Ayondo
fxcl markets
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Overview
Ayondo was founded in 2008 and is headquartered in London, while fxcl markets was established in 2006 and is based in Cayman Islands. Ayondo holds licences including Financial Conduct Authority (FCA), while fxcl markets is regulated by Financial Services Authority (FSA) number 1637 among others. Ayondo serves 10,000+ clients worldwide; fxcl markets has 10,000+. The minimum deposit is $1 at Ayondo and $250 at fxcl markets.
| Feature | Ayondo | fxcl markets |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Financial Services Authority (FSA) number 1637 |
| Founded | 2008 | 2006 |
| Country | London | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Ayondo and fxcl markets, directly affecting your bottom line as a trader. Ayondo has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fxcl markets). Ayondo charges withdrawal fees while fxcl markets does not, a notable advantage for frequent withdrawers. Ayondo applies inactivity fees on dormant accounts; fxcl markets does not. Ayondo charges deposit fees; fxcl markets does not. Overall, Ayondo scores higher on fees in our assessment.
| Feature | Ayondo | fxcl markets |
|---|---|---|
| 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 fxcl markets supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. fxcl markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Ayondo | fxcl markets |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Ayondo and fxcl markets compare. fxcl markets runs regular live webinars; Ayondo does not. fxcl markets has a video library; Ayondo does not. fxcl markets publishes daily market commentary; Ayondo does not. fxcl markets integrates third-party research tools (Trading Central, Autochartist); Ayondo does not. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.
| Feature | Ayondo | fxcl markets |
|---|---|---|
| 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 fxcl markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxcl markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.
| Feature | Ayondo | fxcl markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. fxcl markets offers live chat; Ayondo does not, making fxcl markets easier to reach in real time. Both provide phone support. Email support is available at both brokers. Ayondo supports 2 languages and fxcl markets supports 8, giving fxcl markets broader global reach. fxcl markets scores higher overall on customer support in our assessment.
| Feature | Ayondo | fxcl markets |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Mandarin | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |