HighLow will now only accept traders from Australia

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HighLow

Broker Name: HighLow
Platform: MarketPulse
Founded: 2020
Bonus: VIP Welcome
Return/Refund: 75-85% /0%
No. Of Assets: 25
Regulated: ASIC
Demo Account: Yes
Minimum Deposit: 50
US Traders: Not Accepted

HighLow Review

HighLow is a trusted broker, owned and operated by HighLow Markets PTY Ltd, a financial services firm registered and regulated in Australia by the Australian Securities and Investments Commission under Australian Financial Services Licence (AFSL) number 364264. Their Australian Company Number (ACN) is 143 553 628 and their Australian Business Number (ABN) is 85143553628. It is important to note that the registration date for the ABN and ACN is 2020 and that is a very long time in binary options.

Editor’s Note: Why HighLow Doesn’t Suck in 50 Words

This broker doesn’t suck for a couple of reasons including transparency, regulation, trading and bonus terms (cashback). There are no hidden agendas here, no shady account managers and no onerous bonus terms. Instead, you have a broker operating in line with Australian financial regulations, an easy to use and trustworthy platform and a bonus that is actually that, a bonus.

Why HighLow Might Suck

This broker might suck because you won’t find all the exotic options like range, boundary, hyper, ladder, one touch or no touch. You also won’t find long-term expiry over one day as they seem more focused on fast trading. Another downside is the very limited number of assets (only 35) and just 5 cryptocurrencies.

Is HighLow A Scam?

HighLow is Not a Scam. If it is a scam, then it is perpetrated in conspiracy with Australian regulators and I just don’t see that happening. The company shows great transparency, as seen from the section above and it’s worth noting that all information I’ve just given you is available right on their website so I didn’t have to do much detective work, like in the case of other brokers. All I did was to confirm the information on the regulator’s page – everything checks out.

At the same time, the bonus (cashback) terms don’t indicate scam to me, in fact, quite the opposite, but you have to read on to find out what I mean. Until then, it suffices to say that any complaints you may find are trivial and/or the product of negative marketing.

Should I Open An Account With HighLow?

If you are looking for a respectable broker (the owning company is registered since 2020), with easy, and I mean easy, bonus terms as well as payouts up to 200% then I would say yes, you should definitely open an account with HighLow.net. Considering that most of the times I need serious detective skills to do proper binary options broker review, writing about HighLow.net was a breeze. I didn’t have to search the darkest corners of the internet to find out the name of the company, I didn’t have to read all their Terms and Conditions document to see if they have hidden strings attached. Nope, everything is out in the open, what you see is what you get, so kudos to HighLow for that.

The broker is built on the Markets Pulse platform, a full-service white label platform that we haven’t seen too much of until now. I think that will change. They offer the good old High/Low trading, High/Low Spread, Turbo, and Turbo Spread. The high/low is standard binary options presented on an easy to use the platform. The spread high/low is the same except the asset must close above or below a spread amount, usually, only a few pips, to finish in the money and earn a payout of 200%. Normal high/low pays in the range of 85%. Expiry is mostly short term. The longest is one day, which equates to a 24-hour expiry from time of purchase. Others include 30 seconds, 1 minute, 3 minutes, 5 minutes, 15 minute and one hour.

HighLow also has one of the easiest to get Demo accounts I’ve seen. You just click a button! That’s it; you don’t have to sign up, you don’t have to deposit, you don’t even have to give them your e-mail. All you do is click on “Quick Demo” and you will get a 10,000 virtual money account to play with. I don’t know if the demo is time-limited but it doesn’t really matter because clicking again on the button shouldn’t be much trouble.

On the other hand, if you want a real account, the minimum deposit is just $50, which is among the lowest in the industry. I never understood why brokers won’t let people just deposit low amounts (like 50 bucks). Surely, if the brokerage is offering a great service, clients will then deposit more, but let us invest small at the beginning until we get to “know” each other. Overall I like HighLow because they don’t seem greedy… yeah, I think that’s the main reason. They offer a service, which I consider excellent and then let you decide if you want to continue using it; they don’t tie you with bonus turnovers, they don’t make you deposit a lot and they offer a free demo (no deposit and no registration required). And let’s not forget the very important aspect of regulation: Fully Regulated by ASIC, with your money held in a different account than the company’s money. This is how brokers should do things!

Best Binary Options Brokers 2020:
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  • Binomo
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Their Australian headquarters are located at Level 14, Macquarie House, 167 Macquarie Street, Sydney, NSW 2000, Australia. It is also very important to note that these are physical addresses, not virtual offices, so traders can visit them just how they can visit a bank. Payment processing may be operated by their UK subsidiary, Highlow Markets Ltd, Level 4, 13 Regent Street, London, SW1Y 4LR, United Kingdom.

While regulated, they will accept clients from anywhere in the world (where such distribution is permitted by the laws of the country) but regulation only applies to Australian citizens.

