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HighLow Broker Review
HighLow – Broker Review and Trader Feedback
Established in 2020, HighLow is one of the few rare binary options trading platforms that are based in Australia. What makes HighLow unique is the fact that it is regulated by the Australian Securities and Investments Commission (ASIC). In an industry where the bulk of the binary options brokers are either unregulated, or regulated by the Cyprus Securities Exchange Commission (CySEC), this truly makes HighLow different from everyone else. Nevertheless despite being different, this has not in any way diminished HighLow’s ability to deliver exceptional services to their clients. Their customer support staff are professional and dedicated. Apart from offering their clients a safe and secured trading environment, HighLow also offers exceptional returns on investments. Their maximum payout goes up to as high as 200% which is way beyond the industry average.
1. General Information
HighLow is a binary options trading platform that is owned by an Australian based company called HighLow Markets Ltd. Their head office is situated at Lvl14, Macquarie House, 167 Macquare Street. Sydney, Australia. HighLow is a regulated broker by the ASIC and operate with the AFSL license number 364264. Their London office is located at HighLow Markets Ltd, Milton Gate, 60 Chiswell Street, London. It should be noted that the address of HighLow’s offices are of actual physical offices and not virtual offices like those maintained by many of the offshore binary brokers in the industry.
Since it began operations in 2020, HighLow has been steadily growing. Its growth can be attributed to the confidence that traders feel when transacting with this broker. First of all, the broker is regulated by a prestigious regulatory agency. It operates in a transparent manner and not in a cloak and dagger way, like many of the brokers that are based in tax havens like the Caribbean. In addition, it is noteworthy that HighLow does not maintain a call center. The implication of this is the fact that HighLow’s clients can rest assured that they will not be harassed by any sales representatives trying to get them to deposit more money.
2. Advantages and Disadvantages
Regulated Broker: The broker is a legitimate broker that is regulated by the Australian Securities and Investments Commission.
Guaranteed no harassment from sales representatives: HighLow does not have a call center and assures its clients will not be pestered with calls from sales representatives trying to persuade traders to deposit more money into their trading accounts.
High Returns on Investments: The returns offered by HighLow are the highest in the industry. The maximum return reaches up to 200%.
Obligation Free Demo Account: Access to the demo account does not require any registration. To access the demo account, simply click on the “Quick Demon” button located at the top of the homepage.
No Live Chat Support: Unfortunately, no live chat support is available at HighLow. The broker has only provided support through email or the telephone.
3. Trading Conditions
Apart from offering their clients a safe and secure environment for trading binaries, HighLow has also offered them trading conditions which are very conducive as well. For example, the returns in investment offered by the broker are one of the highest that we have come across for classic Call/Put binaries. Their minimum return is 180% whereas the maximum return is 200%.
4. Underlying Assets
As for the underlying assets that are available for trading as HighLow, the broker does not have a list which is as extensive as most brokers in the industry. Their coverage currently only covers up to 43 different types of assets comprising of currency pairs, commodities such as crude oil and major market indices. Nevertheless, this is not the defining feature of HighLow as there are other features which make this broker stand out as a broker that is worthwhile to trade with.
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5. Trading Platform
The trading platform adopted by HighLow is powered by the lesser known white labeled Markets Pulse platform. Aesthetically pleasing, the HighLow platform allows you to trade with different types of option contracts namely classic High/Low or Call/Put options, Turbo options, Turbo Spread options and High/Low Spreads. These different types of option contracts are actually variations of the classic call/put option. For spread based options though, the strike price extends over a range rather than a single price level. As for the difference between turbo options and High/Low options, the difference is their expiry times. Turbo options expiry times range from 30 seconds to300 seconds where as High/Low options expire on an intraday basis. Even though there are only 4 types of option contracts to choose from, HighLow compensate for this deficiency by offering payouts which are higher than the industry standard. For example, their maximum payout is as high as 200%.
6. Mobile Trading
For traders who have to be on the move constantly, they do not have to feel left out as HighLow has also made available mobile optimized versions of their web-based platform. These apps are designed specifically for Android and iOS powered devices and can be downloaded from Apple’s App Store and Google Play Store.
