Hugo’s Way Overview
| Website | hugosway.com |
| Year Founded | 2017 |
| Countries of Registration | Seychelles |
| Website Languages | English |
| Regulators | - |
| Broker Type | ECN |
| Dealing | A-book |
| Minimum Deposit | $10 |
| Account Currencies | USD, EUR, GBP, AUD, CAD, BTC |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), PRO4 |
| Trading Assets | Forex, Stocks, Indices, Metals, Energies, Cryptocurrencies |
Brief look at Hugo’s Way
Hugo’s Way is an offshore ECN broker launched in 2017. Traders get raw spreads from 0 pips, 1:500 leverage and 150+ CFDs across forex, stocks, indices, metals, energies and 38 crypto pairs - all on MT4 and PRO4. The $10 minimum deposit is processed in Bitcoin or via third-party card gateways. Client funds are held in segregated accounts, negative-balance protection applies and scalping/EAs are fully allowed.
Pros
- Only $10 to start trading
- Raw spreads + $5 commission per lot (1 side)
- 1:500 maximum leverage with NBP
- 38 crypto pairs traded 24/7
- Supports scalping, hedging and EAs
Cons
- No tier‑1 regulation or compensation scheme
- Bitcoin‑centric deposits & withdrawals
- No advanced analytics or education
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Hugo’s Way Reviews
I recently signed up with Hugo’s Way and I'm impressed with their trading platform. The MT4 option are great, although I wish the demo account had more features. The minimum deposit is reasonable and the withdrawal time is quite fast. Overall, a solid broker!
3/15/2025Hugo’s Way has been fantastic for my trading needs. The spreads are competitive, and I love the app for trading on the go. Their account types offer plenty of flexibility, and I appreciate the bonus offerings they have. Definitely recommend!
4/1/2025Not a bad broker, but I had some issues with the login process initially. The demo account was helpful, but I found the withdrawal time longer than expected. The leverage options are decent, but I think they could improve on customer support.
2/20/2025I’ve been using Hugo’s Way for a few months now. The trading experience is good, and I like the rebates they offer on certain trades. The minimum deposit is quite accessible, making it easy to get started. Overall, a reliable broker.
3/30/2025Hugo’s Way is a great choice for forex trading. The spreads are tight, and I enjoy the option to download their app for mobile trading. I had a smooth sign-up process, and the variety of account types is a plus. Just wish the demo account was a bit more advanced.
4/5/2025Leave a Review
Is Hugo’s Way regulated?
| Companies | Hugo’s Way Ltd |
| Countries | Seychelles |
| Regulators | - |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Hugo’s Way Account Types
| Property | ECN |
|---|---|
| Min Deposit | $10 |
| Lot Size | 0.01 |
| Spread Type | Floating |
| Execution | Market |
| Min Spread | 0 pips |
| Fee | $10 per 1 lot |
| Max Leverage | 1:500 |
| Stop Out | 70% |
| Margin Call | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Hugo’s Way Funding and Fees
| Base currencies | USD, EUR, GBP, AUD, CAD, BTC |
| Deposit and withdrawal methods | Bitcoin (BTC), Credit/Debit Card, Bank Transfer |
| Inactivity fee | $10 after 30 days |
| Interest on margin | |
| Withdrawal Fee |
Hugo’s Way Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), PRO4 |
| Execution Speed | - ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
Hugo’s Way Trading Assets
| Currencies | 55 |
| Indices | 11 |
| Stocks | 73 |
| Cryptocurrencies | 38 |
| Bonds | 0 |
| Metals | 4 |
| Energies | 2 |
| Soft Commodities | 0 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Hugo’s Way Support
| support@hugosway.com | |
Hugo’s Way Alternatives
| Broker | Hugo’s Way | FOREX.com | KOT4X | Hankotrade | Trader's Way | OANDA |
|---|---|---|---|---|---|---|
| Type | ECN | MM, DMA | ECN | ECN, STP | ECN, STP | STP |
| Minimum Deposit | $10 | $100 | $10 | $15 | $10 | $1 |
| Regulators | - | CIMA, FCA, CIRO, CySEC, SFC, JFSA, ASIC, MAS, CFTC, NFA | SVGFSA | - | AFSA | NFA, CFTC, ASIC, CIRO, FCA, JFSA, BVIFSC, MAS, KNF |
| Platforms | MetaTrader 4 (MT4), PRO4 | FOREX.com, Ninja Trader, MetaTrader 4 (MT4), TradingView | TradeLocker | HankoX, HankoSocial | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, fxTrade |
| Spread | low | average | low | low | low | low |
| Leverage | 1:500 | 1:50 | 1:500 | 1:500 | 1:1000 | 1:200 |
| Assets | Forex, Stocks, Indices, Metals, Energies, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies | Forex, Indices, Shares, Commodities, Cryptocurrencies | Forex, Commodities, Indices, Cryptocurrencies | Forex, Metals, Energies, Cryptocurrencies, Indices | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
Is Hugo’s Way Right for You?
Hugo’s Way presents an attractive opportunity for traders looking to start with a low minimum deposit of just $10 and access to raw spreads starting from 0 pips. With a maximum leverage of 1:500 and the ability to trade over 150 CFDs, including 38 cryptocurrency pairs available 24/7, it caters well to both novice and experienced traders. The platform supports scalping, hedging, and the use of Expert Advisors (EAs), making it versatile for various trading strategies. However, potential users should be aware of some significant drawbacks. Hugo’s Way operates without tier-1 regulation or a compensation scheme, which may raise concerns regarding the safety of client funds. Additionally, the platform's reliance on Bitcoin for deposits and withdrawals may not suit everyone, and the absence of advanced analytics or educational resources could limit the trading experience for those seeking comprehensive support. In summary, Hugo’s Way is recommended for traders who prioritize low entry costs, high leverage, and a wide range of trading instruments, especially those who are comfortable with a Bitcoin-centric approach. Conversely, it may not be the best fit for risk-averse traders or those who value regulatory oversight and educational resources.
FAQ
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
