Hugo’s Way vs Libertex

Hugo's Way vs Libertex Comparison Table 2023
Hugo's Way Review 2023	Libertex Review 2023
Review Not Yet Rated Hugo's Way is #13 in our CFD broker rankings.	Review 3.6
Traders from US accepted	Traders from US not accepted See available CFD brokers
Hugo's Way is an unregulated forex, crypto and CFD broker with MT4 access and impressive assets, leverage rates and security measures.	Libertex is a well-known broker, established in 2012. The regulated brand has served numerous clients and is regulated by the Cyprus Securities and Exchange Commission with license number 164/12. Libertex offers CFD trading on 250+ underlying assets, including through an innovative and user-friendly proprietary web trader platform. Choose between CFDs on forex, cryptocurrencies, commodities, stocks, indices and ETFs, which are available with tight spreads and low commissions.
	77.77% of retail investor accounts lose money when trading CFDs with this provider.
Comment by Reviewer
	"Libertex will appeal to both beginner and experienced traders thanks to its easy-to-use platform and low fees. The brand is also a good pick for share dealing with commission-free stock investing."
Pros
	Very competitive pricing with low commission fees User-friendly platform as well as support for MT4 and MT5 Helpful customer support available in multiple languages 250+ underlying assets as well as investment in real shares Accepts wide range of funding methods 40+ industry awards Tight spreads
Cons
	List of tradeable underlying assets is small compared to rivals Lacks educational content and other features Limited account options No copy trading
Awards
	Best CFD Broker 2023 Best Trading Platform 2022 Best Crypto CFD Broker 2022 Best CFD Broker Europe 2022 Best FX Broker 2021 Most Trusted Broker Europe 2021 Best Trading Platform 2021
Instruments
Stocks, Futures, CFD, Forex, Crypto, Volatility Index	CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$50	€100
Trading Platforms
MT4	Libertex (and mobile app) MT4 MT5
Payment Methods
Bitcoin Payments Credit Card Mastercard Visa Wire Transfer	Credit Card Debit Card Giropay iDeal Neteller PayPal Paysafecard Przelewy24 Rapid Transfer Skrill Sofort Trustly Visa Wire Transfer
Minimum Trade
0.01 Lots	€20
Regulator
	CySEC
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	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS, Android + Browser
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
	Yes - if the client is inactive for 180 calendar day. Applies to clients with a total account balance less than 5000 euros (4500 GBP, 5300 CHF, 22500 PLN respectively)
Islamic Account
No	No
Account Currencies
	EUR GBP CHF PLN
Stock Exchanges
Australian Securities Exchange Deutsche Boerse Euronext Japan Exchange Group New York Stock Exchange	Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Nasdaq Russell 2000 S&P 500
Commodities
Gold Natural Gas	Cocoa Coffee Copper Corn Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
	Libertex's list of CFDs covers a decent range of tradeable underlying assets, but there isn't much depth with only around 250 in total. Leverage up to 1:30 for retail clients is available in accordance with CySEC regulations, and traders can choose between three excellent trading platforms. Best of all are the tight spreads available on all markets and the zero commissions on investments in stocks.
Leverage
1:500	Up to 1:30 (Retail)
FTSE Spread
0.77	Variable
GBPUSD Spread
1.2	Variable
Oil Spread
0.87	Variable
Stocks Spread
	Variable
Forex Trading
Hugo's Way supports CFD trading in 55 major, minor and exotic forex pairs on the industry-renowned MT4 trading platform.	Libertex offers CFD trading on 50+ forex pairs, offering long and short opportunities. Its strength comes in its tight spreads – we were offered 0.2 pips for EUR/USD.
Forex App
	Libertex offers an iOS and Android-compatible mobile app with advanced features and trading tools. Users can make deposits, execute positions and analyze the markets in a few swipes. Traders can also flick between live and demo mode with one tap.
GBPUSD Spread
1.2	From 0.2
EURUSD Spread
0.5	From 0.2
EURGBP Spread
0.4	From 0.2
Assets
55	50+
Currency Indices
	USD
Cryptocurrency
Hugo's Way is a Bitcoin-based crypto exchange and CFD broker with a wide range of major and minor cryptocurrency crosses.	With 70+ cryptocurrencies available to trade via CFDs with tight spreads, low commissions and overnight swap fees, Libertex is a great option for crypto CFD traders. The list of crypto CFDs includes the usual major players like Bitcoin and a good variety of lesser-known cryptos such as Tezos.
Spread
Variable	Variable
Coins
BTC BCH BIT DASH DOGE EDO EOS ETH QTUM ETP IOTA USDT LTC NEO OMG ETC SAN TRX XMR IOST XRP ZEC	AAVE ADA ALGO APE APT ARB ATM AVA AXS BCH BNB BTC CAKE CHZ COMP DASH DOGE EGLD ENJ EOS ETC ETH FIL FLOW FTM GMT ICP IOT LNK LTC MANA MATIC MKR NEO NOMG ONT QTM ROSE RUNE SAND SHIB SNX SOL STRAT SUSHI THETA TRX TWT UMA UNI VET XEM XLM XMR XRP XTZ ZEC ZRX
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	77.77% of retail investor accounts lose money when trading CFDs with this provider.
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