7. Demo Account
HighLow has also distinguished itself from other binary options brokers in the industry though its demo account facility. To date, there are only a handful of binary options brokers in the industry that have taken the initiative to provide a demo version of their trading platform. Even, the available demo accounts are not easily accessible, as they require potential traders to first sign up for a trading account. With HighLow, it is an entirely different story as anyone can freely access the demo account without having to register first.
8. Account Types
As for the types of trading accounts which are available at HighLow, the broker have only provided a standard type of trading account. All it takes to open a live trading account is a low minimum deposit of AUD$10 for Australian traders or $/£/€50 for international traders.
9. Opening an Account
Opening a trading account at HighLow has never been easier. To open an account with HighLow, just click on the “Sign-Up” tab located on the top right hand corner of the HighLow homepage. Complete the registration form to create your profile. A promotional offer of $50 “Cash-back” reward will be awarded to you, once you have completed the registration process. It should be noted that the “Cash-back” reward is not a bonus that binary options traders normally receive as a deposit bonus from other brokers in the industry simply for making a deposit. Instead the “Cash-back” reward can only be redeemed through trading.
Unlike deposit bonuses, Cash-back works in a very different manner and is not a 1-to-1 match to your deposit amount. Instead, it matches what you have earned or what you have lost by up to $50. For example, if you make a deposit of $100 and are awarded $50 in cash-back, then say you invest $10 into a trade and lose the invested amount, cash-back will then be topped up by $10 into your trading account to replace what you lost. At this point of time you might say that this is the same as a “risk free” insurance or bonus. However that is not the case, as Cash-back is also applicable when you profit from a trade. Let’s say in the above example, you profited $15 instead of losing that amount. In this case, Cash-back will still top up your account by the amount that you profited, which is $15. The redemption of the Cash-back reward will continue until the whole amount of $50 has been redeemed.
10. Funds Withdrawal
At HighLow, you can withdraw your funds using your credit card, eWallets or bank wire transfer. However, the minimum amount that must be withdrawn must be at least be $50. To initiate the withdrawal process, click on “Withdrawal” from the sub menu found in “My Account”. Specify the amount that you wish to withdraw and then submit your request. Requests which are made before 2 pm on a business day, will be processed on an intraday basis. Take note that the entire withdrawal process will require 2 to 3 business days to complete.
11. Trader Training
As for their traders’ education, HighLow has provided a library of video tutorials. The short videos are concise and informative, allowing the person who watches them to pick up the key points in the tutorials in a matter of a few minutes. Altogether there are 8 videos with 4 videos covering the trading platform and 4 videos covering how to trade the various option contracts.
12. Should I Trade With HighLow?
From our observations of HighLow, we noted that the broker cannot compare with most of the trading features provided by other brokers in the industry. Nevertheless, this broker deserves serious consideration as they are regulated by ASIC and is transparent in the way it operates.
HighLow Review: Special Trading Assistant for Binary Options
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What Is HighLow
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Cashback & Loyalty
Deposit & Withdrawal
Scam or Legit
HighLow Review: Special Trading Assistant for Binary Options
HighLow is a popular Australian broker which provides world-class service and assistance to its clients. In a short span of time, they have managed to become one of the leading binary options broker.
HighLow is owned and operated by HighLow Markets Pty. Ltd.
They offer training through “Quick Demo” service.
A new trader who does not know how binary options trading works or how to place a trade, HighLow’s demo trading can be a great help for him.
Besides, it has taken being regulated seriously which is the evidence of HighLow’s willingness to be committed and fair in terms of conducting business and providing service.
In this review, we will go through the various key elements of this broker so you can be well-informed about their features.
HighLow Review – What Is HighLow?
High Capital Risk Is Involved In Financial Trading
HighLow is an Australian based broker which offers its service across the world including Europe, Asia, Africa and the Middle East.
It is regulated by ASIC and the registration number is 364264. Also, it has got its license from the Australian Securities & Investment Commission (ASIC) .
License (AFSL – 364264).
It is rather very strict to take initiative against any kind of scam activity to ensure the highest service to the traders.
