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Hugo's Way account types
Every account type Hugo's Way offers, with the minimum deposit and the terms, as recorded in the database.
Facts last checked . Read the full Hugo's Way review.
Accounts
- Minimum deposit
- $5
- Account types
- ECN/STP Live, Demo
- Account currencies
- USD, EUR, GBP, CAD, AUD, BTC
- Islamic account
- No
- Demo account
- Yes
- Professional account
- No
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
A short account range, which usually means less to get wrong - the pricing you are shown is close to the pricing you get.
Base currencies: USD, EUR, GBP, CAD, AUD, BTC. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about Hugo's Way accounts
What account types does Hugo's Way offer?
Hugo's Way offers 2 account types: ECN/STP Live, Demo.
What is the minimum deposit at Hugo's Way?
The minimum deposit at Hugo's Way is $5. It can differ by account type and by the entity you register with.
Which base currencies does Hugo's Way support?
Hugo's Way accounts can be held in USD, EUR, GBP, CAD, AUD, BTC. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.