When it comes to reviewing brokers, it doesn’t happen often that a company comes along that totally knocks my socks off, but this is an exception. Ayrex is a broker based in St. Kitts and Nevis, operated by a company called Advanced Binary Technologies Ltd. Sadly they are not yet regulated (they are working on, however), and do not accept USA traders. But pretty much everything about this broker is impressive, and you will notice the difference from the moment you navigate to their website.
This is the most streamlined, beautifully designed binary options site I have ever seen. This is not just another white-label site with a barely customized template. Everything has been designed from the ground up, from top to bottom. The site is intuitive, easy to navigate, and rich with information.
Amazing Deposit and Withdrawal Terms
The average minimum deposit to trade binary options online is around $100-$200. On Ayrex, it is just $25. Not only that, but $5 is the minimum trade size, and it is the minimum withdrawal threshold. Contrast this with the numerous binary websites that force you to withdraw $100 or more at a time! Ayrex is ideal for the beginning trader with a small account who wants to take the slow, cautious route learning how to trade. For the serious trader with a small bankroll, this is the only reliable and secure path to success.
Totally Free Demo Account
Ayrex also has another incredible feature, and that is a totally free no-deposit demo account! You do not even have to register to use it. Just click the blue “Demo” button in the upper right-hand corner of the website, and you will be taken straight there. The platform loads quickly, and it is absolutely beautiful. Ayrex designed it from scratch; this is their own proprietary technology.
You can test it out right there. Select the type of option you want to trade (Short Term, High/Low, or One Touch), and then pick your asset and enter in your amount. The platform will run the calculation for you and tell you exactly what you stand to win or lose on the fly. Change the amount and it will run a new calculation. Select your expiry, and launch your trade. Ayrex has recently introduced Early Close for High/Low and One Touch trades. I still do not see this function on the demo account, but this is likely because they are in the middle of implementing it.
Bonuses and Account Types
On Ayrex, you can open an Islamic account or a regular account. Bonus amounts are as follows:
- Deposit $100-$499, receive a 10% bonus.
- Deposit $500 to $999, receive a 10-20% bonus (your choice).
- Deposit $1,000, and receive a 10-30% bonus (again your choice).
Remember, you can deposit less and trade, but there is no bonus if you deposit under $100. If you visit the bonus page on the Ayrex website, you will see a detailed explanation of how the bonuses work and how they impact withdrawals, including some calculated examples which show you the math. Ayrex gets high marks for transparency.
These are no-frills packages, and none of them list any additional features. While additional features would be nice (one-on-one training, signals, etc.), I can see the appeal in their approach. While many brokers offer those extras because they are trying to create value for traders, I think many also use them to distract traders from the areas where they fail to offer value—areas like deposits and withdrawals, terms of service, and general trust. Ayrex has impressed me so much with these often-neglected areas that I am not so concerned about the lack of bells and whistles.
There is still no mobile trading on Ayrex, but they are working on adding this feature, so it should be available soon. Trading tools available include an economic calendar and market news. Educational features are currently pretty basic; there are some simple how-to articles, a glossary, a platform manual, and a FAQ. Normally I would complain a bit about the lack of resources, but this is really a very minor drawback in light of all the incredible features Ayrex does have.
Plus, there is really no beating a completely free and unlimited demo account when it comes to education! One of the biggest complaints I have with the binary options industry is that most brokers push traders to jump straight into live trading with real money before they even practice. Ayrex is one of the few brokers that not only makes a demo account available, but makes it fully functional for as long as you need it. This is an amazing resource.
What about customer service? Ayrex is available 24/5, and offers a web form, an email address, live chat, and a telephone number.
Ayrex is one of the binary options brokers offering Bitcoin for trading.
Conclusion: A Truly Unique Binary Options Broker
In a land of hundreds of SpotOption white label brokers which offer more or less the same mediocre features, platform, and experience, Ayrex really stands out as a unique and exceptional alternative. The effort they have gone to develop their own platform for fast, easy execution, and the incredible design work they have put into their website really sets them apart. The demo account is awesome, and you are not going to find friendlier deposit and withdrawal terms.
It is really too bad that USA traders cannot work with Ayrex, but for traders around the globe, they look like one of the most exciting options out there right now. While there is still not a lot of third party information available on them, it will be great to see how they evolve over the coming years. I think they have a bright future ahead of them, and were I to take a chance on a new binary options broker tomorrow, I would make my deposit here.Ayrex,