Website URL: https://www.ayrex.com/#/
Languages: English, German, Italian, Chinese, Hindi, Bengali, Indonesian, Thai, Malai
Deposit Methods: credit and debit cards, bank wire transfer, e-wallets
Minimum Deposit: $5
Free Demo Account: no
Types of Assets: binary options
Ayrex is an unregulated company based in St. Kitts and Nevis. However, the company is trying hard to change this and acquire a proper licencing from the Cyprus Securities and Exchange Commission (CySEC). The company was created back in 2014, and it is one of the few to offer trading services for binary options.
Trading with binary options is not for everyone. It implies only two possible outcomes – either a high profit or a great loss. However, this trading activity seems to be very appealing, so much so that it has brought over 90.000 clients to Ayrex. So basically, here you are trading based on your prediction if the financial asset in question is worthy or not. When you put it like that, there is not a lot of differences about it, aside from the unique features we will list in this Ayrex review.
Ayrex takes pride in having one of the most efficient and prompt platforms out there. Namely, it is designed quite nicely and loads right away, so there is no fear of delays. The selection of tradeable assets is quite modest with around 70 options in total. The trading signals are claimed to provide a 60% accuracy, which we are not sure how to feel about. Especially considering that there is nothing that you can guarantee in trading.
There are 3 types of trades that you can create through the platform. The first one is the High/low trade, which implies that you will need to decide whether the asset will go lower or higher than the current price. Then, you can open a Short-term trade. These types of trades are quite fast-paced and exciting, and they can range from 30 seconds to 5 minutes. Lastly, there is the option of Touch/no-touch trades. As the name would suggest, here you are speculating whether the price of the asset will touch a certain limit before the time is up.
When it comes to the account types, the great thing we wish to emphasize is that Ayrex does not require from you to fulfil some impossible demands in order to become a bronze, gold or VIP client. Rather, they aim towards inclusivity, which is why there are no different account packages which you can find at the platform. Rather, you can just deposit as little as $5 and you will be good to go!
In addition, you can also choose to trade with an Islamic account. This type of account is designed specifically for people whose religion forbids them from keeping positions opened overnight and gaining profits from them. This is just another example of inclusivity which you can enjoy at the Ayrex platform.
The educational section at Ayrex is not particularly eye-popping. Rather, you can find helpful tips, signals and articles on every page. There is also the section that contains the Economic calendar, which shows you what are the important upcoming events in the world of finance. Also, there is a helpful Glossary page, where you can get to know all the latest terms that are used every day in trading.
Of course, let’s not forget the binary options trading explanation. For anyone who is just engaging with this type of trading for the first time, this section will be particularly handy and useful. You can find it marked as “What you need to know before getting started”.
Deposits and Withdrawals
As we mentioned already, the company allows you to trade by depositing as little as $5. This is quite reassuring if you ask us. Also, there is a helpful feature for withdrawals, too. The option of commission-free automatic withdrawal requests is guaranteed to make your life a lot easier at Ayrex.
Also, the variety of payment options includes both credit and debit cards, bank wire transfers and even popular e-wallets such as Skrill and Neteller. All in all, this section is quite satisfying and helpful, which is refreshing.