We found 11 online brokers that are appropriate for Trading Nasdaq 100.

Best Nasdaq 100 Brokers Guide

We've collected thousands of datapoints and written a guide to help you find the best Nasdaq 100 Brokers Nasdaq Index CFD Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best nasdaq 100 brokers below. You can go straight to the broker list here.

NASDAQ 100 Explained

The NASDAQ stands for the National Association of Securities Dealers Automated Quotations.

The NASDAQ is the oldest electronic stock market in the world as well as being the largest stock exchange in the United States.

The NASDAQ 100 is among the world's preeminent growth indexes. The NASDAQ 100 comprises 100 of the largest companies.

Businesses are listed by the NASDAQ 100 index from non monetary industries such as technology, healthcare and retail.

The Nasdaq-100 is a premier growth indicator on the market providing the foundation for bench marking investment solutions.

That is Because 77 Billion Exchanged Traded Products (ETPs) were bench marked to the Nasdaq-100 making it among the largest Indexes in the entire world by volume.

Based on market capitalization, NASDAQ is the second-largest stock market in the world and is operated by NASDAQ Inc.

The NASDAQ does not have a burs floor location and uses an open market trading system and multiple dealer trading systems.

NASDAQ Financial Markets

In NASDAQ, many market participants are competing to handle transactions on each stock.

The NASDAQ-100 (NDX) is a stock market index consisting of the 100 largest non-financial companies listed on NASDAQ, such as health, technology, retail, and care.

Some of the leading companies in the NASDAQ index are Amazon, Google, Marriott, Viacom, Comcast, Cisco, eBay, Whole Foods, and Yahoo.

Companies on the NASDAQ 100 are weighted. Its called a market capitalization weighted index, cap weighted index or market value weighted index.

The NASDAQ 100 index is an American stock market index weighted according to the total market value of their shares.

As a NASDAQ 100 companies daily stock price changes so does its weighted index.

We list all NASDAQ 100 Companies including top performers like APPLE INC, Microsoft Corp and Amazon by their weighted index below.

There are 103 Companies listed because some companies with two share classes. For example, Google's parent company Alphabet has Class A (GOOGL) and Class C (GOOG) shares in the index.

To give you some idea of scale the Apple Inc stock has a market cap of $1.25 Trillion USD.

NASDAQ includes companies based outside the United States and is considered a modified weighted capitalization index. The effect of modification can result in reducing the influence of large companies and increasing diversification.

The NASDAQ-100 was first launched on January 31st, 1985.

The NASDAQ-100 was introduced as an alternative to the New York Stock Exchange (NYSE) index.

The NASDAQ Index is divided into two which are:

NASDAQ-100

This index consists of shares from Industry, Technology, Retail, Health, Biotechnology, Media & Services, Transportation, and Telecommunications.

NASDAQ Financial-100

The index consists of insurance companies, banks, mortgages, and brokers. NASDAQ formed those two types in the hope that they can be used as a benchmark index by their members and anticipate a healthy derivatives market to develop in their respective areas.

Composition of the NASDAQ 100 Index

The NASDAQ 100 is made up of companies of various non financial sectors including technology, consumer services and health care.

NASDAQ 100 Composition by Industry Sector

57% of the NASDAQ 100 is comprised of technology companies, the next largest industry sector is the consumer services at 21.99%. Health Care makes up 7.08 of the NASDAQ 100 and Consumer Goods companies make up 6.14% of the NASDAQ 100. Industrial companies make up 5.92% as of 2020.

Consumer Goods Consumer Services Health Care Industrials Technology Telecommunications Utilities NASDAQ 100 composition by Industry 6.14% 21.99% 7.08% 5.92% 57.21% 0.76% 0.90%

NASDAQ 100 Companies by Weight

Over the last 40 years the NASDAQ 100 has grown from the worlds lead technology index to a major indicator for financial analysts of economic trends and industry by industry innovation trends.

