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HighLow Review - Binary Options in Australia or Scam?
A prolific binary options broker, HighLow got its start in Despite the binary options market's high risk and often negative reputation, binary options scam review australia, HighLow has established itself not only as a leader in the market but a reputable company. While many people have lost faith in the binary options market, HighLow has maintained a reputation as a transparent, regulated broker.
Currently, HighLow only serves clients in Australia. However, for those who have access to this broker and their platform, they offer numerous advantages that set them apart from other binary options brokers. From low minimum trades to high potential payouts to demo accounts that you don't need to sign up to access, HighLow is a great starting broker for beginners, as well as a simple platform for experienced traders.
Broker Name:. HighLow's trading platform is exceptionally beginner-friendly. It's a simple interface that offers ample information regarding trade movement and direction, including which direction means you get a payout.
They use the MarketsPlace trading platform, which allows all levels of traders to participate and understand its interface, though more experienced traders might find the platform too simplistic. Still, there are fixes for that in the form of software like MetaTrader4 that shows additional trading details. This platform is also where you make your investment once you're satisfied binary options scam review australia your market prediction, binary options scam review australia, and where you can check your payout and return.
HighLow's trading platform makes it easy to check your open trades, and you have the option for one-click trading to save time. HighLow's account system is one of the simplest out there. Most binary options brokers have tiered accounts ranging from basic levels to more specialized accounts with privileges and features unavailable at standard levels. HighLow, in contrast, has only one type of account available to all users. With it, binary options scam review australia, you can trade on all available assets on their platform.
If you're not ready to dive into binary options trading, binary options scam review australia, HighLow also offers you a demo account option, which we'll talk more about later.
Another thing that sets HighLow apart when it comes to account types is the availability of educational resources. Many binary options brokers either don't offer these resources or only make them available to traders who sign up for the higher account tiers. HighLow offers video tutorials and a glossary where you can look up any trading term you don't understand. You can even view their platform walk-through to help you understand how it works before you start trading.
While more experienced traders may already have the knowledge they need, these resources help beginning traders dip their toes in the waters of binary options trading, binary options scam review australia. However, because the resources are so basic, experienced traders looking for more information and advanced trading techniques may find them lacking. HighLow was previously known for its pitiful asset list, but it has been significantly improved.
Still, it's not up to the level of some other brokers with hundreds of assets. Instead, it comes in at a modest 43, though many of them are significant assets. Anyone who prefers big names won't have a problem finding one they like. They don't limit you to these, so if you want to try some smaller, more niche markets, HighLow offers those, too, to a lesser extent. While the variety is limited, you still have enough options to explore and satisfactorily experience the world of binary options trading.
We mentioned earlier that HighLow had earned a reputation as a reliable, honest binary options broker. Part of what helps their standing in the trading community is their regulatory body. With ASIC as the regulatory body overseeing trade, HighLow ensures that investors know their money is safe and secure. ASIC offers more professionalism than you'll find with other regulatory bodies, especially because most binary options brokers have chosen to move away from regulatory operations in their home countries.
Instead, while they do business in Caribbean areas, HighLow is a regulated broker that remains with ASIC, which only bolsters its reputation as a broker binary options scam review australia values its investors.
HighLow has an extensive points system that, depending on how much you use the platform, you can turn into some serious cashback. You get more HighLow Points the more you trade, and you can earn up to 50, points per month. How does it work? In this program, at the end of every month, binary options scam review australia, HighLow divides your total points by and gives you that amount in cashback.
You don't have to trade binary options scam review australia specific amount to get it—just get active on the platform. You can even withdraw it right away, which sets HighLow apart from other binary options brokers. Many require you to invest a certain amount—often equal to the bonus amount—before you can withdraw it. HighLow doesn't binary options scam review australia any conditions, though, and you can use the bonus however you see fit.
While HighLow's primary trading platform is web-based, they also have a mobile trading app for traders and investors who like to take their binary options broker on the go. You just download the HighLow mobile app onto your iPhone or Android—either binary options scam review australia the HighLow website or your app store—and you can start trading right away. The mobile app lets you do everything you can on the web platform. The app's news binary options scam review australia shows you the trends in your preferred markets so that even if you're not able to sit down at your computer, you can still stay updated and educated.
