Binary options trading

Make the most of short-term market movements with IG binaries

Create account   Or try a free demo account

Please remember, your capital is at risk

Why trade binaries with IG?

  • Potential for quick results
    Timescales range from hourly to monthly

  • More opportunities to trade 
    Take a position even in the flattest markets        

  • Full range of markets
    Major Singapore and international markets

  • Limit your risk 
    Know your potential profit and loss before you trade

  • Trade on the go
    Seamless access with our free apps

  • The trusted provider
    Benefit from our superior technology and service

How do binaries work?

A binary is generally based on a single question with a yes/no answer. For example:

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.

To place a trade:

1. Select your market and position
2. Choose a timeframe
3. Decide your stake and maximum risk

What are the risks?

The fast-moving nature of binaries 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.

Does this sound like you?

  • I want to know exactly how much I’m risking

    Binaries can offer a high return on unlikely scenarios – all while limiting your risk.    

  • I want exciting short-term opportunities

    Take advantage of short-term movements with hourly positions.

  • I want to tailor trades to suit my situation

    Choose from a vast array of binary types, markets and timeframes to fit your strategy.

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

Create account

Or test-drive our platform with a free demo account

You might be interested in...

  • Trade on the go

    Our free mobile apps lets you trade on all our markets on the move, safely and securely.

  • FX charting packages

    Use IG charts, plus advanced ProRealTime and Autochartist packages

  • MetaTrader 4

    Fully integrated MT4 functionality for fast, reliable currency trading

FAQs

How are IG binaries priced?

Our binary prices are based on the behaviour of an underlying market, but set by our dealing desk. Each binary is priced between 0 and 100, according to three factors: 

  • time to expiry
  • the underlying market’s current value
  • our expectation of future volatility

This means that if you think you’re a better judge of volatility than us, you have the opportunity to back your judgement.

What special binaries can I trade?

We offer IG binaries on a number of major economic indicators, such as US non-farm payrolls and US initial jobless claims. You can also trade politics-based binaries around special events, such as the elections.

 

 

1 The fast-moving nature of binaries 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.

Ladder

 

Binary ladder

Market "Bitcoin ($) to be above 375 at 8pm"
Price 15
Deal Buy $10 per point at 15
What happens next? The price of bitcoin steadily rises and is trading at 375.5 at 8pm. The condition of your binary has been met, the deal settles at 100.
Gross profit

Closing price (100) - opening price (15) = 85
Value per point = $10
85 x $10 = $850 gross profit

What if...

If the market had fallen below 375 at 8pm, your binary would close at 0.

 

Opening price (15) - closing price (0) = 15
Value per point = $10
15 x $10 = $150 gross loss

 

Sprint

 

Sprint market

Market You believe the bitcoin ($) price will fall over the next 20 minutes
Current price 385
Stake $100
What happens next? The price of bitcoin rises sharply and is trading above 385 when your deal closes.
Gross loss

You lose your stake, for a gross loss of $100

What if...

If the market had fallen below 385 after 20 minutes, your payout would be $175, for a gross profit of $75

Forex

 

Spot FX XBT/USD

  Spread bet DFB CFD
Scenario You believe the bitcoin price will fall against the dollar
Current price 35000 / 35400
Deal You sell $1 per point at 35000 

(This trade is equivalent to selling 100 bitcoins at $350)

You sell one contract at 35000

 

(This trade is equivalent to selling 100 bitcoins at $350)

What happens next? The market falls to 33600 / 34000 and
you decide to take your profits by buying at 34000
Gross profit

Opening price (35000) - closing price (34000) = 1000 points

1000 points x $1 per point = $1000 gross profit

Opening price (35000) - closing price (34000) = 1000 pips

1000 pips x $1 per pip = $1000 gross profit
What if...

If the market had rallied 500 points ($5),
you would incur a gross loss of $500
(500 x $1)

Contact us

Our office is open 5 days a week Monday to Friday from 9am to 6pm. Support line is available 24hrs a day Monday to Friday.

+65 6390 5118

Visit our storefront office at 9 Battery Road

You can also email us helpdesk@ig.com.sg