Non Indonesian traders CLICK HERE to read our general HighLow Review.
HighLow Indonesia is a NEW trading platform from Sydney, Australia based and ASIC regulated (AFSL: 364264) binary options broker HighLow Markets. The new platform and IDR payment options are a major positive for Indonesian investors and traders who are looking for a simple and exciting way to trade financial markets. HighLow Indonesia offers free trading accounts, with a Rp.250,000 cash-back bonus when traders sign up and deposit. The new platform is available on both web and mobile (iPhone, Android).
“Highest payouts in Indonesia, of up-to 200%”
HighLow Indonesia is most suitable for:
- iPhone and Android mobile device users
- Short-term investors / traders
- People new to financial markets
- Experienced traders (those looking for the highest binary option payouts)
HighLow Indonesia Features + Benefits
Deposit and Withdrawal Methods: Deposit instantly in Rupiah (IDR) from most Indonesian banks and ATMs. Withdrawals are paid into your account same day (within 12 hours). HighLow Indonesia’s commitment to offer a great localised product is admirable, and the convenience for Indonesian investors is significant. No longer is there expensive bank fees to deposit and withdraw like with many other brokers, or unknown USD/IDR exchange rates to factor into your investment plan.
Account Minimum: HighLow Indonesia has an account minimum of Rp.250,000. Investors can get started trading straight away with capital of Rp.500,000 after the generous cash-back bonus applied to all new accounts. However, most traders and investors deposit around Rp.10,000,000 or more to ensure they have sufficient capital to implement their trading strategy with. HighLow’s minimum deposit is low compared with other brokers that often require much higher starting deposits.
HighLow uses IDR bank transfer (Virtual Account) through many of the major Indonesian banks and ATM network, including BCA, Mandiri, Maybank and CIMB Bank. Deposits are credited to your HighLow account instantly once received (usually within 60 seconds). Credit and Debit Card deposits (Visa and Mastercard) are also available and a popular choice amongst many local traders.
Ease of Use: If you are accustomed to using your mobile phone, you will find the signup and deposit process very straightforward. The account registration process takes around 5 minutes, with just a few quick questions to gather your personal information, identification and means to fund your account. HighLow Indonesia aims to approve new account applications within 1 hour.
Note: as a regulated Australian broker, you will need to submit 2 x ID documents before your account can be approved. HighLow is very strict compared to other brokers, so we suggest reading the requirements very carefully as many traders are finding their applications are getting rejected.
Streamlined Trading Platform: This could be seen as a slight negative for some traders. HighLow offers limited charting when compared to other brokers. But for investors who know what they want, the HighLow platform is more than enough to quickly execute trades. The desktop platform supports 1-click trading allowing for instant trade placement in fast market conditions. When more advanced charting is required, most serious traders will use another charting platform like TradingView for market analysis.
Where HighLow Indonesia could improve
Limited range of assets: The platform is for currency (forex), commodity and stock indices investors only; you can’t trade bonds, individual stocks or crypto currencies like Bitcoin – yet! That being said, it does give investors access to more than 35 assets to trade, so it’s not as limited as other platforms in the market.
The HighLow team say they are working hard to support more asset types in the future, including Bitcoin but they want to keep offering the highest payouts for every asset they offer.
Is HighLow Indonesia right for you?
The “cash-back bonus offer” is frequently used by other brokers to trick you into signing up. Terms and conditions are hidden where you can’t find them, and many traders often realise only when they are trying to withdraw their funds.
HighLow Indonesia is refreshing because the account setup is truly free. You can trade through the app without spending anything on fees or commissions, and there are no hidden costs to be seen. The Rp.250,000 new trader bonus and ongoing HighLow loyalty points system is one of the most honest we have seen on the market.
You’ll miss a few things in exchange — charting tools, advanced order types, education, investment options beyond currencies, commodities and indices — but if simplicity, high payouts and ease of use is your No. 1 concern, HighLow Indonesia is the best choice in the market today.
Finally Indonesian traders can experience one of the best binary option and trading experiences on the market today with the latest HighLow platform. Click HERE to sign-up today and claim your Rp.250,000 bonus.
The HighLow Indonesia team is also active on Instagram and worth following: @highlowID