Contents
Also, among the top 10 investors on Ayondo, there was only one investor with followers who made over 40% profits. The profit expectation does not seem to be particularly high and there are better and more experienced investors at other Exchanges. As a trader, however, one always has full control over all purchases and sales made. However, the user is free to conclude the transaction or to reject it. This type of investing requires sensible risk management and seems to be something for experienced investors only, as one should have a good feeling for the market and its changes. Ayondo is a B2C technology company that allows trading in CFDs and spreads.
Ayondo is a good choice for traders who want to be able to trade CFDs and engage in spread betting on the same platform that they use social trading. The platform’s regulation by the FCA provides confidence for users. The social trading element of Ayondo can appeal to beginners who want to hone their skills by following traders as well as experienced traders who want to increase their profits by becoming a Top Trader. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Founded in 2008, Ayondo is a German-based financial broker offering an advanced social trading network. Ayondo has already registered 210,000 users from over 190 countries. After applying the filters, you will be displayed the rankings list.
The provider provides an academy where you can constantly educate yourself and receive detailed information about all trading options. If you have the necessary know-how, as well as the necessary bit of luck from time to time, then nothing stands in the way of early profits. The amount of your own investment should depend on your own liquidity, as well as on the chosen asset and your own risk tolerance.
The company is regulated by the UK’s FCA and Germany’s BaFin, which gives it a lot of credibilities. On top of that, spreads are very competitive and they offer a somewhat decent trading platform. Would-be traders must do what is possible into the inquiry around theoretical trading before beginning to do it. Forex brokers can also provide services to not just individual traders, but also provide for institutional clients and large businesses, for example, investment banks. The different names for Forex brokers are retail forex brokers or currency trading brokers.
Market Research
Ayondo has numerous honors, including being the UK Forex Awards Winner 2017 for Best Forex Social Trading Broker. The platform does not yet have many users and is inferior to our test winner. Especially as a new user, you should keep the risk as low as possible and only make small deposits and considered investments at the beginning. Also, you should not copy every transaction of successful investors, but adjust the settings if necessary or check the price of the asset again. However, if someone wants to acquire a real coin of a digital currency, they can do so via our crypto recommendation and also store the “coin” in a wallet.
There is also an introducing broker program and options for white label. However, the trading options and customer support attract many customers, most of whom are reasonably satisfied with the provider. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site.
Full Review
Ayondo offers the Tradehub platform for traders to trade from via pc, tablet or any mobile devices. Ayondo also keeps clients funds in a seperate account and offers a negative balance protection. Investment in financial markets carry significant risk and BestSocialTrading.com paxforex can not be held responsible for the outcome of such investment. On occasion, BestSocialTrading.com will receive a fee for referring users to certain brokers or social trading platforms, however this does not influence our reviews and we remain 100% impartial.
The platform is revolutionary in nature and is composed of innovative features and products that enable traders to execute trades automatically. There are, however, execution-only brokers, they do not get involved with any direct personal investment guidance. These brokers charge much fewer commissions but the traders have to take complete control over how they trade the markets. In regards to what exactly is a Forex broker, it is a firm that gives traders admittance to platforms that let them buy and sell foreign currencies. If you want to give your money away, join Ayondo, which will rob money out of you. I have successfully gained profit when trading with China index.
The company claims growing interest in this way of trading shares, including in Asia. The company offers so-called &ldquo social trading&rdquo platforms as well. It allows clients to &ldquo follow the leader&rdquo by mimicking trades made by them. We were very surprised by the fact that Ayondo also provides a demo account. In this way, all traders can try out a risk-free trading mode and set their trading settings how they want.
Investing in contract-based tradable goods is a dependable way to alleviate risk during times of inflation or economic uncertainty. Although contract for differences trading is a method of offshoot trading that allows traders to gamble on the rising or falling prices of fast-moving global financial markets. CFD trades on different markets have no commission but do wrap a spread around the market price of a certain instrument. To open your live trading account, you will need a scanned color copy of your passport, driver’s license or national ID, and then a proof of address in the form of a recent utility bill or bank statement. You will need to set aside a few minutes in order to answer some basic questions about your trading experience and financial situation and then wait for your account to go live.
This works perfectly if you wish to follow each trader proportionally. For instance, if your trader loses 3% of his capital on one specific trade, then your capital invested in this trade will also incur losses of 3%. In case you follow several traders, then your risk is equally distributed among the actual number of traders. Generally, you can adjust the order size in accordance to your risk management strategy (0.5x, 1x, 2x, 3x, 4x, 5x, 6x, 7x, 8x, 9x, 10x).
Company Information
Ayondo Markets, as most CFD brokers, makes money only by the spread between ask/bid without charging any trade commissions. The trading spreads at Ayondo start as low as 1.5 pip on EUR/USD. When preparing this Ayondo review, we discovered another live account to choose – Spread Betting Account, where you just bet whether markets will rise or fall. Segregated bank accounts to keep clients’ funds separate from company funds. Ayondo offers a proprietary platform to its traders called Ayondo Market’s TradeHub.
Ayondo Review
Traders can create Ayondo Markets contact through live chat, email and phone. There’s a straightforward performance-based olymp trade review commission scheme for ‘Top Traders’. Ayondo built a platform that would be easy for beginners to use.
Larson&Holz Broker Review
Not sure why those whose capital was whipsawed all over the place are complaining, either they naively followed high risk strategies or had some sort of get rich quick expectations. They are not helpful at all and even getting access to their website now is so time consuming – I had to Google it. I can no longer log in as it rejects my credentials – no way to contact them or reset password. I would say avoid ayondo and definitely do not deposit any money with them. To fund the live account you ate having a choice from a few payment methods including bank wire or credit / debit cards. The CFD, Spread Betting account available through TradeHub platform along with powerful charts and tools.
