HighLow Review

HighLow
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Overview

HighLow is an Australian regulated binary options broker operated by Highlow Markets Pty Ltd, which was founded in 2013 under ASIC regulation, and located in Sydney (Australia ) and London ( United Kingdom ) . They provide a simple trading platform, with free demo account, $10 minimum deposit, and up to $50 cash back.

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Details

Broker HighLow
Website URL www.highlow.net
Founded 2010
Headquarters Main Headquarters: Sydney, Australia ( HighLow Markets Pty Ltd ) - UK/Europe: Highlow Markets Ltd and HL Private Ltd, Milton Gate, 60 Chiswell Street, London EC1Y 4AG, United Kingdom
Support Number Australia +1300 168 668 / Japan + 0120-993-750
Support Types E-mail , Phone
Languages English , Japanese
Trading Platform MarketsPulse
Minimum 1st Deposit AU$10
Minimum Account Size AU$10 / ¥ 5000
Minimum Trade Amount AU$10 / ¥ 5000
Maximum Trade Amount AU$500
Bonus Up to $50 Cashback on your First Trade
Max. Payout 180-200%
Demo info $10,000 Demo
Free Demo Account Open Demo
Regulated Yes
Regulation Australian Financial Services ( Licence number 364264 )
Deposit Methods Credit Cards , Neteller , Wire Transfer
Number of Assets 25
Types of Assets 17 Currency Pairs (AUD/JPY, AUD/USD, AUD/JPY, CAD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF and USD/JPY ) , 7 indices ( ASX, Nikkei, Hang Seng, SS, FTSE, Dow, S&P ) and 1 commodity ( Gold )
Australian Regulated Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 99/100

Pros

  • Regulated Broker by Australian Financial Services
  • Minimum Deposit only AU$10 - ¥ 5000 ( AU$50 - ¥ 10,000 if you deposit by credit card ) or US$50 if you deposit in US dollars
  • 50% Cashback on your First Trade
  • Easy to Use platform
  • Free $10,000 Demo Account with No Registration Required
  • Up to 190% Payout
  • Fast Withdrawals

Cons

  • They don't accept clients from European Economic Area ,Singapore and USA.

Full Review

Last Highlow review update: 31st July 2018

Important Notice to Traders from European Economic Area:

Binary and digital options are prohibited in EEA

If you are based in EU, you can try Forex with Go Markets.

About HighLow Australia company

Highlow.net Review

What is High Low ?

HighLow is an Australian regulated binary options broker, which was founded in 2010 under Australian Securities & Investments Commission (ASIC) regulation. HighLow is owned by an Australian registered company called HighLow Markets Pty Ltd (registrationnumber: ABN 143 553 628, active from July 1, 2010). HighLow’s ASIC license number is 364264.

HighLow’s primary headquarter is located in Sydney, Australia and they have a secondary operational office in Japan.

Over the last few years, High Low Markets Pty Ltd has gained a positive reputation across Australia through its stellar binary trading platform and superior customer service. In fact, since they launched the secured and defensive binary options trading platform, it helped people forget about the worries of investing a high amount of money in binary options trading because of the ease of use. HighLow offers all of their customers a risk-free trading environment and they offer new traders a $50 cash bonus once they open a live trading account and complete the first trade.

Compared to other similar binary options trading companies in Australia, binary options traders have reported that they have managed to gain a higher rate of profit is because of its the user-friendly trading platform and how easy it is to open an account with them and start trading binary options on a secured trading regulated by the Australian government.

Is HighLow Scam ?

HighLow is not a scam broker due to the following reasons:

  •  They are fully regulated by ASIC ( Australia )
  •  All clients funds are held in segregated accounts in premium Australian banks.
  •  They provide an outstanding support from their main office in Sydney.
  •  All withdrawals are processed quickly.
  •  The company ownership is totally verifiable.
  •  Not bonus policy complaints.
  •  Not illegal high-pressure sales tactics .
  •  They provide a 100% free demo account to test their platform.

Website Usability & Platform: 100/100

High Low offers an easy to use the platform, where they enable their clients to experience a priceless cloud-based application that can be accessed from any modern web-browsers. Hence, HighLow’s binary options trading platform works on both Windows and Apple’s Mac computers. Furthermore, HighLow has heavily invested to enable their clients a remote trading experience via their smartphone platforms as well. HighLow understands that today’s binary options traders are busy and they often trade during free time on the go. Currently, HighLow’s clients can enjoy trading binary options on the go by using their Android and iPhone apps, which allows them to use this platform even when they not in the office.

Highlow.net Platform ( desktop )

Highlow.net –  Web platform ( in English )

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Highlow.net Platform ( desktop in Japanese )

Highlow.net –  Web platform ( in Japanese )

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HighLow’s trading platform is actually a version of MarketsPulse, which is one of the most versatile options trading platforms in the industry.

