Comparison of Hankotrade and Hugo’s Way
| Feature | Hankotrade | Hugo’s Way |
|---|---|---|
| Broker | ||
| Year Founded | 2010 | 2017 |
| Broker Type | ECN, STP | ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | - | - |
| Platforms | HankoX, HankoSocial | MetaTrader 4 (MT4), PRO4 |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $15 | $10 |
| Base Currencies | USD, EUR, CAD, AUD | USD, EUR, GBP, AUD, CAD, BTC |
| Funding Methods | Cryptocurrencies (BTC, ETH, USDT, BCH, USDC, TUSD) | Bitcoin (BTC), Credit/Debit Card, Bank Transfer |
| Inactivity Fee | ✖ | $10 after 30 days |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Forex, Commodities, Indices, Cryptocurrencies | Forex, Stocks, Indices, Metals, Energies, Cryptocurrencies |
| Review | Hankotrade Review | Hugo’s Way Review |
About Hankotrade
Hankotrade is an offshore ECN broker founded in 2010. Traders can choose between STP, ECN and ECN Plus accounts with deposits from $15, floating spreads from 0 pips and leverage up to 1:500. The company offers its own HankoX terminal, supports scalping and algorithmic trading, and processes deposits/withdrawals exclusively in popular cryptocurrencies.
Pros
- Crypto funding and $15 minimum deposit
- ECN spreads from 0 pips with low commissions
- Proprietary HankoX platform
Cons
- Unregulated offshore entity
- Crypto‑only payments, no fiat cards/wires
- No investor compensation scheme
- Limited educational resources
About Hugo’s Way
Hugo’s Way is an offshore ECN broker launched in 2017. Traders get raw spreads from 0 pips, 1:500 leverage and 150+ CFDs across forex, stocks, indices, metals, energies and 38 crypto pairs - all on MT4 and PRO4. The $10 minimum deposit is processed in Bitcoin or via third-party card gateways. Client funds are held in segregated accounts, negative-balance protection applies and scalping/EAs are fully allowed.
Pros
- Only $10 to start trading
- Raw spreads + $5 commission per lot (1 side)
- 1:500 maximum leverage with NBP
- 38 crypto pairs traded 24/7
- Supports scalping, hedging and EAs
Cons
- No tier‑1 regulation or compensation scheme
- Bitcoin‑centric deposits & withdrawals
- No advanced analytics or education
Hankotrade & Hugo’s Way Regulation
| Feature | Hankotrade | Hugo’s Way |
|---|---|---|
Companies | Hankotrade Global Markets Limited | Hugo’s Way Ltd |
Countries | Belize | Seychelles |
Regulators | - | - |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Hankotrade
Hankotrade Global Markets Limited
Hugo’s Way
Hugo’s Way Ltd
Countries
Hankotrade
Belize
Hugo’s Way
Seychelles
Regulators
Hankotrade
-
Hugo’s Way
-
Investor Protection
Hankotrade
-
Hugo’s Way
-
Investor Protection Size
Hankotrade
-
Hugo’s Way
-
Publicly Traded
Hankotrade
Hugo’s Way
Segregated Accounts
Hankotrade
Hugo’s Way
Guaranteed Stop Loss
Hankotrade
Hugo’s Way
Negative Balance Protection
Hankotrade
Hugo’s Way
Account Types
| Account | Hankotrade | Hugo’s Way |
|---|---|---|
STP Account | ||
| Account Name | STP | — |
| Min Deposit | $15 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.7 | — |
| Fee | No | — |
| Max Leverage | 1:500 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
ECN Account | ||
| Account Name | ECN | ECN |
| Min Deposit | $100 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $4 per 1 lot | $10 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 70% |
| Margin Call | 80% | 100% |
Zero Account | ||
| Account Name | ECN Plus | — |
| Min Deposit | $1000 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $2 per 1 lot | — |
| Max Leverage | 1:500 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Hankotrade
STP
Hugo’s Way
—
Min Deposit
Hankotrade
$15
Hugo’s Way
—
Lot Size
Hankotrade
0.01
Hugo’s Way
—
Spread Type
Hankotrade
Floating
Hugo’s Way
—
Execution
Hankotrade
Market
Hugo’s Way
—
Min Spread
Hankotrade
0.7
Hugo’s Way
—
Fee
Hankotrade
No
Hugo’s Way
—
Max Leverage
Hankotrade
1:500
Hugo’s Way
—
Stop Out
Hankotrade
50%
Hugo’s Way
—
Margin Call
Hankotrade
80%
Hugo’s Way
—
ECN Account
Account Name
Hankotrade
ECN
Hugo’s Way
ECN
Min Deposit
Hankotrade
