Ayondo Review 2020

Ayondo General Fees

• Ayondo doesn't charge withdrawal fees
• Ayondo does charge inactivity fees
• Ayondo does charge deposit fees

Broker	Ayondo	eToro	XTB	Trading212
Min Deposit	1	200	0	1
Withdrawl Fees	No	Yes	varies	No
Inactivity Fees		Yes	No	No
Deposit Fees		No	No	No
CFD Commission Fees		No	Yes	No

Ayondo Commissions

• Ayondo does charge commission on CFD instruments.

Trading on Ayondo web platforms and other applications

Ayondo also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

Ayondo Trading benefits :

• Low min deposit

Ayondo Trading Accounts Offered :

Can I try Ayondo before I buy?

Ayondo offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Ayondo withdrawl and funding methods.

Ayondo offer the below funding payment methods. learn more about Ayondo

Broker	Ayondo	eToro	XTB	Trading212
Bank transfer		Yes	Yes	Yes
Credit Cards		Yes	Yes	Yes
Paypal		Yes	Yes	Yes
Skrill		Yes	Yes	Yes
Payoneer		Yes	Yes	No
Neteller		Yes	Yes	No

How can I start trading with Ayondo?

When opening a trading account with Ayondo, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Ayondo trading platforms here.

Performing trades with Ayondo

Ayondo allow you to execute a minimum of trade of . This may vary depending on the account you open. Ayondo allow you to execute a maxium trade of .

As with most brokers, margin requirements do vary depending on the instruments.

Ayondo Leverage and Ayondo CFDs Explained

let's take a look at some of the basics of using Ayondo leverage.

Ayondo offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Ayondo leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Ayondo trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Ayondo leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Ayondo CFDs are typically used for short to medium term trades. For example Ayondo intraday trading.

Education resources at Ayondo

To trade effectively with Ayondo, it's important to get a have a good understanding of the Ayondo trading tools and the markets.

Ayondo offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Ayondo.

Take time to look around the Ayondo platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Ayondo

Ayondo support a limited number including

Ayondo have a A grade support rating because Ayondo offer over three languages.

Livechat Support at Ayondo

Ayondo does not offer LiveChat Support.

Email Support at Ayondo

We sent several emails to Ayondo and answer times overall were excellent. The fastest response from Ayondo was less than 40 minutes and the slowest response was 9 hours. Support response times may vary for you with Ayondo, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall good email support from Ayondo.

Phone Support at Ayondo

We called Ayondo and the call was answered very quickly. The call was answered in less than 5 minutes.

The Ayondo phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Ayondo team by calling in varying languages. Ayondo made an effort to make sure our queries were answered.

Overall the phone support from Ayondo was okay.

See how Ayondo Support Compares Against Other Brokers

Broker	Ayondo	eToro	XTB	Trading212
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Languages		English, German, Spanish, French, and Italian	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish	English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More	Visit Ayondo	Visit eToro	Visit XTB	Visit Trading 212
Risk Warning	Losses can exceed deposits	75% of retail investor accounts lose money when trading CFDs with this provider.	80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Ayondo

As Ayondo is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

• A scanned colour copy of your passport, driving license or national ID
• A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Ayondo's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Ayondo you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.ayondo.com/ on 12th August 2018.

Ayondo review written by Andrew Blumer and Mark Hansen