Our Review of Ayrex
Ayrex is a broker that aims to 'reinvent' binary options trading. It has over 90, 000 traders using it and it provides news and how to guides about trading as well as a platform for conducting binary options based trades.
Account Types + Opening
Ayrex offers a standard account and an Islamic account for any customers who need to trade according to Islamic rules. It is very quick and easy to open an account with Ayrex, a broker that has built its online reputation around providing streamlined, customer focused service. It is also possible to open a Demo account with Ayrex if you would like to try out this trading platform without committing yourself to an account yet.
Promotions, Sign Up + Deposit Bonuses
There are three main types of promotion or bonus that you can get with Ayrex. The first is a deposit bonus, which can be up to 30%. The second is a no deposit bonus. The third is a financial prize that you can win by participating in one of Ayrex's trading contests.
Commissions and Fees
When you place a deposit, Ayrex will cover the costs of your transaction fees - however it will not do so when you make a withdrawal. There are also varying commissions for your trades and these will depend on the type and size of the trade (there are around 200 types of asset for you to trade on at Ayrex).
Trading Platform Review & Mobile Apps
Ayrex does not yet have an app for mobiles. Its website is easy to use, and has a sparse feel to it on the home page, though once you click through to the tabs (for instance, 'Education') there is plenty of useful information up for grabs both about trading in general and about trading with Ayrex in particular.
Deposits & Withdrawal Methods + Ease
Withdrawals are very easy with Ayrex as usually around 90% of withdrawals per month with this site will be (according to their own figures) processed automatically. Another notable thing about this site is the very low minimum deposit amount that it allows you: just $5. This is a real selling point for many traders, as most binary options brokers call for a minimum deposit of at least $100 before you can start trading. Bank cards, wire transfers and payment methods such as PayPal are all accepted for both deposit and withdrawal at Ayrex.
Regulators & Safety: Are they a reliable, legitimate broker or a scam?
Ayrex is not licensed, however as the user figures for this site show tens of thousands of traders are at ease using this broker due to its robust reputation and long trading history.
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