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HighLow Review

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4.8/5 of 27 ratings

HighLow binary options

HighLow is an Australia-regulated binary options broker backed by strong regulation from the ASIC. The brokerage runs a transparent business model, including offering client money protection.

A minimum of a $50 deposit is required to start trading with a live account.

*ASIC Regulated binary options broker

As the binary options industry continues to go through a consolidation phase, some interesting brokers from Australia have sprung up. These binary options brokers focus on strong business practices and are backed by the ASIC licenses, which are considered one of the toughest.

HighLow belongs to this class of brokerage, where transparency and legitimacy takes priority over everything else. We are happy to review a regulated binary broker with a strong reputation.

Quick review
Regulated by: 
High/Low, Turbo, Spreads
Markets available: 
Forex, Indices, Commodities
Min. trade amount: 
Potential payout: 
Demo Account: 
Bonus offer: 
Account currency: 
English, Japanese, Chinese
E-mail, Phone
Mobile platform: 
iOS, Android
Payment methods: 
VISA, MasterCard, Wire, Neteller, Sofort, GiroPay, UnionPay, SporoPay, Abaqoos

HighLow broker review

Broker Review

HighLow Broker Review

HighLow is the brand name and business managed by Highlow Markets Pty Ltd. The company operates under the Australian Securities and Investments Commission (ASIC) license. It started providing over the counter derivatives back in 2013.

The broker uses MarketsPulse software to provide binary options trading to its clients. You can trade in a web browser or on a smartphone by downloading the app from the App Store or Google Play.

HighLow Specials

  • ASIC Regulated
  • Based in Sydney, AU
  • Up to 100% payouts
  • $50 cash back
  • Loyalty credits
  • Instant withdrawals

Trading platform

HighLow trading platform is powered by MarketsPulse, one of the leading providers in binary options; it is a browser-based trading interface. Even for complete beginners, the layout of the platform interface is simple to understand.

HighLow trading platform

All binary options are displayed with predefined expiry time and payout. Once you choose your preferred option, you have to decide on the direction and investment. The largest selection is on forex options.

You can easily switch from trading short-term binary options, including flexibility to filter based on assets, as well as Turbo options and Spread options.

Types of options

Traders can choose from the traditional High/Low binary options (Call or Put), as well as Spread options. You can also trade the short-term expiry options under Turbo and Turbo spread. With the spread options, the price must close above or below the bid/ask prices quoted by the broker.

Expiry time

There are many different expiry times available for trading. The shortest expiry time for the binary option contracts are 30-second expiries, and traders can also choose 60-second, 3-minute or 5-minute options.

The regular expiry times start at 15 minutes and include 1-hour and up to one day expiry times.


Traders can expect payouts of up to 100% on the investment with HighLow. For the regular binary options contracts, traders will be paid, on average, 90% on the invested amount. The 100% returns are on the spread options contracts that include both turbo and regular options.


Considering the trading interface is browser based, the trading indicators are limited. At HighLow, you can use the traders’ sentiment indicator, which shows the number of Call/Put options and gives an idea of other traders’ positions.

The charting interface displays the price in area only and offers little in terms of aiding in any technical analysis.


Regarding the selection of assets available for trading at HighLow, the choices are limited. There are a total of 17 currency pairs that can be traded on top of gold and 7 indices, which includes the Dax 30, the CAC40 and the Australia 200. Stock options are not offered.

Mobile App

The HighLow app is easy to navigate and doesn’t lack any features available on the web platform. You can find all binary options on one page, or you can select by asset and expiry time. The quick demo is available on the app as well, so you can easily test it and perform some trades before you go live.

You can download the free app directly from iTunes and Google play stores and access your trading account.

Demo account

You don’t actually register your demo account, which is a bit of a drawback as you can’t keep a history of your trades. However, it is really easy to start the HighLow demo and purchase options directly on the web platform.

You simply click on Quick Demo, and you can open the trading platform with virtual funds of $10,000. All types of options and expiries are available, and you can see exactly what your live trading would be.

Live account

Traders must know they need to pass through verification during the registration process. HighLow offers instant verification with a driver’s license. If you skip this process, you will have to manually send a copy of your ID.

