Ayondo
ForexTB
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Ayondo was founded in 2008 and is headquartered in London, while ForexTB was established in 2015 and is based in Cyprus. Ayondo holds licences including Financial Conduct Authority (FCA), while ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Ayondo serves 10,000+ clients worldwide; ForexTB has 5,000+. The minimum deposit is $1 at Ayondo and $250 at ForexTB.
| Feature | Ayondo | ForexTB |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 |
| Founded | 2008 | 2015 |
| Country | London | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between Ayondo and ForexTB, directly affecting your bottom line as a trader. Ayondo has a lower barrier to entry with a minimum deposit of $1 (vs $250 at ForexTB). Ayondo charges withdrawal fees while ForexTB does not, a notable advantage for frequent withdrawers. Ayondo applies inactivity fees on dormant accounts; ForexTB does not. Ayondo charges deposit fees; ForexTB does not. Overall, Ayondo scores higher on fees in our assessment.
| Feature | Ayondo | ForexTB |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ayondo offers cTrader, while ForexTB supports MT4, MT5, cTrader. Ayondo supports social and copy trading features, which ForexTB does not offer. ForexTB edges ahead on platform breadth and functionality in our scoring.
| Feature | Ayondo | ForexTB |
|---|---|---|
| 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 Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ayondo and ForexTB compare. ForexTB runs regular live webinars; Ayondo does not. ForexTB has a video library; Ayondo does not. ForexTB publishes daily market commentary; Ayondo does not. ForexTB integrates third-party research tools (Trading Central); Ayondo does not. ForexTB maintains an archive of past webinars for on-demand viewing. ForexTB scores higher overall in education and research.
| Feature | Ayondo | ForexTB |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
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 ForexTB supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Ayondo | ForexTB |
|---|---|---|
| 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. ForexTB offers live chat; Ayondo does not, making ForexTB easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. ForexTB scores higher overall on customer support in our assessment.
| Feature | Ayondo | ForexTB |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Mandarin | English, and Chinese |