HighLow Complaints

There really aren’t a lot of complaints on this broker. That’s maybe because they do things the right way, without the use of scams or bonuses and without annoying, high-pressure tactics. This doesn’t mean this is a perfect broker, just one that isn’t rocking the boat isn’t ruffling feathers.

HighLow Regulatory Warnings And Announcements

18.11.2020: HighLow Markets PTY Ltd appeared on a list published by Japan’s Financial Services Agency (FSA) that contained names of entities that operated financial instruments businesses without proper authorization. We’ve already mentioned before that HighLow regulation only applies to the territory of Australia so this warning is not a great surprise. However, we couldn’t find HighLow Markets PTY on FSA’s updated warning list (December 2020) which means they’ve probably solved the problem. Source for original FSA warning: FSA Weekly review No. 171.

HighLow Bonus

The HighLow.net bonus is one of the few in the industry I actually like. It is not a lure, a trick or a trap. It is a reward for trading, a real bonus, that you can get in two ways. First-time depositors can get $50 cashback on their first trade, after that you earn points through trading that can be redeemed for cash back once a month. The terms, enjoy the money. Once this bonus is redeemed and in your account, it is yours, without any strings attached.

HighLow Withdrawals

Withdrawals are super easy. They are processed within one business day if you are using Neteller or Bank transfer and in real-time for Visa/Mastercard. The minimum withdrawal is $50. There is a 1.5% fee for Visa/Mastercard/Neteller withdrawals and $20 for Bank transfers.

HighLow Extras

The Free Demo is the best one I’ve seen yet. No email, no registration, no deposit, just click a button and get $10K virtual money. Great stuff!

HighLow Ratings

User Friendly 17/20

This platform is super user-friendly. It is transparent, it’s regulated and it is easy to use. There are lots of educational materials as well, and a very friendly bonus policy. The minimum investment in a single trade is $10 (max $2,000), which is great for newbies because they can start small. Also, mobile apps are available for iOS and Android, so you can trade from anywhere. The website is translated into 3 languages.

Number of Assets and Expiry 16/20

Assets and expiry are both limited but not deal breakers. Their asset basket is composed of only 35 underlying, including 5 cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash). Expiries tend to the short term: 30 seconds 1, 3, 5, 15 and 60 minutes with one day as the single long-term choice.

Commissions, Support and Effective Returns 17/20

There are no commissions to open trades, just like with any broker, but you will have to pay a 1.5% withdrawal fee for credit card and Neteller withdrawals and a $20.00 fee for wire transfers. It is very important to note that withdrawals via credit card are processed in real-time and Neteller/Bank within one business day. Support is OK, they have plenty of resources, but no account “managers”. Returns are good, standard binaries return in the range of 85%, the spread options go up to 200%, which is really nice.

Deposit, Payments & Bonus 17/20

Deposits are easily made, through credit card, wire or e-wallet. Neteller is the favored e-wallet but you can choose from other 35+ methods (some may become available depending on your region), so I am sure you will find your preferred one among those. The minimum deposit is $50. Payments are processed instantly or during one business day depending on the chosen method. The bonus terms are fantastic. You don’t get the bonus upfront, tying up your deposit and profits, you get it after, as a reward for trading or in the form of cashback upon first deposit. Points you earn also include additional deposits you might make.

Website Extra’s 16/20

HighLow is a straightforward and honest broker, simply trying to deliver binary options to us traders. They are fully regulated and they offer segregated accounts, meaning that your money is held in Client Money Trust Accounts with National Australia Bank (NAB), an AA-rated top-tier bank, not in the same accounts as the company’s money. Oh, and did I mention the amazingly easy to get 10,000 USD Demo? Yup, I did but I had to do it again.

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.

Binary Options in Australia

The #1 Binary Options Trading Guide for Australian investors. On this website you will find strategies, tips and the best Australian Binary Options broker reviews.

Start trading 100+ stocks, currencies, commodities and indices. You should start by picking one of the trusted brokers at the top of this page.

Where To Start?

  • HighLow Review: Highlow is one of the best trading platforms. The company is registered in Australia and they have an Australian ASIC license.
  • EasyMarkets Review: One of the best Australian brokers. They don’t offer binary options trading, however you can trade CDFs on forex, commodities, cryptos and indices.

More and more Australians are looking for the best binary options brokers. That’s no wonder, considering the success and ever-growing popularity, that binary options trading has at the moment.

One of the fastest and easiest ways of earning profits is to use binary options trading here in Australia. It is also possible for you to earn bonuses and other great extras.

The best alternatives to binary options brokers are Forex Brokers, CFD Brokers and Bitcoin Brokers.

There are some brokers that are regulated in Australia, while others are regulated in Cyprus, Europe, but they all accept Australian traders. In addition, they even accept all the payment methods preferred by Australian traders.

If you don’t have a trading strategy yet or if you want to try auto-trading then we recommend BinBotPro.

