BrokAIr Reviews

Ayondo Review

"Ayondo is revolutionizing the way people trade, but it comes with a unique set of risks that other brokers don't typically offer." Is Ayondo worth the risk?

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Ayondo is an online brokerage founded in 2008 and headquartered in London, England. The company offers a range of services, such as social trading, spread betting and CFD trading. The company has over 200,000 clients in more than 200 countries around the world. They are regulated by the UK's Financial Conduct Authority (FCA).

Pros: Ayondo offers a diverse range of services, including social trading, spread betting and CFD trading. It also provides an intuitive interface for its clients to access the markets and execute trades, as well as a wide range of technical tools to help clients manage their positions. Additionally, Ayondo is regulated by the UK's FCA and has been operating for over 10 years, implying that it has a good track record.

Cons: Ayondo does charge a commission for its services, which can be expensive for some traders. Additionally, the platform does not offer any educational materials or resources to help its customers develop their trading skills. Finally, there have been some reports of customer service issues with Ayondo.

Founders: Ayondo was founded in 2008 by Robert Lempka and Martin Schwartz. They had previously worked together at another online brokerage, CMC Markets.

Public Opinion: Overall, public opinion on Ayondo is positive. The company has consistently received good reviews from customers who appreciate its range of services, intuitive interface and reliable customer service. However, there are some who are unhappy with the high commissions charged by the platform.

Newsworthy Events: In 2020, Ayondo acquired TradeHero, an app-based social trading platform. This acquisition enabled Ayondo to expand its presence in the social trading market and provided users with access to new features. Additionally, in 2019 Ayondo announced that it had partnered with Trading Central to provide its clients with access to research analytics and market insights. Finally, in 2018 the company was awarded "Best CFD Provider" at the Professional Trader Awards.