Hugo’s Way vs 4xCube

Hugo's Way vs 4xCube Comparison Table 2023
Hugo's Way	4xCube
Review 1.5 Hugo's Way is #14 in our CFD broker rankings.	Review 3.3
Traders from US accepted	Traders from US not accepted See available CFD brokers
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.	4xCube is an online forex and CFD broker registered and licensed in the Cook Islands. Clients can trade on popular financial markets and choose between three accounts based on their capital and trading strategy.
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."	"4xCube is a great option for traders familiar with the MetaTrader suite and those interested in copy trading."
Pros
I was glad to see the MT4 platform with flexible desktop, web and mobile access, plus an unlimited demo account for those who want to practice strategies continuously Experienced traders will appreciate the generous leverage up to 1:500 with no trading restrictions on strategies I'm pleased with the low minimum deposit requirement of $10 (equivalent in BTC), which ideal for novice investors or those on a budget I'm a fan of the 24/7 live chat alongside an email address and FAQ help section to help new traders get started quickly	Industry-leading MetaTrader 4 and MetaTrader 5 platforms are available Wide selection of payment methods including bank cards Commission-free trading with spreads from 0.1 pips Fast trade execution through liquidity providers Good trading courses and guides for beginners Welcome bonuses and trading promotions Large trading community on Discord Hokocloud copy trading tool
Cons
I would urge traders to be cautious since Hugo's Way is an unregulated brand, registered offshore in the Seychelles I find the overall market offering is very uncompetitive compared to other brands, with only 160+ assets on offer There are also no additional trading tools such as VPS or copy trading for those looking to broaden their trading experience It's a shame that deposits can only be made via Bitcoin or credit/debit card with higher minimum deposit requirements for using card	The broker is not regulated by a trusted authority High fees for some payment methods US clients are not accepted
Instruments
Stocks, Futures, CFD, Forex, Crypto, Volatility Index	Forex, CFDs, metals, indices, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$10	$10
Trading Platforms
MT4	MT4 MT5
Payment Methods
Bitcoin Payments Credit Card Mastercard Visa Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay GlobePay Mastercard Neteller Perfect Money Skrill Swift Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	FSC Cook Islands
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
Yes	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	Yes
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
	USD BRL
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Euronext Japan Exchange Group New York Stock Exchange
Commodities
Gold Natural Gas	Gold Silver
CFD Trading
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.	Trade CFDs on forex, indices, metals, oil and cryptocurrencies with high leverage up to 1:500 and competitive spreads, with the choice between zero commission or raw spreads.
Leverage
1:500	1:400
FTSE Spread
0.77	1.3
GBPUSD Spread
1.2	1.1
Oil Spread
0.87	0.08
Stocks Spread
	Variable
Forex Trading
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.	4xCube offers 60+ currency pairs with competitive trading conditions. We like that all trading strategies are permitted including scalping and hedging.
GBPUSD Spread
1.2	1.1
EURUSD Spread
0.5	0.7
EURGBP Spread
0.4	0.9
Assets
55	50+
Cryptocurrency
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.	Trade five crypto CFDs with BTC, BCH, ETH, LTC and XRP paired with USD and leverage available up to 1:20. Digital currencies can be traded around the clock, including on weekends.
Spread
Variable	From 4 pips
Coins
BTC BCH BIT DASH DOGE EDO EOS ETH QTUM ETP IOTA USDT LTC NEO OMG ETC SAN TRX XMR IOST XRP ZEC	BTC LTC XRP ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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