Forex, Cryptocurrency and CFD Trading For Australians

Name Min. Deposit AU License Features Review
$100 YES + ASIC License FREE ACCOUNT

What Is Forex Trading?
The best alternative to binary options trading is Forex/CFD/Crypto trading. Forex has been around for longer than binary options, and there are many safe and licensed forex brokers.

The main difference between forex and binary options is that with forex there are no limits to how much money you can make or lose. Of course there are tools to control this (like stop loss). Also you are not limited to any timeframe. You decide when you want to open or close a trade. Forex is more flexible than binary options.

Best Binary Options Robot For Australians

Name Min. Deposit Max Returns Features Review
AU$250 90% + FREE SOFTWARE FREE ACCOUNT

What Is A Binary Options Trading Robot?
If you are looking for an automated way to trade binary options, then a trading robot is for you. With these robots, you can trade even when you sleep. Just make the necessary settings in the software and start trading. The BinBotPro software is free, if you sign up through one of their recommended brokers.

Yes, there are no laws that restrict binary options trading to Australians. Most brokers that we recommend on this website have an ASIC license, which means that they have an official license in Australia. Most of these brokers have their headquarters in Australia. Take a look and compare all licensed binary options brokers and pick one that you think suits you most. Make sure you sign up with one of the top binary trading sites for Australians.

We recommend that you pick a broker with an Australian Securities & Investments Commission (ASIC) license. This way to can make sure that your funds are safe.

Binary Options Trading for Australians

We will show you how to get started with binary options trading. After you have picked a broker, registered and logged in, a drop down menu will appear on the screen as follows:

  • Select an asset and time of expiry for your binary option.
  • Click on assets and a list will appear with their expiry time.
  • Once you have analyzed the information, press the select on your chosen asset.
  • Next you need to choose either Call or Put option. When you have done this, a current price will appear on the screen. It will also show you the expected payout on your investment letting you see how much profit or loss is involved.
  • Put in the amount of cash you want to invest. You can base this on the amount of money you will make if the option expires in the money.
  • When the time has expired you will see n the screen the price of the asset. You will then be able to see if you have made or lost money. If you have predicted correctly and your binary option expired in the money you will get the money projected in the initial investment. If you have predicted wrongly, and you end up out of the money, many of the brokers in binary options trading Australia will refund 15 per cent of the money you invested.

Online binary options brokers make it simple for you. These types of brokers are not middlemen in that there is no bargaining with them and they are not paid any commissions. In Australia, they also call them binary options trading platforms. These brokers are well set up in the financial markets and their support is usually very friendly and responsive. Everything is made easy for you as there are no agents to deal with making it a good investment option.

Trading options in your country is as easy as signing up and depositing with your favorite payment method. Most binary options brokers accept all credit and debit cards, bank wire and skrill, but you can find our more about the best binary options brokers that accept all payment methods.

The first step is to register and in no time you will be an investor on an online brokerage, but before starting to trade it is worth your while to read the training guides. There is no registration fees required from the majority of brokers. You do, however, need to open an account at the time of registration and make an initial deposit. Once this is done, you are ready to start investing.

You are now trade in binary options trading Australia from anywhere as long as you have an internet connection. Enter the site of your broker and immediately begin to deal electronically.

Best Binary Options Broker In Australia

HighLow is the most popular and trusted Australian binary options broker. All traders get a special welcome bonus. This broker offers a huge variety of payment methods and their support team is top notch. > Find out more

Other Good Binary Options Brokers Australia

VantageFX is one of the best AU binary options brokers, because it is actually based in Australia. You can’t go wrong with this company, because it is considered to be the safest choice. The minimum deposit is only $100 for a limited time. > Find out more

Binary Options Trading Australia

Binary options is a completely electronic or digital method of trading, without any hassle and you can make huge profit in one day as the turnover is hourly. Another benefit is that there is no need for you to be a financial or economic genius. All relevant information is displayed on the screen and is user friendly, enabling you to make a decision.

If you are unsure where to start, you can check out binbotpro the auto-trading binary software.
Here is a list with all binary options brokers that accept Australian traders (we only recommend the licensed brokers):

Name Bonus Deposit Payout % Visit
HighLow 100% AU$50 200% Visit Broker
VantageFX 100% AU$100 85% Visit Broker
BinBotPro 100% AU$250 90% Visit Robot

Best International Binary Options Broker

Finrally accepts traders from all countries including Australian traders. They have a great welcome bonus of up to $250 on your first deposit. Finrally does not have an ASIC license but offers a better bonus and more assets to trade. The minimum deposit is $250 and the average payout is 90%. Sign up here.

Binary Options Signals Australia

If you are new to binary options trading and you don’t have a winning strategy yet, you can always try a binary options signals service, also called binary options robot. These signals will give you ideas on which assets you should invest next. Some binary signal providers have success rates of

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Good for Beginners!
    Free Education + Free Demo Account!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

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