Is save to trade cryptocurrency from hugos way?

By Joseph, from India, November 18, 2019 at 01:15 AM

hii Sir.thanks for getting good opportunity to talk with you. I been talking with the hugos way customerCare several times. As per the customer care its save to trade cryptocurrency from their platform by deposit of btc and trade crypto. Even the withdrawal policy as well easy and fast as per the customer care..what do you think about the broker? Are they trustworthy for the crypto trade..or if it is not ..could you please tell me what broker will be good for trading cryptocurrency? Thank You Regards JOsephfx

Answer: Hi Joseph,

We have previously reviewed the Hugo’s Way FX broker and listed it as one of the Brokers to Avoid. The company is not regulated and does not provide any information about its authrization. According to the website, Hugo’s Way FX is associated with such offshore zones as Seychelles and St. Vincent and the Grenadines. We keep on warning our readers that offshore-registered brokers should be avoided. 

We recommend you to stay away from Hugo’s Way Fx and do not invest with this company. It is not a safe option at all. 

You can check the list of the well-regulated Forex brokers, a lot of them offer the option of trading with cryptocurrencies. 

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