Forex Brokers

Heron Asset Management

1.3 (10 reviews)
🇦🇺 Australia
Visit Website
1.3
10 reviews
5
0
4
0
3
0
2
3
1
7

About Heron Asset Management

Heron Asset Management has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 317 522 4936, fax 1 317 536 3918

Addresses: 3512 Rockville Road Indianapolis IN 46222-5917 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.heronassetmgmt.com.

Customer Reviews

Write a Review

A nightmare experience

C
Christina M.
1 months ago

I referred a friend to Heron Asset Management when my bank disappointed me and I searched for alternatives. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Reliable uptime|Customizable dashboard|Clear documentation

Cons: No integrated tax optimization

Spread betting is rigged

S
Steven R.
2 months ago

Heron Asset Management advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Portfolio tracking tools|Detailed reporting|Social trading features|Personal attention

Cons: Currency conversion fee exists

Currency margin requirements unclear

M
Mark D.
4 months ago

The platform at Heron Asset Management is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over three years of dealing with this, I have had enough.

Pros: Multiple order types|Automated trading options|Reliable uptime|Great customer service

Cons: Desktop app not available on Linux|Slow to add new assets

Unacceptable level of service

B
Brooke H.
4 months ago

My withdrawal request from Heron Asset Management has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Portfolio tracking tools|Fast deposits

Cons: Minor UI glitches occasionally|Limited ETF selection

No investor compensation scheme

J
John H.
4 months ago

I requested my data from Heron Asset Management under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Comprehensive tools|Dividend tracking|Clean UI

Cons: Spreads widen during volatile periods|Research section could be deeper

Beyond repair at this point

M
Miles Z.
5 months ago

If you are reading this considering Heron Asset Management - run. I wish I had read more negative reviews after a trusted YouTuber reviewed them. I thought the positive ones were real. Maybe some are. My experience over for the past year and a half has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Full transparency|Multi-currency support|Social trading features|Stable platform

Cons: Onboarding videos are outdated

They took my patience and my money

A
Aria X.
6 months ago

Heron Asset Management offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Transparent fees|Portfolio tracking tools|High security standards|Helpful community forum

Cons: Live chat only during business hours|Inactivity fee applies after 12 months

Customer service does not exist

R
Rachel L.
6 months ago

Customer support at Heron Asset Management seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Instant funding|Educational resources

Cons: Alert system is basic

Regret choosing Heron Asset Management

O
Olivia Z.
7 months ago

Do not use Heron Asset Management for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Easy to use platform|Multi-currency support

Cons: Research section could be deeper|No live chat on mobile

Platform crashes at the worst times

I
Isaac D.
9 months ago

I trusted Heron Asset Management with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Responsive team|Helpful community forum|Good analytical tools|Risk management tools

Cons: Live chat only during business hours