HighLow Binary Options Review

HighLow Review
Official Name: Highlow
Regulated by: AFSL in Australia
Headquarters: Sydney, Australia
Established: 2010
Trading Products offered by HighLow
Binary Options
Minimum Deposit
$50 or $10 for Australian Traders
Demo Accounts

Why HighLow?

HighLow is a binary options broker that is based in Australia and is regulated by the Australian Securities and Investments Commission (ASIC). This ensures that their trading activities are trustworthy since they are being monitored by a recognized government agency whose mandate is to protect the interests of the consumer.

Highlow’ mission is to make the process of trading binary options easy and enjoyable so that anyone can participate in the markets with minimal risk of losses. Traders can earn high payouts of as much as 200% of their initial investment for winning trades. Even if you don’t know anything about binary options, you can learn quickly through the educational resources available on their site.

HighLow gives traders of all skill levels the chance to get exposure in the markets without the risks involved with actually having to trade the underlying asset. More advanced traders have the option to customize their trades by changing the conditions of the contract based on their preferences and their analysis of where the market is going.

You can start trading with low amounts and gradually increase your investment as you become more skilled. Or you can practice with a Demo account and then switch to a live account once you feel that you are ready.

HighLow – Pros and Cons

Pros with Highlow

Highlow is regulated by the Australian Securities and Investments Commission. The ASIC is a state regulatory agency that oversees financial services providers and the products and services they offer. They have the power to protect consumers against the misleading conduct of these companies by levying penalties such as fines and other sanctions as provided under Australian law.

They provide a demo account. Demo accounts give new traders the opportunity to practice their trading skills without having to risk real money. It also allows them to become accustomed with the various features on Highlow’s trading platform, so that when they finally make live trades, they can do so without the risk of making a mistake and compromising their trade.

High payouts: Traders can expect payouts of as much as 200% on winning trades, based on how much risk is involved in the trade.

Low minimum deposit: HighLow’s initial deposit requirements are among the lowest in the binary options industry.

Cons with Highlow

Highlow does not accept traders from the US. Unfortunately, this means that a lot of traders from this lucrative market will be excluded from being able to sign up with them.

They have a limited number of tradable assets. Their strength is in currency pairs since Highlow only offer a few stocks and precious metals for trading.

Highlow’s Accounts and What to Expect

In order to create an account with HighLow, you are required to fill up an application form, which can be found online. You can also ask for a form by contacting the broke directly. Once the application is accepted, you will have access to all the services and products that you applied for in the form.

You will have to provide some personal information when you fill up the form. To ensure your privacy, only the minimum amount of information is collected. Under law, HighLow is required to tell you why it is being collected and provide you with access to it upon request.

Once your Highlow account is active, you have access to the HighLow trading platform. You can also open a transaction once you have sufficient funds in your account. If you have any questions about your account, the site provides you with many options to find answers. There is an extensive FAQ page on HighLow’s website as well as a downloadable Product Disclosure Statement. You can also contact customer service if there are pressing issues you need addressed.

Trading Platforms Offered by HighLow

A trading platform allows you to interact with an online broker. You can use it to make and manage your trades as well as to monitor your positions. They may also come with trading tools such as charting software and access to real-time price data and news feeds.

HighLow offers its traders the MarketsPulse web-based trading platform. This is a platform specially designed for binary options trading which has been gaining popularity due to its ease of use. This is particularly important for traders since many of them are not technically oriented and don’t want to have to spend a lot of time learning how to use a platform.

You use the MarketsPulse platform through your web browser so you don’t need to download any software to your computer.  This gives you the added benefit of being able to trade using any mobile device since can simply log-on from wherever you are.

While it may not be the most attractive-looking platform, it more than makes up for this lack with its high level of functionality. Traders can easily make trades from the interface, which is easy to read and has simple menus. To highlight important information, Highlow’s platform uses bright colors to catch the attention of the trader. But you are also provided with customization options so that you can adjust them to suit your personal preferences.

You can access all the features of the platform through its Trade Area Balance Bar. It also displays important data about your account, such as your balance as well as any Cashbacks you have received.

If you have an open trade, you can monitor it using Highlow’s Chart Panel. It displays your selected asset and its current market value, which is displayed in real-time and thus constantly fluctuates. It also shows you the price level at which your trade began and where it will end. Live trade markers let you monitor your trades to see which are winning and which are losing, so that you can adjust your positions accordingly.

The Transaction Panel displays the asset being traded, the time before the option expires and its expiry time. This is where you will open a trade by choosing how much to invest or picking a pre-defined amount, as well as deciding which option to buy.

You can view a list of all your open trades in the Current Activity bar, which displays data such as the asset, the strike price, the investment amount and the payout. You also have the option to close your trade early by clicking on the Take Payout button, but you will only recover a portion of your premium.

Mobile Trading Platforms – HighLow Binary Options has it all!

You can trade binary options from your mobile device by downloading the HighLow app. It is available for iPhone (iOS 8 or higher required) or Android (Android 4.0.3 or higher required). Download links are available directly from the HighLow site. You can also find the apps if you search for HighLow in your app store.

Trading Options Offered by HighLow

Binary options provide traders a simple way to indirectly trade in the financial markets without the risk of having to buy and sell the underlying asset. They are very easy to understand compared with the complexity of trading assets, which means that anybody can get into them and start earning money by taking advantage of price fluctuations in the markets.

First, a brief explanation of what an options contract is. This type of contract gives the holder the right, but not the obligation, to buy or sell an asset at a pre-determined price and by a particular date. The holder can exercise their option before the contract expires, or they can do nothing and the contract will simply lapse, with no other obligation on their part.

In binary options, the trader simply purchases an options contract based on a certain financial event happening by a particular time. There are only two possible outcomes – if the event happens, then the trader earns a payout, but if it does not, the trader loses the amount he paid for the contract (known as the Premium).

A basic type of binary option is the high-low. The way it works is that an at-the-money price for an underlying asset is established as a baseline. The trader then has to decide if the price will go higher or lower than the at-the-money price, and buy the option based on his choice. If he guesses correctly, then he will earn a pre-set payout. If not, then his loss is limited to the cost of buying the option.

HighLow also offers the following option types:

High-low Spreads. In this type of option, instead of an in-the-money price, there are two prices: the bid and ask price of the asset. The trader simply has to decide if the price of the asset will go above or below the price range, then buy an option based on his choice.

Turbo. This type of binary option is basically high-low, but allows the trader to choose the term of the option, which can range from 30 seconds to five minutes. This gives the trader the flexibility to take advantage of short-term patterns in price fluctuations that could indicate that a price movement is about to happen.

Turbo Spread. This binary option works the same way as the high-low spread, but allows the trader to choose the term of the contract. The main advantage of this option class is that it gives higher payouts if you make the right choice.

Traders can also choose from the following asset classes on Highlow:

Currencies: This type of trading involves buying a certain currency while simultaneously selling another one. Thus, trades are expressed in terms of currency pairs, i.e. EUR/USD or USD/JPY. The forex market is the world’s largest financial market and provides individual traders plenty of opportunities to make money. Currency trading is an ideal choice for speculators and short-term traders who are willing to accept a certain amount of risk. Binary options give traders an easy way to profit from investing in forex while minimizing their trading risks.

Commodities: These are basic goods that are generally used as inputs for production, such as oil, grains and crude oil. They are generally traded using futures contracts that give the holder the right to buy or sell a commodity at a set price and by a certain time in the future. However, futures contracts trading is a complex activity that is generally undertaken by more experienced traders. Binary options allow traders to have invest in commodities without the risk of exposure posed by futures contracts.

Stocks: These are shares issued by a company that give the holder claims to their earnings and voting privileges during stockholder meetings. Although there are many day traders who specialize in stock trading, stocks are generally seen as an ideal long-term investment since their values generally increase over time. Binary options allow you to profit from stock trading without the risks involved with actually having to buy or sell shares of stocks.

Highlow’s Bonuses for New Traders

HighLow provides a $50 cash back for new traders who register for a free account and make an initial deposit. Traders can withdraw their funds plus the bonus once they redeem the cash back, with no strings attached. Other brokers generally attach many conditions before traders can redeem the bonus, such as having to trade it a certain number of times before it can be claimed.

HighLow Binary Options, a scam?

