Ayondo Review

Category: Reviews | Author: Trading Brokers | Date: May 8, 2024

Ayondo, established in 2008, stands as an early pioneer in the realm of social trading. Its innovative approach allowed clients to seamlessly replicate the strategies of top-performing traders. However, the financial challenges encountered by Ayondo in recent years prompted the discontinuation of its social trading service.

Under the new ownership of Finalto, Ayondo has transformed, shifting its focus to operate primarily as a conventional forex and CFD broker. In this review, we’ll analyze whether the current iteration of Ayondo still presents a compelling offering in today’s competitive trading landscape. We’ll explore their regulation, platforms and tools, education, markets, account types, and funding options.


As a broker that lacks transparency in key areas and still rebuilding after its fall from grace in the social trading world, Ayondo raises some red flags. Let’s examine if this platform truly empowers traders or leaves them disillusioned.

Pros & Cons

  • Ayondo offers a range of top traders to select from, which can be beneficial for social trading
  • The platform provides self-directed trading and social trading in one place
  • Ayondo has highly proficient customer services
  • The company uses advanced security measures such as segregated bank accounts, negative balance protection, advanced encryption technologies, and regular audits to ensure user security
  • The company does not offer trading facilities on shares
  • There is a minimum deposit requirement to open an account
  • Ayondo is no longer regulated by the Financial Conduct Authority (FCA)
  • The platform's educational content is considered weak compared to competitors
  • Ayondo's website and interface are considered low-quality compared to alternatives
  • Ayondo was delisted from the Singapore Stock Exchange

Summary

Ayondo Review

Ayondo Review

Ayondo is a renowned No Dealing Desk (NDD) and Contract for Difference (CFD) brokerage firm that has made significant strides in the trading industry with its innovative social trading platform. Founded in 2008 by Robert Lempka and Thomas Winkler, Ayondo was driven by a vision to democratize trading and provide equal opportunities for traders of all levels. The company, initially based in Germany, later set up shop in London and other locations. Ayondo has a strong emphasis on transparency, collaboration, and user-friendly technology, which has helped it establish a trusted reputation among traders worldwide.

The company offers a diverse range of trading instruments, focusing on currency, indices, precious metals, shares, and commodities. It has a clientele of more than 250,000 customers and has rapidly developed due to its use of a wide range of innovations and continual monitoring. Ayondo’s copy trading support and commission-free pricing model may appeal to newer traders. The broker offers CFD trading on a wide range of assets including forex, stocks, indices, commodities, and crypto.

However, Ayondo has faced significant challenges. In 2018, the parent company encountered a major crisis, which was alleviated by a takeover from the Dutch-based BUX Holding. Despite this, Ayondo was delisted from the Singapore Stock Exchange in 2021. The company’s website interface is considered complicated, and it offers its trading platforms through a third-party broker, ActivTrades. Despite these challenges, Ayondo continues to value client feedback and strives to improve its offerings based on reviews and suggestions from its customers.

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Regulation

Ayondo’s journey through the regulatory landscape has been notably intricate. Initially, the company was bolstered by regulation from reputable authorities such as the UK’s Financial Conduct Authority (FCA) and Germany’s BaFin, which lent it considerable credibility. However, Ayondo’s regulatory status took a turn when it was no longer overseen by the FCA, casting doubts about its current regulatory framework.

Adding to its challenges, Ayondo was delisted from the Singapore Stock Exchange (SGX), an event that often signals significant financial or operational distress within a company. The latest information indicates that Ayondo is out of business, with its final deal type being liquidation. Despite these setbacks, Ayondo had taken measures to secure client funds and transactions, including segregated bank accounts and negative balance protection.

The company also sought to enhance its services through a partnership with an Australian market research institute. Nevertheless, concerns have been raised about its collaboration with ActivTrades and what that might mean for the future of Ayondo’s trading platform. This complex history underscores the importance of diligence for those considering Ayondo’s services, given the company’s fluctuating regulatory status and operational viability. Please see a list of regulated brokers for some alternative options.

Platforms & Tools

Ayondo Platforms

Ayondo Platforms

Ayondo offers several trading platforms to cater to the diverse needs of its users. These include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and ActivTrader.


  • ActivTrader: Ayondo’s proprietary web-based trading platform that provides advanced charting, trading automation, algorithmic trading, market analysis tools, and more. Key features include one-click trading, virtual trading, and sentiment analysis integration.
    Activtrades

    Activtrades

  • MetaTrader 4 (MT4): The popular MT4 platform is also offered by Ayondo. It provides automated trading, expert advisors, backtesting capabilities, advanced charting, and technical analysis tools. MT4 allows trading in forex, CFDs, futures, and more.
  • MetaTrader 5 (MT5): The next-generation MT5 platform offers everything in MT4 plus extended capabilities like trading stocks and ETFs, 21 timeframes, depth of market analysis, and more indicators. It delivers advanced trading for various markets.
MT4 & MT5 Platforms

MT4 & MT5 Platforms

Ayondo also offers a variety of tools to assist traders in their investment decisions and strategies. These tools are designed to provide comprehensive market analysis, enhance trading efficiency, and improve the overall trading experience. Here are some of the key tools offered by Ayondo:

  • Candlestick Cheatsheet: This tool provides a quick reference guide to candlestick patterns, which are used in technical analysis to predict future price movements.
  • Math of Gains and Losses: This tool helps traders understand the mathematical relationship between gains and losses, which is crucial for managing risk and profitability in trading.
  • FX-Secrets: This tool provides insights and strategies for trading in the foreign exchange (FX) market.
  • Product Search: This tool allows traders to search for specific trading instruments or products within Ayondo’s offerings.
  • API: Ayondo’s API allows for the development of custom trading applications and integration with other software.
  • ChatGpt Ayondo and MQL AI: These are AI-based tools for financial information analysis and communication.

These tools are designed to cater to both beginners and experienced traders, offering a range of features to assist in trading activities. They also provide demo versions for users to familiarize themselves with the platform before investing their own capital.

Education

Ayondo seems to understand the importance of education in trading. They offer a range of educational resources to help both new and experienced traders improve their trading skills and knowledge. Here are some of the key resources available:

  • E-Learning Area: Ayondo has a comprehensive e-learning area that covers a wide range of topics, including risk management strategies, market analysis techniques, and trading psychology. This resource is designed to equip traders with the necessary tools and knowledge to navigate the financial markets effectively.
  • Webinars and Mentorship Programs: Ayondo offers webinars and mentorship programs as part of its educational resources. These programs provide traders with the opportunity to learn from experienced professionals and gain insights into various trading strategies and techniques.
  • Training Videos and Manuals: Ayondo provides training videos and manuals to help traders understand how to use the platform and make the most of its features. These resources can be particularly useful for new traders who are still getting familiar with the platform.
  • Research & Advisory Team: Ayondo’s Research & Advisory team provides news, daily market content, reports, stock reviews, top picks, and more. This information can be invaluable for traders looking to stay informed about market trends and make informed trading decisions.
  • Online Newsletter: Ayondo’s online newsletter is another resource where traders can pick up useful tips and find out about new products. This can be a great way to stay updated on the latest developments in the financial markets and at Ayondo.
  • Demo Account: Ayondo offers a demo account where traders can practice their trading strategies with virtual money. This is a risk-free way for traders to gain experience and confidence before trading with real money.

Markets

Ayondo offers a diverse range of markets for traders to explore and invest in. They provide access to various asset classes, allowing traders to diversify their portfolios and find opportunities in different market segments. Here’s a quick overview of the markets available at Ayondo:

  • Forex: Ayondo offers a wide selection of currency pairs for forex trading, including major, minor, and exotic pairs. This allows traders to take advantage of fluctuations in the global currency markets.
  • Indices: Traders can also invest in popular global indices, such as the S&P 500, FTSE 100, and DAX 30. Indices provide a way to gain exposure to the performance of a broad market segment or a specific industry.
  • Commodities: Ayondo offers trading in various commodities, including precious metals like gold and silver, as well as energy products like oil and natural gas. Commodities can be an important part of a diversified trading portfolio.
  • Stocks: Traders can access a wide range of individual stocks from major global markets. This allows them to invest in the performance of specific companies and industries.
  • Bonds: Ayondo also provides access to bond markets, allowing traders to invest in government and corporate debt securities. Bonds can be a useful addition to a portfolio, offering potential income and capital preservation.
  • ETFs: Exchange-traded funds (ETFs) are another asset class available at Ayondo. ETFs provide a convenient way to gain exposure to a basket of assets, such as stocks, bonds, or commodities, with a single trade
  • Cryptocurrencies: Ayondo provides trading in a variety of cryptocurrencies against the US dollar. This includes popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin, as well as others like Ripple, Stellar, EOS, Polkadot, Chainlink, NEO, Doge, and Cardano. Traders can follow price movements in real-time and develop trading strategies using historical prices and backtesting

Accounts

Ayondo offers two main types of accounts for its clients, catering to different trading preferences and styles. Both account types offer access to Ayondo’s range of educational resources, research tools, and market analysis, helping traders make informed decisions and improve their trading skills. Here’s a brief overview of the accounts available at Ayondo:


  • Demo Account: This account type is designed for beginners or those who want to test the platform before committing real money. It provides virtual money for trading, allowing users to familiarize themselves with the platform’s features and practice trading strategies without any financial risk.
  • Live Account: This is the standard account type for real trading. It provides access to all trading instruments offered by Ayondo, including forex, indices, commodities, precious metals, and cryptocurrencies. A live account offers leverage up to 1:200, although this can be manually adjusted to a level the trader feels comfortable with. For traders in ESMA-regulated regions, such as Europe, the leverage percentage drops to 1:30 for major currency pairs, 1:20 for minor pairs, and 1:10 for commodities.

In addition to these, Ayondo also offers a social trading feature where traders can follow and copy the trades of experienced ‘Top Traders’. This can be a useful tool for beginners or those who prefer a more passive approach to trading. For Muslim traders, Ayondo offers swap-free Islamic accounts that comply with Sharia law by not charging overnight interest on positions held open overnight

The minimum deposit to open a live account with Ayondo is £100. It’s important to note that trading on margin comes with risks, and it’s possible to lose more than your initial deposit

Funding

When it comes to funding your Ayondo account, the company offers several convenient options. Remember, the availability of these funding methods can depend on your location and the regulations in your country. Also, it’s always a good idea to check if any fees apply to your deposits or withdrawals. You can choose the one that suits you best.

  • Credit/Debit Cards: Ayondo accepts major credit and debit cards for deposits. This is a quick and easy way to fund your account, and the funds are usually available for trading almost immediately.
  • Bank Transfers: If you prefer, you can also fund your account via a bank transfer. This method might take a bit longer, as the funds need to be processed by the banks involved, but it’s a reliable and secure way to deposit larger amounts.
  • E-Wallets: Ayondo also accepts deposits through e-wallets like Skrill and Neteller. These digital payment methods are becoming increasingly popular due to their convenience and speed.

Conclusion

In summary, Ayondo provides traders access to a wide variety of markets along with social trading capabilities and educational resources. Their FCA regulation offers a level of security as well. However, Ayondo has faced some financial instability recently, calling into question their long-term viability.

While the current partnership with ActivTrades keeps Ayondo operational for now, the proprietary TradeHub platform may not have the same level of ongoing support and evolution. As such, traders who value stability and reliability may want to consider more established brokers as alternatives. Of course, we always encourage exploring multiple brokers and trading platform reviews before making a final decision.


However, it’s worth noting that while Ayondo offers strong features, there are other Ayondos with longer track records that might be worth considering as alternative options. For additional choices, we encourage you to explore our trading brokers reviews.

Pros

  • Ayondo offers a range of top traders to select from, which can be beneficial for social trading.
  • The platform provides self-directed trading and social trading in one place.
  • Ayondo has highly proficient customer services.
  • The company uses advanced security measures such as segregated bank accounts, negative balance protection, advanced encryption technologies, and regular audits to ensure user security.
  • Ayondo offers innovative investment solutions

Cons

  • There is a minimum deposit requirement to open an account.
  • Ayondo is no longer regulated by the Financial Conduct Authority (FCA)
  • The platform’s educational content is considered weak compared to competitors
  • Ayondo’s website and interface are considered low-quality compared to alternatives
  • The company does not offer trading facilities on shares
  • Ayondo was delisted from the Singapore Stock Exchange
Ayondo Logo

$100

Ayondo is an FCA-regulated trading platform offering social trading, CFD trading, and a wide range of markets. Originally founded in Germany, Ayondo later relocated its headquarters to the UK.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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