Highness foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.highness.pro/en/register/institutional, about the company's legal and temporary regulatory information, the company's address Credentia International Management, The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius.
Highness Investment LLC, founded in 2009, is a financial brokerage firm headquartered in Phoenix, Arizona. This privately held company specializes in providing trading services primarily in the forex market, targeting both retail and institutional clients. Over the past 14 years, Highness has established itself as a player in the forex trading landscape, catering to a diverse clientele that includes novice traders and seasoned professionals alike.
The company has made significant strides since its inception, marked by milestones such as the introduction of advanced trading technologies and the expansion of its product offerings. Highness operates under a business model that focuses on retail forex trading while also offering services to institutional clients, including white-label solutions and asset management services.
Highness broker aims to elevate trading experiences by providing a user-friendly platform, competitive trading conditions, and a wide range of educational resources to support its clients in achieving their financial goals.
Highness broker currently operates without any valid regulatory licenses, which poses a potential risk for clients. According to various sources, including WikiBit, the broker does not have oversight from recognized financial authorities, and there are no specific regulatory numbers associated with its operations.
This lack of regulation necessitates caution for potential investors, as they may not benefit from the protections typically afforded by regulated brokers, such as investor compensation schemes or strict adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
Highness has implemented a policy for the segregation of client funds, ensuring that client deposits are kept separate from the company's operational funds, which is a standard practice in the industry. However, the absence of a regulatory framework raises concerns about the overall security and transparency of the broker's operations.
Highness broker offers a diverse array of trading products, primarily focusing on foreign exchange (forex). The broker provides access to over 28 currency pairs, including major, minor, and exotic pairs. Additionally, Highness offers Contracts for Difference (CFDs) on various asset classes, including:
Highness broker claims to provide access to over 470 trading instruments, ensuring clients have a wide range of options to diversify their trading strategies. Regular updates to their product offerings are made to keep pace with market trends, although specific details on the frequency of these updates were not provided in the available resources.
Highness broker supports MetaTrader 5 (MT5) as its primary trading platform, which is widely recognized for its robust features and user-friendly interface. The broker also offers a web-based trading platform, allowing clients to trade from any device with internet access.
For mobile trading, Highness provides applications compatible with both iOS and Android devices, ensuring that clients can manage their trades on the go.
The broker operates on an ECN (Electronic Communication Network) execution model, which is designed to facilitate direct market access and enhance trade execution speeds. Highness broker boasts ultra-low latency execution, thanks to its state-of-the-art technological infrastructure, which is supported by global data centers.
Additionally, Highness offers API access for automated trading, allowing clients to implement algorithmic trading strategies effectively. This flexibility caters to a wide range of trading styles, from manual trading to fully automated systems.
Highness broker offers several account types to accommodate the diverse needs of its clients:
Standard Account:
Minimum Deposit: $20
Spreads: From 1.2 pips
Commission: $0
Leverage: Up to 1:100
Professional Account:
Minimum Deposit: $50,000
Spreads: From 0.5 pips
Commission: $0
Leverage: Up to 1:400
Islamic Account: Available for clients who require it, ensuring compliance with Sharia law.
Demo Account: Highness broker provides a demo account for clients to practice trading without financial risk.
The broker offers flexible leverage options, with ratios varying between 1:100 and 1:400, depending on the account type. The minimum trading lot size is set at 0.01, catering to both novice and experienced traders.
Highness broker also outlines its overnight fees, although specific rates were not detailed in the available information.
Highness broker supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the standard account starting at $20.
Deposit processing times are generally quick, with many transactions being processed instantly. However, specific details regarding deposit fees were not provided.
For withdrawals, Highness broker offers multiple options, but clients should be aware of potential limitations and processing times. The withdrawal processing time is typically within 60 minutes, although clients may encounter delays depending on the method used. The fee structure for withdrawals was not explicitly mentioned in the available resources.
Highness broker provides customer support through various channels, including telephone, email, and live chat. The support team is available 24/7, allowing clients to receive assistance regardless of their time zone.
The broker supports multiple languages, ensuring that a diverse clientele can access help in their preferred language.
To enhance the trading experience, Highness offers a range of educational resources, including webinars, tutorials, and e-books. Additionally, clients can benefit from market analysis services that provide daily insights, news updates, and research reports.
Trading tools such as calculators and economic calendars are also available, aiding clients in making informed trading decisions.
Highness broker primarily serves clients in global markets, with a strong emphasis on the forex trading community. Specific regional offices are located in North America, but the broker also caters to clients in various other regions.
However, Highness does not accept clients from certain countries, although specific restrictions were not detailed in the available information. It is essential for potential clients to verify their eligibility before opening an account.
In summary, Highness broker presents a unique trading opportunity for clients seeking a diverse range of products and services. However, potential investors should exercise caution due to the lack of regulatory oversight.
Afra
Kazakhstan
Amazing communication and prompt response to all matters. Best relationship management in the market by Andrew Leader - a real asset to Highness. Refreshing to see a broker which continues to have a relationship focus and not just on IT investment.
Positive
2024-06-14
Nannay
Cyprus
Pretty good, I'd say. Lots of tools to play with and super flexible leverage! Nice. Also, your money's safe with them, and their tech-setup keeps things popping. Worth checking out!
Positive
2024-04-26
Ricardo Lim
Netherlands
Haven't had any major slippages, but execution speed could be a tad faster. Just a few milliseconds here and there, though.
37130
2024-07-10