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Hugo -

Score

1.56 /10
Danger

Hugo

Seychelles

5-10 years

Suspicious Regulatory License

High potential risk

https://hugosway.com

Influence

C

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.36

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Hugo’s Way Ltd

Company Abbreviation

Hugo

Platform registered country and region

Seychelles

Company website

X

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2025-07-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Data Source WikiFX Data provide
Updated: 2025-07-06
Hugo · Company summary
Hugo's Way Review Summary
Registered On2017-02-19
Registered Country/RegionSeychelles
RegulationUnregulated
Market InstrumentsForex, Cryptocurrencies, and Stocks
Demo Account/
LeverageUp to 1:500
Spread/
Trading PlatformMT4 (iOS, Web, Android, and Windows)
Min Deposit$10
Customer Supportsupport@hugosway.com
House of Francis, Room 303, Ile Du Port, Mahe, Seychelles

Hugo's Way Information

Hugo's Way is an ECN-connected broker that uses an STP (Straight-Through Processing) execution model with no dealer intervention. It offers the MT4 trading platform and provides various trading instruments such as forex, cryptocurrencies, and stocks. Meanwhile, the platform offers 24/7 customer support.

Hugo's Way

Pros and Cons

Pros Cons
Multiple trading instrumentsUnregulated
Leverage up to 1:500Single Bitcoin withdrawal method
MT4 availableHigh leverage risk
Limited account information
Unclear fee information

Is Hugo's Way Legit?

Hugo's Way is unregulated, so its security is relatively low. It is recommended to choose brokers regulated by top regulatory authorities.

unregulated
unregulated

What Can I Trade on Hugo's Way?

On the Hugo's Way platform, traders can conduct diverse trading, including cryptocurrencies, energies, futures, forex, indices, metals, and stocks.

Tradable Instruments Supported
Forex✔
Eenergies✔
Stocks✔
Cryptocurrencies✔
Precious Metals✔
Futures✔
Indices✔
Bonds❌
Mutual Funds❌
Instruments

Leverage

The platform offers flexible and high leverage ratios, with a maximum of 1:500 for forex and stock trading, and a maximum of 1:100 for cryptocurrency trading.

Trading Platform

Hugo's Way provides the mainstream platform MT4, supporting multiple trading versions, including iOS, Web, Android, and Windows.

Trading PlatformSupported Available Devices Suitable for
MT4✔iOS, Web, Android, and WindowsBeginners

Deposit and Withdrawal

The minimum deposit is $10. Hugo's Way supports deposit methods including direct Bitcoin deposits (minimum $50), purchasing and transferring Bitcoin via Instacoins (minimum $50), and wire transfers via Instacoins (minimum $100). Additionally, Bitcoin withdrawals can be processed as quickly as 1 hour.

minimum deposit

News

NewsAll About Cryptocurrencies

Cryptocurrencies are the latest buzzword in the industry and many believe that they are the future. The technologies used in cryptocurrency transactions can make all kinds of financial transactions very secure and reduce the number of fraudulent interactions. Cryptocurrencies are still an unfamiliar concept for many prospective investors and business owners. Most are intimidated by this concept and have a limited understanding of its potential. Here’s a brief look at cryptocurrencies:

WikiFX
2021-12-10 09:54
All About Cryptocurrencies
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User Reviews

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User comment

2

Comments

Write a review

oooo
more than one year
Amazing people work in customer service. My experience here has been excellent, and I must point out that they have incredibly kind personnel, always easy to reach and eager to assist.
Amazing people work in customer service. My experience here has been excellent, and I must point out that they have incredibly kind personnel, always easy to reach and eager to assist.
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2023-02-20 12:19
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FX1210236230
more than one year
You know what? The weird thing is that you can see clearly on this broker’s “Live Spreads” section that spreads on various trading instruments are narrow, but when you start real trading, things changed. I trade currency pairs, and indices on this platforms, spreads reaching up to 80 pips on the AUD/USD pair…
You know what? The weird thing is that you can see clearly on this broker’s “Live Spreads” section that spreads on various trading instruments are narrow, but when you start real trading, things changed. I trade currency pairs, and indices on this platforms, spreads reaching up to 80 pips on the AUD/USD pair…
Translate to English
2023-02-16 10:18
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2