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.
|Headquarters:||Saint Kitts and Nevis|
|Regulation:||None (pending with CySec)|
|Minimum Deposit:||$25 USD/EUR|
|Minimum Trade:||$5 USD/EUR|
|Deposits and Withdrawals:||Neteller, Skrill, Credit Card, Fasapay, UnionPay|
|Number of Assets:||60+|
|Asset Types:||Stocks, Commodities, Indices, Forex|
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||Unregulated|
|Automatic e-wallet withdrawals||Low payouts on crypto|
|Wide range of tradable assets||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.
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.