Best 10 Nasdaq 100 Forex broker 2025 - Plus500
Top 10 Nasdaq 100 Forex brokers 2025:
Plus500 - Best premium client support (personal manager, exclusive analysis, webinars)
Pepperstone - Best for scalping strategies (spread from 0 pips)
OANDA - Best for trading with advanced technical analysis tools (TradingView charts support)
FOREX.com - Diverse range of tradable assets (80+ currency pairs)
Interactive Brokers - Best broker for international investors (assets from 33 countries, 150+ markets)
IG Markets - Favorable Forex trading conditions (0 fees, avg. EUR/USD spread - 0.8)
The Nasdaq 100, a leading stock market index, tracks the performance of top U.S. tech giants like Apple and Microsoft. Traders can access this index through instruments like futures contracts, ETFs, and CFDs, offering ways to profit from price movements without directly owning the underlying assets.
For forex traders seeking exposure to the U.S technology sector companies, choosing the right broker is crucial. Traders Union has compiled a list of Nasdaq 100 brokers, prioritizing reliability, regulatory licensing, competitive trading commissions, and a diverse range of trading instruments.
Warning:
There is a high level of risk involved when trading leveraged products such as Forex/CFDs. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| Brokers | US Indices | Index ETFs | U.S Stocks | Demo account | Regulation | |
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FCA, CySEC, MAS, ASIC, FMA, FSA (Seychelles) |
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ASIC, FCA, DFSA, BaFin, CMA, SCB, CySec |
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FSC (BVI), ASIC, IIROC, FCA, CFTC, NFA |
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CIMA, FCA, FSA (Japan), NFA, IIROC, ASIC, CFTC |
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SEC, FINRA, SIPC, FCA, NSE, BSE, SEBI, SEHK, HKFE, IIROC, ASIC, CFTC, NFA |
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FCA, BaFin, ASIC, MAS, CySec, FINMA, BMA, CFTC, NFA |
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MISA |
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FINRA, SIPC, CFTC, NFA |
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FCA, Amtsgericht München, CSSF |
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SEC |
| 💻 Trading platform: | Mobile, Web, Desktop |
| 🔧 Trading instruments: | CFDs on stocks, Forex, cryptocurrencies, indices and commodities, real stocks, options, ETFs (not available for all countries), futures (for U.S. residents only) |
| 💱 Spread: | From 0.5 points |
| ⭐ Trading features: |
Broker fees included in the spread |
| 💰 Account currency: |
CAD, USD, EUR, GBP, CHF, AUD, SGD, JPY, PLN, HUF, TRY, SEK, CZK, NOK, ZAR |
👍 Pros
• Multi-regulation — licensed in 10 countries;
• Wide range of trading instruments — over 2800;
• Highly functional trading platforms — browser and mobile versions;
• Transparent pricing model — Spreads and Additional fees;
• Automatic adjustment of trading conditions to meet regulatory requirements;
• Provision of educational content, free analytics, and demo accounts;
• Customizable trading alerts — both on the platform and through external communication channels.
👎 Cons
• Lack of Micro or Cent-type accounts in its account lineup, which allow trading with minimal risks and investments;
• The Plus500 platform does not support automated trading;
• Some popular trader strategies are prohibited.
| 💻 Trading platform: | MT4, Mobile Trading, WebTrader, cTrader, MT5, TradingView |
| 🔧 Trading instruments: | CFDs on Forex, Index, Stocks, Currency Indices, Commodities, ETFs, Crypto |
| 💱 Spread: | From 0 points |
| ⭐ Trading features: |
Trading using advisors; Auto copying; Scalping; Hedging; Trading on the news are allowed. |
| 💰 Account currency: |
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD and HKD |
👍 Pros
• Attractive trading conditions;
• Fast order execution - 30 ms on average;
• 1,200+ trading instruments;
• Low fees; and
• No inactivity fee.
👎 Cons
• Support service works only 24/7;
• No cent account;
• Not available to US clients;
• Limited passive trading opportunities;
• Limited analytical materials available on the site. The only way to resolve this issue is to connect to trading signals;
• No news section; and
• Demo accounts can only trade for free for 60 days.
| 💻 Trading platform: | WebTrader, MetaTrader4, Mobile platforms, MetaTrader5 |
| 🔧 Trading instruments: | FX, Indices, Bullion, Commodities, Crypto |
| 💱 Spread: | From 0 points |
| ⭐ Trading features: |
Advisors; Availability of a demo account; A large number of training materials. |
| 💰 Account currency: |
USD, EUR, HKD, SGD |
👍 Pros
• Minimum deposit from 1 dollar.
• A large selection of the most popular trading instruments.
• Several reliable and reputable financial regulators.
👎 Cons
• Inconvenient and poorly functioning site.
• Lack of cent accounts.
