Comparison 24option vs HighLow
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares 24option vs HighLow. Is 24option or HighLow a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Let’s analyze the commission fees on trading options. 24option has a commission fee of €10 fee per month, HighLow has a commission fee of none. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are 24option provides customers with Stocks Trading, Forex Trading, Crypto Trading, and HighLow provides customers with Options Trading. As for platforms, 24option offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while HighLow offers Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. 24option was established in 2009 in Cyprus, and it is regulated by CySEC, IFSC. And HighLow was established in 2014 in Australia, and it is regulated by ASIC. Withdrawal of funds from 24option can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $35. And HighLow provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 2% fee on all withdrawals. The withdrawal time for 24option is 5 - 10 business days, and that one for HighLow is 1 - 3 business days.
As a result, the rating of 24option is 3.9 stars versus that of HighLow of 4.6 stars.