Hugosway Review: Is Hugosway Legit Or Scam, Did Hugosway Latter Got Regulated?
Hugosway
Details
| Broker | Hugosway |
|---|---|
| Website URL | https://www.hugosway.com/?cmp=3l0g1x2i&refid=5997 |
| Founded | 2017 |
| Trading Platform | Mt4 |
| Minimum 1st Deposit | $5 |
| Minimum Trade Amount | 0.01 Minimum Lot |
| Leverage | From 1:100 Leverage |
| Free Demo Account | Open Demo |
| Regulation | Unregulated |
| Fee Info | No |
| Commission Info | No |
| Account Types | Real Account, demo |
| Deposit Methods | Credit cards, bitcoin, bank transfer |
| Withdrawal Methods | Same |
| Number of Assets | 3 |
| Types of Assets | 55 Currencies, 64 Stocks, 35 Cryptos |
| US Traders Allowed |  |
| Mobile Trading |
 |
| Tablet Trading |
|
| Overall Score | 7.0 |
Pros
- Hugosway broker offer good trading platform, Good customer support, low minimum deposit, low fees and commission
Cons
- Hugosway is Unregulated, They are still new
Hugosway review: Hugosway is true ECN and STP broker, offering forex, cryptos and stocks to retail traders. The broker is established in Beachmont Business Centre, Suite 65, Kingstown, St. Vincent and the Grenadines. Hugo’s Way offers a wide variety of instruments. However with this, they offer 24/7 custormer support with leverage of up to 1:100.
Hugosway was founded in 2017 by group of experts traders. Though hugos way is still new but have been providing the best trading platform. With that, so many signals provider and forex teachers prefer to send their traders to the broker. I first heard of hugosway from a forex coache at roninforexgroup. I decide to check them out, when tested the platform it was very fantastic. Of course, their good effort attracted clients. Compare broker with videforex, paxforex, hotforex and NSBroker.
Hugosway Account types
Hugos way offer two account types to traders and investors which is real and demo. This gives their traders a good opportunity to minimize risk. Therefore, traders can choose to try the account before investing using demo. But to open real account, you just have to register with them and verify your account.
Hugos way corporate account: This account type gives traders option to invest as a company. More-so you and any other trader on group can choose to open account.
Trading Platform
Hugos way offer MetaTrader software, I keep saying it, most brokers will offer MetaTrader as platform but still not offer a good trading platform. It doesn’t mean that MetaTrader will not remain the best trading platform. Therefore, at hugosway forex, they offer MetaTrader4. However, you can trade on this platform via android devices, windows, web-based and iOS . It gives you opportunities to fast execute your trade via hugos way ECN and STP. In fact hugos way is now one of the true ECN and STP broker.
Deposit And Withdrawal Methods
Hugosway offer multiple payment methods to traders. You can deposit and withdraw securely via Visa card, Mastercard, bitcoin and bank transfer. However the most important part of this broker is that it has separate account for traders fund. But if you want to deposit into their account, it’s equally good. Above, the minimum deposit on hugos way broker is $5. You can choose to hold fund in your name or hugos way name.
Customer Support
In the process of our hugosway review, we saw that hugosway broker offer good service. Generally speaking, their customer support agents is very fast. They serve traders request mostly via already made solutions. Example is FAQ and bot that easley suggests matched content from knowledge base. If not using this, you just have to call, email or use livechat to reach them. However their livechat response is less than a minute. Therefore if you are trading with them, you shouldn’t panic.
Is Hugosway Legit?
Is hugosway legit and reliable to trade with? Well, if they are not legit, you would here. Hugosway forex broker is reliable, legit and transparent. Firstly, you just have to read what others are saying. Join signals provider like ronin forex and learn how other traders in hugosway make money. But before you do that, complete your registration at hugosway.
Is Hugosway Regulated?
Hugosway is legit but not regulated. Traders might fear using unregulated broker. But to hugosway forex broker, we recommend even without regulatory compliance. However, on the dashboard, they are working for regulation. They made it clear that to be regulated is to restrict some countries and regions. Therefore, for now they like to offer all user their good service. Hugosway might accept US traders since they are not yet regulated. But be sure, hugosway is legit and best for ECN and STP trading.
Conclusion
Finally we will conclude hugosway review by telling you to start trading with them. However by viewing the offer that Hugos way Forex has in more detail, it is easy to see why it is the most used Forex Trading Platform. It is an award-winning, highly reputable, and strictly ECN and STP broker with a comprehensive and competitive offering and trading conditions.
Forex traders who use Hugos way will have full support despite their trading needs and their trading plan requirements.