HUGO FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-30 09:53

Abstract：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 Review Summary
Registered On	2017-02-19
Registered Country/Region	Seychelles
Regulation	Unregulated
Market Instruments	Forex, Cryptocurrencies, and Stocks
Demo Account	/
Leverage	Up to 1:500
Spread	/
Trading Platform	MT4 (iOS, Web, Android, and Windows)
Min Deposit	$10
Customer Support	support@hugosway.com
Customer Support	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.

Pros and Cons

Pros	Cons
Multiple trading instruments	Unregulated
Leverage up to 1:500	Single Bitcoin withdrawal method
MT4 available	High 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.

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	❌

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 Platform	Supported	Available Devices	Suitable for
MT4	✔	iOS, Web, Android, and Windows	Beginners

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.