HighLow Review – Are HighLow A Scam Must Read Review For UK Traders

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HighLow

Broker Name: HighLow
Platform: MarketPulse
Founded: 2020
Bonus: VIP Welcome
Return/Refund: 75-85% /0%
No. Of Assets: 25
Regulated: ASIC
Demo Account: Yes
Minimum Deposit: 50
US Traders: Not Accepted

HighLow Review

HighLow is a trusted broker, owned and operated by HighLow Markets PTY Ltd, a financial services firm registered and regulated in Australia by the Australian Securities and Investments Commission under Australian Financial Services Licence (AFSL) number 364264. Their Australian Company Number (ACN) is 143 553 628 and their Australian Business Number (ABN) is 85143553628. It is important to note that the registration date for the ABN and ACN is 2020 and that is a very long time in binary options.

Editor’s Note: Why HighLow Doesn’t Suck in 50 Words

This broker doesn’t suck for a couple of reasons including transparency, regulation, trading and bonus terms (cashback). There are no hidden agendas here, no shady account managers and no onerous bonus terms. Instead, you have a broker operating in line with Australian financial regulations, an easy to use and trustworthy platform and a bonus that is actually that, a bonus.

Why HighLow Might Suck

This broker might suck because you won’t find all the exotic options like range, boundary, hyper, ladder, one touch or no touch. You also won’t find long-term expiry over one day as they seem more focused on fast trading. Another downside is the very limited number of assets (only 35) and just 5 cryptocurrencies.

Is HighLow A Scam?

HighLow is Not a Scam. If it is a scam, then it is perpetrated in conspiracy with Australian regulators and I just don’t see that happening. The company shows great transparency, as seen from the section above and it’s worth noting that all information I’ve just given you is available right on their website so I didn’t have to do much detective work, like in the case of other brokers. All I did was to confirm the information on the regulator’s page – everything checks out.

At the same time, the bonus (cashback) terms don’t indicate scam to me, in fact, quite the opposite, but you have to read on to find out what I mean. Until then, it suffices to say that any complaints you may find are trivial and/or the product of negative marketing.

Should I Open An Account With HighLow?

If you are looking for a respectable broker (the owning company is registered since 2020), with easy, and I mean easy, bonus terms as well as payouts up to 200% then I would say yes, you should definitely open an account with HighLow.net. Considering that most of the times I need serious detective skills to do proper binary options broker review, writing about HighLow.net was a breeze. I didn’t have to search the darkest corners of the internet to find out the name of the company, I didn’t have to read all their Terms and Conditions document to see if they have hidden strings attached. Nope, everything is out in the open, what you see is what you get, so kudos to HighLow for that.

The broker is built on the Markets Pulse platform, a full-service white label platform that we haven’t seen too much of until now. I think that will change. They offer the good old High/Low trading, High/Low Spread, Turbo, and Turbo Spread. The high/low is standard binary options presented on an easy to use the platform. The spread high/low is the same except the asset must close above or below a spread amount, usually, only a few pips, to finish in the money and earn a payout of 200%. Normal high/low pays in the range of 85%. Expiry is mostly short term. The longest is one day, which equates to a 24-hour expiry from time of purchase. Others include 30 seconds, 1 minute, 3 minutes, 5 minutes, 15 minute and one hour.

HighLow also has one of the easiest to get Demo accounts I’ve seen. You just click a button! That’s it; you don’t have to sign up, you don’t have to deposit, you don’t even have to give them your e-mail. All you do is click on “Quick Demo” and you will get a 10,000 virtual money account to play with. I don’t know if the demo is time-limited but it doesn’t really matter because clicking again on the button shouldn’t be much trouble.

On the other hand, if you want a real account, the minimum deposit is just $50, which is among the lowest in the industry. I never understood why brokers won’t let people just deposit low amounts (like 50 bucks). Surely, if the brokerage is offering a great service, clients will then deposit more, but let us invest small at the beginning until we get to “know” each other. Overall I like HighLow because they don’t seem greedy… yeah, I think that’s the main reason. They offer a service, which I consider excellent and then let you decide if you want to continue using it; they don’t tie you with bonus turnovers, they don’t make you deposit a lot and they offer a free demo (no deposit and no registration required). And let’s not forget the very important aspect of regulation: Fully Regulated by ASIC, with your money held in a different account than the company’s money. This is how brokers should do things!

