Ayondo is a global Spread and CFDs betting broker that is founded in 2008. This trading network has offices in Germany, Spain, Switzerland, and Germany and it is owned by Ayondo Markets Limited. Also, Ayondo is one of the Europe’s fastest social trading and spread betting platforms available on the market. This broke received several worldwide awards like „Best Social Trading Platform“ in 2015. In this review, you can read more about Ayondo broker, all tools, and features that you can use and what are the advantages and disadvantages for this broker.
Account Features
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.
What is specific to Ayondo software are the various benefits that we bring in the following:
- Intuitive Design
- Sophisticated Charts & Tools
- Extremely Low Lifecycle Costs
- Variable Margin
- Notional Value Trades
- Trade On The Go
- Constant Support
It is important to note that Ayondo has the TradeHub charting package which includes different charts, news, and tools that are important for the trading process.
The TradeHub charting package includes:
Trade directly from the charts available on the TradeHub
- More than 13 different chart types
- Choose from over 150 studies
- Customize your trading chart settings
- Browser-based software
- No downloads required
Ayondo Mobile Trading
Traders can use a mobile service that helps them to trade on the go at any time. Mobile application users can trade at any time, monitor market prices and invest in assets whenever they want. The Ayondo mobile application is available for the iOS operating system and Android devices. This mode of trading is very popular in the world because it allows traders to trade at any point in any place in the world. It is important to note that users must have a high-quality wi-fi network so that they do not miss important price and asset changes in the financial market.
Ayondo CFD Trading
CFD Trading with Ayondo is also one of the benefits this trading network offers us. CFD, Short for Contract For Difference is very popular among traders and are traded in a way that they are an agreement between you and the provider to exchange the difference between the opening and closing levels of a particular contract. They don’t have any specific expiry dates and traders can decide when to close out their position. Also, traders choose margin from trading levels to 100% and pay for only what they use while trading.
Benefits of trading with CFDs on Ayondo network are:
- Variable margins
- Control leverage
- Attractive conditions
- No Expiry dates
- Flexibility to enter or exit the position at any time
- Limited Risk with Stop Loss option
- Low Spreads
- No Additional Charges
Minimum deposit for Ayondo network is $100 and minimum trade amount is $1. Also, they have specified maximum trade amount which is $1000.
Leverage for Ayondo is in range of 1:1, 1:20, 1:50 and 1:100. Spread is competitive fixed and very low especially for Forex traders
Trading Software & Assets
Ayondo Social Trading
With Ayondo Social trading, traders can invest by following the Top Traders who are ranked by performance or number of followers. 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 Demo Account
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. Use the demo account to test all strategies, learn to read financial charts, and try all the tools and features that Ayondo provides.
Traders can use Portfolio simulator to create trading charts with Top Traders and see how they perform over the specific period of time like 1 week, 1 month, 3 months, 6 months, 1 year or 3 years.
Improving Performance With Ayondo
To take advantage of the market, Ayondo network offers their traders an extensive range of webinars, videos, and guides. These manuals have been created for traders and they are free of charge. With this learning process, traders can discover more about the products and how they can trade a specific option at the market. With the help of the Learn tab, traders can find CFDs manuals, webinars, FAQ rules, glossaries, user manuals and useful dates to keep you informed when the market can be volatile or when the offices are closed. It’s nice to see how such a network can offer different types of counseling, learning, and education for all traders who use it.
Support Information
Ayondo has different ways to contact customer support. Honestly, we were surprised by the fact that Ayondo has no live chat customer support. However, the Contact Us tab provides the service with Clients Services and Trading Desk. The main email address to contact support team is [email protected]. Under Contact Us tab traders can also find cities with the main offices and phone numbers so they can contact them directly anytime. Phone number for Social Trading Support is +44(0)203330 0865 and for TradeHub Support is +44 (0)20 3326 2131.
Banking & Company Information
Available payment methods for Ayondo are Credit cards, Debit Cards and Bank Wire Transfer. Both debit and credit cards are used to fund traders account online. However, traders need to keep in mind some standard procedures like:
- Name on the card must match your trading account name
- Credit cards, MasterCard debit cards, and non-UK debit cards are charged with a 1.75% fee
- Credit or Debit cards must be 3-D secure and if not, Ayondo will not accept your deposit
For withdrawal methods funds will be debited as soon as Ayondo receive your withdrawal request. If trader made a withdrawal request after 12:30 (GMT), the withdrawal will be processed the following working day. The withdrawal process is usually processed within 5 working days. Also, as mentioned on Ayondo website, it is possible to withdraw via bank wire but Ayondo preferred debit/credit cards methods and do not refund via cheque.