Warning: Trading CFDs is high-risk and you may end up losing more than your initial deposit. Please make sure you fully understand the risks involved before you start CFD trading.
Ayondo is a social-trading platform that was founded in 2009 and has its headquarters in London. Originally operating in Germany, Ayondo has now expanded and offers global reach to markets. Aeon is operated by Ayondo Markets, which is regulated by the Financial Conduct Authority. Whilst the backbone of Ayondo's platform is CFD trading, it also offers spread betting broker services to eligible clients, so they can profit from tax-exemption rules.
Ayondo clients can trade by following the trading activity of other traders or conventionally deciding their own buy/sell CFD trades. In terms of device coverage, Ayondo offers platforms for smartphones, tablets and desktop.
TradeHub is a unique trading platform created by Ayondo that allows users to execute trades automatically. The platform is easy to use and can be individually customised to fit your needs.
Traders can choose low-level margins, up to 100% and only pay for that leverage that they use. Traders are also given the ability to trade risk-controlled trades, making use of notional investment amount for each trade - but whilst staying as standard CFD/spread bet status.
An extra benefit is that traders also receive 100% of any stock dividends they are entitled to, subject to tax rates.
TradeHub is available on smartphones for both iOS and Android devices. The app comes pre-loaded with several specially-designed mobile trading features. These features include:
Traders also have mobile-access to charts, search user documentation and help with the platform, to ensure you get the most out of the apps.
Clients can open a demo account or a live trading account, depending on their needs. The live trading account has a minimum deposit stipulation of €100. Live account allow clients to trade CFDs, spread betting or make money from those who follow their trades.
Ayondo does not charge commission on trades, but trades do invoke a spread, which is how Ayondo makes money. The spreads start at 1.5 pips (EUR/USD) upwards. Trades left open overnight do not incur charges, but if left open over the weekend, a small fee is incurred.
Ayondo allows traders to become 'signal providers', if they fulfil certain criteria. These traders are those that will be available to 'follow' (or copy) the trades of, as they are considered 'top traders'. The various levels of traders are as follows:
Ayondo traders can make use of a variety of trading tools and resources to help them improve their trading and overall experience with Ayondo. Traders have access to:
Deposits available via Credit card, debit card and wire transfer. The minimum deposit is set at 100 GBP/USD/EUR or equivalent and with minimum withdrawal is USD 10. Traders will need to verify the identities before making their first account withdrawal.
In terms of support, Ayondo offers Ayondo LiveChat, email and telephone services.