Ayrex is another of binary brokers who offer trading services to traders worldwide, including South Africa. We decided to review them and accordingly, list them on our broker list as a trustworthy binary trading platform.
This broker is established in 2014 and owned by Advanced Binary Technologies Ltd.
In our Ayrex review, we will provide you with more detailed information regarding platform and available features which can be used for South Africans to reach excellent trading results and high payouts.
Ayrex Trading Platform
During our Ayrex review, we found out that Ayrex minimum deposit amount is just $5, which is very attractive amount to start trading. It is possible to trade with USD and EUR.
Highest return is 85%, while this broker also offers bonus up to $10 000. Minimum investment is set to $5 and maximum $5000.
Ayrex is one of few brokers who use proprietary platform. It is actually pretty simple to navigate over the site while searching for valuable information, such as how to do Ayrex minimum deposit and available features on the platform. This shows how Ayrex broker uses user-friendly interface.
In the middle of Ayrex platform, there is big demo field which shows how this broker offers demo account for their South African traders. Below, traders can get info regarding available trading features including Islamic account for Muslim traders.
Trading on Islamic account with Ayrex is trading free of interest rates or hidden fees. Entire trading is in accordance with Shariah laws.
Ayrex Trading Features and Services
Our Ayrex review shows how available trade options are popular 60 Seconds, High/Low, One Touch and Touch Options. Traders can also place trades in following expiry times, such as 60 s, 5 min, 15 min, 30 min, 1 hr and end of day.
Under Trading Hours, South African traders can find a full list of available underlying assets, including 15 currency pairs, 44 stocks, 7 commodities and 9 indices.
As previously mentioned, Ayrex offers demo account for all traders interested in binary options trading.
Ayrex review revealed us they offer demo with $1000 cash. This is virtual money, of course. In demo, traders are able to test the platform and get a “feeling” of what works and what options can one use while trading.
Ayrex demo is a great way for new traders to practice trading without possibility to lose any funds, since trading in demo account is risk free. Also, we discovered that South African traders can experience demo without signing up, which is excellent feature to have.
This broker has prepared bonuses for registered traders. Their amount depends of the deposit made within specific trading account. It would be the best to discussed this with account manager. Once traders sign up, they can get 30% bonus. It is possible to receive $200, however traders should in this case make a bonus turnover 30x.
This broker has also implemented mobile app for South African traders to use it. So far, Ayrex mobile app is available on for Android devices and app can be downloaded from Google Play. With mobile trading, traders can access platform from laptops and smartphones, where trading binary options becomes possible from anywhere.
Ayrex Customer Support
Our Ayrex review revealed us they offer customer support service 24/5.
Traders from South Africa are able to contact this broker via email [email protected], live chat, web form and phone. Phone numbers are available for customer support and financial department.
Another thing we noticed while reviewing Ayrex is that platform is available only on English. Since this brokerage company is present on several different markets, we find that multilingual platform could be very useful.
Ayrex review showed us they offer very good Education with plenty of useful materials that cover main points of binary options trading:
- What are binary options?
- How to trade?
- Before you start trading?
- PDF manual of trading platform
Ayrex Banking Info
To make any payments with Ayrex, traders have to verify identity by providing several documents (copy of ID card and proof of address). Same is applied for deposit and withdrawal process.
South African traders can deposit in following payment options:
- Debit and credit cards – Mastercard and Visa
- Bank wire
- Alternative methods – Neteller and FasaPay
As for withdrawals, traders should keep in mind how they can withdraw funds with the same payment method as used while depositing. Minimum Ayrex withdrawal is just $5 and South African traders will get one free withdrawal per month.