Highlow Review

Regulated by ASIC

  • Regulated by: ASIC
  • Min deposit: $50
  • Min invest: $10
  • Max invest: $2000
  • Bonus: $50 Cash-back
  • Max payout: 200%
  • Assets: 25
  • Types: Highlow, Turbo, Spread, Turbo Spread
  • Regulated by CySEC
  • Start trading just from $10
  • Maximum payout up to 95%
  • Withdrawal money in 24 hours
  • 24/7 сustomer care service
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Highlow Review

Regulated by ASIC

  • Regulated by: ASIC
  • Min deposit: $50
  • Min invest: $10
  • Max invest: $2000
  • Bonus: $50 Cash-back
  • Max payout: 200%
  • Assets: 25
  • Types: Highlow, Turbo, Spread, Turbo Spread

About Highlow Option

HighLow was incorporated in 2010 and it’s based in Sydney, Australia. It is regulated by Australian Securities and Investment Commission (ASIC) with the number of license is No.364264. They adhere to ASIC’s strict requirements when it comes to training, risk management, funds security and accounting. HighLow prides itself in being one of the safest brokers in the world.

They also gained their reputation because of the speed of the transactions. Since its start, HighLow has achieved high prestige not just in Australia, but all over the world. In fact, HighLow is a favorite Binary Options broker in Japan.

HighLow Platform

HighLow started many years back. At that time, the Binary Options industry is simply not what it is today. You will just have to look at the platforms now and compare it to the platforms back then to know the difference.

HighLow took some time to move from the platform then to the platform now. They lagged behind their competitors for quite a while. Fortunately, the HighLow 2.0 happened and it is everything any client can ask for.

The design of HighLow’s current platform is beautiful and simple. It is very easy to use and understand so you will not be left fumbling around. The execution of transactions is very fast, especially because they have hosting centers throughout the regions where most of their clients are located.

The current platform page also allows clients to instantly deposit right there. They also included a favorites feature, you will be able to save your most frequently traded assets there. The only downer in HighLow 2.0 is that it is hard to do more detailed technical analysis using the charts.

Option type

HighLow offers its clients a choice of four option types. All of them are listed upfront on their website, complete with descriptions.

HighLow Binary Options

HighLow Binary Options is one of the more conventional Binary options in the market. It shows the mid price (at-the-money price) and you will then decide whether to close the price at a higher or lower price. The payout here will range between 180% to 190% of your investment.

If you only like to trade on small movements, then this option is definitely for you.

HighLow Spread

In the HighLow spread option, you will be shown the bid/ask spread. This is the standard method of price making in the Forex markets. The payout for this option can reach up to two times of your investment.

This option is quite suitable for investors who expect large market movements and who favor a higher payout.

Turbo

Turbo Binary Options is like the short term options, it allows the investor to choose a certain time frame that will suit their investments. The time frame usually varies from 30 seconds up to 5 minutes.

This binary option is very versatile and flexible. It will suit investors who like to take advantage of short term patterns.

Turbo Spread

Turbo spread is the option with the highest payout in a relatively short amount of time. It combines the payout of the HighLow Spread and the speed of the Turbo Binary Option. That means, of course, that it still incorporates a bid/ask spread.

This option allows investors to make the most of their positions every single time they are expecting a large market movement.

Account type

HighLow does not provide any information about the account types available on their website. However, that will not be, and should not be, an issue for anyone who is thinking of creating an account in HighLow.

Bonus

Some Binary Options brokers do not give any form of bonus for their clients. There are, of course, valid legal reasons behind that. However, HighLow is not of those Binary Options brokers. They give their clients a welcome bonus.

When you create an account in HighLow, you are immediately entitled to a bonus of up to $50. You do not have to do anything other than creating an account. That’s it and there are no limitations on withdrawing the cashback once you redeemed it.

They also have the HighLow Points Program. You will receive cash-backs when you move up the tier. You get more HighLow Points when you trade at a higher volume.

