Review on Ayondo social trading brokerage company:
The broker Ayondo was established in Germany in 2009 as an investment company. Today, Ayondo is an international broker headquartered in London. Anyone can open an account of $ 100 and take advantage of trading opportunities on currency pairs, stocks, raw materials, precious metals, bonds, and indices. The broker works with the license of the FCA regulator under the registration number 184333. The legal entity owns the Ayondo Market trademark and an online platform through which it is possible to trade in a browser format.
• Year of foundation – 2009;
• Headquarters – London;
• The minimum deposit is $ 100;
• Leverage – 1: 200;
• Number of financial instruments – more than 120;
• Regulator – FCA;
Features and disadvantages of Ayondo brokerage company
The official website of the broker doesn`t support many languages - the main language is English. The support service also does not represent managers who understand and write in Italian, Russian, French, and some other languages. You can contact customer support only through a contact phone number, email and TeamViewer service.
Of the features, an expanded list of convenient trading platforms that allow you to open transactions both via computer and mobile devices can be highlighted. The company also developed a proposal for potential investors by creating a block with the service of copying transactions.
TradeHub Trading Terminal
The company’s universal trading platform is called TradeHub. It runs both in the desktop and in the browser version. TradeHub Mobile for mobile devices is also available. The margin level in the terminal can reach 100%. At the same time, there is no noticeable reduction in functionality. And even in comparison with Metatrader, the user will not limit himself to the choice of tools for technical and fundamental analysis.
Types of accounts and trading conditions for customers
The broker’s website doesn`t indicate that account types are divided into certain categories. It turns out that you can only open a real account or a demo. Trading conditions are the same for all, regardless of the amount entered on the deposit. Leverage is 1: 200, and the average level of spread is 1.5 points. Swaps for transferring an open order from one day to another are not charged, which will be beneficial for traders who prefer to trade long-term.
The following methods are used to replenish the account: bank direct transfer, debit cards VISA and MasterCard. Electronic wallets are not supported, as a way to deposit and withdraw accounts. To enter the first deposit, user registration and verification of all data will be necessary. Restrictions apply further to the details of the withdrawal – they must coincide with those through which the account was replenished for the first time. Payment from the account is possible with a minimum limit of $ 10. The average payment processing time is one business day.
Opportunities for investors
Every user can use the service of copying transactions from the broker Ayondo, being either a managing trader or an investor. If you have $ 2,000, you can open an account, fill out a questionnaire and connect management traders to the rating. If the indicators are good enough, then for a small commission other broker traders will be able to copy your signal.
You can also open an account for a certain amount and connect to automatically copy trades from any trader from the rating. The process is integrated into the TradeHub terminal. Therefore, it can be called complete automation of the trading process for the client. No other investment program is offered.
But the broker doesn`t restrict customers to use scalping. True, it is impossible to connect trading robots, as the TradeHub platform does not support them.
The training section
As such, user training is not provided by the company. The “Learn” section includes several blocks where webinar notes, theoretical materials, articles, answers to the most popular questions are presented. It is noteworthy that some sections are not filled out or are available only to authorized users.