HugosWay Vs Eightcap

How HugosWay and Eightcap Compare in 2023

HugosWay or Eightcap who is better?

Compare HUGOSWAY Versus EIGHTCAP and IC Markets broker accounts.


Compare HugosWay Vs Eightcap Side by Side

So you are looking for a broker, HugosWay or Eightcap who should you choose?

When trading on financial markets you will want to know all about who HugosWay or Eightcap are, and how they compare. You will naturally want to know how long HugosWay and Eightcap have been in business and what reputation HugosWay and Eightcap have. On top of this, you will need to discover if HugosWay and Eightcap match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how HugosWay and Eightcap compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of HugosWay and Eightcap side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing HugosWay and Eightcap. By comprehensively comparing HugosWay and Eightcap features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with HugosWay, Eightcap or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on HugosWay and Eightcap. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the HugosWay platform or Eightcap, you can trust with your money with them. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


HugosWay

(3/5)
Benefits of HugosWay?
  • Established in 2017
  • HugosWay have been in business for 6 years.
  • Head quarters in St. Vincent and the Grenadines.
  • Live Chat
  • Segregates clients funds
  • HugosWay Min deposit $10
HugosWay screenshot hugosway sign up here
Your capital is at risk
Reputation Support
Good
Good

HugosWay Regulation

HugosWay is regulated by the Unregulated.

Excluded Countries

US, IN, PK, BD, NG , ID, BE

HugosWay Fees

Deposit fee No
Commission Yes
Inactivity fee No
Withdrawal fee varies
Min trade 0.01 Lot
Max trade 100 Lot
Min deposit $10
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all HugosWay
funding options here
Your capital is at risk

HugosWay Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

HugosWay Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

HugosWay Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

See HugosWay
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See HugosWay
instruments here
Your capital is at risk

HugosWay Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the HugosWay website. Our records were last updated on .

Visit HugosWay today
Your capital is at risk

Eightcap

(3/5)
Benefits of Eightcap?
  • Established in 2015
  • Eightcap have been in business for 8 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • Eightcap Min deposit $100
Eightcap screenshot Eightcap sign up here
Losses can exceed deposits
Reputation Support
Good
Good

Eightcap Regulation

Eightcap is regulated by the Australian Securities and Investments Commission (ASIC).

Excluded Countries

US

Eightcap Fees

Deposit fee Yes
Commission Yes
Inactivity fee No
Withdrawal fee Yes
Min trade 0.01 Lot
Max trade None
Min deposit $100
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
1 business day

Withdrawal processing time
1-5 business days
See all Eightcap
funding options here
Losses can exceed deposits

Eightcap Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Eightcap Platforms

MT4, Tablet & Mobile apps

Eightcap Languages

English, and Chinese

See Eightcap
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Eightcap
instruments here
Losses can exceed deposits

Eightcap Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Eightcap website. Our records were last updated on .

Visit Eightcap today
Losses can exceed deposits

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 16 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

HugosWay Vs Eightcap Table of Contents

HugosWay and Eightcap in Detail

HugosWay Review Screenshot

The HugosWay online trading platform gives traders from all over the world access to over 100 financial instruments including over 100 available instruments. There are over 5,000+ registered customers that have taken advantage of the HugosWay platform.

HugosWay are regulated by Unregulated.

HugosWay Review Screenshot

Eightcap is a renowned Australia financial trading brokerage established in 2015.

Eightcap serves customers globally and are regulated by Australian Securities and Investments Commission (ASIC). Depending on the country you are trading from HugosWay may serve you from a different business entity to comply with its financial regulators.

Eightcap is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. HugosWay is listed as a publically traded company so are a reputable broker.

Benefits of HugosWay and Eightcap Compared

Below, we will give you a summary of the benefits HugosWay and Eightcap offer side by side.

HugosWay offers a minimum deposit of 10 while Eightcap have a 100 minimum deposit.