Demo account

The importance of demo accounts is hard to put into words that will describe it perfectly. It is important for people who are new to binary options trading. It is also important for people who have traded before but is new to the platform.

In other words, whoever you are and whatever your past experiences as a trader are, using a demo account should be one of your top priorities. A demo account is where you will be able to test your skills in binary options trading without the fear of losing all of your money. And the demo account HighLow offers is one of the best, if not the best, in the market.

The demo account in HighLow is available for free. You do not even have to create an account in HighLow in order for you to be able to access it. Of course, it is the best way for new traders to learn how things work and for professional traders to learn the every nook and cranny of the HighLow platform.

The demo account is very realistic. HighLow also gives you a virtual funding of $10,000 in the demo account. Treat it as some sort of practice money. The demo account that HighLow offers is one of the best parts of using HighLow.

Mobile App

The mobile app from HighLow, much like their platform, has lagged behind the mobile apps from their competitor previously. It was quite outdated and it was hard to use. But again, like the platform, they have finally updated it and the result was nothing short of spectacular.

The new app is completely different from the old mobile app. Highlow 2.0 mobile app is redesigned and now it looks like the current web-based platform. In fact, it operates the same way as well. That means you can now easily use your mobile phone to do the transactions you usually do using your laptop, and that includes deposit and withdraw.

Deposit and withdraw

Like almost everything in HighLow, funding your account is very easy and quick. All you have to do is fill out and submit all of the required details and you’re all set. You can use the typical methods to deposit like credit cards, bank transfers, Skrill and Neteller. The minimum deposit for all methods is $50.

Almost all of the transactions happen in real time except for bank transfer which usually takes around 4 to 72 hours depending on where your bank is located. So if you want to deposit your funds right there and then, don’t use bank transfer.

As for withdrawing your funds, it is the same as other brokers as well. You can use the same way you deposit your funds. They don’t impose charges in your deposit but they deduct 1.5% on the amount you withdraw. That’s actually a very low charge.

The lowest amount you can withdraw on each method is the same as the minimum deposit. The cap on withdrawal is where they differ. When you use bank transfer, you can withdraw as much as you like but they will charge $20 (fixed charge) when you use overseas or international banks.

When you use credit cards, the withdrawal must be an exact match to the amount deposited. When you use Skrill or Neteller, you can only withdraw $20,000 per day. Those are the things you should consider when deciding what method will be best for you. Withdrawal transactions are completed within 3 business days.

Education Resources

HighLow does not offer tons of resources for education. They don’t have ebooks that you can download. However, they do have videos available on their website that you can watch in order for you to become more familiar with everything. The best thing you can do to learn in HighLow is to just use their demo account.

Customer Care

The customer care provided by HighLow is very standard. They do not have anything fancy. They don’t conduct live chats. Like any other site, you will be first directed to the FAQ section and their other resources. You can check for answers there, but if your concerns are not tackled there then you can contact their customer service.

You can lodge a support ticket by filling a form on their website. You can also send an email to them or call them via phone (you can talk to them in English, Japanese or Chinese). Keep in mind though that their customer service is not available 24/7. It is only available Monday to Friday between 9:00 am and 4:00 am Sydney Time (GMT+10).

The customer service is also fast. It usually takes less than an hour for them to answer the concerns of their clients especially if it is not covered in their FAQ section. It is really important to check that first, their FAQ section is laid out perfectly so you will not be wasting your time if you look there first. The best way to contact the customer service is via email.

Conclusion

HighLow is one of the best in the industry. Whether you are new or already experienced, you can learn more when you create an account in HighLow. You can also rest assured that your money is very safe. There are things that they can improve on but that should not deter you in trusting HighLow.

PROS

  • Fully regulated by ASIC
  • Great FREE demo account
  • Very high payout - up to 200%
  • Minumum deposit - just $50

CONS

  • Not accept traders from USA
  • No livechat