Take advantage of moves in the markets – no matter how big or small – with our range of fixed-risk digital 100s.
English
Digital 100s
Who can trade digital 100s?
Binaries products, including digital 100s and sprints, are only available for Pro clients. Retail clients with a position that expires after 3 May 2021 will only be able to close the position via phone.
Why trade digital 100s with IG?
-
Trade on quiet markets
Trade on the likelihood of an event happening. -
Limit your risk
Know your maximum potential profit and loss before you go into every trade. -
Discover new opportunities
Speculate on indices, FX, commodities and key events, with timeframes from five minutes to one month.
What are digital 100s?
Digital 100s are based on a single statement with a yes or no answer, and enable you to speculate on the likelihood of a market event taking place. If you predict the outcome correctly, the trade will return a profit. If not, you’ll lose your original stake.
For example, a typical digital 100 statement might be ‘FTSE 100 to finish up’. You’re then presented with the option to buy the digital 100 if you think the FTSE will be up at the end of the trading day, and to sell if you think it won’t.
The price of a digital 100 ranges from 0 to 100. This price reflects our view on the probability that this event will occur, based on the behaviour of the underlying market and how long the digital 100 has until it expires. The more likely we think it is that the event will occur, the closer the price will be to 100.
If the digital 100 statement is true (in this case, if the FTSE finishes up), the price settles at 100. If it isn’t true (ie if the FTSE finishes down), it settles at 0. If the market finishes at the exact same value at the point of expiry (the FTSE is unchanged), the digital 100 would be considered up, and the price would settle at 100. Your profit or loss depends on the amount per point you’ve staked, and the difference between your opening price and the digital 100’s closing price.
How to trade IG digital 100s
Step 1
Choose the appropriate digital 100 type, based on what you think will happen.
Step 2
Select your strike to view the market’s chart, with one eye on streaming data and real-time profit and loss.
Step 3
Decide upon your stake, work out your maximum potential profit and loss, and take a position on whether the event will take place (buy) or won’t (sell).
Note:
The fast-moving nature of IG digital 100s provides the possibility of short-term gains, alongside any potential losses. Although digital 100s are limited risk, you should be aware there is still the potential to make substantial losses as well as gains.
See full details for all our digital 100s in our help area.
Does this sound like you?
-
I want to know exactly how much I’m risking
You can view your profit and loss in the deal ticket, so you’ll always know how much you stand to lose or gain.
-
I want opportunities in subdued markets
It’s not important how far the market moves, as long as you’re proved right about the outcome.
-
I want trades to suit my situation
Choose from a range of FX pairs, indices and commodities, as well timeframes from five minutes to monthly.
Digital 100 types to suit you
Ladder
Will the market be higher or lower than your chosen level when the digital 100 expires?
Take a view on whether the market will be above or below a selected level upon expiry.
Up/Down
Will the market finish up or down when the digital 100 expires?
Speculate on whether the market will finish above or below the previous day’s closing price.
One touch
Will the market hit a specific level before expiry?
Take a position on whether a market will reach a certain level at any time before it expires.
Target
At expiry, do you think the market will close within a specified range?
Take a view on both the direction and the level that a market will finish at.
Hi-Lo
Can you predict the range your market’s daily high or low will fall in?
Back your opinion on how volatile the market will be throughout the day.
Indices
Market |
Type |
Timescale |
|---|---|---|
FTSE 100 |
Ladder, Up/Down, One touch, Target, Hi-Lo | 5 min to weekly |
| Wall Street | Ladder, Up/Down, One touch, Target, Hi-Lo | 5 min to weekly |
| Germany 40 | Ladder, Up/Down, One touch, Target | 5 min to weekly |
| France 40 | Ladder, Up/Down, One touch | Daily |
| Italy 40 | Ladder, Up/Down, One touch | Daily |
| Spain 35 | Ladder, Up/Down, One touch | Daily |
| Sweden 30 | Ladder, Up/Down, One touch | Daily |
| Netherlands 25 | Ladder, Up/Down, One touch | Daily |
| US 500 | Ladder, Up/Down, Target | Daily to weekly |
| US Tech 100 | Ladder, Up/Down, Target | Daily |
| Singapore Blue-Chip | Ladder, Up/Down | Daily |
| Australia 200 | Ladder | 20 min to weekly |
| South Africa 40 | Ladder | Daily |
| Japan 225 | Ladder, Up/Down, One touch | Hourly to weekly |
| China A50 futures | Ladder | Daily |
| Hong Kong HS50 futures | Ladder | Daily |
| India 50 futures | Ladder | Daily |
Commodities
Market |
Type |
Timescale |
|---|---|---|
| US Light Crude Oil | Ladder, One touch | Daily to weekly |
| Gold | Ladder, One touch | Daily to weekly |
| Silver | Ladder | Daily to weekly |
Forex
Spot FX market |
Type |
Timescale |
|---|---|---|
| EUR/USD | Ladder, Up/Down, One touch | 5 min to monthly |
| GBP/USD | Ladder, Up/Down, One touch | 5 min to monthly |
| USD/JPY | Ladder, Up/Down, One touch | 5 min to weekly |
| AUD/JPY | Ladder, Up/Down, One touch | 5 min to weekly |
| EUR/GBP | Ladder, One touch | Daily to weekly |
| EUR/JPY | Ladder, One touch | Daily to weekly |
| GBP/JPY | Ladder, One touch | Daily to weekly |
| USD/CAD | Ladder, One touch | Daily to weekly |
| AUD/USD | Ladder, One touch | Daily to weekly |
| USD/CHF | Ladder, One touch | Daily to weekly |
Other
Market |
Type |
Timescale |
|---|---|---|
| US Jobless Claims | Ladder | Weekly |
| US Non-farm Payrolls | Ladder | Monthly |
FAQs
How are digital 100s priced?
Our digital 100 prices are based on the behaviour of an underlying market, but set by our dealing desk. Each digital 100 is priced between 0 and 100, according to four factors:
- The time to expiry
- The current value of the underlying market
- Our expectation of future volatility
- Client sentiment
Each of these factors impact the chances that a given market event will occur. The higher we think these chances are, the closer the digital 100’s price will be to 100 – and vice versa. And if you think you’re a better judge of volatility than us, digital 100s are a great way to back your view.
What special digital 100s can I trade?
We offer IG digital 100s on a number of major economic indicators, such as US non-farm payrolls and US initial jobless claims.
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
You might be interested in...
-
Bitcoin
Trade on bitcoin volatility with our range of FX pairs
-
Learn about IG
Meet the world's No.1 CFD provider.2
-
Platforms and apps
Browser-based desktop trading and native apps for all devices.
1 Based on revenue excluding FX (published half yearly financial statements, June 2020)
Help and support
Or ask about opening an account on 1800 601 799, or +61 3 9860 1799, or helpdesk.au@ig.com.
If you're calling from NZ, you can contact us on 0800 442 150
We're here 24 hours a day, except from 7am to 12pm Saturdays (AEDT).
