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
|Headquarters||Kingstown, Saint Vincent and the Grenadines|
|Type of Broker||ECN/STP & STP|
|Regulated By||Regulated By Not Regulated|
|Offices In||Saint Vincent and the Grenadines|
|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 Currencies||EUR, USD, GBP, CAD, AUD, BTC|
|Traders from USA Allowed||No|
|Clients Funds Segregated||Yes|
|Interest on Margin||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|
|Web Based Trading||Yes|
|Funding Methods||Credit/Debit Cards, Wire Transfer, Bitcoin, VLoad|
|Withdrawal Methods||Wire Transfer, Bitcoin, VLoad|
|Platforms Offered||MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android, WebTrader|
|NO of Pairs||55|
|Trade off Charts||Yes|
|MetaTrader Server Time||GMT + 3|
|Demo Account Expiry||2 Weeks of inactivity|
|Minimum Contract Size||0.01|
|Option of OCO||No|
|Option of FIFO||No|
|Negative Balance Protection||No|
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