With broker Binary.com (now Deriv.com) there are up to 28 types of binary operations; however, the most used ones are the following:
Rise/Fall
Higher/Lower
Touch/No Touch
Ends Between/Ends Outside
Stays Between/Goes Outside
(Digits) Matches/Differs
(Digits) Even/Odd
(Digits) Over/Under
Reset Call/Reset Put
Only Ups/Only Downs
If you select "Higher", you win the payout if the exit spot is strictly higher than the entry spot.
If you select "Lower", 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 "Higher". Similarly, you win the payout if exit spot is lower than or equal to entry spot for "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 spot is strictly lower than the barrier.
If the exit spot is equal to the barrier, you don't win the payout.
If you select "Touches", you win the payout if the market touches the barrier at any time during the contract period.
If you select "Does Not Touch", you win the payout if the market never touches the barrier at any time during the contract period.
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.
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.
If you select "Matches", you will win the payout if the last digit of the last tick is the same as your prediction.
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 "Even", you will win the payout if the last digit of the last tick is an even number (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 (1, 3, 5, 7, or 9).
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.
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.
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.