Company Symbol Weight 1 Apple Inc AAPL 12.263 2 Microsoft Corp MSFT 11.671 3 Amazon.com Inc AMZN 8.583 4 Facebook Inc FB 4.865 5 Alphabet Inc GOOG 4.587 6 Alphabet Inc GOOGL 4.040 7 Intel Corp INTC 2.814 8 Cisco Systems Inc CSCO 2.189 9 Comcast Corp CMCSA 2.155 10 PepsiCo Inc PEP 2.078 11 Adobe Inc ADBE 1.714 12 Netflix Inc NFLX 1.590 13 NVIDIA Corp NVDA 1.571 14 Amgen Inc AMGN 1.571 15 Costco Wholesale Corp COST 1.397 16 PayPal Holdings Inc PYPL 1.379 17 Broadcom Inc AVGO 1.368 18 Texas Instruments Inc TXN 1.297 19 QUALCOMM Inc QCOM 1.164 20 Starbucks Corp SBUX 1.141 21 Charter Communications Inc CHTR 1.137 22 Booking Holdings Inc BKNG 0.927 23 Gilead Sciences Inc GILD 0.912 24 Mondelez International Inc MDLZ 0.861 25 Fiserv Inc FISV 0.855 26 Automatic Data Processing Inc ADP 0.800 27 Tesla Inc TSLA 0.783 28 Intuit Inc INTU 0.749 29 Intuitive Surgical Inc ISRG 0.734 30 T-Mobile US Inc TMUS 0.713 31 Micron Technology Inc MU 0.655 32 CSX Corp CSX 0.629 33 Applied Materials Inc AMAT 0.615 34 Vertex Pharmaceuticals Inc VRTX 0.611 35 Biogen Inc BIIB 0.598 36 Walgreens Boots Alliance Inc WBA 0.568 37 Marriott International Inc/MD MAR 0.535 38 Illumina Inc ILMN 0.523 39 Advanced Micro Devices Inc AMD 0.516 40 Activision Blizzard Inc ATVI 0.490 41 Analog Devices Inc ADI 0.477 42 Exelon Corp EXC 0.476 43 Lam Research Corp LRCX 0.463 44 Ross Stores Inc ROST 0.453 45 Regeneron Pharmaceuticals Inc REGN 0.437 46 Autodesk Inc ADSK 0.433 47 Kraft Heinz Co/The KHC 0.424 48 Baidu Inc ADR BIDU 0.387 49 NXP Semiconductors NV NXPI 0.385 50 Cognizant Technology Solutions Corp CTSH 0.376 51 Monster Beverage Corp MNST 0.375 52 O'Reilly Automotive Inc ORLY 0.364 53 Xcel Energy Inc XEL 0.356 54 JD.com Inc ADR JD 0.352 55 Sirius XM Holdings Inc SIRI 0.351 56 Electronic Arts Inc EA 0.343 57 Paychex Inc PAYX 0.331 58 eBay Inc EBAY 0.327 59 MercadoLibre Inc MELI 0.317 60 Lululemon Athletica Inc LULU 0.305 61 KLA Corp KLAC 0.305 62 Cintas Corp CTAS 0.300 63 PACCAR Inc PCAR 0.299 64 Workday Inc WDAY 0.295 65 Willis Towers Watson PLC WLTW 0.286 66 Microchip Technology Inc MCHP 0.269 67 Xilinx Inc XLNX 0.266 68 Alexion Pharmaceuticals Inc ALXN 0.265 69 Verisk Analytics Inc VRSK 0.264 70 Cerner Corp CERN 0.251 71 United Airlines Holdings Inc UAL 0.247 72 VeriSign Inc VRSN 0.246 73 IDEXX Laboratories Inc IDXX 0.243 74 NetEase Inc ADR NTES 0.240 75 Dollar Tree Inc DLTR 0.240 76 Align Technology Inc ALGN 0.235 77 ASML Holding NV ASML 0.230 78 Fastenal Co FAST 0.229 79 Synopsys Inc SNPS 0.227 80 Skyworks Solutions Inc SWKS 0.220 81 Cadence Design Systems Inc CDNS 0.212 82 Incyte Corp INCY 0.209 83 Western Digital Corp WDC 0.195 84 Check Point Software Technologies Ltd CHKP 0.183 85 Trip.com Group Ltd ADR TCOM 0.181 86 Maxim Integrated Products Inc MXIM 0.180 87 NortonLifeLock Inc NLOK 0.170 88 BioMarin Pharmaceutical Inc BMRN 0.164 89 Expedia Group Inc EXPE 0.162 90 Wynn Resorts Ltd WYNN 0.160 91 Ulta Beauty Inc ULTA 0.159 92 NetApp Inc NTAP 0.159 93 Citrix Systems Inc CTXS 0.157 94 Take-Two Interactive Software Inc TTWO 0.151 95 Hasbro Inc HAS 0.141 96 American Airlines Group Inc AAL 0.139 97 Fox Corp FOXA 0.138 98 JB Hunt Transport Services Inc JBHT 0.134 99 Mylan NV MYL 0.110 100 Henry Schein Inc HSIC 0.107 101 Liberty Global PLC LBTYK 0.102 102 Fox Corp FOX 0.102 103 Liberty Global PLC LBTYA 0.044

What you need to know about NASDAQ 100

To be included in the index, companies must be specifically listed on NASDAQ, have an average daily trading volume of 200,000 shares, and make quarterly and annual reports.

Companies are issued and included based on their market capitalization value. Index checking is done once a year, so, adjustments must be made based on last year's stock price.

Follow the PMI (Pre-Market Indicator) because it can help you trade NASDAQ 100. PMI can predict the opening price based on the last sale price of pre-market trading and take into account overnight news. PMI can also help traders predict price movements.

Trading stocks on the NASDAQ 100 tends to be more volatile which causes the index movement to also be faster. The acceleration of this index is due to the NASDAQ 100 trade which is more inclined to the technology sector. Traders must remember this fact if they want to try their luck on the NASDAQ 100.

