Hugos Trading
We checked Hugos Trading against the AskCheck register. It has been reported (2021) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Hugos Trading claims that the services of its website are related to and provided by Hugos Trading Trading Services Ltd (Seychelles company) and Prime Technologies Ltd. (Saint Vincent and the Grenadines company). However, we didn’t find any matching about its registration or regulation respectively from Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and Seychelles Financial Services Authority (Seychelles FSA). So Hugos Trading is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Hugos Trading.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.