Ayrex is a binary options broker that has been in the market for over 10 years.
About company. Fund security
The broker was founded in 2014. It is operated by Advanced Binary Technologies Ltd, registered in Saint Kitts and Nevis. Ayrex accepts traders from all over the world, but does not serve traders in the United States, Iraq, Iran, North Korea, Syria and some other countries.
The broker is not licensed by regulatory authorities. We advise all traders to be careful when dealing with such companies.
The minimum deposit is 25 USD / EUR. The broker does not charge any commission for making a deposit.
Ayrex has one standard account.
Ayrex also has a demo account with the added benefit of trading on weekends when markets are closed.
Ayrex has a maximum option yield of 81%.
You can enter into transactions for stocks, commodities and currencies.
Types of options
AYREX offers classic High / Low options; short-term options, where the expiration time ranges from 30 seconds to 5 minutes; Touch / No Touch.
The High-Low option is a classic type of binary options and the most popular. With this option, the trader has the opportunity to make a profit when the market price rises or falls. Traders must make a correct prediction of whether the price will go above or below the opening price.
AYREX offers an early close feature for High / Low. Anyone who wishes to exit a particular trade before its expiration date only needs to click the Close Now button and the current result will be added to their account balance.
Short term options on Ayrex are based on highs and lows, but have a shorter expiration time. One of the advantages of this option is the high yield at high rates. This usually occurs during periods of strong market fluctuations.
Ayrex offers options for 30 seconds as well as 1, 2, 3 and 5 minutes. The desired expiration time is selected by clicking one of the tabs above the Call and Put buttons.
A Touch / No Touch option is a type of option in which a trader predicts whether or not the price of an asset will reach a certain boundary, which is set before making an investment. If the price touches this mark, then the trader makes a profit.
The broker provides its own platform Ayrex Trading Software for trading banar options. The terminal is not too different from the platform of other brokers, but, nevertheless, it is understandable to work with.
On the left side of the trading area, the price chart for the currently selected asset is displayed. The time frame can be changed, and there are buttons that take the trader back to specific points on the timeline, such as an updated quote. Users can zoom in and out to display larger or smaller time frames.
The right side of the platform contains trade buttons.
Perhaps, if the platform had the ability to simultaneously trade several assets on one screen, the terminal would be more popular with traders.
Ayrex also offers an Islamic account where Islamic traders can trade without interest rates, hidden fees, premiums or rollovers. Ayrex even developed a dedicated "halal" platform specific to this account.
Any Muslim investor, whether experienced or just starting out, can open an Islamic account and benefit from the same features as traders with other accounts.
Bonuses and promotions
Ayrex offers a deposit bonus of up to 30%, which the broker allows to withdraw completely. A deposit bonus can be applied to a deposit equal to 100 EUR / USD or more.
The support team is open 5 trading days a week from Monday to Friday from 7 am to 11 pm. Ayrex claims to answer traders' questions within minutes via email or chat. But customers can also use the phone number to contact support.
Alternatively, traders can follow Ayrex on Twitter and Facebook. Ayrex has just added the ability for Google Plus users to receive all important updates and the most important financial news in the form of an information stream.
Ways of payment
Available deposit methods: Neteller, Skrill, FasaPay, UnionPay, Visa and MasterCard credit cards. It is also possible to make a deposit through local banks in Indonesia, the money deposited in local currency will be automatically converted to US dollars.
You can only withdraw profits through Neteller, Skrill, FasaPay and UnionPay. The minimum withdrawal amount is 5 USD / EUR. A trader can make one free withdrawal during a calendar month, for each subsequent one a commission will be charged.
Criticism of traders
The broker is not very popular among Russian traders because there is no Russian-speaking support. But, having looked at the reviews of traders from other countries, you can highlight a number of positive aspects, primarily related to the stability and high quality of the terminal's operation - the opportunity to receive real income, free withdrawal of funds once a month and constant communication with managers.
low minimum deposit; convenient trading platform; popular types of binary options are offered.
unregulated broker; the broker does not say anything about the fees charged; bank transfers on deposit are only available through Indonesian banks.
AYREX is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.
In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.
The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.
The broker AYREX makes profit from traders' transactions, as a rule, in two main ways.
The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.
The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.
Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.
We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.
The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.
Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.
In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.
One of the key points is the place of registration and regulation of the company's activities.
Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.
However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.
If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.
But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.
And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization, considering disputes between its members - brokers and their clients.
If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.
When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.
It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.
Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.
Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.
Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.
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Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. AYREX received a score of 1 of 5 on our resource.