Trading Binaries
Forex Binary Options are ideal for the short-term trader who wants the potential for significant short-term gains with a strictly limited risk.
IG Markets’ Forex Binaries allow you to take a simple “Yes or No” view on whether an outcome will occur. For example, will the GBP/USD close up on the day?
If “Yes,” the Binary settles at 100
If “No,” the Binary settles at 0.
Therefore, your profit or loss is determined as the value of your contract multiplied by the difference between the opening price and the price at close, be it 0, 100 or somewhere in between if you close your position early.
High potential returns
Because Binary values can increase by several hundred percent in just a few minutes, there is great potential for high returns. Furthermore, because there are only two prices the Binary can settle at, your risk is strictly limited. With no commission to pay, the only related fee is that of the dealing spread.
With our real-time price quotes and charting software, you can follow every up and down swing throughout the day, and close your trade at any time you choose. If you have taken a position on GBP/USD closing down on the day, but fear a rally in the afternoon, you can close your trade early.
We offer Binary Options every trading day on a range of FX pairs, plus Gold and Silver. You can also trade our special Binary markets such as Ladders and OneTouches.
For more information, visit our Binaries page or take a look at our Binary Example.
An overview of all our Types of Forex Binaries is available, along with the complete Binary Contract Details.