Hankotrade vs Hugo’s Way
Hankotrade | Hugo's Way |
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2
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1.5
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Hankotrade is an offshore broker with high leverage, low fees and a welcome bonus. |
Hugo's Way is a true ECN brokerage, offering 160+ assets on the MT4 platform. Traders benefit from a low $10 minimum deposit requirement, 24/7 customer support and generous leverage up to 1:500. Hugo's Way is an unregulated broker based offshore in St. Vincent and the Grenadines. |
Bonus Offer | |
100% Deposit Bonus | |
Comment by Reviewer | |
"After exploring the platform myself, I think Hugo's Way is going to be best for new or experienced MT4 traders who are comfortable with Bitcoin deposits and withdrawals. That said, I am hesitant about the lack of robust regulatory oversight." | |
Pros | |
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Cons | |
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Instruments | |
CFDs, Forex, Indices, Commodities, Cryptos | CFDs, Forex, Stocks, Cryptos, Futures, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | Yes |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
MetaTrader | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Speculate on rising and falling prices using highly leveraged CFDs | My tests found 200+ CFDs across six asset classes such as forex, crypto and stocks with leverage up to 1:500. The broker has a low minimum deposit requirement of $10 so new and budget-conscious CFD traders can get started easily. |
Leverage | |
1:500 | 1:500 |
FTSE Spread | |
From 0.0 pips | 0.77 |
GBPUSD Spread | |
From 0.0 pips | 1.2 |
Oil Spread | |
From 0.0 pips | 0.87 |
Stocks Spread | |
NA | |
Forex Trading | |
Trade major and minor currency pairs 24/5 | Hugo's Way offers a good selection of 50+ major, minor and crosses with leverage up to 1:500 on the MT4 terminal. I was glad to see micro lot (0.01) trading available, as well as hedging, scalping and news trading strategies. |
GBPUSD Spread | |
From 0.0 pips | 1.2 |
EURUSD Spread | |
From 0.0 pips | 0.5 |
EURGBP Spread | |
From 0.0 pips | 0.4 |
Assets | |
62 | 55 |
Cryptocurrency | |
Trade leading cryptos against the US Dollar | I was impressed with the 35 crypto pairs on offer 24/7 on the MT4 terminal. Some of my favorites are available including BCH/BTC, ETH/BTC and BTC/USD with leverage up to 1:100. Traders also benefit from Bitcoin deposit options, though this might feel restricting for some. |
Spread | |
From 0.0 pips | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
Hankotrade vs |
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