You can also view and update your account status on mobile and check your trading funds no matter where you are. If you're a new trader or even an experienced trader who just wants to check out the broker and its platform before committing, you can open a HighLow demo binary options scam review australia. Most binary options brokers offer demo accounts, but some of them come with conditions.
HighLow is one of the few brokers that allows you to experiment with a demo account before you sign up for a regular account. That way, you can check out how things work, learn the strategy behind predicting binary options trends, and explore the platform with no risk to you or your capital. The freedom and extensive options that come with the demo account are a testament to ASIC's regulatory standards and how much they value customer satisfaction.
Both HighLow's deposit and withdrawal processes are convenient for traders, binary options scam review australia. HighLow accepts many payment methods, making your options nearly endless. They accept major credit cards, cryptocurrency, bank wire transfers, and e-wallet.
You've got many more options than that, and you can use any of their payment methods to both deposit and withdraw your money. When you're first getting started with your official account, binary options scam review australia, HighLow requires you to make a minimum deposit to trade on their platform.
Deposits go through instantly, but withdrawals take a day to process before they transfer into an account you choose. Depending on your withdrawal method, you may also have to pay a small withdrawal fee. Neteller and bank transfers both come with binary options scam review australia 1. HighLow's customer support may be limited, but they make it clear that they care about their investors and traders.
Their customer service adds to their reputation as one of the best binary options brokers out there, and they are usually very responsive to customer questions and concerns. Their contact page states that customer support is available from am to pm, and while it may not be hour service, they'll answer your questions as quickly as possible.
They're not open on weekends, so if you've got a concern on a Saturday and want to call them, you'll have to wait until Monday. You can also put in a support ticket using the form on their website's contact page. However, before you contact them, make sure you check their FAQ and Resources pages. You might find the answer you're looking for there.
HighLow's FAQs are some of the most extensive out there, and they provide detailed answers to many common questions. HighLow has plenty to offer on its user-friendly trading platform. Let's recap some of the best things about this binary options broker that show why they have an excellent reputation, binary options scam review australia, and why you might want to try them. While HighLow offers plenty of attractive features, they're not without their flaws. Their drawbacks are fewer than their advantages, binary options scam review australia, but if these items are important to you, you may not want to bother with HighLow and instead search for another binary options broker for your trading fix.
HighLow's reputation as a reliable binary options broker sets it apart from the rest. You'll know your funds are secure, and with an easy to use trading platform, you can enjoy your trading experience, whether you're a new trader or a seasoned investor.
Unfortunately, U. We found HighLow to be an excellent option for almost anyone to use, even if you just want to try out a new platform. Though they only accept traders from Australia, those who have access to this platform get monthly bonuses, free withdrawals, and convenient trading wherever they are. Robert Wolfe is the founder and chief editor of Impact Investing Collaborative. Robert is an expert trader with over 10 years of experience trading binary options, Forex, and CFDs.
He prides himself in providing accurate and in-depth reviews in order to help others find a trading platform that fits their needs. Trading Platform:. MarketsPlace, binary options scam review australia, MetaTrader4. Trade Types:. Mobile Trading:. Stocks, Commodities, Indices, and Forex. Demo Account:. Payment Methods:. Minimum Withdrawal:. Overall Rating:. Account types HighLow's account system is one of the simplest out there.
Instead of 15 minutes or more, your minimum time limit is 30 seconds. You can adjust it, though, and choose from 30 seconds, 60 seconds, 3 minutes, and 5 minutes. Regulation We mentioned earlier that HighLow had earned a reputation as a reliable, honest binary options broker. HighLow points HighLow has an extensive points system that, depending on how much you use the platform, you can turn into some serious cashback.
This level has a cap of 50, points. Bonuses and promotions. Mobile trading. Demo account If you're a new trader or even an experienced trader who just wants to check out the broker and its platform before committing, binary options scam review australia, you can open a HighLow demo account.
BEST 5 BINARY OPTIONS BROKERS IN 2021
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