Ayondo Review 2022 UK

Their payment methods are fast and secure to increase the clients’ confidence. « I’m afraid I can’t log in. Either the password or the username is wrong. There are no problems via the website. Thus, the app is unusable and so is trading… » It is rated 2.6 out of 5 possible stars in the Google Play Store and users complain that they cannot log in despite having correct user data.

ayondo review

However, as soon as you are wrong, 100% of your investment is taken away. For this reason, you should be right about 70% of the time, otherwise you will have to book losses. At Ayondo traders can become signal providers provided they meet various minimum requirements for given trader levels.

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. The commissions are the costs levied by the broker on a client for making trades on the client’s behalf. The level of commissions will differ between various brokers and it will also depend on the different kinds of services, accounts, and trades done by the brokers.

New Ayondo broker review

The final criterion requires traders to have at least a 1% P/L. Ayondo offers a platform to expert traders to build a history, share their performance and establish a name for them. Ayondo shares the details of your trading activities with traders from all around the world and actively promotes you to potential followers through its global newsletters. Between % of retail investor accounts lose money when trading CFDs.

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. CFD Trading with Ayondo is also one of the benefits this trading network offers us. 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. However, protection of funds is mostly granted on the level of accounts, yet there are no advanced features to protect capital invested in trades except for basic risk management tools.

ayondo review

The question of whether Ayondo is a scam or reputable can be answered very quickly. It is a licensed social trader, which is authorised and monitored by an authority. It is a very clearly designed site and the offer has been rated very good several times by different sites. Apparently, the platform does not have too many users yet, as Ayondo is ranked 507,407 with 82,875 monthly users.

Broker Types

I made complain against it but they were very rigid and staff do not know about complain procedures at all. I’ve been Ayondo user for some years, only copying positions of other traders. Withdrawals without issues, social following platform is easy to use.

Ayondo offers its clients a sense of security since the broker is well regulated and has to follow certain regulations in order to remain so. The platform has sections where traders can access trading live and archived webinars, news and analysis, glossaries and comprehensive FAQs. At Ayondo, there are no commissions on trades, but all trades do attract a spread, which is effectively how the platform provider makes money. TradeHub is also available on mobile platforms thereby enabling traders to trade on the go and to never miss a trading opportunity.

ayondo review

In 2017 Ayondo acquired TradeHero and eventually become the first FinTech company to be listed on the Catalist growth board of the Singapore Exchange . 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. Had bad service, struggled to get your money back or some other action which you believe isnon compliant? Tell us and if we have the right information, we will actively support your case through mediation with the broker. Whilst telephone trading support is available on a 24/5 basis the actual help desk is manned during office hours Monday – Friday.

The reasons given for the delay revolved around the manager being on vacation that week! I tried to educate the manager that world markets do not stop for managements vacation and offerd that he make the account good with no hard feelings. The manager stubbornly rejected the request, made personal insults against me and force closed the account without my authorisation. I took Ayondo to the Financial Ombudsman service where the manager re-iterated his insults and the Ombudsman ruled in my favour. Ayondo were forced to compensate me thousands of pounds or risk loosing their FCA affiliation.

Customer Service

Ayondo copy trade is currently developing its brand new feature called “Follow the Followers”. The idea behind this concept is enabling all users to copy profitable followers’ accounts. However, it is unlikely that we will see this feature released in the nearest future. 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.

Trading Platform: Being a Top Trader

As you might have guessed, there is a certain limit of traders whom you can include in your portfolio – up to 5. 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.

This website is free for you to use but we may receive commission from the companies we feature on this site. There is also a TradeHub manual and tutorials to guide traders on how to effectively use the platform thereby avoiding unnecessary delays in selecting and executing trades. The bank cannot provide support if there are trading posts and someone has put money on them.

Brokers By Platforms

I was not trading on their platform on my own so I can’t judge there. They made changes to position sizes without informing client’s. Now you are forced to use bigger sizes which puts risk up greatly. I how to build your own algorithmic trading business 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.

For example, the cryptocurrency market is considered extremely speculative and digital coins are subject to extremely high fluctuations. Thus, a time variation of a few minutes can bring losses instead of profits. In order to be able to assess Ayondo as a scam or serious, you first have to understand how a social trader works. This is a platform where many people can make transactions on online exchanges.

The website may get reimbursement from the services or brands mentioned on this site. Negative balance protection might help prevent substantial losses. Negative balance protection which ensures you can’t exceed your account balance. Customers from both the UK and Ireland can register for a spread betting accounting too. Ayondo launched its own brokers’ solution in 2013 which doubled the company’s earnings and assets.

Introduced in 2015, this covers up to £1,000,000 in excess of the standard FCSC cover for each client. In fact, this is among the most comprehensive cover in the industry. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). Reviews of this kind can be found very often, but the last Ayondo reviews seem to have been before the update in October.

Ayondo is a B2C technology company that allows trading in CFDs and spreads. 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.

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. Chart and tools have been developed for both beginning traders, which are able to get into trading easily, as well as extensive 12trader capacities for developed traders. Improvements however would be allowing some sort of contact with the traders to discuss their strategies. Even better would be to simply publish all the other strategies or accounts the trader has had on the platform to give you an idea if they might have blown up multiple accounts in the past. I’d also welcome the inclusion of more ETF’s and the MSCI World Index.

A forex account that is held by the trader is normally given by the broker with the sole purpose of trading different currencies and market instruments. Usually, the number and type of accounts that a trader can open with a broker company differ according to the broker or country in which they operate. Normally the country of residence of the broker would provide the regulatory authorities under which they would fall. After completing my account registration, I was contacted by a very kind customer service person. He provided me an individual platform walk-through which was quite helpful.

Ayondo offers trading across a huge range of markets and assets. They also offer negative balance protection and social trading. Ayondo has its own trading platform, TradeHub, since it must incorporate social trading.

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 .

This prevents fly by night operators to pose as experts and share high risk trading calls. The certification process lasts for 90 week days in which the expert must carry out a minimum of 100 round trades or 2 round trades per week or 10 round trades a month. Additionally, to successfully complete the certification process, the maximum drawdown of the trading account should not fall below 25%.

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.

You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs on stocks, stock indices, precious metals, and 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.

It is also possible that you will have to pay a follower fee, but this varies based on your Top Trader’s selected renumeration model. In this case, there may be a 25% performance new trader rich trader fee and a 1% management fee, but you can choose a Top Trader that does not charge these fees. Ayondo passes on 100% of dividends for the UK shares plus 85% for the US shares.

Another cryptocurrency is Litecoin which is similar to Bitcoin but varies in terms of scalability. Litecoin is also a very popular altcoin and LTCUSD is a fork of Bitcoin , copied from Bitcoin’s code and with some changes and launched a new project. The platforms charting is good but there seemed to be that some technical indicators caused the platform to behave in a rather strange manner when stretched to full screen. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website.

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