Digital Option - Overview, How It Works, Features, Example
Digital Options allow you to predict the outcome from two possible results and earn a fixed payout if your prediction is correct. Following are the types of Digital Options supported on Deriv:
Rise/Fall
If you select "Rise", you win the Payout if the Exit spot is strictly higher than the Entry spot.
If you select "Fall", you win the Payout if the Exit spot is strictly lower than the Entry spot.
If you select "Allow equals", you win the Payout if Exit spot is higher than or equal to Entry spot for "Rise". Similarly, you win the Payout if Exit spot is lower than or equal to Entry spot for "Fall".
Predict if the market price will rise above or fall below the entry price at the end of the contract.
Ends Between
If you select "Ends Between", you win the Payout if the Exit spot is strictly higher than the Low Barrier AND strictly lower than the High Barrier.
If you select "Ends Outside", you win the Payout if the Exit spot is EITHER strictly higher than the High Barrier, OR strictly lower than the Low Barrier.
If the Exit spot is equal to either the Low Barrier or the High Barrier, you don’t win the Payout.
Choose a price range (upper and lower barriers) and predict if the market price will end between or end outside the range at the end of the contract.
Higher/Lower
If you select "Higher", you win the Payout if the Exit spot is strictly higher than the Barrier.
If you select "Lower", you win the Payout if the Exit spotis strictly lower than the Barrier.
If the Exit spot is equal to the Barrier, you don't win the Payout.
Choose a target price (Barrier) and predict if the market price will be higher or lower than the target at the end of the contract.
Stays Between
If you select "Stays Between", you win the Payout if the market stays between (does not touch) either the High Barrier or the Low Barrier at any time during the Contract period.
If you select "Goes Outside", you win the Payout if the market touches either the High Barrier or the Low Barrier at any time during the Contract period.
Choose a price range (upper and lower barriers) and predict if the market price will stay between or go outside the range during the contract period.
Lookbacks
Choose an amount you want to earn per point of movement. There are three types of lookbacks:
High-Close: The highest market price during the contract period minus the price at the contract end.
High-Low: The highest market price minus the lowest market price during the contract period.
Close-Low: The market price at the contract end minus the lowest market price during the contract period.
By purchasing the "High-Close" contract, you'll win the multiplier times the difference between the High and Close over the duration of the contract.
By purchasing the "High-Low" contract, you'll win the multiplier times the difference between the High and Low over the duration of the contract.
By purchasing the "Close-Low" contract, you'll win the multiplier times the difference between the Close and Low over the duration of the contract.
Touch/No Touch
If you select "Touch", you win the Payout if the market touches the Barrier at any time during the contract period.
If you select "No Touch", you win the Payout if the market never touches the Barrier at any time during the contract period.
Choose a target price (Barrier) and predict if the market price will touch or not touch the target during the contract period.
Only Ups/Only Downs
If you select "Only Ups", you win the Payout if consecutive ticks rise successively after the Entry spot. No payout if any tick falls or is equal to any of the previous ticks.
If you select "Only Downs", you win the Payout if consecutive ticks fall successively after the Entry spot. No payout if any tick rises or is equal to any of the previous ticks.
Predict if the market price will go only up or only down during the contract period.
Highest/Lowest Tick
If you select "High Tick", you win the Payout if the selected tick is the highest among the next five ticks.
If you select "Low Tick", you win the Payout if the selected tick is the lowest among the next five ticks.
Predict which of the next 5 ticks will see the highest or lowest market price.
Reset Call/Put
If you select "Reset-Call", you win the Payout if the Exit spot is strictly higher than either the Entry spot or the spot at Reset time.
If you select "Reset-Put", you win the Payout if the Exit spot is strictly lower than either the Entry spot or the spot at Reset time.
If the Exit spot is equal to the Barrier or the new Barrier (if a reset occurs), you don't win the Payout.
Predict if the market price will be higher (Call) or lower (Put) than the entry price or the reset price at the end of the contract. A 'reset' is triggered if the market moves against your prediction around the midpoint of the contract, setting the reset price to the market’s current level.
Asian Up/Down
If you select "Asian Up", you will win the Payout if the last tick is higher than the averageof the ticks.
If you select "Asian Down", you will win the Payout if the last tick is lower than the average of the ticks.
If the last tick is equal to the average of the ticks, you don't win the Payout.
Asian options settle by comparing the last tick with the average spot over the period.
Digit Matches/Differs
If you select "Differs", you will win the payout if the last digit of the last tick is not the same as your prediction.
If you select "Matches", you will win the payout if the last digit of the last tick is the same as your prediction.
Digit Even/Odd
If you select "Even", you will win the Payout if the last digit of the last tick is an even number (i.e., 2, 4, 6, 8, or 0).
If you select "Odd", you will win the Payout if the last digit of the last tick is an odd number (i.e., 1, 3, 5, 7, or 9).
Digit Over/Under
If you select "Over", you will win the Payout if the last digit of the last tick is greater than your prediction.
If you select "Under", you will win the Payout if the last digit of the last tick is less than your prediction.

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‼️Risk Disclaimer | ⚠️Disclaimer On‼️
Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please make sure that you understand the following risks before trading Deriv products:
a) you may lose some or all of the money you invest in the trade,
b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose.