William Mark K_ Miller

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How competitive are HugosWay’s spreads and fees?

HugosWay uses an ECN pricing model, offering raw spreads from 0.0 pips plus a commission of $7 per round-turn lot. On EUR/USD during liquid sessions, spreads are competitive with brokers like IC Markets. However, due to lower transparency about liquidity providers and regulation, spreads may widen significantly during volatile events. For professional scalpers, the execution speed and low raw spreads are appealing, but the lack of regulatory oversight means traders assume counterparty risk.