A digital 100 is generally based on a single question with a yes/no answer. For example: will the underlying market do X before the digital 100 expires?
If you're right at the time of expiry, you win. If you're wrong, you lose.
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.
Related questions
IG Academy
Become a better trader with IG Academy. Take engaging step-by-step courses, attend expert-led seminars and webinars.