Ayondo Review 2023

We do not recommend Ayondo.
Please see the Brokers List for alternatives.
/ 5
Ayondo is #21 in our binary options broker rankings.

Ayondo offer trading across a huge range of markets and assets. They also offer negative balance protection and social trading.


Demo Account

Copy Trading

Bonus Offer
CFDs, forex, binary options, interest bond rates, metals, indices, shares, crypto, spread betting
25% cashback deal
Credit Card, Debit Card, Wire Transfer

Binary Trading

Ayondo offers binary options trading on popular financial markets like forex and stocks. The broker also runs a cashback scheme for active traders.

Forex Trading

Trade global currencies with competitive spreads and high leverage.

Stocks Trading

Trade shares in international blue-chip companies like Coca Cola and Apple

CFD Trading

CFD trading is available across multiple markets.

Crypto Trading

You can trade some of the most well-known cryptos, including Bitcoin.

Spread Betting

Customers from the UK and Ireland can register for a spread betting account.

Copy Trading

You can copy Top Traders' positions automatically using the firm's popular social investing system.

Ayondo facilitates trading in forex, CFDs and binary options. This review will test each element of its offering, including fees, the demo account, and cryptocurrency capabilities. We also take an in-depth look at Ayondo’s proprietary social trading system and app, before concluding with a final verdict.

Company History

The founders, Robert Lempka and Thomas Winkler, launched Ayondo in 2009. Originally the company was based in Germany, but as the number of users grew the broker went global. The firm’s headquarters are now located at their London, UK office.

The company began making moves to go public in 2016. Initial Ayondo Ltd IPO forums in Singapore and the Business Times put price valuation at around $105.6 million. Press releases subsequently show that on the first day’s offering, nearly 81 million invitation shares were subscribed at S$0.26.

In 2017 the company acquired the popular investor education application TradeHero. Then following a failed reverse takeover (RTO) with Starland Holdings, the broker became the first FinTech enterprise to be listed on the Catalist growth board of the Singapore Exchange (SGX). However, in 2021 Ayondo had been delisted.

Since Ayondo launched their own broker solution, even if it is technically a white-labeled version of the Gekko Global Markets platform, the sign-up and login process has been noticeably smoother.

Ayondo Headlines

The owners and operators of the online broker are actually Ayondo Markets Ltd, a financial trading brand (FinTech company) boasting an annual revenue in excess of £15 million, according to reports.

The CEO and the rest of the Ayondo group have a clear mission – to connect investors so they can benefit from the success of ‘Top Traders’. This social element of their trading system will be broken down in detail further below.

Assets & Markets

Customers get an extensive list of 100+ instruments and markets to choose from:

Customers from the UK and Ireland can also register for a spread betting account.

Trading Platform

In terms of user experience, the TradeHub live platform is streamlined and easy to pick up. There are generous levels of customization available, helping to speed up execution. Information and lot sizes are also clear, while the interface is clean and sleek. In addition, cash balances, margins, and trading products are clearly visible. User reviews also praise that OCO orders are easily accessible and guaranteed stop-losses are automatically included with positions.

Ayondo assets under management

Overall, Ayondo’s platform is ideal for beginners or those who are used to the high standards of the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) systems.

Spreads & Commissions

Ayondo follows a market maker business model. They take their fee from the difference between the buy and sell price. They also charge deposit fees, inactivity fees, and commissions on CFDs, but withdrawals are free.

Customer reviews show that Ayondo provides relatively competitive spreads. In fact, the minimum spread for the EUR/USD pair is 0.8 pips. Another bonus is that you don’t pay a commission to third-party brokers, unlike many social trading networks.

Other Trading Fees

There are several additional costs to be aware of:


Ayondo allows trading on margin. A live account gets you up to 1:200 leverage. This essentially allows you to borrow money from your broker to capitalize on a potential opportunity. However, leveraged trading comes with risks. In fact, you could actually lose more than your initial deposit.

Fortunately, Ayondo allows you to manually adjust your leverage limits to a level you feel comfortable with.
If you are in an ESMA regulated region, such as Europe, the leverage percentage drops to 1:30 for major currency pairs, 1:20 for minor pairs, and 1:10 for commodities.

