freetrade vs Ayondo, Updated for 2023
Read our In-Depth freetrade vs Ayondo Review - Updated for 2023
This freetrade vs Ayondo review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this freetrade vs Ayondo review does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
Ayondo Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs Ayondo
Every online trading platform has some ups and downs, and no freetrade and Ayondo review would be complete without having a balanced approach. Compare freetrade and Ayondo to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a reputable broker and are choosing between freetrade or Ayondo. Which one is best in 2023?
Our freetrade vs Ayondo comparison contains the latest information so you can easily compare Ayondo against freetrade.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You will acquire adept at all the concepts of broker as you continue trading. For starters, you need to select the right agent who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. freetrade and Ayondo are just two such trading platforms that will take you and your investment to great heights. It's important to compare freetrade vs Ayondo until you trust them with your cash.
Our freetrade vs Ayondo comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Ayondo side by side.
Our entire freetrade vs Ayondo Review covers everything you will need to learn about trading with either freetrade or Ayondo. A fantastic broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your agent before you choose them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and Ayondo are both brokers which have paved their way successfully to the broker world. Within this review, we've tried to collate a number of the vital aspects of both freetrade and Ayondo. This review can allow you to understand whether either Ayondo or freetrade is a good fit for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.
Benefits of freetrade and Ayondo Compared
freetrade offers a minimum deposit of $0 while Ayondo has a $1 minimum deposit.
Why smaller minimum deposits are good and how freetrade and Ayondo compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
freetrade has around 115 financial instruments while Ayondo allows you to trade around 115 financial instruments on their platform.
The more instruments you can trade on the freetrade and Ayondo trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of freetrade or Ayondo.
freetrade and Ayondo Contact Details
Being able to contact an online trading platform simply is important. freetrade and Ayondo have the following contact details and social medias that you can use.
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| Broker | freetrade | Ayondo |
| Telephone Number | +44 203 488 2539 | +44 203 330 0865 |
| hello@freetrade.io | support@ayondo.com | |
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 10 East Rd, London, Greater London N1 6AD, GB |
| freetrade Twitter Account | Ayondo Twitter Account | |
| freetrade Facebook Page | Ayondo Facebook Page | |
| freetrade Instagram Account | Ayondo Instagram Account | |
| freetrade LinkedIn Page | Ayondo LinkedIn Page | |
| YouTube | freetrade YouTube Channel | Ayondo YouTube Channel |
| Find Out More |
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Ayondo and freetrade Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing freetrade and Ayondo will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
freetrade vs Ayondo - Awards
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| Broker | freetrade | Ayondo |
| Awards |
freetrade have won many industry awards over the time they have been operating as an online trading platform. We show the most notable awards for freetrade below.
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At the time of writing this Ayondo review, and despite Ayondo’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
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freetrade vs Ayondo - Frequently Asked Questions
freetrade vs Ayondo - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
Ayondo was founded in 2008 and has its head office in London.
What is the minimum deposit for Ayondo or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Ayondo is $1.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and Ayondo are a good choice.
freetrade vs Ayondo - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Ayondo is regulated by Financial Conduct Authority (FCA).
Both freetrade and Ayondo have a powerful set of rules for ensuring fair trading on their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs Ayondo Commission And Fees
freetrade and Ayondo are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily affected by the amount of customers they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 different types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you are spending a spread, funding speed, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither freetrade or Ayondo charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly trade, such as daily or weekly trading.
But, non-trading fees charged by freetrade and Ayondo are relatively lower. As a result, you are charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of assets.
This freetrade vs Ayondo review for 2023 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And Ayondo
What Languages Do freetrade And Ayondo Support?
Being able to communicate easily with your trading platform is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Here you can find all the languages that both freetrade and Ayondo offer communication in.
How Many Clients Do freetrade and Ayondo Have?
Both freetrade and Ayondo are well established with their customer base. It is important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers freetrade and Ayondo are working with
What Payment Methods Do freetrade and Ayondo Accept?
freetrade and Ayondo both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at freetrade and Ayondo
What Can You Trade With freetrade and Ayondo?
freetrade offers 115 trading instruments while Ayondo offers 100.
Below you will find a full breakdown of what both freetrade and Ayondo offer.
Compare freetrade To All Other Brokers
Compare Ayondo To All Other Brokers