What Account Types and Fees Does HeroFx Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Starter Plan |
Beginners or small-scale investors |
Low minimum deposit, accessible for new traders |
Suitable for those new to trading |
| Standard Plan |
Intermediate investors with moderate capital |
Increased daily profit rate, moderate deposit requirement |
Best for traders with some experience |
| Classic Plan |
Larger investors seeking higher returns |
Higher daily profit potential, significant investment |
Ideal for those with substantial capital |
| Executive Plan |
High-net-worth individuals |
Premium services, exclusive features |
Requires higher investment threshold |
| Expert Plan |
Very large investors targeting top-tier profits |
Top-tier profit rate, high minimum investment |
Designed for serious investors |
| Partnership Plan |
Institutional or ultra-high-net-worth investors |
Unlimited maximum deposit, tailored services |
Requires corporate documentation |
Account Opening Process
To open an account with HeroFx, you need to follow these steps: First, submit your personal information including name, date of birth, and contact details. Next, provide employment information, including your job title and employer’s name. Following this, you will need to disclose your financial situation, including income and net worth. Identity verification is essential and requires submitting a government-issued ID and proof of address (e.g., utility bill). HeroFx offers account flexibility, allowing users to upgrade to a professional account later if they meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (USD/JPY) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive rates for minors |
| CFDs (Stock Index) |
1.5 |
$2.0 |
Standard fees on stock indices |
| CFDs (Commodities) |
2.0 |
$2.5 |
Includes oil and gold |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
In addition to trading fees, HeroFx may charge for deposits and withdrawals, with fees varying based on the payment method. Additionally, inactivity fees may apply if your account remains dormant for an extended period. If applicable, platform usage fees could be charged for specific services. Overnight interest, also known as swap rates, may apply to positions held overnight. Furthermore, currency conversion fees could be incurred when trading in currencies different from your account’s base currency.
