HighLow is an interesting and regulated binary options broker. Our decision to review this broker is driven by the fact that we feel that is an excellent opportunity that traders in Asia, Middle East, Africa, Australia and Europe can take advantage of. US traders are, however, unable to trade with HighLow, but they are always free to use other brokers with support for US trading.
The HighLow website is intuitively designed, making it easy to use and it doesn’t overwhelm users with lots of information streaming. The main focus of the website is on binary options trading services. With an excellent trading interface, you are bound to have a lot of fun with it, just as we did, when we were doing a HighLow review. If you are interested in knowing the various terms and options of this binary broker service, be sure to read the rest of the HighLow review.
HighLow Account Features
HighLow is owned by RCTM – an Australian based company with Australian Financial Services License Number (ASIC) 364264. Some of you may wonder why we consider regulated status a review when reviewing this service. The response to this is straight forward, and it is because a regulated broker is required to ensure more customer protection facilities such as compliance to a state customer protection agency, definite protocols in case of complaints, segregated funds, ensuring customer deposits and much more.
It is thus a nice opportunity for traders who prefer trading with AUD to join and benefit from the additional perks that HighLow is currently offering. The staff at HighLow has various unique promotions which are great benefits to both present and future customers. For instance, there is a $50 cash back promotion on your first trade.
Again, the product itself can be considered as a special feature. In the past, we have always discussed such topics in our Software and Assets review section, but for HighLow review, we had no option but to make a brush at the advanced binary options types it has in store for you. It is possible for a trader to achieve up to 100% and more with HighLow and 200% and above with the on-demand options. You will also be pleased to know that with HighLow, it is not only the expiry time that matters, but also the spreads allow traders to have greater control of the outcomes of their trades.
You are free to test these and many other amazing features without any hassles or even the need to make a deposit since HighLow offers a demo account, which operates on the demo mode for the entire website. It also doesn’t limit the amount of time you can be on the HighLow demo and you get up to a maximum of A$10,000 virtual currency to play around with on the demo account.
HighLow Trading Software
The High Low trading interface is one of the most intuitive and friendliest ones you will ever come across. The trading is also designed in such a manner that it just flows. You will find the binary options types at the top of the bar, with the second row having the preferred expiry times. The binary options presented are in a feature known as binary options carrousel and this makes it possible to browse easily and with great access to the most important information available. We found this feature to be very convenient when we were doing our trading for the HighLow review. One of the first options that users can choose is the traditional, digital, high and low binary options.
With HighLow trading, traders are able to realize up to 90% ROIs with these instruments, and this can happen irrespective of the amount deposited, starting from as little as A$10. This is without any doubts the highest possible returns available in the industry for such kinds of instruments.
The first binary option is also possible with HighLow for the traders who prefer such. All they need to do is to choose the “Options on Demand” tab with expiries of 5 minutes, 90 seconds or 60 seconds. During the HighLow review, we discovered that Options on Demand can sometimes be very versatile and flexible at the same time. It can work well for traders who like taking advantage of short term patterns as well as some dynamism in their trading environment.
Forex type spread high-low trading is the second type of binary option available with HighLow broker. Spread trading is ideal for investors with high-risk appetites but also keen on getting returns of up to 100% and above. Spread on demand options can make traders feel more adrenalin rush when they decide to shorten the expiry times.
One of the benefits of working with regulated brokers is that they have secure first class data streams which cannot be easily manipulated. The other interesting feature is the Trader’s choice of the indicator at HighLow used for assessing the market sentiments. We were able to find out how the indicator works during our HighLow review. The feature is located on the left side of the trading window and it continually avails updates on the market sentiments.
After four trade actions, Trader’s Choice will appear and it will be updated every one minute for 15-minute options, five minutes for the hourly options and every 15 minutes for the daily options. A trader may decide to hide or show the feature and in this manner, they will be sure it is coming from the choices being made by their colleagues.
HighLow broker also has a Smartphone app on the go, making trading success to be just a few touches away. The HighLow mobile app is available for both android and iOS devices.
HighLow Support Information
Our HighLow broker review confirmed to us that the customer care service is indeed available. This is not just because it is a regulated broker, hence, must have a clear channel of communication in case of complaints. But it is because the process is unnecessary since HighLow has a rich FAQ section which goes into great details to give explanations for most of the potential concerns any customer may need the support staff for.
Should there be the need for a customer to contact the support, they can do so via email, which has been given priority over the other channels. There is also a phone contact for traders who are in a hurry or need to contact support urgently. It is, however, disappointing to note that there is no live chat for support with HighLow.
The broker supports Japanese and English and accepts traders from all over the globe, with the United States being one of the exemption.
HighLow Company Information
HighLow is focused mainly on Neteller for depositing, though it also accepts credit cards, with A$50 being the minimum amount of deposit which can be made. Since everything is done electronically, depositing is quite easy.
HighLow also allows Bank Wire transfers, with the minimum deposit amount being A$10.
The minimum amount that can be withdrawn is A$50 and withdrawals via Neteller are instant with a 2% transaction fee. Withdrawals through Bank Transfers will be processed immediately, though they take up to 3 working days for settlement. Unfortunately, withdrawals are not possible via credit cards.
As noted at the beginning of the HighLow review, customer accounts at HighLow are segregated from the accounts of the company. The accounts are also held according to the Corporations Act 2001 (Common Wealth of Australia) and other relevant laws and regulations.