Ayondo Trading Account – Review, Types, Process, Benefits, Charges & more
Last Updated Date: Nov 16, 2022Check out all details about Ayondo Trading Account here. Ayondo deals with Binary options, CFDs, and Forex trading.
The broker is based out of Germany however; they have their headquarters set up in the UK and are known by the name Ayondo Markets.
Ayondo trading platform is currently available in the United Kingdom, Hong Kong, South Africa, Singapore, France, India, Germany, Denmark, Italy, The United Arab Emirates, Qatar, Saudi Arabia, Kuwait, Luxembourg, and Australia.
Ayondo is however not available in Canada and the USA. In this article, you will get to know more about the Ayondo Trading account.
You will also get to know about the benefits, features commissions, and charges of the Ayondo trading account.
More importantly, you will be shown the exact way to open a trading account and trade using it in Ayondo. Let us take a look at the Ayondo Trading account in details:
Ayondo Trading Account and Benefits
Ayondo trading is a popular trading platform although it shares a common ground with TradeHub.
The platform is feature-rich and customer-centric and also allows customization according to the needs of the trader.
The Ayondo trading account has key indicators which make trading pinpoints.
You can know the choice of margin according to low and high levels.
The Ayondo trading account also features cash balances, margins, and other trading products which you will find in a big trading brand.
Ayondo features guaranteed stop-loss which works perfectly with OCO orders. Ayondo trading is designed for easy usage and thus it is suitable for beginners as well.
The Ayondo features a commission-based performance system and thus traders performing well are rewarded.
There are lots of trading instruments and a vast market size which gives the flexibility to choose. Ayondo allows trading at marginal funds which many users look at before joining.
The Risk management system in the Ayondo trading app is highly functional and automated.
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Ayondo Trading Account Charges
Trading Account Charges | |
Account Type | Standard Account |
Initial Deposit | EUR 100. |
Spread | from 1.5 pips |
Commission | No |
Leverage | 1;300 |
Ayondo charges a commission on the profit you make, that is if there is a positive difference in buying price and selling price then the commission will be charged on the difference.
The commissions are quite different and depend on the trading type.
Spreads offered by the Ayondo trading account are very competitive as the spread starts at 0 pips which are lower than the market average of 0.83 pips.
There is a commission fee for every cancellation done but if the cancellation is done from Ayondo then no commission is levied from the user.
Deposits and withdrawals are done using Debit Cards, credit cards, or Wire transfers and the process takes 1-3 business days to get completed for withdrawal.
The minimum threshold for you to become eligible for withdrawing funds in Ayondo online trading account is 10$.
If withdrawing for the first time then you will be asked to verify KYC information.
Types of Ayondo Trading Account
Types of Trading Account | |
Trading Desk Type | No dealing desk |
Min Deposit | £2,000 |
Maximum Leverage | 1;300 |
Mini Account | No |
Premium Account | N/A |
DEMO ACCOUNT | Yes |
Islamic Account | No |
Segregated Account | N/A |
Managed Account | N/A |
Institutional Account | No |
Suitable for beginners | Yes |
Suitable for professionals | Yes |
Suitable for scalping | Yes |
Suitable for daily trading | Yes |
Suitable for Weekly trading | Yes |
Suitable for swing trading | Yes |
Ayondo does not have account types according to for different types of usages rather you will get a Demo account, Live account, and a social trading account to start with
Demo Account
If you are new to Ayondo or even to trading then you should always go for the demo trading account.
The main thing about this is that you can easily transform your Ayondo trading demo account into a live account without having to register again.
Live account
A live account is where the real trading takes place with real money, unlike a demo account where you will only get virtual money that can’t be withdrawn.
Live account has all the features you will need to start trading.
Social Trading Account
The Ayondo trading has a social trading account type that has all the features of a live account plus you can contact other top traders and copy their trading moves so that you can also profit.
You can communicate with the traders as well before copy trading.
Ayondo Account Opening and Trading Process
Opening an account with Ayondo is very simple as it is all basic.
Let us take a detailed overview of the account opening and trading process with the Ayondo trading account.
- Go to the official website of Ayondo. You can search through Google to find it easily.
