The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
HighLow a good one binary options broker review
вњ… This Trading Platform is available in Russia
Everyone will agree that it is rarely possible to see a binary broker that is based Australia, though a topic of binary options is at the top financial life of the world for a years. Therefore, this fact gives the uniqueness of the online brokerage firm HighLow. The broker belongs to HighLow markets PTY Limited. This broker was launched online in 2020 and is a fully regulated brokerage firm. Also important is the fact that in addition to the regulation by the Australian securities Commission and investment. It accepts traders from all over the world. If you want to try your hand at the Australian platform, click the button вЂњstart tradingвЂќ at the bottom of the review to go to the official web-site of this broker.
So, if you are in search of a fully regulated brokerage firms that offer advantageous bonuses, then you should definitely pay attention to HighLow. Regarding the web-site, it is built on the platform of Markets Pulse. It which is satisfied with the stability of its work. Selecting the broker, you will also be asked to open a virtual Demo account with virtual $10 000 Australian dollars. Also, to start trading you need to Fund your trading account for just $10. Everyone should try their hand with this broker, since many brokers request a minimum deposit amount which is much higher than the HighLow.
Trading Platform – HighLow
Minimum deposit – $50
Minimum investment – AUD $10, USD $10, GBP ВЈ10, EUR в‚¬10
Maximum investment – AUD $2,000, USD $2,000, GBP ВЈ1,000, EUR в‚¬1,500
Maximum Position per Option – AUD $50,000, USD $50,000, GBP ВЈ50,000, EUR в‚¬50,000
Maximum Exposure per Account – AUD $150,000, USD $150,000, GBP ВЈ150,000, EUR в‚¬150,000
Welcome Bonus – Yes
Demo account – Yes
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
Trading instruments – Binary option (HighLow, HighLow Spread, Turbo, Turbo Spread)
Number of assets – 23 (currencies, gold, indices)
Deposit replenishment – Plastic cards Visa and MasterCard, NETELLER,
Supported Languages – English, Japanese, Korean
Apps – Online (PC, Mac browser), Smartphone app, Desktop app
REGISTRATION AND TRADING ACCOUNT FROM HighLow
Unfortunately or fortunately, HighLow offers only virtual and the real trading accounts.
This broker offers to open a trading account in a demo mode with a virtual sum of 10,000 AUD. Therefore, you can easily hone your trading skills without risking real money. We have to note the difference Demo account from similar accounts of competitors, which is the simplicity and ease of use. All this because completely no tedious user registration process. Also there is no need to start trading with investing real money. We do not know whether the period for which you can use a demo account.
If you decide to open a real account, then you will need to complete a short registration. You can simply fill in the field to enter the name and surname, e-mail and password from the user account, and choose from the list your country and currency to create, account. Minimum deposit live trading account will be $50. After which there will be one additional entry information about the date of birth and physical address of the user.
HIGHLOW BASIC ASSETS
HighLow offers to start trading from the following groups of assets:
вЂў currency pairs: AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY.
вЂў precious metals: GOLD
вЂў 7 indices: AUS200, JPN225, HKG33, GER30, FRA40, UK100, US30.
! But given the fact that the platform continues to grow, we can safely assume that the new assets will be added soon.
HIGHLOW TRADING CONDITIONS
You are allowed to trade using the following currencies: AUD, USD, GBP and EUR. The minimum trade amount is 10 currency units, depending on the currency of the trading account. The maximum transaction size is $2000 AUD, $2000 USD ВЈ1000 GBP and в‚¬1,500 EUR. Maximum the option position is $50,000 AUD, $50,000, ВЈ50000 GBP and в‚¬50000 EUR. Regarding the maximum risk on the account, the amount reaches $150000 AUD, $150000 USD, ВЈ150000 GBP and в‚¬150000 EUR.
Speaking on the trade types of options from this broker, the trader is asked to select from such a groups of binary options like HighLow, Spread HighLow, Spread Turbo and Turbo:
вЂў Spread HighLow is used in case expectations of large market fluctuations in the price of the underlying asset. In case of success the expected return can reach 200% of the investment amount. This type of binary options uses the range of prices of purchase and sale, which is a standard method of market prices on the Forex market.
вЂў High/Low option is a type of binary option that is suitable for the trader interested in short-term trades, in other words transactions with a very small fluctuations of asset prices. Payments here will vary in the range of 175%-190% of the invested amount.
вЂў Turbo Option on demand provides that the trader is free to choose the time frame of transactions. The investor can also choose the period of expiry ranging from 60 seconds to 5 minutes. In fact, it is quite flexible range, providing more comfort in managing the trading process and relevant to any wishes of the investor.
