Leading the way, IG Markets invented binary trading and continues to offer more of these markets than any other provider.
We offer binaries on stock indices, forex, commodities and a range of exotics, including the ability to trade the monthly RBA interest rate decision.
Global Indices
Australia 200, Wall Street, US Tech 100, US SPX500, FTSE 100, Germany 30, Italy 40, Japan 225, Japan All-Share, Hong Kong HS42, Korea 200, Taiwan All-Share, China H-Shares, Singapore Blue Chip, India 50 and more
Indices binary trades are offered against the official closing level of the underlying index/future relative to the previous day's close. We also offer a range of timescales, including 5-minute, 20-minute, hourly, intraday and weekly binary trades on a number of global indices.
Spot Forex
AUD/USD, EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP
Binary trades are offered against the 8pm London time spot rate of the forex pair concerned. For example, a ’AUS/USD to be above 8950' trade is based on whether the AUS/USD will be higher than 8950 at 8pm London time.
Commodities
Gold, Silver, US Light Crude Oil
Commodity binary trades are offered against the official daily settlement level of the relevant futures contract for the nearest liquid month. For example, 'June Gold to be above 1256' is based on whether the June Gold contract will finish above the specified level on the last trading day. Crude Oil binary trades are offered on hourly changes in the relevant futures contract.
Other - Exotics
IG Markets also offers a number of special binary trades on selected markets every trading day. A recent innovation includes a market based on the monthly RBA cash interest rate decision. It allows traders to back their view on what the RBA may do next. For example, if you believe the RBA will raise rates by 0.25% in June, you can buy contracts in this binary market.
Extreme short-term trades Five and twenty-minute periods on the Wall Street, FTSE and Germany 30. For example, will the FTSE index rise in the next five minutes? The ultimate high-volatility trade!
Please note that due to the fast-moving nature of binary trade prices, these products are only available through our online dealing platform, PureDeal.