Independent rating of Forex broker Ayrex

About company

Ayrex was founded in 2014. It is an online binary options broker. The company is managed by Advanced Binary Technologies Ltd., registered in Saint Kitts and Nevis. Ayrex cooperates with traders from all over the world. However, it does not provide services for clients from the USA, Iraq, Iran, North Korea, Syria, as well as a number of other countries. The broker is not regulated by any financial authority.

Trading conditions

To start trading, a client must have at least $25 in a trading account. In this case, the broker does not charge a commission for depositing funds. Ayrex has one standard account. The broker also offers its clients to test a demo account as well as weekend trading - the days when markets are closed.

The broker provides stocks, commodities, and Forex trading.

Ayrex offers three types of binary options:

1. High-Low Options. This is a classic type of binary options and the most popular one. Such options are profitable when the price rises or falls. Profits depend on the accuracy of your prediction. In fact, the broker allows a client to exit a particular deal before it expires. The current return is automatically added to an account balance.
2. Short-term Options are short-term binary options based on highs and lows with the expiration time from 30 seconds to 5 minutes. Clients can get the biggest profits at high rates during periods of strong market fluctuations.
3. One Touch Options. This is a type of binary options where a trader sets a price target for a certain asset. If the targeted price is reached, the payout is deposited to the trader’s account.

The broker offers clients its own trading platform - Ayrex Trading Software. This is a user-friendly platform similar to those of other brokers. The platform features price charts and trade buttons.

Ayrex clients can also use an Islamic account where trading is carried out free of interest rates and hidden commissions. Any Muslim investor can open an Islamic account and perform the same functions of other accounts.

Traders can deposit funds through Neteller, Skrill, FasaPay, UnionPay, as well as Visa and MasterCard credit cards. Deposits are also possible through local banks in Indonesia. The local currency will be automatically converted to US dollars.

Withdrawals are made by means of Neteller, Skrill, FasaPay, and UnionPay. Notably, the minimum withdrawal should be at least $5. The broker allows one free withdrawal of funds per calendar month. A commission is charged for each subsequent withdrawal.

Support service

The company’s support service works from Monday till Friday, 07.00 a.m. - 11.00 p.m. Clients can contact the company via email, Live Chat, or phone. In fact, Ayrex has its own Twitter and Facebook accounts where clients can also stay in touch with the broker’s representatives.

Traders’ reviews

Traders leave many positive comments about the broker on the Web. Clients praise the company for the high quality of the trading platform and the opportunity to receive real income. Many people enjoy the possibility of free withdrawals. At the same time, there are also negative reviews. The fact that the broker is unregulated casts suspicion among traders.

Advantages:

• low minimum deposit
• user-friendly trading platform
• popular types of binary options

Disadvantages:

• unregulated broker
• no information on commissions
• deposits only by means of Indonesian banks