Trading
Hugo’s Way charges a commission of $5 per lot traded.
Trade problems should be reported by opening a ticket. In that ticket, please include your PRO4 number and ID of the trade in question.
Trade ID’s can be found here:
Once we have the above information, our trading desk manager can look into this for you.
Whilst active, there is no time limitation; however, if inactive, the demo account will be deleted after 30 days.Note - We do not store any data on demo accounts, and we are unable to assist with queries related to lost/forgotten passwords.
All accounts are ECN/STP, meaning all trades are sent directly to the Liquidity Provider. We also offer demo accounts so clients can practice trading and test strategies in a risk-free environment.
Yes, we allow hedging, scalping, and news trading.
- Hedging: Opening multiple positions to offset potential losses (e.g., buying and selling the same asset).
- Scalping: A short-term trading strategy that aims to profit from small price movements.
- News trading: Trading based on market volatility caused by economic news or major events.
We do not at this time. We will be adding them in the future. Check back at a later stage for progress on this account type.
With Hugo's Way, you are charged $5 per lot traded.
If you opt to trade with a smaller lot size, the commission fee will be adjusted based on the lot size selected.
For example, if you decide to place a trade with 0.5 lots, you would be charged $2.50.
At this present moment in time, we do not offer support for MAM accounts.
At this present moment in time, we do not offer support for PAMM accounts.
- Click on Internal Transfer
- Select Wallet to Wallet as Transfer Type
- Choose the account you need to send the funds from
- Choose the account you need to deposit into
- Enter the amount to transfer.
- Click Request Transfer
Please note the funds must be available in your Hugo's Way Wallet before you can transfer it.