Ayrex Review 2024
What is Ayrex?
Ayrex is an international broker for Binary Options. It was established in 2014 and is based in Saint Kitts and Nevis. The broker is run by Advanced Binary Technologies Ltd. They accept traders from everywhere except the United States, Iran, and some other countries. Ayrex offers trading in more than 60 different assets, including forex, commodities, and cryptos. The expiry time for options starts at 30 seconds and goes up to an hour. The returns/yields are between 70 – 95%. The most traded assets give you the highest return. One of the significant advantages of Ayrex is its fast trade execution. Trades can be opened in 0.028 seconds, which is one of the fastest executions worldwide. However, it’s important to note that Ayrex is not regulated by any known financial watchdog. This lack of regulation may make this broker less trustworthy. As of November 2023, Ayrex is offline and has reportedly scammed its clients. Please note that trading in Binary Options is risky, and your capital can be at risk. Always do thorough research and consider seeking advice from financial professionals before investing.
What is the Review Rating of Ayrex?
- Trustpilot: Trustpilot rated Ayrex with a score of 52. This rating was last checked at 2024-01-05 21:12:03.
- Wikifx: Wikifx rated Ayrex with a score of 15. This rating was last checked at 2024-03-11 19:09:02.
What are the Pros of Ayrex?
Ayrex is a binary options broker that offers several advantages. Availability of “Islamic” type of swap accounts: Ayrex offers swap-free Forex Islamic accounts, which are compliant with the Sharia law. This makes it an attractive option for Muslim traders. No commissions for withdrawing funds: Ayrex does not charge any commission for withdrawing funds, which can be a significant advantage for traders. Competitive max payouts: Ayrex offers competitive max payouts of up to 91%, which is among the highest in the industry. Low minimums: Traders can open an account with Ayrex with as little as $5, making it accessible to a wide range of investors. Dedication to education and risk management: Ayrex is dedicated to providing educational resources and tools for risk management, which can help traders make informed decisions. User-friendly design and customer support: Ayrex’s platform is user-friendly, and the company offers robust customer support. However, it’s important to note that Ayrex hosts only a small number of trading instruments. The broker’s proprietary trading platform has limited functionality. , and the withdrawal of funds takes from 3 to 10 days. The percentage of paid profit is much lower than that of competing brokers. There is no professional regulator and license. Please note that this information is based on reviews and may not be entirely accurate or current. Always do your own research before choosing a broker.
What are the Cons of Ayrex?
Ayrex is a binary option broker that was established in 2014 and is operated by Advanced Binary Technologies Ltd. It is not licensed and registered in the territory of an offshore state, so to my mind, the credibility level is quite low. Here are some of the cons of Ayrex in the context of forex:. 1. Limited trading instruments: Ayrex hosts only a small number of trading instruments. There are only major currency pairs, several contracts for indices and raw materials, and only one contract for cryptocurrency. This limited selection of trading instruments may not be suitable for traders who want to diversify their portfolio. 2. Proprietary trading platform: Ayrex’s proprietary trading platform has limited functionality. There are only a few of the “classic” indicators, which may not be sufficient for traders who rely on technical analysis. The site also lacks a lot of information, which may not be ideal for traders who want to make informed decisions. 3. No professional regulator and license: Ayrex is not regulated by any professional regulator and does not have a license. This may not be ideal for traders who want to work with a broker that is regulated by a professional body. 4. Withdrawal of funds takes time: Withdrawal of funds from Ayrex takes from 3 to 10 days, which may not be ideal for traders who want to access their funds quickly. 5. Percentage of paid profit is lower than that of competing brokers: The percentage of paid profit from Ayrex is much lower than that of competing brokers. This may not be ideal for traders who want to maximize their profits. Please note that this is not an exhaustive list of the cons of Ayrex. Traders should conduct their own research and due diligence before choosing a broker. : Traders Union.
Is Ayrex Regulated and who are the Regulators?
Ayrex is an international broker for Binary Options. The company, based in Saint Kitts and Nevis, was established in 2014. It is operated by a company called Advanced Binary Technologies Ltd. They accept traders from everywhere except the United States, Iran, and some other countries. However, it’s important to note that Ayrex is not currently regulated. This lack of regulation has attracted negative attention due to scams. In fact, Ayrex has been reported to be offline and has allegedly scammed its clients. Despite offering a platform for trading more than 60 different assets, including forex, commodities, and cryptos. , the absence of regulation raises serious concerns about the safety and security of investments made through this platform. The returns/yields are between 70 – 95%. , but without regulatory oversight, these returns are not guaranteed and investors’ capital can be at risk. In conclusion, while Ayrex may offer a range of assets for trading and claims to provide fast trade executions. , the lack of regulation makes it a risky choice for investors. It’s always recommended to choose a regulated broker to ensure the safety of your investment.