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Ayondo vs DMM FX

Ayondo vs DMM FX Comparison Table 2024
Ayondo DMM FX
Review
2.3
DMM FX has closed.

Ayondo is a German broker that offers CFD trading on a wide range of assets including forex, stocks, indices, commodities and crypto. This market maker broker has a competitive pricing model with no commissions and spreads below 1 pip on popular assets. Traders benefit from MetaTrader 4, MetaTrader 5 and ActivTrader support as well as copy trading functionality.

Trade a range of products on the MetaTrader platforms at DMM FX.

Bonus Offer
25% cashback deal
Comment by Reviewer
"Ayondo's copy trading support and commission-free pricing model may appeal to newer traders who want to try out diverse asset classes on a range of trading platforms. On the negative side, the client area and interface are subpar compared to alternatives."
Pros
  • Access a wide range of asset classes including stocks from diverse regions
  • Mirror top traders' moves through a straightforward copy trading system
  • Competitive spreads with some pricing below one pip and no commissions
  • Low capital requirements make Ayondo attractive to beginners
  • There is an effective automated risk management system
  • Choose from three highly rated trading platforms
Cons
  • No longer regulated by the FCA
  • Weak educational content vs competitors
  • Low-quality website and interface vs alternatives
  • There is only capital protection at the account level, not at trader level
  • There is a relatively small number of high performing signal providers to follow
  • High fees for copy trading make this a less competitive option for casual traders
  • Ayondo doesn't offer a listing of the contributions from individual traders toward your overall portfolio performance
Instruments
CFDs, forex, binary options, interest bond rates, metals, indices, shares, crypto, spread betting Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 $200
Trading Platforms
  • Own
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots
Regulator
BaFin
Margin Trading
Yes No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
You can copy Top Traders' positions automatically using the firm's popular social investing system. However it lags behind the usability and choice of better copy trading brokers like eToro.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on forex, stocks, indices, energies, metals and cryptocurrencies on the MT4, MT5 or ActivTrader platforms. The broker does not restrict hedging and scalping strategies and automated trading is supported on the MetaTrader platforms, which are advantages for experienced traders, though the lack of an ECN account may put these traders off. Trade flexible CFDs on the financial markets.
Leverage
1:30
FTSE Spread
1.0 Floating
GBPUSD Spread
1.1 Floating
Oil Spread
0.05 Floating
Stocks Spread
0.1% Floating
Forex Trading
Trade 15 major, 16 minor and 25 exotic currency pairs in leveraged CFDs with a floating spread and no commission fees. Overall this is a decent selection of forex pairs that competes well with similar brokers, and the sub-one-pip pricing is also better than average. Trade majors, minors and exotics.
GBPUSD Spread
1.1 Floating
EURUSD Spread
0.8 Floating
EURGBP Spread
0.7 Floating
Assets
30+
Cryptocurrency
Trade 11 crypto CFDs including BTC, ETH and XRP in pairs with USD. The commission-free trading and tight floating spreads are an advantage over similar brokers, but the range of cryptocurrencies is mediocre and interested traders may prefer a dedicated crypto firm. Trade on top cryptocurrency assets.
Spread
Variable Floating
Coins
  • BTC
  • BCH
  • XRP
  • LTC
  • ETH
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No Yes
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Ayondo offers binary options trading on popular financial markets like forex and stocks. The broker also runs a cashback scheme for active traders. But we don't recommend Ayondo for binary options traders - other firms offer more beginner-friendly platforms, higher payouts and a better reputation. Binary options trading not offered
Ladder Options
No No
Boundary Options
No No
Review
DMM FX has closed.
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