Is HighLow a Scam Binary Options Broker or Not?
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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|
This is a binary options broker situated in Sidney Australia which was incorporated on May 10th 2010, and is regulated by (ASIC) Australian securities and investment commission. HighLow offers an online binary trading option solution to its traders, as well as a free mobile application that can run on either Android or iOS devices. The company hosts a Monday to Friday customer support line which runs from 8am to 6pm AEST/ADST. This support line provides timely professional advice to its traders in regard to their investments.
It is easy to trade using the binary options at HighLow and all that is needed is a visit to the website to open an account, a process that takes less than five minutes. At HighLow no software is required to be downloaded since all the work is done on the website. Deposit requirement will vary depending on the currency; Australian dollar is $10 through a wire transfer whereas for Netteler and credit cards the amount is $50, and while using the US dollar the minimum is $50.
The company is regulated and registered by ASIC whereas the parent company is a registered financial service provider whose physical address is Australian. Highlow therefore must comply with Australia’s regulations and laws. Which means the broker can get their licensing only when they meet the very stringent capital requirements as well as having to comply with other internal procedures, accounting, audits, staff trading and risk management.
The company holds customer’s money in segregated trust accounts in a secure and safe bank called the national Australian bank. HighLow uses security protocol SSL that does encryption of details for transactions done over the web, to ensure that the customer’s personal information is not compromised.
HighLow Demo Account
Whenever a client signs up at HighLow binary options platform, they get a demo account where four types of binary options are found for trading. These options are spread high/low binary, high /low binary, spread on demand and the binary options on demand. The payments will vary with the options chosen – 20% for the spread high/low binary options and 175% for the usual high/low binary options. The binary options at HighLow also have different expiry dates from one day to one minute from the time of demand, dependent on whether you are trading on the traditional binary options or on demand option respectively.
For the fresher’s who are making an entry into the financial markets, HighLow binary options broker is an ideal place to start with the free demo account loaded with $10,000 which is accessible on all their pages by a simple click on the icon quick demo account. The demo accounts aides in acclimatizing a person to the binary options that are availed when trading without actually having to register.
The maximum trade size at this binary options broker is $1000 whereas the lowest size is $10 and no restrictions on trading for a single tradition however the maximum exposure is limited to $20,000. An account however cannot hold more than $100,000 exposure.
HighLow Trading Platform
A research reveals that this binary options broker is a dependable with a decent asset portfolio of 1 commodity, 5 indices, and 17 currency pairs. The binary option online platform is in Japanese and English, user-friendly and intuitive with a very low minimum deposit, and a hassle free secure withdrawal of funds system. The binary options broker also has a 4 tier loyalty program that offers cash back on accumulated points to a users account for any $10 that is traded with the company.
There is no reason to question this company’s reliability since it has been confirmed not be a scam. The only bone of contention that is visible on web pages is the fact that no trading can be done on stocks at the binary options broker, but this is hoped to be addressed in future. This however does alienate complaints of those traders who make wrong decisions but as to funds safety and reliability, this would be a great choice for anyone.
HighLow Deposit and Withdrawals
The minimum required to open a real account and start to trade is a meager $50 and the minimum too that can be withdrawn is another $50 with the exception of the closure of an account since smaller amounts may require withdrawing. Whenever a submission to withdraw is presented to HighLow before 2pm, the processing takes effect same day but the time it may take for these funds to reach an account can be between one to three days. This binary option broker is unique in the fact that it puts no limitations as to the cash back withdrawal without fulfilling any number of trades as is with other entities in the binary options industry.
HighLow offers cash back of up to $50 on the first trade which is quite unique since other binary option traders provide percentages instead of a specified figure. Traders may expect other offers in future since this cash back on first trade is the only bonus available currently.
There are many advantages to trade with HighLow. This binary options broker is different from the others on the market – it can provide traders with great customer support, to answer all your queries and to trade binary options more successfully.
HighLow has generous bonuses and promotions that investors can regularly benefit from. With so transparent Terms and Conditions traders can rest assured that they are trading with a broker who is away from participating in any fraudulent activity.
Our team at 10BestBinaryRobots.com can recommend HighLow – this conclusion is based on traders’ positive comments and the overall high results achieved during the unbiased testing of our experts.Visit Site