Ayrex Broker Review
The company that manages the trading activities at Ayrex is called Advanced Binary Technologies Ltd. Based in the Federation of St. Kitts and Nevis, the company operates unregulated. It offers unique mobile solutions for price action traders and high return on investment, up to 90%.
- $3,600 no deposit contest
- Up to 90% payouts
- $25 min deposit
- Up to 30% deposit bonus
The company has developed its own trading platform designed especially for short-term trades, such as 60 seconds and 5 minutes. The execution of trades is superfast. With one click only, you can purchase Call and Put options up to $3,000.
The minimum investment per option is $5 and the maximum is $3,000, meaning if you open a position for $3,000, you have to wait until the original expiry time before you can purchase more binary options on the platform.
Traders can choose between traditional High/Low options and One Touch options. With High/Low, you set your expiry and choose a price direction, while with One Touch, you are offered a target price.
The short-term expiries start at 30 seconds and go up to 5 minutes. When you choose your expiry by the clock, the platform automatically shows you the time until the option is available. You can also purchase binary options with the exact 1-minute or 3-minute expiry from the current market price.
On the long-term, you can place trades on every 15 minutes up to 1 hour. Daily and weekly expiries are not available.
The best payout of 90% is offered on the major forex pairs with 15-minute expiry. If you trade forex pairs on the short-term, the average payout is about 80%. The stock binary options are also paid 80% on average, and the lowest payouts are offered on crypto pairs.
The assets list is quite long as you can choose between forex pairs, crypto pairs, indices, stocks and commodities. In total, there are over 60 tradable assets on the Ayrex platform, and the list keeps growing.
You can choose to trade on an area chart or candlesticks from 5-second up to 5-minute time frames. The price action is displayed on a big blue screen, and you can help yourself with Moving Averages, Bollinger Bands and Support/Resistance lines.
The Ayrex app is available on Google Play for all android devices. The app loads superfast, and it is packed with technical indicators and drawing tools. If you are more of a price action trader, you will love the app’s technical abilities. You can draw the appropriate support and resistance levels on the charts and trade the breakouts.
To trade demo at Ayrex, you don’t actually need to register on the platform. Instead, just click on “Try Demo” and it loads the demo mode. You have $1,000 demo account, which is actually unlimited as you can reload it at any time. However, not all assets are available in demo trading. To see the full pack of assets, you need a real account.
To open a live account at Ayrex, you need a minimum deposit of $25, and of course, you have to pass the verification process. It is really self-explanatory, and it shouldn’t take you more than 5 minutes to verify your account and complete a deposit.
Deposits & Withdrawals
To fund your account, you can use VISA or MasterCard, e-wallets, such as Skrill and Neteller, or a Bitcoin wallet. Whether you select a debit card or e-wallet, the deposit transactions are completed instantly, and you can enjoy trading.
If you use Skrill or Neteller e-wallet for your deposit, you are then eligible for automatic withdrawals, which means you don’t have to wait for manual approval from Ayrex support. If you are not eligible for automatic withdrawals, then your request should be completed in 24 hours.
All Ayrex clients are eligible for a 30% deposit bonus on their first deposit. You have to fulfil the bonus terms before you can request a withdrawal on your bonus cash.
No Deposit Contest
You can also enjoy Ayrex’s no deposit contest, which runs every Monday, Wednesday and Friday. The registration for this tournament is completely free. The contest has very simple rules: all traders start with $1,000 (demo balance) and can place only short-term trades for one hour. To earn one of the cash prizes, you have to finish in the top 8 on the leaderboard. The winner receives $100 cash, which can be withdrawn with no strings attached.
Should you have any questions, the customer support works 24/5 on Live chat. You can jump into chat quickly, and the support is very responsive. You will receive answers to your questions in less than one minute.
The company has a transparent policy towards all its clients. If you decide to open a real account, you will be informed of all the risks upfront. All terms and conditions at Ayrex are well-structured and presented clearly to the trader.
- Automatic withdrawals
- Superfast platform
- High payouts
- Over 60 assets
- Not regulated
- Daily expiry missing
- Low payouts on crypto pairs
At present, Ayrex does not accept clients from the following countries: USA, Canada and UK.