Ayondo
First Trade
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Overview
Ayondo was founded in 2008 and is headquartered in London, while First Trade was established in 2008 and is based in USA. Ayondo holds licences including Financial Conduct Authority (FCA), while First Trade is regulated by Securities and Exchange Commission (SEC) among others. Ayondo serves 10,000+ clients worldwide; First Trade has 10,000+. The minimum deposit is $1 at Ayondo and $5 at First Trade.
| Feature | Ayondo | First Trade |
|---|---|---|
| Min. Deposit | $1 | $5 |
| Regulation | Financial Conduct Authority (FCA) | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2008 | 2008 |
| Country | London | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ayondo and First Trade, directly affecting your bottom line as a trader. Ayondo has a lower barrier to entry with a minimum deposit of $1 (vs $5 at First Trade). Both brokers charge withdrawal fees. Ayondo applies inactivity fees on dormant accounts; First Trade does not. Ayondo charges deposit fees; First Trade does not. Overall, First Trade scores higher on fees in our assessment.
| Feature | Ayondo | First Trade |
|---|---|---|
| Min. Deposit | $1 | $5 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
Ayondo offers cTrader, while First Trade supports MT4, MT5, cTrader. Ayondo supports social and copy trading features, which First Trade does not offer. First Trade edges ahead on platform breadth and functionality in our scoring.
| Feature | Ayondo | First Trade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | No | Yes |
| cTrader | Yes | Yes |
| Windows App | No | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | Web Trader | MT4,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ayondo and First Trade compare. First Trade runs regular live webinars; Ayondo does not. First Trade has a video library; Ayondo does not. First Trade publishes daily market commentary; Ayondo does not. First Trade integrates third-party research tools (Trading Central, Autochartist); Ayondo does not. First Trade maintains an archive of past webinars for on-demand viewing. First Trade scores higher overall in education and research.
| Feature | Ayondo | First Trade |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Ayondo accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while First Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ayondo | First Trade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. First Trade offers live chat; Ayondo does not, making First Trade easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. First Trade scores higher overall on customer support in our assessment.
| Feature | Ayondo | First Trade |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Mandarin | English, and Chinese |