HighLow is a broker for binary options trading that has been operating for a few years now. They are a licensed broker based in Australia and are regulated by the ASIC. Due to the strict standards of the ASIC, only few brokers get this license, which makes this binary options broker unique.
One of the things that make HighLow an excellent binary options trading alternative is the fact that it’s a regulated broker. They also offer their services in several places around the world including Australia, Europe, Africa and the Middle East.
HighLow uses the new Markets Pulse trading platform and has their website also available in English and Japanese. They are one of the few binary option brokers who allow traders to open a demo account separate from their live trading account. They naturally offer high low options, along with Range Options, On Demand & Short Term Options. The minimum trade size is $10, and the maximum trade amount is $2,000.
Many of their options offer a payout of 200%. Traders have over 80 assets and currency pairs to trade binary options with at HighLow.
Unfortunately, USA binary options investors cannot use the services offered by this broker, however, for US traders we have Binary Option Robot or Finpari. The HighLow broker also features a trading platform that is super easy to navigate and to use.
Broker Name: High Low Broker
Visit Official Website: HighLow.net
Minimum Deposit Amount: $10
Maximum Returns : 200%
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HighLow is a brand of HighLow Markets Pty Ltd, an Australian company, holding an Australian Financial Services License, number 364264. As we have said before, regulated brokers offer several distinct advantages over non-regulated brokers when it comes to transparency and how they manage the money that is deposited by traders through the web broker.
Regulation also establishes a set protocol for complaints and requirements for insuring funds, just like a national bank does. Since it is an Australian site, those who favour trading in Australian dollars will not lose money on the rate exchanges to other currencies.
The first thing that we see when visiting this brokers site, is that it has an easy-to-use and sleek design. They offer you a free Demo Account so that you can get a feel of their trading experience without having to first put down any money. In addition, they have a great resource center with educational material. This will help you understand more about binary options trading in general and the HighLow experience specifically. This includes numerous video tutorials as well.
HighLow Brokers uses the Markets Pulse trading software, which you’ll find has a clean interface for trading. You can choose from 4 types of options, including High-Low, Spread, and Turbo, with short term options ranging from 30 seconds to 5 minutes. Also, you have the options to trade a wide variety of currencies and assets.
HighLow Special Offers
This broker offers up to 200% profits on trades, a $50 cashback bonus for new costumers, and minimum trades being only $10.
They also have a mobile trading app which is available for Apple and Google, click here to download.
HighLow Broker Demo
Another outstanding feature is HighLow’s demo account. This is one of the easiest and most effective ways to learn how to trade binary options if you are new to this type of trading. It even helps veteran traders learn the platform when they first start trading with HighLow. The creative team at HighLow have incorporated the demo mode into the site so you don’t even have to sign up in order to use the demo services. When you first join the site, you will be given $10,000 of practice money to use with the demo account.
HighLow Broker Website & Platform Overview
The eye-catching yellow-orange and black color scheme of the HighLow website is nicely laid out and immediately gives a professional look. On the homepage, you will find information about the types of binary options assets you can trade, the option types available, and the sign-up bonus. The transient screen also displays information about the distinctive features of the site.
HighLow’s website uses MarketsPulse as a trading platform, providing its customers with a smooth and hassle-free experience. They’ve also partnered with a data streaming company, Leverate, which provides safety and security for clients’ data. Also, the Trader’s Choice option on the platform activates after four executed trades and this provides real-time market sentiment of the traders online.
Taking a closer look at the assets, each one comes with a price chart and payout option alongside the trading time window. The 80+ assets available for trading include: precious metals like gold, a few stock indices (HKG33, UK100, US30, JPN225, and AUS200), and several currency pairs (including the most popular, EUR/USD, along with others like USD/JPY and EUR/GBP).
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Navigating the site is a breeze. The creators have maintained simplicity and they have provided easy access to information including the broker’s FAQs, opening a demo or live account, choosing your preferred language (English or Japanese), as well as operational information on executing trades using their platform.
HighLow also allows traders to easily execute demo trades with one-click access…without even requiring your registration with the site! So, if you’re interested in trying out HighLow, then definitely take advantage of their demo feature (whether you register or not), particularly if you’re a new trader who has always wanted to practice trading with virtual money, before risking any real money.
Payout Percentages & Types of Trading
On the first tab of the HighLow platform, you can choose the normal High or Low trading option. This option gives you a payout of up to 200% of your invested amount on a winning trade, which is definitely among the best trade payouts in the binary options industry. So, by purchasing an option for the lowest investment amount ($10), you will receive a $9 profit payout if you win the trade.
HighLow provides several quick expiry options for those who prefer fast-paced trading. You can choose 30, 60, 180 (3 minutes), or 300 seconds (5 minutes) for short-term trades. You also get to enjoy the option of profiting on spread trading various assets, which can give you payouts of up to 100%. (More advanced options offer payouts of up to 200%).
The spread binary options, combined with the short-term or turbo trade options, allow traders to diversify their trading portfolios and to trade a variety of expiry times.
HighLow also places limits on the maximum amount of money you can invest per trade and the exposure you can take at any given time. Other platforms tend to have lower restrictions with regard to this, so it’s something to keep in mind.
Customer Support and Services
The available customer support service offers nothing but comfort and easiness to its traders. It is so obvious that High/Low broker platform really wants to be of help to people in order to provide them with easy, pleasant and smooth trading experience. The FAQ contains relevant and comprehensive information on all the questions that are commonly asked.
The best way to access customer support for the broker is by using e-mail. They answer your questions and concerns quickly as long as the question you have is not thoroughly covered in the FAQ section; we did not have a problem with this because their FAQ section is laid out so well and is easy to understand.
While we were initially surprised by the fact they do not offer live chat support, their phone support is a more than adequate replacement for this feature. Contact with Customer Support can be done in both Japanese and English.
HighLow Broker Banking
Neteller and credit cards seem to be the preferred methods for transactions with this binary options web broker. The minimum deposit for both is a low $50; one of the lowest deposit amounts in the industry. The minimum deposit for bank wire transfers is an extremely low $10. Transactions are simple and done in an encrypted environment for security purposes.
Please also note that:
- HighLow is one of the very few binary options web brokers that offer instant withdrawals in most cases
- They do charge a 2% transaction fee for withdrawal services but again, this is lower than the average throughout the industry
- The minimum withdrawal amount is $50 in most cases
- Bank transfers can be used for withdrawals and take approximately 1 to 3 days for the money to reflect in your account
- Credit cards cannot be used to withdraw funds
Customer funds are kept segregated for security purposes and safekeeping. The commonwealth of Australia has strict rules regarding banking and all trader funds are placed in a trust account with the National Bank of Australia.You can have peace of mind that your funds are secure with the HighLow web broker.
There are many brokers to choose from, however, when comparing brokers make sure you are only dealing with a licensed broker.
BDSwiss is licensed and regulated by CySEC in Europe. They have both binary options and Forex trading.
The highly profitable and consistent trading results this brokerage offers, combined with the excellent arrangement of its website sections is a good enough reason for us to say one more time that this binary options online trading platform is worth it and traders should not be afraid to join it as soon as possible.
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