Does HeroFX Support MT4 for 2025

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Written by
Ryan Hardy sitting before his forex trading desk
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If you’re a forex trader looking for an offshore broker, you may have come across HeroFX. HeroFX is one of the most popular unregulated forex brokers. It accepts clients from all over the world. However,  does HeroFX support MT4, one of the most popular trading platforms? 

Finding a brokerage that is compatible with the platform you prefer is important for your smooth trading experience. Let’s explore whether HeroFX is working with MT4. We will also discuss other trading platforms and tools used by HeroFX, its alternatives, and so on. 

So let’s get started  ….. 

Does HeroFX work with MT4?

No, HeroFX currently does not support MT4 as its trading platform. The platform has chosen to implement the Tradelocker trading platform instead. Tradelocker represents the next generation of day trading platforms, strategically designed to meet the demands of forex traders and brokers. 

HeroFX at a Glance

HeroFX at a Glance
  • Founded Year: 2020
  • Location: Saint Lucia
  • Minimum Deposit: $20
  • Maximum Leverage: 1:500
  • Regulations: None (Unregulated Offshore Broker) 
  • Trading platform: HeroFX
  • Account Types: Zero, Pro, Prime
  • Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
  • Payment Options: Crypto deposits and withdrawals
  • US Traders: Accepted 

What Trading Platforms Does HeroFX Use?

HeroFX currently uses the Traderlocker trading platform. TradeLocker is next-generation trading platforms that offer advanced charting facilities 

HeroFX Alternatives

HeroFX is a well-known offshore broker. However, other offshore forex brokers can serve as alternatives to HeroFX. Some of the alternative offshore brokers even offer MT5 Trading Platforms. For example, Plexytrade offers both MT4 and MT5 Trading Platforms. These alternative brokers include

Best for US Traders
Plexytrade

Plexytrade

  • Founded In:  2024
  • Minimum Deposit: $50
  • Maximum Leverage: 1:2000
  • Regulations: None
  • Trading Platforms: MT4, MT5
  • Trading Instruments: Forex, cryptos, commodities, indices and stocks CFDs
Best for Non US Traders
LMFX

LMFX

  • Founded In:  2015
  • Minimum Deposit: $5
  • Maximum Leverage: 1:1000
  • Regulations: None ( Offshore Forex Broker) 
  • Trading Platforms : MT4, WebTrader, Mobile Trader
  • Trading Instruments: Forex, Indices, Commodities, Metals, Energy, Shares 
Fyntura

Fyntura

  • Founded Year:  2020
  • Location: Seychelles
  • Minimum Deposit: $10
  • Maximum Leverage: 1:500
  • Regulations: None (Unregulated Offshore Broker) 
  • Trading Platforms: MT4
  • Trading Instruments: Forex, cryptos, commodities, indices and stocks CFDs
LonghornFX

LonghornFX

  • Founded In:  2020
  • Minimum Deposit: $10
  • Maximum Leverage: 1:500
  • Regulations: None (offshore forex broker)
  • Trading Platforms: MT4
  • Trading Instruments: Forex, cryptos, commodities, indices and stocks CFDs
Eaglefx

Eaglefx

  • Founded In:  2019
  • Minimum Deposit: $20
  • Maximum Leverage: 1:500
  • Regulations: None
  • Trading Platforms : MT4, MT4 Webtrader, MT5 Mobile trader
  • Trading Instruments: forex, cryptos, commodities, indices and stocks CFDs
  • US Clients: Currently not accepted 

Frequently Asked Questions (FAQs)

What is 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.

What is the MT4 Trading Platform?

Metatraders 4 (MT4)  is a widely used electronic trading platform for forex and other financial instruments. It offers a user-friendly interface, advanced charting tools, and support for automated trading through Expert Advisors (EAs). Traders can execute trades, conduct technical analysis, and implement automated strategies on the MT4 platform.

What are the alternatives to MT4 Trading Platforms?

MT4 is the most popular trading platform in the forex trading world. However,there are several trading platforms that serves as alternatives to MT4. They include. 

  • MT5 (MetaTrader5): Released in 2010, MT5 is the successor of MT4. Metatrader 5 offers more timeframe, more control, and advanced technology. 
  • Ctrader: Known for its user-friendly interface and advanced charting tools.
  • Tradingview: A web-based platform appreciated for its social trading features and customizable charts.
  • Etoro Platforms: Etoro offers a range of trading platforms, known for its social trading network.

Final Verdict :

HeroFX does not use the MT4 Trading platform as its trading platform. Instead, they use Tradelocker as their trading platform. 

Tradelocker, powered by Tradingview provides a range of features and tools for executing trades, managing positions, and analysing markets. Although it may differ from the familiar MT4 interface, Tradelocker is designed to offer a user-friendly and efficient trading experience. 

Trading forex and CFDs comes with the risk of losing your trading capital. Moreover, trading with unregulated brokers like HeroFX  puts your funds at higher risks