Hera SICAV has been flagged by Commission de Surveillance du Secteur Financier for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Hera SICAV changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Stable platform|Social trading features|Demo account available|Multi-device support
Cons: Withdrawal takes 1-2 business days|Research section could be deeper
I had a dispute with Hera SICAV and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Instant funding|Good mobile app|Full transparency
Cons: Some tools only available on higher tiers|No dark mode on mobile
After spending for close to eighteen months trying to make Hera SICAV work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Clear documentation|Low minimum deposit|Customizable dashboard
Cons: Limited demo account features