 Binarys allow traders to speculate with limited risk on whether an event will occur within or at the end of a set timeframe. The only possible outcomes are yes and no. If you think the event will occur, you buy the binary. If you think the event will not occur, you sell the binary. Binarys are always priced between 0 and 100, based on the likelihood of the event occurring. Generally, if the price is closer to 100, the event is more likely to occur, while if the price is closer to 0, it is less likely. If the event occurs, the binary settles at 100. If the event does not occur, it settles at 0. We offer a range of different binary types. Ladders, one touch, up-down, and range. With ladders, you decide whether the settlement price will be at or above a specified strike price at the end of the binary expiry. With the up-down binary time, you decide whether the settlement price will be at or above the previous period's close price at the end of the binary expiry. With one-touch binaries, you decide whether you think the settlement price will reach a specific strike price at any point before or at the end of the binary expiry. With range binaries, you decide whether the settlement price will be within a specified range at the end of the binary expiry.