вЂў Spread Turbo – like Spread HighLow uses the range of prices of purchase and sale that allows traders to make most of the trades with large price fluctuations in the market. Using this tool the investor is free to start trading when it would be most convenient, as well as in the case of waiting for the maximum profit from the transaction.
Broker HighLow provides to all registered users a welcome bonus of $50. In other words, creating a free account, the trader relies instant cash refund of $50 after the first transaction. Also, the agreement provides for the implementation of fast and secure payouts of up to 200% of the initial investment of the trader.
INPUT AND WITHSDRAW OF FUNDS HighLow
HighLow does not charges any fees when depositing and withdrawing money from your credit card or Neteller. When withdrawing with credit cards and Neteller will be charged a fee of 1.5% of the withdrawal amount.
Broker HighLow a withdrawal occurs instantly when using Neteller, as well as requests for withdrawal from the Bank account within 2 hours, if you withdraw money via Bank transfer to the user account from 1-3 business days.
The minimum withdrawal amount for Bank transfers is equal to AU$10, or 50 (US$/в‚¬/ВЈ) for other currencies on the Bank transfer and $50 via Neteller. Withdrawals with credit card are processed instantly, in the amount of at least $50 (AU$/US$/в‚¬/ВЈ). The maximum amount of withdrawals – $10,000 per day.
If the trader wants to withdraw funds in the amount of less than $50 (US$/в‚¬/ВЈ). It will be possible only if the closure of the account. The trader is also available to withdraw funds in the amount of less than $10 AUD to the bank account. Therefore, if a trader wants to close his trading account, he should contact the support broker.
TRADING PLATFORM HighLow
HighLow is really great platform which suggests a friendly relationship with the traders, where everyone will be able to easily hone trading skills by using Demo account. Significant difference of this account from the competition, is its undeniable ease of use. Fact is no tedious registration process, without the risk of losing real money in the trading process. HighLow is pretty stable, it was built on the platform of Markets Pulse.
If you are looking for a simple trading platform, excesses of trading options, then you should take a look on HighLow trading platform. Because the broker has in its arsenal only two trading options: high/low trade (where payments on successful trades up to 100%) and high/low spread (with payout – 200%). It is predominantly higher than that offered by many binary other competing brokers.
The duration of the program will be a short period of time with a maximum period of 24 hours. The following options are available expiry: 30 seconds, 60 seconds, 3 minutes, 5 minutes, 15 minutes and 1 hour. Using these options the trader gets a better control over the trading process and its results, in addition it has the ability to easily and quickly enter and exit trades. Convenient and intuitive interface design allows you to quickly navigate and comfortably make the trade the trader.
Traders are offered two sections: вЂњPlatform Walk-throughвЂќ and вЂњVideo trainingвЂќ. In the first section, everyone can try the platform HighLow for its usability, functionality and performance. The second section includes videos broken down into two logical categories. These videos report the basics of binary options trading offered by HighLow and basic concepts of the trading process in general.
CUSTOMER SUPPORT FOR HighLow
Originally an Australian company HighLow are now available, and the rest of the world and not just Australian and Japanese traders. And despite the fact that at the moment the official website of the broker supports only three languages (English, Japanese and Chinese). Traders from Europe, Asia, South America and Africa also have the possibility to trade on the platform HighLow. Anyone interested in trading binary options with this broker and be located outside of Australia may Deposit and withdraw money to your trading account using the electronic payment system Neteller.
Other any questions, you can contact customer service by phone and via e-mail. Also you can use online chat available on the official website. The consultants support is available from 08.00 to 18.00 Monday to Friday Eastern Australian time. But before contacting support, you should visit the FAQ section, which contains the answers to 90% of frequently asked questions.
2020 TastyWorks Review – The Cheapest and Best Options Trading Broker?
Before I start with the review, I just want to leave a short note on the fast development and improvement of Tastyworks. I have to edit and update this review constantly because the Tastyworks team is constantly adding so many new great features. 2020 will be an amazing year at Tastyworks. I have seen their plans and upcoming features and all of them are very promising. So if a feature seems missing to you, chances are high that they will implement it later down the road.
Tastyworks is a regulated and very new broker from the same very experienced creators of the broker Thinkorswim. Tastyworks is not your average trading broker, it is a very special broker. This does not necessarily mean that it is the best choice for you. Tastyworks is also the broker that I currently use for my trading. I will present you the reasons why I like Tastyworks in the following Tastyworks brokerage review.
Tastyworks Video Review And Tutorial
If you prefer watching videos over reading articles, you could check out my video review of Tastyworks’ platform. In it, I cover the same topics as I do in this written review.