Although there are many companies that are actually scam sites out to cheat their clients, HighLow is a professional online broker that goes out of its way to ensure that its client’s interests are protected. Aside from being regulated by the ASIC, HighLow keeps its traders money in a segregated trust account that is separate from the company’s own assets. This means that, in case of the company is liquidated, you can still recover the money since it will not be available to pay creditors. However, these are not individual accounts but a joint account that is held with the National Australia Bank (NAB), one of the country’s top banks with an AA-rating.

HighLow Demo Account and VIP Programs

As we have already mentioned, there is a demo account available for new traders that they can use to make paper trades. Each account comes with a certain amount of virtual money to give traders the feel of making actual trades.

HighLow also has a VIP program called HighLow Points program rewards traders for their loyalty by giving them cash back rewards based on their monthly trading activity. You can earn points for every $10 traded, whether the trade is successful or not.

Traders are classified into four tiers based on their monthly trading volume. They can earn as many as ten points for every $10 if they reach the highest tier.

At the end of the month, your accumulated points are converted to cash backs that you can redeem on the subsequent month’s first trading day. The amount of your cashback appears on the trading platform next to the amount available in your trading account, and you can use the bonus to make trades.

Deposit and Withdraw your Funds from HighLow

You can make deposits or withdrawals to your HighLow account using the following methods:

Credit Cards: HighLow accepts Visa and MasterCard credit cards to fund your account. Deposits are instantly credited and the minimum deposit requirement is $50 and the maximum deposit is $20,000.

Neteller: You can use this payment solution to deposit and withdraw money from your Highlow account. Withdrawals are made instantly although there is a minimal processing fee. The maximum amount of withdrawals made through Neteller is $20,000.

Bank transfer: Funds can be deposited directly into the segregated trust account held with NAB. Withdrawals can also be made directly to your bank account. However, deposits and withdrawals will not be instantly credited since they are only processed twice a day. You can deposit as much as $1 million in your trading account through bank transfers.

HighLow also accepts local payment methods for making deposits, and you can check the availability of these for you in the trading platform. These include Maestro, SporoPay and GiroPay.

HighLow Customer Service

You can contact HighLow support by creating a Support Ticket. Australian phone support is also available but only during working days. Phone support hours are limited from 9 am to 4 pm. But you are asked to check out the FAQ or Resources pages first, since your Support Ticket will be put to the back of the queue if the answer can be found there.

Online guides on Highlow

There are many educational resources available on the HighLow site for traders. For instance, there are Video Tutorials introducing the various sections of the trading platform and giving a quick overview of how to trade the various option types. There is also a glossary of commonly used terms. And you can take a walk-through of the platform so that you can see how it works and what features are available.


HighLow is a good choice for traders who are just starting out in binary options to open an account. The site is designed to help those who are not familiar with this type of exotic option to learn what they are about and makes it easy for them to begin trading once they are ready.

Highlow’s trading platform is designed to be easy to use, with an intuitive layout that organizes the features into sections. This makes it simple for traders to find what they need when they are making trades.

Traders also don’t need to worry about the security of their funds since these are kept in a segregated trust account apart from the company’s own assets. In addition, HighLow is licensed and regulated by the Australian Securities and Investments Commission. This ensures that the products and services the broker offers are trustworthy.


Highlow’s headquarters are located in Sydney, Australia
1300-870-442 (Use Australian Code)
Not available. Customers are requested to use the contact form on Highlow’s website.


24/7 support
Support during weekends
Contact Methods
Phone or Contact Forms
Support Languages
Mainly English

Trading Account

Account Currencies
Available for US Traders
Highlow is not available for US Traders.
Minimum Deposit
50 USD (Or 10 AUD for Australian Traders)
Minimum Trade
AUD $10, USD $10, GBP £10, EUR €10
Maximum Trade
Up to AUD $2,000, USD $2,000, GBP £1,000, EUR €1,500
DEMO account
Available. We recommend you to sign up for regular account with HighLow in order to get your access to the demo.
Deposit Options
Visa, Master Card, Neteller, Bankwire, Sofort, Giropay, Sporopay. There are over 35 deposit options available on Highlow.
Withdrawal Options
Neteller, Bankwire.

HighLow's Trading Platform

Mobile friendly

Extra Tools offered by Highlow


Trading with products promoted on Binaly.com is highly speculative and carries a high level of risk.