Ayrex
About Company X
Company X is a well-established brokerage firm specializing in binary options trading. Founded in 2014 by Advanced Binary Technologies Ltd, Company X operates from its main office in St. Kitts and Nevis, a jurisdiction located in the Caribbean Sea. It is important to note that Company X does not cater to clients residing in the USA, Middle Eastern countries, and North Korea.
Account Options
At Company X, traders can open a standard trading account with a minimum investment of 5 US dollars / euros and a maximum of 10,000 US dollars / euros. Additionally, Company X offers an Islamic account designed for traders adhering to Sharia principles. This special account ensures trading without interest rates, hidden commissions, and rollovers, with a dedicated “halal” platform provided for such trading activities.
Traders at Company X have access to a diverse selection of currency pairs and 35 types of stocks from major companies to trade with.
Broker’s Highlights
Company X prides itself on being one of the fastest trading platforms available, with 99.95% of trades executed in less than 28 ms. A unique feature offered by Company X is its refund policy, allowing clients to request full or partial refunds. The verification process for refunds may take up to 10 business days and is applicable only to funds deposited by the client into their trading account.
Option Types
- High-Low – a classic binary option type where traders predict whether the closing price will be higher or lower than the opening price. This option includes an early closure feature for added flexibility.
- Short-term options – popular for their short execution period and high profitability potential at high stakes.
- Touch / No Touch – a unique option type where traders forecast whether the asset price will reach a predetermined level before a specified time.
Deposits and Withdrawals
Company X allows clients to withdraw funds from their accounts at any time. To maintain security and prevent money laundering, the same details are required for both deposits and withdrawals. For credit/debit card deposits, the broker may request a photo of the card for verification purposes.
Final Thoughts
Company X stands out as a reputable platform offering advanced trading features. While it has garnered success, it is essential to consider feedback from real traders, some of whom have shared negative experiences with their trading journey on Company X.
This review has been prepared by the specialists at ExpertsReview.