Let us begin with the standard features of brokers: the range of investment products. Tastyworks offers stocks, options, ETFs, futures and options on futures. Nothing special here. Tastyworks offers cash accounts, margin accounts, corporate accounts, trust accounts, international accounts, retirement accounts and joint accounts/custodial accounts are coming soon. There is no minimum deposit for cash accounts. But to use margin in a margin account, you will need at least $2000 in your account. Therefore, it is reasonable to deposit at least $2000 to earn margin privileges.
Tastyworks offers very clean, fully customizable and easy to use charts. For these charts, Tastyworks offers 100 different indicators to choose from and all of these can have custom settings as well. Additionally, they have 20 different drawing tools to choose from. All of these technical analysis features are fully customizable to fit every individual. But all of this is fairly standard for a good broker.
The next really great feature on Tastyworks that I love, is their watchlists. By default, Tastyworks has 11 different preset watchlists to choose from for now (Positions, Notable Stocks, High Options Volume, Live on Tastytrade, Tastytrade Futures, Liquidity, Tastytrade Stocks, Market, Tom’s Watchlist, TastyTrade Default, Upcoming Earnings). These preset lists are great for different purposes. For example, a watchlist displaying assets with high options volume can really be helpful (for an options trader).
Normally watchlists found on other broker platforms just seem to be some random securities in a list. But the preset lists aren’t even the best part in my opinion; the ordering/filtering mechanism is. All lists can always be ordered by many different filters. For example, you can filter for the biggest move, Bid/Ask price, liquidity, volume… but best of all IV Rank. In options (especially in my strategy) implied volatility (IV) is very important. It can make the difference between losing and winning.
IV Rank shows you how high implied volatility for a certain asset is compared to earlier IV for this asset. In other words, it shows you if implied volatility is high or low. Many brokers don’t even have IV Rank at all. But the fact that you can order stuff from highest IV to lowest IV is so incredibly helpful for option traders. It will allow you to find high IV assets with 1 click. Just to give you some perspective: Optionalpha, an option trading website offers a paid watchlist with the main feature being sorting by IV Rank (The watchlist is great). So people normally go to websites and pay money just to do this. The fact that Tastyworks has included this is awesome. Option traders will love this.
For instance, I as an option trader, can now just choose the preset watchlist ‘High Options Volume’, filter from highest IV Rank to lowest resulting in a long list of potentially profitable trades. The same cost me money and so much more time before I used Tastyworks. Of course, you can also create your own, custom watchlists and filter these.
Tastyworks Watchlist Snippet
In general, I would say that Tastyworks has many great features, especially for option traders. They have more or less normal and simple option chains that you of course also can customize for your personal needs. By default, you have volume, the probability of profit, Bid/Ask price, expiration date and strike displayed. But you can change that and add many different readings. Directly under the option chain, you can see the options that you selected and all the statistics for those (probability of profit, delta, theta, standard deviation, P/L, implied volatility, the expected move, max profit/loss, exp date/s, strike/s, price). This makes it very easy to analyze your potential position. Additionally, you can and just/change the options directly from the option chain or the order menu below. This makes setting up and analyzing orders very easy and fast.
In addition to the option chain, Tastyworks also offers a cool, more appealing alternative. They have this interactive payoff curve, wherein you can select/adjust/change different stock or option positions. This directly shows you how your changes affect the payoff. This is good for users that want to have a good alternative or addition to the option chain, but I am glad that they still included a normal chain.
Recently the Tastyworks team added an Analysis feature to their trade tab. The Analysis feature allows you to analyze existing and potential positions in many different ways. The feature has too many options, to be described in a brief paragraph. Therefore, I added the following video. It is a walkthrough of the Analysis feature. Even if you don’t watch the whole thing, you should get a pretty good idea of how the feature works.
Don’t be worried if the Analysis tab seems intimidating and complicated at first. You will get used to it while using Tastyworks. The Analysis feature is a great way to visualize potential price changes, risks and rewards that occur when certain market conditions change. I will definitely incorporate this feature into my trading.
In a recent update, yet another interface was added. This one is called Active and it is built for the active trader. It allows you to order and manage mainly stock (and futures) positions with extreme ease and speed. This makes Tastyworks attractive for stock traders, but the interface is even more useful for futures traders.
Another good feature for option traders, especially for less advanced traders are the preset strategies. Directly on the option chain (or the curve), you can choose from 20+ different option trading strategies, like vertical spreads, iron condors, strangles, straddles, calendar… This and the great adjustment features are great for beginners or just lazy people that don’t want to set up the strategies by themselves.
Moreover, Tastyworks has a tab called ‘Follow‘. In that section, Tastyworks displays all the recent trades of their successful veteran traders. The date, reason, P/L and much more is displayed for every single trade. If you like one or more trades, you can choose to copy that exact trade. All of these can also be filtered for different criteria.
