Hugo's Way
摘要：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 |
| 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.
