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Ayondo logo

Ayondo

5.1/10

VTB 24 Bank

6.1/10
9/10WinnerRegulation3/10
8/10FeesTied8/10
1/10PlatformsWinner9/10
0/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
6/10SupportWinner10/10

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Overview

Ayondo was founded in 2008 and is headquartered in London, while VTB 24 Bank was established in 2008 and is based in Russia. Ayondo holds licences including Financial Conduct Authority (FCA), while VTB 24 Bank is regulated by Unregulated among others. Ayondo serves 10,000+ clients worldwide; VTB 24 Bank has 10,000+. The minimum deposit is $1 at Ayondo and $100 at VTB 24 Bank.

VTB 24 Bank wins this category
FeatureAyondoVTB 24 Bank
Min. Deposit$1$100
RegulationFinancial Conduct Authority (FCA)Unregulated
Founded20082008
CountryLondonRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Ayondo and VTB 24 Bank, directly affecting your bottom line as a trader. Ayondo has a lower barrier to entry with a minimum deposit of $1 (vs $100 at VTB 24 Bank). Ayondo charges withdrawal fees while VTB 24 Bank does not, a notable advantage for frequent withdrawers. Ayondo applies inactivity fees on dormant accounts; VTB 24 Bank does not. Ayondo charges deposit fees; VTB 24 Bank does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureAyondoVTB 24 Bank
Min. Deposit$1$100
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Ayondo offers cTrader, while VTB 24 Bank supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. VTB 24 Bank edges ahead on platform breadth and functionality in our scoring.

VTB 24 Bank wins this category
FeatureAyondoVTB 24 Bank
MT4NoYes
MT5NoYes
cTraderYesYes
Windows AppNoYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsWeb TraderDesktop, Tablet & Mobile apps,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Ayondo and VTB 24 Bank compare. VTB 24 Bank runs regular live webinars; Ayondo does not. VTB 24 Bank has a video library; Ayondo does not. VTB 24 Bank publishes daily market commentary; Ayondo does not. VTB 24 Bank integrates third-party research tools (Trading Central); Ayondo does not. VTB 24 Bank maintains an archive of past webinars for on-demand viewing. VTB 24 Bank scores higher overall in education and research.

VTB 24 Bank wins this category
FeatureAyondoVTB 24 Bank
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 VTB 24 Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAyondoVTB 24 Bank
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. VTB 24 Bank offers live chat; Ayondo does not, making VTB 24 Bank easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. VTB 24 Bank scores higher overall on customer support in our assessment.

VTB 24 Bank wins this category
FeatureAyondoVTB 24 Bank
Live ChatNoYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, MandarinEnglish, and Chinese