HeroFX offers 3 major accounts: Raw Spread, Islamic, No Commission
Below is the full list of account types offered by HeroFX:
- Raw Spread account
- Islamic Account
- No Commission Account
HeroFX Raw Spread Account: Best for Beginners
HeroFX Raw Spread Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.
Key Features:
- Applicable For: Applicable to traders of all jurisdictions.
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: FX, CFDs & Cryptos
- Trading Platforms: Desktop Terminal, WebTrader, Trading App
- Minimum Deposit: BTC is $250.
- Maximum Leverage: 1:1000
- Trading Fees: Flat-rate Commissions. Variable spreads from 0.01 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 50 Lots
- Funding Currencies: BTC/ ETH/ USDT (ERC-20)
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 50%
- Negative balance Protection: Yes
- Investor Protection: No investor protection is Available.
Islamic Account
Key Features:
- Applicable For: Applicable to traders of all jurisdictions.
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: FX, CFDs & Cryptos
- Trading Platforms: Desktop Terminal, WebTrader, Trading App
- Minimum Deposit: BTC is $250.
- Maximum Leverage: 1:1000
- Trading Fees: Flat-rate Commissions. Variable spreads from 0.01 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 50 Lots
- Funding Currencies: BTC/ ETH/ USDT (ERC-20)
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 50%
- Negative balance Protection: Yes
- Investor Protection: No investor protection is Available.
Islamic
Key Features:
- Applicable For: Applicable to traders of all jurisdictions.
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: FX, CFDs & Cryptos
- Trading Platforms: Desktop Terminal, WebTrader, Trading App
- Minimum Deposit: BTC is $250.
- Maximum Leverage: 1:1000
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1.5 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 50 Lots
- Funding Currencies: BTC/ ETH/ USDT (ERC-20)
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 20%
- Margin Call Level: 50%
- Negative balance Protection: Yes
- Investor Protection: No investor protection is Available.
