HighLow Demo Account

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HighLow Demo Account

Before depositing real money, it’s usually a good idea to try out the demo account of that broker first. Fortunately Highlow offers a demo account for free. You don’t even have to make a deposit to access it.

HighLow is one of the few Australian brokers around. What’s more, they are even licensed and regulated.

This is quite unusual for a binary options broker and as such, offers a great deal of credibility to the broker.

While these are important aspects for a broker, it can be difficult for traders to make a decision solely based on these features. In fact, it can be quite confusing to choose a particular broker without understanding what they or their trading platform have to offer.

This is one of the reasons that demo accounts exist.

How To Create A HighLow Demo Account

A lot of brokers do offer traders the opportunity to open up a demo account with them.

HighLow, however, takes this one step further by offering potential traders an option that is even easier. In order to use the HighLow demo account, you do not have to sign up for any of their services or accounts. This is quite different to what most other brokers offer traders.

Steps To Follow To Open a Demo Account on HighLow:

  1. Visit the HighLow website. Once there, you can ask to access their demo account.
  2. You do not have to enter any information or register for any account. You are also not required to part with any financial information or provide your credit card details either.
  3. The demo account is actually a webpage on the website. It is immediately accessible by any trader who visits the website. This makes this whole process incredibly easy and simple.
  4. You can begin reviewing and placing practice trades instantaneously.
  5. If you wish to begin placing real trades with HighLow, you simply have to sign up for one of their accounts.
  6. Here, you will only have to deposit 10 Australian dollars in order to begin investing in trades.

About The HighLow Demo Account

As you can imagine, one of the shining features of the HighLow demo account is the ease with which you can access it. The trading platform is exactly what you can expect if you decide to register with one of the HighLow accounts that are real. HighLow offers you something as well.

In addition to having the platform right on the site, the broker also offers virtual money.

HighLow provides possible traders with a lump sum of $10,000 in virtual funds. You can use this money to trade as you see fit with the assets that are available to you. Furthermore, the trading takes place in real time, offering each trader up to date statistics regarding the marketplace.

What’s more, you get to choose from Spread High/Low trades, High/Low trades, On Demand trades, and Spread On Demand trades.

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This will provide you with a variety of assets to select from. You can then choose when the trade is going to end and how much you would like to invest. As a trader, you will also have access to the bull and bear situation and just how much payout you can expect from your trade. The experience is exactly what you will be able to observe if you opt for an actual trading account.

The Benefits of the HighLow Demo Account

The HighLow demo account offers something that few other brokers do. In this instance, it really is in a league of its own. You can familiarize yourself with the overall layout of the trading platform and the account. At the same time, you will be able to construct trading strategies and experiment with them. All of these can be done without having to spend any of your own money.

Almost as good, you can do this from the moment that you visit the HighLow website.

This is how you can use the demo account provided by HighLow binary options broker. This way, you will be able to take a look at how the trades are placed and determine how to place your own.

HighLow Demo Account

HighLow belongs to ASIC regulated brokers, meaning traders from Australia are welcome to register and trade with this brokerage company. There are many traders that ask if HighLow broker has a demo account and in this article, we will present all information from our deep analysis about demo feature.

If you are considering registering with HighLow broker, you have the opportunity to test your trading skills first because this broker has ensured traders get the insight into their trading platform, even before they place real trades. Find out more about HighLow demo in further text.

Traders who want to find out more about HighLow broker can read our HighLow broker review here. We have analyzed all important facts that will be useful when deciding on trading with this broker.

Does HighLow has a Demo Account and is it Free?

Yes, HighLow broker is supported with the demo feature. Besides it is regulated with ASIC, traders have the opportunity to sharpen their trading technique.

One of the first aspects we have inspected was the fact if HighLow demo account is free or not. It didn’t take a long time to see that traders don’t need to pay anything in order to get HighLow demo toll. Even better, after we have visited HighLow website and found demo button, we have decided to test it.

Do I Need to Register and Deposit in Order to have a HighLow Demo Account?

No, you don’t. HighLow is one of the rare binary options brokers that allow traders to start using demo account even before they make registration with them. This means that traders just need to visit HighLow website and begin trading with the demo. Just go to HighLow website and choose “Resources” tab where you will see Quick demo button. Traders don’t need to provide their email address or any other personal information.

HighLow has focused on training and educating their traders before they start investing real money. We strongly support this decision and hope that more brokers will follow HighLow and do the same.

HighLow Demo Account for Both Beginners and Experienced Traders

No matter if you are a complete newbie or experienced in trading binary options trading with HighLow demo account can’t hurt you at all. The only thing you can lose with a demo account is time because traders can’t lose their money, at least not the real one.

When logged on the HighLow demo platform, traders will be able to see the same thing as those traders that have registered with real HighLow account. This way traders can make a research and find out what options they have with this broker. It is always important to know the trading platform you are about to invest your money. HighLow demo account enabled traders to place real trades with virtual money, which means there is no risk if you made a mistake.

How Much Money do I have with HighLow Demo Account? Traders that decide to go with the HighLow demo option are granted ith $10,000 of virtual currency. Looking from our perspective, this amount is more than enough, at least if you don’t plan to place the whole amount on one trade.

Traders that spend all their virtual money amount can close the site and just try again and do it for as many times they want. This is great because most brokers allow their demo features for specified period of time so they can’t practice as long as they want.

How does the HighLow Demo Platform Looks Like?

The demo platform looks exactly like the real platform is like. The goal of HighLow demo dashboard is to get familiar with the menus and the options and charts available. Because of that traders have the same platform as they will have after they register with HighLow.

The HighLow demo interface has a dark background and yellow charts. We think it is very user-friendly and simple to use, even for beginners.

The upper part of the platform shows the available trading options so traders can pick the option they want to trade with. HighLow is supported with High/Low, Highlow Spread, Turbo and Turbo Speed options. Every of those options is equipped with different expiry times and assets.

HighLow allows traders to choose between:

  • 30 seconds
  • 1, 3, 5 minutes
  • 15 minutes
  • One hour
  • One day

Traders are welcome to pick between a vast amount of stocks, indices, commodities and currency pairs. Traders can play around with the platform and mark the favorites according to their preferences.

Below the menu traders can see a simple overview of the chosen assets, the expiry time, payout, current value and tie when the trade will close.

The rest of the HighLow platform is reserved for the chart and executing trades. The trading chart is very simple which might definitely help those who are new with binary options. The right side of the HighLow chart allows traders to enter the investment amount and choose the direction the asset will go. Yellow button “Invest” activated the action and executed chosen trade.

Open the Real HighLow Account After Practicing

Some traders need more time, some need less time for practicing. HighLow broker allows traders to practices as much as they want and to use their educational materials in order to understand the whole process of binary options trading.

Those who feel they can start trading for real can register with HighLow and start investing real money. HighLow broker is a really extraordinary broker and it allows traders to start trading from just A$10. This minimum deposit is considered to be below the industry average as the average is between $250 and $300. The minimum trading amount with HighLow is also A$10. The broker allows up to 90% payouts which are pretty high.

HighLow broker is present in various countries and it is especially known in Australia, South Africa, Europe and the Middle East. Unfortunately, HighLow is not supported for US customers. Traders that decide to trade with this broker will have the opportunity to place trades on the MarketsPulse trading platform.

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
    Binomo

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

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