In order to provide the best service, it uses MarketsPulse platform.
We will discuss this proprietary platform later in our review.
HighLow boasts over 11 million trades per month. Their payouts are one of the highest with a lot of variety in options for their traders.
HighLow is a broker that is dedicated to providing excellent service to their traders.
In an industry that is full of competition, HighLow manages to pull ahead of the pack.
We believe these features will help a trader to take a decision whether to choose HighLow or not as his broker. These specific features are –
- Min Deposit AU $10 (For $AU Accounts) and US $50 (For $US Accounts)
- Min Trade Size is AU/US $10
- ASIC regulated broker
- Up to 200% payout
- Mobile trading enabled
- Demo trading facility
- Hassle-free withdrawals
- Min Withdrawal $50
- Quick Access funds
- Cashback for new accounts
- Segregated funds
- Feature rich trading platform
- 4 different types of options
- Rich education section
- Responsive customer support
HighLow is one of the few brokers that are fully licensed and regulated.
You can feel confident trading with them knowing your funds are secure.
As mentioned above, HighLow is regulated in Australia and hold an ASFL (No.364264).
Their regulation is provided by ASIC, a strong reulatory body with stringent policies.
Another notable thing about HighLow is that all their clients money are held in segregated accounts in Client Money Trust Accounts with National Australia Bank (NAB), a regulated Australian bank.
This segregation ensures clients money are used for hedging purposes by HighLow.
HighLow does not initiate speculative positions in the market nor has any exposure to corporate debt.
HighLow Login and Sign-up
In this section, we will explain the sign-up and login process of HighLow broker.
The sign-up process of HighLow is quite simple and it takes only 3-5 minutes to get started.
These are the steps to sign-up for a real account: (No registration is required to use the demo account)
Visit the sign-up page by clicking the “Sign up” button below.
Provide the required details such as your country, full name, email address, and a password of your choice.
Next, you have to verify your profile by entering your complete address which incluses your street address, city, and state/province.
Enter your date of birth and mobile number to complete the verification process.
Read the terms of agreement and comply with them and submit them.
The final step involves submitting a photo ID such as driver’s license/passport and a secondary ID such as bank statement or any utility bill.
Once you have successfully completed the Sign-up process, you can login to your account.
You need to enter your userID or your email address and password to login to the platform.
In case you forget your password, you can retrieve it by providing your email.
High Capital Risk Is Involved In Financial Trading
HighLow Option Types
HighLow offers 4 different types of options to their traders.
This kind of versatility allows traders flexibility and choice.
Let’s take a look at the different types of options.
HighLow Options are the most common form of options trading. You can trade forex pairs, commodities, indices, and more.
The payout percentage varies from 180% to 190%. This type of option is best suited for short-term investors who open small positions.
This type of options involves bid/ask spread, similar to that ofthe forex market.
The payouts in spread highlow reach 200%, which is practically twice your investment. This type of options is suitable for traders who are large market movers expecting big payouts.
Turbo Options focuses on short time intervals ranging from 30 seconds to 5 minutes. Traders who can take advantage of shorter time intervals should take advantage of this option.
Turbo Spread is similar to highlow spread where the traders can enjoy maximum return (up to 200%).
Large market movers will prefer this option type.
HighLow Asset Index
Currently, HighLow offers 34 different assets. You can trade these assets as binary options in HighLow’s trading platform.
However, when you are trading turbo options and turbo spread, you only get to trade 7 currency pairs.
Let’s take a look at the different assets offered by HighLow
17 Currency Pairs
HighLow Demo Account
HighLow offers quick demo to new traders.
You can try their demo account without even registering for an account.
Anyone can try quick demo and learn binary options trading.
A trader will get the same taste, experience and thrill through this demo version.
Every demo account holder will be provided $10,000 virtual currency to place trade.
The demo platform is exactly similar to that of the real trading platform. Traders get access to all the trading assets as well as the features of the platform.
High Capital Risk Is Involved In Financial Trading
HighLow Trading Platform Overview
Let’s discuss HighLow’s trading platform now. They offer their proprietary trading platform which is available for both desktop and mobile.
