The NASDAQ 100 is one of the world’s most prominent equity indices. It is a market capitalization-weighted index of the top worldwide companies listed on NASDAQ. It includes Google (Alphabet), Facebook, Amazon, Apple, Tesla, and others. US TECH 100 is another name for NAS 100.
Traders in South Africa can use CFDs to trade NAS 100 without having to hold the stocks.
In South Africa, many FX and CFD firms offer NAS 100 as a CFD product with various spreads and features. Traders in South Africa can bet on the US Tech 100 stock index by using CFDs on a range of trading instruments to go long or short.
Best South African brokers with nas100:
In South Africa, Tickmill is an FSCA-licensed forex broker. On their platform, NASDAQ is known as USTEC.
The minimum amount necessary to start a Tickmill account for NAS100 trading is $100. This instrument has a maximum leverage of 1:100 and a mean spread of 1.93, with a minimum spread of 0.8. The smallest contract size is 0.01 lots.
If you wish to trade with MetaTrader 4 or 5, Libertex is one of the best MT4 brokers in South Africa. For rapid trades, you can utilise the MT4 or 5 desktop, online, or mobile apps, or use Libertex’s own web and mobile trading platform.
Libertex is distinct in the way it collects trading fees. For CFD trading, this broker does not charge spreads and instead charges a flat commission. You’ll pay a commission of just 0.03 percent for the NASDAQ 100 index, which is a fraction of what most South African trading platforms charge in spreads for this index. Libertex allows customers to trade NAS100 CFDs as well as a large range of global indices, FX pairs, equities, and commodities.
- Ava trade:
If you’re looking for a trading platform with a low learning curve, AvaTrade is one of the finest brokers that trade NASDAQ. This broker’s bespoke web and mobile interface is incredibly simple to use, but it also includes dozens of technical studies for in-depth pricing analysis.
The fact that AvaTrade puts everything you need in one location is the secret to its user-friendliness. You may keep an eye on your watchlist while plotting technical indicators on the NASDAQ chart. You may also contact customer service via live chat and make orders without ever leaving your charts by using the trading platform’s live chat feature.
AvaTrade has low spreads starting at just 1 pip for NAS100 trading, making it very affordable. However, keep an eye out for the platform’s inactivity fee, which starts after only three months and is significantly higher than the industry average.
The Central Bank of Ireland and the Financial Sector Conduct Authority (FSCA) of South Africa both regulate AvaTrade.
FXCM is a CFD trading platform located in the United Kingdom that has a lot to offer South African traders. With leverage up to 200:1, this brokerage enables trading on dozens of worldwide indices, including the NASDAQ 100. Even better, NAS100 trading spreads start at just 1 pip.
FXCM stands out because it offers a trading platform for every type of trader. Trading Station, MetaTrader 4, NinjaTrader, ZuluTrade, TradingView, and Capitalise AI are all available with this brokerage. Almost all of these systems allow you to create bespoke trading signals and build up algorithmic trading for NAS100 CFDs. Capitalise AI, in particular, provides automation without the need for programming.
The NASDAQ 100 index is one of the most widely traded indexes on the planet. Top US tech businesses such as Apple, Amazon, Microsoft, and others are included in the index.
It is crucial to all aspects of any trader before starting trading so that any mishaps can be avoided in future.In South Africa, there are plenty of brokers who trade NASDAQ 100 CFDs. You can identify the finest NASDAQ brokers in South Africa by reading our assessments of the best South African brokers with Nas100.