Just Markets vs Hugosway 2025: Features, Pros, Cons, Ratings, and More

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Forex traders always look for trading with brokers that suit their trading needs and preferences. JustMarkets and Hugosway are online forex brokers that offer their trading services to traders and investors.  JustMarkets is a highly regulated and trusted forex broker. It is regulated in one tier-1 jurisdictions, one tier-2 jurisdictions, and two 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 JustMarkets 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. 

Just Markets vs Hugosway: In a Nutshell

Just Markets

Founded in 2012, Just Markets is an online forex broker that offers forex and CFD trading facilities. Regulated by CySEC, FSC (Mauritius), and FSA (Seychelles), Just Markets provides a wide range of trading instruments, including Forex, CFDs, and Cryptocurrencies. The broker allows almost all trading styles, from scalping to EA Trading, Copy Trading, and news trading.

Just Markets offers multiple trading platforms such as MT4, MT5, and a mobile trader platform. For passive investors, Just Markets provides a “copy trading” platform. The broker offers leverage as high as 3000:1. Additionally, with floating spreads starting from 0 pips, Just Markets aims to provide competitive pricing for its clients.

JustMarkets Overview

JustMarkets Overview
  • Founded In: 2012
  • Minimum Deposit: $1
  • Maximum Leverage: 1:3000
  • Regulations: FSA, Cysec,FSCA,FSC
  • Trading platform: MT4, MT5
  • Account Types: Standard, Raw, Pro 
  • Payment Options: VISA, MasterCard, Airtm, Binance/Binance Pay, Bitcoin, Bitcoin Cash, Boleto, Dogecoin (DOGE), Ether/Ethereum, FasaPay, Litecoin, Local Bank Transfers, Neteller, PayRetailers, PerfectMoney, PromptPay, Ripple (XRP), Skrill, Tether (USDT)
  • US Traders: Not Accept

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.

Hugosway Overview

Hugosway Overview
  • Founded In: 2017
  • Trading Instruments: 200+ trading Instruments including Forex, CFDs, Crypto CFDs, Futures, Indices, Metals, Stocks
  • Minimum Deposit: $10 for Bitcoin, $100 for Instacoins
  • Maximum Leverage: 1:500
  • Regulations: None 
  • Trading platform: Pro4
  • Account Types: Live account, Demo Account
  • Payment Options: BTC, Instacoins, Wire Transfer via Instacoins
  • Trading Styles: Allows all trading styles including scalping, Copy Trading, EA Trading
  • US Traders: Accepted   
89% CFD Trader Lose Money

Just Markets vs Hugosway: Key Features

Just Markets:

  • Trading Instruments: A wide range of trading instruments including forex, commodities, stocks, indices, cryptos
  • Maximum leverage: The maximum leverage of Just Markets is 3000:1. However, Leverage may vary from 1:1 to 3000:1 based on tradable assets and jurisdictions. 
  •  Minimum Deposit: The minimum deposit of Justmarkets is $10 for the standard account, and $100 for the Pro and the Accounts 
  • Account Types: Three ( Standard, Pro, Raw Spread) 
  • Fees: Spread starts from 0.3 pips for the standard account, 0.1 pips for the pro account, and $3 per lot per side for the Raw Spread account. 
  • MAM:  Not 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

Just Markets vs Hugosway : Pros and Cons

Just Markets Pros and Cons

Pros
  • Regulated by CySEC, FSC, FSA-S 
  • The minimum deposit is as low as $1 
  • Maximum Leverage is 1:3000 (up to 1:30 for retail clients and up to 1:3000 for professional clients on justmarkets.eu )
  • All strategies are allowed (Scalping, News trading, EA Trading) 
  • Negative balance protection;
  • Multilingual support 24/7.
  • MetaTrader 4/5 Offered
  • Spreads from 0 pips
  • 170+ trading instruments
Cons
  •  Not regulated by tire regulators like FCA, ASIC 
  •  No passive investment program ( MAM, PAMM Accounts) 
  •  US, UK, or Japan Traders are not accepted 
  •   A small selection of trading instruments;
  • Sometimes it takes time to receive a response from technical support;
  •  3% withdrawal fees if you do not have any trading activities 

  

Hugosway Pros & Cons

Pros
  • Low Minimum Deposit - Starting from $10
  • Allow Crypto CFD Trading 
  • Demo Accounts are Available 
  • Higher Leverage for US, and EU clients. 
  • Allow Scalping, EA Trading and News Trading 
  • Hugosway Accepts Crypto Deposits
Cons
  • Offshore Broker with very limited information
  • Limited Deposit and Withdrawal Option 
  • Spread sometimes  widens during market volatility
  • Unregulated Forex broker  
  • No Managed Account Options

JustMarkets vs Hugosway: Side-by-Side Comparison

Just Markets
Hugosway
Product
Product
Just Markets
Hugosway
Founded In
Founded In
2012
2018
Founded By
Founded By
Not Found
Not Found
Headquarters
Headquarters
Mahe, Seychelles
St. Vincent and the Grenadines
Regulations
Regulations
CySEC, FSC- Mauritius, FSA-S, FSCA.
None
Min Deposit
Min Deposit
$10
$10
Max Leverage
Max Leverage
1:3000
1:500
Tradable Assets
Tradable Assets
Forex, Commodities, Stocks, Indices, Crypto
Forex, cryptos, commodities, indices and stocks CFDs
Fees
Fees
Spread starting from 0.1 pips or commission $3
Spread from 1.7 pips
Platforms and Tools
Platforms and Tools
MT4,MT5
MT4, WebTrader, Desktop Terminal
US Traders
US Traders
Not Allowed
Allowed

JustMarkets Vs Hugosway: Our Scores and Ratings

We rated both brokers, JustMarkets 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.

JustMarkets:

9
Just Markets Score
Regulation and Security (40%)9
Fees and Commissions (20%)9
Trading (15%)9
Trading tools (10%)9
Customer Support (10%)9.5
Trading Education (5%)8

Hugosway

2.5
Hugosway Scores
Regulation and Security (40%)1.5
Fees and Commissions (20%)4.5
Trading (15%)5.2
Trading tools (10%)1
Customer Support (10%)5
Trading Education (5%)1

Final Verdict:

Both JustMarkets and Hugosway offer similar trading services worldwide. However, there are differences in their regulations, reputation, and operation. JustMarkets is a highly regulated and trusted forex broker. It is regulated by top-tier regulatory authorities, including CySEC, FSC, FSA -S, FSCA. On the other hand, Hugosway is an unregulated offshore forex broker. JustMarkets provides Multiple trading platforms including MT4, MT5, MetaTrader Webtrader. On the Contrary, Hugosway does not offer MT4/MT5. It uses only Pro4 as its trading platform. 

As JustMarkets 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 JustMarkets, while US traders looking for offshore forex brokers may consider Hugosway. Trading with offshore forex brokers is risky and not recommended.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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