ayondo was developed for active investors. The large majority of this group suffers losses when trading. Only a very few top traders with years of valuable experience achieve and sustain excess market returns (alpha). ayondo allows users to automatically route the performances of such top traders onto their own broker accounts.
A top trader has several benefits through entering his trades on ayondo. On the one hand, he can publicise his track record showing everyone how good he is.This would be especially advantageous if he wants to convince institutional investors of his abilities for example. On the other hand, he can use the legal framework and regulations of ayondo if third parties are to benefit from his trading skills, otherwise he requires a BaFin certificate (e.g. as a portfolio manager). ayondo already has a BaFin certificate (using a liability cover), and distributes the signals of the top traders automatically to its many customers. Through this he does not need a certificate and can appear anonymously.
However, the most important benefit is that he can build up a great and scalable online business with ayondo and earn money. The better he is, the more customers follow him, the more his commission from ayondo increases.
Scientists have determined that more than 80 percent of all active investors suffer losses. With leveraged financial products the figure rises even up to 95 percent. But why is this? In many experiments, it was found that due to insecurities, people make irrational decisions. They tend to suffer from fear, greed or arrogance for example. Only very experienced top traders have control of their emotions, their money, and risk management, and act accordingly in a disciplined fashion. With ayondo, you can now get these top traders valuable trades directly on your own account.
Based on our experience, we know that it is almost impossible to follow a trader manually. Consider the long time lapses that would happen if you had to manually enter each trade on your online broker. In addition, top traders often carry out up to 200 trades a day. In order to enter and exit correctly, you would basically have to be "glued to your desk" all the time.
Anyone who has ever tried to manually copy trades would surely agree with us. Since it is our maxim to put a fair and transparent product on the market, we do not want to ask for money for something, which at the end of the day wouldn't bring financial success to our users. We only want to earn money whenever a customer can make use of a very good service - automatic execution. Only then is it a win-win situation. The key to the model: We receive commission directly from our partner brokers so that we do not charge anything more for the automatic routing of trades to your account. We then share the earned commissions with your top traders.
On ayondo, top traders trade CFDs (Contracts for Difference). A contract for difference is contract between two parties, typically described as "buyer" and "seller", stipulating that the buyer will pay to the seller the difference between the current value of an asset and its value at contract time. Thus, it reflects the precise rate development of the underlying on which it is based without this having to be acquired by investing the relevant capital. Contracts for difference belong to the group of derivatives. In contrast to most other derivatives, however, contracts for difference are not forward transaction contracts because they do not have a due date and they last for an unlimited period. Contracts for difference can be used both for ascending rates (called "going long") and falling rates (called "going short") of the underlying.
When trading with contracts for difference, a security payment (margin) must be paid on the underlying position because the issuer or market maker is subject to the credit risk of the investor. Since the margin only constitutes a small part of the underlying's actual value, there is a "leverage effect". Normally, brokers offer a range of levers between 5:1 and 100:1. The bigger the lever, the higher the opportunities and risk (Source: Wikipedia).
ayondo exclusively offers CFDs for highly liquid assets. These include the most common currency pairs, share indices and commodities. With individual shares, there is the risk of market manipulation (front running etc.) so that only very highly liquid shares may be offered in the future (so-called bluechip values).
Generally speaking, everyone can offer his trades on ayondo. However, before being allowed to sell and hence automatically route signals to a customer, a trader must go through a certification process. This takes at least three months in which the trader must prove that he can realise a good performance at moderate risk (more under "
Your certification").
Go to "My trading report" in the "Sell signals" tab and click on "Change my password" on the top left under your picture.
When entering your email address, it is important to do so manually and not to use the copy/paste function.
You require a separate and new email address to open each new account with ayondo. You cannot register several times using the same email address. This is for security reasons so that only one person can login per email address.