Ayondo Commission or Brokerage Charges – Review, Plans, FAQs & more

Know everything about Ayondo Commission or Brokerage Charges here. Ayondo is one of the most reliable and trustworthy brokers when it comes to trading.

Ayondo is regulated by the Financial Conduct Authority who is responsible for the protection of the rights of the users.

The traders’ funds are segregated from Ayondo Operating capital and this also ensures the safety of funds.

Like others, they have norms for deposits, withdrawals, and delivery of stocks and indices.

In this article, we are going to discuss the commission charges and brokerage charges of Ayondo.

We will also check if there are any other hidden charges associated with Ayondo.

We will also look at the leverages and Spread they provide through the commission plans and packages they have introduced in the pricing section.

More importantly, you will get to know about the Investment assets that they provide and a quick guide on how to open an account with Ayondo.

Read the article till the end to know all the aspects that Ayondo provides.

Ayondo Commission or Brokerage Charges

Like other brokers, Ayondo does not charge brokerage or commission based on the type of trade done. They provide competitive leverage and spreads as well.

Their least spread is lesser than the Industry average of 0.83 pips for USD and thus their spread starts from 0 pips.

Ayondo takes great care of its users and thus if your brokerage does not get delivered or if you want to modify the order, then they will not charge, unlike other major broker firms.

Margin trading is also provided by Ayondo and as a result, you will get leverage of 200:1.

If you hold positions for a longer amount of time then they will charge fees like others but they credit short positions which are held overnight with swaps which are calculated based on subtracting 3% from the 1-month interbank rate.

Since they don’t offer spread betting thus they don’t have any charges related to that segment.

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Types of Ayondo Commission Plans

Ayondo has only one type of account which is the Standard account type.

Users registering for this type of account get the extra benefits whereas users who don’t opt for Ayondo standard account type do not get these benefits.

It is to note that the standard account type has lots of features that are described on the

Ayondo official website and we will be discussing the key features that this account type has to provide.

The initial deposit with Ayondo standard account type is that of 100 Euros.

Once you have deposited 100 Euros the amount will be credited to your trading account and you will be able to start trading.

The spread that Ayondo provides via their standard account type is that of 1.5 pips and changes according to trading styles and levels.

The same can be said for leverages as well which depends on the trading style or level.

Ayondo provides leverage of 300:1 through their standard account type which is massive in itself.

Ayondo does not charge any commission or brokerages during equity trades.

Some of the features are region-specific and thus those features can be utilized by users from those regions only.

The same is the case for the features provided through the Ayondo Standard account type.

Ayondo Account Opening Process

Ayondo has a smoother account opening process. Before opening an account you should have all of the documents listed below.

A scanned copy of your Driver’s License or Government approved ID card.

You should have a scanned copy of your passbook showing your address in full from the cover page of the passbook provided by the bank.

You should also have your mobile phone, email id handy for verification purposes.

Steps to open Ayondo account

Go to Ayondo’s official website and look for the signup/Register button. The position of the button keeps on changing due to interfaces and which is why you need to look for it while you are on the Ayondo Landing page.

Once you click on the signup/register button, you will be taken to the application form. Here you have to fill up with personal information which should be true in every sense.

Once you are done, click on “agree with terms & conditions” and then click “Next” to proceed.

In the next segment, your email verification will be done and then you will be asked to upload documents that are necessary for the EKYC process.

Upon eKYC verification, they will set up your trading account with Ayondo.

Ayondo Payment or Withdrawal Methods

Ayondo provides withdrawal and deposit options via Debit cards, Wire Transfers, and Credit cards.

Usually, they give access to major card companies like Maestro, MasterCard, and Visa.

Ayondo has set up a minimum balance for users to prevent spam with small amounts and thus the minimum withdrawal amount is $10.

When you try to withdraw any amount for the first time then there will be Bank verification along with address verification and Identity verification.

The minimum deposit amount that Ayondo has set for its users is $100 which means you need to do a transaction of $100 every time you want to load your Ayondo Trading account with funds.

