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HighLow Forex broker specializes in providing foreign exchange trading services, the company's official website https://en.highlow.n..., the company's legitimate regulatory information AustraliaASICMarket Maker (MM) to enhance the security of the company's address Suite 3 Level 6, 580 George Street, SYDNEY NSW 2000

HighLow Forex Broker

Basic Information

Registered Region
Australia
Operating Period
--
Company Name
HighLow Markets Pty Ltd
Abbreviation
HighLow
Company employee
--
Contact Number
1300-870-442
Company Website
Company address
Suite 3 Level 6, 580 George Street, SYDNEY NSW 2000
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

HighLow Review Summary Founded 5-10 years Registered Country/Region Australia Regulation ASIC (Suspicious clone) Market Instruments 17 Currency pairs, Indices and Commodities Demo Account Unavailable Leverage N/A EUR/USD Spread N/A Trading Platforms MarketsPulse platform Minimum Deposit 50 USD/EUR/GBP (10 AUD for residents of Australia) Customer Support Phone: 1300-870-442 and 0210-951-847 What is HighLow? HighLow is a broker that utilizes its own MarketsPulse trading platform and offers a minimum deposit limit of 50 USD/EUR/GBP (10 AUD for residents of Australia). The broker provides access to a variety of trading instruments across different asset classes, allowing traders to participate in various markets. However, it has claimed to be regulated by the ASIC, though recent reports suggest that this regulation may be a clone. If you're interested, we encourage you to stay tuned for an upcoming article where we will conduct a comprehensive evaluation of the broker from multiple perspectives. We will present you with concise and well-structured information, giving you a thorough understanding of the broker's important qualities. At the end of the article, we will provide a condensed summary to provide you with a complete overview of the broker's key features. Pros & Cons Pros Cons Acceptable minimum deposit Website doesnt work Reports of unable to withdraw Not MT4 supported ASIC (Suspicious clone) Pros of HighLow: - Acceptable minimum deposit requirement, making it accessible for traders with different budget sizes. Cons of HighLow: - Website functionality issues, which can hinder the trading experience and make it difficult to navigate and execute trades effectively. - Reports of users being unable to withdraw funds, raising concerns about the broker's reliability and trustworthiness. - Lack of support for the popular MT4 trading platform, which may be inconvenient for traders who are accustomed to using it or rely on specific features offered by MT4. - Suspicions surrounding the legitimacy of their claimed ASIC regulation, potentially casting doubt on the broker's credibility and regulatory compliance. Is HighLow Safe or Scam? HighLow's claimed regulation (license number: 364264) by the Australia ASIC is suspected to be fraudulent. This means that the broker lacks valid regulation and is not monitored by any government or financial authority. Consequently, investing with HighLow carries significant risk. It is crucial to conduct comprehensive research and carefully evaluate the potential risks and rewards before deciding to invest. Generally, it is advisable to choose regulated brokers to safeguard your funds. Market Instruments HighLow offers a diverse range of trading instruments across various asset classes, enabling traders to participate in different markets. Currenc Pairs One of the asset classes available on the platform is currency pairs. HighLow provides access to 17 different currency pairs, including popular pairs such as 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, and USD/JPY. Traders can take positions on these currency pairs based on their analysis and predictions of the forex market. Indices In addition to currency pairs, HighLow also offers indices as trading instruments. Indices represent a basket of stocks from various companies, and trading them allows traders to speculate on the performance of the overall market or specific sectors. HighLow provides access to a range of indices, although the specific indices available may vary. Traders can participate in index trading, including popular indices such as the S&P 500, NASDAQ, FTSE 100, and Nikkei 225, among others. Commodities Furthermore, HighLow includes commodities as part of its trading instruments. Commodities are tangible goods or raw materials that are tradable in the financial markets. HighLow offers traders the opportunity to trade commodities such as gold, silver, oil, and natural gas. By trading these commodities, individuals can potentially profit from fluctuations in their prices caused by supply and demand factors or geopolitical events. Accounts Customers have the option to initiate a Standard Account on HighLow with a minimum deposit limit of 50 USD/EUR/GBP. Additionally, for residents of Australia, they are provided the opportunity to open an account with a minimum deposit of 10 AUD. This flexibility in deposit requirements allows individuals from different regions to easily access the trading platform and embark on their trading journey. By catering to varying financial capacities, HighLow aims to promote inclusivity and ensure that trading opportunities are available to a wider range of individuals. Trading Platform HighLow utilizes its proprietary MarketsPulse platform, which is also accessible through mobile applications for iPhone/iPad and Android devices. This platform has its unique and user-friendly interface. When a specific asset is chosen, the chart below will automatically update to display the current price levels, trader sentiment, payout rates, and the expiry time. However, it is worth noting that the charts on this platform are relatively simple and do not offer advanced technical analysis features. Additionally, the platform offers a Trader's Choice feature, which serves as a sentiment indicator. This feature enables users to monitor current trading trends in real time. Deposits & Withdrawals HighLow offers extensive support for various payment methods, catering to the diverse needs of its users. These payment options include Bank Wire Transfer, Credit Cards (VISA/MasterCard), and e-Wallets (Neteller/Poli/Sofort/PaysafeCard/GiroPay/SOPOR Pay). Users have the flexibility to choose the most convenient and suitable method for their transactions. In terms of withdrawal, the minimum amount allowed is $50, ensuring users can easily access their funds when needed. Additionally, the minimum deposit requirement is set at a low threshold of $50 for Credit Card or Neteller transactions, while Bank Wire Transfer has a minimum deposit limit of $10. These accommodating deposit options aim to provide accessibility and convenience to all users, regardless of their financial capabilities. User Exposure on WikiFX Please review the report on our website regarding difficulties with fund withdrawals. It is important for traders to carefully assess the available information and understand the risks involved in trading on an unregulated platform. Before engaging in any trading activities, it is recommended to visit our platform for additional information. If you have come across any fraudulent brokers or have personally experienced such issues, we encourage you to report this in the Exposure section. Your cooperation is greatly appreciated, and our team of experts will make every effort to address and resolve the problem on your behalf. Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: 1300-870-442 and 0210-951-847 Conclusion In conclusion, HighLow is a broker that operates on its proprietary MarketsPulse platform and offers a range of trading instruments across different asset classes. However, there are concerns regarding the validity of its claimed regulation by the Australia ASIC, as it is suspected to be a clone. By the way, its website doesnt work. It is recommended to thoroughly research and consider the potential risks before deciding to invest with HighLow. Choosing a well-regulated broker is generally advised to ensure the protection of funds and investments. Frequently Asked Questions (FAQs) Q 1: Is HighLow regulated? A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at HighLow? A 2: You can contact via phone, 1300-870-442 and 0210-951-847. Q 3: Does HighLow offer demo accounts? A 3: No. Q 4: What is the minimum deposit for HighLow? A 4: The minimum initial deposit to open an account is 50 USD/EUR/GBP (10 AUD for residents of Australia). Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to HighLow?
highlow Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a highlow Account Registering for a highlow account is a straightforward process that can be completed in just a few minutes. Follow these detailed steps to ensur