An additional tab inside the Tastyworks trading platform is the ‘Tastytrade‘ tab. If you didn’t know, Tastyworks is created by the Tastytrade team. Tastytrade is a huge financial network that tries to educate its viewers/readers about the market and especially about options. In the ‘Tastytrade’ tab, you can watch Tastytrade either live or older videos. You can also access their market research with their market outlooks for different assets.
Additionally, Tastyworks has amazing support for any problems. If you have a minor question or problem, there is a huge library of questions accessible straight from the platform itself. If you can’t get your question answered there, you can always choose to ask your question in the live chat. The support team typically responds straight away.
All of the features discussed above are available either on the Tastyworks web-based platform or on the downloadable program. The platform, in general, is very clean and easy to use and navigate. It is not set up in a complicated manner at all. Even beginners should have no problem at all. Furthermore, Tastyworks now does offer a mobile app from which you easily can trade and manage your positions on the go. This Tastyworks app is very useful as it makes you much more flexible. It is available on both IOS and Android.
And finally, I want to name a few upcoming features to get you excited about Tastywokrs bright future: Portfolio Margin, Paper Trading, Open API, New Scripting Language, Many New Mobile Features and more… All of these features really are something to look forward to. I personally am especially excited to check out the new scripting language.
Pricing is one of Tastyworks biggest strong points, especially when it comes to options. They completely blow every other brokerage firm that I know out of the water. There is no comparison. Even otherwise very cheap broker firms, can’t hold up with this. First of all, there are no base rates at Tastyworks. Secondly, their initial commissions are very low. And finally, they have no commissions on closing trades. I have never seen any other broker do this.
Commissions for options are $1 per contract (again with no base rate). I prefer option commissions that are per contract over those that are per order because this gives you more flexibility when ordering.
Tastyworks’ stock commissions are even better than their option commissions! That’s because there are none. Yes, that’s right, Tastyworks does not require you to pay any commissions when trading stocks, regardless of how many shares you trade! (Note that there still will be a small clearing fee of $0.0008 per share which is standard at all broker firms).
The low commissions are especially great for beginners and traders with smaller accounts. Often commissions can eat up the small profits made in smaller accounts. In Tastyworks, you can trade very small positions and still make money. This is not the case for many other brokers. But traders with bigger accounts will definitely enjoy the low commissions as well.
Commissions on futures and on options on futures are extremely competitive as well. As you can see below, you have to pay $1.25 per futures contract both when opening and when closing the position. Options on futures require $2.5 per contract to open and $0 commissions to close.
When it comes to pricing and commissions, Tastyworks is BY FAR the best and cheapest broker that I know of.
But we are not done yet with commissions. In 2020, Tastyworks launched their next commission modification: capped commissions. Yes, that’s right. Now there is a maximum you can pay in commissions on options trades. That maximum is a staggering $10 per leg. Here are some examples to show you the actual impact of such a cap:
- 100 Puts or Calls (one leg) normally would have cost you $100 in commissions alone ($1 per contract). Now the exact same trade would cost you $10 in commissions. Already $100 aren’t a lot compared to other brokers, but $10 for such a position really is revolutionary.
- 200 Credit Spreads (two legs) would have cost you $400 ($2 commissions per spread). This and other spreads with two legs is now capped at $20 in commissions. I don’t know what to say more…
- 100 Iron Condors (four legs) would have set you back $400 in commissions alone ($3 per Iron Condor). Such a spread is now capped at $40 in commissions which really is very low for 100 Iron Condors or any other 4-leg spread.
Before concluding this review, I want to add another note on Tastyworks’ commission structure. In 2020, other firms have also started offering low or even no commissions on their stock trades. This, however, often comes at a cost in some other areas. Other cheap brokers often have unreliable, slow and, in general, slow trade executions. From experience, I can say that this is not the case for Tastyworks. Even though they offer extremely low commissions, they don’t slack on their trading infrastructure or other aspects.
On the following table, you can see that, when it comes to options, tastyworks is the cheapest choice among these brokers. (Note that non-trading commissions such as clearing fees aren’t taken into account here.)
