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Home page -> Comparison -> Ayondo vs OctaFX | Broker Comparison

Title Ayondo vs OctaFX | Broker Comparison

Basic Information

Year Founded

First broker:

Second broker:

2011

Headquarters Location

First broker:

Second broker:

St. Vincent & Grenadines

Publicly Traded (Entity or Parent)

First broker:

Second broker:

YES

Regulated?

First broker:

Second broker:

YES

Primary Regulator

First broker:

Second broker:

CySEC

Minimum Deposit

First broker:

Second broker:

$5

Fixed Spreads?

First broker:

Second broker:

YES

Trading Type

First broker:

Scalping

Second broker:

ECN, STP

Commissions on Trades

First broker:

Second broker:

NO

CFD Loss Rate

First broker:

Second broker:

73% loss rate on CFDs

Maximum Leverage

First broker:

Second broker:

1:500

Currency Pairs Offered

First broker:

Second broker:

28

General Average Rating - 3 scale

First broker:

Second broker:

2,10

Background

Value

Score

Value

Score

Year Founded

First broker:

Second broker:

2011

2,5

Headquarters location + Offices

First broker:

Second broker:

St. Vincent & Grenadines

1,5

Publicly traded?

First broker:

Second broker:

No

1,5

Size Measure

First broker:

Second broker:

100 countries, 300,000 accts

2,0

Summary Score

First broker:

Second broker:

1,88

Regulatory Compliance

Value

Score

Value

Score

Regulated or unregulated?

First broker:

Second broker:

YES

3,0

Primary regulator

First broker:

Second broker:

CySEC

2,0

Multiple compliance

First broker:

Second broker:

St. Vincent

2,0

Safety of Deposits

First broker:

Second broker:

Safe if EU, segregated accts

2,0

Summary Score

First broker:

Second broker:

2,25

Fees & Charges

Value

Score

Value

Score

Commissions, Fees & Charges

First broker:

Second broker:

Low fees and spreads

2,5

General

First broker:

Second broker:

Spreads vary by acct type

2,0

Spreads

First broker:

Second broker:

Very competitive

2,0

Summary Score

First broker:

Second broker:

2,33

Investment Products

Value

Score

Value

Score

Stocks - Breadth

First broker:

Second broker:

Average to low

1,0

Forex - Breadth

First broker:

Second broker:

Below Average - 28 pairs

2,0

Other: Comm, Crypto, Spread, CFD?

First broker:

Second broker:

Comm, Crypto, CFD

2,0

Summary Score

First broker:

Second broker:

1,67

Platform experience

Value

Score

Value

Score

MT4 or equivalant

First broker:

Second broker:

MT4

3,0

Proprietary options

First broker:

Second broker:

cTrader to access Interbank

2,5

Special Advanced?

First broker:

Second broker:

MT5 for other markets

2,0

Summary Score

First broker:

Second broker:

2,50

Special Features

Value

Score

Value

Score

Feature A

First broker:

Second broker:

STP ECN connected

2,5

Feature B

First broker:

Second broker:

Copy trading

2,5

Feature C

First broker:

Second broker:

Low slippage rates

2,0

Summary Score

First broker:

Second broker:

2,33

Research Tools/Guidance

Value

Score

Value

Score

Financial Commentary

First broker:

Second broker:

Daily forecast

2,5

Technical Anlaysis

First broker:

Second broker:

Occasional in commentary

2,5

Other Guidance

First broker:

Second broker:

Basic tools

2,0

Summary Score

First broker:

Second broker:

2,17

Education Support

Value

Score

Value

Score

Basic Library

First broker:

Second broker:

Average

2,0

Webinars/Support

First broker:

Second broker:

Videos, manuals

2,0

General

First broker:

Second broker:

73% loss rate on CFDs

1,5

Summary Score

First broker:

Second broker:

1,83

Customer Support

Value

Score

Value

Score

Live Chat, Web, Tele, Offices

First broker:

Second broker:

YES

3,0

Responsiveness

First broker:

Second broker:

96% customer satisfaction

2,5

FAQs? Quality?

First broker:

Second broker:

Below Average

1,5

Summary Score

First broker:

Second broker:

2,33

General Pros & Cons

Value

Score

Value

Score

Pro #1

First broker:

Second broker:

STP ECN broker, NDD

2,5

Pro #2

First broker:

Second broker:

Received many awards

2,5

Pro #3

First broker:

Second broker:

Low fees

2,5

Con #1

First broker:

Second broker:

Poor asset coverage

1,0

Con #2

First broker:

Second broker:

cTrader platform limited

1,0

Con #3

First broker:

Second broker:

Security needs upgrade

1,0

Summary Score

First broker:

Second broker:

1,75

General Average Rating - 3 scale

General Average Rating - 3 scale

First broker:

Second broker:

2,10

Broker links

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