We will disucss about mobile trading in a later section. For now, let’s take a look at the desktop app.
When you enter the web platform, you’ll be greeted with a good looking user interface.
On the top, your account balance and cashback balance are displayed.
Just below that, you have the option to choose from any of the 4 option types. Depending on your selection, your asset list will be displayed.
The assets are sorted on the basis of expiry times.
The trading hours are from Monday 9:00am – Saturday 8:00am AEDT.
The expiry times offered are: 15 min, 1 hour, and 1 day.
You can also favorite an asset so as to find it easily.
HighLow trading is a satisfying experience.
If you want to view all assets at once, click on the all assets and select from currencies, cryptos, indices, and commodities.
Under that. you will find the trading chart for the asset that you have selected.
The time interval in the chart adjusts to the expiry time that you have opted.
Placing a trade is quite simple in HighLow’s trading platform.
All you have to do is select your trade amount, click on the high or low button, and finally place your trade by clicking on the “Invest” button.
The amount to be placed in the trade can be input manually or you can select the pre-defined values of $50, $100, and $500.
Placing a trade has been made even easier with the help of one-click trading. You have to click on the green or red button to place your trade and that’s it.
In the bottom section, there is the current activity section which shows all your active trades. Unfortunately, there is no option to view your past trades.
HighLow Options Review – A Safe Binary Options Broker Regulated By The ASIC
HighLow is a safe broker that is excellent for binary options traders that are looking for a safe and reliable trading environment. HighLow scores well on most counts, but there is still room for improvement. With such an amount of market experience, we anticipated HighLow to reach its stride a while ago, but things are indeed looking bright for the future.
An Overview To Our HighLow Broker Review
These days, it is typically impossible to trust the reliability and credibility of a binary options broker through their promises or marketing campaigns alone. There are several binary options trading companies that assure of top-quality services, when in fact, they have garnered mostly negative reputation from the retail traders. However, we are pleased to inform that HighLow is a genuine binary options broker that has several remarkable qualities that make it a highly preferred choice in the financial market.
We investigate several core features of a binary options company while compiling a review, ranging from trading platforms, assets, customer service, bonus, payouts, and even the minimum deposit options. With our HighLow review, we can present a unique and eye-opening proposition to our readers that not only help in enhancing the overall trading experience, but also allow traders to secure their trading capital against financial scams.
Understanding The HighLow Regulation & Company Facts
HighLow was launched as early as 2020 by an Australian financial company and is officially known as HighLow Markets PTY LTD. HighLow can be considered as one of the early pioneers in the binary options industry and was one of the very first brokers to embrace the new and innovative binary options product at that time. HighLow had the vision, and the expertise to quickly become a mainstream financial company in the binary options markets and continues to be a popular name among a large section of the retail trading industry.
HighLow is regulated and licensed by the Australian Securities and Investments Commission (ASIC), with the Australian Financial Services License (AFSL) no: 364264. The ASIC is considered to be one of the most stringent and investor-oriented regulatory bodies in the financial markets and has gained an incredible amount of trust and confidence among retail traders. The ASIC is quick to investigate any financial discrepancies perpetrated by its regulated companies and is known to issue strict sanctions and penalties to discourage financial malpractices.
HighLow does not give any relevance to numbers, as the broker is more committed to enhancing customer satisfaction and tries to retain its clients through proactive investor safety. HighLow has more than 50,000 clients that continue to use the broker’s services and products on a recurring basis, which is clearly a testament to the company’s dedication towards up keeping the integrity of its services. The ASIC also plays a major part in bringing HighLow under a strict regulatory framework, which requires the company to satisfy minimum operating capital requirements, segregation of clients’ funds, and maintaining strict auditing practices.