• Lack of bonus programs.
| 💻 Trading platform: | FOREX.com, MT4, MT5 |
| 🔧 Trading instruments: | Forex, cryptocurrencies, indices, commodities, stocks |
| 💱 Spread: | From 0.2 points |
| ⭐ Trading features: |
There is a cryptocurrency trading |
| 💰 Account currency: |
USD, EUR, GBP |
👍 Pros
• average rate of order execution is 0.04 ms;
• reliability is controlled by several regulators so customer funds are kept on separate accounts from the company's assets;
• attractive trading conditions are tight spreads on over 90 assets, including currency pairs and metals, and over 4,500 markets, including FX, indices, commodities, stocks, and cryptocurrencies.
👎 Cons
• poor quality of site optimization, little specifics in the descriptions of services, tabs at the top of the page do not work. To find the information you have to use a tab called "Sitemap";
• it is difficult to contact the support service due to its high workload;
• large fixed commission for withdrawing funds;
• high initial deposit, it starts from $1,000;
• there are few options for depositing and withdrawing funds, the terms rarely correspond to those stated.
| 💻 Trading platform: | Trader Workstation, IBKR Mobile, APIs |
| 🔧 Trading instruments: | Stocks, options, futures, currency, metals, bonds, ETF, mutual funds, CFD, EPF, Robo-portfolios, hedge funds, forecast contracts (Product availability is dependent on IBKR affiliate and client country of residence) |
| 💱 Spread: | From 0 points |
| ⭐ Trading features: |
Options, trading, CFD, ETF, EPF |
| 💰 Account currency: |
IBKR Offers 100+ Currency Pairs On 26 Currencies USD, AED, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, KRW,1 MXN, MYR,1 NOK, NZD, PLN, SAR, SEK, SGD, TRY, TWD1 and ZAR. |
👍 Pros
• extensive and free educational resources through the IBKR Campus;
• access to160markets in 36 countries and territories;
• trading in stocks, options, futures, currencies, bonds, funds and more from a single unified platform.
👎 Cons
• Support service does not work on Saturday;
| 💻 Trading platform: | MetaTrader4, API, ProRealTime, IG Trading Platform |
| 🔧 Trading instruments: | Forex; CFDs on indices, commodities, and stocks; Cryptocurrencies, options, interest rates, sectors, bonds, knock-outs, ETFs, and Futures on indices and commodities |
| 💱 Spread: | From 0.4 points |
| ⭐ Trading features: |
Leverage depends on the instrument and the regulator; |
| 💰 Account currency: |
USD |
👍 Pros
• Regulated activities and participation in compensation funds;
• No minimum deposit requirements when opening an account with the international division;
• Leverage is available for trading currencies and CFDs;
• Wide range of trading assets and markets;
• Fee rebates for new and active existing clients with large trading volumes;
• Floating spreads from 0.6 pips for retail Forex traders;
• Bonuses for new clients and partnership programs for different client categories.
👎 Cons
• The broker can reject opening accounts to traders with low capital or insufficient knowledge of derivatives trading;
• Deposits and withdrawals can’t be made with e-wallets, electronic payment systems, or cryptocurrencies;
• Trading conditions differ for various countries, so you have to look for the broker’s website in your country.
Here are some tips on how to find a trustworthy broker for NASDAQ 100 investments:
This is the most important factor to consider when choosing a broker. A regulated broker is required to follow certain rules and standards, which helps to protect investors. You can check the broker's regulatory status on the website of your country's financial regulator.
The NASDAQ 100 is an index of 100 of the largest non-financial companies listed on the Nasdaq stock exchange. You can trade the NASDAQ 100 itself, or you can trade individual stocks in the index. You can also trade NASDAQ 100 futures and options as well as CFD contracts in some countries.
Many brokers offer demo accounts, which allow you to trade with fake money. This is a great way to try out a broker's platform and get a feel for their trading tools before you commit any real money.
Different brokers charge different commissions for trading. Make sure to compare commissions before you open an account.
Before you choose a broker, read reviews from other traders. This can help you get a sense of the broker's reputation and customer service.
| Instrument | Typical Leverage | Costs | Drawbacks | Benefits | Property Status |
|---|---|---|---|---|---|
CFDs |
High (up to 20:1) |
Variable spreads |
Risk of loss exceeding initial investment. Not allowed in the U.S. |
Potential for high profits with leverage, short-selling capability. Low entry from $50-$100. |
Not ownership of underlying asset |
Stocks |
None |
Market price + commissions |
Limited potential returns |
Potential for long-term capital appreciation, dividends |
Ownership of underlying asset |
Futures |
High (up to 20:1) |
Contract price + margin requirements |
Complex contracts with expiration dates, high risk of loss exceeding initial margin |
Potential for high profits with leverage, hedging capability |
No ownership of underlying asset, |
ETFs (Exchange Traded Funds) |
None |
Market price + expense ratio |
Limited potential returns compared to leveraged instruments |
Diversification across multiple Nasdaq 100 companies, lower risk than individual stocks |
Ownership of a basket of underlying assets |
Options |
Variable (depends on option type) |
Premium cost + commissions |
Complex strategies required, potential for complete loss of premium |
Potential for high profits with limited capital outlay, directional & volatility speculation |
No ownership of underlying asset, right but not obligation to buy/sell at certain price |
For short-term plays, I gravitate towards E-mini NASDAQ 100 Futures. Their rock-bottom commissions and exceptional liquidity make them a top choice in the US market. Unlike individual stocks, E-mini futures sidestep the Pattern Day Trading Rule, giving you more flexibility throughout the day.
