Ayrex

At Ayrex, several different commodities – such as gold, palladium, oil and natural gas – are available as underlying assets for binary options. You can also utilize stocks, equity indices and currency pairs as underlyings.

Why are so many commodity binary options traders using Ayrex? Here are a few reasons:

• No need to register to use the demo account.
• Signal Service available for free
• You can withdraw as little as 5 GBP from your account.
• No withdrawal fee is charged for your first withdrawal each calender month.

The trading platform

The Ayrex trading platform is clean and simple to use.

• The option types are listed at the top of the screen.
• At your right hand side, you will see the trading buttons.
• At your left hand side, you will see a price chart for the selected asset. It can be zoomed in and out to reflect smaller and larger time frames, which makes it easier to spot short-term and long-term trends.
• The asset lists are located below the trade types, and grouped by category. This does for instance mean that all the underlying commodities are grouped together, making it easy for the commodity binary options trader.

When you have selected an asset, the price graph on the left and the trading ticket left of the asset list will update automatically to reflect this choice. Now, you can adjust factors such as expiry time and trade size. To see how this reflects payout, look above the trading buttons.

Examples of binary options available at Ayrex

• High/LowWill the asset price be above a certain predetermined point when the binary option expires?
• One Touch / No TouchWill the asset price reach a certain predetermined point at any time during the lifetime of the binary option? (Regrettably, this type of binary option is rarely offered for commodities at Ayerex.)

Mobile app

Ayrex have one mobile app for Android (from version 4.1 and up) and another one for iOS (from version 9.0 and up). Using any of the apps gives you access to the same options and features as when accessing Ayrex in your web browser.

Banking

Examples of accepted banking methods are VISA, FastPay, Neteller, Skrill and Union.

Minimum withdrawal is 5 GBP.

No withdrawal fee is charged for your first withdrawal each calender month. For each subsequent withdrawal that month, you pay a withdrawal fee based on the processing fees charged by that withdrawal method. This means that some methods are cheaper than others when it comes to withdrawals from your Ayrex account. If you think that you will need to make more than one withdrawal per month, keep this in mind when you select deposit method because will use the same method for your withdrawal.

Withdrawal requests will typically be processed within 3 to 4 days.

Other features

• Regular trader contests with prize money for the winners.

About Ayrex

Ayrex started out in 2014 and is therefore a relatively new binary options broker online compared to many of its competitors. The site is operated by a company named Advanced Binary Technologies Ltd, based in St Kitts.