Couple of months ago we have reviewed binary options broker – Ayrex. You can read more about this broker in Ayrex broker review. In this article we will focus on Ayrex demo account. But first: brief introduction. Ayrex has been established in 2014 and has since proven to be one of best brokers on the market. Ayrex is not regulated broker so they solely rely on their positive reputation among traders to keep getting new clients. It appears they are doing a good job. Still, they are not regulated so keep that in mind. Ayrex is owned and operated by Advanced Binary Technologies Ltd. Advanced Binary Technologies is registered under number: C44622. Their address is Office 590, Suites 5 Horsfords Business Centre, Long Point Road, Charlestown, Nevis, St. Kitts and Nevis.
Ayrex Demo Account – Introduction
Great thing about Ayrex is that you can practice trading even before you create an account. Their web site enables you to try out demo even before registering. You just need to visit ayrex.com and click on “try demo”. You can see that on the picture below.
Ayrex Demo Account – Details
Since you don’t need to register it is hard to call it demo account, better would be just demo. Demo is really neat because it enables you to familiarize yourself with the platform. And it enables you to practice trading indefinitely. Demo is filled with $1.000 initially, but if you spend all the money all you need to do is to click on button “Add 1000” and you get new $1.000. When you feel ready you can open real account. It can be done from demo account easily; you just need to click on the green button in top right corner “Open real account”.
Demo is limited in assets you can trade; all assets are available only in real account. For example you can’t trade stocks or commodities but you can trade some currency pairs (not all) and bitcoin, which is quite interesting. You can check how demo looks like in the picturebelow this paragraph.
Ayrex Demo Account – Trading platform
Using demo is great way to familiarize yourself with brokers trading platform. Not only that you can gain experience in trading but you get accustomed to the way trading platforms works. This is almost as important as to learn trading. Ayrex trading platform supports different languages. Besides English there are also Italian, Chinese, Hindi, Bahasa Indonesian, German, Bahasa Melayu, Thai and Bengali. You can turn on history in the top left corner. This is quite neat feature you can use to track your past trade and make conclusions based on them. Besides green button “Open real account” in the top right corner you can also switch between different assets you can trade. In the right hand side bar you do the actual trading. You can set the amount you wish to invest on a single trade. You can also set the expiry time and of course you can choose call or put option.
When you first enter demo trading platform by default has area chart on, but you can easily change that to candles chart if you like. You can also turn on Bollinger bands which can be very useful while trading. All in all Ayrex trading platform is simplistic but gets the job done. In our test it proved to be very reliable it worked without a single glitch.
Ayrex Demo Account – Conclusion
We simply can’t overemphasize importance of practicing trading on demo account. If you are new to trading make sure you spend good useful hours trading on demo account. Once you have a knack for trading you can simply proceed and create real account and start making money. Even if you are experienced trader it is still good idea to use demo account just to get accustomed to the trading platform. If you are ready to go over and try trading with Ayrex you can do so by clicking on the button below the text. If you are still looking for more information about this broker make sure you read our comprehensive Ayrex broker review. Happy trading!