Digital 100s

Trade on volatility, not just market direction, with our large range of digital 100s.

Available to trade on an international account only.

Who can trade digital 100s?

From 2 July 2018, regulatory interventions mean that certain products are unavailable to retail traders. As a result, we can only offer digital 100s to professional traders. To find out more about this, and to check whether you are eligible for a professional account, please see our professional account page.

What are digital 100s?

Digital 100s are based on a single statement with a yes or no answer, and enable you to speculate on the likelihood of a market event taking place. If you predict the outcome correctly, the trade will return a profit. If not, you’ll lose your original stake.

For example, a typical digital 100 statement might be ‘FTSE 100 to finish up’. You’re then presented with the option to buy the digital 100 if you think the FTSE will be up at the end of the trading day, and to sell if you think it won’t.

The price of a digital 100 ranges from 0 to 100. This price reflects our view on the probability that this event will occur, based on the behaviour of the underlying market and how long the digital 100 has until it expires. The more likely we think it is that the event will occur, the closer the price will be to 100.

If the digital 100 statement is true (in this case, if the FTSE finishes up), the price settles at 100. If it isn’t true (ie if the FTSE finishes down or doesn’t move), it settles at 0. Your profit or loss depends on the amount per point you’ve staked, and the difference between your opening price and the digital 100’s closing price.

How are IG digital 100s priced?

Our digital 100 prices are set by our dealing desk, set on three key factors:

  • The time to expiry
  • The current value of the underlying market
  • Our expectation of future volatility

Each of these factors impacts the chances that a given market event will occur. The higher we think these chances are, the closer the digital 100’s price will be to 100 – and vice versa. And if you think you’re a better judge of volatility than us, digital 100s are a great way to back your view.

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

The fast-moving nature of IG digital 100s provides the possibility of short-term gains, alongside any potential losses. Although digital 100s are limited risk, you should be aware that there is still the potential to make substantial losses as well as gains.

Range of markets

Indices

Market

Digital 100 type

Timescale

FTSE 100

Ladder, Up/Down, One touch, Target, Tunnel, Hi-Lo 5 min to weekly
Wall Street Ladder, Up/Down, One touch, Target, Tunnel, Hi-Lo 5 min to weekly
Germany 30 Ladder, Up/Down, One touch, Target 5 min to weekly
France 40 Ladder, Up/Down, One touch Daily
Italy 40 Ladder, Up/Down, One touch Daily
Spain 35 Ladder, Up/Down, One touch Daily
Sweden 30 Ladder, Up/Down, One touch Daily
Netherlands 25 Ladder, Up/Down, One touch Daily
US 500 Ladder, Up/Down, Target  Daily to weekly
US Tech 100 Ladder, Up/Down, Target  Daily
Singapore Blue-Chip Ladder, Up/Down Daily
Australia 200 Ladder, One touch, Tunnel 20 min to weekly
South Africa 40 Ladder Daily
Japan 225 Ladder, One touch, Tunnel Hourly to weekly
China H-Shares futures Ladder Daily
China 300 futures Ladder Daily
Hong Kong HS42 futures Ladder Daily
All Japan 225 Ladder Daily
Japan All-Share futures Ladder Daily
Taiwan All-Share futures Ladder Daily

 

Forex

Spot FX market

Digital 100 type

Timescale

EUR/USD Ladder, Up/Down, One touch 5 min to monthly
GBP/USD Ladder, Up/Down, One touch 5 min to monthly
USD/JPY Ladder, Up/Down, One touch 5 min to monthly
AUD/JPY Ladder, Up/Down, One touch 5 min to monthly
EUR/GBP Ladder, One touch Daily to monthly
EUR/JPY Ladder, One touch Daily to monthly
GBP/JPY Ladder, One touch Daily to monthly
USD/CAD Ladder, One touch Daily to monthly
AUD/USD Ladder, One touch Daily to monthly
USD/CHF Ladder, One touch Daily to monthly

 

Commodities

Market

Digital 100 type

Timescale

US Light Crude Oil Ladder, One touch Daily to weekly
Gold Ladder, One touch Daily to weekly
Silver Ladder Daily to weekly

 

Other

Market

Digital 100 type

Timescale

Politics: Next UK General Election n/a n/a
US Jobless Claims Ladder Weekly
US Non-farm Payrolls Ladder Monthly
Bitcoin Ladder Daily to weekly

 

Digital 100 types to suit you

Ladder

At expiry, will the market be higher or lower than your chosen levels?

Use a ladder when you think a market will move by a certain amount, but you aren’t sure in which direction.

Up/Down

Will the market be higher or lower at expiry?

Up/Downs are a type of ladder, but you decide whether the market will finish above or below a certain level.

One touch

Will the market hit a specific level before expiry?

One touches pay out if you’re right, even if the market price only stays there for seconds.

Target

At expiry, do you think the market will close within a specified range?

If you know both the direction and the level that a market will finish at, try target digital 100s.

Hi-Lo

Can you predict the range your market’s daily high or low will fall in?

Choose Hi-Lo digital 100 if you have an opinion on how volatile the market will be through the day.

Tunnel

Will the market remain between two chosen levels until expiry?

Use a tunnel to buy if you think markets will stay flat, sell if you expect them to hit one of the chosen levels.

FAQs

How are IG digital 100 priced?

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

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

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

Learn more about digital 100 trading

What special digital 100 can I trade?

We offer IG digital 100 on a number of major economic indicators, such as US non-farm payrolls and US initial jobless claims. You can also trade politics-based digital 100 around special events, such as the UK General Election.

Digital 100s are available on the international account.

Based on revenue excluding FX (published financial statements, February 2018).

South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.

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Contact us

24 hours a day from 10am Saturday to Friday night at midnight.

010 344 0053

You can also email helpdesk.za@ig.com

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.