During our research for this review, we found that HighLow’s binary options trading platform is suitable for almost any types of trader. It hardly matters if you want to trade smaller timeframe options or want to play the market on hourly charts, you are most welcome to try out HighLow’s cutting-edge binary options trading platform as it is developed in a way to serve both beginners as well as experienced traders. HighLow’s technical team has done a wonderful job as they developed their platform in such manner that it is very easy for everyone to use.

Assets and Expiry Time: 99/100

Highlow.net offers its traders two different Binary Options: the Spread HIGH/LOW and the HIGH/LOW. When using the Spread, the traders have the chance to get a payout of 200%, which means double of their investment. When using the HIGH/LOW option, the traders can get payouts between 180% and 190% of their investment. In any of these options, the traders need to choose the expiry time, which can be 15 minutes, 1 hour or 1 day. There can be used the following 25 assets:

  • 17 Currency paris: AUD/JPY, AUD/USD, AUD/JPY, CAD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF and USD/JPY
  • 7 indices: ASX, Nikkei, Hang Seng, SS, FTSE, Dow, S&P
  • 1 commodity: Gold

Crypto Options: 95/100

Early in 2018, Highlow introduced a new set of crypto-based trading assets for binary options traders. These crypto assets that enabled traders to take a position on a number of Cryptocurrencies without the need to have a crypto wallet.

Initially, Highlow offered binary options trading for Bitcoin, Ethereum, Litecoin, Ripple, and Bcash.

While there are a number of binary options brokers who currently offer various Cryptocurrency based trading assets, their payout ratio is rather low. However, Highlow offers 1.85 payout ratio for all of its Crypto Binary Options assets. It means that if you open a trade for $10, you can earn as much as $18.5 from that trade.

Trading Cryptocurrencies are notably different compared to Forex pairs. It is because while Forex pairs are traded against each other, as the all the Crypto Options offered by Highlow are traded against the U.S. Dollar only. For example, the Quote 691.61 in the chart above means you can either buy or sell each Ether (Ethereum) for $691.61 U.S. Dollar.

Sure, the underlying fundamentals of trading Forex and Cryptocurrencies are vastly different. However, Highlow ensured that when you trade their Crypto Binary Options assets, it does not feel any different compared to trading any other asset on their platform. The trading functionality of these Crypto assets is exactly the same.

Highlow currently does not offer Turbo options that allow short-trading of a number of select Forex pairs. However, their Crypto Binary Options assets can only be traded with larger timeframe like 1-Day (24-hour). The unavailability of Crypto Binary Options assets in the Turbo mode is certainly going to disappoint short-term binary options traders, but Highlow may introduce the Turbo option in the near future.

Crypto Options - Trade cryptocurrencies ( Bitcoin, Ethereum, Bitoincash, Litecoin,) on HighLow

HighLow Demo Account

Anyone who wishes to trade with HighLow.net can opt to open a free $10,000 demo account, which means they do not need to register with a live account or make a deposit in order to try trading with them. Once you get familiarized with HighLow’s trading platform and like their service, you can then decide to open a live account with them. One of the best aspects of opening a demo trading account and start trading paper money with HighLow is that you do not need to risk real money to try out their platform and services

Highlow Demo

Maximum Profits & Comissions: 100/100

The maximum profit that a trader can get within a trade is about 200%, in case the traders used the Spread HIGHLOW option for their trade.

The minimum amount for withdrawal is $10 for Bank transfers and $50 for Neteller withdrawals.

Minimum Deposit & Bonuses: 100/100

Although HighLow.net is registered in Australia, they are truly geared towards an international client base. Currently, they offer accounts in several different currency denominations and most of these international currency accounts come with a minimum deposit requirement in their respective denominated currencies as well.

High Low accepts minimum account funding amount of AU$10 if the customers use domestic bank transfers to top their account, while the minimum account funding amount of AU$50 is available if you make the deposits using Credit Cards or Neteller, and US$50 for all accounts with deposits in US dollars.

They offer  up to $50 cashback to new accounts on the first trade.

Customer Service: 100/100

HighLow.net offers their customer support through different channels, including e-mail and phone. If your support need is not that urgent, we recommend that you try to reach them by emailing at support@highlow.net

However, for more urgent needs, it would be better to call them at their different offices located in Australia and Japan. HighLow currently lists 2 phone numbers in these respective countries, 1300 870 442 in Australia and Japan 0120-951-847. 

