Brokers

Ayrex Review 2017

ayrex
Headquarters:
Saint Kitts and Nevis
4.5
Based on 46 User Reviews

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Ayrex video Review

Ayrex is an innovative binary options broker that is based currently in Charlestown, Nevis on the islands of St. Kitts and Nevis. Established in 2014 and owned by Advanced Binary Technologies Ltd,. While Ayrex was a relatively unknown binary options broker when it first started its operations, it has begun to earn a reputation as a very professional and transparent broker within the online trading community. This is hardly surprising as Ayrex has always had transparency as one of its key business objectives. The broker is also known to be a client orientated broker that is responsive to the needs of its clients.

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Trading Platform

In order to give their traders a fulfilling trading experience, Ayrex has developed their own proprietary trading platform that eliminates any delays in the execution of trading transactions. Designed with an ultra slick user interface, traders can execute any trading decisions with just a single click of the mouse hence making the platform ideal for fast paced trading such as 30 seconds or 60 seconds options. The simplicity of the trading platform also makes it easy for traders to navigate around the trading screen. There is also a manual which traders can download to help them familiarize with various functionalities of the trading platform. In case practice is first required, traders can also make use of the free demo platform provided by Ayrex.

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Unique Features

Despite its simplicity, Ayrex’s trading platform also comes with the handy early closure feature. This feature lets trader close their trade before its designated expiry time.

Trade Types

With the Ayrex’s trading platform, traders can trade up to 3 different types of binary options. They include the:

  • Classic High/Low Options
  • One Touch Options
  • Short Term Options

The short term options enable traders to trade with expiry times as short as 30 seconds and as long as 5 minutes.

Trading Accounts

Trading account choices are limited to a standard type trading or an Islamic type account. The minimum initial deposit requirement is just $5. For deposits ranging from $100 to $499, traders will receive a deposit bonus of 10%. For deposit of $500 to $999, the bonus ranges from 10% to 20%. And for deposit of $1000 and above, the bonus can go up to as high as 30%. Traders however will not receive any bonus if their deposit is less than $100.

Payout Ratios

The payouts offered by Ayrex are in line with the industry standard and go as high as 89%. However, the average returns are more likely to be in the range of 80% to 83%. No rebates are offered for trades which close out of the money.

Asset Index

As for the underlying assets which are available for trading, Ayrex has a relatively modest number of assets totaling around 50 plus types of assets. The asset classes covered consist of forex, stocks, indices and commodities.

Customer Support

For customer support, the services at Ayrex are available 24 hours a day 5 days from Monday to Friday. Traders can get in touch with the support team through email, live chat or the telephone.

Pros

  • 30% maximum bonus level
  • Customer Oriented Broker
  • High returns of up to 89%
  • $30 No Deposit Bonus Available
  • Trading Signals provided
  • User Friendly Trading Platform

Cons

  • Bonus profit limited to $200 (applies only to the NO deposit bonus)
  • No Localized Support
  • Only 3 Option Types Available
  • Unregulated

Conclusion

In an industry where hundreds of trading platforms are virtually identical, Ayrex’s new intuitive trading platform makes for a welcoming refreshing change for traders. Their trading platform is well designed and simply puts them one notch above the rest of the brokers in the industry. On top of that, their free no obligation trial makes this broker a pleasure to deal with.

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