HighLow is an Australian Broker for Binary Trading
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|Headquarters||Macquarie House 167, Macquarie Street, Sydney, NSW 2000, Australia|
|Support Number||+1300 168 668|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$50|
|Minimum Trade Amount||$10|
|Free Demo Account||Open Demo|
|Deposit & Withdrawal Methods||Credit Card, Neteller|
|Number of Assets||20+|
|Account Currency||USD, AUD, JPY|
HighLow is a binary options broker company situated in Sydney, Australia that was incorporated in 10th May 2010 and is regulated by the Australian Securities and Investment Commission (ASIC). The broker offers a solution to online binary options trading with the help of its mobile app that is available for both Apple and Android operating systems. An active customer service line where investors can get adequate professional feedback to any questions and concerns exists and is available Monday to Friday from 8am to 6pm.
In order to trade with HighLow, you only have to complete an easy sign up process on their website which takes less than five minutes and you are good to go. HighLow’s trading options are entirely web based with very low deposits varying depending on the currency or deposit methods.
For accounts in US dollars it is $50, accounts depositing via wire transfer in Australian Dollars it is $10 and finally accounts with any other deposit methods it is $50 (this includes Neteller or credit cards). This binary options trading platform is mainly focused in providing a trading interface that can allow an investor to conduct his trades with as much ease as possible.
HighLow is owned by a registered financial service provider in Australia which therefore means that the company is compliant to all the regulations and laws of Australia. Before acquiring their license, the company had to strictly meet its internal requirements and procedures including audits, risk management, staff trading and accounting.
All payment information is encrypted by an SSL protocol over the web in order to ensure that all the financial credentials of the trader are secure considering the fact that all the money a trader invests is held in the National Australian Bank’s (NAB) segregated accounts.
HighLow Demo Account
New clients who opt to sign in to the HighLow accounts are offered a demo account that would enable them trade on four different types of binary options. These include a spread high/low binary options, binary options on demand. Payout options vary from a range of between 175% in the case of the common high/low binary options to a maximum of 200% in the case of the spread high/low binary option. The type of trade determines the expiry on the binary option. Traditional binary options trading would offer you an expiry trade time of up to 24 hours and only one minute when you trade on demand.
With no restrictions as to the number of trades that can be place at one particular time, the size of a trade ranges from a minimum of $10 to a maximum of $1000. This is however based on the fact that the total exposure should and cannot exceed twenty thousand dollars at the minimum for a single option as well as a maximum exposure of $100,000 per account.
The HighLow demo account therefore offers those individuals who have never participated in trading on the financial market a trading account that is funded with a virtual amount of $10,000. You will be able to easily access the demo account from each and every page on the website by clicking the green Quick Demo Account. This is an amazing feature as it gives you the opportunity to familiarize yourself with how binary options trading is conducted, thereby gaining as much experience as possible in the process without registration.
HighLow Deposit & Withdrawal
Once you have mastered enough courage and confidence that you are able to correctly predict the markets and make profits, you can now prepare to trade in the real financial markets by depositing funds into your account. You will find much ease in opening this account because HighLow has a very low minimum deposit amount of only $50.
The minimum withdrawable amount is 50 dollars with an exception to anyone who would wish to close his or her trading account whereby a smaller withdrawal amount would be allowed. The withdrawal request would be processed and submitted the same day in case you request for a withdrawal early enough before 2pm. However, the number of days required for the funds to reflect in your bank account would vary from one to three days.
The main difference between HighLow and other binary option brokers is the fact that there are no limitations as to withdrawing your cash because you are not mandated to complete a specified number of minimum trades.
Traders therefore have the freedom of withdrawing funds from their accounts either partially or fully with a fee of 1.5% charged when withdrawing via Neteller and credit card. High end players should also bear in mind the fact that the maximum allowed withdrawable amount via Neteller per day is $10,000.
HighLow Bonuses & Promotions
For your first trade you receive up to $50 cash back from HighLow. Other binary options brokers actually offer you a certain percentage of the first trade you make while HighLow actually gives you a specified amount as cash back. This is a welcoming feature for all those new traders which makes their first trade feel like a Demo Account and it is risk free.
HighLow has therefore ensured that it reveals its promotional offers one by one by only offering cash back, therefore the trader can expect far much more benefits from such promotions in future.
There are a lot of binary options brokers available for the traders online, however there are not many that come as highly recommended as HighLow.
HighLow provides the traders with a wide range of trading options and they have quickly achieved one of the most solid reputations on the market.
As one of our TOP rated and approved brokers HighLow will meet your highest expectations and you will be able to discover the benefits as you sign up with them.Visit Site