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152,000 clients worldwide
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Binary trading

Make the most of short-term market movements with our two types of binaries: IG binaries and sprint markets (fast binaries)

Please remember, your capital is at risk

Why trade binaries with IG?

  • Potential for quick results
    Timescales range from 60 seconds to monthly

  • Limit your risk 
    Know your potential profit and loss up front 

  • Wide range of markets
    Major European and international markets

  • IG binaries

    Trade on the likelihood of an event happening

  • Sprint markets

    Super-fast binary trades with initial costs from just A$40

Which binary type do you want to trade?

 

IG binaries

Trade on volatility

Sprint markets

Place quick, one-question trades

What timeframes do you want to trade?

Longer term - from 5 minutes to monthly Shorter term - from 1 minute to 1 hour
Do you want to be able to choose the binary type? Yes - choose up to 6 types No - just trade super-fast binaries
Do you want the ability to close out before expiry? Yes No
How do you want your trade to be priced?

Variable pricing based on underlying market, time to expiry, client sentiment and our expectation of future volatility

A low, fixed $40 minimum cost where you choose your own binary

How do binaries work?

A binary is a limited-risk contract, generally based on a single question with a simple yes/no answer.

Eg. Will the underlying market do X before the binary expires?

If you're right at the time of expiry, you win. If you're wrong, you lose.

 

Example

Open an account now

There's no minimum balance to open an account, it takes less than five minutes, and there's no obligation to fund or trade.

Create account

Or try our platform first with a free demo account

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* The fast-moving nature of binaries and sprints provides the possibility of short-term gains, alongside any potential losses. Although they are limited risk, you should be aware that there is still the potential to make substantial losses as well as gains.

Example binaries

AUSTRALIA 200 UP binary: Will the ASX 200 be above 5430 at the close of the session? The current prices are 70/75.

If you agree with the statement, you believe the ASX 200 will close above 5430 at the end of the session. The price you enter in at is 75 and you buy this binary.

Scenario 1) The ASX200 closes at 5435 (above 5430), the binary settles at 100 points (statement is correct) and you will receive the difference between 100 and 75. Thus you have profited 25 points.

Scenario 2) The ASX200 closes at 5425 (below 5430), the binary settles at 0 points (statement is incorrect) and you will pay the difference between 75 and 0. Thus you have lost 75 points.

If you disagree with the statement, you believe the ASX 200 will not close above 5430 at the end of the session. The price you enter in at is 70 and you sell this binary.

Scenario 1) The ASX200 closes at 5435 (above 5430), the binary settles at 100 points (statement is correct) and you will pay the difference between 100 and 70. Thus you have lost 30 points.

Scenario 2) The ASX200 closes at 5425 (below 5430), the binary settles at 0 points (statement is incorrect) and you will have gained the difference between 70 and 0. Thus you have profited 70 points.

Contact us

We're here 24hrs a day Monday to Friday.

1800 601 734

You can also call +61 (3) 9860 1799
email helpdesk.au@ig.com or tweet us at @IGClientHelp