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HERO MARKETS LTD

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Operating status: SCAM

Website: https://www.heromarketsltd.com/

Broker violations and abnormal records
  • 2024-01-14 BrokersView has reviewed that HERO MARKETS LTD is an unregulated broker

    HERO MARKETS LTD fails to disclose any licensing information, which is often seen as a significant indicator of a scam.

    While the broker purports to have been founded in 2006, its domain name, heromarketsltd.com, was first registered in July 2023. This inconsistency raises questions about its credibility.

    On its "Contact Us" page, HERO MARKETS LTD does not provide a physical address or phone numbers for communication. Investors are only given an email address to contact its team. If the company goes out of business or disappears, this method of communication will also vanish. This considerable lack of transparency casts doubt on the legitimacy and authenticity of HERO MARKETS LTD.

    In essence, HERO MARKETS LTD is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    HERO MARKETS LTD appears to be a scam.

    HERO MARKETS LTD fails to disclose any licensing information, which is often seen as a significant indicator of a scam.While the broker purports to have been founded in 2006, its domain name, heromarketsltd.com, was first registered in July 2023. This inconsistency raises questions about its credibility.On its "Contact Us" page, HERO MARKETS LTD does not provide a physical address or phone numbers for communication. Investors are only given an email address to contact its team. If the company goes out of business or disappears, this method of communication will also vanish. This considerable lack of transparency casts doubt on the legitimacy and authenticity of HERO MARKETS LTD.In essence, HERO MARKETS LTD is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.HERO MARKETS LTD appears to be a scam.

Related Complaints

Q&A Complaints

Urgent: Pending Transaction Approval Required

Abhitaz Khan
India
2024-02-07
ANSWER We deeply regret to inform you that our investigation has led us to believe that HERO MARKETS LTD may not be a legitimate operation. It seems to display several characteristics typically associated with fraudulent investment schemes, such as the absence of company profiles and necessary operational licenses, limited and potentially unreliable communication channels, and a self-described history that contradicts the recent registration of their domain name. It's worth noting that BrokersView has previously flagged HERO MARKETS LTD as a potential scam.We understand that you're facing difficulties with withdrawing your funds from HERO MARKETS LTD. Unfortunately, this is a common strategy employed by fraudulent entities to steal your money. The balance displayed in your account may not reflect the actual amount, except for the initial investment you made. These entities often create an illusion of significant profits in a short span of time to convince investors. However, when investors attempt to withdraw their funds, they frequently encounter obstacles. This eagerness to retrieve funds is then exploited by the fraudsters, who concoct various excuses such as taxes, fees for clearing money-laundering suspicions, or additional commissions, to persuade investors to invest more money. This cycle continues until the victims realize they've been defrauded or no longer have additional funds to invest.Given these circumstances, we strongly advise against any further dealings with HERO MARKETS LTD. We also highly suggest that you promptly report this issue to your local law enforcement authorities.We understand the distress you're currently experiencing. While we cannot guarantee the recovery of your funds, our team will work diligently to assist you. We encourage you to file a complaint at BrokersView's Complaint Page https://www.brokersview.com/complaint  to join our collective effort against investment scams. Please provide as much detailed information as possible, including your account details, the amount involved, and any relevant contact information. If you have any supporting evidence, such as screenshots, please include them with your complaint.Should you have any further questions or require additional assistance, please do not hesitate to contact us. We're here to support you.
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1 comments

Shehzad

I get scammed 50000$ from hero markets LTD
2024-02-26
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