Investing in US companies outside of the financial sector can be done through the Nasdaq 100 index. Investors and traders benefit from low spreads and high returns due to the high volume of trading activity on the Nasdaq 100. This study looks into the popularity of the US Tech 100 index and identifies the best NASDAQ brokers on the Nasdaq 100.
Nasdaq 100 Leading Brokers List for 2022
Investors now have access to a plethora of online trading platforms that make it possible to buy and sell securities without ever leaving their homes.
Finding a broker who can cater to your specific trading needs can be challenging, which is why we have compiled a list of the top ten best brokers for the Nasdaq 100. Check out the trading and other fees, as well as other key investment metrics, across the various platforms.
As a starting point, we’ve compiled a list of the best online brokers for trading the Nasdaq 100 in 2022 to help you cut through the clutter. When it comes to trading and investing in the Nasdaq 100, you can count on us to assist you.
If you want to trade the Nasdaq 100 Index, eToro is the best platform to use.
It is widely agreed that eToro is the best online trading platform, so much so that it is home to over 20 million investors. Its popularity stems, in part, from the variety of assets it allows traders to trade without paying a commission on, from stocks and ETFs to CFDs and even Bitcoin.
The social trading features offered by eToro, such as Copy Trading, are also very appealing. Simply put, copy trading entails imitating the trades of more seasoned traders on a particular platform. By doing so, your investment portfolio will mimic the buy and sell orders of the selected expert trader in an automated fashion. There are no hidden fees for using this feature, but a $200 initial deposit is essential.
- eToro
eToro is a great online trading platform for beginners. To help you get comfortable with online trading, eToro’s demo account has a $100,000 paper fund balance in addition to a straightforward interface and helpful tutorials.
For the most part, opening an account is a simple process that takes no more than a few minutes. You can fund your eToro account with a bank transfer, an e-wallet service like Skrill or PayPal, or a major credit or debit card. To cap it all off, eToro is regulated by authoritative bodies such as the ASIC, FCA, and CySEC.
Pros:
- Professionally designed and intuitive web-based trading platform and mobile app
- Wide selection of tradable assets, competitive spreads, and zero commissions
- Stocks, ETFs, cryptocurrencies like Ethereum and Litecoin, index CFDs, forex, and more are all available for trading.
- supports features for copy trading and social trading
- Creating a new account is a quick and painless process.
- Numerous payment options are available.
Cons:
- The ability to alter the charts is extremely limited.
- Capital.com
Capital.com has the lowest trading fees of any online trading platform, making it the best option for buying and selling indexes.
Capital.com is the most prominent CFD broker in the UK. On this exchange, you can trade a wide variety of assets. Approximately 3,000 stock CFDs and 87 ETF CFDs are available to traders. The same procedures apply to trading in forex, indices, commodities, and cryptocurrencies. Leverage can be used in trades, and both selling and buying options are on the table.
One of the site’s main draws is the fact that trading on Capital.com doesn’t cost you anything. Our clients also take advantage of industry-leading low spreads. For example, a 0.15-point spread is available for trading Apple common stock.
Major financial authorities such as the FCA in the UK and the Cyprus Securities and Exchange Commission oversee Capital.com (CySEC). This CFD broker offers negative balance protection, so your losses will never exceed your initial deposit.
Pros:
- Our trading fees and spreads are among the lowest in the industry.
- Hundreds of stock CFDs and other assets to trade
- We’re very proud of the fact that our custom mobile trading app is both user-friendly and powerful in terms of its search features.
- All-around low trading and other costs.
- For those just getting their feet wet in the trading world, there are a number of resources available to help them hone their skills, including demo trading accounts, webinars, and instructional videos.
- Safeguards against incurring a negative balance Authorized and supervised by the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission.
Cons:
- Not yet available on public markets.
- In the web-based trading platform, alerts and push notifications are not available.
When it comes to index trading, Libertex is the best platform because it does not charge any spreads.
