Hugo’s Way vs Interactive Brokers
| Hugo's Way Review 2023 | Interactive Brokers Review 2023 |
|---|---|
Not Yet Rated
Hugo's Way is #13 in our CFD broker rankings. |
4.3
Interactive Brokers is #13 in our CFD broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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Hugo's Way is an unregulated forex, crypto and CFD broker with MT4 access and impressive assets, leverage rates and security measures. |
Interactive Brokers is a leading global brokerage that provides access to a comprehensive offering of stocks as well as forex, futures, metals, bonds and cryptos. The firm has over 40 years experience in the online trading industry and is heavily regulated by SEC, FCA, IIROC, and SFC. Traders use the proprietary Trader Workstation and can access powerful tools and data feeds as well as comprehensive educational resources. |
| Comment by Reviewer | |
| "Serious traders seeking a regulated broker with unparalleled access to stock markets should look at IB. Their range of stocks can't be beaten." | |
| Pros | |
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| Cons | |
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| Instruments | |
| Stocks, Futures, CFD, Forex, Crypto, Volatility Index | Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $100 |
| Regulator | |
| SEC, FCA, IIROC, SFC | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 1.55 - 2.59% | |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| Yes | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | No |
| LAMM Account | |
| Yes | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | iOS, Android and Windows |
| 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 |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade leveraged CFDs on thousands of global stocks as well as 13 global indices, 80+ forex pairs, and London gold and silver. Leverage is available in line with regulatory requirements. | |
| Leverage | |
| 1:500 | 1:50 |
| FTSE Spread | |
| 0.77 | 0.005% (£1 Min) |
| GBPUSD Spread | |
| 1.2 | Commission (.20 pts x trade value) |
| Oil Spread | |
| 0.87 | N/A |
| Stocks Spread | |
| From 0.003 per share, variable | |
| Forex Trading | |
| Hugo's Way supports CFD trading in 55 major, minor and exotic forex pairs on the industry-renowned MT4 trading platform. | Trade 85 major, minor and exotic forex pairs via CFDs on IB's FXTrader platform with tight spreads and low commissions, or trade forex on the spot market. They offer more FX assets than almost any competitor. |
| GBPUSD Spread | |
| 1.2 | Commission (.20 pts x trade value) |
| EURUSD Spread | |
| 0.5 | Commission (.20 pts x trade value) |
| EURGBP Spread | |
| 0.4 | Commission (.20 pts x trade value) |
| Assets | |
| 55 | 70+ |
| Cryptocurrency | |
| Hugo's Way is a Bitcoin-based crypto exchange and CFD broker with a wide range of major and minor cryptocurrency crosses. | Buy and hold Bitcoin, Bitcoin Cash, Ethereum and Litecoin with low commissions of 0.12%–0.18%. Fees are low and the broker offers a secure environment to invest in digital assets. |
| Spread | |
| Variable | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Hugo's Way vs |
Interactive Brokers vs |