Mobile App

Ayondo offers a mobile version of the TradeHub platform. You can get the mobile trading app for both iOS and Android devices. Reviews of the iPhone and iPad apps are particularly positive. You get variable portfolio margining and just like the desktop-based platform, you can also place trailing stops while enjoying loss protection.

In addition, your Ayondo Markets mobile login details grant you access to:

Payment Methods

Once you complete registration, you will need to set about funding your account. Deposits and withdrawals can be made via debit, credit card, or wire transfer. You can open an account in EUR, GBP, and USD. You need $100 to open a live account and card deposits are free. The minimum withdrawal is $10. You will also need to verify your identity and address before you can withdraw funds for the first time.

On the whole, payment methods are an area Ayondo could improve in. There are competitors offering numerous other payment methods, including PayPal and digital wallets.

If you become a Top Trader, you also get a daily overview of your revenues and easy-to-read invoices.

Demo Account

If you are new to trading, Ayondo Markets offers a free demo account with $10,000 in virtual funds. Here you can test the broker and platform while getting familiar with the markets.

Your demo login details afford you access to a wide range of features, including viewing the performance of other traders. You can then build a portfolio of up to 5 traders and use a simulator to test their performance against historical data. Once you feel confident you can then upgrade to a live account from within your Ayondo area.
Does Ayondo work?

Bonuses & Promotions

Ayondo regularly run a range of welcome bonuses and offers. This can include 25% cashback deals, no deposit bonuses, and refer-a-friend schemes. Head over to the website to see what Ayondo Markets offers are currently available.

Regulation & Licensing

With an increase in the number of fake and fraudulent brokers, it is important to check your platform is regulated. Thankfully, Ayondo Markets Limited in London is licensed by the Financial Conduct Authority (FCA). The agency ensures the company adheres to regulations designed to protect consumers. This includes protecting your capital in a range of scenarios, such as bankruptcy.

Ayondo Portfolio Management GmbH is regulated by the Federal Financial Supervisory Authority (BaFin), registration number 145765.

Additional Features

The main feature of Ayondo is their social trading system, reviews of which are positive. There are thousands of traders to choose from and some of the best investors have over three years of experience. Finding and following Top Traders is also easy as their performance is graphically displayed on the Ayondo interface. You can actually track their performance against major indices too. You can also choose to follow traders based on specific criteria, such as profit-loss ratios.

Ayonodo startup social trading platform share price

Ayondo also facilitates access to educational resources. You can find webinars, training videos, and other manuals. The broker also has a TV spot on an online UK channel. There you can get more information on how to make the most of TradeHub.

In addition, the Research & Advisory team provides news, daily market content, reports, stock reviews, top picks, and more. You can also use their online newsletter to pick up useful tips and find out about new products.


Opening a live account with Ayondo is straightforward. The real-time account allows you to trade in CFDs, spread betting, or to generate revenue from those copying your trades. However, you will need to have:

In addition, you will need to set aside a few minutes to answer some basic questions about your trading experience, among others.

For those that wish to be copied there are different levels to pass through, from Street Trader to Institutional. If you perform well, you will benefit from greater commissions with each increase in level.

For those who wish to copy others, there are three accounts on offer: Social Trading Follower, Social Trading Top Trader, and CFD or Spread Betting.


Customer feedback shows Ayondo scores particularly well in several areas:


Despite access to some of the best traders, opinions were split into several aspects of the Ayondo offering, including:

Trading Hours

Ayondo’s trading hours are fairly industry standard. Trading is available between 22:00 GMT on Sunday and 22:15 GMT on Friday. Head over to their official website for upcoming holiday hours. There you will also be able to find the opening and closing hours for particular products and markets.

Customer Support

Customer reviews are fairly positive in terms of customer support. Traders can contact Ayondo Markets via live chat, email, and telephone. Support is available in:

Employees are knowledgeable and can help you with a long list of technical and account queries.
The support email address is service@ayondo.com. Head over to the official website for the respective telephone hotline number. There you will also find details of their partner broker affiliate program and the addresses of their London, Frankfurt, Singapore, and Zug offices.


