LONDON, June 11, 2013 /PRNewswire/ --
ayondo, the leading Frankfurt-based social trading platform, has launched in the UK. Thomas Winkler (Managing Director) said: "ayondo is the first social trading platform to offer spread betting with proportional following for a wide range of asset classes e.g. FX, indices, stocks and commodities. The benefit of proportional following is that clients can track their chosen trader(s) using a small amount of funds whilst minimising tracking error."
He added, "This method of investing allows novice traders and the more experienced trader to study, follow and automatically mimic fellow traders - we call them 'Top Traders'. The performance and success of each Top Trader is quantified using a wealth of statistics which ultimately enables the client to make an informed decision regarding who they would like to follow."
Clients can automatically follow up to 5 top traders with as little as £100. When the chosen trader places a trade, that trade is automatically replicated on the client's account with no further interaction by the client. Clients are then able to connect, disconnect and change traders whenever they like.
A special bonus
The first 500 customers to open an account via our execution partner ayondo markets and fund with £100 by 31st July 2013 will receive a £100 bonus added to their account (terms and conditions apply).
ayondo is the leading social trading platform in Germany. The service connects certified traders with private investors and started in 2009. After the launch of the broker ayondo markets in 2012, ayondo plans the expansion into several new markets in 2013. ayondo is a portfolio company of Next Generation Finance Invest.
Spread Betting and CFDs are high-risk investments and it is possible to lose more than your initial deposit. Spread Betting and CFDs are not suitable for all investors and you should ensure that you understand the risks involved and, if necessary, obtain independent financial advice to ensure that these products fit your investment objectives. Tax law can be changed or may differ if you pay tax in a jurisdiction other than the UK. ayondo markets Ltd. is a company registered in England and Wales under register number 08248081. ayondo markets Ltd. (FRN 591040) is an Appointed Representative of Gekko Global Markets Ltd. Gekko Global Markets Ltd. is authorised and regulated by the Financial Services Authority, FSA Register number 184333.