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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 Cyber​​ati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cyber​​city, 72201 Ebène, Republic of Mauritius.

Highness Forex Broker

Basic Information

Registered Region
Mauritius
Operating Period
--
Company Name
Highness Investment LLC
Abbreviation
Highness
Company employee
--
Customer Service Email Address
contact@mu.highness.email
Company Website
Company Address
Credentia International Management, The Cyber​​ati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cyber​​city, 72201 Ebène, Republic of Mauritius
Keywords
2-5 years
Suspicious Regulatory License
White label MT5
Global Business
High potential risk

Company profile

Highness Review SummaryFounded2009Registered Country/RegionMauritiusRegulationNo regulationMarket InstrumentsForex, commodities, indices, shares, CFDs, ETFsDemo Account✅SpreadFrom 0.5 pipsLeverageUp to 1:400Minimum DepositUSD20Trading PlatformMT5, Highnessinvestment 5Customer SupportContact formEmail: info@highnessinv.comRegistered Address: The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of MauritiusRegion RestrictionsNot available for the residents of certain jurisdictions such as the United States and to jurisdictions on the FATF and EU/UN sanctions lists.Highness Information Highness is a Mauritius-registered brokerage company who started its business since 2009 with headquarters and branches in the United States, the United Kingdom, the United Arab Emirates, Turkey, and Malaysia. If offers trading services in Forex, commodities, indices, shares, CFDs and ETFs. There is one demo account and 3 tiered live accounts for customers' choices. Investors can execute trades via the well-acclaimed MT5 and the broker's proprietary platform. Furthermore, trading tools like economic calendar expert advisor, VPS hosting etc. enhance trading efficiency. While educational articles, videos, analysis and webnars equip traders with essential knowledge and skills for successful trading. However, one fact that cannot be neglected is that the company currencly operates without valid regulation, degrading its credibility and reliability.Pros and ConsProsConsDemo accountsNo regulationMT5 platformDoes not serve clients from certain regionsAffordable minimum depositTiered live accountsZero commissionsNo deposit/withdrawal feesGlobal presenceIs Highness Legit? The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.What Can I Trade on Highness? Highness provides trading services to more than 470 instruments, mainly in 6 asset classes. Forex: Forex, or foreign exchange, is the global marketplace for trading national currencies against one another, facilitating international trade and investment. Commodities: Commodities are basic goods used in commerce that are interchangeable with other goods of the same type, such as precious metals as well as energy products and agricultural products. Indices: Indices are statistical measures that represent the performance of a specific group of assets, such as stocks or bonds, helping investors gauge market trends and economic health. Share: Shares represent ownership stakes in large companies such as Apple, Tesla etc., allowing investors to participate in their profits and losses. CFD (Contract for Difference): A financial derivative that allows traders to speculate on the price movements of assets without owning the underlying asset itself. ETF (Exchange-Traded Fund): An investment fund that is traded on stock exchanges, similar to individual stocks, and typically holds a diversified portfolio of assets, such as stocks or bonds. When dealing with investment activities, always adhere to the principle of diversification by allocating funds across various products rather than concentrating on a single one you feel optimistic about.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Cryptocurrencies❌Shares✔ETFs✔Bonds❌Mutual Funds❌Account Type/Spread & Commission Except for a demo account for practicing and testing with simulated market conditions, Highness also provides 3 tiered account types for different client demands. The Standard account requires an affordable minimum deposit of 20 USD, with spreads from 1.2 pips, suitable for beginners who usually have limited initial capital. Moving up, the Highness Account and Professional Account set a very high threshold of entry, with minimum deposit requirement of USD10000 and USD50000 respectively. Spread is 0.8 pips in Highness account and 0.5 pips in Professional account. One of the lightspots of this broker is its commission-free structure, reducing costs for traders significantly.Account TypeMinimum DepositSpreadMinimum Lot SizeCommissionStop OutStandard 20 USDFrom 1.2 pips0.01❌10%Highness 10,000 USDFrom 0.8 pipsProfessional50,000 USDFrom 0.5 pipsLeverage Leverage, a trading tool that enables you to control larger positions with smaller capital, should always be used cautiously, with risk management indispensable for every investors. With Highness, leverage level is up to 1:100 for Standard account and higher at 1:400 for both Highness and Professional account.Account TypeLeverageStandardUp to 1:100Highness Up to 1:400ProfessionalTrading Platform Highness offers two trading platforms for trades execution: the popular MetaTrader5 and its own-developed Highnessinvestment 5 platform. The MT5 platforms is widely recognized globally for its robust functions, built-in charting tools and techinical indicatiors and customized interface. Traders can configure settings of the platform according to their own preferences. You can acess these platforms via web or download a software of PC version. Besides, the company also developed its own platform called “Highnessinvestment 5” which allows for trading on the go by mobile apps downloaded from iOS, Android and Windows devices.Deposit & Withdrawal Highness enables multiple funding methods for convenience. Bank Transfer allows deposits from $50 to $10,000 with no fees and a processing time of up to one working day. Visa and MasterCard enable instant deposits from $50 to $5,000, also fee-free. Skrill and Neteller accept deposits from $50 up to €50,000 with instant processing and no fees. Bitcoin Transfer allows deposits starting at $50 with no limit, processed instantly. Sticpay also offers deposits from $50 with no maximum and instant processing.Deposit MethodMin DepositMax DepositDeposit FeeDeposit TimeAccepted CurrenciesBank Transfer$50$10,000❌Up to 1 working dayEUR, USD, GBP, AUD, AED, etc.Visa & MasterCard$5,000InstantSkrill€50,000 or equivalentNetellerBitcoin TransferUnlimitedBTC, USDT, ETH, USDCSticpayCrypto, EUR, USD, GBP, AUD, AED, etc. For withdrawals, options include Bank Transfer (min $15, unlimited max), Visa and MasterCard (min $50, max $5,000), Skrill and Neteller (min £5/€5/$5, max $50,000), and Bitcoin Transfer (min $5, unlimited max), all processed within one working day without any handling fees.Withdrawal MethodMin WithdrawalMax WithdrawalWithdrawal FeeWithdrawal TimeAccepted CurrenciesBank Transfer$15Unlimited❌1 working dayEUR, USD, GBP, AUD, ZAR, VND, IDR, THBVisa & MasterCard$50$5,000EUR, USD, GBP, AUD, ZARSkrill£5/€5/$5€50,000 or equivalentNetellerBitcoin Transfer$5UnlimitedBTC, USDT, ETH, USDC

