Heron Investments Review – Important Questions to Ask about the Broker
Heron Investments Review
The economy is in recession, which means inflation and unemployment have reached all-time highs and returns on investments have declined significantly. Thousands of people are stuck in the 9-to-5 grind, but are not making as much as they want to. Thus, it is not surprising that they are looking for ways to make more money. Obviously, you don’t want to fall into the trap of the numerous get-rich-quick schemes that are floating around on the internet, but there is one way that you can earn money with minimal investment and effort and in a short amount of time. All of this sounds too good to be true.
But, the fact is that this option has existed for years and has now become more accessible than ever; online trading. With thousands of financial instruments that can be traded, it is a diverse market that gives everyone an equal opportunity to make profits. Sure, the market has its own share of risks, but the potential returns that you can make are also quite impressive. Unlike traditional trading, you don’t have to go anywhere to move into this space. As technology has advanced, it has brought trading right into your homes. You can trade in different financial markets from home or even from your office; it gives you a great deal of flexibility.
The best part is that you don’t need to have any experience or knowledge in order to start. There is no one stopping you and there is no need to have a huge amount of money either. You can start trading with even a small amount. If you want to dip your toe in this arena, you just need to find a broker. A broker will provide you with the platform you need to open and close trading positions and they will provide you with instruments that can be traded.
Even this phase is not too difficult because there are lots of online brokers to be found nowadays. In the last couple of decades, online trading has picked up and so, hundreds of brokerages have been established to cater to this growing number of traders. This is certainly a good thing because it means that you will have plenty of options to choose from when you are looking for a brokerage. But, there is also a downside; with so many options, it is quite easy to become confused and not know which broker to select.
In fact, most people appear the same and it can difficult to distinguish their services and features. This is where people end up making the wrong choice and it can cause them a lot of problems in the long run. Not every broker is the right fit for you, as the trading styles and needs of every individual vary. Eventually, you will end up having to switch brokers, which can be a waste of time and a big hassle as well. Hence, doing your research from the get go and asking the right questions can simplify matters for you.
Amongst the different brokers that are currently operating in the market, you will come across Heron Investments. This is a Contracts for Difference (CFD) broker, which has its headquarters located in Limassol, Cyprus. Most people don’t give it much thought because the broker hasn’t been around for very long, but if you take a look at its reputation, you will notice that it is doing quite good. To get the answers, you first have to ask questions and you need to do the same with Heron Investments.
A Quick Look at Heron Investments
Broker | Heron Investments |
Website | https://www.heroninvestments.com/ |
Trading Accounts | Basic, Silver, Gold, Platinum and Diamond account |
Minimum Deposit | €250 |
Assets Coverage | Forex, Stocks, Commodities, Indices and Cryptocurrencies |
Trading Tools | Graphs, Charts, Price Quotes and Market News |
Education and Training | Yes |
Customer Support | 24/7, Email, Phone and Online Contact Form |
Security Policy | KYC (Know Your Customer) and AML (Anti-Money Laundering) policies |
Parent Company | Heron Investments |
What can you trade at Heron Investments?
While there are various questions to ask about a broker before you choose them for your trading, the most important of them all is about their trading instruments. If the broker does not offer the asset you wish to trade, why bother looking at what trading platform they are giving you or what policies they implement? Everything else is irrelevant, if they don’t have the assets you wish to trade. When it comes to Heron Investments, you will be pleased to know that the broker has put together more than 200 CFDs for its clients. Yes, CFD trading is risky, but it is this risk that gives you the opportunity to make higher profits. Plus, when you are trading CFDs, it means that you don’t have to buy the asset physically when you trade it.
The 200 options that you will find at Heron Investments are divided into different categories and these are highlighted below:
- Commodities
One of the most profitable and safe investment options that traders will find in the financial markets are commodities. These are instruments that can give consistent returns and are not very volatile, which minimizes the risk associated with them. Heron Investments has added a combination of soft and hard commodities for their clients. The former includes agricultural products, such as coffee, soybeans, wheat, corn and sugar. The latter includes precious metals like gold, silver and palladium, along with energies like natural gas, Brent oil and crude oil.
- Stocks
One of the oldest assets that have been associated with the trading market for a long time is none other than stocks. This market gives traders the opportunity of buying and selling stocks of some of the world’s biggest corporations. Heron Investments has also put together some impressive stock CFDs. You may not be able to earn dividends on them, but you can take advantage of their fluctuating prices. Some of the top names include Google, Amazon, Facebook, Microsoft, Rolls-Royce, Vodafone and Netflix.