While we are impressed by the regulatory status of the company and the safety of investments, we feel a bit let down by the number of financial instruments offered by the company. HighLow does cover the major financial markets such as Forex, commodities, and indices, but the actual number of assets available for trading is only close to 25. Here are the financial assets provided by HighLow for binary options trading:
Forex Currency Pairs: AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY
Indices: AUS200, FRA40, GER30, HKG33, JPN225, UK100, US30
HighLow has been a prominent name in the binary options markets for well over seven years, and it is indeed surprising that the broker hasn’t paid any attention towards increasing the number of financial assets available for trading. When we compare HighLow to other mainstream brokers, we do find that the list of 25 assets is in stark contrast to the number of financial instruments offered by its competitors. We have reviewed brokers that offer more than 10,000 different underlying assets, which do make us a bit disappointed in the HighLow binary options brokerage.
HighLow Trading Products, Features, & Payouts
HighLow does indeed bypass its shortcomings in the assets department by offering some of the highest payouts in the industry. Incidentally, there are four different types of binary options products at HighLow. The first type is the classic High/Low trading, which is followed by Spread trading. The third option is the Turbo option, while the fourth option deals with Turbo Spread trading. All options have expiry times ranging from 30 seconds to 1 day, which does present an option for traders to choose their preferred trading strategy.
The minimum payout starts from 88% for the more conventional binary options that have longer expiry times, which is larger than the maximum payouts offered by Turbo options at other companies. Turbo options witnesses a jump in the ROI to 95%, while the HighLow spread options offer an incredible return of up to 100% for most financial instruments. The payouts offered by HighLow are certainly among the best offered in the industry, but the broker does not offer any refunds for out-of-the-money trades.
Trades can be initiated with a $10 minimum investment, while the maximum investment per position is $2000. These figures are not as competitive as other binary options brokers, who may be able to offer trading access from $1 minimum investment. Nevertheless, the higher investment of $2000 per trade is indeed $500 more than the industry average investment threshold of $1500.
Since HighLow operates as a contemporary binary options broker, the company does not require any additional fees for services rendered. All trades are executed according to the market conditions, and the trade outcomes are determined automatically by the broker’s platform. It does come as a consolation for traders that HighLow tries to minimise the conflict of interest, owing to the ASIC regulation.
HighLow Trading Platform Analysis
The HighLow platform is a web-based interface that is unique to the company and is developed internally to offer a feature-rich binary options trading experience. The easy-to-use web trader platform has a highly convenient layout that offers charts, option types, investment options, and the trading history tab to access all account information in one place. There are individual tabs for choosing the type of option, while the assets scroll-down menu and the expiry tabs all offer traders the opportunity to tweak their positions before entering a trade.
We would have liked HighLow to provide other customization options such as the ability to change/edit trades after entering a position in the market. Some leading brokers offer the opportunity to get out of losing trades and use rollover or double-up features to extend the expiry times. Such kind of flexibility is essential for professional traders and is also important from a beginner’s perspective. We also miss the additional binary options products such as touch/no-touch and ladder options, which can increase the payouts and profit potential for traders.
HighLow Mobile Trading Platforms
The HighLow web interface is an excellent tool for mobile trading, but the company has also provided HighLow mobile apps for iOS and Android operating systems. These trading apps can be installed on any smartphone or tablet running on the popular operating systems and appear to have the same features and functionality as the desktop trading interface.
We really urge traders to try the HighLow mobile platforms, as they can provide one of the best mobile trading environments in the market. The interface allows the same type of trading strategies as offered by the online interface, and there are no significant drawbacks that we have come to expect from other mobile trading platforms. We should give credit to HighLow for spending a significant amount of resources towards developing their binary options trading platforms.
HighLow Minimum Deposit & Withdrawal
A HighLow account only charges a minimum deposit of $50, which is indeed suitable for all types of traders. Some brokers may offer lower deposit choices, but the average deposit for binary options brokers in the industry is around $250. The withdrawal does not have any limit, and all withdrawals are honoured according to the ASIC guidelines. The company has processed all withdrawals till date, and there have been no issues for any clients, whatsoever. It is certainly amazing to see that HighLow has made it a priority to cater to investors’ needs, rather than concentrating on profits alone.
Traders can make a deposit using Bitcoin, Visa, MasterCard, and Neteller, which are some of the most popular payment processors in the binary options market. However, we are surprised that the broker does not offer other leading payment systems such as bank wire, Skrill and WebMoney, as these payment modes could have provided the much-needed flexibility in payments. Nevertheless, the basic payment options are certainly sufficient to cater to a fair share of the traders using the HighLow platform.
