HighLow Binary Options Demo

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HighLow Binary Options Demo

HighLow Binary Options Demo

HighLow Binary Options is an Australian broker with years of experience under its belt. The company was established back in 2020 and has been operating ever since, which is certainly good news for anyone encountering them for the first time. There are many reasons why these guys are still up and running – great platform, the fact that they are fully regulated, great support, loads of options and more – but the thing we want to discuss here is HighLow Binary Options demo account. This account type is fairly unique in some respects, and we are going to show you all about it. Keep reading and see how this feature can help you improve your success rate!

HighLow Binary Options Demo | Cash-backs available

HighLow Binary Options demo account is an important part of the company’s offer discussed in our HighLow Binary Options Review 2020 and will provide you with 10,000 virtual US dollars and a vast selection of trading options. Four trading modes, each with several different expiration times, will make sure you get as close as possible to the real trading experience. Graphs for each available asset are also there, and clear and intuitive design will help you find everything you need in no time at all. What is interesting to note is the fact that you will get a $50 cash-back with your HighLow Binary Options demo account, but you will need to open a real account to use it. Still, a very nice touch and a very nice surprise for many traders, we’d bet. However, there is one more feature of this practice account that will really put a smile on our face, so stay with us if you want to find out what it is.

HighLow Binary Options Trading Platform

HighLow Binary Options Demo | No personal data needed

So, after everything we mentioned in the last paragraph, you will probably want to know how to open a HighLow Binary Options demo account. Well, the thing is – you don’t, it’s already there! You see, this broker doesn’t require you to create a real trading account to use the practice version. They don’t even want you to create a demo profile or provide any kind of information. You only need to click on the “Quick demo” button at the top of the website and that’s it! Therefore, you are literally one click away from your demo account! Such a simple feature and yet it speaks volumes about the broker’s dedication and reliability (you can read more about that in our Is HighLow Binary Options a Scam?). We honestly believe all other companies in the industry should adopt the same approach.

HighLow Binary Options Advantages

HighLow Binary Options Demo | Conclusion

As you can see, the broker has really made sure that everyone can see what they have to offer and test their trading platform without any problems. We repeat, your completely free HighLow Binary Options demo account is a single click away and can give you a cash-back, too! So don’t miss this great opportunity to examine how this company works – they just might be the perfect trading partner for you. Try them out right now!

HighLow

HighLow are a licensed, reliable broker based in Sydney Australia. Regulated by the Australian Securities and Investment Commission (ASIC). They provide industry leading payouts and offer a no deposit, no sign up binary options demo account – ideal for developing trading strategy, or beginners.

With a cutting edge platform, instant withdrawals, a powerful mobile trading app and full regulation – HighLow offer a great choice of broker for both novice or beginner traders, as well as for more advanced trading veterans. Australian regulation is stronger and more reliable than certain European regulators, meaning HighLow deliver high levels of customer care and enjoy great trader satisfaction feedback.

HighLow Review

  • Min Deposit: $50 USD / $10 AUD
  • Payout: Up to 200%
  • Demo Account: Yes (No deposit, no sign up)
  • Regulated: Yes. ASIC (Australian Securities And Investment Commission)
  • Bonus: $50 Cashback

Trading Platform

Login in to HighLow and you are presented with a unique trading platform. While it retains many of the familiar options and features, it also has an individual look and feel.

A range of tabs allows you to select the expiry time, and on the left of these is a drop down menu for the full range of assets and markets. Below these choices are a larger “shortlist” of assets, these can be tailored to reflect your most traded markets, making them easy to find.

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HighLow trading area

Once an asset or market has been selected (or highlighted), the chart below will update. This shows the current price levels, trader sentiment, payout and the countdown to expiry. The graph also displays the point at which trades must be placed.

The all important trading buttons are on the right. Here, users tailor the trade size, select the direction of the trade – and hit the ‘Invest’ button to confirm the trade. Open trades will then appear in the ‘Open Positions’ window beneath the price chart. If users prefer, they can select ‘1-click’ trading. This removes the invest button, and larger High and Low buttons will open that trade in a single click.

It is very simple and easy to use trading platform. The price graph will show which direction the markets needs to move in order for a trade to win. This reduces the chances of trader mistakes. As you might expect, the firm use ‘High’ and ‘Low’ on the trading buttons (rather than Up/Down or Call/Put).