  

HighLow Forex Broker - Complete Information Guide

  

1. Broker Overview

  HighLow is a well-established binary options broker owned and operated by HighLow Markets Pty Ltd, which was founded in 2010. The company is headquartered in Sydney, Australia, specifically at Level 14, Macquarie House, 167 Macquarie Street. HighLow operates as a private entity and has rapidly gained recognition in the financial trading community due to its commitment to transparency and customer service.

  The broker primarily serves markets across Australia, Asia, Europe, and Africa, but does not accept clients from the United States. Since its inception, HighLow has achieved significant milestones, including obtaining a license from the Australian Securities and Investments Commission (ASIC) and continuously expanding its range of trading products and services. The company's business model focuses on retail forex and binary options trading, catering to both novice and experienced traders.

  HighLow's parent company, HighLow Markets Pty Ltd, is dedicated to providing a secure and efficient trading environment, ensuring that clients can trade with confidence. The broker's emphasis on regulatory compliance and customer satisfaction has solidified its reputation as a trustworthy trading partner in the financial markets.

  

2. Regulatory and Compliance Information

  HighLow is regulated by the Australian Securities and Investments Commission (ASIC), which is known for its stringent oversight of financial services. The broker holds an Australian Financial Services License (AFSL) number 364264, which allows it to operate legally within Australia and provide financial services to clients.

  The ASIC regulation ensures that HighLow adheres to strict guidelines regarding the management of client funds. All client funds are kept in segregated accounts at the National Australia Bank (NAB), a highly-rated financial institution, ensuring that traders' money is protected and not used for the broker's operational expenses.

  In addition to these measures, HighLow participates in investor compensation schemes, providing an extra layer of security for clients. The broker implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to verify the identity of its clients and prevent fraudulent activities.