After the account is approved, traders can make a deposit. You must fund your account before option contracts are issued to you. The offered binary options are not standardised, and HighLow sets the terms of an option contract.

Trading strategy

For your trading strategy, you must remember that the minimum amount to trade at HighLow is $10 per contract. The payout on successful trades is about 90%, and if you trade Spreads, the return is fixed at 100%.

With short term options, such as 30 seconds and 60 seconds, the risk is higher and the payout is lowered to 82%. Traders can seek potential profit during news releases. To keep your risk low, you can purchase daily options with a 90% payout.

The trading platform doesn’t offer added indicators on the chart, such as Moving averages or Bollinger bands, and to perform a better analysis, you need to apply it on another chart platform, such as Meta Trader 5.

The choice of expiry times for the contract varies, meaning that there is flexibility for traders.

$50 Cash back

All new traders at HighLow can receive $50 in cash back. This means that the broker matches your investment amount up to $50 in case you lose.

For example, you deposit $100, and you lose $50. Then, you can request cash back and withdrawal your initial deposit of $100.

What makes this offer quite friendly is that there are no strings attached, meaning that traders can withdraw their funds at any time.

Loyalty program

HighLow runs a loyalty program for all traders with live accounts. There are four levels available, and traders can reach a higher level by increasing trading volume. On the 1st of every month, you can redeem your earned loyalty credits for cash back up to $500.

Deposits and withdrawals

HighLow accepts a wide range of deposit and withdrawal methods. There is a minimum deposit amount of $50, and all client funds are directly kept in a segregated bank account held at the NAB bank.

Traders can choose from credit card funding, which includes MasterCard and Visa payments and e-wallets, such as Neteller. Depositing funds via Bank wire is also an option, which again has a low deposit requirement of just $50.

Bank withdrawals are processed twice a day. Credit cards and e-wallets withdrawals are executed instantly.

There are no fees for making deposits, but withdrawals via Credit card and Neteller include a 1.5% fee per transaction, while Bank wire withdrawals have a fee of $20 per bank wire. There are no withdrawal limits.

Additionally, there are over 35 other payment methods that can be used, including a host of e-wallets and Bitcoin payments as well.

Customer Support

For any questions or for problems, traders can use the HighLow customer support, which can be reached via a local toll-free number in Australia and via email.

The web page offers a vast database of customer queries, which answers some of the most commonly asked questions, and in many cases, this is more than enough.

Still, if traders face some unique problems not covered in the customer resources or the FAQ page, then they can contact customer support via phone (weekdays 09:00 to 04:00, AEST) or through an email contact form.

Pros and Cons


  • ASIC license
  • Strong reputation
  • Instant withdrawals
  • Loyalty program
  • High Payouts
  • $50 cash back


  • $10 minimum trade
  • Missing indicators
  • No stocks offered

Currently, HighLow brokerage does not accept traders from the following countries: USA.

HighLow reviews by traders

Wrapping up the review for HighLow, I can see that the ASIC license, along with the client money protection scheme, are two aspects that really stand out and make this broker very strong. The $50 cash back option makes HighLow really friendly to its customers.

The payouts reach the highest levels in the industry, up to 100% per successful trade, and you can’t ask for more. There is a lot left to be desired, however, in terms of having wider choices in trading assets and charting tools.

The minimum $10 trade is a bit high in my opinion and makes money management a bit difficult for beginners. Offering the Quick Demo feature is friendly, but the demo account is useless if you can’t keep track of your past trades.

If you use a credit/debit card or e-wallet, the withdrawals are executed extremely quickly, and you can cash out your profits instantly. The top high payouts and instant withdrawals make HighLow the perfect choice if you decide to trade binary options.