- Indices
Traders who are looking for volatile and lucrative options and are not afraid to take risks will enjoy the option of indices. These work like stocks, but look at the bigger picture rather than single companies. Heron Investments has put together some leading indices to give their clients plenty of room to earn profits. These include FTSE 100, CAC 40, S&P 500, NASDAQ and DAX 30.
- Forex
This is the biggest financial market in the world in terms of trading volume, which is in excess of $5 trillion daily. Suffice it to say, the market offers a lot of opportunities to every trader since there are thousands of currency pairs that can be traded. Heron Investments offers their clients a combination of major and minor currency pairs, and they have also added the more volatile exotic pairs for those who like risks. Some of the currency pairs you can trade include EUR/USD, AUD/CHF, GBP/USD, GBP/JPY, USD/CAD, NZD/USD and USD/RUB.
- Cryptocurrency
One of the hottest trading instruments in today’s markets is cryptocurrency and many traders have chosen to enter the world of trading primarily for trading cryptocurrencies. Therefore, Heron Investments has made the effort to add this asset to their offerings. The broker enables you to trade some of the top cryptocurrencies in the market, which include names like Bitcoin, Litecoin, Ethereum, Bitcoin Cash and Ripple.
Along with these options, Heron Investments has also added exchange trade funds (ETFs) to their offerings. When you consider the variety of assets the broker has to offer, you can see that it is easy for anyone to diversify their portfolio while trading with the broker. This is undoubtedly helpful because it lets you keep your risks at minimum and gives you the opportunity of maximizing your profits, as much as possible.
How secure is Heron Investments?
One of the most important questions that traders need to ask about a broker, after its asset offerings, is their security. In the last decade alone, the number of cyberattacks and cybercrimes has increased significantly and thousands of people have become victims of stolen identity and funds. You don’t want anyone to use your personal information for any illegal or nefarious activity and neither do you want your hard-earned money ending up into someone else’s hands. When signing up with a broker, you have to trust them with both; your money and information. Therefore, you want to ensure that the broker you are choosing will do everything possible to keep them safe.
In this regard, Heron Investments has been quite proactive, since they are familiar with the security risks that people face. Their aim is to put their customers at ease, and in order to do so, they have developed strong security protocols. Firstly, they don’t just let anyone open an account with them; everyone who registers with the broker has to comply with international security policies that are KYC and AML. These stand for Know Your Customer and Anti-Money Laundering and are deemed mandatory by every regulatory body in the world. The aim of these policies is to prevent identity theft, money laundering and any other terrorist activities or financial crimes.
To comply with these policies on Heron Investments, traders have to submit some important documents. They are asked to provide proof of identity, proof of residence and proof of payment. The documents that have to be submitted for this purpose are:
- A government-issued form of ID, like your national ID card, driver’s license or passport is best for proof of ID.
- A utility bill, such as water, gas or electricity, or a bank statement that shows your full name or address is needed for proof of address.
- A picture of your debit or credit card, both front and back needs to be submitted for proof of payment. You can hide the CVC at the bank and only disclose the last four digits of the card on the front.
Submitting these documents is necessary to verify your account on Heron Investments or you will not be able to make deposits or withdrawals. With this verification procedure in place, the broker ensures that no shady individuals or criminals can gain access to their platform. To protect all this sensitive information, Heron Investments uses advanced SSL (Secure Socket Layer) encryption. All data and communication are encrypted straight away by the broker. They do not sell or rent your information to any outsider, without your consent. The only exception is made in case of legal authorities.
As far as protecting your funds is concerned, Heron Investments has maintained segregated customer accounts. This means all client accounts are kept separate from the brokerage’s own accounts. It prevents the funds from being used for any purpose other than trading and there are reduced risks of misappropriation. Moreover, in case of the broker’s bankruptcy, your funds will be returned to you without any issues.
What is the Account Opening Procedure at Heron Investments?
Now, you know what assets you can trade and exactly how secure Heron Investments is. Hence, it is time for you to take a look at how you can open an account with this broker. Unlike other brokers, this one has chosen to keep its procedures simple and straightforward. It doesn’t ask for any unnecessary information because there is no need for it. Their registration takes only a few minutes because there is only one form asking for only basic information. You enter your first and last name, phone number, location and an email address and password. Your registration will be complete once you agree to their Terms & Conditions.
