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Russian
Ayondo has been serving customers since 2009, positioning itself as a German brand. The headquarters, according to legend, is located in the UK, and the broker itself aims to attract users from 200 countries and territories.
At the moment, its official website is unavailable to visitors – the platform lacks information about the broker and the ability to open an account.
What do you need to know about the Ayondo brand?
Ayondo’s clients mainly make money from CFD trading and spread betting. The domain itself has been around since 2007, and was last updated in December 2020 – apparently that’s when the office ceased operations.
The website states that the Ayondo broker’s activities are overseen by regulators BaFin and the FCA (FSCS). Notably, in 2016, the service was listed by the UK regulator FCA as a company that illegally serves European traders. Its license number actually belongs to the dealer Bux Financial Markets, and this aspect already makes it clear that we have scammers in front of us.
Markets and trading terminals. What is available to clients?
At Ayondo, the official website did not emphasize the already existing popular platforms – instead, it provided traders with their own developments for CFD trading. Investors mostly used the TradeHub terminal, which is available on mobile devices.
Among the available financial instruments traders can choose not only CFD contracts, but also currency pairs, precious metals, commodities and shares of foreign companies. Given the illegal activities, there may be doubts about the accuracy of the quotes.
Trading Conditions and Withdrawal
Newbies, as reported by Ayondo dealer reviews, could open a free demo account and test the functionality of the platform in advance. For all other users, a single real account was offered with a required minimum deposit of $100 or more. Some of the main features of trading with the broker include:
- adjustable leverage up to 1:100;
- floating spread and micro-lot trading – Ayondo does not disclose information about liquidity providers;
- trading with advisors, scalping and hedging is allowed.
Many users left complaints that withdrawals from Ayondo were made to an extremely limited number of payment methods. At the moment, investors can no longer withdraw their money, and the regulator, which was used to cover the scam, is unable to compensate for their losses.
What can you say about Ayondo broker?
The service used a classic divorce scheme of posting legal information that belongs to another company. In reality, the activity of the office was recognized as illegal, and numerous negative reviews about Ayondo say that the scammers refused to withdraw profits and restricted the activities of customers by imposing bonuses with impossible conditions.
Today the office no longer serves clients, but do not think that the swindlers will not “revive” under a different name. Before opening an account, it’s always a good idea to check contact and legal information, read the user agreement and reviews.
