Ayondo Markets

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Overall Rating3.573.573.573.573.57
Spreads3.713.713.713.713.71
Execution3.713.713.713.713.71
Support3.573.573.573.573.57
3.64285714286

Ayondo is a British registered company offering both spread betting and CFD offerings. Ayondo’s trading business originally started trading under the name of Gekko Global Markets in 2008. In 2009, a Swiss company, Next Generation Finance Invest (NextGFI) became a major investor in Ayondo and the business evolved a social trading division where beginner traders can follow signals generated by other traders who also openly display their trading portfolio.

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9 Responses to this entry

  • Dennis Says:

    I like Ayondo so far – I like their trading platform and whenever I needed their support they were available and friendly. I like the fact they charge only financing on the amount I borrow and not the full position size…

  • Zac Says:
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    Advantages:
    Good customer service, very small stakes, i.e. Eur/Usd £0.18 / pip minimum, spreads relatively tight – Eur / Usd 1 pip, Gbp / Usd 2 pips. No problems with withdrawals so far.

    Disadvantages:
    Platform is not up to my standard. For example, if you place multiple entries, on the same pair, it would only give you the average entry instead of all entries. They said a new platform will be introduced on 19th March 2012. I’m looking forward to it.

    Overall I’m quite happy with Gekko Spreads. 😉

  • teresa Says:

    I was with gekko and I had a trade on they did not stop me out I not only lost my money in the account, but I also lost slippage over £400 total loss £2500 spreads open wider I could not believe it when i looked in my account and it had 0 out and then seeing that I owed them money. My stop eventually stoped and it was just above the bottom point of trading. Steer clear. No call no explanation why such large slippage.

  • Fred Destin Says:
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    I like the look and feel and the gekko 😉

  • jim whitson Says:
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    Gekko have 1.5 point spread on FTSE & 2.0 point spread on DAX. However, they are gradually opening spreads wider, so I have stopped using them, although you can trade between 20p and 30p per point.

  • Lukas Högdahl Says:
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    Gekko Global Markets sounds very spivvy…

    I like Wall St and my favourite character is Gordon Gekko so I’ll call my spread betting company that! Will they be taken seriously with that name?

    On the plus side their platform is easy and well laid out, certainly for what I do anyway. The platform appears to work faster than any other spread betting provider set-up I’ve tried, for logging on, displaying charts and (usually) executing trades. IG has far more bells and whistles, but can be painfully slow at times.

    GG Markets supports stakes with fractions – spreads are a bit painful though, trading/betting penny’s, fat spreads don’t cut it.

  • lars Says:
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    I’ve never had any significant slippage issues and I have been trading for year through the Swedish outfit IFlexMarkets. VDM’s platform does seem to work very quickly, with no requotes or rejections, but the variable spreads on indices are is annoying. Great execution model, must be one of the best out there. I just wish the spreads on some of the instruments were a little bit better.

  • robert Says:
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    There were severe performance issues in the form of slippage. They were slipping me badly on everything even at low stakes. I asked them to close my account but they requested ID to transfer the money back. In the meantime they froze my account. They said the ID was required by the FSA. I didn’t send it in for a few weeks – they followed it up and I said I’d be willing to give them another go and see if they had cleared the issues up. At that point they said they were not going to allow me to continue, they were closing the account and I would have the money transferred back immediately without the ID needed.

  • orhan panuk Says:
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    I closed my account with VDM as their platform kept crashing and cost me a fair bit of money. Not had one person ask why I closed the account or any offers to come back. Having said I did like the relative simplicity of opening and closing the trades – well when it worked

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