Ayrex – Key information for Ayrex

Ayrex is a cryptocurrency based binary options brand, opening their platform in 2014. Their innovative approach does not include a string demo account. They promise the platform ”  will not lag, freeze or crash “. From a customer service perspective, they promise fast payouts, honest promotions and don’t lock up merchant funds. The company is operated by Advanced Binary Technologies Ltd, based in St Kitts. One of the main benefits of Ayrex is the no-deposit demo account. The platform can be used with demo funds, without the need to register or supply any contact details. Ayrex is confident in their platform, and whoever tries it, it’s absolutely free. Currently, the firm is not regulated, but has applied to CySec. Despite the lack of regulation, the company has a solid reputation for customer service, and has not generated any complaints to us so far.

 

 

Ayrex is not currently accepting traders from Malaysia.

Key information for Ayrex

• Ayrex Demo Account – Yes. Open a demo account without registration.
• Minimum Deposit – £50
• Minimum trade – £5
• Signal service – Yes, free.
• Bonus Details – 30% Deposit Match . Terms apply, but bonuses can be canceled at any time.
• Mobile App – Yes.  Dedicated ‘  Ayrex for android  ‘ and ‘  Ayrex for iOS ‘ versions  .

Trading Platform

The Ayrex trading platform provides a clear and simple area, with all the necessary data for traders. The platform is no 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 a price chart for the selected asset. The time scale can be changed accordingly, and there is also a button that will ‘snap’ the trader back to a specific point quickly – the current quote for example. It can be zoomed in and out to reflect a larger or smaller time period. Users can also switch between display types (area charts or candlesticks for example). The right side of the trading platform contains all the trading buttons. First, the type of option is listed at the top of the screen. Ayrex provides binary options of ‘Short’, ‘High / Low’ and ‘One touch’. Below the trade type is a list of assets. Grouped by category (stocks, spot FX, Equity indices and commodities). Traders can expand or close each category to view the list of assets within it. The list is comprehensive, and at the time of our review, almost all open markets were available, which indicates Ayrex has good trading volume across their platform. Once an asset is selected, the price graph on the left will be updated with new data. Trading tickets will also be updated. This is just to the left of the asset list. Here, the trader can amend the trade size, and the expiry time. The payout is clearly displayed above the trade button, and the current strike price is shown above the trade size box, and also on the price chart. As the ‘trader’ shoots over the Call and Put button, the price graph will display the price direction to move – just to guard against any mistakes. Once confirmed, the Call or Put call will appear in the ‘Open Positions’ window, located below the trade button. Below the price graph, 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 on other trading opportunities. All in all trading platforms are very good. It’s not too busy, but still shows all the right data. Some extra flexibility in terms of display might be a bonus, but overall the platform is very good. the price graph will display the direction the price should move – just to guard against any mistakes. Once confirmed, the Call or Put call will appear in the ‘Open Positions’ window, located below the trade button. Below the price graph, 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 on other trading opportunities. All in all trading platforms are very good. It’s not too busy, but still shows all the right data. Some extra flexibility in terms of display might be a bonus, but overall the platform is very good. the price graph will display the direction the price should move – just to guard against any mistakes. Once confirmed, the Call or Put call will appear in the ‘Open Positions’ window, located below the trade button. Below the price graph, 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 on other trading opportunities. All in all trading platforms are very good. It’s not too busy, but still shows all the right data. Some extra flexibility in terms of display might be a bonus, but overall the platform is very good. the Call or Put call will appear in the ‘Open Positions’ window, located below the trade button. Below the price graph, 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 on other trading opportunities. All in all trading platforms are very good. It’s not too busy, but still shows all the right data. Some extra flexibility in terms of display might be a bonus, but overall the platform is very good. the Call or Put call will appear in the ‘Open Positions’ window, located below the trade button. Below the price graph, 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 on other trading opportunities. All in all trading platforms are very good. It’s not too busy, but still shows all the right data. Some extra flexibility in terms of display might be a bonus, but overall the platform is very good. All in all trading platforms are very good. It’s not too busy, but still shows all the right data. Some extra flexibility in terms of display might be a bonus, but overall the platform is very good. All in all trading platforms are very good. It’s not too busy, but still shows all the right data. Some extra flexibility in terms of display might be a bonus, but overall the platform is very good.

Trader’s Choice

Ayrex offers three types of binary options:

• Short term – Binary options with an expiration time of 5 minutes or less (down to 30 seconds).
• High / Low – Traditional binary options, with expirations every 15 minutes, up to one hour.
• One Touch – Ayrex offers Touch and No Touch options at high and low price levels. At times of low volume “No Touch” may become unavailable, and ‘One Touch’ is generally only available on major forex pairs.

The asset list at Ayrex is strong. All major FX pairs are listed, along with various 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 on an ongoing basis and ensure they are competitive across the board. For relatively new brokers, it also suggests that they will add more assets and types of options as they see higher levels of traders and trading volumes. So those looking for border or ladder options may not have to wait too long before they are added to the Ayrex platform.

Mobile Application

Ayrex released the latest versions of ‘ Ayrex for Android  ‘ and ‘  Ayrex for iOS  ‘ in the spring of 2016. The mobile trading app mirrors the website platform, with various options and markets available to trade online. The feedback for the app has been good and the app is always maintained. Android version requires version 4.1 and above. iOS version requires version 9.0 and above, but works with iPhone, iPad and iPod touch.

Payment

Ayrex payouts are competitive, reaching 85% for the most traded assets. Payouts will vary by asset, as well as expiration time, but Ayrex remains competitive with rivals across the board. The touch payout is a particular strength, up to 80% for both  Touch  and  No Touch  trades.

 

 

Withdrawal and Deposit Methods

Withdrawals will take approximately 3 days to process. Brokers will always give them time to comply with money laundering laws. One important thing to remember is that Ayrex will refund the money back to the source that made the original deposit. Merchants should be aware of this when making advance payments. Where deposits are made via different methods, Ayrex will apportion any withdrawals according to the deposit method used. The minimum withdrawal is 5 GBP. Merchants can make one free withdrawal per calendar month. Each subsequent withdrawal will pay a commission based on the processing fee associated with that payment. Deposits can be made via Neteller, Skrill, Visa, FastPay and Union. During the deposit process, traders can choose their bonus level to take – from 10% to 30%. Deposits will have certain conditions, especially acquisition requirements before they can be withdrawn. Traders should spend some time working out their intended trading volume and trading frequency, which bonus level will work best for them – without causing a change in their trading style. Bonuses can be canceled at any time.

Complaint

This brand does not generate too many complaints. There were concerns about the different payout rates on the demo account and the real account, but the broker fixed the difference and both platforms are now the same. Delayed withdrawals sometimes cause disputes, but this can be avoided if traders ensure they provide verification details as soon as possible, and don’t wait until the point where production is needed.

 

 

Demo

The firm offers one of the best demo account features of them all – no registration. So traders can play on the platform without having to register any details. To get a demo account that saves trading history, new customers need to register – but anyone who wants to see the trading platform, can do so without any form of registration.

Other features

• Contests – Ayrex runs regular trader contests, with prize money available. There are 3 rounds a week, with 8 winners and $3600 in prize money.
• $30 Bonus – Ayrex does not offer a deposit bonus as an alternative to a deposit match, offering traders $30 to trade.