As Tastyworks has changed so much over the past few weeks/months/year, I had to re-write my conclusion over and over again. But just to show you how my conclusion changes, I want to keep one of my older conclusions for you:
“As you probably have guessed by now, Tastyworks is a broker designed for option (and futures) traders. Tastyworks is a paradise for option traders. It has the best pricing/commissions that exist, near perfect software and features (for option trades). You can really notice how the trading platform is built for an option trader, all the features are exactly what an option trader needs. Things that once took ages now can be done with a few clicks. As the creators are option traders by heart, they also know what an option trader wants and needs. The creators use Tastyworks themselves and that is also why the whole platform revolves around the user. They built an amazing platform for themselves and anyone like-minded. Tastyworks is more or less perfect for an option trader. But if you aren’t an options trader and don’t want to use all the features that they offer, Tastyworks is probably not for you. Tastyworks is really only for option traders and not for any stock traders or anything else. You can trade stocks with them, but the features will be limited.”
As you see, I really enjoyed the Tastyworks platform already, but in my opinion, it was only really suitable for the options trader and not anyone else. Now I feel that this has changed. I still don’t think Tastyworks is for a super advanced stock trader that needs tons of crazy advanced features. But if you want to trade some stocks based on some charting or similar ‘normal’ analysis, Tastyworks is definitely a great choice. The extremely low commissions, upcoming features, amazing customer support and more aren’t only attractive to options or futures traders anymore. Stock traders can definitely benefit from Tastyworks.
Even though Tastyworks is still relatively new, they are already available in most countries. They are constantly updating and improving their platform by adding new features and more. In the course of the past few months, Tastyworks has changed and improved a lot.
Some of the links within this Tastyworks review are referral links of which I may receive a small compensation. There are no added costs for you and these referral links do not influence the objectivity of my review.
7 Binary Options
It is not often that we get to review a broker from Australia, so we are excited to take a look at HighLow, an up and coming binary options broker that is based there.
One of the things that make HighLow an excellent binary options trading alternative is the fact that it’s a regulated broker. They also offer their services in several places around the world including Australia, Europe, Africa and the Middle East.
Unfortunately, USA binary options investors cannot use the services offered by this broker, however, for US traders we have Binary Option Robot or BinaryCent. The HighLow broker also features a trading platform that is super easy to navigate and to use.
These are important features when placing trades and learning about binary options trading. In addition, the HighLow website is well designed, unlike many others that are cluttered with a lot of useless information.
HighLow staff ensured us different promotions are nothing out of the ordinary in their company so future traders can expect a lot of goodies. Current promotion includes up to $50 cash-back on the first trade.
Online since: 2020
Max Returns: 90%
Minimum Deposit: $10
Minimum Investment: $10
Maximum Investment: A$ 1000
Currencies: USD, AUD
Countries: All but US
– It is an innovative and forward thinking company
– They offer a large variety of option choices including advanced options
– Traders have a little more control over their trades than can be found on some other web brokers sites
– Outstanding Demo Account
– Low minimum Deposit
– Convenient mobile app
– $50 Cashback Offer
– It cannot be used by USA traders
7 Binary Options Rating:
HighLow is a brand of HighLow Markets Pty Ltd, an Australian company, holding an Australian Financial Services License, number 364264. As we have said before, regulated brokers offer several distinct advantages over non-regulated brokers when it comes to transparency and how they manage the money that is deposited by traders through the web broker.
Regulation also establishes a set protocol for complaints and requirements for insuring funds, just like a national bank does.Since it is an Australian site, those who favour trading in Australian dollars will not lose money on the rate exchanges to other currencies.
Sign Up and Trading Platform
The sign-up incentives on HighLow are above the standard offerings in the industry. They are currently offering a $50 cash-back on the first trade to all new traders that sign up with them. The sign-up process to trade with HighLow is relatively straightforward and uncomplicated.
One of the best features of the HighLow web broker is the large variety of option choices that this website provides. They include some advanced and potentially profitable options. Traditional options typically pay as much as 200% returns, while the more advanced option types, pay up to 100% return on investments on successful trades. These are exceptional returns when compared to other binary option website payouts.
When reviewing the HighLow brokerage site, we also found that not only does the expiration time impact the trade, but the spreads on the trades also give the investor a little tighter control over the outcome of the trade; this is a really beneficial feature for the trader.
Another outstanding feature is HighLow’s demo account. This is one of the easiest and most effective ways to learn how to trade binary options if you are new to this type of trading. It even helps veteran traders learn the platform when they first start trading with HighLow. The creative team at HighLow have incorporated the demo mode into the site so you don’t even have to sign up in order to use the demo services. When you first join the site, you will be given $10,000 of practice money to use with the demo account.
HighLow Website & Platform Overview
The eye-catching yellow-orange and black color scheme of the HighLow website is nicely laid out and immediately gives a professional look. On the homepage, you will find information about the types of binary options assets you can trade, the option types available, and the sign-up bonus. The transient screen also displays information about the distinctive features of the site.
