Ayrex is an unregulated binary options broker founded in 2014 and managed by Advanced Binary Technologies Ltd. It offers over 90% payouts, a deposit bonus of up to 30%, and a no deposit trading contest with $3600 in rewards.
Ayrex Trading Platform
The Ayrex trading platform features real-time price charts and a trader interface. Users can buy Call and Put options with expiry rates between 30 seconds and 60 minutes. The minimum trade size is $5 and the maximum trade size is $3,000. Apart from High/Low options, Ayrex offers One Touch options as well. Ayrex doesn’t offer weekly and daily expiries.
The payouts at Ayrex vary from 80 to 90 percent. The payouts on major forex pairs are among the highest, whilst the lowest payouts on Ayrex are on crypto pairs.
Users can trade binary options on over 60 different assets including stocks, commodities, crypto, and forex pairs.
The trading platform’s charts are shown in candlesticks or areas in time frames of 5 seconds to 5 minutes. There are tools available to conduct technical analysis with like indicators.
Ayrex has an app available that has the same features as the desktop trading platform. Users can download and install the app on both Android and iOS devices via their respective app stores. The app allows users to use technical indicators and drawing tools.
Ayrex Demo Account
Users new to binary options trading can familiarize themselves with the trading platform by trying out the Ayrex demo account first. You don’t need to signup at Ayrex to use the demo. The demo has a $1,000 virtual balance which can be reloaded infinitely that mirrors the real markets.
Ayrex Deposits and Withdrawals
Users can fund their Ayrex trading account with a credit card, e-wallet, or crypto. All deposits will be available in your account within minutes. If you choose to use Neteller or Skrill you will be able to withdraw instantly as well. New users will receive a 30% bonus upon their first deposit. Note that you need to fulfill the bonus terms before being able to request a withdrawal.
Ayrex Customer Support
The Ayrex customer support is available 24/5 via live chat. To contact them, log in to your account and start a live chat with them. Note that they communicate in English only.
Ayrex Pros and Cons
- Mobile app available
- Automatic e-wallet withdrawals
- Wide range of tradable assets
- High payouts
- Low payouts on crypto
- Focuses on short-term options trading
Ayrex offers its traders bonuses and promotions. Every Monday, Wednesday, and Friday there is a no deposit contest where users can win $100. All traders start with a $1,000 demo account and the eight traders who make the most profit within an hour each wins $100. Apart from this promotion, Ayrex gives all new traders a 30% bonus upon their first deposit.
Ayrex accepts traders and investors from the United Arab Emirates. Note that Ayrex is an unregulated broker and that there are regulated alternatives like PocketOption, Binomo, and Binary.com.
Ayrex Review – Our Verdict
Despite being unregulated, Ayrex is one of the better binary options brokers available to traders from the United Arab Emirates. If you like to compete against other traders in trading contests and short-term binary options trading in general, we recommend signing up and trading with them.