Their Australian headquarters are located at Level 14, Macquarie House, 167 Macquarie Street, Sydney, NSW 2000, Australia. It is also very important to note that these are physical addresses, not virtual offices, so traders can visit them just how they can visit a bank. Payment processing may be operated by their UK subsidiary, Highlow Markets Ltd, Level 4, 13 Regent Street, London, SW1Y 4LR, United Kingdom.

While regulated, they will accept clients from anywhere in the world (where such distribution is permitted by the laws of the country) but regulation only applies to Australian citizens.

HighLow Complaints

There really aren’t a lot of complaints on this broker. That’s maybe because they do things the right way, without the use of scams or bonuses and without annoying, high-pressure tactics. This doesn’t mean this is a perfect broker, just one that isn’t rocking the boat isn’t ruffling feathers.

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HighLow Regulatory Warnings And Announcements

18.11.2020: HighLow Markets PTY Ltd appeared on a list published by Japan’s Financial Services Agency (FSA) that contained names of entities that operated financial instruments businesses without proper authorization. We’ve already mentioned before that HighLow regulation only applies to the territory of Australia so this warning is not a great surprise. However, we couldn’t find HighLow Markets PTY on FSA’s updated warning list (December 2020) which means they’ve probably solved the problem. Source for original FSA warning: FSA Weekly review No. 171.

HighLow Bonus

The HighLow.net bonus is one of the few in the industry I actually like. It is not a lure, a trick or a trap. It is a reward for trading, a real bonus, that you can get in two ways. First-time depositors can get $50 cashback on their first trade, after that you earn points through trading that can be redeemed for cash back once a month. The terms, enjoy the money. Once this bonus is redeemed and in your account, it is yours, without any strings attached.

HighLow Withdrawals

Withdrawals are super easy. They are processed within one business day if you are using Neteller or Bank transfer and in real-time for Visa/Mastercard. The minimum withdrawal is $50. There is a 1.5% fee for Visa/Mastercard/Neteller withdrawals and $20 for Bank transfers.

HighLow Extras

The Free Demo is the best one I’ve seen yet. No email, no registration, no deposit, just click a button and get $10K virtual money. Great stuff!

HighLow Ratings

User Friendly 17/20

This platform is super user-friendly. It is transparent, it’s regulated and it is easy to use. There are lots of educational materials as well, and a very friendly bonus policy. The minimum investment in a single trade is $10 (max $2,000), which is great for newbies because they can start small. Also, mobile apps are available for iOS and Android, so you can trade from anywhere. The website is translated into 3 languages.

Number of Assets and Expiry 16/20

Assets and expiry are both limited but not deal breakers. Their asset basket is composed of only 35 underlying, including 5 cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash). Expiries tend to the short term: 30 seconds 1, 3, 5, 15 and 60 minutes with one day as the single long-term choice.

Commissions, Support and Effective Returns 17/20

There are no commissions to open trades, just like with any broker, but you will have to pay a 1.5% withdrawal fee for credit card and Neteller withdrawals and a $20.00 fee for wire transfers. It is very important to note that withdrawals via credit card are processed in real-time and Neteller/Bank within one business day. Support is OK, they have plenty of resources, but no account “managers”. Returns are good, standard binaries return in the range of 85%, the spread options go up to 200%, which is really nice.

Deposit, Payments & Bonus 17/20

Deposits are easily made, through credit card, wire or e-wallet. Neteller is the favored e-wallet but you can choose from other 35+ methods (some may become available depending on your region), so I am sure you will find your preferred one among those. The minimum deposit is $50. Payments are processed instantly or during one business day depending on the chosen method. The bonus terms are fantastic. You don’t get the bonus upfront, tying up your deposit and profits, you get it after, as a reward for trading or in the form of cashback upon first deposit. Points you earn also include additional deposits you might make.

Website Extra’s 16/20

HighLow is a straightforward and honest broker, simply trying to deliver binary options to us traders. They are fully regulated and they offer segregated accounts, meaning that your money is held in Client Money Trust Accounts with National Australia Bank (NAB), an AA-rated top-tier bank, not in the same accounts as the company’s money. Oh, and did I mention the amazingly easy to get 10,000 USD Demo? Yup, I did but I had to do it again.

HighLow Review

HighLow Binary Options

This Highlow review is about a very special options broker HighLow that differs from the rest brokers in the industry through its interesting trading conditions.

It is not surprising that binary options became very popular recently because of their trade simplicity and convenience. For many they might be one of the most profitable and comfortable ways of investing. The brokerage company HighLow makes binary trading very accessible, thereby you can start trading only with $10 or try a free High Low demo.

