Ayondo
XM
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Overview
Ayondo was founded in 2008 and is headquartered in London, while XM was established in 2009 and is based in Cyprus. Ayondo holds licences including Financial Conduct Authority (FCA), while XM is regulated by International Financial Services Commission(IFSC) among others. Ayondo serves 10,000+ clients worldwide; XM has 3,500,000+. The minimum deposit is $1 at Ayondo and $5 at XM.
| Feature | Ayondo | XM |
|---|---|---|
| Min. Deposit | $1 | $5 |
| Regulation | Financial Conduct Authority (FCA) | International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) |
| Founded | 2008 | 2009 |
| Country | London | Cyprus |
| Clients | 10,000+ | 3,500,000+ |
Fees
Fees are a critical factor when choosing between Ayondo and XM, directly affecting your bottom line as a trader. Ayondo has a lower barrier to entry with a minimum deposit of $1 (vs $5 at XM). Ayondo charges withdrawal fees while XM does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Ayondo charges deposit fees; XM does not. Overall, XM scores higher on fees in our assessment.
| Feature | Ayondo | XM |
|---|---|---|
| Min. Deposit | $1 | $5 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Ayondo offers cTrader, while XM supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. XM edges ahead on platform breadth and functionality in our scoring.
| Feature | Ayondo | XM |
|---|---|---|
| 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, 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 XM compare. XM runs regular live webinars; Ayondo does not. XM has a video library; Ayondo does not. XM publishes daily market commentary; Ayondo does not. XM integrates third-party research tools (Trading Central); Ayondo does not. XM maintains an archive of past webinars for on-demand viewing. XM scores higher overall in education and research.
| Feature | Ayondo | XM |
|---|---|---|
| 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 XM supports 3 (bank transfer, credit/debit card, Neteller). XM uniquely supports Neteller among the two brokers. XM scores higher on deposit and withdrawal flexibility.
| Feature | Ayondo | XM |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. XM offers live chat; Ayondo does not, making XM easier to reach in real time. Both provide phone support. Email support is available at both brokers. Ayondo supports 2 languages and XM supports 20, giving XM broader global reach. XM scores higher overall on customer support in our assessment.
| Feature | Ayondo | XM |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Mandarin | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish |