Fees

What is the inactivity fee at Hugo's Way?

The inactivity fee is charged to accounts that remain inactive for a certain period.  

Sun, 01 Sep, 2024 at 12:00
How long does my account need to be inactive before I am charged a fee?

Your account may be charged an inactivity fee if it’s been open for at least 180 days, with no deposits for 90 days and no trades for 30 days. If these conditions are met, the inactivity fee can be applied. 

Sun, 01 Sep, 2024 at 12:00
How much is the inactivity fee?

Clients who do not meet certain activity criteria may incur a $10 USD inactivity fee.  

Sun, 01 Sep, 2024 at 12:00
How much are the withdrawal fees?

Hugo's Way does not deduct any fees when processing withdrawal transactions. Please contact support on Live Chat in advance should you require more information.

Thu, 02 Dec, 2021 at 12:00
How much are the deposit fees?
  • Credit/Debit Card or Wire Transfer (3rd Party Platform): 0%
  • Bitcoin: 0%
Mon, 10 Apr, 2023 at 12:00
How is the inactivity fee charged?

The fee is deducted directly from your account balance. If you believe you may incur this fee, it’s best to reach out to Hugo's Way Customer Service to understand the impact it may have on your account. 

Sun, 01 Sep, 2024 at 12:00
How can I avoid the inactivity fee?

You can avoid inactivity fees by ensuring that your account remains active. This means logging in and performing any trading activity at least once within a 30-day period.  

Sun, 01 Sep, 2024 at 12:00
What happens if my balance is too low to cover the inactivity fee?

If your account balance is insufficient to cover the inactivity fee, Hugo’s Way may reduce the balance to zero. For further clarification, please consult with our Support Team.   

Sun, 01 Sep, 2024 at 12:00

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