HighLow binary options broker may not be a 7 binary options member for long now, but is happens to be one of the leading binary options providers in Australia today. Since its formation, back in 2014, this binary options broker has been offering satisfactory services to its customers. We took time to evaluate this broker on the basis of various aspects in order to ascertain its suitability for its clients. For instance, let us discuss the easy and straightforward withdrawal process from your HighLow binary options trading account. Although this is among the important banking processes of this broker that we are going to talk about in this article, you should first educate yourself on how to profit form trading in binary options with this broker. This way, you will have some funds to withdraw as we take you through the withdrawal process.
Over the years, this broker has been primarily relying on the good services it offers to market it and attract more traders. With regards to the possible payouts with HighLow, the broker is quite unique. For instance, it is possible to get payouts of 100 percent or even 200 percent on your investments with HighLow binary options broker. This is quite different because the majority of brokers in this industry today offer an average of 85 percent on your investment on binary options or on binary option robot, with the highest offer being 90 percent. Again, there are those brokers claiming that they can offer ridiculous payouts, such as 400 or even 500 percent on your investment. Our opinion is that you should steer clear of such brokers because they are most probably frauds/scams.
Another thing why you should consider trading with HighLow is the fact that it is regulated by the regulatory bodies in Australia. This implies that the broker is safe and secure. Since the broker is regulated, all the broker’s funds are held within segregated accounts. You should also rest assured that such funds will not be sued to boost leverage in any way. As such, there are not tricks played in the traders when it comes to money matters. Additionally, regulation ensures that the broker cannot make use of the money within your trading account in any way. Such aspects make the broker safe and secure for binary options traders.
When you feel that it is the right time to withdraw from your HighLow trading account, you will have three major currency options to use. In most cases, the broker allows for withdrawals in either Australian dollar or Yen. However, the broker started accepting withdrawals in EUR a few days ago. Currently, the broker does not allow for withdrawals using credit cards. However, traders can withdraw their funds using Neteller for instant withdrawal processing. The minimum withdrawal amount imposed by the broker is $50 and will take up to three days to have the request processed, depending on the withdrawal method used. The broker charges a 2 percent transaction fee for all withdrawal requests from traders’ accounts.
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Setting Up a New Highlow Account
HighLow binary options broker stands out from the many other newer binary options brokers today in a number of ways. To begin with, the broker is regulated and safe to trade with. Additionally, the broker uses MarketsPulse trading platform, which offers an array of trading tools for the traders. Some of the tools offered by this platform include spread trading option, which conceals the limit between CFD’s and binary options. Additionally, this broker is unique in the industry in that it offers touch and classical binary options, in addition to demand options tools. This is helpful to the traders in binary options because it helps them design their own options.
If you are a beginner to this trade, you may sign up for a demo account with HighLow and practice trading before you can venture into the real binary options trades. In order to trade in binary options and start making profits from your investment, you need to signup with your preferred broker. In this regard, you will be required to update your profile details and make a deposit to your trading account using the HighLow control panel on your account. After the initial registration, you will have a username and password to access your control panel trading account and carry our various transactions. Additionally, the company will also require you to verify your location and identity. This should be done by sending a scanned copy of a recently used utility bill and a copy of your National Identity card. Failure to verify these details during sign up may result in the broker limiting some trades for the unverified account holder.
With the demon trading accounts, the trader does not need to sign in; you should just click on the demo button on the broker website and you will be re-directed to a page where you can carry out your practice on binary options trading. The demo account has virtual funds, 1,000,000 Yen, which may be used by the trader to open trading positions on the demo trading platform. Such accounts helps traders nature their trading skills and practice various trading strategies before venturing into the real binary options market. To start opening positions with a real trading account at HighLow, you will be required to make a deposit of not less than $10 into your trading account.
Bonuses Offered by HighLow
While some people may view the low bonuses offered by this trader as a disadvantage, it is actually a benefit in a way. The vast majority of brokers offering very high bonuses and rewards for their clients today are scams who are trying to attract and corn potential binary options traders. However, this trader offers a minimum deposit amount and the trader can have access to his or her money at any given time, regardless of the amount of incentive offered. This is a benefit, bearing in mind that some brokers restrict their clients from accessing their profits because on the terms and conditions imposed on the bonuses and incentives they offer. Rather than using bonuses and incentives to attract customers, as other brokers do, this broker focuses on offering low minimum deposit amount. This gives an opportunity for many traders to try out binary options trading.
Another reason why this broker does not offer high bonuses is the fact that the company is targeting the rather mature traders, who don not just rely on bonuses and incentives to profit from this trade or transfer their funds whenever they want to. The vast majority of brokers offering high bonus and incentive schemes often have very high turnover requirements. Such products are only suitable for the beginners into the trade, who are looking for a higher leverage on their investment to start off their binary options trading career.
The maximum amount of bonus you can get from HighLow binary options broker is about $50. This is not essentially a bonus, but rather a trading rebate. In simpler terms, the company will rebate their customers, if they lose their first investment amount. For instance, if you had placed an initial deposit of $10 and lose all of it while trading in binary options; the broker will offer you $5 as a rebate. Well, do not view this as a perfect way of trying out the trading platform because the company also offers demo trading accounts for new trader to gain experience in trading binary options. The demo trading accounts offers traders up to $10,000 worth of virtual funds to practice trading in binary options, prior to opening real trading accounts and making a real deposit. Since beginners can use the demo accounts to gain experience in the trade, there is no point of offering them high bonuses as leverage.