Why smaller trading deposits are good and how HugosWay and Eightcap compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either HugosWay or Eightcap. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. HugosWay requires a minimum deposit of 10, whereas Eightcap mandates a minimum deposit of 100. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's HugosWay or Eightcap, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

HugosWay allows traders to trade up to 100 financial instruments while Eightcap have around 100 on their trading platform.

The more instruments available on HugosWay and Eightcap trading platforms the more potential financial instruments you can buy or sell for your portfolio. 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 HugosWay or Eightcap.

The HugosWay trading platform has 64 stocks listed while Eightcap has 0 stocks listed.

HugosWay allows retail traders to trade the following assets Forex, Cryptocurrency, Stocks on the HugosWay MT4, Mirror Trader, Web Trader, Tablet & Mobile apps trading platforms.

Alternatively Eightcap allows retail traders to trade Forex, CFDs on the Eightcap MT4, Tablet & Mobile apps trading platforms.

Compare HugosWay and Eightcap in more detail below.

Drawbacks of HugosWay and Eightcap Compared

Below we compare what drawbacks HugosWay and Eightcap have side by side.

Various potential downsides can be associated with certain brokers, including HugosWay and Eightcap. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by HugosWay compared to Eightcap. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of HugosWay versus Eightcap.

Broker hugosway Eightcap IC Markets
Inactivity Fees No No No
Withdrawl Fees varies Yes No
Withdrawal Processing Time Varies 1-5 business days Varies
Min Deposit 10 100 200
Social Trading No No Yes
Excluded Countries US, IN, PK, BD, NG , ID, BE US US, IR, CA, NZ, JP

HugosWay Vs Eightcap Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with HugosWay or Eightcap. A diversified portfolio with HugosWay or Eightcap can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like HugosWay or Eightcap, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as HugosWay and Eightcap.

Broker hugosway Eightcap IC Markets
Instruments Available 100 100 2250
Offers share dealing No No Yes
Number of Shares 64 0 2,100
Offers US Stocks No No Yes
Offers UK Stocks No No Yes
Offers German Stocks No Yes Yes
Offers Japanese Stocks No Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 0 0 20
Offers Metals Commodities No Yes Yes
Offers Energy Commodities No Yes Yes
Offers Agricultural Commodities Yes No Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 55 45 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes Yes
Offers Exotic Forex Pairs Yes Yes Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading No No Yes

HugosWay Vs Eightcap Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both HugosWay and Eightcap, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both HugosWay and Eightcap offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with HugosWay or Eightcap is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with HugosWay or Eightcap could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on HugosWay, Eightcap, and all brokers are subject to regulation.

We compare HugosWay vs Eightcap Crypto options below side by side.

Broker hugosway Eightcap IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) Yes No Yes
Cryptocurrencies Offered BTC, BCH, BIT, DASH, EDO, EOS, ETH, QTUM, ETP, IOTA, USDT, LTC, NEO, OMG, ETC, SAN, TRX, XMR, IOST, XRP, ZEC BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

HugosWay Vs Eightcap Commission and Fees

knowing your trading and commission fees with HugosWay vs Eightcap is extremely important. For the majority of the HugosWay 100 financial instruments and Eightcap 100 available financial instruments.

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with HugosWay and Eightcap. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with HugosWay and Eightcap before you invest because you must know what you are paying.

You ideally want to choose a broker like HugosWay or Eightcap that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with HugosWay or Eightcap. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential HugosWay and Eightcap fees, of course. Make sure you do your research and check the commission and fees with both HugosWay and Eightcap before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with HugosWay or Eightcap be aware of or 3rd party payment provider fees and currency conversion fees.

HugosWay and Eightcap do not charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant HugosWay and Eightcap accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your HugosWay or Eightcap account, or choose to close it.

Usually, the associated fees for dormant HugosWay or Eightcap accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live HugosWay or Eightcap trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like HugosWay or Eightcap you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay HugosWay or Eightcap nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how HugosWay vs Eightcap compare side by side for commissions and fees.

