High/Low is a new Australian binary options broker, online since 2014. This broker is regulated and obtains Australian Financial Services Licence (AFSL 364264). We decided to review this broker and show High/Low platform to many traders worldwide, including Australia, Canada and other countries.
If you want to know more about this broker, below you can read our High/Low review.
To start trading binary options with High/Low, minimum deposit amount is $50 (AUD $10). Maximum bonus is AUD $50 and highest return goes up to 85%. Minimum investment is $10 and maximum investment $1000. Available currencies are USD, AUD and JPY. This broker doesn’t accept US traders, however their platform is available for all other traders, around the world.
High/Low Trading Platform
This broker uses MarketsPulse software and presents its traders with a modern trading window, very attractive for traders to join in and user friendly. With High/Low, traders can place trades with several available trade options: Spread High/Low, High/Low, On Demand and Spread on Demand.
- Spread High/Low – with this option it is possible to achieve 200% payouts and it shows an ask spread, the usual price method used in forex market.
- High/Low – option mostly used by short term traders and maximum payouts ranging between 175%-190% of investment
- On Demand – this option allows traders to choose the preferred time frame for the investment. It can be between 1-5 minutes and it is also mostly used by traders who prefer short term binary options trading.
- Spread on Demand – option that allows traders who enjoys maximum payout to enter trades when it suits them the best.
All trade options are clearly positioned in the centre of the platform with trading steps on the right side. Traders can trade on several different expiration times, such as 60 seconds, 5 minutes, 15 minutes, 1 hr, 24 hr and 24 hr +.
With High/Low, traders can place trades using available currencies, indices and commodities. In FAQs, this broker provide information on the exact number of underlying assets. There are 17 currency pairs, 5 indices and gold commodity.
High/Low Trading Features and Services
High/Low broker is owned by Realtime Capital Markets Pty Ltd., based in Sydney, Australia. As regulated binary options broker in Australia, they have AFSL licence under 364264.
Although regulatory status doesn’t guarantee that specific broker is absolutely trustworthy, regulatory does provide a certain level of security for traders worldwide. Regulated brokers, such as High/Low offer higher security level to protect personal and financial data of their traders around the world and also, traders are more satisfied knowing that there is a regulatory agency that monitors broker’s conducting business, as we discovered in High/Low review.
High/Low offers its registered traders a wide range of trading services, such as mobile trading and demo account option.
With mobile app, traders can use mobile platform when trading binary options. High/Low mobile version of the trading platform is compatible with both Apple and Android devices and can be used on smartphones and iPads, as well as on computers.
Another great feature used in the trading process is demo account. For all traders, including beginners and professional ones, demo account is an excellent way to improve trading skills and increase chances of being more successful while trading binary options. High/Low provides traders with virtual money in the amount of AUD 10000 that traders use in the demo version. Because of that, there is no risk involved since no real money is being used. Traders can practice on several trade options and are enabled to use different strategies in order to discover what suits them the best.
High/Low Customer Support
With its quality customer support, High/Low cares about their traders.
It is possible to contact them through email [email protected] on telephone number 1300 168 668. High/Low office hours are 8:00 – 18:00 from Monday to Friday. Traders should also know that trading hours are available between 9:00 Monday morning and 8:00 Saturday morning. For now, live chat contact option is not available.
However, this broker has one of the best FAQ section we have seen. We were pleasantly surprised during High/Low review. There are available multiple answers and even detailed information on questions that traders might have during trading process. As regards to trading platform, it is possible to use English and Japanese version.
High/Low Banking and Company
As stated in the beginning of High/Low review, minimum deposit is A$10 for bank wire and A$50 for credit cards and Neteller. For their traders worldwide, this broker offers several available deposit methods, such as Mastercard, Visa, bank wire transfer and e-wallets Neteller, GiroPay, CashU, POLI, WebMoney, iDeal, Sofort etc. There is no deposit fee, but there is a withdrawal fee of 1.5%.
Minimum withdrawal with Neteller is $50 and maximum withdrawal is $1000 per day. Bank wire transfer with High/Low is among the fastest in this industry and it takes between 1 and 3 business days. It is important to emphasize that all trading accounts are held in accordance with Commonwealth of Australia and traders’ funds are to be secure with National Australia Bank.