Trading
Our margin rules are the following:
- Margin Call - 100%
- Stop Out level - 70%
You can see your Margin Level on your Trading Platform of choice.
If your Margin Level drops to 100%, you’ll get a margin call, which means you won’t be able to open any new trades.
If it falls to 70% or below, a stop-out will occur. This means the platform will automatically start closing your open trades, starting with the biggest losers, to help prevent your account from going into a negative balance.
We do not at this time. We will be adding them in the future. Check back at a later stage for progress on this account type.
CFDs (Contracts for Difference) are a way to trade on the price movement of an asset - like forex, stocks, or commodities - without actually owning it. You simply profit or lose based on whether the price goes up or down.
Yes, this can happen in rare market conditions, and we do not offer negative balance protection.
That said, such situations are very uncommon, and our specialist Trade Desk is always available to assist you with any questions or concerns if needed.
Yes, we allow hedging, scalping, and news trading.
- Hedging: Opening multiple positions to offset potential losses (e.g., buying and selling the same asset).
- Scalping: A short-term trading strategy that aims to profit from small price movements.
- News trading: Trading based on market volatility caused by economic news or major events.
Hugo’s Way charges a commission of $5 per lot traded.
Leverage means you can trade a larger amount in the market using a smaller amount of your own money. The level of leverage you choose depends on how much risk you’re comfortable taking - higher leverage can increase both profits and losses.
If you’re unsure what to choose, it’s a good idea to speak with a mentor or do some research online to better understand how it works. Keep in mind that leverage can vary depending on the asset or currency pair you’re trading.
Click here for - Leverage offered by Hugo's Way
Whilst active, there is no time limitation; however, if inactive, the demo account will be deleted after 30 days.Note - We do not store any data on demo accounts, and we are unable to assist with queries related to lost/forgotten passwords.