Are you looking to invest in the NAS100 index? Finding the right broker is crucial to your trading success. In this guide, we’ll explore a list of brokers that offer NAS100 trading, helping you make an informed decision for your trading journey.
Why NAS100?
The NAS100 index, also known as the NASDAQ-100, represents the performance of the top 100 non-financial companies listed on the NASDAQ stock exchange. It’s a popular choice among traders due to its strong correlation with the technology sector and its potential for substantial returns.
Top Brokers Offering NAS100
When selecting a broker for NAS100 trading, consider factors like fees, trading platform, customer support, and regulatory compliance. Here’s a list of renowned brokers that provide NAS100 trading opportunities:
Following is a handpicked list of Top Nas100 Brokers with their popular features and website links.
1- IC Markets
IC Markets is a brokerage company established in 2007 in Sydney, Australia. IC Markets group of companies provides access to financial markets across the world. The group has offices located in different regions enabling IC Markets to work with traders from practically any jurisdiction legally and in compliance with the local law. The companies of the group hold the following licenses: Raw Trading Ltd. is licensed by the SFSA, Seychelles, International Capital Markets Pty Ltd by the ASIC, Australia, and IC Markets (EU) Ltd by the CySEC, Cyprus. IC Markets is also a member of the Financial Commission, an independent organization that deals with disputes and has an insurance fund with up to EUR 20,000 coverage per each trader.
Account currency:USD, AUD, GBP, CHF, JPY, NZD, SGD, CAD, HKD, EUR🚀 Minimum deposit: $200 Leverage:From 1:1 to 1:500 Spread: from 0.6 pips for the Standard account, from 0.0 pips for cTrader and Raw Spread accountsInstruments:60+ currency pairs, CFDs on futures, indices, commodities, metals, 2,100+ stocks, bonds, cryptocurrencies. A total of 2,100+ instrumentsMargin Call / Stop Out:100% / 50%👍 Advantages of trading with IC Markets:- favorable trading conditions;
- a large choice of working instruments – 2,100+ trading assets;
- low spreads – from 0 pips;
- high speed of order execution;
- availability of many analytical training materials;
- ability to trade from a mobile device;
- the use of trading advisers is allowed;
- there are additional useful resources: spread monitoring, risk depth, risk calculator and others;
- ability to engage in scalping and hedging;
- availability of Islamic accounts;
- high-quality customer service.
đź‘Ž Disadvantages of IC Markets:- no additional bonuses and contests for traders;
- some delays in payments for a couple of days;
- no weekend trading.
Overall
IC Markets Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner traders.Check Out IC Markets
2-HugosWay
HugosWay (also Hugo’s Way and Hugosway) was founded in 2017. Despite its relatively young age, the company has firmly established itself among the classic brokers working on Forex with traditional trading instruments. HugosWay aims to cooperate with clients from Europe and Asia. Registration is in Saint Vincent and the Grenadines.
Account currency:USDMinimum deposit:From USD 10 Leverage:up to 1:500Spread:From 1.7 pips for all instruments except commodity assets Instruments:Currencies, assets of stock and commodity markets, cryptocurrenciesđź’ą Margin Call / Stop Out:100%/70%đź‘Ť Advantages of trading with Hugo’s Way:- Low initial deposit – from $10.
- Сryptocurrencies are among the arsenal of trading tools.
- There is a demo account.
👎 Disadvantages of Hugo’s Way:- Offshore registration and lack of information on liquidity providers.
- Only 4 options for depositing / withdrawing money.
- Average spread that may widen at times of abnormal volatility.
- Lack of unique tools and offers that give an edge over competitors.
Overall
HugosWay is an ECN and STP (straight-through processing) broker offering traditional trading services for all types of assets. A low minimum deposit opens up opportunities for novice traders to get acquainted with Forex.Check Out HugosWay
3-Hankotrade
Hankotrade is an online trading broker that provides you with a very diverse range of trading instruments and services. You can trade forex, cryptos, stocks and commodities on user-friendly trading platforms with tight spreads from just 0.0 pips, commission free accounts, rapid trade execution speeds and high leverage up to 1:500. The brokers minimum deposit required is just $10 whilst they also offer free demo accounts and cryptocurrency funding options. They also support Muslim traders with the Islamic swap-free account option. This is all backed by an excellent customer support team who are available to assist you around the clock.
Overview:
Min. Deposit: $10Regulated: N/A- Headquarters:Seychelles
- Founded:2019
- Type:NDD
- Leverage:1:500
- Spread:Variable
- Commission:From $0
- Platforms:MetaTrader 4, MetaTrader 5
- Instruments:Forex, Indices, Commodities, Crypto
Pros:- Good selection of trading instruments
- Easy to use MetaTrader 4/5 platforms
- Tight spreads from just 0.0 pips
- Very low trading fees overall
- Commission free trading accounts
- Rapid ECN/STP execution
- Good choice of account types
- Cryptocurrency account funding
- A range of useful trading tools
- Islamic (swap-free) accounts
- Free demo accounts
- Friendly customer support team
Cons:- Not regulated
- Limited educational materials
- Crypto funding only
Factors to Consider
When evaluating brokers, keep these factors in mind:
- Leverage: Check the leverage options offered for NAS100 trading.
- Deposit and Withdrawal: Ensure smooth deposit and withdrawal processes.
- Educational Resources: Look for brokers that provide educational materials for traders.
- Demo Accounts: Consider brokers offering demo accounts to practice trading strategies.
- Mobile Trading: Check if the broker offers a mobile trading app for trading on the go.
Making Your Decision
Selecting the right broker for NAS100 trading is a crucial step. Evaluate each broker based on your trading preferences and requirements. Consider starting with a demo account to test the trading conditions before committing.
Remember, your trading success depends on a combination of your skills, market knowledge, and the broker you choose. Conduct thorough research, compare options, and read user reviews to make an informed decision.
Conclusion
In conclusion, NAS100 trading offers lucrative opportunities for traders, and choosing the right broker is essential for a successful trading journey. Consider factors like fees, trading platforms, and customer support when making your decision. By selecting a reputable broker, you’ll be on your way to navigating the exciting world of NAS100 trading with confidence.
So, whether you’re an experienced trader or just starting, take the time to research and select a broker that aligns with your goals. Happy trading!