hugosway broker review

Hugo’s Way broker review

On this page, we review the Hugos Way broker. Hugo’s way broker has won several awards with different titles in 2019; stay with us for more information about this broker.

hugosway points

hugosway 60%

Broker name	Hugo’s Way
Established year	2017
Spread rate	Low
Central office	....
Regulation	-
Minimum deposit	10 $
The easiest way to deposit and withdraw	Bitcoin

Cent Account

Copy Trading

Spread Reduction Trick

Islamic Account

Permission To Trade Scalping

What you will read on the hugosway broker page:

What is hugosway?

Hugo’s way is the name of one of the active brokers in the forex market, which offers only one ECN account to users, the spread of which starts from a small amount of 0.4 pips. This broker, having strong support 24 hours a day, seven days a week, answers all traders’ questions.

hugosway broker credit

Suppose you want to be more confident about the credibility of a broker. In that case, it is better to open an account with brokers under regulatory organizations’ supervision and have a more extended history. It is also better to open a trial account with that broker before opening an account with the broker in question. Check the amount of spread and commission received by the broker. Hugos Way broker is not under the supervision of any regulatory organization and started its activity in 2017.

hugosway broker rules

Unfortunately, the Hugos Way broker does not have any regulations according to the reviews we did.

Where is the head office of hugosway broker?

………….

How many years of experience does hugosway broker have?

Hugo’s way broker was established in 2017 and had been providing services to traders ever since.

Table of introduction and comparison of account types in hugosway broker

Profile / account name	Ecn
Minimum deposit for opening	10 $
Spreads	Starting from 0.4 pips
Commission	$5 per trade lot
Maximum leverage	1:500
Ability to trade currency pairs	Yes
Ability to trade stocks and indices	Yes
Possibility of digital currency trading	Yes
Scalp permission	Yes
Permission to use Expert	Yes

According to the above table, Hugo’s Way broker offers users only one trading account that can be opened with a minimum deposit of 10 dollars; this account has a maximum leverage of 1:500; in fact, this broker has different maximum leverage for different symbols. For example, the maximum usable leverage for indices is 1:200, and for digital currencies is 1:100. The minimum leverage that can be used in this broker is 1:1, of course, if users want leverage of less than 1:50. Use this case must be checked by the hougos way broker’s trading desk, the spread of this account also starts from 0.4 pips. The broker receives a commission of $5 per lot from traders. One of the noteworthy points of this account is that it is possible to use expert and scalping in this account.

hugosway broker spread

According to our research, the spread of hugosway broker starts from 0.4 pip, and the spread of this broker can be considered from less than 1 pip.

hugosway broker Islamic account

Unfortunately, currently Hugos Way broker does not support Islamic accounts or accounts without overnight swaps, but according to our reviews and the conversations we had with the support team of this broker, it seems that this broker intends to launch Islamic accounts as soon as possible. Yes, if this broker enables the use of Islamic accounts for users, we will definitely update the information in this section of the website.

How much deposit can you open a real account in hugosway broker?

Unfortunately, currently, Hugos Way broker does not support Islamic accounts or accounts without overnight swaps. Still, according to our reviews and the conversations we had with the support team of this broker, it seems that this broker intends to launch Islamic accounts as soon as possible. Yes, if this broker enables the use of Islamic accounts for users, we will definitely update the information in this section of the website.

Deposit and withdrawal in hugosway broker

The deposit and harvest methods in the hugosway broker include Bitcoin and Payredeem, but you should note that the minimum deposit using bitcoin is $ 50, and the use of Payredeem requires KYC.

hugosway broker bonus

According to our reviews, hugosway broker currently does not offer any bonuses to users.

What documents are required to verify identity in hugosway broker?

To verify your identity in Hugo’s Way broker, you need to confirm your identity and address; for this purpose, you need documents such as certificate, passport, and identity card, as well as documents confirming your address, such as water and electricity bills, bank statements, etc. Send to the support of this broker.

Tradable assets and trading in Hugo's Way broker

Tradable and trading assets in hugosway broker include digital currencies, currency pairs, stocks and indices, energy and…

hugosway broker trading platforms

The trading platform that can be offered in the Hugo’s Way broker is MetaTrader 4, which users can take advantage of. You can click on the links below to download this platform.

MetaTrader 5

MetaTrader 4

Hugo's Way broker Copy trading

Unfortunately, Hugo’s Way broker has not activated the possibility of using copy trading account for its users, which can be considered as one of the disadvantages of Hougos Way Broker because many traders tend to use this system and copy the transactions of other traders. Also, this system can be considered one of the most profitable systems for professional traders.

Hugo's Way broker scam

We answer this question in the following way: how has the quality of the service provided by this broker been during the years of its activity if the broker in question has had security problems during its years of activity and users have had bitter experiences from working with this broker, such as fraud and …, we will inform our audience about these things, but so far our audience has not given us any report about the fraud of this broker.

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