Hugo’s Way
Tradersway
Our Rating
30
39

Regulations and Licenses

Feature
Hugo’s Way
Tradersway
Unregulated

Brokerage

Feature
Hugo’s Way
Tradersway
EUR/USD Avg. Raw Spread
-
0.5
GBP/USD Avg. Raw Spread
-
0.5
AUD/USD Avg. Raw Spread
-
0.7
EUR/USD Standard Spread
0.9
1.4
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.7
2.1
AUD/USD Avg. Standard Spread
1.3
2.5
Commissions (USD Base)
$5
$3.00
Minimum Deposit
$100
$10
Swap Free Account
No Inactivity Fees
Funding Methods
4+
14+
No Funding Fees

Markets and Instruments

Feature
Hugo’s Way
Tradersway
Currency Pairs
55+
39+
Cryptocurrency CFDs*
38+
9+
Index CFDs
11+
-
Share CFDs
104+
-
Commodities CFD
6+
4+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Hugo’s Way
Tradersway
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Hugo’s Way
Tradersway
Our Rating
300
390
 

How Do Trader’s Way Vs Hugo’s Way Compare?

Our full comparison covers the 10 most important trading factors. Here are five noticeable differences between Hugo’s Way and Trader’s Way:

  1. Hugo’s Way charges a commission of $5 per lot per side, while Trader’s Way charges $2.5 per lot per side.
  2. Hugo’s Way has a withdrawal fee of 2.5%, whereas Trader’s Way doesn’t charge any withdrawal fees.
  3. Both brokers offer MetaTrader 4 and 5, but only Trader’s Way offers cTrader.
  4. Hugo’s Way is registered in St. Vincent and the Grenadines, while Trader’s Way is registered in the Commonwealth of Dominica.
  5. Hugo’s Way requires a minimum deposit of $50 for a Live account, while Trader’s Way requires only $10.