HighLow’s website uses MarketsPulse as a trading platform, providing its customers with a smooth and hassle-free experience. They’ve also partnered with a data streaming company, Leverate, which provides safety and security for clients’ data. Also, the Trader’s Choice option on the platform activates after four executed trades and this provides real-time market sentiment of the traders online.
Taking a closer look at the assets, each one comes with a price chart and payout option alongside the trading time window. The 80+ assets available for trading include: precious metals like gold, a few stock indices (HKG33, UK100, US30, JPN225, and AUS200), and several currency pairs (including the most popular, EUR/USD, along with others like USD/JPY and EUR/GBP).
Highlow’s Platform allows you to place your trades easily
Navigating the site is a breeze. The creators have maintained simplicity and they have provided easy access to information including the broker’s FAQs, opening a demo or live account, choosing your preferred language (English or Japanese), as well as operational information on executing trades using their platform.
HighLow also allows traders to easily execute demo trades with one-click access…without even requiring your registration with the site! So, if you’re interested in trying out HighLow, then definitely take advantage of their demo feature (whether you register or not), particularly if you’re a new trader who has always wanted to practice trading with virtual money, before risking any real money.
Payout Percentages & Types of Trading
On the first tab of the HighLow platform, you can choose the normal High or Low trading option. This option gives you a payout of up to 200% of your invested amount on a winning trade, which is definitely among the best trade payouts in the binary options industry. So, by purchasing an option for the lowest investment amount ($10), you will receive a $9 profit payout if you win the trade.
HighLow provides several quick expiry options for those who prefer fast-paced trading. You can choose 30, 60, 180 (3 minutes), or 300 seconds (5 minutes) for short-term trades. You also get to enjoy the option of profiting on spread trading various assets, which can give you payouts of up to 100%. (More advanced options offer payouts of up to 200%).
HighLow is offering it’s users a 50USD cashback on signup
The spread binary options, combined with the short-term or turbo trade options, allow traders to diversify their trading portfolios and to trade a variety of expiry times.
HighLow also places limits on the maximum amount of money you can invest per trade and the exposure you can take at any given time. Other platforms tend to have lower restrictions with regard to this, so it’s something to keep in mind.
Regulation for HighLow
HighLow is regulated by ASIC, Australia’s regulatory body
Very few brokers available in this industry are actually regulated. You will find plenty of binary options brokers worldwide who don’t answer to any regulatory body, or who face some loose criteria that allows them, with very little capital, to open a brokerage company.
As a result of a lack of funds and the need to quickly raise capital, many unregulated brokers quickly succumb to the temptation of using traders’ funds and other shady tactics in order to run their business.
In some cases, some brokers are simply fly-by-night operations which are designed to take your money and run. Or, at the very least, they will make it impossible for you to withdraw your funds upon request…assuming you have any left to withdraw from your account.
The country of Australia is unique in that it’s especially difficult to find a brokerage company based there who has an official license. This is thanks to requirements of the official regulatory body, the Australian Securities and Investment Commission (ASIC), in order to be recognized as a regulated broker.
Not only does HighLow meet the threshold for meeting these regulations (making it a legitimate broker), but it offers traders some of the best protection in the binary options industry. With their license (number 364264) under the ASIC, this binary options brokerage company has had to meet certain criteria, such as:
- Separating trader funds into a client money trust account with the National Australia Bank, an AA-rated bank;
- Possessing large insurance policies for trader protection in case the company goes bankrupt;
- Requiring staff members to have certification and training to give members informed advice;
- And having directors and other key personnel with years of trading experience.
In addition, experts advise against using the advice of your broker to make trading decisions. Thanks to the ASIC, HighLow will only offer advisory services to its traders within the regulatory requirements and this is only provided by trained staff members.
The company also does not have automated trading capability, so you will need to use a trusted signal service, or your own trading method, in order to execute binary options trades manually.
HighLow Trading Software and Assets
We are really impressed with the interface on the HighLow web platform:
- It is among the most user-friendly platforms we have ever tested.
- The site is laid out in an easy to read manner yet it still contains a wealth of informative and important information.
- The option choices are displayed in what the website refers to as the ‘binary options carousel’; this format makes it really easy to sort through and to select from the many available options choices.
The traditional High/Low option is offered, of course, with this being the name of the web broker as well. Under the Quick Facts section, you will see that the typical returns on investment are as high as 200%, with some more exotic options offering returns of up to 100%, These return on investment offered by HighLow, are among the highest returns on investment among other binary options brokers in the industry.
Trading can be done by investing as little as $10 per trade. This is great if you are just starting out and don’t want to risk a lot of money until you have learnt more about how to trade. The broker also caters to traders that enjoy fast trading, with short expiry times and they offer 30 second, 60 second, 180 second (3 minute) and 5-minute expiration times.