Don’t expect HighLow to offer the traditional bonus for client deposits. A regulated company rarely indulges in any promotional offers, and it is no different for HighLow clients as well. The company has offered an unrestricted $50 as cash back for all new clients, which means that traders can receive up to $50 in bonuses for every $50 traded. The volume-based cash back bonus does not enforce any limitations to traders and is unlike any other bonus in the market. Normally, most brokers offer bonuses with specific limitations and conditions that put a freeze on the trading capital. At HighLow, the cash back offer is free from any trading restrictions, and traders can withdraw their profits at any time without any limitations.
HighLow Demo Trading
All website visitors can get a free HighLow demo account by completing a simple registration process. The free and unlimited demo account is a great option for traders to get accustomed to the HighLow platform and is a must-have tool for all traders. You can also get a taster of the platform by visiting the online trading interface for a platform walkthrough, which allows you to browse through the different trading features and functionalities without actually taking part in any trading activities. If you wish to invest in the markets through a demo account, you must complete the registration process.
HighLow Customer Service
HighLow customers have the option of contacting the ASIC or the Financial Ombudsman if they feel that they have not received optimum support from the broker. ASIC has made it mandatory for all regulated firms to adhere to the best in customer service channels, which are backed by routine audits. However, we did find out that the broker only offers a phone number and a web contact form for all customer interaction, with no option of live chat or VOIP support. HighLow certainly lacks in the direct customer interaction department, which is vital for all traders that take part in the risky and fast-paced financial market.
HighLow Trading Features & Resources
The website offers a resources page that provides some basic training videos and a glossary of terms used in binary options trading. The resources page also provides some frequently asked questions, platform walk-throughs, and other downloads that are intended for existing clients. Nevertheless, we don’t believe the overall trading resources and features are at par with the industry standards. It is of our opinion that HighLow should invest more time and effort into maintaining an excellent investor resources centre that not only provides training videos, but also offers news, technical analysis, market research, and trader tutorials.
- An ASIC regulated broker, which offers the best protection for investors for the safety of funds.
- High payouts and excellent ROI for most underlying assets.
- The best trading experience on desktop and mobile with dedicated apps for each operating system.
- No questions asked free unlimited demo.
- A lower investment option for traders that starts from a minimum deposit of $50.
- The customer service department does not include a live chat feature.
- The choice of instruments is low for a mainstream Forex broker.
- Bonus not as attractive as other deposit bonuses in the industry.
How Are My Investments Secured?
All clients’ funds are kept in segregated accounts in top tier AA rated banks in Australia. The ASIC performs routine audits of HighLow’s financial transactions to ensure complete transparency.
Is HighLow A Scam?
HighLow is not a scam company, as it is one of the very few binary options brokers that are regulated by a genuine and reliable regulatory organisation. The ASIC is undoubtedly keen on issuing investor-centric policies that aim to keep the customers safe against financial abuse.
What Are My Funding Options?
The company offers online funding options such as Neteller and Credit/Debit card payments. The minimum investment for a HighLow account is $50.
Is The HighLow Platform Optimum For Binary Options Trading?
The HighLow platform is an excellent tool to trade the binary options market. Although the broker offers a feature-rich interface, the choice of financial instruments and binary options products are lower than the industry standards.
|Rating:||HighLow is the most trusted Australian binary options broker. The required minimum deposit is only $50.|
- Minimum Deposit: $50
- Free Demo Account
- ASIC Regulated (AFSL #364264)
Highlow is an Australian broker, established in 2020 by the company called Highlow Markets Pty Ltd. Their headquarter is located in Sydney, Australia but they also have offices located in London, United Kingdom.
Although Highlow is based in Australia, they accept traders from around the world.
They provide a high return rate of between 180% – 200% for winning trades. Highlow accepts traders from Australia, Europe, Africa, and Middle Eastern but they don’t accept US traders.