$100
Hugo’s Way
$10
Lot Size
Hankotrade
0.01
Hugo’s Way
0.01
Spread Type
Hankotrade
Floating
Hugo’s Way
Floating
Execution
Hankotrade
Market
Hugo’s Way
Market
Min Spread
Hankotrade
0
Hugo’s Way
0
Fee
Hankotrade
$4 per 1 lot
Hugo’s Way
$10 per 1 lot
Max Leverage
Hankotrade
1:500
Hugo’s Way
1:500
Stop Out
Hankotrade
50%
Hugo’s Way
70%
Margin Call
Hankotrade
80%
Hugo’s Way
100%
Zero Account
Account Name
Hankotrade
ECN Plus
Hugo’s Way
—
Min Deposit
Hankotrade
$1000
Hugo’s Way
—
Lot Size
Hankotrade
0.01
Hugo’s Way
—
Spread Type
Hankotrade
Floating
Hugo’s Way
—
Execution
Hankotrade
Market
Hugo’s Way
—
Min Spread
Hankotrade
0
Hugo’s Way
—
Fee
Hankotrade
$2 per 1 lot
Hugo’s Way
—
Max Leverage
Hankotrade
1:500
Hugo’s Way
—
Stop Out
Hankotrade
50%
Hugo’s Way
—
Margin Call
Hankotrade
80%
Hugo’s Way
—
Additional Features
Demo Account
Hankotrade
Hugo’s Way
VIP Account
Hankotrade
Hugo’s Way
Swap-Free Account
Hankotrade
Hugo’s Way
Copy Trading
Hankotrade
Hugo’s Way
VPS
Hankotrade
Hugo’s Way
PAMM/MAM Accounts
Hankotrade
Hugo’s Way
Funding and Fees
| Feature | Hankotrade | Hugo’s Way |
|---|---|---|
Base currencies | USD, EUR, CAD, AUD | USD, EUR, GBP, AUD, CAD, BTC |
Deposit and withdrawal methods | Cryptocurrencies (BTC, ETH, USDT, BCH, USDC, TUSD) | Bitcoin (BTC), Credit/Debit Card, Bank Transfer |
Inactivity fee | $10 after 30 days | |
Interest on margin | ||
Withdrawal fee |
Base currencies
Hankotrade
USD, EUR, CAD, AUD
Hugo’s Way
USD, EUR, GBP, AUD, CAD, BTC
Deposit and withdrawal methods
Hankotrade
Cryptocurrencies (BTC, ETH, USDT, BCH, USDC, TUSD)
Hugo’s Way
Bitcoin (BTC), Credit/Debit Card, Bank Transfer
Inactivity fee
Hankotrade
Hugo’s Way
$10 after 30 days
Interest on margin
Hankotrade
Hugo’s Way
Withdrawal fee
Hankotrade
Hugo’s Way
Trading Platforms and Conditions
| Feature | Hankotrade | Hugo’s Way |
|---|---|---|
Trading Platforms | HankoX, HankoSocial | MetaTrader 4 (MT4), PRO4 |
Execution Speed | 150 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Hankotrade
HankoX, HankoSocial
Hugo’s Way
MetaTrader 4 (MT4), PRO4
Execution Speed
Hankotrade
150 ms
Hugo’s Way
-
Scalping
Hankotrade
Hugo’s Way
Expert Advisors (EAs)
Hankotrade
Hugo’s Way
Depth of Market (DOM)
Hankotrade
Hugo’s Way
Spread
Hankotrade
low
Hugo’s Way
low
Trading Assets
| Asset | Hankotrade | Hugo’s Way |
|---|---|---|
Currencies | 55 | 55 |
Indices | 11 | 11 |
Stocks | 0 | 73 |
Cryptocurrencies | 20 | 38 |
Bonds | 0 | 0 |
Metals | 4 | 4 |
Energies | 4 | 2 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 0 |
Currencies
Hankotrade
55
Hugo’s Way
55
Indices
Hankotrade
11
Hugo’s Way
11
Stocks
Hankotrade
0
Hugo’s Way
73
Cryptocurrencies
Hankotrade
20
Hugo’s Way
38
Bonds
Hankotrade
0
Hugo’s Way
0
Metals
Hankotrade
4
Hugo’s Way
4
Energies
Hankotrade
4
Hugo’s Way
2
Soft Commodities
Hankotrade
0
Hugo’s Way
0
ETFs
Hankotrade
0
Hugo’s Way
0
Education and Analytics
| Feature | Hankotrade | Hugo’s Way |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Hankotrade
Hugo’s Way
Indicators
Hankotrade
Hugo’s Way
Robots
Hankotrade
Hugo’s Way
Signals
Hankotrade
Hugo’s Way
Autochartist
Hankotrade
Hugo’s Way
Expert Analytics
Hankotrade
Hugo’s Way
News Feed
Hankotrade
Hugo’s Way
Education Articles
Hankotrade
Hugo’s Way
Webinars
Hankotrade
Hugo’s Way
Seminars
Hankotrade
Hugo’s Way
Bonuses
| Bonus | Hankotrade | Hugo’s Way |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $1000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
Hankotrade
Hugo’s Way
Size
Hankotrade
100%, up to $1000
Hugo’s Way
—
Details
Hankotrade
Hugo’s Way
—
Customer Support
| Contact | Hankotrade | Hugo’s Way |
|---|---|---|
Email | support@hankotrade.com | support@hugosway.com |
Facebook | — | |
Instagram | — | |
Twitter | — |
Email
Hankotrade
Hugo’s Way
Facebook
Hankotrade
—
Hugo’s Way
Instagram
Hankotrade
—
Hugo’s Way
Twitter
Hankotrade
—
Hugo’s Way
Which Broker is Better?
After comparing Hankotrade and Hugo’s Way, Hugo’s Way comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Hankotrade Comparisons
Hugo’s Way Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.