After you are done, you can instantly jump onto the next part i.e. opening an account. This is where you will have some choices to make because Heron Investments has introduced five account options on their platform for facilitating traders with different styles and risk-tolerances. No two traders are the same and these account types highlight this factor because they come with different features. Let’s take a look at the options available:
- Basic Account
The Basic account is the first option you will find at Heron Investments and the broker has developed this primarily for those who are complete novices and have no experience in the market. Consequently, the minimum deposit requirement for opening this account is €250 and it gives traders a leverage of 1:10 for trading. A junior account manager is also added for helping in making decisions and a 50% welcome bonus is given to traders. They also get a platform walkthrough, so they can understand how it works. The maximum amount that a trader can invest in this account is €10,000.
- Silver Account
The second account choice that Heron Investments has introduced is the Silver account and this one is targeted at beginner traders who are familiar with the market, but don’t have that much experience. They can open this account if they are willing to deposit €10,001. Doing so will help them unlock leverage of 1:20, which means they can make bigger trades. This account comes with a senior account manager because now traders are making bigger trades. Likewise, bonus is also increased to 75% for providing further incentive to clients. Traders also receive technical education that can come in handy during trading and they have the option of increasing their investment to as much as €20,000.
- Gold Account
Moving on, there is the Gold account, which is the third choice and has been developed specifically with intermediate traders in mind. Since they have both knowledge and experience under their belt, they can enjoy a higher leverage of 1:30. Plus, they can also afford to make a deposit of €20,001 to open this account. In return, they are given a 100% welcome bonus and they also receive the services of an executive account manager. They can make daily trades and fundamental education is also added on. Lastly, they have the freedom of increasing their investment to €100,000.
- Platinum Account
The fourth account that Heron Investments has developed is known as the Platinum account and this one is for seasoned and skilled traders who can take big risks and have high trading volumes. The account’s minimum deposit starts at €100,001, something that only serious traders can deposit. In doing so, they are granted leverage of 1:40 and they also receive a 150% bonus for their investment. This account comes with a VIP account manager because high trading volumes means more expertise is needed. The maximum amount to be invested in this account is €200,000.
- Diamond Account
The final account that you will find on Heron Investments is called the Diamond account and this is for VIP and professional traders with years of experience. They can afford the minimum deposit of this account, which is €200,000 and can invest the maximum as well, which is €499,999. A BDG account manager is given in this account and all features mentioned in other accounts are available here, including all periods.
Traders can go over each of these options provided by Heron Investments and decide which account they want to open.
What trading platform does Heron Investments offer?
A vital question that every trader needs to ask about a broker is about their trading platform. This platform is the primary software used for making trades and if it is lacking in anyway, it can result in a poor experience for the trader. You certainly don’t want that to happen. There are good platforms that do exist, which can simplify trading and eliminate all complexities. This is exactly what Heron Investments has achieved with their trading solutions. The broker has developed their own trading platform for their clients and it is a browser-based solution.
Put simply, you can access Heron Investments trading platform through their website and don’t need to download it or install it. This eliminates a lot of hassle that traders have to deal with because they are no longer responsible for updating the platform. Moreover, it doesn’t depend on the device’s performance and gives flexibility because it works on any device with a web browser. Heron Investments has used cutting-edge technology for developing this innovative solution that has an intuitive interface and is very user-friendly. There is no learning curve involved, which simplifies the trading process.
Furthermore, knowing the importance of trading tools, Heron Investments has equipped their trading solution with some of the top ones. There are different charting tools that can be used, along with market analysis and graphs. You can find custom indicators and trading signals and live price quotes are provided. You can also access the latest market news via the platform and make trade executions, quickly and efficiently. One-click trading is also available and you can see real-time updates.
This trading platform can work on desktop PCs, laptops and even mobile devices. Despite that, Heron Investments has come up with mobile trading solutions for Android and iOS ecosystems because a lot of traders want to explore this modern trend. These apps have a user-friendly interface and are simple enough to operate. They provide traders with access to their trading accounts on the move and can be used for opening and closing positions, just as quickly as the web platform.
Does Heron Investments offer any support?
Support is also an integral part of any service you avail and this also applies to the trading services provided by a broker. During the course of trading, you may encounter problems or have questions and concerns that you need addressed. In that case, support can play a vital role and if it isn’t available, it can result in a negative experience for traders.
Knowing this, Heron Investments has made 24/7 customer support available via multiple channels. They have given an email address on their website that can be used for sending in written queries. You can also go to the Contact Us section on their website for filling out an online contact form. If not, you can use the phone number provided for getting in touch.
Final Thoughts
The broker has also incorporated several payment methods, provided educational resources to its clients and doesn’t charge them hefty commission, making Heron Investments a good option to venture into the trading market.