HighLow is powered by the MarketPulse trading platform. The platform has a straightforward layout, that allows you to easily access all the necessary features without the need of having previous trading knowledge. There are only two types of assets you can trade which are forex pairs and indices.
It supports several classes of binary options including spread highlow, standard highlow and options on demand.
The trading platform offers a variety of expiry time frame to choose from including 60 seconds, 5 minutes, 15 minutes, 1 hours, end of day and 24 hours +.
Highlow provides a smartphone app for iOS and Android, which traders can download and use for online trading. The mobile app offers all the essential features that are available on the Highlow Trading Platform. The mobile app supports Android smartphones, iPhone, and iPad.
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Free Demo Trading Accounts
Highlow offers a demo account that is pre-loaded with $10,000 of virtual funds so you don’t have to deposit your own funds to test drive it. There is no need to register for an account to test drive the demo.
The demo account does not limit you on the number of times you can use to practice your trading strategy.
If you are satisfied with the trading platform, you can proceed to register for a new account. The account supports three major currency including USD, AUD and JPY.
New signups are entitled to a $50 cashback for the first trade.
Highlow accepts a variety of deposit/withdrawal methods including credit card, bank wire and Neteller.
The minimum deposit/withdrawal requirement vary depending on where your account is based. If your account is based in Australia, the minimum deposit/withdrawal requirement is AU$10 for bank wire and AU$50 for credit card transfer.
If your account is in US Dollars, the minimum deposit amount is $50 regardless of which deposit methods you choose.
You can only withdraw less than the minimum amount if you want to terminate your account. Highlow will process your withdrawal request on the same day you submit the withdrawal request before 2 PM. Usually, it will take 2 – 3 days for the funds to appear in your bank account. Highlow does not charge any fee when you make a deposit via credit card.
There is no restriction on the number of times you can withdraw from your account.
They do not put any limitation on the cashback that is awarded to your account. You can withdraw the cashback as soon as it is redeemed.
The funds can be deposited in a number of major currencies including:
- Australian Dollar
- US Dollar
- Pound Sterling
The daily withdrawal limit is $20,000 per day. They charge a fee of 1.5% of the balance if you withdraw via credit card or Neteller.
Those who want to perform international bank wire transfer will be charged with a fee of $20.
Highlow Binary Options brokers offers customer support services via email and telephone. Email is the best way to contact the customer service team.
They provide toll free telephone support for customers in Australia, Singapore and UK.
Highlow has different support hours for customers from different countries.
The support hours for Australia customers is from 8 am to 4 am AEDT/AEST, from Monday to Friday.
The support hours for Singapore is from Monday to Friday, 5 am to 1 am SGT. For the United Kingdom, the support hours is from 9 pm to 5 pm. Highlow does not provide live chat customer support. The FAQ page provides answers to 90% of the questions that traders ask. Highlow customer services supports both English and Japanese.
License and Regulation
Highlow is a licensed broker registered with the Australian Securities & Investment Commission .
Highlow meets the ASIC requirements to obtain a license. Australia has one of the toughest regulations for getting approved for a license.
The broker holds the Australian Financial Services license with the license number 364264.
Highlow protects clients’ funds by segregating it to a trust account in National Australia Bank. They never use the money that belonged to the clients for hedging or margining purposes.
All the online transactions are encrypted with secure SSL protocol.
Is HighLow A Good Broker?
Highlow is a very good broker as they are regulated in Australia and have one of the lowest minimum deposit requirement in the industry.
Highlow has managed to maintain a clean reputation up until now and they continue to be the top choice for Australian traders.
43 thoughts on “ HighLow Review ”
Does your system have instant activation on making an account or do I have to ask you for instant activation.
Yes, the activation is instant. If not, contact the Highlow support.
hello what auto trading robots are compatible with this account
Hi. Just tried the robot link and when trying to register got a message “registration failed for all brokers. There are no more brokers available for your country to register”. How do I proceed? Thank you.
same question plz, what auto trading robots are compatible with this account?? Your link is NOT WORKING
HighLow Review 2020 | Comprehensive HighLow Broker Review | Deposit Bonus & More
Best Suited for traders WORLDWIDE. A majority of HighLow traders are from Australia & New Zealand, and the broker currently has no restrictions on accepting traders from around the world except for a small number of countries.