Broker hugosway Eightcap IC Markets
Min Deposit 10 100 200
Inactivity Fees No No No
Withdrawal Fees varies Yes No
Deposit Fees No Yes Varies

HugosWay Vs Eightcap Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the HugosWay and Eightcap platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an HugosWay or Eightcap demo account.

Broker hugosway Eightcap IC Markets
Offers MT4 Yes Yes Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

HugosWay Vs Eightcap Mobile Trading

Trading on your mobile with HugosWay and Eightcap can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and HugosWay and Eightcap mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with HugosWay or Eightcap. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with HugosWay or Eightcap can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with HugosWay or Eightcap is essential. Likewise, if you have an android phone, it's crucial to verify if HugosWay or Eightcap broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if HugosWay and Eightcap have trading apps compatible with your device.

Broker hugosway Eightcap IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes Yes
Android Trading App Yes Yes Yes
Microsoft Trading App No Yes Yes

HugosWay Vs Eightcap Trading Account Types Offered

HugosWay Vs Eightcap Demo Account

A demo account with HugosWay or Eightcap is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an HugosWay and Eightcap demo account.

HugosWay Vs Eightcap Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if HugosWay or Eightcap offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

HugosWay does offer clients Micro accounts, while Eightcap does not offer clients Micro accounts.

HugosWay Vs Eightcap Standard Account

A standard account is available on HugosWay and Eightcap to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both HugosWay and Eightcap do offer clients Standard accounts.

HugosWay Vs Eightcap MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with HugosWay or Eightcap or alternative.

HugosWay does not offer clients MAM accounts, while Eightcap does offer clients MAM accounts.

HugosWay Vs Eightcap ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with HugosWay or Eightcap or alternative.

HugosWay does not offer clients ECN accounts, while Eightcap does offer clients ECN accounts.

HugosWay Vs Eightcap Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with HugosWay or Eightcap or alternative.

HugosWay does offer clients Islamic accounts, while Eightcap does not offer clients Islamic accounts.

HugosWay Vs Eightcap STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with HugosWay or Eightcap or alternative.

Both HugosWay and Eightcap offer clients STP accounts.

HugosWay Vs Eightcap Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

HugosWay and Eightcap do not offer clients Managed accounts.

Broker hugosway Eightcap IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts Yes No No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No Yes Yes
Offers ECN Accounts No Yes No
Offers Islamic Accounts Yes No Yes
Offers STP Accounts Yes Yes No
Offers Managed Accounts No No No

HugosWay Vs Eightcap Withdrawal and Funding Methods

HugosWay and Eightcap have multiple deposit and withdrawal options. Funding and withdrawing from your HugosWay and Eightcap accounts to your chosen payment method should be straightforward. Lets see how HugosWay and Eightcap compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from HugosWay or Eightcap.

Broker hugosway Eightcap IC Markets
Payment Methods Payoneer, Credit cards, Bank Transfer, PayPal, Neteller, Debit cards, Credit cards, Debit cards, Bank Transfer, POLi, UnionPay, Payoneer, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

HugosWay Vs Eightcap Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of HugosWay or Eightcap support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the HugosWay and Eightcap support is always available when needed. HugosWay and Eightcap customer support is not just useful. broker customer support is crucial to your trading success!

HugosWay Vs Eightcap Live Chat

Live chat is important for several reasons. When you encounter a problem with HugosWay or Eightcap trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both HugosWay and Eightcap offer livechat support.

HugosWay Vs Eightcap Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either HugosWay or Eightcap you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the HugosWay or Eightcap support team to answer satisfactorily. Email support with HugosWay and Eightcap will be needed.

Both HugosWay and Eightcap offer email support.

HugosWay Vs Eightcap Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either HugosWay or Eightcap. We can get straight to the point, saving us time and frustration.

Both HugosWay and Eightcap offer phone support.

Lets see how HugosWay and Eightcap customer support compare side by side.

Broker hugosway Eightcap IC Markets
Offers Live Chat Yes Yes Yes
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, and Chinese English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone 61 3 8373 4800 No

HugosWay Vs Eightcap Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether HugosWay and Eightcap are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that HugosWay or Eightcap have these in place, please be extremely cautious before you proceed with them.

