Hero FX claims to be a reliable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.

Besides, Hero FX claims its company address is in the British Virgin Islands. However, we did not find any match results to Hero FX in the British Virgin Islands Financial Services Commission (SVG FSA). That means Hero FX is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.