One shortcoming of the trading area would concern the charts. There is not a huge amount of flexibility or advanced technical analysis. It is true however, that this is common among binary brokers. Traders keen on technical analysis often use separate charting software such as MT4 (MetaTrader4). It is worth noting however.

Current Activity Window

The current activity window lists all the open positions. It lists a ‘Sell’ option, and also shows the current ‘expiry payout’.

Trade Options And Assets

The choices at HighLow do offer traders some good options. The list of assets is not as extensive as some rival firms, and this is surely something the brand will look to improve.

Option Types:

  • High/Low – They had to offer these didn’t they? The standard binary trade – will the asset value finish higher or lower than the current price. Expiries range from 15 minutes up to ‘End of Day’ expiries.
  • High/Low Spread – As above, but the difference is in the payout and strike price. Payouts on the ‘spread’ options are 100%. Traders however, will need to make up the spread. So if the current market price on the UK100 is 7294.8 – traders might be presented with 7295.1 to go higher and 7294.5 to go lower. This extra margin is where the broker derives their profit – allowing them to offer 100% payouts.
  • Turbo – Again, these follow the same process as a standard High / Low option. But Turbos are over very short time frames. So expiries of 30 seconds and 1,3 or 5 minutes.
  • Turbo Spread – Short term expiry high / low options – but with a spread on the current market value and payouts of 100%

HighLow Assets And Markets

The asset lists include stocks, commodities, indices and forex. The only comprehensive category is forex however. The depth in the other classes is less than rival firms offer. The major indices are all there, but commodities in particular are a little light. Anyone only trading major assets will be more than satisfied.

In late 2020, Highlow took steps to address their weak asset lists, and added UK and US Oil prices, and a range of indices including Nasdaq, S&P and CHN50. This trend is se to continue as the brand expand their offering across the board.

Deposit And Withdrawal

HighLow offer a large range of deposit and withdrawal options, and the process is very professional. The key point to note is that all client funds are held in a separate trust fund (not the company accounts). The trust is operated by the National Australian Bank (NAB). This offers good peace of mind and shows the company operate transparently.

The most popular deposit methods are credit card, Neteller and wire transfer. All carry a $50 minimum deposit requirement. credit card and Neteller transactions are immediate. Wire transfers will credit accounts the same day, if actioned before 12pm that day.

In addition to those popular options, there are also almost 40 other ways to deposit funds, including SoFort, PaySafeCard and GiroPay. All operate on good terms for the trader. There are no delays or frustrating requirements.

Free Withdrawals

Withdrawals are a plus point for HighLow too. Much of the same terms apply – the minimum withdrawal is $50 across all methods. Credit card and Neteller withdrawals are processed immediately. This does mean they cannot be cancelled once requested though. Wire transfers are processed the same day where requested before 2pm (funds may take 1 to 3 days to clear). There are no fees for withdrawals. There is also no maximum withdrawal per day – only what a trader has in their account.

Free withdrawals and quick processing. Top marks for HighLow in this regard.

HighLow Review

HighLow

Broker HighLow
US Traders Accepted
Company Name Highlow Markets Pty Ltd.
Headquarters Sydney, Australia
Regulation Australian Securities & Investments Commission (license #364264)
Bonus Type Points and cashback
Bonus Size $50
Max Payout 200%
Out-of-Money Reward 0%
Trading Platform Proprietary
Early Closure
Deposit Options Credit/debit cards, bank transfer, Sporopay, Boleto Bancario, Giropay, Neteller, SOFORT, POLi, Bitcoin, iDEAL, CashU, WebMoney, Przelewy24, Bancontact, Mister Cash, QIWI, paysafecard, Multibanco
Deposit Currencies US dollar, euro, Australian dollar, Great Britain pound
Minimum Deposit $50
Minimum Trade $10
Maximum Trade $2,000
Online Since 2020
Trading Instruments Currencies, commodities, indices
Number of Trading Instruments 25
Binary Option Types High/Low, High/Low Spread, Turbo, Turbo Spread
Customer Support Types Web form, telephone, paper mail
Education Offered Glossary, FAQ, platform walk-through, video tutorials
Tools Offered Trader sentiment, options schedule, expiry rates, early close
Commission $50 minimum for withdrawals, 1.5% fee. Spreads on High/Low Spread and Turbo Spread trade types.
Languages English, Japanese, Chinese
Demo Account Yes, no registration required.

Update: Starting May 22, 2020, HighLow only accepts Australian binary traders.

