HighLow – 2020 Traders’ honest review –

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HighLow – Australian broker review

HighLow

  • Minimum deposit: $ 10 ($50 when using payment card )
  • 50% cashback on the first trade/s
  • Free demo account
  • Profit up to 200%

High-Low is an Australian broker founded in 2020 on the platform of Market Pulse under the regulation of ASIC. Unlike the majority of other brokers, its registered office is in Sydney where it is also regulated. The minimum investment with the broker highlow is $ 50, to which you get additional cashback worth $ 50, which is in fact nothing else than risk free trades.

Though High-Low is a good broker, we recommend IQ Option, whose minimum deposit is even lower ($10) and their platform is also excellent. However, if you use High-Low to test your first trades, you do not have to fear. The profits this broker offers are above-the-standard, 88% for binary options (for the majority of assets) or even 100% (for spread options) and 93 % for short term options.

HighLow.net Trading Platform

High-Low uses an in-house platform not well known in the market. The platform called Market Pulse is very fast, but with a limited number of assets to be traded. Traders can start to trade with as low as $10. The overall impression of the smooth platform is very positive to me. In the recent months, the platform has been slightly modified, so the current look has changed for the better.

As a disadvantage I would point out a small number of assets offered for trading (25) and the impossibility of navigating through the chart. This is more or less the issue of the broker and should not necessarily concern you, if you use Meta Trader. More information about the Meta Trader software is available here: Series on Meta Trader. We strongly recommend that all of you who have not read the series should do so.

The higlow.net’s new platform

  1. The platform offers trading of spread options with the profit of 100 %
  2. Conventional options report profit of 88 % and short-term options (minute trading) even more – 93 %
  3. The platform offers the option to “buy-you-out” of your trades, which means closing the trade before it’s expiration for both profitable or losing trades.

HighLow Demo Account

A great thing is the possibility of using a demo account to test the broker’s platform immediately after a free registration without any time limits. You do not have to invest money (as with other brokers) and the demo account is available instantly. The quality of the demo account is good and its “intentions” honest, unlike the demo of Binary Options Robot.

However, if you don’t feel comfortable using High-Low’s demo account you can use the demo account for free at our website – xbinop.com (demo). We do not require any registration or things like this. You can start trading immediately, which surely comes handy at times.

Broker Info Bonus Open Account
USA Allowed No
Assets: 22
Payout: Up to 100%*
Demo Account: Yes
Min Deposit: $ 50
Only for Australia Trade Now! Read Review

High-Low’s bonus: instant cashback of $50 free of charge

Free cashback of $50 is a benefit both novices and experienced traders will appreciate. One could say that this is a risk-free trade, rather than a typical cashback. This practically means, that all your trades (up to the total of $50) will be either profitable or the broker will credit your account with money the trade lost. The cashback works without any further conditions.

This bonus is a great thing, indeed, because it does not push the trader to do more trades (as in the case of other bonuses that unregulated brokers offer). You can withdraw all deposited cash immediately.

It is true that CySEC has imposed a ban on trading bonuses. However, High-Low is not regulated by CySEC. This absence of regulation is logical because the geographic regions in which the broker is doing business and focuses on include mostly Australia and Japan (not Europe). But if you want to trade with this broker and you are from Europe, it is not a problem. Ever binary options trader with a minimum investment of the mere $50 will be eligible to the bonus promoted by High-Low on its website. So, don’t waste time and go do it!:-)

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  • Binomo
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Spread Binary Options

This broker offers trading of the regular high-low options, and also spread options. This type of binary options offered by High-Low to every trader is attractive because of the profit it offers. The profit is not 70 or 85 per cent, it is full 100%, regardless of the expiry time frame chosen by the trader.

The only drawback in this type of options is that the trader is somewhat disadvantaged against the broker. It is because the price must exceed the boundary of around six pips in the (call/put) option’s direction to generate some profit (ITM).

Overivew of HighLow.net spread options

Highlow Mobile Applications

Among other factors that position HighLow at the top are Android and iPhone mobile applications which you can conveniently use to trade regardless of your whereabouts. Fortunately, their mobile application is as fast as the web platform. Try it for yourself!

Broker Info Bonus Open Account
USA Allowed No
Assets: 22
Payout: Up to 100%*
Demo Account: Yes
Min Deposit: $ 50
Only for Australia Trade Now! Read Review

Highlow Deposit and Withdrawals:

HighLow offers many different ways to deposit funds into and out of your account. These include Visa, Mastercard, Wire Transfer, Amex, and Neteller. Deposits are usually done immediately, but withdrawals could take 1 day.

Minimum deposit is a low $50 when you use a credit card or Neteller, but if you use a bank wire transfer you can deposit as low as $10.

Minimum withdrawal is $50 and can be instant with a fee, or takes around 1 day without a fee.

