MultiBank Exchange Group Vs Ayondo

MultiBank Exchange Group and Ayondo in Detail

The MultiBank Exchange Group online trading platform gives traders from all over the world access to over 20,000 financial instruments, Ayondo include over 1,000 available instruments. There are over 1,000,000+ registered customers that have taken advantage of the MultiBank Exchange Group platform.

MultiBank Exchange Group are regulated by ASIC (Australian Securities & Investments Commission) (416279), ASIC (Australian Securities & Investments Commission) (001285048), BaFin (German Federal Financial Supervisory Authority) (HRB 73406), CIMA (Cayman Islands Monetary Authority) (1811316), CySEC (Cyprus Securities and Exchange Commission) (430/23), ESCA (Securities and Commodities Authority of the UAE) (20200000045), DFSA (Dubai Financial Services Authority) (CL3989), BaFin (German Federal Financial Supervisory Authority) (491129z), MAS (Monetary Authority of Singapore) (CMS101174), TFG (Tianjin Financial Government) (120000400121019), VFSC (Vanuatu Financial Services Authority) (700443).

Ayondo is a renowned London financial trading brokerage established in 2008.

Ayondo serves customers globally and are regulated by BaFin (Federal Financial Supervisory Authority ) (145765). Depending on the country you are trading from MultiBank Exchange Group may serve you from a different business entity to comply with its financial regulators.

Ayondo is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. MultiBank Exchange Group is not listed as a PLC.

Ayondo is a popular well known financial trading platform serving over 250,000 customers.

Benefits of MultiBank Exchange Group and Ayondo Compared

Below, we will give you a summary of the benefits MultiBank Exchange Group and Ayondo offer side by side.

MultiBank Exchange Group offers a minimum deposit of 200 while Ayondo have a 100 minimum deposit.

Why smaller trading deposits are good and how MultiBank Exchange Group and Ayondo compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either MultiBank Exchange Group or Ayondo. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. MultiBank Exchange Group requires a minimum deposit of 200, whereas Ayondo mandates a minimum deposit of 100. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's MultiBank Exchange Group or Ayondo, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

MultiBank Exchange Group allows traders to trade up to 20,000 financial instruments while Ayondo have around 1,000 on their trading platform.

The more instruments available on MultiBank Exchange Group and Ayondo trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of MultiBank Exchange Group or Ayondo.

The MultiBank Exchange Group trading platform has 0 stocks listed while Ayondo has 21 stocks listed.

MultiBank Exchange Group allows retail traders to trade the following assets Forex on the MultiBank Exchange Group MT4, MT5, MultiBank Plus, iOS (App Store), Android (Google Play), WebTrader, Mobile Apps trading platforms.

Alternatively Ayondo allows retail traders to trade Forex, CFDs, Social Trading, Binary Options on the Ayondo ActivTrader, Apple App iOS, Android Google Play, MT4, MT5, WebTrader trading platforms.

Compare MultiBank Exchange Group and Ayondo in more detail below.

Drawbacks of MultiBank Exchange Group and Ayondo Compared

Below we compare what drawbacks MultiBank Exchange Group and Ayondo have side by side.

Various potential downsides can be associated with certain brokers, including MultiBank Exchange Group and Ayondo. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by MultiBank Exchange Group compared to Ayondo. High trading fees and commissions must be factored into your profit loss of each live trade. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of MultiBank Exchange Group versus Ayondo.

MultiBank Exchange Group Vs Ayondo Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with MultiBank Exchange Group or Ayondo. A diversified portfolio with MultiBank Exchange Group or Ayondo can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like MultiBank Exchange Group or Ayondo, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as MultiBank Exchange Group and Ayondo.

MultiBank Exchange Group Vs Ayondo Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both MultiBank Exchange Group and Ayondo, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both MultiBank Exchange Group and Ayondo offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with MultiBank Exchange Group or Ayondo is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with MultiBank Exchange Group or Ayondo could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on MultiBank Exchange Group, Ayondo, and all brokers are subject to regulation.

We compare MultiBank Exchange Group vs Ayondo Crypto options below side by side.

