HighLow is a binary options brokerage firm that uses an in-house platform with unique trading instruments. Is it worth trading with this broker? Let’s find out in this review:
One of the biggest advantages of this broker is that you can open an account with just a minimum deposit of $50. This is much lower than the $250 requirement that is followed by most brokers in the industry today. There’s also a $50 cashback which is more like risk-free trades.
Design and Layout
Design-wise the platform looks very appealing. In fact, the black and gold combination was good choice and is inviting to use as compared to the standard layout or theme that traders are accustomed to.
They accept Bank Transfers, credit cards and Neteller for depositing money into the account. These are the most common payment methods.
$10 is the smallest investment amount that is accepted by the platform and this is a great benefit for you if you want more control over your investment funds. Around 32% of brokers in the market today require a minimum trade size of $25 so HighLow’s is much better.
Currently they have more than currency pairs including the most popular ones such as the EUR/USD and the EUR/GBP. They also have a few indices and commodities. The total number of assets that they offer is a tad lower than the average the market today which is 76.
HighLow belongs in included in the exceptional 3% of brokers in the industry that are powered by MarketsPulse, one of the emerging platforms in the market today. What’s great about this platform is that it’s really fast and is very easy to use even for beginners.
The prices shown on the HighLow platform are from FXCMPro and Leverate which are trusted feed providers. Based on the tests that were done, most of the quotes are synchronized with the actual market data.
The highest payout that you can get out of a trade with this broker is 200%. Such rate is competitively higher than the standard payout percentage which is just around 85% so what you can basically yield from them is the highest in the industry.
Withdrawal Processing Time
Bank withdrawal requests are processed within the same day as long as it has been sent by 2pm with an additional waiting time of 1 to 3 working days for the funds to be received. This is far cry compared to the 21% of the brokers in the market which are capable of processing withdrawals for an average waiting time of 10 days.
Withdrawal Processing Time
Questions or inquiries to the support team can be done via phone or email. They are available on weekdays and have very fast handling times in assisting their clients. It’s also good to check first their comprehensive FAQ page is it has most of the answers to commonly asked questions.
Under Highlow Markets Pty Ltd, the company is licensed by the Australian Investments and Securities Commission (ASIC).
Based on the research that we have done, HighLow belongs to the top picks of many traders around the globe for their superior service and platform features. Most of the verified comments and feedbacks that we found from Hong Kong, Singapore, Malaysia, New Zealand, Denmark, Sweden, Iceland, Norway and Finland were positive.
HighLow has undeniably proven itself to be one of the best choices for trading binary options market as it offers an advanced platform with highly favourable trading conditions and superior customer care. Clearly, this is the broker to beat in this highly competitive industry.