Another handy trading tool is early close, which allows you to curb your losses when you think that trading conditions may be turning against you. While this is a common binary options tool, HighLow is a lot more transparent about its uses and limitations that most competitors.

Turbo is the short-term version of it. These are essentially the same, except that as the name implies, you pay a spread when you place these trades. These high payouts are outstanding, and are among the best benefits of the site. This is a fairly standard floor and ceiling for binary options trading, and is ideal for traders with small or medium sized accounts. As to customer service, there is no live chat, which is certainly a drawback.

There is a telephone number, and also a ticketing system which you can use to submit a request for help through a form on the contact page. Most of the binary options websites which I research and review all blend together, one into the next. This is because the majority of them are white label sites which have simply taken a popular platform like SpotOption and given it their own branding, and call that their product.

They have not taken the time to innovate and do something different which offers unique value to traders. HighLow sets itself apart from that crowd. The promotions program this site has created is distinct from others, and is far more fair than the typical binary options bonus program.

It truly does provide more in the way of value. If other binary options brokers would follow this model, it would probably improve the entire industry. This is not to say that HighLow does not have its disadvantages, but for the most part, this is a unique binary options broker with impressive benefits and features.

If you are not in the USA, check them out; they may be an excellent choice. Anyone only trading major assets will be more than satisfied. This trend is se to continue as the brand expand their offering across the board. HighLow offer a large range of deposit and withdrawal options, and the process is very professional. The key point to note is that all client funds are held in a separate trust fund not the company accounts. The trust is operated by the National Australian Bank NAB.

This offers good peace of mind and shows the company operate transparently. The most popular deposit methods are credit card, Neteller and wire transfer. credit card and Neteller transactions are immediate. Wire transfers will credit accounts the same day, if actioned before 12pm that day. In addition to those popular options, there are also almost 40 other ways to deposit funds, including SoFort, PaySafeCard and GiroPay. All operate on good terms for the trader.

There are no delays or frustrating requirements. Withdrawals are a plus point for HighLow too. Credit card and Neteller withdrawals are processed immediately. This does mean they cannot be cancelled once requested though.

Wire transfers are processed the same day where requested before 2pm funds may take 1 to 3 days to clear. 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. 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. 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. 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. 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.

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. 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.

Traders are classified into four tiers based on their monthly trading volume. 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. Credit Cards: HighLow accepts Visa and MasterCard credit cards to fund your account.

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. 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. 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. 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. 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.

This makes it simple for traders to find what they need when they are making trades.

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 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 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. 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.

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. You can also contact customer service if there are pressing issues you need addressed. 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 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. 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.

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.

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. Download links are available directly from the HighLow site. You can also find the apps if you search for HighLow in your app store. 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. 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. 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. 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. 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. 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.

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. 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.

Traders are classified into four tiers based on their monthly trading volume. 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. Credit Cards: HighLow accepts Visa and MasterCard credit cards to fund your account. 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.

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. 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. 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.

There are many educational resources available on the HighLow site for traders.

Regulated by the Australian Securities and Investment Commission ASIC. The depth in the other classes is less than rival firms offer. Wire transfers will usually credit accounts the same they if made before 12 pm noon that day Sidney Time. 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. This ensures that the products and services the broker offers are trustworthy. Currencies: This type of trading involves buying a certain currency while simultaneously selling another one. This is a platform specially designed for binary options trading which has been gaining popularity due to its ease of use.

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