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.