The ‘option on demand ‘feature makes trading highly flexible and is a favourite for those investors who like to take advantage of short term patterns and other specific dynamics of the trading environment.
Another type of binary option that is offered on the website is FOREX Spread High/Low Trading. Spread trading is ideal for those investors that like to trade in a high risk and high reward type environment. Return on investment with this type of option can be 100% or higher.
HighLow also offers access to world class data streams:
- These services are provided by a well-known company called Leverate MarketsPulse
- It is also an extremely safe and secure web platform
- There is a Traders Choice indicator which also helps the investor to gauge current market sentiment
- The Traders Choice feature will appear after 4 trades are executed and will constantly update, depending on the expiration times that are chosen
- This feature can conveniently be turned on or off
There is also a convenient mobile app that can be downloaded to your smart phone or other smart device. This a great feature that offers flexibility and convenience to those that are limited in the amount of time they have to trade in front of their computers.
Customer Support and Services
During our testing of the HighLow support, we found their customer service to be responsive and professional. They offer service that is well beyond that which is required by the regulations they fall under. It is really impressive when a website goes the extra mile in order to take care of their investor’s questions and concerns. An internet search revealed many positive reviews of the HighLow website. Even their highly informative FAQ section is outstanding.
The best way to access customer support for the broker is by using e-mail. They answer your questions and concerns quickly as long as the question you have is not thoroughly covered in the FAQ section; we did not have a problem with this because their FAQ section is laid out so well and is easy to understand.
While we were initially surprised by the fact they do not offer live chat support, their phone support is a more than adequate replacement for this feature. Contact with Customer Support can be done in both Japanese and English.
How to Trade Binary Options With Highlow: a Video Guide
Neteller and credit cards seem to be the preferred methods for transactions with this binary options web broker. The minimum deposit for both is a low $50; one of the lowest deposit amounts in the industry. The minimum deposit for bank wire transfers is an extremely low $10. Transactions are simple and done in an encrypted environment for security purposes.
Please also note that:
- HighLow is one of the very few binary options web brokers that offer instant withdrawals in most cases
- They do charge a 2% transaction fee for withdrawal services but again, this is lower than the average throughout the industry
- The minimum withdrawal amount is $50 in most cases
- Bank transfers can be used for withdrawals and take approximately 1 to 3 days for the money to reflect in your account
- Credit cards cannot be used to withdraw funds
Customer funds are kept segregated for security purposes and safekeeping. The commonwealth of Australia has strict rules regarding banking and all trader funds are placed in a trust account with the National Bank of Australia.You can have peace of mind that your funds are secure with the HighLow web broker.
What Do We Think
There are many unique features that can be found on the HighLow website and this innovative site is a little bit of fresh air when it comes to trading binary options.
The number of option choices is outstanding and their free demo account is the icing on the cake. We have no problems at all recommending HighLow and encourage all traders to go ahead and try out this broker.
Customer Service: Email: [email protected]
Languages: English, Japanese
Trading Options: High / Low, Option Builder, Range Options
Assets: Currencies, Stocks, Indices, Commodities
Early close: No
Expiry Times: 60 second, 2minutes, 5minutes, 15 minutes, 1 hour and End of Day
Deposits and Withdrawals: Visa, Mastercard, Amex, Bank Wire, Neteller
Withdrawal Time: 1 day
Demo account: Yes
Возможно, брокер бинарных опционов HighLow, является самым надежным брокером бинарных опционов, которые я встречал за все время трейдинга. HighLow управляется компанией HighLow Markets Pty Ltd, которая работает в Сиднее и регулируется ASIC (Австралийская комиссия по ценным бумагам и инвестициям) по лицензии № 364264.
Что отличает HighLow от других брокеров? Ну, наряду с собственной платформой, этот брокер имеет совершенно отличные предложения по бонусам. Я расскажу вам все об этом, а также рассмотрю другие функции и преимущества HighLow ниже.
Открытие учетной записи HighLow
Прежде чем вы сможете начать торговлю на HighLow, вы должны открыть свою учетную запись. Это немного больше, чем вы можете использовать на других сайтах бинарных опционов. Вы должны быть готовы не только предоставить основную информацию, но и подтвердить свою личность сразу, используя надлежащую документацию. Если вы из США, к сожалению вам не разрешено торговать на HighLow.
Пока вы выбираете свою страну, вы также можете выбрать валюту. Варианты включают евро, доллар США, британский фунт и австралийский доллар. Доступны различные методы депозитов, включая кредитную или дебетовую карту, банковский перевод, биткойн и различные электронные кошельки. Минимальная сумма депозита составляет всего 50 долларов США.