Updated: As of September 2020, High Low has stopped accepting new traders from Europe and the UK.
HighLow is a superior binary options broker based out of Australia. Regulated by ASIC (Australian Securities and Investments Commission), which is an independent Australian government body that acts as Australia’s top corporate regulator, the firm runs an honest and transparent service with a very intuitive binary trading platform.
HighLow which is headquartered in Macquarie House, 167 Macquarie Street in Sydney has been in operation since 2020. It’s, in fact, one of the longest-running binary trading brokers in the world today.
Being under the purview of the Australian Securities and Investments Commission (ASIC), and holding the licence AFSL (No.364264) also means that HighLow is subject to stringent regulatory requirements. One of which includes that all client money is kept segregated from those of HighLow Markets Pty Ltd (HighLow), and held on behalf of clients in a Client Money Trust Accounts registered with National Australia Bank (NAB), a regulated Australian bank. HighLow is also not allowed to initiate speculative positions in the market nor have any exposure to corporate debt.
What all these rules mean is that one can be assured that his/her money is always safe and secure when you start trading with HighLow.
HIGHLOW TRADING PLATFORM
For its choice of trading platform, HighLow has opted to go with the white labelled trading platform provided by Markets Pulse. While the trading platform does not have as many features as some other binary trading platforms, it is well designed to suit the needs of traders who are new to online trading. It’s intuitive and easy to understand layout also makes it a breeze to start trading on the platform.
HighLow Broker Review | Intuitive trading platform
HighLow’s trading platform allows its users to trade in the binary options market with 5 different options. These are namely High/Low options, High/Low spreads, Turbo options and Turbo spreads options. The key differences between the normal option contracts and the spreads options contracts are the fact that the expiry for the latter is extended to cover a range of prices, rather than a single price level. The turbo options and the High/Low options, on the other hand, has the expiry time for the former ranging from 30 seconds to 5 minutes while the expiry time for the latter is on an intraday basis.
What all these means is that unlike a traditional binary setting, where you gain or lose depending on whether the end price is above or below the point where you started at, these various options allows a trader to play around with various trading strategies that could work in his/her favour. This means that the opportunity to strike a profitable trade is significantly much higher with HighLow as long as you can work out a strategy that suits your risk appetite the best.
Check out the following video to see how you can use the HighLow platform to trade profitably today
On the flipside though, as the platform is designed to cater for traders who are beginners, it lacks several key technical indicators which a more seasoned trader may wish to have access to whilst trading. However, it’s by no means a deal-breaker, as this data is available online for free from many different sources.
HighLow offers the following instruments to trade on their platform:
- Forex Pairs (Features the most popular 17 forex pairs)
- Commodities (US OIL, UK OIL and Gold)
- Cryptocurrencies (Features 5 of the world’s most popular cryptocurrencies such as Bitcoin, Ethereum and others)
- Indices (Has access to 10 the world’s largest indices such as NYSE, UK 100 etc)
All of the instruments above are available in a binary trade setting on the HighLow platform. As such this platform is truly a binary trader’s dream as every asset can easily be entered into a binary trade setting easily.
DEPOSITS & WITHDRAWALS ON HIGHLOW
Being an international binary options broker, High Low caters to a global audience of traders with various payment options. They are namely Visa, Mastercard, Neteller, Bank transfer deposits, and various other 35 alternative methods such as Sporopay, Sofort etc.
Withdrawals are also processed promptly and very efficiently, almost always within 24 hours after submission. It may take a couple of extra days thereafter for the payment to be processed through your selected payment (i.e. wire transfer etc) method before it’s made available in your account.
HIGHLOW BROKER SUMMARY
In summary, HighLow offers one of the best choices available in the market today for a reliable and trustworthy binary options broker. Being a regulated broker that ensures clients funds are kept safe at all times, having an attractive trading interface that is intuitive and easy to use, and offering an unbeatable $50 BONUS cashback on signups makes High Low a leading binary options broker in the market today.
Start your journey in binary options trading with High Low today by signing up below.
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