HighLow – Australian (ASIC) Regulated Binary Options Broker Review
A new, up-and-coming binary options broker, HighLow binary is an innovative broker based in Sydney, Australia.
Their website is simple, clean, and this broker is an excellent candidate for traders in Europe, Africa, Australia, and Asia. Unfortunately HighLow does not currently accept traders from the United States.
Let’s take a look at HighLow binary to find out why it’s currently the number one binary options broker in Australia.
HighLow Trading Accounts
The minimum deposit amount required to open an account with HighLow is based on the traders location. Australian traders who wish to deposit by a bank transfer ican deposit as little as $10, while credit card or Neteller deposits require a $50 minimum.
For traders not based in Australia, the minimum deposit amount required is $50, no matter the payment method used. The same payment structure applies to withdrawal requests.
If you’re like most traders, then security is one of the most important elements in determining the legitimacy of a binary options broker. HighLow is one of the few brokers to carry a regulatory license from ASIC. ASIC has strict standards and requirements.
As a bonus for new accounts, HighLow offers up to a $50 cashback reward on initial trades. So if you lose your first two or three trades, your wagered funds get covered by HighLow. A lot of money can be made on risk-free trades but there’s practically zero risk!
HighLow uses the Market Pulse trading platform for executing trades.
Market Pulse has a dark theme that’s easy to read and navigate. It also has a “Carousal” feature that makes it easy to browse between assets and markets on a single interface, which can be very convenient. They offer about 80 trading instruments.
High/Low binary options offers up to 90% returns, some of the highest in the industry. Through HighLow’s “Options on Demand” tab, traders can choose to use shorter expiry times, such as 60 seconds, 3 minutes, or 5 minutes.
HighLow is also one of the few regulated brokers offering Forex spread trading. Spread trading is typically used by experienced traders. Spread trading allows traders to make up to 300% on their investment, but it comes with substantially more risk.
High/Low has a Trader’s Choice feature that gauges investor sentiment on any given asset. They also offer a mobile app for both Android and iOS traders.
High/Low is relatively new to the binary options industry, but due to the fact they’re regulated, flexible and transparent, this is one broker who comes highly recommended, no matter your location or account size.