Ayondo Review 2024

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Written By
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Written By
William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Fact Checked By
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Fact Checked By
Tobias Robinson
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.

2.3 / 5
Ayondo is #18 in our binary options broker rankings.
CFDs, forex, binary options, interest bond rates, metals, indices, shares, crypto, spread betting
Credit Card, Debit Card, Wire Transfer


  • Mirror top traders' moves through a straightforward copy trading system
  • Access a wide range of asset classes including stocks from diverse regions
  • Competitive spreads with some pricing below one pip and no commissions


  • Weak educational content vs competitors
  • No longer regulated by the FCA
  • Low-quality website and interface vs alternatives

Ayondo Review

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 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.

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.


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 German BaFin, which helps ensure 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.

Top 3 Alternatives to Ayondo

Compare Ayondo with the top 3 similar brokers that accept traders from your location.

  1. Videforex – Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.

  2. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

  3. RaceOption – RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.

Ayondo Comparison Table

Compare Ayondo With Similar Brokers
Ayondo Videforex World Forex RaceOption
Rating 2.3 3.4 4 3.5
Markets CFDs, forex, binary options, interest bond rates, metals, indices, shares, crypto, spread betting Binary Options, CFDs, Forex, Indices, Commodities, Crypto Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts Binary Options, CFDs
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $250 $1 $250
Minimum Trade $0.01 0.01 Lots $0.01
Regulators BaFin SVGFSA
Bonus 25% cashback deal 20% to 200% Deposit Bonus 100% Deposit Bonus 20% – 200% Deposit Bonus
Education No No No No
Platforms Own TradingView MT4, MT5 TradingView
Leverage 1:30 1:500 1:1000 1:500
Payment Methods 3 8 10 9
Visit Visit Visit Visit
Review Videforex
World Forex

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 Videforex World Forex RaceOption
Binary Options Yes Yes Yes Yes
Expiry Times 5 seconds – 1 month 1 minute – 7 days 5 seconds – 30 days
Ladder Options No No No Yes
Boundary Options No No No No
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes No Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes No Yes
Options No No No No
ETFs No No No No
Bonds No No 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.


Customer Reviews

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