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Read our In-Depth orbex vs Hugos Way Review - 2022 Update

This orbex vs Hugos Way review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this orbex vs Hugos Way review does not apply to US users.

So you are looking for an online trading platform and are choosing between orbex or Hugos Way. Who should you choose?

Our orbex vs Hugos Way review contains the most recent information so you can easily compare orbex and Hugos Way

If you're a new entrant in the world of trading and brokerage, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You will acquire adept at all the concepts of broker since you continue trading. For starters, you have to choose the right broker who'll be clear with you always.

Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan will create hefty returns. orbex and Hugos Way are just two such companies that will take you along with your investment to great heights. It is crucial to compare orbex vs Hugos Way until you trust them with your money.

Our orbex vs Hugos Way comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust orbex and Hugos Way side by side.

Our full orbex vs Hugos Way Review covers all you need to know about trading using either orbex or Hugos Way. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment goals.

There is no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you choose them. It is a common misconception that all brokers are the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.

orbex and Hugos Way are both brokers which have found their way successfully into the broker world. Within this review, we have tried to collate some of the important facets of both orbex and Hugos Way. This review can allow you to know whether either orbex or Hugos Way is a good match for your investments or not. We have attempted to breakdown all of the features and fees for your advantage.

Compare orbex vs Hugos Way

Every online trading platform has some ups and downs, and no orbex and Hugos Way review would be complete without having a balanced approach. Compare orbex and Hugos Way to understand how they stack up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.


learn more about orbex

orbex

Benefits of orbex

Established in 2012

Headquartered in Cyprus

Minimum Deposit of $250

(Your capital is at risk)

orbex Regulations

Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291 Regulations

orbex Languages

English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic

orbex Fees

Deposit FeesNo
Inactivity FeesNo
Withdrawal FeesYes
Min Deposit$250

(Your capital is at risk)


learn more about Hugos Way

Hugos Way

Benefits of Hugos Way

Established in 2017

Headquartered in St. Vincent and the Grenadines

Minimum Deposit of $50

(Trading leveraged products such as Forex and Cryptos may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.)

Hugos Way Regulations

Unregulated Regulations

Hugos Way Languages

English, and Chinese

Hugos Way Fees

Deposit FeesNo
Inactivity FeesNo
Withdrawal FeesNo
Min Deposit$50

(Trading leveraged products such as Forex and Cryptos may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.)


learn more about eToro

eToro (Our Preferred Broker)

Benefits of eToro

Established in 2007

Headquartered in Cyprus, UK

Minimum Deposit of $50


(67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies)

eToro Regulations

Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

eToro Languages

English, German, Spanish, French, and Italian

eToro Fees

Deposit FeesNo
Inactivity FeesYes
Withdrawal FeesYes
Min Deposit$50

(67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies)

Benefits of orbex and Hugos Way Compared

orbex offers a minimum deposit of $250 while Hugos Way has a $50 minimum deposit.

Why smaller minimum deposits are good and how orbex and Hugos Way compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

orbex allows you to trade around 174 financial instruments while Hugos Way allows you to trade around 100 on their platform.

The more instruments you can trade on the orbex and Hugos Way platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of orbex or Hugos Way.

orbex and Hugos Way Contact Details

Being able to contact a broker through many ways is important. orbex and Hugos Way have the following contact details and social medias that you can use.

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
Telephone Number
Email support@hugosway.com
Address Beachmont Business Centre, Suite 65, Kingstown, St. Vincent and the Grenadines
Twitter @ @hugosway
Facebook https://www.facebook.com/hugoswayofficial
Instagram https://www.instagram.com/hugoswayofficial/
LinkedIn
YouTube

Your capital is at risk

Trading leveraged products such as Forex and Cryptos may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.

Hugos Way and orbex Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms. In this part of our comparison of orbex and Hugos Way we'll check whether either of their mobile apps tick all the boxes. We rate overall the user-friendliness of the apps as better than average. It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
App Basic Alerts Yes Yes
Watchlist Yes Yes
Watchlist Syncs Across Devices No No
Trading Indicators In App Yes Yes
Can Draw Trendlines In App No No
Can Move Drawn Trendlines In App Yes Yes
App Offers Multiple Timeframes No No
App Saves Charts Yes Yes
App Has Economic Calendars Yes Yes

Your capital is at risk

Trading leveraged products such as Forex and Cryptos may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.

Review - Awards

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
Awards At the time of writing this orbex review, and despite orbex’s impressive offering, the company has surprisingly not garnered any other awards to date. At the time of writing this Hugos Way review, and despite Hugos Way’s impressive offering, the company has surprisingly not garnered any other awards to date.

orbex vs Hugos Way - Frequently Asked Questions

orbex vs Hugos Way - Headquarters and year of founding

orbex was founded in 2012 and has its head office in Cyprus.

Hugos Way was founded in 2017 and has its headquaters in St. Vincent and the Grenadines.

What is the minimum deposit for orbex or Hugos Way

The minimum deposit for orbex is $250.

The minimum deposit for Hugos Way is $50.

Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both orbex and Hugos Way are a good option.

orbex vs Hugos Way - Regulation And Licencing In More Detail

orbex is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291.

Hugos Way is regulated by Unregulated.

Hugos Way is unregulated but orbex has a strong collection of rules for ensuring honest trading on its individual platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).

In accordance with their own privacy policy, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare orbex vs Hugos Way Commission And Fees

orbex and Hugos Way are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an internet broker isn't necessarily affected by the number of clients they have.

But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly three types of fees for this objective.

The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you're spending a spread, funding speed, or a commission. The kinds of trading charges and the rates differ from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are those that are billed when you hold a leveraged position for more than a day.

Aside from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.

In general, neither orbex or Hugos Way charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as weekly or daily trading.

However, non-trading fees billed by orbex and Hugos Way are comparatively greater. Consequently, you're charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of resources.

This orbex vs Hugos Way review for 2022 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For orbex And Hugos Way

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
Minimum Deposit $250 $50
Withdrawal Fees Yes No
Inactivity Fees No No
Deposit Fees No No
CFD Fees No No

What Languages Do orbex and Hugos Way Support?

Being able to chat easily with your trading broker is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key factor to success when trading forex.

Here you will find all the languages that both orbex and Hugos Way support.

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
Languages English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic English, and Chinese

How Many Clients Do orbex and Hugos Way Have?

Both orbex and Hugos Way are well established with their client base. It is really important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.

Below you will find details of how many clients orbex and Hugos Way have

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
Clients 10,000+ 14,000+

What Payment Methods Do orbex and Hugos Way Accept?

orbex and Hugos Way both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at orbex and Hugos Way

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
Bank Transfers Yes Yes
Credit Cards Yes Yes
PayPal Yes No
Skrill Yes No
Payoneer Yes Yes
Neteller Yes Yes

What Can You Trade With orbex and Hugos Way?

orbex offers 174 trading instruments whilst Hugos Way offers Array.

Below you will find a full breakdown of what both orbex and Hugos Way offer

orbex
learn more about orbex
Hugos Way
learn more about Hugos Way
Total Forex Pairs 144 55
Major Forex Pairs Yes Yes
Minor Forex Pairs Yes Yes
Exotic Forex Pairs Yes Yes
Commodities Yes Yes
Metals Yes No
Energies Yes No
Agricultural No Yes
Total Shares 134 64
UK Shares No No
US Shares No No
German Shares Yes No
Japanese Shares No No