Ayondo Review 2024

What is Ayondo?

Ayondo is a financial trading technologies company that was founded in 2008. The company is based in Frankfurt, Germany, and provides services in 195 different countries around the world. Ayondo has been recognized for its achievements in the field, earning various awards. In 2013, Ayondo was listed among the world’s top 50 financial technology companies, in the FinTech 50. On 26th March 2018, the company celebrated its achievement of becoming the first FinTech Company to be listed on Singapore’s Stock Exchange (SGX). Ayondo offers an excellent range of assets to trade and has a well-organised website that is easy to use. With the Ayondo social trading platform, those new to CFD trading and spread betting can choose their risk level and learn while copying more experienced traders. The broker accepts traders from several countries, but unfortunately, traders from the United States and Canada are unable to join the platform. Ayondo is regulated by the Financial Conduct Authority (FCA). The company offers a social trading platform, and spread betting and contract for difference (CFD) services. Some of the CFDs available to trade on the platform include shares, commodities, currencies, and indices. There are 24 indices available to trade, including indexes from the U.K., U.S., Germany, other parts of Europe, and Asia. You can also trade the volatility index and daily rolling cash. You can trade up to 36 currency pairs, 21 global shares, seven ETFs, nine commodities, and eight interest rates and bonds. The company offers a built-in and effective social trading system that has continued to grow in recent years. To be able to access the social trading on the platform, all you need to do is open either a spread-betting or CFD account. In conclusion, Ayondo is a respected global CFD & Forex broker that has made significant strides in the financial trading technologies sector since its inception. Its innovative social trading platform and wide range of tradable assets make it a popular choice among traders worldwide.

What is the Review Rating of Ayondo?

What are the Pros of Ayondo?

Ayondo, a forex broker company, has several advantages that make it a compelling choice for traders. Here are some of the key benefits:. Regulation: Ayondo is regulated by top-tier financial authorities, including the UK’s FCA and Germany’s BaFin. This regulation provides a high level of credibility and security for traders. Trading Platform: Ayondo offers a robust trading platform, TradeHub, along with MetaTrader4. These platforms provide a wide range of tools and features to help traders make informed decisions. Social Trading: One of the unique features of Ayondo is its emphasis on social trading. This allows traders to follow and learn from successful traders, fostering a community of knowledge sharing. Wide Range of Instruments: Ayondo provides access to over 1,200 underlying assets. This wide range of instruments gives traders the flexibility to diversify their portfolio. Competitive Spreads: Ayondo offers competitive spreads, starting from 0.1 Pips. This can help traders maximize their profits. Minimum Deposit: The minimum deposit amount for Ayondo’s retail trading account is $100 USD. , making it accessible for traders with different investment capacities. Customer Service: Ayondo prides itself on providing excellent customer service. They aim to address client needs and concerns promptly and efficiently. Demo Account: Ayondo also offers a demo account. , allowing traders to practice and familiarize themselves with the platform before trading with real money. Please note that while Ayondo offers many advantages, it’s important for traders to thoroughly research and consider their individual trading needs before choosing a forex broker.

What are the Cons of Ayondo?

Ayondo, a global forex broker company based in London, has several drawbacks that potential investors should consider:. Limited Services: Unlike other platforms, Ayondo’s services are limited to its own traders. This restriction could limit the opportunities for traders to diversify their portfolios and engage with a broader trading community. Customer Support: Ayondo does not offer 24/7 customer support. This could be a significant disadvantage for traders who operate in different time zones or require immediate assistance with their transactions. User Experience: Some users have reported difficulties in accessing Ayondo’s website. A user-friendly interface is crucial in forex trading, and any hindrance could affect a trader’s ability to make timely and informed decisions. Trustworthiness: Despite being regulated by top-tier financial authorities, there have been some negative customer reviews on Trustpilot. These reviews raise concerns about the platform’s reliability and the security of the funds invested. Performance: There have been reports of traders experiencing losses. While losses are a part of trading, consistent losses could indicate potential issues with the platform’s trading algorithms or risk management strategies. These factors should be carefully considered by anyone thinking about using Ayondo for forex trading. It’s always important to conduct thorough research and consider multiple sources of information before choosing a trading platform. Remember, the right broker can significantly impact your trading success.

Is Ayondo Regulated and who are the Regulators?

Ayondo is indeed a regulated entity. It is regulated by the Financial Conduct Authority (FCA) in the UK. and BaFin in Germany. This regulatory status adds trust and reliability to its services. The full company name, Ayondo markets Limited, is regulated and authorised by the FCA, Financial Conduct Authority, within the U.K under the registration number 184333. As a regulated broker, one of the requirements is that client funds be kept in segregated accounts. Ayondo’s journey began with its founding in 2008, driven by a vision to democratize trading and provide equal opportunities for traders of all levels of experience. The company gained recognition for its pioneering social trading concept, allowing users to follow and automatically copy the trades of successful traders. Ayondo offers an innovative TradeHub platform (metatrader 4 and metatrader 5), which serves as the primary trading interface for its clients. TradeHub is a powerful and user-friendly platform that provides access to various trading instruments and tools. Ayondo prides itself on providing excellent customer service to its clients, aiming to address their needs and concerns promptly and efficiently. However, it is essential to acknowledge that there have been some negative reviews as well, with a rating of 1.6 stars based on 28 reviews on Trustpilot. Ayondo acknowledges the importance of these negative reviews and has taken proactive steps to address them and improve its customer service. In conclusion, Ayondo is a broker who is authorized and regulated by strict regulatory entities the UK’s FCA and Germany’s BaFin. This regulatory status ensures the safety of client funds and the fairness of trading conditions.