Ayondo vs Plus500

Ayondo vs Plus500 Comparison Table 2024
Ayondo Plus500
2.3
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.

82% of retail CFD accounts lose money.
Customer Reviews
3
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." "Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources."
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
  • Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface
  • The broker offers commission-free trading on a diverse range of markets, minimizing additional fees while appealing to established traders
  • Plus500 has recently bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility
  • You can utilize leverage while engaging in long or short positions, allowing for more strategic trading opportunities
  • The customer support team continue to provide reliable 24/7 support via email, live chat and WhatsApp
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
  • Plus500’s lack of support for MetaTrader or cTrader charting tools might be a deal breaker for advanced day traders looking for familiarity
  • Educational resources are limited compared to best-in-class brokers like eToro, impacting the learning curve for beginners
  • The absence of social trading means users can’t follow and replicate the trades of experienced traders
  • Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited
  • Algo trading and scalping are not supported, which may deter some day traders
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs, forex, binary options, interest bond rates, metals, indices, shares, crypto, spread betting CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • Own
  • WebTrader
  • App
Payment Methods
Minimum Trade
0.01 Lots
Regulator
BaFin FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA
Margin Trading
Yes Yes
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 Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS, Android & Windows
App Review

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Android App Rating
4.3
iOS App Rating
4.1
Auto Trading
No
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 Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
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. Plus500 presents commission-free CFDs encompassing a vast array of markets, spanning currencies, stocks, indices, and commodities. You can engage in long or short positions on popular assets, benefiting from adaptable leverage without encountering any concealed fees. Due to the prohibition of CFDs in the US, Plus500 doesn’t facilitate CFD trading for US customers. However, the company does provide access to a new platform called TradeSniper, specifically tailored for trading futures, which is accessible to US traders.
Leverage
1:30 1:30
FTSE Spread
1.0 1.2
GBPUSD Spread
1.1 1.1
Oil Spread
0.05 0.04
Stocks Spread
0.1% 0.08
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. Plus500 provides forex trading through CFDs, featuring narrow spreads across an impressive selection of over 60 currency pairs. During testing, spreads came in as tight as 0.6 pips on the EUR/USD, which is notably lower than many alternatives.
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

GBPUSD Spread
1.1 1.1
EURUSD Spread
0.8 0.6
EURGBP Spread
0.7 1.4
Assets
30+ 60+
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. Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • XRP
  • LTC
  • ETH
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
Crypto Lending
No No
Crypto Mining
No No
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
82% of retail CFD accounts lose money.
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