Skip to content

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Binaries definition

Binaries are a type of financial derivative, also referred to as binary options or binary bets.

Essentially, binaries are a simplified form of option that offer a yes/no outcome. If the trader makes the correct choice, they will make a defined profit. If they make the wrong choice, they will make no return at all and lose the amount paid to open the trade.

Because they only require a yes/no proposition and a time period, binary options can be traded on a huge variety of markets. That includes not only currencies, commodities, indices and stocks, but also special markets like political elections or economic announcements (such as non-farm payrolls). The length of a binary can also vary hugely, from short-term trades to events weeks into the future.

Learn more about binaries

Find out more about digital 100s with IG.

A - B - C - D - E - F - G - H - I - L - M - N - O - P - Q - R - S - T - U - V - W - Y

See all glossary trading terms

Help and support

Get answers about your account or our services.

Get answers

Call 010 500 8626

Or ask about opening an account on 010 500 8624 or newaccounts.za@ig.com.

We're here 24hrs a day from 9am Saturday to 11pm Friday.