Hugo’s Way vs Crypto.com
| Hugo's Way Review 2023 | Crypto.com Review 2023 |
|---|---|
1.5
Hugo's Way is #15 in our CFD broker rankings. |
3
Crypto.com is #33 in our crypto broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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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. |
Crypto.com is one of the biggest names in cryptocurrency trading, developed with the aim to expedite the world's transition to DeFi technologies. The crypto exchange offers token lending, pre-paid cards, NFTs and more. The firm was established in Germany in 2016 and its quality is proven by its 10 million active users. |
| 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." | "Crypto.com is good for retail investors that want to speculate on the crypto markets with the security of an established and reputable exchange." |
| Pros | |
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| Cons | |
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| Instruments | |
| Stocks, Futures, CFD, Forex, Crypto, Volatility Index | Crypto |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $10 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.0003 BTC |
| Margin Trading | |
| Yes | Yes |
| 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 | iOS & Android |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| 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 | No |
| Stock Exchanges | |
| Commodities | |
| 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. | CFD trading not offered |
| Leverage | |
| 1:500 | |
| FTSE Spread | |
| 0.77 | |
| GBPUSD Spread | |
| 1.2 | |
| Oil Spread | |
| 0.87 | |
| 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. | Forex trading not offered |
| GBPUSD Spread | |
| 1.2 | |
| EURUSD Spread | |
| 0.5 | |
| EURGBP Spread | |
| 0.4 | |
| Assets | |
| 55 | |
| 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. | Crypto.com provides access to more than 100 cryptocurrencies, including Bitcoin. All products can be purchased with leverage of up to 1:3 and trading fees follow an effective tiered commission structure. |
| Spread | |
| Variable | |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Hugo's Way vs |
Crypto.com vs |