- Find the signup button on the top right corner of the home page and click on it
- Next register with your email id and personal details. Once this is done they will ask for email verification. Open your mailbox and follow the instructions sent by the Ayondo trading account
- Once you have successfully verified you can log in to Ayondo with user id and password to the Ayondo trading account.
- Next, you need to verify KYC meaning that you need to submit Gove approved ID proof. It will take 1 hour to 2 business days to get the check done. Once KYC verification is done you can start trading with a minimum of 10$.
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Ayondo Trading Account – Features
Trading Features | |
Educational Services | No |
Social Trading / Copy Trading | Yes |
Trading Signals | No |
Email Alerts | Yes |
Guaranteed Stop Loss | No |
Guaranteed Limit Orders | No |
Guaranteed Fills / Liquidity | No |
OCO Orders | Yes |
Trailing SP/TP | Yes |
Automated Trading | No |
API Trading | Yes |
VPS Services | No |
Trading From Chart | No |
Interest On Margin | No |
Offers Hedging | Yes |
Offers Promotions | No |
One-Click Trading | No |
Expert Advisors | No |
Other Trading Features | No |
Here are some features of the Ayondo trading account:
Social Trading System
Ayondo features a social trading system where you can connect with other expert traders, follow them, and know more about trading in detail.
You can also copy their trading moves and earn profit from them.
You can also find highly experienced and expert traders from the pool of thousands of traders out there in the Ayondo trading account.
Best User Interface
Ayondo trading app has a very clean and to-the-point interface.
There are no unnecessary elements that make it easier to trade.
The trade charts are available in the form of graphs and the indices are trackable.
Tutorial videos and tips
There are lots of tutorial videos available in the Ayondo trading account which are free and give you in-depth knowledge of trading.
Ayondo trading account has recorded webinars, various training videos, and live sessions as well.
Automated Trading
Ayondo trading app provides automated trading by which you can set your preferences and bots will trade for you, efficiently.
These bots are tested and highly effective.
Check out Online Trading Services of FOREX Brokers
Ayondo Trading Account – Conclusion
Ayondo is a new broker in the market but has gained a lot of popularity in recent times due to its robust features.
The main reason for their sudden reach to people is the Social trading feature where you can communicate with other top traders and copy their trading style.
You will find competitive leverage and low commissions. The Ayondo trading account is very easy to register and trade.
More importantly, it provides lots of features that major companies don’t as a result there is an influx of users from other brokers to the Ayondo trading platform.
If you are a novice then you can start with the help of the demo account.
Ayondo Online Trading – FAQs
Here is the list of FAQs related to the Ayondo Online Trading:
Does Ayondo provide Online Trading?
Yes, Ayondo is a fully online trading platform where you can trade only if you are using a good internet connection.
You can use the mobile platforms as well but then internet connection is a must as it is fully online.
What are the Commission Charges in the Ayondo trading platform?
Yes, there are some commission charges associated with the Ayondo Trading account.
They will levy some percentage as a commission from the profit you make.
Does Ayondo provide Demo account Trading?
Yes, the Ayondo trading platform offers a demo trading account where you can learn various things about the trading market as well as the Ayondo trading account.
Is trading Free at Ayondo?
Yes, Trading is free in the Ayondo Trading account but there are commissions associated with the trading account.
Moreover, you can be charged by your banks for transferring funds as a processing charge.
Does Ayondo provide Spot Metals Trading?
Yes, Ayondo provides spot metal and precious metal trading at very low commissions.
You will get key indicators to know more about the market trend so that you will be able to earn more profit.
What are Spot Metals Trading Charges at Ayondo?
There are no spot metal trading charges associated with the Ayondo app however, you need to clarify this with the customer support that Ayondo has before trading with precious metals.
Does Ayondo provide Stock Trading?
Yes, Ayondo provides stock trading. It also provides CFDs, Precious metals, Forex currency pairs, Interest/bond rates, Stock trading, and Indices.
What is spread at Ayondo?
Spreads offered by the Ayondo trading account are very competitive as the spread starts at 0 pips which are lower than the market average of 0.83 pips.
Does Ayondo provide Trading Tips?
Yes, Ayondo is filled with tutorial videos and tips.
They have a separate section for tutorial videos and people who don’t understand the ifs and buts of trading can easily access it and use it to profit huge.
There are trading tips shown in between a trade so that you are aware of the features.
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