Binary Betting

The key difference between binary betting and spread betting is that with binary betting, you know your maximum upside and downside from the beginning, which makes this type of betting similar to trading Digital Options and Binary Options.

This type of flexible fixed odds betting that Binary trading creates means that you can take a view on whether an event is going to occur or not. The outcome will only ever be that of the binary price settling at 100 (if the event occurs) or the binary price settling at 0 (if the event does not occur).

Depending on your view of the market, you can buy or sell a certain amount per point. Any position that you hold can be closed before a market expires to realise a profit or to cut any losses.

For Example:

If you were to bet on the Daily Wall Street Up market (i.e. you bet that Wall Street will be up on yesterday’s closing price at the close of day) and the price quoted was 62-66, if you bought £2 you would know that:

Your maximum profit would be (100-66) x £2 = £68

Your maximum loss would be 66 x £2 = £132

Profit and losses can be calculated as follows:

If you were to Buy - The closing price minus the opening price times by your stake

If you were to Sell - The opening price minus the closing price times by you stake

The price of the binary is determined by the likelihood of an event occurring and even in slow or quiet periods of trading, it is amplified by small movements in the underlying market.

Binary betting offers fast moving markets and high volatility combined with controlled risk, and short term positions.

With CityIndex, a number of different markets can be traded. Streaming prices are live on our new trading platform and bets can be made from 50p per point.

Markets Offered:

Please click here for information on Responsible gambling.

Please note that Binary Betting activity is not regulated by the Financial Services Authority. The normal protections afforded by the regulatory framework do not therefore apply. In respect of Fixed Odds Bets and Binary Bets, City Index Limited is licensed and regulated by the Gambling Commission.