ForexHero Review

ForexHero Review: ForexHero is a cloud-based automated forex trading platform that empowers both beginners and experienced traders to design, test, and deploy intelligent trading bots without needing to code.

Owned by Novum Global Ventures and active since 2021, ForexHero has facilitated over a million trades and continues to evolve with a focus on ease of use, robust strategy development, and long-term support.

ForexHero Features

Powerful Forex Bots with Proven Strategies
ForexHero supports a range of trading strategies including Dollar Cost Averaging (DCA), Grid, Long/Short, Trailing Take Profit, and Scalping, allowing traders to operate effectively across trending and range-bound markets.

Zero Coding Required
With an intuitive interface, traders can configure and launch bots in minutes. Everything runs on cloud infrastructure, eliminating the need for software installations or server setups.

Unlimited Backtesting
Users benefit from a proprietary engine capable of running over 100 backtests per second. Test strategies using historical data over custom time frames to evaluate performance before risking capital.

Risk-Free Paper Trading
Traders can deploy bots in a simulated environment with real-time market data, ideal for validating strategies without financial risk.

Bots Marketplace
For users who prefer not to create their own bots, the Marketplace offers pre-configured strategies from experienced traders. Users can rent bots or submit their own to earn income.

TradingView Integration
Connect TradingView signals to your bots and automate entries and exits based on your technical setups.

Advanced Configuration Options
Professional and Premium users gain access to high-frequency trading (as fast as 1-minute intervals), advanced indicator settings, strategy chaining via the Strategy Designer, and trailing mechanisms for both stop loss and take profit.

ForexHero Pricing

ForexHero offers three flexible plans:

Lite (Free trial available):

• 1 active bot
• Unlimited backtests
• 24/7 premium support

Premium (49.99 USD/month or 499.99 USD/year):

• 15 active bots
• Access to Bots Marketplace
• TradingView support
• Free rental of 3 marketplace bots (annual plan)

Professional (99 USD/month or 999.99 USD/year):

• 30 active bots
• All features in Premium
• Full access to all marketplace bots (valued at 5,000 USD)
• SMS alerts and custom backtest periods

Security and Control

ForexHero does not hold or manage user funds. Instead, it connects directly to supported brokers via API (e.g., Forex.com, City Index), ensuring users retain full control of their capital.

Bots operate with user-defined risk settings, and profits are 100% retained by the user. No performance fees apply.

Support

Subscribers receive dedicated support through multiple channels. Premium and Professional users can also access ForexHero’s “White Glove Service,” a live walkthrough and personalized setup session to ensure a smooth onboarding experience.

Ideal For

• New Traders looking for accessible tools and ready-made bots
• Experienced Traders wanting advanced control and analytics
• Signal Followers using TradingView alerts to trigger bot actions
• Strategy Designers building multi-bot, multi-market automated workflows

Company Background

ForexHero is part of TradeHeroes and is operated by Novum Global Ventures, a fintech and AI-focused company founded in 2018.

The team’s long-standing experience in financial markets and software innovation reflects in the platform’s depth, flexibility, and continued development.

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