Perhaps one of the most innovative binary options brokers I have discovered in some time is HighLow. HighLow is run by the company HighLow Markets Pty Ltd., which operates out of Sydney and is regulated by ASIC (Australian Securities & Investments Commission) under license #364264.

What makes HighLow different from other brokers? Well, along with a proprietary platform, this is a broker that takes a wholly different outlook on bonuses. I will tell you all about it and also go over HighLow’s other features and benefits below.

Opening Your HighLow Account

Before you can start trading on HighLow, you must open your account. This is a bit more involved than you may be used to on other binary options websites. You must be prepared not only to provide your basic information, but also to verify your identity right away using proper documentation. If you are from the USA, unfortunately you are not allowed to trade on HighLow.

While you are selecting your country, you can also choose a currency. Options include Euro, US Dollar, British Pound, and Australian Dollar. Numerous different deposit methods are available, including credit or debit card, bank transfer, bitcoin and a variety of e-wallets. The minimum deposit amount is just $50.

HighLow’s Unique Bonus Program

Now, what is really cool about HighLow is the company’s program for promotions and loyalty. Instead of following the match deposit model with high turnover requirements which is nearly ubiquitous among binary options brokers, HighLow follows a method which has a lot more in common with the loyalty programs popular at online casinos.

First of all, there is a system for earning points. Unfortunately, if all you trade each month is $10,000 or less, and you will not be able to earn points. But if you are trading more than that volume each month, you can earn between 3-10 points for every $10 you trade.

These points can be redeemed for cashback rewards. Cashback rewards are also given out ad-hoc to traders at all levels. All new customers also receive a $50 cashback bonus when they place their very first trade on the platform.

Why is the system superior to the bonus system which is so common among binary options brokers? For one thing, you get ongoing rewards, instead of just one big bonus when you sign up. For another, there are no turnover requirements to claim these rewards on HighLow. According to the company, “Traders can withdraw their funds (including redeemed cashback amounts) with no strings attached.”

This is quite spectacular, and ultimately worth a great deal more than bonuses which tie up your money and cause you inconvenient elsewhere.

Take note that there are no account brackets based on deposit amounts. The only differentiation between traders is the points tier they are allocated based on trading volume. There is a demo account you can use to practice trading, but no registration is required to access it.

Trading Features and Options Are a Bit Limited

The biggest drawback with HighLow is that there really is not a lot to trade, both in terms of assets and types of trades available. To start with, I only counted 25 different financial instruments, which included currencies, commodities, and indices, but not stocks. Many other binary options websites allow you to trade hundreds of different assets. So this may be a bit restricting.

The platform itself is easy to use and navigate, and includes a helpful feature called trader sentiment, which is a social trading indicator that shows you current trading trends as they are unfolding in the moment. Another handy trading tool is early close, which allows you to curb your losses when you think that trading conditions may be turning against you. While this is a common binary options tool, HighLow is a lot more transparent about its uses and limitations that most competitors.

Unfortunately, there are only two types of trades:

High/Low is the most basic type of binary options trade. Turbo is the short-term version of it. You will also notice that there are additional tree types called High/Low Spread and Turbo Spread. These are essentially the same, except that as the name implies, you pay a spread when you place these trades. Doing so allows you to receive a higher payout should you win—up to 200%. These high payouts are outstanding, and are among the best benefits of the site.

As to the amounts you can trade, the minimum investment amount is $10, while the maximum investment amount is $2,000. This is a fairly standard floor and ceiling for binary options trading, and is ideal for traders with small or medium sized accounts.

As to customer service, there is no live chat, which is certainly a drawback. There is a telephone number, and also a ticketing system which you can use to submit a request for help through a form on the contact page.

Conclusion: HighLow Has Its Pros and Cons, but the Promotions Are Outstanding

Most of the binary options websites which I research and review all blend together, one into the next. This is because the majority of them are white label sites which have simply taken a popular platform (like SpotOption) and given it their own branding, and call that their product. They have not taken the time to innovate and do something different which offers unique value to traders.

HighLow sets itself apart from that crowd. The promotions program this site has created is distinct from others, and is far more fair than the typical binary options bonus program. It truly does provide more in the way of value. If other binary options brokers would follow this model, it would probably improve the entire industry. This is not to say that HighLow does not have its disadvantages, but for the most part, this is a unique binary options broker with impressive benefits and features. If you are not in the USA, check them out; they may be an excellent choice.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
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    Good Choice For Experienced Traders! 2nd place in the ranking!

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