Brief informationAyrex
Ayrex is a broker that specializes in binary options trading. The company appeared on the market in 2014. The founder is Advanced Binary Technologies Ltd. The head office is in Saint Kitts and Nevis, an offshore state, lost in the Caribbean sea. Aurex does not provide services to traders who are residents of the United States, the Middle East and North Korea.
Trading accounts
Ayrex has one standard account, the minimum investment amount is 5 USD / Euro. The maximum amount for a deposit is 10,000 US dollars / euros. Ayrex also has the option of opening an Islamic account, where those, who follow Sharia, can trade excluding interest rates, hidden fees, increases or prolongation.
Ayrex has even developed a special halal platform specific to this account.
Of all trading instruments, Aurex offers both a wide range of currency pairs and 35 varieties of shares of large companies.
Features of brokerage activity
The broker calls itself one of the fastest trading platforms on the market: 99.95% of transactions are concluded in less than 28 ms. Another feature of Ayrex, that is not widely spread among other binary options brokers, is their refund policy. Any customer has the right to request a full or partial refund from Ayrex. Such a refund has to be checked by the accounting department, and this process may take up to 10 business days from the date of requisition. The policy applies only to the funds deposited by the client to the trading account.
Options Features
There are several types of options, each of which has its own characteristics and advantages, and they can be adapted to the needs and preferences of each trader.
- High-Low is a classic type of binary option; according to statistics, it is the most popular on the market. By choosing this option, the trader will make a profit if he/she makes a correct forecast regarding the price - whether the closing price will be higher or lower than the opening price. You can use the early close function for this option. Anyone, who wants to exit the current transaction before its expiration, just needs to use the "Close Now" button. The result will immediately be reflected in the balance of the trader.
- Short-term options are also popular. At Ayrex, they also work at maximums and minimums, but their transaction expiration periods are shorter. The advantage of this option is high profitability at high rates. During strong market fluctuations, short-term trading is particularly relevant. Trading intervals for this type of option are divided from 30 seconds to 3 minutes. To select the desired transaction expiration time, you need to click one of the tabs above the Call and Put buttons.
- Touch / No Touch is a special type of option in which the trader tries to foresee whether the price of the asset reaches the so-called “target price”, which is indicated before the option is launched. If the price touches the level, the trader makes a profit.
Replenishment and withdrawal of funds
The client has the right to withdraw funds from his/her account at any time by his/her own decision. For crediting of funds, as well as for their withdrawal, the same requisites should be used - this is a standard rule aimed at counteracting any attempts to launder money. If a credit / debit card was used for the deposit, before withdrawing, the broker may request a color photo of the card so that its number and other information, except for CVC, would be visible.
Conclusion
The platform seems to be quite successful with great and well-developed functionality, but the network is full of feedbacks where real traders and users share their negative impressions of trading on Ayrex.