Languages offered

There is only two languages offered by HighLow broker, and those are English and Japanese. Japan is the leading country for this broker, counting about 70 % of their traders (March 2020)

HighLow Pros

  • Broker regulated by Australian Financial Services
  • Minimum deposit: $ 10 ($50 when using payment card )
  • 50% cashback on the first trade/s
  • Free demo account
  • Profit up to 200%
  • Quick withdrawal
  • Options buy-out

HighLow Cons

  • Only for Australian traders
  • Small range of assets available for trading
  • The system does not enable differentiating time frames on the chart
  • No regulation by CySEC

HighLow – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

HighLow Details

✅ Broker HighLow
✅ Website URL https://highlow.net/
✅ Founded 2020
✅ Headquarters Sydney, Australia.
✅ Support Number [email protected]
✅ Support Types E-mail, Phone
✅ Languages English, Japanese
✅ Trading Platform MarketsPulse
✅ Minimum 1st Deposit $ 50
✅ Minimum Trade Amount $ 10
✅ Maximum Trade Amount $ 1000
✅ Bonus Only for Australia
✅ Payout Up to 100%*
✅ Free Demo Account
✅ Regulated
✅ Regulation ASIC
✅ Account Types Standard
✅ Deposit Methods Credit Cards, Neteller, Wire Transfer
✅ Withdrawal Methods Credit Cards, Neteller, Wire Transfer
✅ Trading Methods High/low, spread high/low, on demand
✅ Number of Assets 22
✅ Expiry Times 1 minute, 3 minutes, 5 minutes, 15 minutes, 1 hour, 24 hours,
✅ Types of Assets 17 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) and GOLD a 5 indices – AUS200, HKG33, JPN225, UK100, US30
✅ Trading Currency USD, AUD
✅ Account Currency USD, AUD
✅ US Traders Allowed
✅ Mobile Trading
✅ Tablet Trading
✅ Overall Score 4 / 5

Open Account!

27 Responses to “HighLow – Australian broker review”

Hello, im from malaysia.. ive been away for 1 months suddenly i cant access the trade area in highlow account. whats happening

Hi,IAM from Namibia , Africa,can I trade with high low broker

Hi Marri, unfortunately, since May 22nd 2020, this broker doesn’t allow any registrations from outside of Australia.

How come I can only withdraw my deposit money of £50 to my credit card when I have £84.53 in my account balance. Can you please tell me what is happening and what I can do?
thanks

Hello, the minimum withdraw is 50 so you should be able to withdraw this, it’s weird that you are not. Did you get any message or info on why you can’t do it? Let us know, thank you.

I lost an incredible amount of Funds to the fake Binary option Brokers, It all started from a phone call and after some persuasion I decided to invest, after months of constant investment I decided to ask for a payout this was the beginning of my turmoil, to my dismay I was still asked to invest more. Being a Single Mother of 3 kids this really affected me and despite all efforts to contact them failed.

Hello, Kate, we are really sorry to hear that story. Were you able to get your money back or not? You are talking about HighLow exactly or any other broker? Let us please know more about your story. Thank you so much! And be more careful next time.

From peoples comments and experience I’ve read on here, I think they are another scam because any legit company would easily pay out money the same way they easily received it. Its the same thing i faced with IQ options, and after they noticed their trials to convince me wasn’t working anymore and i was adamant on getting withdrawal, they requested for documents and later stopped replying to my emails. over 8months i kept trying different sources on how to get my money back.

Hello, thank you so much for sharing your experiences. My own experience with IQOption and HighLow is just good, I have never had a single problem with any of these two brokers and I was trading with them around 3 years, which is a long time. Was you able to get your money back or no? Let us please know and share your story with us. Thank you so much and have a nice day!

Hi,is anybody knows if Europeans can trade on HighLow after 2nd of July

Hey �� People from Europe Union can’t trade with broker High Low anymore.

HighLow Review and Tutorial 2020

Go to the Brokers List for alternatives

HighLow Facts & Figures

Based in Australia, HighLow offer a superior binary options experience. Regulated by ASIC, the firm run an honest and transparent service with a great platform.

HighLow offer cryptocurrency trading via binary options with daily expiries across 5 cryptos. Trade crypto with fixed risk.

As an ASIC regulated broker, HighLow are one of the most trustworthy Binary options brokers. Customer service is also a clear strength and sets them apart from rival firms in the sector.

Instruments Crypto, Binary Options
Demo Account Yes
Min. Deposit $50
Min. Trade $1
Regulated By ASIC
MT4 Integration Yes
Mobile Apps iOS, Android and Windows
Auto Trading No
Trade Signals No
Islamic Account No
Cryptocurrency
Spread Binary spreads
Coins BTC, ETH, XRP, BCH, LTC
Binary Options
Payout Percent 200%

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.

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.

In late 2020, Highlow did begin to address some of these issues, adding a range of new assets, including UK and US Oil prices, and indices such as the CHN50, Nasdaq and S&P.

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.

Accepted Countries

HighLow only accepts traders from Australia, Japan, China.

HighLow – 2020 Traders’ honest 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.

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.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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