Managed Account Options
- No Meta Trader ( MT4/MT5) trading platforms.
HeroFX Pros & Cons
- Low Minimum Deposit- You may deposit as low as $20
- Allow Crypto CFD Trading
- Demo Accounts are Available
- Higher Leverage for US, and EU clients. Maximum leverage is as high as 1:500
- Allow Scalping, EA Trading, and News Trading
- HeroFX Accepts Crypto Deposits
- Unregulated offshore forex broker
- Limited Deposit and Withdrawal Option
- No Managed Account Options
Final Thoughts:
Nash Markets and HeroFX are unregulated offshore forex and CFD brokers in the industry. They offer similar trading services; they both allow scalping, hedging, EA trading, and Copy trading EA. The minimum order size for both of them is 0.01
However, there are a few areas where you may find some differences. For example, Nash Markets supports TradeLocker trading platforms. On the other hand, HeroFX support Desktop Terminal, WebTrader, Trading App trading platform. The minimum deposit for Nash Markets is $10, whereas the minimum deposit for HeroFX is $20. Additionally, the maximum leverage for Nash Markets is 500:1, while the maximum leverage for HeroFX is 500:1.
Our score for Nash Markets is 4.4, and for HeroFX, it is 4.5 So, If you are looking for a high-leverage offshore broker with TradeLocker trading platform you may choose Nash Markets. However, if you prefer to use Desktop Terminal, WebTrader, Trading App, you may choose HeroFX.
Disclaimer: Trading forex and CFDs comes with the risk of losing your trading capital. Moreover, trading with offshore forex brokers puts your funds at higher risks