We compare HugosWay Vs Eightcap financial regulation and licensing side by side below.

Broker hugosway Eightcap IC Markets
FCA Regulation No No No
CySEC Regulation No No Yes
MiFID Regulation No No No
ASIC Regulation No Yes Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

HugosWay Vs Eightcap Risk Management Features

When trading with either HugosWay or Eightcap you will want to understand and make full use of all the risk management features on your HugosWay or Eightcap trading platforms.

We compare side by side the trading risk management features offered by HugosWay and Eightcap below.

HugosWay Vs Eightcap Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both HugosWay and Eightcap do offer clients hedging.

HugosWay Vs Eightcap Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both HugosWay and Eightcap do offer clients stop losses.

HugosWay Vs Eightcap Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both HugosWay and Eightcap do offer clients limit orders.

HugosWay Vs Eightcap Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

HugosWay does offer clients negative balance protection, while Eightcap does not offer clients negative balance protection.

Broker hugosway Eightcap IC Markets
Offers Hedging Yes Yes Yes
Negative Balance Protection Yes No Yes
Guaranteed Stop Loss No No No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes Yes

HugosWay Vs Eightcap Verdict

We hope this HugosWay Vs Eightcap guide has helped you decide who is best to trade with out of HugosWay and Eightcap.

When choosing a broker like HugosWay or Eightcap for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with HugosWay or Eightcap are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as HugosWay or Eightcap, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with HugosWay or Eightcap.

Also, before you sign up with online brokers like HugosWay or Eightcap, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with HugosWay or Eightcap before investing money into something.

Beware of the risks that come with trading with HugosWay or Eightcap. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all HugosWay and Eightcap educational resources and financial research tools. If you are new to trading, sign up for a demo account with HugosWay and Eightcap to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using HugosWay or Eightcap will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if HugosWay and Eightcap fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with HugosWay or Eightcap if your investment strategy is more long-term.

HugosWay and Eightcap Alternatives

If HugosWay and Eightcap are not what you are not quite what you are looking for we list some of the best HugosWay and Eightcap alternatives below.

Other HugosWay and Eightcap Vs Comparisons

If you are still looking for an alternative to HugosWay and Eightcap and want to see how HugosWay or Eightcap compares Vs other brokers check out the HugosWay Vs and Eightcap Vs list below.

HugosWay Vs Alternatives

Still not happy have a look at some of our alternative HugosWay Vs side by side comparisons below

Eightcap Vs Alternatives

Still not happy have a look at some of our alternative HugosWay Vs side by side comparisons below

HugosWay Vs Eightcap Frequently Asked Questions

We answer some of the most frequently asked HugosWay Vs Eightcap questions below.

Is HugosWay any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is HugosWay legit? - HugosWay are regulated by Unregulated and have been in business since 2017

Is Eightcap any Good?

Eightcap are regulated by Australian Securities and Investments Commission (ASIC) and have been in business since 2015.

Which is better HugosWay or Eightcap?

HugosWay and Eightcap do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is HugosWay a con?

HugosWay is regulated by Unregulated and have been in business since 2017. We recommend looking at a HugosWay alternative that has more financial regulation.

Is Eightcap a con?

Eightcap is regulated by Australian Securities and Investments Commission (ASIC) and have been in business since 2015. We recommend looking at a Eightcap alternative that has more financial regulation.

What happens if HugosWay or Eightcap go bust?

HugosWay and Eightcap are regulated, which means that as part of their regulatory obligations HugosWay and Eightcap have to offer a certain level of financial protection to their clients. HugosWay and Eightcap should by law keep client funds separate from HugosWay and Eightcap funds. If either HugosWay or Eightcap goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the HugosWay and Eightcap websites and regulators.

Are HugosWay or Eightcap good for beginners?

HugosWay and Eightcap offer low deposits and access to a selection of market insights and news resources. Both HugosWay and Eightcap offer demo accounts. Demo trading accounts are a big plus for HugosWay and Eightcap as it shows they are interested in their customers.


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