molly's picture
Hello, thank you for the very informative HighLow review. What about HighLow in the USA? It is a bit frustrating that traders in the US are forced to use off shore shady companies instead of regulated brokers. I really cannot follow why only NADEX should offer binary options in the United States. Why is HighLow broker not allowed to operate in the USA?
HighLow's picture
The CTFC in the USA accepts and regulates binary options only in a form of exchange, such as NADEX and Cantor exchange. HighLow, on the other hand, provides over the counter derivates, which are not exchange rated. The binary options at HighLow are for speculating indirectly on a range of underling securities without having to own and pay the full value of the security.
kymsy's picture
Hello, I am from the Netherlands and I have been using HighLow for some time now and I like the instant withdrawals, but please explain how the spread options are calculated? I can see on some pairs you add +/-0.40 pips and others you add +/-0.90 pips. How is that work?
HighLow's picture
Spreads are determined by many factors, including volatility of the asset, liquidity, and time until expiration. Hopefully that helps!
kymsy's picture
Does it really matter the traders’ choice graphic that you display. I mean % of Call trades vs % of Put trades. Why do binary options brokers always offer the same payout for both directions? Does it mean traders’ overall choice is always 50/50 because I often see 70/30 or 80/20?
HighLow's picture
Hi, sorry for late reply. Yes, you are correct the payout for a Call or Put is always the same, and it is not dependent on the Traders Choice indicator.
quinteny's picture
Who is the price quotes provider, and is it true that HighLow manipulates prices before the original expiry of an option? I can see there is a difference between prices on MT4 and highlow.
HighLow's picture
Price quotes are provided by FXCM, Leverate and LMAX. Not sure what you mean about price manipulation. HighLow is surely not high jacking prices for traders to lose positions. Differences with MT4 are absolutely normal as we are not using the same quotes providers.
Patrick's picture
How exactly does ASIC regulation protect traders?
HighLow's picture
There are several key points that traders should be aware of. ASIC ensures that HighLow does each of the following: segregates clients’ funds so that those funds cannot be touched, has large insurance policies to protect traders against broker collapse, has high net tangible assets, does not initiate speculative positions in the market. It is also important to mention that when you make a deposit at HighLow, your money is held in a Trust Account with the National Australia Bank, which is an AA-rated top-tier bank.
Patrick's picture
I tried the quick demo, and I like it a lot. The platform works really fast and offers great payouts. Is it possible to open a live account from Canada, and does the ASIC license protect citizens outside of Australia?
HighLow's picture
Yep, currently traders from Canada are welcome to open live accounts. HighLow treats all its clients equally, regardless of their country of residence. It doesn’t matter if you are from Australia, Canada or Fiji you will receive the best possible support. All client funds are held in segregated trust accounts with National Australia Bank.
Patrick's picture
What does it mean that all funds are segregated in trust accounts?
HighLow's picture
This means that clients’ account balances are held in a separate bank account to HighLow operational/company accounts.
Bettercall's picture
My HighLow review is 4/5. I have been using this broker since January 2017, and I can confirm the instant withdrawals make the difference. I have been trading binaries for 5 years, and so far, no other binary company offers such superfast service. Or maybe there is one but I am not aware of it. I also like the big diversity in expiries: 30 seconds, 1 min, 5 min, 1 hour, end of day. Best payouts for real! 85% is the lowest return at HighLow and 100% is the maximum. Many brokers claim up to 88% payouts, but when you open real account, you see a 65% return, which is crap. Of course, I will also point out the cons I see so far. Sometimes, they offer weird entry prices. Not sure what they are up to or if this is done by the broker or the platform provider MarketPulse. Still, those differences didn’t affect my trades, but it is weird to see the same pair with different strike prices, isnt it?
Patrick's picture
Hey bettercall, thank you for sharing your review! do you mean they manipulate prices?
Bettercall's picture
I won't go so far in blaming them in manipulations, but I have noticed some changes in strike prices, it was some months ago, so it is probably fixed already. After all it is ASIC regulated broker and I think we can trust them.
caixote's picture
My experience with HighLow Australian regulated binary options broker was real good! Well, in one word: "Unique!" I have never seen a broker like this one before. Licensed and regulated by ASIC! They fully refunded my first 50€ trade which I lost. The withdrawal was immediately, never seen so fast withdrawal. There is no trick in the cash back offer! They have high payouts, much higher then the average, all time frames are available, even end of the day expiry. The only inconvenience is that we need to watch prices on MT4 or MT5, there is up to 5 pips difference and that is preetty common with the competition as well. I would like to see more in the charting tools, to build MT4 app or pc software with graphic indicators for technical analysis. I will definitely keep trading with HighLow broker.