HighLow Trading Platform Review
HighLow Broker Review
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.back to menu ↑
Sign Up and Trading Platform
The sign-up incentives on HighLow are above the standard offerings in the industry. They are currently offering a $50 cash-back on the first trade to all new traders that sign up with them. The sign-up process to trade with HighLow is relatively straightforward and uncomplicated.
One of the best features of the HighLow web broker is the large variety of option choices that this website provides. They include some advanced and potentially profitable options. Traditional options typically pay as much as 200% returns, while the more advanced option types, pay up to 100% return on investments on successful trades. These are exceptional returns when compared to other binary option website payouts.
When reviewing the HighLow brokerage site, we also found that not only does the expiration time impact the trade, but the spreads on the trades also give the investor a little tighter control over the outcome of the trade; this is a really beneficial feature for the trader.back to menu ↑
HighLow Demo Account
Another outstanding feature is HighLow’s demo account. They will give you a free demo account for binary options trading with $10,000 of practice money to use with this 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. From what we tested, this is one of the best binary options brokers with demo accounts as you can easily learn to trade binary options for free with it.back to menu ↑
HighLow 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).
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. They are one of the few who offer a binary options free demo account without deposit so it’s a great way to learn how to trade binary options online.back to menu ↑
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%). If you’re wondering how to make profit from binary options then all you need to do is try different types of trades and see which one works best for you (60 seconds, 5 minutes and so on).
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. Just because of this feature, we think they’re one of the best binary options trading platform for beginners since this limit will save you from losing a lot of money. They seem to be looking out for newbies. Once you understand what can you trade with binary options and how to make money using binary options, you can increase your risk.
Regulation for HighLow
Very few brokers available in this industry are actually regulated. You will find plenty of binary options brokers worldwide who don’t answer to any regulatory body, or who face some loose criteria that allows them, with very little capital, to open a brokerage company.
As a result of a lack of funds and the need to quickly raise capital, many unregulated brokers quickly succumb to the temptation of using traders’ funds and other shady tactics in order to run their business.
In some cases, some brokers are simply fly-by-night operations which are designed to take your money and run. Or, at the very least, they will make it impossible for you to withdraw your funds upon request…assuming you have any left to withdraw from your account.
The country of Australia is unique in that it’s especially difficult to find a brokerage company based there who has an official license. This is thanks to requirements of the official regulatory body, the Australian Securities and Investment Commission (ASIC), in order to be recognized as a regulated broker.
Not only does HighLow meet the threshold for meeting these regulations (making it a legitimate broker), but it offers traders some of the best protection in the binary options industry. With their license (number 364264) under the ASIC, this binary options brokerage company has had to meet certain criteria, such as:
- Separating trader funds into a client money trust account with the National Australia Bank, an AA-rated bank;
- Possessing large insurance policies for trader protection in case the company goes bankrupt;
- Requiring staff members to have certification and training to give members informed advice;
- And having directors and other key personnel with years of trading experience.
In addition, experts advise against using the advice of your broker to make trading decisions. Thanks to the ASIC, HighLow will only offer advisory services to its traders within the regulatory requirements and this is only provided by trained staff members.
The company also does not have automated trading capability, so you will need to use a trusted signal service, or your own trading method, in order to execute binary options trades manually. For example you can learn how to trade 5 minute binary options or any other type (1 minute, 60 minutes, etc) by following the trends and executing the sell or buy order at the right time.back to menu ↑
HighLow Trading Software and Assets
We are really impressed with the interface on the HighLow web platform:
- It is among the most user-friendly platforms we have ever tested. If you’re looking for how to trade binary options for beginners, HighLow is probably a very good choice.
- The site is laid out in an easy to read manner yet it still contains a wealth of informative and important information.
- The option choices are displayed in what the website refers to as the ‘binary options carousel’; this format makes it really easy to sort through and to select from the many available options choices.
The traditional High/Low option is offered, of course, with this being the name of the web broker as well. Under the Quick Facts section, you will see that the typical returns on investment are as high as 200%, with some more exotic options offering returns of up to 100%, These return on investment offered by HighLow, are among the highest returns on investment among other binary options brokers in the industry.
Trading can be done by investing as little as $10 per trade. This is great if you are just starting out and don’t want to risk a lot of money until you have learned more about how to trade. The broker also caters to traders that enjoy fast trading, with short expiry times and they offer 30 second, 60 second, 180 second (3 minute) and 5-minute expiration times. A lot of people are interested in learning how to make money online trading 60 second binary options because it’s fast, but you need to know what you’re doing or risk losing a lot.
The ‘option on demand ‘feature makes trading highly flexible and is a favourite for those investors who like to take advantage of short term patterns and other specific dynamics of the trading environment.
Another type of binary option that is offered on the website is FOREX Spread High/Low Trading. Spread trading is ideal for those investors that like to trade in a high risk and high reward type environment. Return on investment with this type of option can be 100% or higher. Once you understand what is the difference between FOREX and binary trading you can start making money with this option.back to menu ↑
Access to World Class Data Streams
- These services are provided by a well-known company called Leverate MarketsPulse.
- It is also an extremely safe and secure web platform. Now is it safe to trade binary options? Yes and no. The platform is safe and they will reduce the risk but you still have to make the decisions and that is always risky so there’s risk involved here.
- There is a Traders Choice indicator which also helps the investor to gauge current market sentiment.
- The Traders Choice feature will appear after 4 trades are executed and will constantly update, depending on the expiration times that are chosen.
- This feature can conveniently be turned on or off.
There is also a convenient mobile app that can be downloaded to your smart phone or other smart device. This a great feature that offers flexibility and convenience to those that are limited in the amount of time they have to trade in front of their computers.
Customer Support and Services
During our testing of the HighLow support, we found their customer service to be responsive and professional. They offer service that is well beyond that which is required by the regulations they fall under. It is really impressive when a website goes the extra mile in order to take care of their investor’s questions and concerns. An internet search revealed many positive reviews of the HighLow website. Even their highly informative FAQ section is outstanding. You can pretty much learn all you need to know about binary options (as a beginner or course) from here.
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. Their support staff will help you understand how to be successful in binary options but (obviously) they can’t share things like a 60 seconds binary options strategy that works or other specific questions. They aren’t allowed to do that.back to menu ↑
How to Trade Binary Options. Highlow Video Guideback to menu ↑
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. HighLow is one of the binary options brokers with low minimum deposit and if you consider their $50 cash-back offer, then they surely are at the top of the list of binary options brokers by minimum deposit.
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.
It’s easy to withdraw money from them but if you don’t know how to withdraw money from binary options on HighLow all you need to do is contact support and they will explain how to.back to menu ↑
Summarizing the Review
There are many unique features that can be found on the HighLow website and this innovative site is a little bit of fresh air when it comes to trading binary options.
The number of option choices is outstanding and their free demo account is the icing on the cake. We have no problems at all recommending HighLow and encourage all traders to go ahead and try out this broker.
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.
We would love to hear your experiences with HighLow or other brokers. Does anyone make money trading binary options with HighLow? Are they trustworthy? Have you ever withdrawn your money from this broker? How was the whole process? Is binary options a good way to make money for you? What are you investing in usually? What is the best options trading platform, in your personal opinion? And which is the best binary options trading platform for beginners in the industry?
This proficient binary options online trading platform offers users the possibility to get up to 90% returns on their investments, when using the high/low binary options instrument. It requires an investment of just $10. And it is really uncommon to find a binary trading solution that grants such significant investment return on a small investment required.