Regardless of the low bonuses offered by HighLow, the broker is still one of the best in the market. This is mainly because the broker offers traders a horde of simplified terms and conditions to improve their trading rights, rather than locking them in.
The Minimum Deposit at HighLow
After evaluating the broker for a while, we have ascertained that it actually is among the leading brokers in the industry. This is mainly because the broker offers very favorable set of conditions for its traders allowing them to profit from the trade with minimal ties. To further make their services more enticing for the experienced as well as the new binary options traders, the company is charging the least fees for all its binary options transactions. Additionally, HighLow is currently one of the brokers offering the least minimum deposit across the world. As such, it is an excellent trading platform for traders to fine tune their trading skills and make profits with minimal risks. With a low initial deposit requirement of $10, almost any trader today can afford to try the broker out.
With the minimum deposit of $10, traders can open one position and experience how the platform works. Additionally, traders with a real trading account with HighLow binary options broker have a lot of flexibility, with regards to the way they can manage their accounts and funds. Although $10 is the minimum deposit allowed by the broker, traders can deposit as much money as they want into their trading accounts and use it to open positions on this binary options trading platform. Therefore, the traders with a small capital at their disposal as well as those who would like to make small investments every once in a while have a good place to gradually grow their capital; the HighLow binary options trading platform.
The traders in binary options who have tried out the various brokers in the market today can attest to the fact that this is the least amount required by the majority of brokers today as the initial deposit amount. This coupled with the risk-free demo trading account makes this broker the best in the industry for the new as well as experienced traders in binary options. Although a smaller investment amount means a smaller risk taken by the trade, many experts will tell you that the more you invest, the higher the chances of growing your profits quickly.
However, the policies at HighLow were designed with the common trader in mind. In this regard, the company presents a risk-free way for new traders to gain experience in trading binary options and a low investment requirement, which allows traders to take calculated risks while trading in binary options. The company also offers its traders more control over their accounts, allowing them to make various transactions whenever they feel like. With high return on investment rates, this is definitely one of the binary options brokers that can help you grow faster.
Mobile Trading with HighLow
Recently included in the list of 7 binary options trusted brokers, HighLow happens to be one of the first regulated brokers to enter the list. The company is duly regulated by the Australian Securities & Exchange Commission and offers all the conventional tools you will find in any other broker in the industry. Owing to the growing acceptance and popularity of Smartphones by the public, an increasing number of binary options brokers have developed applications for Smartphone users to access their trading platforms. Noticing this growing trend-in the use of smartphones and tablets- by its clients, Highlow binary options broker also developed an app that may be installed in such mobile devices and function as an interface, through which its traders can carry out various binary options transactions on the HighLow platform.
Similar to the HighLow web-based binary options trading platform, the mobile application for this broker also makes use of the MarketPulse trading platform, with all its beneficial tools. The MarketPulse is much like the TradeSmarter and the SpotOption binary options trading platforms in that it offers full front end as well as backend solutions, both for the broker and for its discerning clients. In this regards, the clients can use this integrated system to carry out their trading activities on HighLow through their mobile devices. The HighLow binary options trading application is also well integrated with the entire trading platform at HighLow. The app is also a native iOS/Android app meaning that it does not have any bugs that can scale down your mobile web adjustments. According to a research carried out by MarketsPulse mobile binary options trading applications accounted for about 30 percent of all the trading transactions carried out on the MarketsPulse trading platform. As such, the HighLow application came at the right time to boost convenience, flexibility and reliability of the platform on the part pf their traders.
To support their mobile binary options trading, most of the mobile-based binary options trading applications in use today are supported by HTML5. On the contrary, the binary options trading application designed by HighLow runs on the official development kit by either Google or Apple, based on the type of device you are using. This implies that the apps offer a seamless trading platform, as though the trader was using the web-based trading platform. Again, this also implies that the applications can access all the necessary hardware and APIs without introduction of layers in between.
In this regard, the High Low mobile trading app has been optimized to offer the best trading possible on mobile devices. The app is designed to synthesize all the relevant information from the market stream and then present the results on the screen o the mobile device in a user friendly form. Just as it is the case when using the internet-based HighLow trading platform, traders using the mobile-based trading application can also select an asset, track its price changes at various times on the graph and make an informed decision on when to strike for the best position while making a trade. After reviewing the app, we can assure you that it is offers a full blown trading experience to the HighLow traders when it comes to predicting the price changes of the various commodities on this platform.
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References and Further Reading:
1. The Commodities Connection (A Cofnas – 2015)
2. Forex Trading Automation: A Multi-Strategy, Black Box Trading Emulator (TJM Briggs – 2014)
3. The Role of Inflation, Reflation, and Deflation (A Cofnas – 2015)
4. Stops, Limits, and Tactics for Risk Control (A Cofnas – 2015)
5. The Fundamentals of Forex (A Cofnas – 2014)
7 Binary Options review: HighLow: stars.
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