StockHero Review: Can This Code-Free Platform Help You Trade?

There are many tools and platforms traders can subscribe to nowadays to elevate their skills and start trading more efficiently. Those platforms make it easier for beginners to start their trading journey and it’s also a great advantage to seasoned traders. 

The benefits of using trading tools and platforms depend on whether or not that platform is reliable. Our StockHero review is here to find out the truth by delving deep into the firm’s profile and operations. Keep reading to learn more and don’t forget to check our WaveSolutions review as well. 

Who Is StockHero?

We could say StockHero lacks transparency because there isn’t enough information provided about the company on its website. It could indicate they are trying to hide their true intentions and as we delve further into the website, we realize the platform is offering financial services, however, lacks regulation. 

With the help of StockHero’s user-friendly website and mobile app, users can customize trading techniques into personalized “bots” or just use pre-built bots made by professional traders that come with performance statistics. Based on user-defined entry and exit settings, this trading bot executes trades automatically.

Regulation Info

StockHero offers a platform for automated stock trading, bot creation, and integration with various brokers, which is indeed related to financial services in the field of trading. Regulatory oversight is required in this case, however, there is nothing about regulation info provided on the firm’s website. Another unregulated broker you should be on the lookout for is RaceOption. 

The majority of the company’s clients come from the United States, Canada, and Australia, among other countries. Regulatory oversight by the SEC in the US, IIROC in Canada, or ASIC in Australia is necessary to be operating out of these countries but the platform lacks any type of regulation. This is a red flag and unfortunately, no matter how good they are, this firm is not legit. 

StockHero Broker Profile

With the use of a user-friendly interface, StockHero’s automated stock trading software allows users to create “bots” that may be programmed with trading logic. Based on the entry and exit criteria the user specifies, StockHero will automatically execute trades on the user’s behalf. 

You can quickly get started as a newbie by deploying premade bots from the Marketplace. Advanced features like TradingView integration, strategy designer, advanced indicator settings, and many more are available to experienced traders. 

Business leaders and day traders appear to find everything they need on the platform. It seems reasonable to pay $4.99 per month for the Lite account type considering everything that’s offered. Since there is no required minimum to begin trading, you can use any amount you feel comfortable with.  

Currently, StockHero supports the following brokers TradeStation, Robinhood, TD Ameritrade, Alpaca, Degiro, Stake UK, and Australia.

Is StockHero Safe To Trade With?

When start examining the firm to see if they are safe to use, we check the most important factor first, which is regulation. Unfortunately, StockHero operates without a license and therefore, they are not safe. However, we won’t ignore the fact that they offer a variety of features and benefits, and while they do look like a great company, regulation is crucial. 

If you are looking for a safe and reliable option, we recommend checking out our AI Analysis Bot. You can combine it with the platform of your choice and become unstoppable while making profits. Even though success is not guaranteed, we can say it’s boosted by using various tools that can help you out. Keep reading to learn more about StockHero and our amazing bot. 

Deposit Methods

Payment methods depend on the client you are using to subscribe. On the web trader, Stripe handles the payment processing which includes major credit cards such as Visa or Mastercard. You may also subscribe with PayPal. On iOS, you may subscribe with your Apple account or make payments through Apple Pay. Android payment is also available in the Android app.

We do like the fact that the subscription is only $4.99, which is not a great sum to start. There is also a free trial, so you can enjoy the perks and features for 14 days for free before you commit. This is a great benefit, especially for traders who are not ready to invest too much money. 

Should You Avoid or Enjoy This Company?

Unfortunately, no matter how great this company is, it should fall into your avoid category. Lack of transparency and regulation is evident with this platform and there is no way of knowing what can happen in the future while using unregulated brokers or platforms. Additionally, there is not enough information about pricing, the company’s history, or anything else beneficial to traders. 

While there are more advantages than disadvantages with this firm, we still recommend choosing a more reliable alternative, like our AI Analysis Bot for example. If you are ready to step into the future of trading, keep reading and learn more about our bot at the end of the article. 

Weighing the Pros and Cons

Can I Make Money While Trading Online?

Making money while trading can depend on various factors, including knowledge, strategy, and awareness. The markets shift constantly and scams are becoming more popular, so you have to be aware of potential risks and never invest what you can’t afford to lose. Profits are possible but they need to be earned and there is no broker or platform that can guarantee success. 

With the help of AI and other trading tools, trading becomes at least a little easier. One such tool is our AI Analysis Bot. If you are in need of a potent program that will gather information from charts, such as previous asset prices and other data, you are at the right place. Get ready for valuable insights on whether to buy or sell, with the help of our bot using a technical analysis. 

For traders who are ready to increase profit chances and elevate their trading skills, we offer a 14-day free trial for the first 100 traders who reach out. Act quickly and grab this opportunity to develop new trading tactics and learn more about AI-powered tools and how they can help you trade more efficiently. 

FAQ Section