Trader’s Way vs Hugo’s Way

Trader's Way vs Hugo's Way Comparison Table 2023
Trader’s Way Hugo’s Way
1.3
Not Yet Rated

Hugo's Way is #12 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Trader's Way is an offshore broker offering highly leveraged trading on dozens of forex pairs as well as cryptocurrencies and commodities through the MetaTrader 4, MetaTrader 5 and cTrader platforms. The broker has a decade of experience serving retail traders and provides 24/7 customer support.

Hugo's Way is an unregulated forex, crypto and CFD broker with MT4 access and impressive assets, leverage rates and security measures.

Bonus Offer
100% deposit bonus up to $5,000
Comment by Reviewer
"Trader's Way is best for traders interested in social investing with a low starting deposit and crypto funding solutions."
Pros
  • Tight spreads starting from zero and low commissions
  • Good selection of trading platforms including MT4
  • Social trading with MetaQuotes and FxStat
  • Decent range of 40+ currency pairs
  • Low deposit of $10 for beginners
  • High leverage up to 1:1000
  • VPS for active traders
  • Free demo account
Cons
  • Legal disputes under the State of Missouri
  • Unregulated status raises safety concerns
  • Lack of educational materials
  • Limited non-FX instruments
  • Complaints about payments
  • No US or UK clients accepted
  • Stock trading not available
Instruments
Forex, cryptocurrencies, commodities Stocks, Futures, CFD, Forex, Crypto, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No Yes
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
Yes iOS & Android
Auto Trading
Yes
Copy Trading
Yes No
Copy Trading Platform
Use market signals from experienced traders to start copy trading alongside established investors. cTrader in particular offers an easy way to start mirroring the strategies of other users.
Social Trading
Yes No
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
Yes No
Stock Exchanges
Commodities
CFD Trading
CFDs are available on metals, energies and cryptocurrency pairs with varying leverage and transparent fees.
Leverage
1:1000 1:500
FTSE Spread
N/A 0.77
GBPUSD Spread
0.5 1.2
Oil Spread
0.1 0.87
Stocks Spread
N/A
Forex Trading
42 forex pairs are available with high leverage up to 1:1000 and support for three popular and powerful trading platforms. Hugo's Way supports CFD trading in 55 major, minor and exotic forex pairs on the industry-renowned MT4 trading platform.
GBPUSD Spread
0.5 1.2
EURUSD Spread
0.5 0.5
EURGBP Spread
0.6 0.4
Assets
42 55
Cryptocurrency
Traders can access nine crypto pairs including BTC/USD, ETH/USD and XRP/USD with leverage up to 1:20. However the selection is narrower than many rivals. Hugo's Way is a Bitcoin-based crypto exchange and CFD broker with a wide range of major and minor cryptocurrency crosses.
Spread
Floating Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • DSH
  • XMR
  • ZEC
  • ETC
  • XRP
  • BTC
  • BCH
  • BIT
  • DASH
  • DOGE
  • EDO
  • EOS
  • ETH
  • QTUM
  • ETP
  • IOTA
  • USDT
  • LTC
  • NEO
  • OMG
  • ETC
  • SAN
  • TRX
  • XMR
  • IOST
  • XRP
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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