FSCASouth AfricaTier 2Licence number
47857
View licence record- Licence holder
- Held by HEROMARKETS
- Licence type and regime
- Financial Service Corporate
- Offshore
Not checkedUpdated
At a glance
Regulation on record for HEROMARKETS
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
HEROMARKETS has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for HEROMARKETS, strongest authority first.
2 records
- FSCASouth AfricaTier 2
CySECCyprusTier 2Licence number
227/14
View licence record- Licence holder
- Held by HEROMARKETS
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
Protection
What this licence protects
FSCA's own rules for the firms it authorises.
- Compensation schemeUp to ZAR 500,000
- Complaints routeFSCA Dispute Resolution
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by HEROMARKETS
Answered from the register entries on this page.
Most Popular Questions
HEROMARKETS is authorized to offer trading in Forex, Stocks, Options, Derivatives, Commodities, Securities, Futures, and CFDs. Binary options trading is subject to specific trading limits under its regulatory framework.
According to WIKILIX data on HEROMARKETS, the maximum leverage available is 2. This is significantly lower than the highest leverage allowed by its regulators, which is up to 30.
The minimum deposit amount to open an account with HEROMARKETS is 100 EUR. Additional details about account types or tiers are not specified in the provided context.
HEROMARKETS accepts deposits via Skrill, Neteller, PayPal, and Nuvei bank transfers. Deposits through Skrill and Neteller are processed instantly with no deposit or withdrawal fees charged by the broker. However, clients may incur fees from their banks or payment providers.
Trade Capital Markets (TCM) Ltd, operating as HEROMARKETS, is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) of South Africa. It holds onshore licenses and provides client fund insurance up to €20,000 under CySEC and ZAR 500,000 under FSCA. The broker operates with high transparency and follows regulatory complaint mechanisms.
HEROMARKETS has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
HEROMARKETS holds licence records issued by FSCA, CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by HEROMARKETS come from tier-1 or tier-2 authorities (0 tier-1, 2 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by HEROMARKETS has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
HEROMARKETS has licence records in South Africa, Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.