  

3. Trading Products and Services

  HighLow offers a diverse range of trading products, primarily focusing on binary options. Traders can access various assets, including:

  • Currency Pairs: HighLow provides a selection of 17 major currency pairs, including AUD/USD, EUR/USD, and USD/JPY.
  • CFD Products: The broker also offers contracts for difference (CFDs) on indices, commodities, and cryptocurrencies, although the selection is limited compared to other brokers.
  • Special Products: HighLow features unique trading options such as Turbo Options and Turbo Spread Options, which cater to traders looking for short-term investment opportunities.

  The broker continuously updates its product offerings, aiming to expand the range of assets available for trading. HighLow's commitment to providing a user-friendly trading environment is evident in its offerings, which are designed to suit both retail and institutional clients.

  

4. Trading Platform and Technology

  HighLow utilizes a proprietary trading platform known as Markets Pulse, which is designed for ease of use and efficiency. Unlike many brokers, HighLow does not currently support MetaTrader 4 or MetaTrader 5, focusing instead on its unique interface that allows for straightforward navigation.

  The web-based platform is accessible from any browser and is optimized for mobile devices, with applications available for both iOS and Android. The mobile app provides traders with the flexibility to manage their accounts and execute trades on the go.

  HighLows platform allows for various execution modes, including market-making, which facilitates fast order execution. The broker has invested in high-quality server infrastructure to ensure reliable performance and minimal downtime. Additionally, HighLow supports API access, enabling automated trading for users who prefer algorithmic strategies.

  

5. Account Types and Trading Conditions

  HighLow offers a standard trading account with favorable conditions for traders. The minimum deposit requirement is $50 for international clients and just $10 for Australian residents. The broker provides a competitive spread, with no commissions on trades.

  

Account Features:

  • Standard Account: Minimum deposit of $50, with a minimum trade size of $10.
  • Demo Account: HighLow offers a risk-free demo account with $10,000 in virtual funds, allowing traders to practice without any commitment.
  • Leverage: The broker provides leverage options, although the specific ratios may vary based on the asset class.
  • Overnight Fees: HighLow applies overnight fees on positions held beyond the trading day, ensuring transparency in trading costs.

  

6. Fund Management

  HighLow supports multiple deposit methods, including:

  • Credit/Debit Cards: Visa and Mastercard are accepted, with a minimum deposit of $50.
  • Bank Transfers: A minimum deposit of $10 is required for bank wire transfers.
  • E-Wallets: Neteller is the primary e-wallet option, also requiring a minimum deposit of $50.

  Deposits are processed almost instantly, while withdrawals typically take 1-3 business days, depending on the method chosen. The minimum withdrawal amount is $50, and HighLow does not charge withdrawal fees, although a 2% fee applies to transactions via Neteller.

  

7. Customer Support and Educational Resources

  HighLow provides robust customer support through various channels, including email and phone. While the broker does not offer live chat support, its customer service team is responsive and available during business hours.

  

Support Features:

  • Languages Supported: HighLow offers support in English and Japanese.
  • Educational Resources: The broker provides a range of educational materials, including webinars, tutorials, and a comprehensive FAQ section to assist traders in enhancing their skills and knowledge.

  

8. Regional Coverage and Restrictions

  HighLow operates primarily in Australia, Asia, Europe, and Africa, but does not accept clients from the United States. The broker's services are available in various regions, with localized support where necessary.

  

Key Points:

  • Service Markets: Australia, Europe, Asia, and Africa.
  • Office Locations: Headquarters in Sydney, Australia, with a subsidiary in London for payment processing.
  • Restrictions: Clients from the United States, Brazil, and other specific regions are not accepted.

  In conclusion, HighLow stands out as a regulated and reliable binary options broker, offering a user-friendly platform and a variety of trading products. With a commitment to transparency and customer service, HighLow provides a secure trading environment for both novice and experienced traders.

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Latest Reviews

詹景佳

詹景佳

United States

The website of highlow shows that As a result of ASIC's product intervention order in relation to binary options, this company has ceased issuing binary options. I guess it´s because it´s unregulated.

Positive

2023-02-15

FX1649694501

FX1649694501

Japan

My friend earned 1 trillion yen, but when I tried to withdraw it, it was frozen without permission. Customer service make excuses and do not respond.

Exposure

2021-07-09

HighLow Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.39, Software Index 4.00 Risk Control Index 0.00.