Social trading tech firm reveals app for virtual trading and education
Social trading technology developer, ayondo, has revealed the ayondo Academy, a mobile app offering investors a simulated trading environment featuring trading competitions with prizes and educational modules. Traders can create virtual portfolios and formulate strategies, the performances of which are ranked and published on the site. 

ayondo, a social trading technology developer for the financial services industry, has unveiled a new mobile app, called ayondo Academy The new offering was launched to help target market participants and investors looking to engage in a simulated trading environment, according to an ayondo statement.

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ayondo Academywas engineered by the company’s Mobile Lab in Singapore – the new portal helps users garner exposure and trading of virtual stocks through the use of comprehensive trading competitions and educational modules. This includes the use of news, tops, and real time data feeds.

Level Playing Field

The app itself relies on data from a composite of 35 sovereign stock exchanges, over 45,000 global securities, 14 currency pairs, 10 indices, and 2,000 contracts for difference (CFDs). ayondo Academy also places users on a level playing field, with each starting with a fixed amount of virtual capital, i.e. $100,000 – from there individuals are able to construct their own virtual portfolios, helping them diversify and formulate trading strategies.

As a further corollary, ayondo Academyalso publishes leaderboards that identify the most successful traders, as indicated by their respective returns. This in turn Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term to rankings by territory, monthly or quarterly returns, as well as overall returns.

Moreover, ayondo has also moved ahead with a virtual trading competition component in the app whereby users can compete with other traders to win prizes. In its initial phase, the app will be launching in Spain, with other countries already slated for future expansion in the near future.