Ayrex – Review and Comments
General Overview for Ayrex
Ayrex is a relatively “new kid on the block” in the arena of Digital Options brokers. This is not necessarily bad, as new brokers learn from the errors of others and there is a chance to also access newly developed trading platforms. Every new broker has to show an advantage, a new feature or something that gives him an edge. This is not different with Ayrex and we will in a moment review all the new features of this broker. The firm was established in 2014 and the base of operations is in St. Kitts and Nevis, no doubt because of trading regulations. The address is: Office 590, Suites 5 Horsfords Business Centre, Long Point Road, Charlestown. Customer Service seems to be good and working well. New brokers always need to establish a base of trust and to deliver on their promises. There are no negative comments or reviews about Ayrex. Customers can reach them by Email, Phone or with a Live Chat option on the website. The firm is handled and owned by Advanced Binary Technologies Ltd.
Trading Platform and Software Review of Ayrex
A newer broker is always exciting news for traders. Why? Because they all try to outperform and deliver more “bells and whistles” in terms of software and tools. This is no different with Ayrex. The company wants to be the “Best Digital Options Broker in the World” and in order to reach that point, there is a lot that needs to be done …. however, they are doing an excellent job to achieve this status. The trading platform is very fast. They claim to have one of the fastest executions in the world – “1/6 of the time of an eyeblink”. We can confirm that execution times are indeed definitely top notch and – perhaps more importantly – this is also true for trading the faster timeframes (30 seconds, 60 seconds).
The platform was developed by Ayrex and looks very organised and modern. One good feature is the possibility to close the trade before expiry time. This is called the “Close Now” feature. Traders have the possibility to re-assess the trade and close with a small loss or even with a small profit. Ayrex offers a demo account with $1,000 in virtual currency. This is also a fantastic feature, to train and to let traders learn about the new trading platform. In addition to this, Ayrex also offers new clients (clients who have not made a deposit) an amazing $30 No Deposit Bonus completely free. This is a fantastic opportunity which allows traders to not only try the real trading platform risk-free, but to profit up to $200 without actually making a real investment. Click on the banner below for more information.
The supported digital options are: touch, no touch, one touch and the classic high-low-option.
With regards to a mobile trading platform, Ayrex is available for trading on mobile devices both through browsers or through a developed Android app.
Payout Ratios and Trading Accounts for Ayrex
Every Digital Options Broker has different payout ratios. Ayrex starts with a maximum of 85% return on the investment. The average payout is between 75% to 80%. This will depend on the underlying financial instrument or asset class and also the volatility. Brokers will adjust the payouts and inform traders accordingly. The payout ratios here are quite normal.
Ayrex offers only one type of trading account, that is the same for all customers. This is called the Standard Trading account. The minimum deposit value is 5 Dollars/Euros/Pounds and this is one of the lowest deposit amounts that we have seen so far and makes digital options trading much more affordable for most people. Opening a Live trading account is extremely easy and doesn’t require a lot of paperwork.
Deposit and Withdrawal Information for Ayrex
Ayrex offers a good diversity to deposit funds. Customers can use bank wire, Visa, MasterCard, Fasapay, Skrill, Neteller and even MandarinBCA to deposit funds into the trading account. There are two kind of bonuses. A Welcome Bonus is offered up to 30% on every deposit of 100 Dollars/Euros/Pounds or more. The actual bonus amount available is calculated based on the deposited amount and can be chosen by the individual trader/client. The other bonus is the exceptional $30 No Deposit Bonus mentioned earlier.
There are some important Withdrawal rules for this broker. Customers are only allowed to withdraw once within a calendar month. This is if the customers wants a free withdrawal, otherwise there are processing fees and also some conditions, depending on the method used for withdrawal (credit card, bank wire, etc.). The minimum withdrawal is as low as 5 Dollars/Euros/Pounds. If a Bonus was accepted, then traders need to reach the necessary turnover in order to withdraw the funds earned with the use of the provided bonus, however it is important to note that the client has the right to cancel the bonus at any time – another great advantage of trading with Ayrex.
Special Features for Ayrex
One of the greatest features of trading with Ayrex is their unique Binary Blast Demo Competitions. This is a weekly contest which has 3 rounds each week (on Monday, Wednesday and Friday), each lasting 1 hour. The contest focuses on short-term digital options trading, and each trader starts with $1,000 in a demo account. The first place winner receives a prize of $100 (real money), with the top 8 finalists rewarded with cash prizes. These risk-free and exciting contests give traders a chance to test their strategies and experience the benefits of the Ayrex trading platform with an opportunity to win a cash prize. For more information please click on the banner below.
The easy way to open a Live trading account is no doubt among the best features of Ayrex. There is really no concerns about 5 Dollars/Euros/Pounds, to “get your feet wet” and practice with Digital Options. This is also the trade minimum and one of the lowest amounts we have seen among Digital Options Brokers. Most other brokers require deposits of at least 250 Dollars/Euros/Pounds in order to trade. Another great feature for Islamic account holders, are the possibility to arrange for an account that fulfills Islamic Sharia Law. This will give Ayrex access to more customers and therefore the possibility to grow fast.
Final Observations and Comments about Ayrex
The very fast and clean trading platform are definitely bonus points for this excellent broker Ayrex. Some traders will no doubt check-out the new software and enjoy the very short trading timeframes (from 30 seconds). Traders can choose from over 30 assets and financial instruments. There is not a whole lot more to say about this broker but so far it seems Ayrex is definitely living up to the promises. So far, we have been pleased with the overall look, the performance and the customer service. So, overall, for a safe, reliable and enjoyable trading experience we are happy to give Ayrex a big thumbs-up!