File a Complaint against Hugo’s Way

Should You Trade with Hugo’s Way? 

Hugo’s Way was founded in 2018 and offers many assets to trade, including cryptocurrency, forex, stocks, and more. There are several aspects of the broker’s site that can make it seem reassuring, for instance, a declaration that the broker’s account is segregated from client accounts. This is not something special, however; it is simply what any broker should do and is basic financial ethics. Still, it is good that Hugo’s Way lets its clients know this as well as warns them about risks. However, with 1:500 leverage, this broker creates more risk. 

There Are Some Things You Should Know Before Trading with Hugo’s Way? 

Hugo’s Way may seem fine, but in fact, it doesn’t have a very reliable license. Contrary to popular belief, a poor license is not necessarily better than no license if the regulator does not give customers any oversight or protection in case there is a dispute. 

We Found the Following Problems With Hugo’s Way:

  • Not regulated

  • No transparency
  • No contact information
  • Bad reviews

What if You Have an Account with Hugo’s Way? 

If you have an account with Hugo’s Way we urge you to close it immediately and ask for a withdrawal of your funds. If the broker does not return your funds, you should report it and file a claim. ReportScamOnline will assist you with your claim and can help you retrieve your funds from the blockchain or through a chargeback or wire recall.

Fund Recovery from  Hugo’s Way

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