You will also get details of transactions, ledger overview, revenue overview, and invoices overview once you become one of the top traders in the community.

There are lots of additional benefits as well when you become a top trader in your community.

They use 3D- secure technology for safer and encrypted transactions. There are no overall charges when you deposit or withdraw.

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Ayondo Investment Assets

Ayondo has more than 100 tradable or investment assets since Ayondo is a multiple-asset platform. Ayondo provides trading options like CFD’s, Forex, Binary options, social trading, and many more.

Apart from having options like African indices, American indices, precious metals, large blue-chip-based companies, and precious metals, they have other various investment instruments where you can invest right into.

Ayondo offers currency trading, indices trading, stock trading, bonds trading, and cryptocurrency trading with Bitcoin Cash, Bitcoin, Ethereum, Lite coin, and Ripple.

The number of currency pairs that are being provided by Ayondo at present is that of 30.

The number of cryptocurrencies that they provide for users to invest in is 5+ with the likes of Bitcoin Cash, Bitcoin, Ethereum, Lite coin, and Ripple.

Ayondo Commission – Conclusion

Ayondo does not charge a commission from its users as a goodwill gesture from the company and this, in turn, lures many other users from across the globe.

Ayondo’s business model is based on charges that they incur from the users while they withdraw and which is fine because a lot of other brokers are charging commissions, brokerages and after that, they are charging fees on withdrawal which is sometimes not profitable for users going after low stock volumes.

Ayondo maintains the no commission and brokerage policy and as a result of which they are one of the trusted brokers of the decade.

They do provide competitive leverage and spreads which is greater than many other brokers out there.

You should check out other features as well before committing to a plan provided by Ayondo.

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Ayondo Charges or Fees – FAQs

Here is the list of FAQs related to the Ayondo Brokerage Charges or Fees:

Do Ayondo charges commission?

Like other brokers, Ayondo does not charge brokerage or commission based on the type of trade done.

They however charge a deposit and withdrawal fee which is very nominal and depends on the level of trading account you have.

How much does Ayondo charge brokerage?

Ayondo does not charge any brokerage but if you hold positions for a longer amount of time then they will charge fees like others but they credit short positions which are held overnight with swaps which are calculated based on subtracting 3% from the 1-month interbank rate.

What is the Minimum Deposit required in Ayondo?

The minimum deposit required by Ayondo is $100 and they also levy some charges when you deposit amounts to your account.

The same can be said for withdrawals also however, you can withdraw as low as $10 from the Ayondo trading account.

How much leverage does Ayondo provide?

Ayondo provides competitive leverages and thus you will get leverage up to 200:1. For a standard account holder, the same will be converted to 300:1.

How much is spread at Ayondo?

Ayondo provides competitive leverages and thus their least spread is lesser than the Industry average of 0.83 pips for USD and thus their spread starts from 0 pips.

What type of Commission Plans are available in Ayondo?

Ayondo has only one commission plan with exciting features and users registering for this type of account get the extra benefits whereas users who don’t opt for the Ayondo standard account type do not get these benefits.

Does Ayondo provide Cryptocurrency for Investment?

Yes, Ayondo provides cryptocurrency for trading and investment.

They have more than 5 cryptocurrencies where you can invest with the likes of Bitcoin Cash, Bitcoin, Ethereum, Lite coin, and Ripple.

Is Ayondo a legit Forex Broker?

Ayondo is regulated by the Financial Conduct Authority who is responsible for the protection of the rights of the users and this makes it one of the most reliable and trustworthy brokers when it comes to trading.

The traders’ funds are segregated from Ayondo Operating capital and this also ensures the safety of funds.

Can I invest in Ayondo with $5?

Yes, you can invest in Ayondo with as low as $5 but if you want to deposit funds to your account you will need at least $100.

If you wish to withdraw, then you need a minimum of $10 as well for that.

Are there any hidden charges available with Ayondo?

There are no hidden charges associated with the Ayondo trading account and all the charges they levy are already mentioned on their official website.

You can get more information regarding this from their official website which gets updated daily.

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