Уникальная бонусная программа HighLow
Теперь, что действительно является выдающимся в HighLow – это программа компании по продвижению и лояльности. Вместо того, чтобы следовать модели депозита с высокими требованиями, которые почти повсеместны среди других брокеров, HighLow следует методу, который имеет намного больше общего с программами лояльности, популярными в онлайн казино.
Прежде всего, есть система для зарабатывания очков. К сожалению, если ваша общая сумма каждого месяца составляет 10 000 долларов или меньше, вы не сможете заработать очки. Но если вы торгуете больше, чем этот объем каждый месяц, вы можете зарабатывать от 3 до 10 баллов, за каждые 10 долларов, которыми вы торгуете.
Эти очки могут быть погашены за вознаграждение, за возврат денег. Вознаграждения Cashback, также выдаются трейдерам на всех уровнях. Все новые клиенты, также получают бонус в размере $ 50 (cashback), когда они размещают свою первую торговлю на платформе.
Почему система превосходит систему бонусов, которая так распространена среди брокеров бинарных опционов? Во-первых, вы получаете текущие вознаграждения, а не только один большой бонус при регистрации. С другой стороны, нет требований к обороту, чтобы требовать эти награды на HighLow. По словам компании, «трейдеры могут снимать свои средства (включая погашенные суммы возврата денег) без каких-либо обязательств».
Это довольно впечатляюще и в конечном итоге стоит гораздо больше, чем бонусы, которые связывают ваши деньги и причиняют вам неудобства в других местах. Примите во внимание, что нет скобок на основе суммы депозитов. Единственная дифференциация между трейдерами – это точечный уровень, который они выделяют на основе объема торгов. Существует демо-счет, который вы можете использовать для практики торговли, но для его доступа регистрация не требуется.
Торговые функции и опции, немного ограничены
Самый большой недостаток в HighLow заключается в том, что на самом деле не так много для торговли, как по активам, так и по типам торгов. Начну с того, что я подсчитал 25 различных финансовых инструментов, которые включали валюты, товары и индексы, но не акции. Многие другие сайты бинарных опционов, позволяют вам торговать сотнями различных активов. Так что это может быть немного ограничивающим.
Сама платформа проста в использовании и навигации, и включает в себя полезную функцию, называемую трейдерским настроением, которая является индикатором социальной торговли и показывает текущие тенденции торговли, когда они разворачиваются в данный момент. Еще один удобный инструмент для торговли, позволяет вам сдерживать свои потери, если вы считаете, что торговые условия могут быть против вас. Хотя это общий инструмент бинарных опционов, HighLow гораздо более прозрачен в отношении своих применений и ограничений, чем у большинства конкурентов.
К сожалению, существует только два типа сделок:
Выше/Ниже – это самый базовый тип торговли бинарными опционами. Turbo – это краткосрочная версия. Вы также заметите, что есть дополнительные типы опционов, называемые High/Low Spread и Turbo Spread. Это по сути то же самое, за исключением того, что, как следует из названия, вы платите спред при размещении этих сделок. Это позволяет получить более высокую выплату, если вы выиграете до 200%. Эти высокие выплаты являются выдающимися и являются одними из лучших преимуществ сайта.
Что касается сумм, которыми вы можете торговать, минимальная сумма инвестиций составляет 10 долларов США, а максимальная сумма инвестиций – 2000 долларов США. Это довольно стандартный этаж и потолок для торговли бинарными опционами и идеально подходит для трейдеров с небольшими или средними счетами.
Что касается обслуживания клиентов, нет чата, который безусловно является недостатком. Существует номер телефона, а также система билетов, которую вы можете использовать для отправки запроса о помощи через форму на странице контактов.
Вывод: HighLow имеет свои плюсы и минусы
Большинство веб-сайтов бинарных опционов, которые я изучаю и просматриваю, объединяются друг с другом. Это связано с тем, что большинство из них – это сайты с белой этикеткой, которые просто взяли популярную платформу (например, SpotOption) и дали ей собственный брендинг и назвали это своим продуктом. Они не нашли времени для инноваций, чтобы сделать что-то другое, что предлагает уникальную ценность для трейдеров.
HighLow отличает себя от этой толпы. Программа промо-акций, созданная этим сайтом, отличается от других и является гораздо более справедливой, чем типичная бонусная программа для бинарных опционов. Это действительно дает больше на пути к ценности. Если другие брокеры по бинарным опционам будут следовать этой модели, вероятно это улучшит всю отрасль в целом. Это не означает, что HighLow не имеет своих недостатков, но по большей части это уникальный брокер с бинарными опционами, с впечатляющими преимуществами и функциями. Если вы не в США, проверьте их, они могут быть для вас отличным выбором.
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