HighLow is one of the newest binary options brokers providing trading services since 2014. It is owned by HighLow Markets Pty Ltd and is regulated by Australia’s regulatory institution ASIC.Read Full Review
|Headquarters||Macquarie House 167, Macquarie Street, Sydney, NSW 2000, Australia|
|Support Number||1300 168 668|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$50|
|Minimum Trade Amount||$10|
|Free Demo Account||Open Demo|
|Deposit & Withdrawal Methods||Credit Card, Neteller|
|Number of Assets||20+|
|Account Currency||USD, AUD, JPY|
HighLow is a regulated Australian binary broker by the ASIC (Australian Securities & Investments Commission). The company is located in Australia at Macquarie House 167, Macquarie Street, Sydney, NSW 2000, Australia. However, payment processing is operated by their UK partner company, HighLow Markets Ltd, with a physical address at: 145 – 157 St. John Street, London, EC1V 4PW, United Kingdom. HighLow is rather a newcomer to the binary options industry, but so far it has a fine reputation and it is developing a good positions among the other reliable and trustworthy brokers.
The customer support team at HighLow has a good response rate and is available in English and Japanese. It can be reached by phone or e-mail, but only during the work hours, which are Mon – Fri, 8 a.m. to 6 p.m. AEST/ADST. The support number is 1300 158 668. For now HighLow’s support does not have live chat.
HighLow Trading Platform
The trading platform that HighLow uses is MarketsPulse, which is very easy to operate and even the novice traders would not find it overwhelming. The platform has a black, sleek design and it is extremely user friendly.
HighLow’s minimum deposit is 50 USD or AUD and this is one of the lowest minimum deposit amounts among the regulated binary brokers. The refund for winning trades is up to 85%, which is average for the industry. The minimum trade amount is only $10 and the maximum allowed amount is $1 000, which is great for both novice and advanced traders.
With HighLow you can trade currency pairs (Forex) and indices, but we are optimistic that since they are a rather new broker, they will be adding more underlying assets soon. The option types you can choose from are High Low Options, Spread High Low Options, Option on Demand and Spread on Demand.
HighLow Withdrawal and Deposit Methods
HighLow has several withdrawal and deposit methods you can use – Credit/Debit Cards, Wire Transfer and Neteller. The currencies you can use to fund your trading account are USD, AUD and JPY, but HighLow is currently adding more currencies, including EUR. Please note that once you choose an account currency, you will not be able to change it after registration.
The minimum deposit amount depends on the deposit method you choose. For AUD funded accounts the minimum deposit via wire transfer is only 10 AUD, however if you choose to deposit via credit card or Neteller, the minimum deposit is 50 AUD. If you choose to use USD as your account currency, the minimum deposit amount will be 50 USD for every deposit method.
There is a minimum withdrawal amount of $50. If you are withdrawing via wire transfer, you will be charged a processing fee of $20. The fee when withdrawing with Neteller, debit and credit card is 1.5% from your withdrawal amount. The withdrawal process is very fast, it is stated on their website that it takes 1 to 3 business days for the money to be transferred into your personal account.
HighLow Mobile App
With HighLow’s mobile application you can trade wherever you are. You can simply download the app on your tablet or smartphone and you will be able to trade on the go. The mobile app is available for all iOS and Android and you can download it from the App Store and Google Play for free. You will need iOS 6.0 or later and Android 2.2 or later.
With the app you can easily access your trading account and open new trades. You will be able to enjoy all the features of their web platform on your mobile, with the benefit of trading fast and easy wherever you are and whenever you want.
There are over 350 binary options brokers, so choosing a legitimate and secure broker is very important, if you want to enjoy reliable and safe trading. HighLow is regulated by the Australian Securities and Investments Commission and holds a license with number #364264. Being a licensed broker, HighLow has to strictly comply with ASIC’s laws and regulations. Australia is among the most difficult regulators, which means that in order to get their license HighLow has met their strict requirements.
HighLow hold the traders’ funds in segregated account, separately from their own funds in the Australian bank NAB, which ensures the safety of their clients’ money. Also, the website uses a SSL security protocol which encrypts the clients’ payment information and it is internationally recognized security measurement.Visit Broker