AYONDO WEBSITEAyondo Review

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.

 

Ayondo Review Summary:

  • Regulation: FCA UK, BaFIN

  • Trading Options: Social Trading, CFD Trading, Spread Betting

  • US Traders: No

  • Financial Instruments: Currencies, Shares, Indices, ETFs, Metals, Energy, Interest Rates, and Bonds

  • Platforms: TradeHub, Mobile Apps (iOs, Android)

  • Trading Leverage: 200:1

  • Deposit: €100 (account currencies: EUR, USD, GBP, CHF, DKK, SGD, and SEK)

  • Funds Insurance: Protecting all personal accounts up to 500,000GBP

  • Deposit & Withdrawal: Visa, MasterCard, Visa Electron, Maestro and Bank Wire

» The Ayondo Social Network

Ayondo Full Review:

 

The Ayondo Group

Ayondo offers its own brokerage solution which was launched in 2013. This means you can trade in the Ayondo social network without the need of a separate live account with another broker.

As it can be seen from a simple visit to the Ayondo website, there are two different companies offering two complementary services:

(1) Standard CFD / Spread Betting brokerage (Ayondo Markets).

Regulation: Ayondo Markets Limited is registered in England and Wales under FCA (UK)

(2) Ayondo Social Trade Network (Ayondo GmbH)

Regulation: The Ayondo social trading services are provided by Ayondo GmbH, registered in Germany with BaFIN

 

Safety of Funds

According to the Financial Services Compensation Scheme (FSCS), Ayondo is obligated to protect funds up to 75,000GBP for each different account. Furthermore, Ayondo applies a free insurance policy and protects all client funds, in personal accounts, for up to 500,000GBP.

  • Registered with the BaFIN (DE) as tied agent of DonauCapital Wertpapier AG

  • The brokerage firm is FCA UK regulated (No 184333)

  • Protects all personal accounts for up to 500,000GBP

  • Banking by National Westminster Bank Plc and Commerzbank AG

  • Clearing Agents include Commerzbank and Interactive Brokers

 

Financial Assets Available

Ayondo offers Social Trading, CFD Trading, and Spread Betting. Their Financial Instruments include: Forex Currencies, Shares, Indices, ETFs, Commodities, Interest Rates, and Bonds.

  • 36 Forex currency pairs

  • 17 major American, European and Asian indices (UK 100, US30, US500, US100, DAX30, etc.)

  • 10 Bonds / Interest Rate Products

  • 3 Precious metals (Gold, Silver, and Platinum)

  • 2 Energy assets (Crude and Brent)

  • Shares (US large-cap, Germany large-cap, and UK blue-chips)

  • The US Volatility Index Future

  • ETFs (Powershares QQQ Nasdaq, SPDR DJIA Trust, SPDR Gold Trust, SPDR S&P 500, Vanguard MSCI Emerging Markets, ishares FTSE 100, ishares Silver Trust, WisdomTree Continuous Commodity Fund)

 

Spreads and Commissions

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.

  • No trade commissions, spreads as low as 1.5 pip

  • Free automatic, guaranteed stops

  • Ayondo pass on 100% of dividends for UK shares and 85% for US shares

  

 

Ayondo Account Types

Ayondo offers both Live and Demo Accounts. The demo account can be used for 15 days. The minimum amount to open a Live Account is 100 euro. The fund methods include cards and bank wire.

  • Deposit & Withdrawal via Visa, MasterCard, Visa Electron, Maestro and Bank Wire

  • Minimum account is 100 euro

  • The average withdrawal time is 5 working days

  • The account currencies include: EUR, USD, GBP, CHF, DKK, SGD, and SEK

  • Minimum account size is 0.01 lot

  • Maximum leverage is 200:1

  • The demo account remains active for 15 days

  • If you move to Ayondo from another broker, you can claim a cash bonus up to 500 EYR/GBP

» The Ayondo Accounts

Ayondo Trading Platform

Ayondo offers exclusively the TradeHub platform. In addition, traders can choose between two mobile versions, iOS and Android. There is no Metatrader4 available and that creates a disadvantage for traders.

