Eightcap vs Hugosway Compared 2025: Pros, Cons, and More!

Forex traders always look for trading with brokers that suit their trading needs and preferences. Eightcap and Hugosway are online forex brokers that offer their trading services to traders and investors. Eightcap is a highly regulated and trusted forex broker. It is regulated in three tier-1 jurisdictions and one tier-4 jurisdictions. On the other hand, Hugosway is an offshore forex broker which is not regulated by any regulatory bodies. 

In this article, we will review and compare the brokerage services offered by Eightcap and Hugosway. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.

Eightcap vs Hugosway: In a Nutshell

Eightcap

Founded in 2009, Eightcap is an Australian-based forex and CFD broker that offers online trading services worldwide. The broker is regulated by top-tier regulatory bodies, including ASIC, FCA, CySEC, SCB, and FSASVG. It allows the trading of over 800 instruments, including forex, shares, commodities, indices, and cryptocurrencies. Eightcap offers popular trading platforms and tools like MT4, MT5, TradingView, WebTrader, an AI-powered economic calendar, Capitalise.ai, and Flash Trader for smart trading. The broker also provides daily trade ideas, professional trading insights, and code-free automation. To learn more, you may read our review of Eightcap

Hugosway

Founded in 2017, Hugosway is a forex and CFD broker that offers online trading services. It is an unregulated offshore broker that operates globally. The broker provides ECN pricing with no spread mark-ups and charges only commissions on trades.

Hugosway gives traders access to over 200 instruments, including forex, CFDs, crypto CFDs, futures, indices, metals, and stocks. It allows various trading styles, including scalping, hedging, copy trading, and news trading. The broker offers a maximum leverage of 1:500.

Hugosway requires a minimum deposit of $10 or the equivalent to start trading. It supports BTC, Instacoins, and wire transfers via Instacoins for deposits and withdrawals. The broker provides 24/7 customer support through multiple channels.
However, Hugosway does not offer the MetaTrader (MT4/MT5) platform. It uses the Pro4 trading platform instead. To learn more about Hugosway, you can read our review about it.

Eightcap vs : Hugosway Features

Eightcap:

• Trading Instruments: 1000+ including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
• Maximum leverage: up to 500:1 for SCB regulation, and 30:1 for ASIC, CySEC, and FCA Jurisdiction.  
•  Minimum Deposit: $100 or Equivalent
• Account Types: Three Types of Accounts including Raw Account, Standard Account, Trading View Account 
• Fees: about $3.5 per lot on each side for the raw account, 1 pip spread for the standard account, 1 pip spread for the Tradingview account 
• PAMM/ MAM:  Available 
• Scalping: Allowed 
• News Trading: Allowed
• EA/ Robot Trading: Allowed

Hugosway

• Trading Instruments: 55 Currencies, 73 Stocks, 38 Cryptos 
• Trading Platforms: PRO4 Trading Platform
• Minimum Deposit:  $10
• Maximum Leverage: 1:500
• Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.01 pips. A rollover commission is applied on open positions overnight.
• Minimum Trade Size: 0.01 lot. 
• Maximum Trade Size (Lot restriction per Ticket): 1000 Lots 
• Funding Currencies: Wire Transfer, Credit Card, Bitcoin
• Trading Style Allowed: All including Scalping, hedging, News trading, and EA Trading. 
• PAMM/ MAM:  Available 
• Stop Out Level (retail): 70%
• Margin Call Level: 100% 
• Negative balance Protection: Yes 
• Investor Protection:  No investor protection is Available.
• Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity. 
• KYC Verification: Required

Eightcap vs Hugosway: Pros and Cons

Eightcap Pros and Cons

Hugosway Pros & Cons

Eightcap vs Hugosway: Side-by-Side Comparison

EightcapVs Hugosway: Our Scores and Ratings

We rated both brokers, Eightcap and Hugosway, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

Eightcap :

Hugosway

Final Verdict :

Both Eightcap and Hugosway offer similar trading services worldwide. However, there are differences in their regulations, reputation, and operation. Eightcap is a highly regulated and trusted forex broker. It is regulated by top-tier regulatory authorities, including ASIC, FCA, CySEC, SCB. On the other hand, Hugosway is an unregulated offshore forex broker. Eightcap provides Multiple trading platforms including MT4, MT5, TradingView, WebTrader. On the Contrary, Hugosway does not offer MT4/MT5. It uses only TradeLocker as its trading platform. 

As Eightcap is not licensed in the USA, it cannot accept US clients. Being an unregulated offshore forex broker, Hugosway can onboard clients from anywhere in the world, including the USA. Therefore, non-US traders may opt for Eightcap, while US traders looking for offshore forex brokers may consider Hugosway. Trading with offshore forex brokers is risky and not recommended.