B
Ayondo logo

Ayondo

5.1/10

questrade

7.4/10
9/10RegulationWinner10/10
8/10WinnerFees1/10
1/10PlatformsWinner9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsWinner10/10
6/10SupportWinner10/10

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Overview

Ayondo was founded in 2008 and is headquartered in London, while questrade was established in 2019 and is based in New Zealand. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Ayondo serves 10,000+ clients worldwide; questrade has 10,000+. The minimum deposit is $1 at Ayondo and $250 at questrade.

questrade wins this category
FeatureAyondoquestrade
Min. Deposit$1$250
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F298
Founded20082019
CountryLondonNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ayondo and questrade, directly affecting your bottom line as a trader. Ayondo has a lower barrier to entry with a minimum deposit of $1 (vs $250 at questrade). Ayondo charges withdrawal fees while questrade does not, a notable advantage for frequent withdrawers. Ayondo applies inactivity fees on dormant accounts; questrade does not. Ayondo charges deposit fees; questrade does not. Overall, Ayondo scores higher on fees in our assessment.

Ayondo wins this category
FeatureAyondoquestrade
Min. Deposit$1$250
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Ayondo offers cTrader, while questrade supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. questrade edges ahead on platform breadth and functionality in our scoring.

questrade wins this category
FeatureAyondoquestrade
MT4NoYes
MT5NoYes
cTraderYesYes
Windows AppNoYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsWeb TraderMT4, 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 questrade compare. questrade runs regular live webinars; Ayondo does not. questrade has a video library; Ayondo does not. questrade publishes daily market commentary; Ayondo does not. questrade integrates third-party research tools (Trading Central); Ayondo does not. questrade maintains an archive of past webinars for on-demand viewing. questrade scores higher overall in education and research.

questrade wins this category
FeatureAyondoquestrade
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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 questrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). questrade uniquely supports PayPal and Skrill and Neteller among the two brokers. questrade scores higher on deposit and withdrawal flexibility.

questrade wins this category
FeatureAyondoquestrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. questrade offers live chat; Ayondo does not, making questrade easier to reach in real time. Both provide phone support. Email support is available at both brokers. Ayondo supports 2 languages and questrade supports 8, giving questrade broader global reach. questrade scores higher overall on customer support in our assessment.

questrade wins this category
FeatureAyondoquestrade
Live ChatNoYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, MandarinEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic