high low binary options review
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 beingness monitored by a recognized authorities 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 take chances of losses. Traders tin can earn loftier payouts of as much as 200% of their initial investment for winning trades. Fifty-fifty if you don't know annihilation almost binary options, you tin can learn quickly through the educational resources available on their site.
HighLow gives traders of all skill levels the adventure to get exposure in the markets without the risks involved with actually having to trade the underlying nugget. More advanced traders have the option to customize their trades by changing the weather of the contract based on their preferences and their assay of where the market is going.
You can offset trading with depression amounts and gradually increment your investment as you become more skilled. Or you tin practice with a Demo business relationship and so switch to a alive account once you feel that you are ready.
HighLow – Pros and Cons
Pros with Highlow
Highlow is regulated past the Australian Securities and Investments Commission. The ASIC is a land regulatory agency that oversees financial services providers and the products and services they offer. They accept the ability to protect consumers against the misleading bear of these companies by levying penalties such as fines and other sanctions equally provided under Australian constabulary.
They provide a demo account. Demo accounts give new traders the opportunity to practice their trading skills without having to risk existent money. It as well allows them to become accustomed with the diverse features on Highlow's trading platform, so that when they finally make live trades, they tin can do and so without the risk of making a mistake and compromising their trade.
Loftier payouts: Traders can expect payouts of as much equally 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 United states of america. Unfortunately, this means that a lot of traders from this lucrative market volition be excluded from existence able to sign up with them.
They have a express number of tradable assets. Their force is in currency pairs since Highlow only offer a few stocks and precious metals for trading.
Highlow's Accounts and What to Await
In order to create an account with HighLow, you are required to fill up an application course, which can be institute online. You can also ask for a form by contacting the broke direct. In one case the application is accustomed, you will take access to all the services and products that you lot practical for in the form.
You lot will accept to provide some personal information when you fill upwardly the form. To ensure your privacy, merely the minimum amount of information is nerveless. Under police, HighLow is required to tell you why it is beingness collected and provide you with admission to information technology upon request.
Once your Highlow account is active, you have admission to the HighLow trading platform. You can also open a transaction once you take sufficient funds in your account. If you accept any questions about your account, the site provides y'all with many options to find answers. At that place is an extensive FAQ page on HighLow's website as well as a downloadable Production Disclosure Argument. You can also contact customer service if there are pressing issues you need addressed.
Trading Platforms Offered by HighLow
A trading platform allows yous to collaborate with an online broker. You can use it to make and manage your trades every bit well as to monitor your positions. They may also come up with trading tools such every bit charting software and access to real-fourth dimension cost 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 peculiarly 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.
Yous employ the MarketsPulse platform through your spider web browser so you don't demand to download whatever software to your figurer. This gives y'all the added do good of existence able to merchandise using any mobile device since tin can merely log-on from wherever you are.
While information technology may not exist the well-nigh attractive-looking platform, it more than makes upwardly for this lack with its high level of functionality. Traders can hands 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 take hold of the attention of the trader. But you are also provided with customization options then that you can adjust them to arrange your personal preferences.
You tin access all the features of the platform through its Merchandise Area Balance Bar. Information technology also displays important data well-nigh your account, such every bit your balance as well as whatever Cashbacks y'all have received.
If you have an open up merchandise, yous can monitor it using Highlow's Chart Console. Information technology 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. Alive merchandise markers let you monitor your trades to meet which are winning and which are losing, so that you can suit 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 corporeality, as well as deciding which pick 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 past clicking on the Take Payout push, but you will just recover a portion of your premium.
Mobile Trading Platforms – HighLow Binary Options has it all!
Y'all can merchandise binary options from your mobile device by downloading the HighLow app. Information technology is available for iPhone (iOS 8 or higher required) or Android (Android 4.0.3 or higher required). Download links are bachelor directly from the HighLow site. Y'all tin can also find the apps if y'all search for HighLow in your app shop.
Trading Options Offered past HighLow
Binary options provide traders a simple way to indirectly merchandise in the fiscal markets without the take a chance of having to buy and sell the underlying asset. They are very piece of cake to empathize compared with the complication of trading assets, which means that everyone can go into them and offset earning money by taking advantage of price fluctuations in the markets.
Outset, a cursory explanation of what an options contract is. This type of contract gives the holder the right, but non the obligation, to buy or sell an asset at a pre-determined price and by a particular date. The holder can practise their option before the contract expires, or they can do nothing and the contract will simply lapse, with no other obligation on their office.
In binary options, the trader merely purchases an options contract based on a sure fiscal event happening by a particular time. There are only two possible outcomes – if the event happens, then the trader earns a payout, merely if information technology does non, the trader loses the amount he paid for the contract (known as the Premium).
A basic type of binary pick is the high-low. The way it works is that an at-the-coin price for an underlying nugget is established as a baseline. The trader then has to make up one's mind if the price will go higher or lower than the at-the-coin cost, and purchase the option based on his choice. If he guesses correctly, then he will earn a pre-fix payout. If non, and so his loss is limited to the cost of buying the option.
HighLow as well offers the following option types:
High-depression Spreads. In this type of option, instead of an in-the-coin cost, in that location are two prices: the bid and enquire price of the asset. The trader simply has to make up one's mind if the price of the asset will go above or beneath the price range, then buy an option based on his selection.
Turbo. This type of binary option is basically high-depression, but allows the trader to choose the term of the option, which tin can range from xxx seconds to five minutes. This gives the trader the flexibility to accept advantage of short-term patterns in price fluctuations that could indicate that a price movement is about to happen.
Turbo Spread. This binary pick works the same way every bit the loftier-low spread, just allows the trader to cull the term of the contract. The main advantage of this option form is that information technology gives higher payouts if yous make the right choice.
Traders tin can too choose from the following asset classes on Highlow:
Currencies: This type of trading involves buying a sure currency while simultaneously selling another i. Thus, trades are expressed in terms of currency pairs, i.east. EUR/USD or USD/JPY. The forex marketplace is the globe'southward largest financial marketplace and provides individual traders enough of opportunities to make coin. Currency trading is an platonic option for speculators and brusque-term traders who are willing to have a certain amount of risk. Binary options give traders an piece of cake way to turn a profit from investing in forex while minimizing their trading risks.
Commodities: These are basic goods that are generally used as inputs for product, such as oil, grains and rough oil. They are generally traded using futures contracts that give the holder the right to buy or sell a commodity at a prepare price and by a sure time in the future. Nonetheless, futures contracts trading is a complex activity that is generally undertaken by more than experienced traders. Binary options let 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 equally an platonic long-term investment since their values mostly 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 annals for a free account and make an initial deposit. Traders tin withdraw their funds plus the bonus one time they redeem the cash back, with no strings attached. Other brokers more often than not attach many atmospheric condition before traders tin redeem the bonus, such as having to trade it a sure 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 customer'due south interests are protected. Bated from being regulated by the ASIC, HighLow keeps its traders money in a segregated trust account that is separate from the visitor's own avails. This ways that, in case of the visitor is liquidated, you lot can still recover the money since information technology will not be available to pay creditors. However, these are not individual accounts only a joint account that is held with the National Australia Bank (NAB), i of the country'southward 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 employ to brand 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 chosen HighLow Points programme rewards traders for their loyalty by giving them cash back rewards based on their monthly trading activity. Yous can earn points for every $ten traded, whether the trade is successful or not.
Traders are classified into iv tiers based on their monthly trading book. They tin can earn equally many equally 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 lot can redeem on the subsequent month'southward first trading day. The amount of your cashback appears on the trading platform next to the amount bachelor in your trading account, and you can utilise the bonus to brand trades.
Deposit and Withdraw your Funds from HighLow
You can make deposits or withdrawals to your HighLow account using the post-obit methods:
Credit Cards: HighLow accepts Visa and MasterCard credit cards to fund your account. Deposits are instantly credited and the minimum eolith requirement is $fifty and the maximum deposit is $20,000.
Neteller: Yous tin use this payment solution to deposit and withdraw coin 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.
Banking company transfer: Funds can be deposited directly into the segregated trust account held with NAB. Withdrawals tin can likewise exist made straight to your bank account. However, deposits and withdrawals will not be instantly credited since they are only processed twice a day. You lot tin deposit as much as $1 million in your trading account through bank transfers.
HighLow as well 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 lot tin can contact HighLow support by creating a Support Ticket. Australian phone support is also available merely only during working days. Phone support hours are express from 9 am to iv pm. Just you are asked to cheque out the FAQ or Resource pages first, since your Support Ticket will be put to the back of the queue if the answer tin can be establish there.
Online guides on Highlow
There are many educational resource available on the HighLow site for traders. For example, there are Video Tutorials introducing the diverse sections of the trading platform and giving a quick overview of how to trade the diverse 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 encounter how information technology works and what features are available.
Conclusion
HighLow is a adept choice for traders who are merely starting out in binary options to open an account. The site is designed to assistance those who are not familiar with this blazon of exotic selection to learn what they are about and makes it easy for them to brainstorm trading once they are ready.
Highlow's trading platform is designed to be piece of cake to use, with an intuitive layout that organizes the features into sections. This makes information technology 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 avails. In addition, HighLow is licensed and regulated by the Australian Securities and Investments Commission. This ensures that the products and services the banker offers are trustworthy.
Source: https://binaly.com/highlow/
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