HighLow is a licensed and trusted broker based in Sydney Australia. Initiated by the Australian Securities and Investments Commission (ASIC). They provide industry leading payouts and offer a no deposit, no sign up binary options demo account – perfect for developing trading strategies or beginners.
With an advanced platform, instant withdrawals, a powerful mobile trading application and full rules – HighLow offers a good broker option for both beginners or beginners, as well as for more advanced trading veterans. Australian regulations are stronger and more reliable than certain European regulators, which means HighLow provides a high level of customer care and enjoys great merchant satisfaction feedback.
HighLow study
Key facts:
- Min Deposit : $50 USD / $10 AUD
- Payment : Up to 200%
- Demo Account : Yes (No deposit, no registration)
- Controlled : Yes. ASIC (Australian Securities And Investments Commission)
- Bonus: $50 Cashback
Trading Platform
Enter HighLow and you are presented with a unique trading platform. While it retains many of the familiar options and features, it also has an individual look and feel.
Various tabs allow you to choose expiration times, and on the left side of this drop-down menu for various assets and markets. Below this option is a larger “shortlist” of assets, this can be customized to reflect your most traded markets, making it easy to search.
HighLow trading area
When an asset or market has been selected (or highlighted), the chart below will be updated. This shows current price levels, trader sentiment, payouts and countdowns to expiration. The graph also displays the points where trades must be placed.
All important trading buttons on the right. Here, users adjust the trade size, select the trade direction – and press the ‘Invest’ button to confirm the trade. Open trades will appear in the ‘Open Positions’ window below the price chart. If users prefer, they can opt for ‘1 click’ trading. This removes the invest button, and the larger High and Low buttons open trades in one click.
The platform is very simple and easy to use. The price chart will show which direction the market needs to move in order for the trade to win. This reduces the possibility of trader errors. As you might expect, the firm uses ‘High’ and ‘Low’ on the trading buttons (not Up/Down or Call/Put).
One weakness of the trading area will involve charts. There isn’t much flexibility or advanced technical analysis. It is true, this is common among binary brokers. Traders interested in technical analysis often use separate charting software such as MT4 (MetaTrader4). Worth noting though.
Current Activity Window
The current activity window lists all open positions. It lists the ‘Sell’ option, and also shows the current ‘expired payment’.
Trading Options And Assets
Options at HighLow offer traders some good options. The list of assets is not as extensive as some rival firms, and this is certainly something the brand will look to improve.
Option Type:
- High / Low – They have to offer this right? Standard binary trading – will the value of the asset finish higher or lower than the current price. The expedition starts from 15 minutes until the end of ‘Akhir Hari’.
- High / Low Spread – As above, but the difference is the payment and strike price. The payout on the ‘spread’ option is 100%. Traders however, need to make the spread. So if the current market price on the UK100 is 7294.8 – the trader will probably be presented with 7295.1 to go higher and 7294.5 to go lower. This extra margin is where brokers make their profits – allowing them to offer 100% payouts.
- Turbo – Again, this follows the same process as the standard High / Low option. But Turbos are in a very short time. So expired 30 seconds and 1,3 or 5 minutes.
- Turbo Spread – Short / low expiration period – but with market current value spread and 100% payout
HighLow Assets and Markets
The list of assets includes stocks, commodities, indices and forex. The only comprehensive category is forex. The depth in other classes is less than what rivals offer. The major indices are all there, but commodities in particular are a little light. Anyone selling a major asset will be more than satisfied.
In late 2018, Highlow took steps to address their list of weak assets, and added UK and US Oil prices, and various indices including Nasdaq, S&P and CHN50. This trend looks set to continue as brands expand their offerings across the board.
Deposits And Withdrawals
HighLow offers a variety of deposit and withdrawal options, and the process is very professional. An important point to note is that all client funds are held in separate trust funds (not company accounts). This trust is managed by the National Australian Bank (NAB). This offers good peace of mind and shows the company operates transparently.
The most popular deposit methods are credit card, Neteller and wire transfer. All carry a $50 minimum deposit requirement. Credit card and Neteller transactions are instant. Wire transfers will return to the account on the same day, if done before 12pm on that day.
In addition to the popular options, there are also 40 other ways to deposit funds, including SoFort, PaySafeCard and GiroPay. All operating well for merchants. No delays or frustrating conditions.
Free Production
Production is a plus point for HighLow as well. Most of the same terms are used – the minimum withdrawal is $50 in all methods. Credit card and Neteller withdrawals are processed instantly. This means they cannot be canceled once requested. Wire transfers are processed same day where requested before 2pm (funds may take 1 to 3 days to clear). No withdrawal fees. There is no daily maximum withdrawal – only what their traders have.
Free production and fast processing. Top marks for HighLow on this one.