AYREX REVIEW FOR BEGINNERS !!!
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The Ayrex trading platform provides a clear and simple area, with all the required data available for traders. The platform does not differ hugely from other brokers, but the layout is well thought out and traders will have few complaints about the usability. The left side of the platform contains the price chart for the asset selected. The time scale can be changed to suit, and there are also buttons that will ‘snap’ the trader back to particular points quickly, the current quote for example. It can be zoomed in and out to reflect larger or smaller time frames. Users can also toggle between display types (area or candlesticks charts for example). The right hand side of the trading platform contains all the trading buttons. Firstly the type of options is listed at the top of the screen. Ayrex provide ‘Short term’, ‘High/Low’ and ‘One touch’ binary options. Below the trade types are the asset lists. Grouped by category (stocks, spot FX, Equity indices and commodities). Traders can expand or close each category to see the list of assets within it. The lists are comprehensive, and during our review, almost all open markets were available, which suggests Ayrex have good trading volume across their platform. Once an assets is chosen, the price graph on the left will update with the new data. The trading ticket will also update. This is just to the left of the asset list. Here, the trader can amend the trade size, and the expiry time. The payout is clearly displayed just above the trading buttons, and the current strike price is shown above the trade size box, and also on the price chart. As a trader ‘hovers’ over the Call and Put buttons, the price graph will display the direction the price will need to move – just to guard against any errors. Once confirmed, the Call or Put trade will appear in the ‘Open Positions’ window, which sits below the trading buttons. Beneath the price graph, traders can see a history of trades which have reached expiry and closed. There are also ‘News’ and ‘Signals’ tabs in this area, keeping traders up to date on other trading opportunities. All in all the trading platform performs very well. It is not too busy, but still shows all the right data. Some additional flexibility in terms of the display might be a bonus, but in general the platform is very good.
Trader Choice
Ayrex offer three types of binary option:
1. Short term – Binary options with expiry times of 5 minutes or less (down to 30 seconds).
2. High/Low – The traditional binary option, with expiries every 15 minutes, up to an hour.
3. One Touch – Ayrex offer Touch and No Touch choices on both a high and lower price level. In times of low volume “No Touch” may become unavailable, and ‘One Touch’ is generally only available on major forex pairs. Ayrex option types. The asset lists at Ayrex are strong. All the major FX pairs are listed, along with a full range of stocks and indices. All the popular commodities are also listed, including Oil, Gold and even Natural Gas and Palladium. The minimum and maximum trade levels at Ayrex, and the focus on popular assets, gives the impression that they manage risk constantly and ensure they are competitive across the board. For a relatively new broker, it also suggests they will add further assets and option types as they see higher levels of traders and trading volume. So those looking for boundary or ladder options may not have to wait too long before they are added to the Ayrex platform.
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