MultiBank Exchange Group Vs Ayondo Commission and Fees

knowing your trading and commission fees with MultiBank Exchange Group vs Ayondo is extremely important. For the majority of the MultiBank Exchange Group 20,000 financial instruments and Ayondo 1,000 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with MultiBank Exchange Group and Ayondo. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with MultiBank Exchange Group and Ayondo before you invest because you must know what you are paying.

You ideally want to choose a broker like MultiBank Exchange Group or Ayondo that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with MultiBank Exchange Group or Ayondo. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential MultiBank Exchange Group and Ayondo fees, of course. Make sure you do your research and check the commission and fees with both MultiBank Exchange Group and Ayondo before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with MultiBank Exchange Group or Ayondo be aware of or 3rd party payment provider fees and currency conversion fees.

Both MultiBank Exchange Group and Ayondo do charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant MultiBank Exchange Group and Ayondo accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your MultiBank Exchange Group or Ayondo account, or choose to close it.

Usually, the associated fees for dormant MultiBank Exchange Group or Ayondo accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live MultiBank Exchange Group or Ayondo trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like MultiBank Exchange Group or Ayondo you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay MultiBank Exchange Group or Ayondo nothing for this. If this is the case, it can be a big problem. Constant deposit fees can potentially add up, so this will take some consideration before you sign up.

Let's see how MultiBank Exchange Group vs Ayondo compare side by side for commissions and fees.

MultiBank Exchange Group Vs Ayondo Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the MultiBank Exchange Group and Ayondo platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an MultiBank Exchange Group or Ayondo demo account.

MultiBank Exchange Group Vs Ayondo Mobile Trading

Trading on your mobile with MultiBank Exchange Group and Ayondo can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and MultiBank Exchange Group and Ayondo mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with MultiBank Exchange Group or Ayondo. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with MultiBank Exchange Group or Ayondo can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with MultiBank Exchange Group or Ayondo is essential. Likewise, if you have an android phone, it's crucial to verify if MultiBank Exchange Group or Ayondo broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if MultiBank Exchange Group and Ayondo have trading apps compatible with your device.

MultiBank Exchange Group Vs Ayondo Trading Account Types Offered

MultiBank Exchange Group Vs Ayondo Demo Account

A demo account with MultiBank Exchange Group or Ayondo is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an MultiBank Exchange Group and Ayondo demo account.

MultiBank Exchange Group Vs Ayondo Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if MultiBank Exchange Group or Ayondo offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both MultiBank Exchange Group and Ayondo do offer Micro accounts.

MultiBank Exchange Group Vs Ayondo Standard Account

A standard account is available on MultiBank Exchange Group and Ayondo to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both MultiBank Exchange Group and Ayondo do offer clients Standard accounts.

MultiBank Exchange Group Vs Ayondo MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with MultiBank Exchange Group or Ayondo or alternative.

Both MultiBank Exchange Group and Ayondo do offer clients MAM accounts.

MultiBank Exchange Group Vs Ayondo ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with MultiBank Exchange Group or Ayondo or alternative.

MultiBank Exchange Group does offer clients ECN accounts, while Ayondo does not offer clients ECN accounts.

MultiBank Exchange Group Vs Ayondo Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with MultiBank Exchange Group or Ayondo or alternative.

Both MultiBank Exchange Group and Ayondo do offer clients Islamic accounts.

MultiBank Exchange Group Vs Ayondo STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with MultiBank Exchange Group or Ayondo or alternative.

MultiBank Exchange Group does not offer clients STP accounts, while Ayondo does offer clients STP accounts.

MultiBank Exchange Group Vs Ayondo Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Both MultiBank Exchange Group and Ayondo do not offer clients Managed accounts.

MultiBank Exchange Group Vs Ayondo Withdrawal and Funding Methods

MultiBank Exchange Group and Ayondo have multiple deposit and withdrawal options. Funding and withdrawing from your MultiBank Exchange Group and Ayondo accounts to your chosen payment method should be straightforward. Lets see how MultiBank Exchange Group and Ayondo compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from MultiBank Exchange Group or Ayondo.

