HighLow is a licensed and trusted broker based out of Sydney, Australia. It is regulated by the Australian Securities and Investments Commission (ASIC). They offer industry-leading payouts and offer a no deposit, signup binary options demo account – ideal for developing a trading strategy or beginners.

With a state-of-the-art platform, instant withdrawals, a powerful mobile trading app, and full regulation, HighLow offers a great broker for both beginners or novice traders as well as advanced trading veterans. Australian regulations are stronger and more reliable than certain European regulators. That said, HighLow offers a high level of customer care and has great trader satisfaction feedback.

HighLow Review

Important facts:

  • Minimum Deposit: $50 USD / $10 AUD
  • Payout: up to 200%
  • Demo account: yes (no deposit, no signup)
  • Regulations: Yes. ASIC (Australian Securities and Investments Commission)
  • Bonus: $50 cashback

Trading platform

When you log in to HighLow, you are presented with a unique trading platform. It has an individual look and feel while retaining many of the familiar options and features.

Various tabs allow you to select expiry times, and on the left is a drop-down menu for all assets and markets. Beneath these selections is a larger “shortest” asset, which can be easily adjusted to reflect the most traded markets.

High trading area

 

 

The chart below updates as you select or highlight an asset or market. This shows the current price level, trader sentiment, payout and expiry countdown. The graph also displays the points where trades are made.

All important trading buttons are on the right. Here, the user adjusts the trade size, selects the direction of the trade, and presses the ‘invest’ button to confirm the trade. Open trades appear in the ‘Open Positions’ window below the price chart. Users can opt for ‘1-click’ trading if they wish. This removes the invest button and larger high and low buttons open trades with one click.

It is a very simple and easy-to-use trading platform. The price graph shows which way the market must move in order for the trade to win. This reduces the chances of trader mistakes. As expected, use ‘high’ and ‘low’ on the trade buttons instead of up/down or call/fill.

One of the downsides of the trading area has to do with charts. Not much flexibility or advanced technical analysis. However, this is common among binary brokers. Traders interested in technical analysis often use separate charting software such as MT4 (MetaTrader4). But it’s worth noting.

current activity window

 

 

All open positions are listed in the Current Activity window. It also displays a ‘sell’ option and a current ‘expiring payment’.

Trade options and assets

HighLow’s selection provides good options for traders. The list of assets isn’t as extensive as some of its competitors, which is certainly something the brand looks to improve on.

option type:

  • High/low – didn’t they deliver? Standard binary trades – where the asset price completes above or below the current price. Expires from 15 minutes to ‘End of Day’ expiration.
  • High/Low Price – As above, but the difference is in the payout and strike price. The payout on the ‘spread’ option is 100%. However, traders need to configure spreads. So if UK100 has a current market price of 7294.8, it could give traders 7295.1 higher and 7294.5 lower. This extra margin is where brokers make money and can provide 100% payouts.
  • Turbo – Again, these follow the same process as the standard high/low options. Turbo, however, is a very short time frame. So 30 seconds and an expiration of 1,3 or 5 minutes.
  • Turbo Spread – Short Expiration High/Low Option – Spread between Current Market Value and 100% Payout

high assets and markets

The asset list includes stocks, commodities, indices and forex. However, the only comprehensive category is forex. The depth of other classes is less than what competing companies offer. All of the major indices are present, but commodities in particular are a bit light. Anyone who only trades major assets will be satisfied.

At the end of 2018, Highlow took steps to address its weak asset list, with UK and US oil prices as well as Nasdaq, S& Added various indices including P and CHN50. This trend will likely continue as brands expand their offerings across the board.

Deposit and Withdrawal

HighLow offers a variety of deposit and withdrawal options and the process is very professional. Importantly, all customer funds are held in separate trust funds and not in company accounts. The trust is run by the National Australian Bank (NB). This provides peace of mind and shows that the company operates transparently.

The most popular deposit methods are credit card, Neteller and wire transfer. All require a minimum deposit of $50. Credit card and Neteller transactions are instant. Direct Deposit will credit your account the same day if you take action before 12:00pm on the same day.

In addition to these popular options, you can deposit funds in almost 40 other ways, including SoFort, PaySafeCard, and GiroPay. All operate on good terms for merchants. No delays or frustration requirements.

Free withdrawals

Withdrawals are a plus point for HighLow. Almost the same conditions apply. The minimum withdrawal is $50 on all methods. Credit card and Neteller withdrawals are processed instantly. This means that once requested, it cannot be canceled. Bank transfers are processed the same day as requests made before 2pm (it may take 1-3 days to clear funds). There are no fees for withdrawals. There is also no daily maximum withdrawal, only what the trader has in their account.

Free withdrawals and fast processing. HighLow’s top marks in this regard.