Ayrex Broker Review

Ayrex offers a welcome bonus to its newly registered clients as well as trading contests for existing clients to benefit from. Their trading software is cutting edge and is accessible for both new and experienced traders and their customer support serves are available to resolve any issues 24 hours a day, 5 days per week. The downside to choosing this broker is their narrow choice of available assets for trading.

 

Intro

Ayrex is a modern and forward thinking binary options broker that aims to offer its clients at all levels of experience an opportunity to profit from their trades. With excellent customer support and educational resources, Ayrex offers a cutting edge trading platform, excellent security and up to 85% profit on trades. With automatic withdrawals and Islamic accounts as just two more of their excellent features, Ayrex has a lot to offer its clients.

Company Information

Ayrex is a recently established binary options broker, only founded in 2014 with its headquarters in St Kitts and Nevis under the name Advanced Binary Technologies Ltd. They are not currently licensed or regulated by any recognised body or authority. Despite this, they still offer an extremely secure trading platform, with their entire website being protected by cutting edge SSL encryption software for added security.

Assets Available

Ayrex offers only a very limited range of assets for trading on its interface.

Their list of assets includes:

Currencies – 15 pairs

Commodities – precious metals, oils, natural gas

Indices

Bonuses & VIP Programs

Ayrex offers a welcome bonus to its newly registered clients. If a new client opens a live trading account and then deposits a minimum deposit of $100, they can receive a bonus of either 10%. 20% or 30% on their payment depending on the amount that they pay in. Unusually, this bonus amount is fully withdrawable, which is virtually unheard of among online binary options brokers. As there is no lock-in on the deposit amount, the client can have their deposit returned at any time they choose. There are also trading contests available for existing clients with cash prizes up for grabs.

Mobile

As expected from most of today’s binary options brokers, Ayrex has recognised the need for clients to check their assets and to carry out their trades while they are on the go. They are aware that traders do not want to be tied to their laptop or PC and, with the knowledge that downloading and installing memory intensive software slows down transactions by causing problems with computer memory, Ayrex have therefore developed a web trading interface which is entirely internet based. This enables trade executions to be carried out more swiftly from anywhere worldwide and at any hour of the night or day using a tablet, iPad or Android smartphone as long as it has a functional internet connection. As well as having a mobile-optimised website, Ayrex also has a free mobile application which makes it even easier to trade from a mobile device. It is easy to download this mobile app from the Google Play Store, Apple Store or even from the broker’s website.

Deposits and Withdrawals

Ayrex offers a reasonable range of payment methods.

• Credit Card and Debit cards – Visa, MasterCard, Maestro
• Neteller
• Skrill
• Fasapay
• Mandiri/BCA
• UnionPay

The minimum deposit amount with this broker is very low at just $5 and no commissions are charged. The minimum withdrawal amount is also just $5 and one free withdrawal per month is permitted, with fees being charged on any subsequent withdrawal. Processing of withdrawals can take up to 3 working days and the minimum amount which can be invested in an option is $5 with the maximum amount being $3000.

Customer Support

There are several methods through which clients can contact the Ayrex customer support centre. These include:

• Email
• Telephone helpline
• Web form
• Live Chat
• FAQs page for fast responses to the most common questions

The customer support team are available 5 days per week, 24 hours a day for the clients’ benefit. Their financial team are also available to address any queries between 9 am and 5 pm EET.

Extra Features and Resources

Ayrex does not offer a lot in terms of educational resources. It has a number of useful articles about how to use the trading interface and how to place trades, however there are no webinars, seminars or videos on demand that are offered by many other brokers. There is a useful glossary to help teach new traders the basic terms that are used in binary options as well as a frequently asked questions section that addresses some of the issues. There is also up to date market news and a current economic calendar which helps traders to inform their trades.

Verdict

Overall, Ayrex has quite a lot to offer its potential clients, however it is also important to bear in mind that there are several negative points too.

Pros

• Cutting edge trading software that is suitable for use by both experienced and novice traders
• 100% online web trading interface requiring no installations or downloads
• Mobile trading apps for iPhone and Android
• Choice of customer service contact methods including instant live chat
• 24/5 customer service access
• Dedicated financial services helpline
• Strong SSL encryption sitewide
• Choice of base account currencies
• Multilingual website
• Free market analysis and up to date news
• Free demo accounts
• Welcome bonuses for newly registered clients
• Trading contests available for existing clients

Cons

• This broker is not licensed or regulated
• Limited choice of assets for trading
• No weekend customer service options

FAQ

Which languages are supported by Ayrex?

Ayrex’s multilingual website is available in 9 different languages including

• English
• Chinese
• German
• Thai
• Indonesian
• Italian

Is there a registration fee payable to Ayrex?

Clients do not need to pay any registration fee when they open a live trading account with this broker.

Can I open a demo account?

Ayrex gives its potential clients the option to open a free of charge demonstration account which is ideal for both brand new traders and those who are more experienced but who are looking for a no risks trading experience to practice and hone their skills in the financial market. New traders can learn the basics of trading in a risk-free environment whilst more experienced traders are able to try out new techniques and strategies without risking their own money. A demo account also enables potential traders to try out the features of the site and to see how much they like the trading interface before opening a live account and making a financial commitment.

Will I need to install any software to my computer?

There is no need to install any trading software to a PC as Ayrex’s trading interface is entirely web-based and therefore can be accessed from any internet-enabled device including smartphones and tablets as long as they have an active mobile internet or broadband wi-fi connection. This means that traders can execute trades or check their accounts from any place or at any time whether they are at home, at work or on the move.

Why choose Ayrex?

Although Ayrex is not an authorized or regulated broker, they are reliable and trustworthy with many satisfied clients and many excellent online reviews. Their website is very secure and is protected by SSL encryption software. They have great customer service teams on hand to respond to any issues 24 hours a day on weekdays and a good range of banking methods to suit the needs of most types of traders. Their demo account facility means that new and existing traders can test out the trading interface without risk, while their trading platform is excellent and cutting edge, and is available for mobile devices as well as PCs. Ayrex offers 85% returns on profitable trades which is very appealing and thanks to their deposit bonus, it is worth signing up for this broker’s services.

I need an Islamic account, can Ayrex accommodate me?

Ayrex offers an Islamic account that suits the needs of Muslim traders who need to comply with the requirements of Sharia Law. This account type ensures that investors can trade without any hidden surcharges or fees, any rollovers, or any interest rates and are suitable for use by both new and experienced traders alike. The custom-developed halal platform is able to help Muslims to get the most out of their trading experience with complete transparency and a user-friendly interface.