MultiBank Exchange Group Vs Ayondo Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of MultiBank Exchange Group or Ayondo support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the MultiBank Exchange Group and Ayondo support is always available when needed. MultiBank Exchange Group and Ayondo customer support is not just useful. broker customer support is crucial to your trading success!

MultiBank Exchange Group Vs Ayondo Live Chat

Live chat is important for several reasons. When you encounter a problem with MultiBank Exchange Group or Ayondo trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

MultiBank Exchange Group do offer livechat support. On the other hand Ayondo do not offer livechat support.

MultiBank Exchange Group Vs Ayondo Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either MultiBank Exchange Group or Ayondo you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the MultiBank Exchange Group or Ayondo support team to answer satisfactorily. Email support with MultiBank Exchange Group and Ayondo will be needed.

Both MultiBank Exchange Group and Ayondo offer email support.

MultiBank Exchange Group Vs Ayondo Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either MultiBank Exchange Group or Ayondo. We can get straight to the point, saving us time and frustration.

Both MultiBank Exchange Group and Ayondo offer phone support.

Lets see how MultiBank Exchange Group and Ayondo customer support compare side by side.

MultiBank Exchange Group Vs Ayondo Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether MultiBank Exchange Group and Ayondo are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that MultiBank Exchange Group or Ayondo have these in place, please be extremely cautious before you proceed with them.

We compare MultiBank Exchange Group Vs Ayondo financial regulation and licensing side by side below.

MultiBank Exchange Group Vs Ayondo Education Resources Compared

We compare MultiBank Exchange Group and Ayondo educational resources below.

MultiBank Exchange Group Vs Ayondo Risk Management Features

When trading with either MultiBank Exchange Group or Ayondo you will want to understand and make full use of all the risk management features on your MultiBank Exchange Group or Ayondo trading platforms.

We compare side by side the trading risk management features offered by MultiBank Exchange Group and Ayondo below.

MultiBank Exchange Group Vs Ayondo Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both MultiBank Exchange Group and Ayondo do offer clients hedging.

MultiBank Exchange Group Vs Ayondo Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both MultiBank Exchange Group and Ayondo do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on MultiBank Exchange Group or Ayondo. You must still monitor any live trades and your financial exposure and financial risk.

MultiBank Exchange Group Vs Ayondo Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both MultiBank Exchange Group and Ayondo do offer clients limit orders.

MultiBank Exchange Group Vs Ayondo Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both MultiBank Exchange Group and Ayondo do offer clients negative balance protection.

MultiBank Exchange Group Vs Ayondo Verdict

We hope this MultiBank Exchange Group Vs Ayondo guide has helped you decide who is best to trade with out of MultiBank Exchange Group and Ayondo.

When choosing a broker like MultiBank Exchange Group or Ayondo for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with MultiBank Exchange Group or Ayondo are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as MultiBank Exchange Group or Ayondo, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with MultiBank Exchange Group or Ayondo.

Also, before you sign up with online brokers like MultiBank Exchange Group or Ayondo, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with MultiBank Exchange Group or Ayondo before investing money into something.

Beware of the risks that come with trading with MultiBank Exchange Group or Ayondo. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all MultiBank Exchange Group and Ayondo educational resources and financial research tools. If you are new to trading, sign up for a demo account with MultiBank Exchange Group and Ayondo to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using MultiBank Exchange Group or Ayondo will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if MultiBank Exchange Group and Ayondo fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with MultiBank Exchange Group or Ayondo if your investment strategy is more long-term.

MultiBank Exchange Group and Ayondo Alternatives

If MultiBank Exchange Group and Ayondo are not what you are not quite what you are looking for we list some of the best MultiBank Exchange Group and Ayondo alternatives below.

Other MultiBank Exchange Group and Ayondo Vs Comparisons

If you are still looking for an alternative to MultiBank Exchange Group and Ayondo and want to see how MultiBank Exchange Group or Ayondo compares Vs other brokers check out the MultiBank Exchange Group Vs and Ayondo Vs list below.