How to Trade the NASDAQ 100 Index

The NASDAQ 100 can be traded with ETFs and CFDs

The NASDAQ 100 price index typically provides traders with long trading hours, tight spreads and a high degree of liquidity due to the NASDAQ 100's popularity. Trading CFDs with the NASDAQ 100 will allow you to go short or long.

As the NASDAQ 100 is the worlds most traded index there is no shortage of financial analysis of the companies listed in the NASDAQ 100 index.

The NASDAQ 100 allows traders to have a great amount of liquidity. High volume of transactions on the NASDAQ 100 leads to tight spreads. This lowers the costs of buying and selling when trading.

NASDAQ 100 traders can follow the Nasdaq 100 live chart for the latest price movements in the NASDAQ 100 index. Go straight to the NASDAQ 100 trading broker list here

NASDAQ 100 Trading Hours

NASDAQ 100 index trading hours are from 9:30 to 16:00 (EST). Please note that the NASDAQ 100 index prices are also calculated outside or trading hours.

NASDAQ 100 ETF

The NASDAQ 100 index is usually traded on an exchange (ETF) and derivative instrument.

An ETF is a fund that has the same value as the index value because the ETF consists of shares in the index itself.

In addition to being traded on the exchange, ETFs can be purchased as individual shares.

This individual stock allows traders to follow the index with just one holding.

Also, derivative instruments are futures, options, and contracts for difference (CFD).

Apart from ETFs, this index is also traded through financial institutions such as brokers. This index can serve as a basic asset for various products.

NASDAQ 100 CFDs

Another way to be able to predict the movement of the index without owning shares is through Contracts For Difference or known as CFDs.

With CFDs, traders can speculate on the index value and traders can make the contract period by the predicted rise and fall of prices.

For example, traders who believe that price will rise and are stable will make long-term contracts. And vice versa, if they predict that prices will go down, they can make the contracts for the short term only.

In general, CFDs are products that have high leverage value. That means that traders can have large holds with relatively small margins (trade deposits).

You can quickly start trading CFDs with the Nasdaq 100 index with reputable online brokers such as XTB. Plus500 and Etoro.

CFD trading has matured and now there are many brokers offering regulated CFD trading platforms which are user friendly and safe.

Advantages of Trading the NASDAQ 100 Through CFD Trading

Traders can trade in the NASDAQ 100 indices with contract for difference (CFD) brokers. CFDs or contract for difference are based on margin and leverage. CFD transactions work on the price movement of the NASDAQ 100 index.

A low margin contract for difference means that less financial outlay is required for the investment.

Trading NASDAQ 100 indices through CFDs may increase your financial return because of the leverage but make sure you are aware it can do up and down. The leverage with contract for difference (CFD) trade may also increase the inflate the risk in the other direction.

Advantages trading the NASDAQ 100

Having access to one of the growth-oriented indexes in the market and without having to own shares in its basic companies.

Use leverage to maximize portfolio potential.

Traders are free to speculate about price movements in the market, both up and down.

Trading on an index can cut a company's portfolio costs.

Many brokers provide a platform to be able to trade there so that it attracts the interest of traders.

Popular brokers usually offer a user-friendly trading platform that is compatible with high-end handheld devices and computers.

NASDAQ 100 Verdict

The conclusion is of course, the NASDAQ-100 is one of the most comprehensive market indexes because it covers the movements of 100 top stock market movers.

The NASDAQ 100 is an index with good diversification in several sectors. The NASDAQ 100 often outperforms other indices.

Reputable Nasdaq 100 Brokers Checklist

There are a number of important factors to consider when picking an online Nasdaq 100 trading brokerage.

Check your Nasdaq 100 broker has a history of at least 2 years .

. Check your Nasdaq 100 broker has a reasonable sized customer support of at least 15 .

. Does the Nasdaq 100 broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.

from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes. Check your Nasdaq 100 broker has the ability to get deposits and withdrawals processed within 2 to 3 days . This is important when withdrawing funds.

. This is important when withdrawing funds. Does your Nasdaq 100 broker have an international presence in multiple countries . This includes local seminar presentations and training.

. This includes local seminar presentations and training. Make sure your Nasdaq 100 can hire people from various locations in the world who can better communicate in your local language.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Nasdaq 100 Brokers.

We compare these features to make it easier for you to make a more informed choice.

Minimum deposit to open an account.

Available funding methods for the below Nasdaq 100 Brokers.

What you are able to trade with each brokerage.

Trading Platforms offered by these brokers.

Spread type (if applicable) for each brokerage.

Customer support levels offered.

We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.

Top 15 Nasdaq 100 Brokers of 2020 compared

Here are the top Nasdaq 100 Brokers.

Compare Nasdaq 100 Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are nasdaq 100 brokers. Learn more about what they offer below.

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All Nasdaq 100 brokers in more detail

You can compare Nasdaq 100 Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Nasdaq 100 Brokers for 2020 article further below. You can see it now by clicking here

We have listed top Nasdaq 100 brokers below.