Is HighLow legit?
Yes. HighLow is a reliable broker as they have been operational for a few years. In addition, the broker is regulated by the Australian Securities & Investments Commission.
How to use HighLow?
The high-low method involves taking the highest level of activity and the lowest level of activity and comparing the total costs at each level. If the variable cost is a fixed charge per unit and fixed costs remain the same, it is possible to determine the fixed and variable costs by solving the system of equations.
What is high low trading?
The 52-week high/low is the highest and lowest price at which a security has traded during the time period that equates to one year and is viewed as a technical indicator. The 52-week high/low is based on the daily closing price for the security.
Is binary options trading legal in Australia?
An ASIC review found that around 80% of retail clients lost money trading binary options. From 3 May 2021 binary options providers, trading platforms and apps are banned from selling binary options to retail clients.