  • 13 Interactive chart types and flexible search function with simple filtersTradeHub platform (100% web-based)

  • Mobile apps (iOS and Android)

  • Reuters live news feed

  • 13 Interactive chart types

  • Flexible search function with simple filters

  • Comprehensive manual

  • Trade directly from the charts

  • Persistent indicators and Pattern recognition

  • Choose from over 170 studies

  • The Stockpulse (Free with any live account, saving €60/monthly)

  • The Buzz toll (a tool showing the average number of social network posts per share)

 

Choosing Signal Providers

These are some tips when choosing between Ayondo signal providers.

■ Career Level

Ayondo ranks all signal providers in five main categories, from street level to institutional level (more info below, at becoming an Ayondo Signal Provider).

Trader Risk Score

The Trader Risk Score ranges from 1 (lower risk) to 10 (higher risk). Traders are grouped into:

  1. lower risk traders (scoring 1 to 4)

  2. medium risk traders (scoring 5 to 7)

  3. higher risk traders (scoring 8 to 10)

The Trader Risk Score is calculated based on many factors, including the capital leverage used.

■ Portfolio Builder & Back-Testing

The Portfolio Builder helps traders to monitor how their investments would have performed over the past months if they have followed certain providers. Traders can click and drag up to 5 Top Traders into their portfolios.

  • Add or remove Top-Traders, at any time

  • Easily adjust the amount of capital following each signal provider

  • Set a stop-loss for your account

 

Becoming an Ayondo Signal Provider

As it was mentioned before, Ayondo ranks all signal providers in five main categories, from street level to institutional level.

These are the minimum requirements for becoming a signal provider for each of the five (5) categories:

  1. Street Trader: minimum 15 trades in 1 month, performance more than 1.0% thereafter, and max draw-down less than 25%

  2. Advanced Level: minimum 16 trades in 2 months, performance minimum 2.0% since the start, and maximum draw-down less than 25%

  3. Professional Trader: minimum 25 trades in 3 months, 90 days, performance 4.0% since the start, and maximum draw-down 20%

  4. Risk Adjusted Level: minimum 50 trades in 6 months, performance 6.0% since the start, and maximum draw-down 15%

  5. Institutional Level: minimum 150 trades in 12 months, performance of 8% per year, and maximum drawdown 15%

Signal Providers and Financial Benefits

Ayondo signal providers make money for every Lot generated from their following live accounts. The signal provider can gain between 1 USD/lot and 5 USD/lot as follows:

  • Street Trader: 1 USD / lot

  • Advanced: 2 USD / lot

  • Professional: 3 USD / lot

  • Risk Adjusted: 4 USD / lot

  • Institutional: 5 USD / lot

Notes:

  • Signal providers are forced to send their trade signals exclusively via the Ayondo platform

  • Currently, Expert Advisors can’t be used

  • Trading signals can be sent from a demo account too

» Become an Ayondo Social Provider

Ayondo Customer Support

Ayondo offers customer support via Telephone, Live Chat and Email:

  • 24-hour Dealing Desk

  • Live Chat

  • Free telephone trading

  • Personal services in London, Frankfurt, and Singapore

Ayondo Telephone: +44 (0) 20 3330 0865

  

 

 

Ayondo Review Pros & Cons

 

These are the main pros and cons of the Ayondo Review.

The Brokerage company is registered with FCA UK and the social trading network is registered with BaFINAyondo Review Pros:

  • Regulated broker and regulated social network (The Brokerage company is registered with FCA UK and the social trading network is registered with BaFIN).

  • Client funds are protected up to 500,000 USD/EUR/GBP

  • Social trading with automated risk management (proportional to each trader)

  • Low investment entry (100 USD/EUR/GBP)

  • Accounts can be opened in several different currencies

  • Good variety of financial instruments in all asset classes

  • Free and fully-functioning 15-day demo account

  • Spread-betting accounts for UK and Ireland customers

  • Intuitive trading platform (easy-to-use)

  • 13 Interactive chart types and flexible search function

  • Free automatic, guaranteed stop-loss

  • Passing on 100% of dividends for UK shares and 85% for US shares

  • The StockPulse tool for free (normally costs $60/monthly)

 

Ayondo Review Cons:

  • Funding only via Bank Wire and Cards (no Internet Wallets)

  • Only one trading platform is available (no MT4)

  • No ability to download any trader’s transaction history in Excel

  • Limited number of Top Traders

  • No ability for social interaction between various traders

 » The Ayondo Social Network

 

Ayondo Review

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