HighLow belongs to ASIC regulated brokers, meaning traders from Australia are welcome to register and trade with this brokerage company. There are many traders that ask if HighLow broker has a demo account and in this article, we will present all information from our deep analysis about demo feature.
If you are considering registering with HighLow broker, you have the opportunity to test your trading skills first because this broker has ensured traders get the insight into their trading platform, even before they place real trades. Find out more about HighLow demo in further text.
Traders who want to find out more about HighLow broker can read our HighLow broker review here. We have analyzed all important facts that will be useful when deciding on trading with this broker.
Does HighLow has a Demo Account and is it Free?
Yes, HighLow broker is supported with the demo feature. Besides it is regulated with ASIC, traders have the opportunity to sharpen their trading technique.
One of the first aspects we have inspected was the fact if HighLow demo account is free or not. It didn’t take a long time to see that traders don’t need to pay anything in order to get HighLow demo toll. Even better, after we have visited HighLow website and found demo button, we have decided to test it.
Do I Need to Register and Deposit in Order to have a HighLow Demo Account?
No, you don’t. HighLow is one of the rare binary options brokers that allow traders to start using demo account even before they make registration with them. This means that traders just need to visit HighLow website and begin trading with the demo. Just go to HighLow website and choose “Resources” tab where you will see Quick demo button. Traders don’t need to provide their email address or any other personal information.
HighLow has focused on training and educating their traders before they start investing real money. We strongly support this decision and hope that more brokers will follow HighLow and do the same.
HighLow Demo Account for Both Beginners and Experienced Traders
No matter if you are a complete newbie or experienced in trading binary options trading with HighLow demo account can’t hurt you at all. The only thing you can lose with a demo account is time because traders can’t lose their money, at least not the real one.
When logged on the HighLow demo platform, traders will be able to see the same thing as those traders that have registered with real HighLow account. This way traders can make a research and find out what options they have with this broker. It is always important to know the trading platform you are about to invest your money. HighLow demo account enabled traders to place real trades with virtual money, which means there is no risk if you made a mistake.
How Much Money do I have with HighLow Demo Account? Traders that decide to go with the HighLow demo option are granted ith $10,000 of virtual currency. Looking from our perspective, this amount is more than enough, at least if you don’t plan to place the whole amount on one trade.
Traders that spend all their virtual money amount can close the site and just try again and do it for as many times they want. This is great because most brokers allow their demo features for specified period of time so they can’t practice as long as they want.
How does the HighLow Demo Platform Looks Like?
The demo platform looks exactly like the real platform is like. The goal of HighLow demo dashboard is to get familiar with the menus and the options and charts available. Because of that traders have the same platform as they will have after they register with HighLow.
The HighLow demo interface has a dark background and yellow charts. We think it is very user-friendly and simple to use, even for beginners.
The upper part of the platform shows the available trading options so traders can pick the option they want to trade with. HighLow is supported with High/Low, Highlow Spread, Turbo and Turbo Speed options. Every of those options is equipped with different expiry times and assets.
HighLow allows traders to choose between:
- 30 seconds
- 1, 3, 5 minutes
- 15 minutes
- One hour
- One day
Traders are welcome to pick between a vast amount of stocks, indices, commodities and currency pairs. Traders can play around with the platform and mark the favorites according to their preferences.
Below the menu traders can see a simple overview of the chosen assets, the expiry time, payout, current value and tie when the trade will close.
The rest of the HighLow platform is reserved for the chart and executing trades. The trading chart is very simple which might definitely help those who are new with binary options. The right side of the HighLow chart allows traders to enter the investment amount and choose the direction the asset will go. Yellow button “Invest” activated the action and executed chosen trade.
Open the Real HighLow Account After Practicing
Some traders need more time, some need less time for practicing. HighLow broker allows traders to practices as much as they want and to use their educational materials in order to understand the whole process of binary options trading.
Those who feel they can start trading for real can register with HighLow and start investing real money. HighLow broker is a really extraordinary broker and it allows traders to start trading from just A$10. This minimum deposit is considered to be below the industry average as the average is between $250 and $300. The minimum trading amount with HighLow is also A$10. The broker allows up to 90% payouts which are pretty high.
HighLow broker is present in various countries and it is especially known in Australia, South Africa, Europe and the Middle East. Unfortunately, HighLow is not supported for US customers. Traders that decide to trade with this broker will have the opportunity to place trades on the MarketsPulse trading platform.