HighLow Review 2020

HighLow offers traders a wide range of options on a variety of tradeable assets. It’s an excellent online trading platform for traders looking for short-term and fast-paced trading opportunities with a certain level of risk mitigation.

HighLow review
Overall
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Introduction

Binary options trading has generated a lot of interest among traders and investors around the world. Most of these binary options brokerages are based out of Europe, but the HighLow brokerage is based out of Australia. The HighLow binary options broker is owned and operated by HighLow Markets PTY LTD with their headquarters located at Level 14, Macquarie House, 167 Macquarie Street, Sydney, NSW 2000, Australia.

An impressive aspect of the HighLow binary options broker is that they are licensed and regulated by a reputable regulatory authority. This is uncommon in the binary options industry, yet a very strong asset. HighLow is regulated by the Australian Securities and Investment Commission (ASIC) with their licence number being 364264. With this regulation, the company operates in a very transparent and secure way.

Most of the binary options trading industry comes out of Europe, so when there is a broker based out of Australia it spikes a lot of interest. Traders in the industry are well aware of the numerous brokerage scams and fraudulent practices of some binary options companies. So, is HighLow a reputable and competent binary options brokerage? Let’s find out in our in-depth HighLow Broker Review below.

Overall Rating

Products & Fees
4
Security
5
Tools
5
Desktop Experience
5
Mobile Experience
5
Banking
5
Customer Support
4
Education
4

Pros

  • Excellent Trading Platform

    The HighLow trading platform is very well designed and support all of the advanced features a trader needs to succeed.

  • Variety of Option Types

    High/Low, High/Low Spread, Turbo, and Turbo Speed options types.

  • Safe & Secure

    HighLow is probably the safest and most secure binary options trading brokerage available.

Cons

  • Lacking Tradeable Assets

    Other brokerages have a wider range of tradeable financial assets.

  • North American Traders not Accepted

    Unfortunately binary options trading is not offered in North America.

HighLow Market options allow you to trade price fluctuations in multiple global markets. Traders need to understand two potential outcomes of an option: will the underlying asset likely go up or will it more likely go down in value?

Commissions & Fees

HighLow is free to trade with. It doesn’t cost anything to open an account, and there are very few fees involved once you begin trading. The HighLow brokerage does not charge any spreads or commissions like other trading brokerages and they even cover the depositing fee when funding your account.

The only fee we came across was a 2% withdrawal fee. As for the payouts, HighLow has some of the highest returns in the industry, with up to an astonishing 200% return on the high or low trading option. Another payout achievable by traders is through spread trading where traders can receive up to a 100% payout. These payouts are exceptional and probably the best in the entire industry.

As for trade sizes, traders have a minimum trade size of $10 and a maximum trade size of $2000. The maximum position per option is $50,000 and the maximum exposure per account is $150,000.

Commissions & Fees
Options
 
HighLow
None - fixed payouts
HYCM
N/A
More HYCM fees
IronFX
N/A
PaxForex
N/A
Interactive Brokers
$0 + $0.70 per contract
Firstrade
$0

Platform & Tools

HighLow features the easy to use and popular MarketPulse trading platform. The platform provides customers with a smooth and familiar trading experience with an intuitive interface. As well, the platform has an abundance of features providing everything a trader needs to make informative and successful trading decisions. The Traders Choice option provides market sentiment among traders in real time after four executed trades. The platform offers traders either the high, low, or normal trading options, as well, it provides quick expiry options for traders who prefer fast-paced trading. The company has also partnered with Leverate providing safety and security for client’s data.

Platform & Tools
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
MT5
Research & Analysis
Social trading
Education
Demo account
 
HighLow
HYCM
IronFX
PaxForex
Interactive Brokers
Firstrade

Mobile App

highlow mobile app

Mobile trading has become very important to many binary options traders, thus is why HighLow has developed an intuitive application for both iOS and Android devices. The mobile app can be downloaded for free from the Apple App Store and the Google Play Store. The mobile trading app has all the features you would expect and is optimized for all major mobile and tablet devices. It is frequently updated and is just as user friendly as the desktop applications.

Account Types

HighLow keeps things simple by featuring only one type of account. With only one standard account available to traders, HighLow is able to keep their policies and features more transparent. As well, since HighLow is regulated by a reputable authority, only serious traders are accepted meaning the signup process is more thorough than other typical binary options brokers. In addition to the regular account, traders can test out the platform through the companies live demo account. Traders are given $10,000 of virtual money to practice with in the demo account.

Standard Account

  • Minimum initial deposit of $10
  • Access to all tools and features
  • $50 account bonus
  • Amazing customer support

Deposits & Withdrawals

HighLow offers traders a large variety of deposit and withdrawal methods that are very safe and secure. The company specifically prefers e-wallets like Neteller, and credit cards for transactions. Although Nab and Bitcoin are also accepted. For these methods of payment, the minimum deposit is $50, and Bank-Wire transfers minimum deposit is only $10. See below, a list of all the available deposit and withdrawal methods.

  • Neteller
  • Skrill
  • Poli
  • Sofort
  • PayPal
  • Bitcoin
  • PaysafeCard
  • GiroPay
  • Debit & Credit Cards
  • Bank Wire Transfers


As for withdrawals, HighLow offers clients an almost instant withdrawal process but charges a 2% fee on all transactions. All the methods listed above are available for withdrawal except for credit cards. The minimum withdrawal amount is $50 in most cases and withdrawals will be processed nearly instantly for e-wallets and within 1 – 3 business days for Bank Wire Transfers.

Deposits & Withdrawals
Minimum deposit
Withdrawal Time
Withdrawal Fee
HighLow
$10
1 - 3 business days
2% fee on all withdrawals
HYCM
$100
1 - 7 business days
Free
IronFX
$100
1 - 5 business days
Free
PaxForex
$10
Within 1 business day
Varies
Interactive Brokers
$0
3-5 days
$0
Firstrade
$0
2-3 business days
$30 domestic US, $50 international

Customer Support

The level of customer support is superb with HighLow. They are quick to respond and are very professional with their response. The best way to contact them is through email, while they do offer telephone service with service in English and Japanese. It was surprising to learn they do not offer live chat support, but their responsiveness through email makes up for this. As well, the website has a very informative FAQ section with sophisticated answers to many questions.

Security & Fairness

HighLow is one of the safest and most secure binary options trading brokerages in the world because they are based out of Australia and are licensed and regulated by the Australian Securities and Investments Commission (ASIC). Most other binary options brokers are based offshore and are not licensed or regulated. Also, HighLow holds their client funds in secured and segregated bank accounts at tier 1 Australian banks. The brokerage also employs the latest and greatest security technologies such as advanced SSL (Secure Socket Layer) encryption technology on all transmitted data. Therefore, HighLow clients can rest assured that their personal information and funds will be kept safe at all times. All in all, the HighLow online trading brokerage is very safe, secure, and fair.

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InvestorGreg Editorial Team

InvestorGreg Editorial Team

The InvestorGreg Editorial Team is a group of financial writers and analysts who cover the worlds of finance and investment. Read more