The HighLow brand is owned by HighLow Markets Pty Ltd, which is regulated under Australian Financial Services License (AFSL 364264). According to the latter, this company has to meet very strict requirements in implementing of internal financial procedures concerning accounting, staff training, risk management, as well as audits.

The official site supports only two languages at the moment – English and Japanese, nevertheless there are traders from most countries of Europe, Asia, Africa, South America.

High Low Options

HighLow binary options are very accessible and understandable. The algorithm of trading is the following: you have to select an option and make a reasonable assumption about the direction where this option moves at the expiration moment higher / lower than the price at the beginning of the trade. Then you need to click on “Invest” button to make an investment and wait until the option ends. Here in our Highlow review, we will discuss 4 available option types, which can be used on the broker’s platform, as well as at High Low demo.

It is good to trade this type of option when a trader expects some large market movements of an asset. Investor will get a higher payout that can reach up to 200%. Spread HighLow (bid/ask) is a typical method of financial investing that is similar to Forex.

This kind of HighLow binary options is suitable for investor who is interested in short-term trades where there are very small price fluctuations. HighLow payouts can vary from 175% till 190% from the amount of investment, which is very attractive to traders.

Options on Demand

Choosing this High low options type, clients have freedom to select the time frames for their trades. Here, the expiration period can change from 60 seconds to 5 minutes and that is quite flexible as it gives more comfort to manage trading according to investor’s liking.

Spread on Demand

It incorporates a bid/ask spread similar to HighLow spread. It allows investors to make most of their trades when the market has large price movements. With this option, you can start your trade when it is more suitable for you and expect the maximum return.

Hours for trading, which our team can list you in this Highlow.net review are from 9:00 am Monday till 8:00 Saturday AEST, but for details you need to check the option schedule on the official broker’s page.

Please be informed that the certain products and/or multiplier levels may not be available for traders from European Economic Area countries due to legal restrictions.

Highlow Review and Tutorial 2020

HighLow are binary options specialists. Regulated by ASIC in Australia the firm enjoy an honest reputation with a great trading platform.

Highlow Facts & Figures
Demo Account Yes
Min. Deposit £50
Min. Trade £1
Regulated By ASIC
MT4 Integration Yes
Mobile Apps iOS, Android
Binary Options
Payout Percent 200%

HighLow are fully regulated broker based in Sydney Australia. Regulated by the Australian Securities and Investment Commission (ASIC). They deliver high payouts and offer a ‘no deposit, no sign up’ binary options demo account – great for beginners, or anyone developing strategies.

With a slick trading platform, quick withdrawals, a well though out mobile trading app and full regulation – HighLow offer a great choice of broker for both novice traders, or more advanced trading veterans.

Overview

In an industry which has been receiving a lot of bad press recently, it is refreshing to see a few companies have managed to rise above the furore in the binary options trading industry. Owned and managed by an Australian holding company called HighLow Markets Ltd, HighLow has become one of today’s leading binary options broker.

With their corporate headquarters located in Sydney, Australia, HighLow is one of the few remaining binary options brokers that are still going strong. Since its inception in 2020, HighLow has been serving clients from all over the world. And over the years, the broker has earned a reputation of being a transparent and trustworthy broker. It is one of the handfuls of binary options brokers in the world that does not have a call centre operation. In other words, this broker does not pursue aggressive marketing tactics for its products and services.

Regulation & Reputation

As mentioned earlier, HighLow has earned a reputation among binary traders in the online trading community as being one of the few brokers that is trustworthy and transparent. While the bulk of the binary options brokers around the world have opted to shift their operations to a tax haven country in the Caribbean, HighLow has chosen to remain in Australia under the jurisdiction of the Australian Securities and Investments Commission (ASIC). ASIC is one of the few financial regulatory bodies in the world that is highly regarded in the financial industry as being strict, as well as professional. In other words, HighLow is able to offer its clients the peace of mind that their money will be safe with the broker.

Trading Platforms

For access to the financial markets, HighLow has opted to adopt the white labeled trading platform provided by Markets Pulse. While the trading platform does not have as many features as the popular SpotOption binary trading platform, it is well designed to suit the needs of traders who are just beginning to take up online trading.

The trading platform allows its users to trade the binary options market with 5 different types of option contracts namely High/Low options, High/Low spreads, Turbo options and Turbo spreads options. The main difference between the normal option contracts and the spreads options contracts is the fact that the expiry for the latter is extended to cover a range of prices rather than a single price level.

