This work evaluates a possibility of creating a high-frequency, SSVEP-based brain computer interface using a low cost EEG recording hardware - an Emotiv EEG Neuro-headset. Both above aspects are crucial to enable deploying the BCI technology in the consumer market. High frequencies can be used to create a non-tiring and more pleasant interface. Commercial EEG systems, as the Emotiv EEG, although demonstrating large underperformance, are much more affordable than standard, clinical-grade EEG amplifiers. A system classifying between two stimuli and rest is designed and tested in two experiments: on five and ten subject respectively. First, the accuracy of the system is compared for frequencies in lower range (17Hz, 19Hz, 23Hz, 25Hz) and higher range (31Hz, 33Hz, 37Hz, 40Hz). The mean online accuracy is 80%±15% for the former and 67%±12% for the latter. Second, a more thorough investigation is done by evaluating the system for frequencies within a set of 35Hz-40Hz. Although the mean accuracy, 64% ± 22%, is relatively low, most of the users were able to achieve satisfying accuracy, with the mean reaching 82%±5%, which would allow for an efficient, and yet pleasant, usage of the BCI system. In each case a user dependent approach is applied, with a calibration session lasting about five minutes. EEG feature extraction is done using common spatial pattern (CSP) filtering, canonical correlation analysis (CCA), and linear discrimination analysis (LDA).