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GlossaryProducts & contracts

Digits options

Broker-specific digital contracts settled using the last digit of a final recorded tick rather than ordinary market direction.

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Direct answer

Where this term appears

This term usually appears in a product selector, order ticket, contract specification, or settlement explanation. Read the full rule instead of inferring the contract from its marketing name.

Use the definition above together with the exact value, condition, timestamp, account, product, or payment context shown by the broker.

Do not confuse

How Digits options differs from related terms

Digits options is often researched beside Broker-created price and Digital option and Cash-settled binary option. The labels can appear in the same workflow, but they do not describe the same field or condition.

01
Broker-created price

A quote stream calculated or supplied by the broker rather than taken directly from a clearly identified external market source.

02
Digital option

A broker-specific fixed-payout label. Some platforms use digital options broadly; others reserve the term for strike-selectable contracts whose payout changes with the selected strike.

03
Cash-settled binary option

A successful contract settled with money rather than delivery of the referenced asset.

Practical use

Place the term inside the broker workflow where it matters

Digits options means broker-specific digital contracts settled using the last digit of a final recorded tick rather than ordinary market direction. A glossary definition becomes useful when it is connected to the exact contract, account, payment, market-data, platform, or legal step in which the broker uses it.

A neutral example

Record where the term appears, the value or state beside it, the rule that changes it, the account or product scope, the date observed, and the evidence retained after the task is complete.

01
Published meaning

Broker definition and applicable terms.

02
Observed state

Dated account, product, platform, or payment screen.

03
Consequence

What changes for settlement, access, cash movement, support, or risk.

In a broker review

How to use Digits options in a comparison

In a broker review, do not read Digits options in isolation. Match the broker's own definition to the relevant contract, account, pricing, payment, or platform screen and record the condition that changes its meaning.

Comparison context

Why it matters when comparing brokers

How to use this term

Product labels can look similar while using different settlement rules. Identify the exact condition, strike or barrier logic, observation period, expiry method, and stated payout before comparing one broker with another.

What it does not prove

A familiar product name does not prove that two brokers offer the same contract. Platforms can use different definitions, price references, expiry cutoffs, and tie rules.

Broker checklist

What to verify

Check these points on the broker's product screen, account flow, terms, or help pages.

01
Contract rule

Confirm the precise winning, losing, tie, and void conditions.

02
Price reference

Identify the quote source and price used at entry and settlement.

03
Time control

Check the observation window, expiry method, and order cutoff.

04
Displayed return

Compare the ordinary payout and any condition attached to a headline maximum.

Quick answers

Common questions

Short answers for users comparing binary options brokers and account conditions.

What is Digits options commonly compared with?

Digits options is commonly compared with Broker-created price. Broker-created price means: A quote stream calculated or supplied by the broker rather than taken directly from a clearly identified external market source.

Why does this term matter when comparing brokers?

Product labels can look similar while using different settlement rules. Identify the exact condition, strike or barrier logic, observation period, expiry method, and stated payout before comparing one broker with another.

What should I check when comparing this feature?

A familiar product name does not prove that two brokers offer the same contract. Platforms can use different definitions, price references, expiry cutoffs, and tie rules. Check the broker's definition, applicable terms, and account or product screen before relying on the label.