Ayrex is a crypto-based binary options brand that opened their platform in 2014. Their innovative approach includes a no-chain demo account. They promise that the platform won’t lag, freeze or crash . From a customer service perspective, they promise fast payouts, honest promotions, and no locking of merchants’ funds. The company is operated by Advanced Binary Technologies Ltd, based in St Kitts.
One of the main benefits of Ayrex is no deposit demo account. The platform can be used with demo funds, without the need to register or provide any contact details. Ayrex is confident in their platform and allows anyone to try it out, completely free of charge. Currently, the company is not regulated, but has applied to CySec. Despite the lack of regulation, the company prides itself on its reputation for customer service and so far has not had any complaints against us.
Ayrex currently does not accept traders from the UK.
Ayrex Key Info
- Ayrex Demo Account – Yes. Open a demo account without registration.
- Minimum deposit – £50
- Minimum trade – £5
- Signal Service – Yes, it’s free.
- Bonus Details – 30% Deposit Match. Terms apply, but the bonus can be canceled at any time.
- Mobile Application – Yes. Specific versions of ‘ Ayrex for Android ‘ and ‘ Ayrex for iOS ‘ are specific.
Exchange floor
The Ayrex trading platform provides a clear and simple area, with all the necessary data available to traders. The platform is not much different from other brokers, but the layout is well thought out and traders will have few complaints about usability.
The left side of the platform contains the price chart for the selected asset. The time scale can be changed accordingly and there are also buttons that will ‘catch’ the trader back to specific points quickly – the current quote for example. It can be zoomed in and out to reflect larger or smaller timeframes. Users can also switch between display types (e.g. area charts or candlesticks).
The right side of the exchange contains all the trading nodes. First, the option type is listed at the top of the screen. Ayrex offers ‘Short’, ‘High/Low’ and ‘One Touch’ binary options.
Under the transaction types is the property list. Grouped by category (stocks, spot FX, equity indices and commodities). Traders can expand or close each category to see a list of assets in it. The listings are comprehensive, and during our review almost all open markets were available, which shows that Ayrex has good trading volume on their platform.
When an asset is selected, the price chart on the left will update with new data. Trading tickets will also update. This is just to the left of the property listing. Here, the trader can modify the trade size and expiry time. The payout is clearly displayed just above the trade buttons and the current strike price is shown above the trade size box and also on the price chart. As the trader ‘moves’ through the Call and Put buttons, the price chart shows the direction in which the price will need to move – just to guard against any errors.
Once confirmed, a Call or Put trade will appear in the ‘Open Positions’ window, located below the trade buttons. Below the price chart, traders can see the history of expired and closed trades. There are also ‘News’ and ‘Signals’ tabs in this area, keeping traders up to date with other trading opportunities.
All in all very well performing trading platforms. It’s not too busy, but still shows all the data properly. Some extra flexibility in terms of display could be a bonus, but overall the platform is very good.
Trader Selection
Ayrex offers three types of binary options:
- Short – Binary options with expiry times of 5 minutes or less (down to 30 seconds).
- High/Low – Traditional binary options, expiring every 15 minutes, up to an hour.
- One Touch – Ayrex offers Touch and No Touch options at both high and lower price points. During low volume, No No Touch may not be available and ‘One Touch’ is usually only available on major forex pairs.
The property listing at Ayrex is strong. All major FX pairs are listed, along with a full range of stocks and indices. All popular commodities are also listed, including Oil, Gold and even natural gas and Palladium.
The minimum and maximum trading levels at Ayrex, and the focus on popular assets, give the impression that they manage risk continuously and ensure they are competitive on a large scale. For a relatively new broker, it also suggests they will add other asset classes and options as they see higher trading levels and trading volumes. So those looking for boundary or ladder options may not have to wait too long before they are added to the Ayrex platform.
Mobile Application
Ayrex released updated versions of both ‘ Ayrex for Android ‘ and ‘ Ayrex for iOS ‘ in Spring 2016. The mobile trading app reflects platform of the website, with a full range of options and markets available for online trading. Feedback for the app has been good and the app is maintained regularly. Android version requires 4.1 or higher version. The iOS version requires version 9.0 or later, but works with iPhone, iPad, and iPod touch.
Payout
Ayrex payouts are competitive, reaching 85% for the most traded assets. The payouts will vary based on the asset and expiration time, but Ayrex remains competitive across the board. One-touch payout is a special strength, get up to 80% on both Touch and No Touch trades.
Withdrawal and deposit methods
Withdrawals will take approximately 3 days to process. Brokers will always give themselves some time to comply with money laundering laws. An important point to remember is that Ayrex will refund the source that made the initial deposit. Traders should be aware of this when making initial payments.
As deposits are made through different methods, Ayrex will allocate any withdrawals among the deposit methods used. The minimum withdrawal is 5 GBP. Traders can make one free withdrawal within a month. Each subsequent withdrawal will pay a commission based on the processing fees associated with that payment.
Deposits can be made through Neteller, Skrill, Visa, FastPay and Union. During the deposit process, the trader can choose the amount of the bonus to receive – ranging from 10% to 30%. Deposits will have a number of terms attached, especially requiring a turnover before it is available for withdrawal. Traders should take a little time to work with their intended trading volume and frequency, which bonus will work best for them – without making any changes to their trading style. their. The bonus can be canceled at any time.
Complaint
This brand does not generate too many complaints. There were concerns about different payout rates on demo and real accounts, but the broker corrected the difference and the two platforms are now the same
Withdrawal delays sometimes cause disputes, but these can be avoided if traders make sure they provide verification details as soon as possible and don’t wait until it’s time to withdraw.
Introduction
The company offers one of the best demo account features of all – no registration. So traders can have a game on the platform without having to register any details. To get a demo account that saves any trading history, new customers will need to sign up – but anyone who simply looks at the exchange, can do so without any form of registration. which sign.
Other Features
- Contests – Ayrex holds regular traders contest, with bonuses available. There are 3 rounds a week, with 8 winners and $3600 in prize money.
- $30 Bonus – Ayrex offers a no deposit bonus as an alternative to deposit match, offering traders $30 to trade.
Ayrex no deposit bonus
- $30 No Deposit Bonus
- Trading via 30x bonus
- Withdraw up to $200
- Traders are still free to enter Ayrex contests
- Traders must register a deposit method (Pay $10) to then withdraw the bonus
While withdrawable profits are limited to $200, Ayrex actually gives new traders $30 to trade with. The offer is still available to those who have already opened an account – as long as they have not made a deposit, or received any other reward.During the promotion period, the trading area will have some slight differences to the accounts’ Normal’. The maximum trade is capped at $30 and the Deposit/Withdrawal buttons are not available.