Min. Trade Size
HighLow is a Stock broker founded in 2014 and it is owned by Highlow Markets Pty Ltd, which is a registered financial service provider. The company is a holder of an Australian Financial Services License (ASIC) number 364264, which allows it to carry on a financial services business in Australia. Their physical address is at Macquarie House 167, Macquarie Street, Sydney, NSW 2000, Australia. But financial processing is operated in their offices at 145 – 157 St. John Street, London EC1V 4PW, United Kingdom.
Their customer support is available in English and Japanese and can be contacted by phone or email. The customer support line is available Monday to Friday, from 8:00 a.m. to 6:00 p.m. AEST/ADST.
Review Verdict: HighLow is NOT a Scam
Is HighLow a Scam?
HighLow is a licensed and regulated broker. The company that owns them is a registered financial service provider with a physical address in Australia. This means that HighLow must comply with Australia’s laws and regulations. To get their license, the broker has met the strict capital requirements and had complied with internal procedures, such as risk management, audits, staff trading, and accounting.
Also, High Low’s customers’ funds are being held in segregated trust accounts in the National Australia Bank (NAB), which means that traders are secured. They also use SSL security protocol, which encrypts all information over the web, ensuring that traders’ personal information is also secure.
HighLow Trading Platform
High Low uses the MarketsPulse trading platform and it is available in English and Japanese. HighLow has a user-friendly interface of the software makes trading easy even for those traders with less technical and investing knowledge. HighLow is one of the few reliable brokers on the market and is quickly becoming a preferred choice. It is very easy to navigate, so the beginners will not feel overwhelmed and it will be easy for them to find what they are looking for.
Review Verdict: HighLow is NOT a Scam
At the moment traders can trade only stocks and shares with High Low. There are four option types to trade – Spread High/Low, Spread on Demand and etc.
HighLow Investments & Withdrawals
HighLow offers several investment and withdrawal methods, including bank wire transfer, credit and debit cards and Neteller. Remember that you can only withdraw via the same method you used for investing. HighLow supports JPY, USD, and AUD, but more currencies are currently being added, such as EUR. Note that once you choose an account currency, you cannot change it after registration. For USD accounts, the minimum required is 50 USD for all methods. And for AUD accounts the minimum required is 10 AUD for wire transfers and 50 AUD for credit card and Neteller.
The minimum withdrawal amount is $50. They have a very low minimum requirement of only $50. When withdrawing via international wire transfer, there is a $20 processing fee. For Neteller, credit and debit cards withdrawals, there is a 1.5% fee, deducted from your withdrawal amount. The maximum withdrawal amount via Neteller is $10 000 a day and there is no limit when withdrawing via wire transfer. HighLow’s withdrawal process is pretty fast, they even process your withdrawal request the same day if it was sent by 2 p.m. It takes only 2 to 3 business days to show in your personal account.
HighLow is a rather new broker. So far they have a clean reputation and we have not found any legitimate complaints or negative comments from traders regarding HighLow. Based on the information we have gathered, traders who have signed up with HighLow seem to be satisfied with their services.
HighLow is one of the few stock brokers that really provides traders with a free demo account. This helps you to try the platform and gives you the chance to try different strategies and options without risking anything.
The minimum requirement for Highlow is extremely low (only $50), which allows more people to start. Bonuses are another thing that intrigues traders a lot. HighLow has great and exclusive offers which are hard to resist. Still, do not forget to read the fine print.
This stock broker is regulated which is the thing that firms its status of a leading brand in the field. Opening an account with HighLow cannot be a mistake.