FCA regulated social trading focused firm Ayondo today reported 2015 company financial updates. The firm recorded its first profitable month in July 2015, which led to a profitable 2nd half of the year. Top line growth more than doubled by 115% to £7,349,991 in 2015 from £3,418,979 in 2014. However, the company sustained losses of…
Read moreBreaking Forex News... Social trading pioneer Ayondo has announced plans for a listing for the company on the Singapore Exchange (SGX), which would result in the company having a market capitalization in the S$210 million (USD $155 million) range post transaction, valuing Ayondo at about $116 million pre-deal. FCA-regulated Ayondo stated that it is in advanced…
Read moreFinancial technology group ayondo today announced a partnership with KGI Fraser Securities Pte Ltd, a Taiwanese-owned brokerage in Singapore, to launch KGI Contrax, which uses ayondo’s platform TradeHub®. The platform, under a white-label arrangement, enables investors to buy and sell Contracts for Difference (CFDs). Edwin Lee, Head of Wealth Management, KGI Fraser said: “We are…
Read moreRepresentatives of GGM Forex (Gekko Global Markets Ltd) are falsely claiming to be working for authorized firm Ayondo Markets, the UK regulator warns.
Read more"By enhancing its client security, ayondo aims to respond to the most pressing customer issues insofar as client money being protected by an additional client money insurance of up to £500,000. Additionally, ayondo has confirmed that there is no negative balance funding obligation" - Robert Lempka, CEO, ayondo
Read moreThe funding comes from the group's existing shareholder base and will be used to finance ayondo's continuing international expansion.
Read moreIn the course of their international expansion, the ayondo group announced today in a press release that it has opened an office in Singapore, the ayondo Asia PTE Ltd. Back in June, LeapRate reported on ayondo Group's re-branding to focus on social trading, which included new marketing campaigns to coincide with the World Cup. The…
Read moreProfessional social trading in the UK already holds great promise as it provides an innovative way for clients to invest their capital.
Read moreSocial and copytrading platform provider Ayondo replaces top management. LeapRate Exclusive.... LeapRate has learned that Manuel Heyden has resigned from the the company he co-founded and headed as CEO, Ayondo. Based in Germany, Ayondo provides social and copytrading trading platforms to FX brokers such as AvaFX (a member of LeapRate's Approved List). Heyden will be replaced…
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