HugosWay Review
As an ECN/STP broker, Hugo’sWay provides a secure ECN trading environment where traders can get access to global markets through an online platform. They provide institutional grade liquidity to ensure their clients can benefit from excellent trading conditions and pricing available on the market. All client orders are filled instantly, through the Straight-through Processing execution model.
With Hugo’sWay, traders can open positions on over 180 assets, including FX Major, Minor and Exotic Currency Pairs, Stocks, Indices, Commodities, Futures and Crypto currencies. They offer up to 1:500 leverage and lot sizes between 0.01 to 1000 lots.
With ultra-tight spreads beginning from 0.0 pips, Hugo’sWay allows individuals to trade on global markets while being supported by a 24/7 Customer Service Team.
Typical Spread on Majors
| EUR/USD | 0.9 |
| GBP/USD | 2.1 |
| USD/JPY | 1.2 |
- Company Info
| Headquarters | Kingstown, Saint Vincent and the Grenadines |
| Type of Broker | ECN/STP & STP |
| Founded | 2018 |
| Regulated By | Regulated By Not Regulated |
| Offices In | Saint Vincent and the Grenadines |
| Supported Languages | English |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | EUR, USD, GBP, CAD, AUD, BTC |
| Minimum Deposit | $10 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | No |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $5 / Lot per side |
| VIP Accounts Offered | No |
| Mini Accounts Offered | No |
| PAMM / MAM Solutions | No |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Bitcoin, VLoad |
| Withdrawal Methods | Wire Transfer, Bitcoin, VLoad |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android, WebTrader |
| NO of Pairs | 55 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | No |
| Mobile Alerts | No |
| Trading Server Time | GMT + 3 |
| Demo Account Expiry | 2 Weeks of inactivity |
| VPS Offered | No |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Excecution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | Yes |
| Option of OCO | No |
| Option of FIFO | No |
| Negative Balance Protection | No |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Futures | Yes |
| Indices | Yes |
HugosWay Reviews
To submit your own Forex Broker review please fill in the form below. Your review will be checked by a moderator and published on this page. Please ensure that you use a valid email address when posting your review and check your email after submitting the review - we will send you an email with a confirmation!
