English
Knock-outs trading
Capped risk; unlimited profit potential. Trade global markets with knock-outs - whether you're bullish or bearish.
How do knock-outs work?
Knock-outs are a limited-risk product with an expiry. They move one-for-one with the underlying price1, and close automatically if your chosen knock-out level is hit. By choosing your knock-out level and your trade size, you can manage your maximum risk for each trade.
You can trade knock-outs whether you think the market will rise or fall – buying a bull knock-out means you think the market will rise, and a bear knock-out trade means you think it will fall. You can close your position at any time before expiry - unless the knock-out level is reached, in which case the position will be automatically closed.
Why trade knock-outs?
Higher leverage
Set your knock-out level and trade size to control your risk taken
Simple pricing
The knock-out price moves one-for-one with IG’s underlying price1
Lower risk
Your total margin is equal to your total risk
Knock-outs vs CBBCs
Compared with the traditional CBBC (CBBC), the bull-bear option provided by the IG CFD account has the following differences and advantages.
Knock-outs |
CBBC |
|
Trading hour |
24-hour trading (based on IG underlying market) |
Spot trading session (9:15am to 4:30pm, including market closure) |
Underlying markets |
Global indices, FX, Commodities, Global shares, Cryptocurrencies |
Hang Seng Index, Hong Kong shares, US indices |
Spread |
Hong Kong HS50 spread is as low as 5 points |
Usually around 10 points for Hang Seng Index |
Call price/knock-out level |
Set your own knock-out level. Hong Kong HS50 knock-out level as low as 20 pips from current market price |
Hang Seng Index strike price is usually around 700 pips from current market price and it is set by issuers |
Settlement |
T+0 |
T+2 |
Price sensitivity |
Delta 1 |
Dependent on the issuer |
1. After logging in, click on 'knock-outs' under the 'markets' tab
On iOS (iPhone, iPad)
2. Select the underlying market you'd like to trade
3. Choose between a 'bull' or 'bear' contract based on your directional bias
4. Click on 'trade bull' or 'trade bear' (depending on the chosen direction) to open the deal ticket
5. Indicate a knock-out level and position size of your trade
6. Input your preferred stop distance and limit distance (optional). Click on the 'place deal' button to open the trade
1. After logging in, under the 'markets' tab, click on the search icon on the top right-hand side of the screen
On Android
2. Click on knock-outs and select the asset class and then the underlying market you would like to trade
3. Select either the 'bull' or 'bear' market from two options, depending on your directional bias
4. Click on either the 'trade bull' or 'trade bear' button, or switch to the 'new deal' tab to open a ticket
5. Indicate a knock-out level and determine your position size
6. Input your preferred stop loss and/or limit distance (optional). Upon confirming all fields, click on the 'place deal' button
Set up your knock-outs on mobile
How much do knock-outs cost?
The opening price of a knock-out is the difference between IG’s underlying price at which you open your position and the knock-out level you select. A small knock-out premium is included in our spread, which means you’ll receive it back if you close the trade without being knocked out.
Get full product details on the cost of knock-outs, including spreads and funding charges, by following the link below.
On which markets can I trade knock-outs?
IG offers this product across a range of popular markets, available 24 hours a day, including:
Major forex pairs
Global stock indices
Commodities
Shares
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
You might be interested in…
Learn more about leveraged trading and how we can help you to manage your risk
Discover our transparent fee structure – including spreads, commissions and margins
Get some tips on how to get started trading CFDs
1 This is not the case when the knock-out premium changes. If the knock-out premium changes, the price of the knock-out will move by the amount the premium changes.
Contact us
New clients: +44 (20) 7633 5431
Malayasia Toll Free: 1800 889625
Clients: Help & Support
WhatsApp: Click here to chat to us on our official WhatsApp channel, 10am to 7pm (UTC+10), Monday to Friday
Follow us online
