|HighLow is the most trusted broker with an Australian license. They have a really low deposit requirement of only $50.
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HighLow Binary Options Broker Review
HighLow is an Australian brokerage firm that deals in binary options. Owned by the Markets company of the same name, this firm operates out of Macquarie House, 167 Macquarie Street, Sydney, Australia. It was formed in the year 2014, and has risen in popularity since then to become one of the largest brokerages in Australia.
So, are these traders the right fit for you, or are they just another bad broker firm? Find out in the HighLow broker review below.
Awesome Trading Features For Beginners
One of the best parts about the HighLow broker is that:
- You get to try it out using a free demo account. They give you $10,000 virtually, and the demo is accessible with a single click. You can check if this is the firm for you, and if it isn’t, you can leave without any further contact!
- There is a live feed of the current state of the market in different countries right on the home page, with the option to invest in the stock rising or falling. A live icon shows your investment, potential return for that investment and the return rate if you sell at that very moment.
- You can also check out the spread of the high/low market trends, and see a live update of the balance in your account as you trade.
- It is easy to catch on to, even for an absolute beginner, making it perfect for people looking to get in on the binary options trading scene. There is also an extremely helpful walkthrough of the whole trading process on the website.
Regulation, Reliability And Licensing
One of the biggest concerns in the current market is that the trader you are investing with is a scammer. The encryption on the HighLow website puts all these doubts to rest. You immediately see a digicert SSL encryption, making every action on the site completely untappable.
They have excellent standards when it comes to the protection of their users’ data, and they also have a license called the AFSL (Australian Financial Services License), number 364264. It is issued by the Australian Securities and Investment Commission.
This regulation makes it very advantageous to trade with them because of the level of security and their standards when it comes to ethical conduct, customer service and performance.
Software And Trading Platform
The company uses MarketPulse as their trading platform of choice, and it definitely serves them well. The web platform is one of the most user-friendly ever, and it is chock full of options for beginners and advanced investors as well.
The signup process is short and sweet, and there is the option for a demo account as well. You can set different expiry times for the options that you invest in. These range from as short as 60 seconds to as long as 24 hours and even more if necessary.
Trading is done in AUD (Australian Dollar) and starts at a minimum of $10 ($50 for non-Australian traders), going all the way up to $1,000. Trades can also be done in USD as well. The maximum return on any investment is 90%, and you can get a bonus of 100% too, or even 200% for the on-demand options. However, US traders are not allowed to trade with this platform, which is the only bad thing about the whole experience.
One great bonus feature is that there is a smartphone app available for download on iOS and Android, for traders who want to stay updated on the go. This software is smooth, fast and very secure indeed. It can be a very positive, fun experience for any and all traders.
HighLow Offers Instant Payouts
If you sign up with a Visa, Mastercard, Amex or a standard bank account, you have the option of getting your money for withdrawal immediately after it is paid out, with a ridiculously small transaction fee of 2%. Transactions can offer via your cards, Neteller, or even a bank wire money transfer, making it easy for anyone!
HighLow Review – Conclusion
Overall, this platform is one of the best out there for anyone to use. If you are a beginner to trading the $50 minimum deposit comes in handy the tips and tricks are very helpful, and the small minimum deposit ensures you will be able to lose the stress of overspending. For the more advanced user, it is very streamlined and allows for a ton of advanced options. Either way you will have fun while trading, and it will be a great experience. Have fun!