Kot4x
Hugo’s Way
Our Rating
35
30

Regulations and Licenses

Feature
Kot4x
Hugo’s Way
Unregulated

Brokerage

Feature
Kot4x
Hugo’s Way
EUR/USD Avg. Raw Spread
0.4
-
GBP/USD Avg. Raw Spread
-
-
AUD/USD Avg. Raw Spread
-
-
EUR/USD Standard Spread
0.8
0.9
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.7
AUD/USD Avg. Standard Spread
1.3
Commissions (USD Base)
$3.50
$5
Minimum Deposit
$10-$25
$100
Swap Free Account
No Inactivity Fees
Funding Methods
2+
4+
No Funding Fees

Markets and Instruments

Feature
Kot4x
Hugo’s Way
Currency Pairs
28+
55+
Cryptocurrency CFDs*
23+
38+
Index CFDs
8+
11+
Share CFDs
104+
104+
Commodities CFD
9+
6+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 500:1
CHF Pairs: 50:1
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
Kot4x
Hugo’s Way
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Kot4x
Hugo’s Way
Our Rating
35
30
 

How Do Hugo’s Way Vs KOT4X Compare?

Our full comparison covers the 10 most important trading factors. Here are five noticeable differences between KOT4X and Hugo’s Way:

  • Both Hugo’s Way and KOT4X offer MetaTrader 4 platforms but lack underlying ‘tier 1’ regulation.
  • Hugo’s Way charges a commission of $5 per trade, whereas KOT4X charges $3.50.
  • The minimum deposit for KOT4X ranges from $10-$25, while Hugo’s Way requires a minimum deposit of $100.
  • KOT4X offers 23+ cryptocurrency CFDs, while Hugo’s Way offers 38+.
  • Hugo’s Way and KOT4X are both unregulated offshore brokers based in St Vincent and the Grenadines.