ayondo USER RATING
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BrokerCheck ayondo Review
Order & Support Speed
What we liked about ayondo
What we liked is the possibility to combine traditional CFD trading and social trading. Due to the nature of social trading the tradable assets are limitless. A positive trend of spread reductions have been visible in recents months.
Social Trading Platform
High deposit protection
Free Demo Account
What we disliked about ayondo
Overall we dislike ayondo markets and would recommend traders to switch to a different CFD Broker. We had reports of bad order execution and high slippages. The trading costs are still above average.
Below-average order execution
Retention of pos. slippage and passing on of negatives
No US Traders allowed
BrokerCheck Review of ayondo
ayondo offers both CFD Trading and Social Trading and therefore has a wide variety of potential tradable assets – its biggest advantage is social trading. A disadvantage is that spreads in recent years have been significantly higher than the average. In recent months, however, spreads have been reduced and are now only slightly above average in the normal CFD trading area. In the social trading area, however, expensive conditions are still available. The biggest point of criticism is the below-average order execution quality. More frequent inconsistencies were reported, a slow position opening or closing as well as the passing on of negative slippage and the retention of positive! The service times offered are below average and the selection of social traders is subject to a very high fluctuation. In our opinion, neither the software nor the website is user friendly. In summary, our assessment is rather negative and we would advise other CFD brokers or other social trading platforms. However, the improvement in the cost structure in recent months suggests an improvement for the future.
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