HighLow is a very popular Binary Option Broker owned by Highlow Markets Pty Ltd. They are located in Australia at; Level 14, Macquarie House, 167 Macquarie Street, Sydney, NSW 2000, Australia. Their phone number is 1300 168 668, and the contact email address is email@example.com. HighLow is the largest and most popular broker for binary options in Australia.
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Trading Platform Review
HighLow uses the new Markets Pulse trading platform and has their website also available in English and Japanese. They are one of the few binary option brokers who allow traders to open a demo account separate from their live trading account. They naturally offer high low options, along with Range Options, On Demand & Short Term Options. The minimum trade size is $10, and the maximum trade amount is $2,000.
Many of their options offer a payout of 200%. Traders have over 80 assets and currency pairs to trade binary options with at HighLow.
Minimum deposit for new accounts is only $10 AUD or $50 USD, see here.
HighLow License & Regulation
What we look for in binary option brokers to determine if they are a legit broker or a scam broker is very simple. Did a government financial regulator give them a license? One of the reasons that it is so hard to find an Australian licensed binary options broker, has to do with the ASIC requirements for receiving a license. Australia is one of the most difficult regulators to receive a brokers license from.
HighLow is one of the few binary option brokers that have an Australian Financial Services Licence from the ASIC in Australia, see here. Their license number is 364264.
This means that HighLow is a legitimate binary option broker, and not a scam broker!
There are many brokers to choose from, however, when comparing brokers make sure you are only dealing with a licensed broker.