The new traders first select their available assets and their favoured risk level. I really liked that after the registration was completed, a very kind customer service specialist contacted me and he helped me quickly navigate the platform, and the help was quite useful. Of the minuses, I can only name a low leverage and a small number of currency pairs for trading. But what I lack is a larger number of top traders with a high rating to choose from. Ayondo is a forex and CFD broker, who place a large emphasis on social trading.
Plus relevant interbank rate in case you holding open position longer than a day. In 2013, Ayondo was listed among the world’s top 50 financial technology companies and further achieved to become first FinTech company to list on Singapore’s Stock Exchange . Nevertheless, the main specialty of Ayondo is the financial trading technologies and tools development that drives more people into the trading and brought until now numerous recognitions of the company. The server operator Almina Corp as is not a registered broker, investment advisor or broker. It sold a total of nearly 81 million shares at 26 cents each, raising gross proceeds of $21 million.
The mobile trading platform seamlessly mirrors the desktop version. Available through dedicated Apps or browser windows it’s fast, intuitive and easy to use. Segregated bank accounts to keep customers’ funds separate from Bux operating capital. Clients from the United Kingdom and Ireland can also open a spread betting account. Moreover, users can speculate on the latest cryptocurrencies, such as Bitcoin.
It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The broker has hundreds of high-rank traders to choose from, some of which have decades of expertise. Finding and following your top trader is simple as their performance is available on the Ayondo interface. Ayondo is a fintech group that offers its own trading platform and a range of trading choices, including social trading. Based in London, Ayondo also has offices in Frankfurt, Singapore, Madrid, and Zug.
As a licensed and regulated by two major authorities broker Ayondo provide an option to trade safely while bringing innovative ideas into the trading world. The broker brings access to online trading through three various accounts, as the offer varies to Social Trading Follower, Social Trading Top Trader and CFD or Spread Betting. It is true, the TradeHub charting package is an extremely comprehensive one that uses javascript and SVG based chart, fully customized and features amended technical indicators. The platform available on either PC or mobile devices and featured with tight spreads and low funding or rollover costs. The company mainstays on a proprietary platform TradeHub that performs fast and accurate execution combined with intuitive design and simple filters for easy research.
This way traders can build their portfolio and see how would they perform in a specific trade. With copying all the stats and trades from Top Traders, beginner or expert traders can improve their trading skills and learn how to trade on a higher level. Ayondo network is connected with Tradehub and Ayondo Web Trader where traders can choose their assets and place trades in the market. As broker claims, this software is award-winning and linked with sophisticated technology combined with a fast and accurate execution.
The website may get reimbursement from the services or brands mentioned on this site. The TradeHub charting package includes persistent indicators, pattern recognition, 13 chart types, more than 170 studies, the ability to adjust technical indicators, customization, and more. Professional clients also get a personalized guided tour of the Ayondo platform. The bid-offer spreads offered by the self-trading area of the Ayondo platform are in-line with the average for the sector.
Ayondo shares have been suspended since Feb 1 while it addresses issues on business viability, and last traded at 4.8 Singapore cents. In a bourse filing on Monday, Ayondo said the company is now less focused on Europe, following its disposal of its UK subsidiary, ayondo Markets, as well as the liquidation of its Swiss and German units. The company’ s shares will be delisted after an exit offer is made to shareholders and other classes of listed securities to be delisted.
Both of these are top watchdogs and you should have no worries about the security of your funds. At Ayondo, traders can open either a Demo account or a live trading account. The just2trade review live trading account requires a minimum deposit of EUR 100. The minimum deposit amount is set to a competitive 100$, which allows even beginning traders to enjoy with no issues.
Ayondo Social Trading
A new trend that is picking up momentum is trading in cryptocurrencies. Generally speaking, the transparency applicable to the top traders you can copy I find is actually very good. And there are a good batch of low risk traders delivering constant positive returns. It’s actually the followers’ responsibility to ensure they match their own risk with that of the traders they want to follow.
Minimum deposit for Ayondo network is $100 and minimum trade amount is $1. The Trader Risk Score is calculated based on many factors, including the capital leverage used. These are some tips when choosing between Ayondo signal providers.
Those with Professional Accounts have access to more than 2,000 products. Ayondo was established in 2008 as a FinTech group with the main aim to develop and democratize the financial industry to retail and institutional clients. Ayondo provides supplementary insurance which covers each client up to £1,000,000 in excess of the standard Financial Services Compensation Scheme regulations. Ayondo offers a negative balance protection and clients funds are kept in segregated bank accounts.
B2C means business between companies and private customers and written out it means “business-to-consumer”. Ayondo was founded in 2008 by Robert Lempka and now has over eleven employees. He is a real person, which is often not the case on fraudulent websites. The company has its headquarters in London and is also represented in Frankfurt, Singapore, Madrid and Zug . To do so, you have to replace “de” in the address line with the correct letters of the desired language. In the meantime, the online broker exists worldwide and the customer base is growing.
It’s nice to see how such a network can offer different types of counseling, learning, and education for all traders who use it. Ayondo’s management has always expressed its very clear mission – to help traders monetize through the help of social trading. Ayondo connects its clients to ‘Top Traders’ and allows them to copy their successful trades. The core component of any brokerage operation will be their trading platform. It is also customisable which helps to speed up trading analysis and execution.
They made changes to position sizes without informing client’s. Now you are forced to use bigger sizes which puts risk up greatly. I have been told to click this when placing trades in each direction otherwise it will close your position. I have lost thousands because this function seems to work sometimes and other times it doesn’t.