However, for long-term investors, ETF funds that track the index are a solid option. They offer broad exposure to the Nasdaq 100, mirroring its composition and providing benefits like dividends and price tracking. Popular examples include the Invesco QQQ Trust (QQQ) and the ProShares UltraPro QQQ (TQQQ).
TradingView is a well-known trading platform that supports advanced charting tools. Traders Union has compiled a list of the top 3 brokers that offer trading directly from TradingView charts. This trading platform can help you expand your arsenal for analysis and decision-making in trading.
| Broker | TradingView support |
|---|---|
Account minimums for NASDAQ 100 trading vary based on the instrument: CFDs can start as low as $50 with fractional share trading, while E-mini futures require a higher initial deposit around $500 due to margin requirements.
ETFs offer low-cost entry points with minimal investment, while individual stocks depend on the broker and stock price, with fractional shares lowering the barrier. Remember, minimums might not include trading fees, so factor those into your plan.
NASDAQ 100 is a stock index that tracks the 100 most actively traded non-financial companies listed on the NASDAQ (National Association of Securities Dealers Automated Quotations) stock exchange. The stock exchange was founded in 1985 and excluded any financial businesses. The financial companies feature in the NASDAQ Financial-100 index.
NASDAQ 100 measures the changes in total shares of the listed companies. The index changes with each rise or fall in companies' share prices. However, such changes are felt at macro levels, making it perfect to notice large changes. You can also be interested in information about trading hours for Nasdaq100.
NASDAQ stock exchanges use the market capitalization of companies to calculate and weigh the Nas100. As a result, the financial index score gets pressure from larger-cap businesses.
The index value is calculated by multiplying the total index share weight value with the last closing price for each instrument. It is then divided by an index advisor.
Yes. You can trade NASDAQ 100 in Forex. It mostly works with CFDs, which have a high leverage value and small trade margins. However, you won’t own the share but earn by predicting the rise or fall of prices. Your speculating capabilities determine how much you make.
Picking the most suitable Forex broker is crucial to your success. You can’t blindly go with the first one you see. However, once you have chosen a broker, you must have the skills to make trading decisions to avoid losses. Here are some tips to help you trade NASDAQ 100 with Forex Brokers.
Monitor buys and sell signals using technical analysis
Monitor fundamental variables such as the central bank’s position, trade and currency wars, economic data release, and large companies
Weigh the risks versus the reward and make an appropriate decision
Record trades and review them later
Trade while energetic and sharp
Pick the best market hours, like the eastern time
You can trade the NASDAQ 100 index on MetaTrader 4 and 5 as CFD futures. The CFD futures allow you to predict and speculate on the prices of specific goods. As a trader, the NASDAQ 100 allows you to assess risk and wage on the rise or fall of prices in various sectors, such as agriculture, the dollar index, and government bonds.
The CFD instruments link to an asset, and you don’t own the futures contract as an investor. You earn by predicting the prices.
NASDAQ stock exchanges use the market capitalization of companies to calculate and weigh the Nas100. As a result, the financial index score gets pressure from larger-cap businesses.
The index value is calculated by multiplying the total index share weight value with the last closing price for each instrument.
NASDAQ - National Association of Securities Dealers Automatic Quotations
Trading NAS100 requires some level of analysis. The two main types of analysis include:
Technical analysis, which involves looking at data to look out for sell or buy signals
Fundamental analysis, which monitors external factors such as trade wars and central bank standings that affect the stock prices
Both the Nasdaq and the S&P 500 are popular indexes representing different segments of the stock market. The Nasdaq focuses more on technology and growth-oriented companies, while the S&P 500 is a broader index representing the overall market.
Investing in either depends on your risk tolerance, investment goals, and portfolio diversification strategy. The Nasdaq may offer higher growth potential but with increased volatility, while the S&P 500 provides a more balanced exposure to the overall market. Consider your investment horizon and risk tolerance before deciding.
Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.
Key aspects of the assessment include:
Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.
Find out more about the unique broker assessment methodology developed by Traders Union specialists.
FINMA is a government body in Switzerland overlooking financial markets including banks, insurance companies, stock exchange, cryptocurrencies, etc
Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.
Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.
Forex trading, short for foreign exchange trading, is the practice of buying and selling currencies in the global foreign exchange market with the aim of profiting from fluctuations in exchange rates. Traders speculate on whether one currency will rise or fall in value relative to another currency and make trading decisions accordingly. However, beware that trading carries risks, and you can lose your whole capital.
Day trading involves buying and selling financial assets within the same trading day, with the goal of profiting from short-term price fluctuations, and positions are typically not held overnight.
Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.
Also, Oleg became a member of the National Union of Journalists of Ukraine (membership card No. 4575, international certificate UKR4494).
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