As for turbo options and the High/Low options, the expiry time for the former are from 30 seconds to 5 minutes while the expiry time for the latter is on an intraday basis.

HighLow Login and Trading Platform

The main price chart area will update once an asset is selected. It will reflect the latest market prices. It also shows the trader sentiment, payout and the countdown to expiry. There is also a vertical line showing when a trade must be placed by.

The trading buttons are on the right of the trading area. You can amend trade size, select the direction of the trade (high or low) – and press the ‘Invest’ button to confirm. Active trades immediately appear in the ‘Open Positions’ window. This sits beneath the price chart. You can select ‘1-click’ trading if desired. This gets rid of the invest button, but creates larger High and Low buttons. These will open a trade immediately in ‘1-click’ mode.

The trading platform is clear and simple to use. The price graph also highlights which direction the markets needs to move in order for a trade to win. This reduces the amount of trader mistakes. The firm use ‘High’ and ‘Low’ on the trading buttons (rather than Up/Down or Call/Put) – which should not be a surprise!

A negative of the trading area is the charts. There is little flexibility, features or options for technical analysis. This is a common fault among among binary brokers. Traders keen on technical analysis would be better off using separate charting software such as MT4 (MetaTrader4).

Mobile Trading

Apart from the web-based platform which is accessible through any web browser, High/Low has also ensured that traders who are unable to trade from their desktop trading terminal can also trade from their smartphones and mobile devices, by downloading a mobile trading app. Traders can also check out their account status and keep themselves updated with a live news feed that is streamed through the mobile trading platform. The mobile app is free can be downloaded from Google Playstore or Apple App Store.

Trading Accounts Offered

In terms of trading accounts, HighLow has opted to depart from the binary options industry’s traditions of providing traders with a choice of several different types of trading accounts. With HighLow, there is only one standard type of trading account which anyone can open by completing the registration form and making a minimum deposit of $/£/€50. For traders in Australia, a token sum of AUD$10 is required.

As for traders who are unsure of whether to commit to a signing up with HighLow, they can actually opt for the demo account first. The demo account is provided free of charge by HighLow and does not even require you to register.

Bonuses & Promos

As for bonuses, HighLow offers a free cash back offer of $50 for all trading accounts which have been approved.

Instruments

While the services at HighLow are exceptional, we noticed that they are a little lacking with regards to the list of available underlying assets. Their asset list is not as extensive as what most binary brokers are offering in the industry. Currently, HighLow has only 43 different types of assets. Nevertheless, the available assets are able to cover different asset classes such as currencies, commodities, and market indices.

Customer Support

Customer support is another area which HighLow is sorely lacking. At present, you can only contact their support team through email and the telephone. As for telephone support, the service is only available on weekdays from 09:00 to 04:00 (AEDT/AEST time).

Deposit & Withdrawal

For the convenience of their traders, HighLow has provided support for a wide array of payment methods. Fund transfers can be made through bank wire transfer, credit cards or ewallets. All major credit cards such as VISA and Mastercard are supported. For eWallets, HighLow accepts transfers through Neteller, Poli, Sofort, PaysafeCard, GiroPay and soporpay. Withdrawals can be done through the above mentioned methods as well. But it should be noted that there is a minimum withdrawal amount of $50. The typical withdrawal processing time takes one day, if the request is made before the 2pm cutoff time.

Are HighLow Best For Day Trading?

As a day trader, you are looking for a broker that can provide you with the ability to open and close trades within a short span of time. This is possible with binary options as the expiry time can be as short as 30 seconds. In other words, HighLow is a suitable broker for a day trader.

What is the minimum deposit requirement to open a trading account?

For Australian based traders, the minimum deposit requirement is merely AUD$10. As for international traders, the minimum deposit requirement is $/£/€50.

How fast can my withdrawal request be processed?

Withdrawal requests at HighLow are processed on an intraday basis if the request is submitted before the 2 pm cutoff time.

Is HighLow a reliable broker?

Yes. HighLow is a reliable broker as they have been operational for a few years. In addition, the broker is regulated by the Australian Securities & Investments Commission.

What kind of trading platform does HighLow have?

HighLow uses the white labeled trading platform supplied by Markets Pulse.

What is the maximum leverage available at HighLow?

With binary options trading, there is no leveraging of trades. As such, HighLow does not offer their traders any form of trade leveraging.

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