During our research, we spent almost a whole trading week and traded different types of binary options assets offered by HighLow on their innovative trading platform. We found the cloud-based platform to be very responsive and it hardly lagged. We faced connection issues only once during the week and when we reached out their customer support over the phone, their knowledgeable customer support agent informed us that the problem was occurring due to our browser. Once we followed their instructions and updated our browser to support the latest HTML5 protocol, the problem was solved immediately.

High Low recommends all customers check their FAQ section first and if they cannot find the answer to their question. They are also welcome to send an email to the support address of the company, which is support@highlow.net. They also can reach the customer service by phone, which is available from, Monday to Friday, between 8.00 am and 6.00 pm AEST/ADST.

Deposit Options: 100/100

Highlow.net offers three different deposit options, which are: Credit Card, Neteller, and Bank Transfer. However, in case of withdrawal, they only accept Neteller and Bank transfers.

HighLow is one of the very few binary options brokers in Australia who keep their operational funds segregated from customer deposits. When we asked HighLow about this practice, they said that their client funds are held in segregated trust accounts with National Australia Bank (NAB), which is one of the largest banks in Australia. Furthermore, High Low representative told us that they do not use client funds to hedge their market positions and only use their own funds to manage risks. This way, client funds remain completely safe from any risks arising from HighLow’s business operation.

Withdrawals

They process withdrawals on the same day via bank transfer and in real-time via e-wallet provider Neteller.

After a week of testing their platform, we made two separate withdrawal requests, one during the weekdays and one on the weekends. While the withdrawal request on Wednesday was filled on the same day, we had to wait till Monday to get the bank withdrawal amount in our bank account. We were later informed that all Neteller withdrawals are processed in real time. It seems that if we made any withdrawals during the weekends using Neteller, it would have been issued immediately.

HighLow.net Review & Overall Rating – Summary : 99/100

While HighLow.net is a regulated binary options broker in Australia, it is worth noting that their regulatory oversight does not include non-Australian citizens. Hence, if you are planning to open an account with HighLow as an international client, you may not be covered by rules that are valid for Australian citizens.

However, HighLow has been conducting business in several countries with a good reputation and in online trading business, reputation is closely tied to brand value. Therefore, it is unlikely that you will face any major issues with HighLow and they would not discriminate based on your geographic location. After all, they have earned a reputation and they will likely try to protect it at any cost!

Highlow.net is a good Australian regulated broker, which offers its customers easy to use methods of binary trade. This Aussie company also allows the customers to use their platform on Android and iPhones, which offers them complete flexibility to use the platform anytime and anywhere. Their minimum deposit is just AUS $10 with amazing returns up to 190%.  Another good point is their fast withdrawal times and payouts.

We found that High Low customer support to be very responsive and anyone looking to trade with an Australian broker regulated by the Australian Securities & Investments Commission, they should consider this broker.

Users Reviews on HighLow

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Average rating:  
 9 reviews
Good Broker / No complaint
City / Country: Sydney, Australia

I'm member of HighLow since last September. They are a great broker with great service.Happy to recommend.

Fantastic Experience
City / Country: Perth, Australia

Fantastic Experience with Highlow.net  Support team are attentive and very helpful. I would recommend to anyone wanting a great binary options broker.

City / Country: Australia

No support if you use a tablet. No access to website only to the App which doesn't have features of website.

Low Minimum deposit requirement
City / Country: Sydney

I love their platform because it's very easy to use.Good payout and support in comparison with others foreign brokers like 24option and banc de binary.

Good local binary broker
City / Country: Darwin, Australia

I have been trading with them for over 4 months now.They are providing me excellent customer service at all times.Fast withdrawals and strong trading platform.

Excellent platform
City / Country: Christchurch, New Zealand

No hassles so far and an enjoyable experience.

Fantastic broker
City / Country: Perth, Australia

HighLow has a very simple and fast trading platform.With their minimum deposit of AU $10 and good payout is for me the best choice to trade binary options in Australia.

Good Honest Broker
City / Country: Sydney, Australia

I have been trading Binary Options with this Broker for a while now and have never had any problems, if I submit my withdrawal request before 2pm Sydney time on a week day my money is in my account the next morning...definitely a big plus for me. The trading platform is easy on the eye, overall the whole process from go to whoa! is very simple. Excellent for beginners who are not looking for too many bells and whistles to confuse ones self. At the moment all I want is to trade and this Broker has what I need so far, although a few more assets to trade would not go astray.

I strongly recommend HigLow.net
City / Country: Adelaide, South Australia

I strongly recommend HigLow.net. They are regulated in our country, and their minimum deposit amount is very low ( AUD $10 ).Be careful ! I've tried some binary options brokers based in Cyprus ( Europe ) , but some of them are not trusted.

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John was born in Wollongong (NSW ) and studied at The London School of Economics ( England, UK ). Currently he lives in Sydney ( NSW ) and he works as financial market analyst.

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