Ayrex is a fairly new binary options company that first launched the platform in 2014. The main selling points are customer service and cutting edge technology. They pride themselves on one platform: No lags, freezes or glitches. In terms of customer service, they aim for fast payouts, clear promotions and merchant deposit redemption. The brand is operated by Advanced Binary Technologies Ltd, based in St Kitts.
One of the main attractions of Ayrex is the registered free demo account. The entire platform can be used in conjunction with demo funds (real prices, real assets) without having to register or provide contact details. Ayrex is confident about the platform and has opened it for free to traders. The company is currently unregulated, but has applied for CySec and wants to apply it before the end of 2016. Despite the lack of regulation, the company has earned a reputation for excellent customer service.
Key information about Ayrex
- Ayrex Demo Account -Yes . If not register a demo account to open .
- Minimum Deposit – $5
- Minimum Deal – $5
- Signaling Service -Yes.
- Bonus Info – 30% deposit match. Terms and conditions apply, but you can cancel your rewards at any time.
- Mobile Apps -yes. ‘Ayrex for Android’ and ‘Ayrex for iOS’ versions.
Ayrex Exchange
The Ayrex trading platform provides a traditional trading area and provides all the data a trader needs. The platform is not very different from other brokers, but the layout is clear and easy to use. Traders rarely complain about usability.
The left side of the trading area shows the price chart for the currently selected asset. You can modify the duration and there are buttons to bring the trader back to a specific point in the timeline (e.g. latest quote). Users can zoom in or out to reflect larger or smaller time ranges. You can also switch between screen types (Area or Candles).
To the right of the platform is a trading button. The option type is displayed at the top of the screen. Ayrex offers binary options types ‘short ‘, ‘ high/low ‘ and ‘ one touch ‘.
Below this category is a list of properties. Sort by category (stocks, spot FX, stock indices and commodities). Traders can open each category to see the full list of assets. Ayrex’s asset list is comprehensive, and more importantly, assets are readily available. This shows that Ayrex has good trading volume on the platform.
When you select an asset, the price chart on the left will show the new data. The trading button has also been updated. This is on the left side of the property list. Traders can modify the trade size and expiry time with the fields above the currency and pin buttons. Potential payouts will appear just above the ‘buy option’ button labeled ‘result’ and the current strike price will be displayed above the trade size box and again in the price chart . When the trader moves the cursor over the ‘call’ or ‘put’ button, the price chart shows the direction of movement in green. This reduces the risk of the trade going wrong.
When you click the ‘Purchase Options’ button, the trade will appear in the ‘Open Position’ window below the trade button. Below the price chart, traders can view the history of expired, paid and closed trades. Below are the ‘News’ and ‘Signals’ pages, allowing traders to stay up to date with other trading options.
It performs very well on all trading platforms. It’s not confusing but it still shows all the correct data. If you can make your platform more configurable, there is a chance that an improvement might be possible. You can trade multiple assets at the same time on the same screen.
Ayrex list of assets and transaction types
Ayrex offers three types of binary options.
- Short Term – Binary options, which typically have short expiry times of 5 minutes or less (30 seconds or less).
- High / Low – Standard binary standard. Ayrex expires up to 1 hour every 15 minutes.
- One Touch – Ayrex offers touch and non-touch options at the top and bottom price points. In some cases, you may not be able to use No No Touch, and One One Touch is usually only available in major forex pairs.
The Ayrex property list is very good. All major forex pairs and all stocks and indices are displayed. Products include oil, gold, natural gas and palladium.
Ayrex’s trade size limits ($5 to $1000) and the general ‘feel’ of the site suggest that Ayrex manages risk very closely. Relatively new brokers are likely to add more asset classes and options considering the higher level of traders and volume. So if traders want a vigilance or ladder option, they don’t have to wait too long before being added to the Ayrex platform.
Ayrex for Android and iOS
Ayrex released updated versions of ‘Ayrex for Android’ and ‘Ayrex for iOS’ in spring 2016. The mobile trading app mirrors the website platform and offers all options and markets. available for online trading.
Feedback about the app is good and the app is maintained on a regular basis. Android version requires 4.1 or higher. iOS version requires 9.0 or later but works on iOS range (iPhone, iPad and iPod touch).
Payouts
Ayrex payouts hit 85% of popular assets, which is pretty good. As always, the price depends on the asset and the expiry time, but Ayrex still competes with other companies on most assets. One-touch payment is a strength up to 80% in Touch and No Touch transactions.
Ilex withdraw
Withdrawals take three days to process. Brokers like Ayrex always need time to comply with money laundering laws. It should be noted that Ayrex must return to the source from which the initial deposit was made. Traders should be aware of this when making initial payments.
When depositing in more than one way, Ayrex will approve all withdrawals from the deposit method used. The minimum withdrawal amount is 5 dollars (equivalent to the minimum deposit). Merchants can withdraw money for free once a month. Withdrawals then pay a processing fee for that payment.
Deposits can be paid by Neteller, Skrill, Visa, FastPay and Union. Once the deposit has been deposited, the merchant can choose the bonus level to receive. The recommended range is from 10% to 30%. Deposits will be subject to terms and conditions including conversion requirements before withdrawals are allowed. Traders should consider their trading style and frequency, and then consider the bonus that works best for them without changing their trading style. The bonus can be canceled at any time.
Other Features
- Contest – Ayrex offers a merchant contest where the prize money is free and you can participate regularly for free. There are three rounds a week, eight winners and a $3,600 prize pool. Demo account users can enter the ‘Binary Blast’ contest for free.
- $30 Bonus – Ayrex can trade $30 for traders by offering a no deposit bonus as an alternative to matched deposits.</li >
Ayrex No Bonus
- $30 no deposit bonus
- Trading over 30 rewards
- Withdraw up to $200
- Traders can still participate in the Ayrex contest
- Merchant must register deposit method (pay $10) to withdraw bonus
Even though the upper limit of withdrawable profit is $200, Ayrex actually offers a new trader a $30 trade. Unless you deposit or receive another bonus, this offer will remain valid for anyone who has opened an account. To take advantage of the offer, traders must visit the specific No Deposit Bonus landing page.
The trading area is slightly different from the standard screen during the promotion period. The maximum transaction amount is $30 and the deposit/withdrawal button will be removed until the turnover threshold is reached.