With an increase in scams and hacking, it is important to ask – is Ayondo any good in terms of user security? Fortunately, the answer is yes. To ensure personal safety, the brokerage uses:

Furthermore, this review was particularly impressed with Ayondo’s free insurance policy. 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.

Ayondo Verdict

Ayondo’s social trading system is fantastic for several reasons, including low fees, amenable entry levels, and access to Top Traders. Overall, the brokerage sits well among competitors with a minimum deposit of $100 and industry-standard fees and spreads. It also offers a big array of educational resources, which makes it an ideal choice for beginners, and you can even test drive the platform through the demo account first.

Accepted Countries

Ayondo accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Ayondo from United States, Canada.

Payment Methods

Ayondo Details

Regulated By FCA
Islamic Account No
Mobile Apps iOS, Android and Windows
Margin Trading Yes
Volatility Index No
Spot Trading Yes
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection Yes
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker Yes
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
Stock Exchanges
  • FTSE UK Index
  • New York Stock Exchange
  • Gold
  • Silver

CFD Trading Details

FTSE Spread 1.0
GBPUSD Spread 1.1
Oil Spread 0.05
Stocks Spread 0.1%
Leverage 1:30

Forex Trading Details

GBPUSD Spread 1.1
EURUSD Spread 0.8
EURGBP Spread 0.7
Assets 30+

Cryptocurrency Trading Details

Crypto Spread Variable
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP

Binary Options Trading Details

Ladder Options No
Boundary Options No

Compare Ayondo

Compare Ayondo with similar brokers that accept traders from your location. Among available brokers these are the most similar to Ayondo:

  1. OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
    Go to OANDA
  2. Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
    Go to Webull
  3. Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to Forex.com

Ayondo Comparison Table

Compare Ayondo With Similar Brokers
Ayondo OANDA Webull Forex.com
Rating 2.8 4.5 4.4 4.5
Markets CFDs, forex, binary options, interest bond rates, metals, indices, shares, crypto, spread betting Forex Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $0 $100
Minimum Trade $0 $5 $1
Bonus 25% cashback deal $5,000 welcome bonus with a deposit of $500 Six free stocks
Education No Yes Yes Yes
Platforms MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:30 1:30 EU, 1:200 Global 1:200
Payment Methods 3 12 3 8
Visit Visit Visit Visit
Review Ayondo

Compare Trading Instruments

Compare the markets and instruments offered by Ayondo and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Ayondo Trading Instruments
Ayondo OANDA Webull Forex.com
Binary Options Yes No No No
Expiry Times
Ladder Options No No No No
Boundary Options No No No No
CFD Yes No No Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes No Yes
Oil No No No Yes
Gold Yes Yes No Yes
Copper No Yes No No
Silver Yes Yes No Yes
Corn No Yes No No
Crypto Yes Yes Yes Yes
Futures No No No Yes
Options No No Yes Yes
ETFs No No Yes No
Bonds No Yes No No
Warrants No No No No
Spreadbetting Yes No No No
Volatility Index No No No No

Ayondo vs Other Brokers

Compare Ayondo with any other broker by selecting the other broker below.

Ayondo vs


What Deposit Methods Does Ayondo Accept?

The broker accepts only credit cards, debit cards, and bank wire transfers. E-wallets aren’t currently available.

What Is The Minimum Deposit At Ayondo?

The minimum deposit is $100, but you will need to deposit more if you wish to copy a number of investors.

Is Ayondo Regulated?

Yes, the broker is regulated by the UK Financial Conduct Authority (FCA), which ensures Ayondo follows consumer-protection legislation.

Can I Use Ayondo In The US?

No, Canada and the US are two of the regions where you cannot access the platform.

Do I Need ID To Sign Up To Ayondo?

Yes, you will need a form of identification and proof of address when you sign up for an account.

Ayondo offer trading across a huge range of markets and assets. They also offer negative balance protection and social trading.