Ayondo - social trading

[Fxmaximo]

Hi that's a huge forum.
I am new to forex.

Recently came across social trading AYONDO, and because I haven't found any post about it so started new thread.
ayondo: Home

I read all the documents which they have on they webpage and it looks like its not a good choice.
I do not have account with them but I think about social trading.

I read all their documents so I want to share with it

1. They real data is not real it means less than 15 minutes delay.
2. Nobody takes resposibility for account, for trade execution. They are protected against Act of God. (that's their words)
3. If third party ex ayonda market has court case against user , the user has to pay court fees.
4. Account can be blocked any time without notice.
5. Ayonda market [ diffrent from Ayonda which is only responsible for technical issues ] can take other part of trade and trade against user.
6. Anyone who is successful in trading and followed by others can gain:
For every Lot generated depending on the Trading Career level.
• Street Trader: 1 USD for every Lot generated
• Advanced: 2 USD for every Lot generated
• Professional: 3 USD for every Lot generated
• Risk Adjusted: 4 USD for every Lot generated
• Institutional: 5 USD for every Lot generated


What you guys think about social trading and being a follower ?
What you think about eToro and ZuluTrade.
Is social trading a good way to learn trading or profit from it ?

 

[joelmch]

First time I've seen about Ayondo so far. Only 1 year?

Domain Name: AYONDO.COM
Registrar: PSI-USA, INC. DBA DOMAIN ROBOT
Sponsoring Registrar IANA ID: 151
Whois Server: whois.psi-usa.info
Referral URL: PSI-USA, Inc.
Name Server: NS1.BRINGE.NET
Name Server: NS2.BRINGE.NET
Status: clientTransferProhibited Resources - ICANN
Updated Date: 04-nov-2014
Creation Date: 16-oct-2007
Expiration Date: 16-oct-2015

 

[Pharaoh]

I prefer anti-social trading.

 

[AyondoReview]

I spent 12 months approximately on Ayondo and lost around £74,000 when all said and done. The Ayondo system in my opinion is a failure because you pass control over to novice traders who will make money from trading lot sizes on both winning and loosing trades, this is a very dangerous concept and I found traders would keep gearing you up very quickly to obtain there commission no doubt. Also you will get "netted" long and short, overtraded and you can't comminicate with the traders so it's not octal trading anyway. Stay away is my advise.

 

[aum108]

Hi that's a huge forum.
I am new to forex.

Recently came across social trading AYONDO, and because I haven't found any post about it so started new thread.
ayondo: Home

I read all the documents which they have on they webpage and it looks like its not a good choice.
I do not have account with them but I think about social trading.

I read all their documents so I want to share with it

What you guys think about social trading and being a follower ?
What you think about eToro and ZuluTrade.

I've known Ayondo for the last 4-5 years. They are present in most of the investment exhibitions in Germany.
But I never invested with them for 2 reasons.
1) I never saw a good trader that has been profitable more than two years. Maybe this will change one day.
2) I find it difficult to navigate on their webpage, you need patience.

Same with Zulutrade,..... even worse.
There are a tons of irresponsable "Traders" there, with no risk- & money-management whatsoever.

Is social trading a good way to learn trading or profit from it ?

Learn trading? Nope!
Profit? Maybe, depends on the plattform & traders.