Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Help and Support

How do you trade digital 100s?

To trade digital 100s, as well as gain access to a range of unique features, you’ll need to qualify for an IG professional account.

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 guaranteed stop, you should be aware there is still the potential to make substantial losses as well as gains. 

Are you finding this article useful?

Positive FeedbackNegative Feedback

Related articles

What is a long put option?

What is a short call option and how to trade it?

What is a short put and how to trade it?