Best Suited for traders WORLDWIDE. A majority of HighLow traders are from Australia & New Zealand, and the broker currently has no restrictions on accepting traders from around the world except for a small number of countries.
Updated: As of September 2018, High Low has stopped accepting new traders from Europe and the UK.
HighLow is a superior binary options broker based out of Australia. Regulated by ASIC (Australian Securities and Investments Commission), which is an independent Australian government body that acts as Australia’s top corporate regulator, the firm runs an honest and transparent service with a very intuitive binary trading platform.
HighLow which is headquartered in Macquarie House, 167 Macquarie Street in Sydney has been in operation since 2010. It’s, in fact, one of the longest-running binary trading brokers in the world today.
Being under the purview of the Australian Securities and Investments Commission (ASIC), and holding the licence AFSL (No.364264) also means that HighLow is subject to stringent regulatory requirements. One of which includes that all client money is kept segregated from those of HighLow Markets Pty Ltd (HighLow), and held on behalf of clients in a Client Money Trust Accounts registered with National Australia Bank (NAB), a regulated Australian bank. HighLow is also not allowed to initiate speculative positions in the market nor have any exposure to corporate debt.
What all these rules mean is that one can be assured that his/her money is always safe and secure when you start trading with HighLow.
HIGHLOW TRADING PLATFORM
For its choice of trading platform, HighLow has opted to go with the white labelled trading platform provided by Markets Pulse. While the trading platform does not have as many features as some other binary trading platforms, it is well designed to suit the needs of traders who are new to online trading. It’s intuitive and easy to understand layout also makes it a breeze to start trading on the platform.
HighLow’s trading platform allows its users to trade in the binary options market with 5 different options. These are namely High/Low options, High/Low spreads, Turbo options and Turbo spreads options. The key differences between the normal option contracts and the spreads options contracts are the fact that the expiry for the latter is extended to cover a range of prices, rather than a single price level. The turbo options and the High/Low options, on the other hand, has the expiry time for the former ranging from 30 seconds to 5 minutes while the expiry time for the latter is on an intraday basis.
What all these means is that unlike a traditional binary setting, where you gain or lose depending on whether the end price is above or below the point where you started at, these various options allows a trader to play around with various trading strategies that could work in his/her favour. This means that the opportunity to strike a profitable trade is significantly much higher with HighLow as long as you can work out a strategy that suits your risk appetite the best.
Check out the following video to see how you can use the HighLow platform to trade profitably today
On the flipside though, as the platform is designed to cater for traders who are beginners, it lacks several key technical indicators which a more seasoned trader may wish to have access to whilst trading. However, it’s by no means a deal-breaker, as this data is available online for free from many different sources.
HighLow offers the following instruments to trade on their platform:
- Forex Pairs (Features the most popular 17 forex pairs)
- Commodities (US OIL, UK OIL and Gold)
- Cryptocurrencies (Features 5 of the world’s most popular cryptocurrencies such as Bitcoin, Ethereum and others)
- Indices (Has access to 10 the world’s largest indices such as NYSE, UK 100 etc)
All of the instruments above are available in a binary trade setting on the HighLow platform. As such this platform is truly a binary trader’s dream as every asset can easily be entered into a binary trade setting easily.
DEPOSITS & WITHDRAWALS ON HIGHLOW
Being an international binary options broker, High Low caters to a global audience of traders with various payment options. They are namely Visa, Mastercard, Neteller, Bank transfer deposits, and various other 35 alternative methods such as Sporopay, Sofort etc.
Withdrawals are also processed promptly and very efficiently, almost always within 24 hours after submission. It may take a couple of extra days thereafter for the payment to be processed through your selected payment (i.e. wire transfer etc) method before it’s made available in your account.
HIGHLOW BROKER SUMMARY
In summary, HighLow offers one of the best choices available in the market today for a reliable and trustworthy binary options broker. Being a regulated broker that ensures clients funds are kept safe at all times, having an attractive trading interface that is intuitive and easy to use, and offering an unbeatable $50 BONUS cashback on signups makes High Low a leading binary options broker in the market today.
Start your journey in binary options trading with High Low today by signing up below.