MultiBank Exchange Group Vs Alternatives

Still not happy have a look at some of our alternative MultiBank Exchange Group Vs side by side comparisons below

• MultiBank Exchange Group vs IC Markets
• MultiBank Exchange Group vs Roboforex
• MultiBank Exchange Group vs eToro
• MultiBank Exchange Group vs XTB
• MultiBank Exchange Group vs XM
• MultiBank Exchange Group vs Pepperstone
• MultiBank Exchange Group vs AvaTrade
• MultiBank Exchange Group vs FP Markets
• MultiBank Exchange Group vs easyMarkets
• MultiBank Exchange Group vs SpreadEx

Ayondo Vs Alternatives

Still not happy have a look at some of our alternative MultiBank Exchange Group Vs side by side comparisons below

• Ayondo vs IC Markets
• Ayondo vs Roboforex
• Ayondo vs eToro
• Ayondo vs XTB
• Ayondo vs XM
• Ayondo vs Pepperstone
• Ayondo vs AvaTrade
• Ayondo vs FP Markets
• Ayondo vs easyMarkets
• Ayondo vs SpreadEx

MultiBank Exchange Group Vs Ayondo Frequently Asked Questions

We answer some of the most frequently asked MultiBank Exchange Group Vs Ayondo questions below.

Is MultiBank Exchange Group any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is MultiBank Exchange Group legit? - MultiBank Exchange Group are regulated by ASIC (Australian Securities & Investments Commission) (416279), ASIC (Australian Securities & Investments Commission) (001285048), BaFin (German Federal Financial Supervisory Authority) (HRB 73406), CIMA (Cayman Islands Monetary Authority) (1811316), CySEC (Cyprus Securities and Exchange Commission) (430/23), ESCA (Securities and Commodities Authority of the UAE) (20200000045), DFSA (Dubai Financial Services Authority) (CL3989), BaFin (German Federal Financial Supervisory Authority) (491129z), MAS (Monetary Authority of Singapore) (CMS101174), TFG (Tianjin Financial Government) (120000400121019), VFSC (Vanuatu Financial Services Authority) (700443) and have been in business since 2005

Is Ayondo any Good?

Ayondo are regulated by BaFin (Federal Financial Supervisory Authority ) (145765) and have been in business since 2008.

Which is better MultiBank Exchange Group or Ayondo?

MultiBank Exchange Group and Ayondo do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is MultiBank Exchange Group a con?

MultiBank Exchange Group is regulated by ASIC (Australian Securities & Investments Commission) (416279), ASIC (Australian Securities & Investments Commission) (001285048), BaFin (German Federal Financial Supervisory Authority) (HRB 73406), CIMA (Cayman Islands Monetary Authority) (1811316), CySEC (Cyprus Securities and Exchange Commission) (430/23), ESCA (Securities and Commodities Authority of the UAE) (20200000045), DFSA (Dubai Financial Services Authority) (CL3989), BaFin (German Federal Financial Supervisory Authority) (491129z), MAS (Monetary Authority of Singapore) (CMS101174), TFG (Tianjin Financial Government) (120000400121019), VFSC (Vanuatu Financial Services Authority) (700443) and have been in business since 2005. We recommend looking at a MultiBank Exchange Group alternative that has more financial regulation.

Is Ayondo a con?

Ayondo is regulated by BaFin (Federal Financial Supervisory Authority ) (145765) and have been in business since 2008. We recommend looking at a Ayondo alternative that has more financial regulation.

What happens if MultiBank Exchange Group or Ayondo go bust?

MultiBank Exchange Group and Ayondo are regulated, which means that as part of their regulatory obligations MultiBank Exchange Group and Ayondo have to offer a certain level of financial protection to their clients. MultiBank Exchange Group and Ayondo should by law keep client funds separate from MultiBank Exchange Group and Ayondo funds. If either MultiBank Exchange Group or Ayondo goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the MultiBank Exchange Group and Ayondo websites and regulators.

Are MultiBank Exchange Group or Ayondo good for beginners?

MultiBank Exchange Group and Ayondo offer low deposits and access to a selection of market insights and news resources. Both MultiBank Exchange Group and Ayondo offer demo accounts. Demo trading accounts are a big plus for MultiBank Exchange Group and Ayondo as it shows they are interested in their customers.