An Honest Review on HighLow Broker
There is a number of binary options brokers in the market. Only a few of them are legit and trustworthy. We receive a lot of complaints about different brokers from traders. Most of the complaints are about price manipulation and withdrawal issues. So, finding a regulated and trustworthy broker is very crucial. Today The Republic is presenting you with HighLow broker review. The HighLow broker is one of the most recommended brokers by The Republic. We are going to look at different aspects of HighLow and find out why it is one of the best brokers available in the market. In our review, we investigated the broker carefully from different angles. Read our HighLow broker review before you decide to invest.
A brief history of HighLow
Established Since: 2014
Regulated: Yes, ASIC
Payouts: Up to 200%
Bonus: $50 instant cashback!
Min Deposit: $50
Min Invest: $10
Max Invest: $1000
Demo Account: yes
Assets: Currency pairs and Indices.
Accepted Countries: Not all. Read below.
Mobile trading app
Awesome customer service
Does not accept the USA and Some other countries.
Detailed HighLow Broker Review
Is HighLow Regulated?
The obvious sign to confirm a legit broker is to check the regulatory body. Most of the brokers in the market is unregulated and are a nightmare for clients. The HighLow broker is highly regulated by Australian Securities and Investments Commission (ASIC). ASIC is one of the most strict regulatory bodies in the world. Brokers are obliged to comply with their strict regulations to run the business. ASIC banned several unregulated brokers from running their businesses in Australia. As a result, HighLow by law is obliged to keep funds of every client in segregated Client Money Trust Accounts and is held in an AA-rated top-tier bank. In addition, HighLow has large insurance policies to protect traders against broker collapse. In terms of regulations, HighLow is one of the safest broker available in the industry.
Instant $50 Cashback
There are brokers who will give you different kinds of bonus offers. Sadly, there are hidden terms & conditions. Most of the brokers require you to do an insane amount of trade volume to claim those bonuses. Consequently, you can not withdraw your funds before you reach that insane trade volume. HighLow, on the other hand, is totally different in terms of bonuses. Once you open an account and deposit your fund, you will receive $50 cash instantly. Especially the bonus money will be shown separately and you can trade with the bonus fund right away. After winning a trade, HighLow will transfer the invested bonus and the profit to your original fund. The most noteworthy point of the broker is there are no restrictions in withdrawing your fund.
One of the drawbacks of HighLow is that it does not offer a lot of assets to trade from. They offer 9 currency pairs and 7 indices. Currency pair includes AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, USD/JPY, NZD/JPY, NZD/USD. In addition, SS, FTSE, Dow, S&P are some of the indices traders can trade from. While a number of common assets available, it will not affect most of the traders.
Trading Platform and Instruments
Our HighLow broker review looked at the platform extensively. They have one of the most user-friendly platforms. Thanks to the version 2 of their platform which made it even easier and faster trade possible. Furthermore, the platform itself is unique if we compare it with other platforms in terms of graphics and options. Most of all, Highlow developed their own mobile app. Therefore traders have the independence to trade from anywhere.
HighLow offers almost all types of trading instruments. Classic high/low, high/low spread, turbo, turbo spreads are available for traders. There are expiry times from 1 minute to one day. Finally, the trading platform is very responsive and executes trade almost instantly.
HighLow accepts clients from different countries. The broker accepts clients from Australia, New Zealand and Netherlands. They also accept clients from Scandinavia, Sweden , Norway, Demark, Finland, Jordan, Egytp, Oman, Bahrain , Dubai, Qatar, Saudi Arabia, Germany, UK, Italy, Japan, China etc.
Deposits and Withdrawals
First of all, HighLow offers different types of deposit and withdrawal options. Clients can deposit using Neteller, Master Card, Visa, Wire transfer. The process is pretty fast and secure.
Unlike other brokers, HighLow will not call you to keep your money with them, which is pretty impressive. The most noteworthy feature of this broker is, your find will appear in your Neteller account instantly when you click to withdraw.
We found the HighLow customer service very professional and friendly. They respond to any inquiry in a very timely manner.
The Republic’s Verdict
Finally, we would like to endorse HighLow as a very legit broker. The Republic highly recommends the HighLow broker to our clients.