Rating Index

Pros/Cons
Accounts

Pros

Affordable minimum deposit of $20, making it accessible for new traders.
Wide range of trading instruments available, including over 470 options across various asset classes.
Strong customer support with excellent communication and relationship management.

Cons

Lack of valid regulatory oversight, raising concerns about credibility and customer protection.
Execution speed may experience slight delays, which can affect trading performance.
Limited information available regarding specific trading tools, account types, and operational procedures.
How to login to Highness?
Highness Complete Account Guide: Registration, Account Opening, and Login Processes Navigating through the various processes of account management on the Highness platform can be daunting for new users. This comprehensive guide will provide you with step-by-step instructions for registering, opening

Highness Forex Broker - Complete Information Guide

1. Broker Overview

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.

2. Regulatory and Compliance Information

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.

3. Trading Products and Services

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:

  • Indices: Major global indices such as the S&P 500 and Dow Jones.
  • Commodities: Trading options for gold, silver, oil, and other essential commodities.
  • Stocks: CFDs on publicly listed companies.
  • Metals: Precious metals trading, including gold and silver.
  • Energies: Options for trading crude oil and natural gas.

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.

4. Trading Platforms and Technology

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.

5. Account Types and Trading Conditions

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.

6. Fund Management

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.

7. Customer Support and Educational 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.

8. Regional Coverage and Restrictions

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.

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Latest Reviews

Ricardo Lim

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

Afra

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

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

Highness Forex Broker has an overall rating of 2.09, Regulatory Index 0.00, License Index 0.00, Business Index 6.36, Software Index 8.45 Risk Control Index 0.00.