A German company established in 2009 with offices in Frankfurt, London and Singapore, Ayondo is one of the top social networks and has attracted over 40,000 investors.
They use their own integrated broker formerly known as Gekko and, as a result, offer very good spreads, low slippage and a straight forward sign-up process that cuts out third-party brokerage accounts.
Investors can place their own trades manually via the TradeHub platform, or alternatively can copy up to 5 vetted Top Traders from the Ayondo network. The network currently has over 800 Top Traders (Ayondo’s term for traders on their social trading platform) of which around 40 trade real money accounts.
The profit scheme offered to Ayondo traders might also be one of the best out there as it doesn’t simply pay on a per lot basis, but is also affected by the traders’ money management, performance and consistency, which is a huge plus for investors.
Ayondo is free to join, has no trading fees (excepts for their spread) and offers accounts in GBP, USD and EUR. Currently traders/investors can trade forex, commodities, indices, interest rates/bonds and shares, and Ayondo also offers free demo accounts.
Overall, Ayondo lacks any real social features, but does offer a very sleek and easy to use trading platform with great spreads and minimal slippage.