HEROX MARKETS

Herox Markets exhibits a high-risk profile. The entity carries an extremely low WikiFX Score of 1.10 out of 10, which reflects significant operational concerns. A critical factor in this assessment is its lack of any valid, authoritative forex trading licenses. The complete absence of regulated financial oversight means client funds are not protected by standard safeguards such as segregation or investor compensation schemes. Furthermore, the broker has been flagged with a 'Suspicious Scope of Business' designation, indicating potential inconsistencies in its advertised services.

No, Herox Markets is not regulated. The broker operates without oversight from any recognized global financial authority. Its registration and licensing status confirms it holds zero valid forex trading licenses. Operating from the United Kingdom without authorization from the Financial Conduct Authority (FCA) places it entirely outside the regulated financial system. This status means it is not subject to the rules, capital requirements, and client fund protections that licensed brokers must adhere to.

Herox Markets offers multiple account tiers with varying minimum deposit requirements. The lowest entry point is the BEGINNER account, which requires a $300 minimum deposit. For higher-tier accounts, the BASIC account requires $3,000, the STANDARD account requires $25,000, and the BUSINESS account requires $100,000. A TEST account is also listed with a $500 minimum deposit.

The specific trading platforms supported by Herox Markets are not explicitly listed in its published specifications. While all listed account types support the use of automated trading scripts (Expert Advisors or EAs), which are commonly associated with the MetaTrader suite, the broker does not confirm access to MT4 or MT5. Traders interested in platform compatibility should verify this directly with the broker before committing any funds.