- Libertex
Libertex is a CFD broker that has been around since 1997 and gives its clients access to over 200 different assets. Libertex is the best broker to use if you want to trade stocks, cryptocurrencies, commodities, ETFs, or indices. Furthermore, Libertex stands out among CFD brokers because it gives its customers access to trades with a tight spread.
Therefore, the total order value is reduced by a small commission. Libertex, which is headquartered in Cyprus and subject to regulation by the Cyprus Securities and Exchange Commission, says it serves 2.9 million traders from around the world. Libertex provides its traders with a choice of trading platforms.
With its specialised web and mobile trading platforms, traders have instantaneous, spread-free access to over 200 assets. On the other hand, if you prefer to trade using the MetaTrader 4 platform, you’ll be happy to know that this CFD broker supports MT4 as well.
Look no further than Libertex and its free demo account and trading course if you are a beginner in the world of online trading and are in search of a reputable Nasdaq 100 broker with a wealth of educational resources.
- AvaTrade
According to our research, AvaTrade has the lowest CFD fees of any CFD broker, making it our number four choice.
AvaTrade is a global CFD and forex trading platform regulated by authorities such as the Australian Securities and Investments Commission (ASIC), the Central Bank of Ireland, and the Financial Futures Association of Japan.
Because of its unparalleled low spreads, AvaTrade is a great CFD broker for day traders who are interested in trading CFD instruments. Currency pairs typically trade with a spread of less than 1 pip, for instance.
AvaTrade offers competitive spreads for trading CFDs and does not charge a commission. Thousands of financial instruments on hundreds of markets are available through AvaTrade. Not only can you trade foreign currency and CFDs, but also bonds, indices, cryptocurrency, and futures. Thus, AvaTrade provides protection in any B2B email marketing you care to name.
- IG
When it comes to Contracts for Difference (CFDs) on indices, IG is the best trading platform out there.
IG has been around since 1974, making it one of the oldest CFD brokers around. When it comes to financial regulations, IG must follow the rules set forth by the LSE, as well as those of the FCA and BaFin, two of the most prestigious financial authorities in the world.
As the world’s leading CFD trading platform, it boasts an unprecedented number of trading options, including over 10,000 stock CFDs and 1,900 ETF CFDs. Moreover, CFDs aren’t the only financial instrument IG offers as a trading option. You can trade on numerous markets including the foreign exchange, cryptocurrency, commodities, indices, and options.
If you’ve found this page, you’re probably interested in trading and investing in the stocks that make up the Nasdaq 100 index and are looking for a reputable broker. Put another way, you can count on IG and not be disappointed. The Nasdaq 100 is one of many widely followed indices that can be purchased for as little as one point.
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- TD Ameritrade
Since its inception in 1975, TD Ameritrade has grown to become one of the leading trading platforms in the United States. TD Ameritrade is subject to oversight from several different organisations, including the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Financial Industry Regulatory Authority. There is also a Nasdaq ticker symbol for it (AMTD).
In addition to low non-trading fees, TD Ameritrade offers sophisticated research and charting tools. Trading stocks and options online from home can be done for as little as $0.65 in commission per contract. Futures contract and other complex asset traders can take advantage of Thinkorswim, TD Ameritrade’s proprietary desktop trading platform.
- Plus500, The Industry’s Leading Discount CFD Broker
Plus500 is an industry leader and a top CFD index provider. Plus500 is a trustworthy CFD and index trading platform due to its regulation by the FCA, CySEC, ASIC, ISA, and FSB (FSA). Plus500 is one of the few CFD brokers that offers negative balance protection to European Union clients.
When compared to Plus500’s main competitors, its trading and non-trading fees are about par. However, with this index broker, you can get started with just $100, and there are no withdrawal fees. Plus500 traders have access to nearly 2,000 stock CFDs, 26 stock index CFDs, and 95 exchange-traded fund (ETF) CFDs. Learning the ropes of online trading can be intimidating, but there are plenty of resources available to help you get started, such as a risk-free demo account and video tutorials.