We reveal the 6 Best Forex Brokers for the NASDAQ 100.
We tested and verified the best NAS 100 brokers offering trading conditions to South Africans.
In this in-depth guide you’ll learn:
- How to choose the best NASDAQ trading broker
- How to compare the best NASDAQ trading apps for ZAR trading pairs.
- Who are the best forex brokers on MT4 and MT5
- Which brokers offer Nas100 in ZAR and Micro accounts?
- How to sign up for a NAS trading account.
Best Forex Brokers for the NASDAQ 100.
| Broker | 📝 Regulation | 🚀 Open an Account | 📊 Avg. NAS100 Spread | 💰 Min. Deposit |
| 🥇 AvaTrade | ASIC, FSCA, FSA | 👉 Open Account | 1 over market | $100 USD / R1600 ZAR |
| 🏅 FP Markets | ASIC, CySEC, FSB | 👉 Open Account | Standard - 1.8 | $100 USD / R1600 ZAR |
| 🥉 HFM | FSCA, CySEC, FCA, DFSA, FSA, CMA | 👉 Open Account | 1.3 | $0 USD / R0 ZAR |
| 🥈 Exness | CySEC, FCA, FSA | 👉 Open Account | 1:30 major currencies | $10 USD / R160 ZAR |
| 🥈 Alpari | FSA | 👉 Open Account | Standard - 27 | $5 USD / R80 ZAR |
| 🥉 FXTM | CySEC, FSB, FCA | 👉 Open Account | Standard - 40 | $100 USD / R1600 ZAR |
NASDAQ 100 – a Breakdown
The NASDAQ 100 index comprises 100 of the largest non-financial organizations that are listed on the NASDAQ stock market.
The top ten companies that have held the highest weights in the index during recent years are Apple, Microsoft, Amazon, Google, Facebook, Gilead Sciences, Intel, Cisco & Comcast.
6 Best NASDAQ 100 Forex Brokers in South Africa (2025)
- ☑️AvaTrade – Best Overall Forex Broker in South Africa.
- ☑️FP Markets – SA’s fastest-growing forex trading broker.
- ☑️HFM – Top ZAR Trading Account for South Africans.
- ☑️Exness – #1 FSCA Regulated broker in South Africa.
- ☑️Alpari – Lightweight Trading App.
- ☑️FXTM – Excellent Technical Tools.
1. AvaTrade
Avatrade is one of South Africa’s most notable brokers with more than 45 000+ active traders in the country with a massive selection of trading pairs and offerings.
AvaTrade is based in Ireland and was founded in 2006 with the mission to empower people to trade with confidence.
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
AvaTrade is regulated by numerous authorities and bodies across the world, including the Central Bank of Ireland, and the B.V.I Financial Services Commission on the British Virgin Islands.
Features
| Company Information | |
| 📅Year Founded | 2006 |
| 🧑🏻💻Amount of staff | 614 |
| 👩💻Amount of active traders | 300,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | CBI, BVI FSC, ASIC, FSCA, ADGM, FRSA, ISA |
| 🌎Country of regulation | Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, European Union, Polish Branch. |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes, Up to €20,000 under CySEC Investor Compensation Fund (ICF) (for EU clients) | * Up to AUD$250,000 under ASIC Client Money Protection Scheme (CMPS) (for Australian clients) | |
| Account Types and Features | |
| ➕Accounts | Standard Account, Retail Islamic account, Professional account |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | AvaTrade offers copy trading (AvaSocial) but doesn't directly manage accounts. |
| 📇Minor account currencies | AUD, JPY, GBP, USD, EUR, CHF |
| 💰Minimum Deposit | $100 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | Free up to a certain amount |
| 📊Spreads from | 0.7 pips |
| 💸Commissions | No |
| 💱Number of base currencies supported | Over 50 |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | Up to 400:1 |
| 📏Margin requirements | 0.50% |
| ☪️Islamic account (swap-free) | Yes, available upon request |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically within milliseconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 1,250+ |
| 🗠CFD Stock Indices | Major global indices (e.g., US 30, FTSE 100, DAX 30) |
| ⚖️CFD Commodities | Precious metals (gold, silver), Energy (oil, gas), Agricultural (wheat, corn) |
| 📜CFD Shares | Thousands of shares from various global exchanges (US, Europe, Asia) |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/debit cards, bank transfers, electronic wallets. |
| 💵Withdrawal Options | Must be sent via the same payment method used for deposit |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4) * MetaTrader 5 (MT5) * AvaTrade WebTrader * AvaTrade Mobile App * AvaOptions (for options trading) * DupliTrade & ZuluTrade (for copy trading) |
| 👩💻OS Compatibility | Windows, macOS, Web, Mobile (Android, iOS) |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/7 |
| 📱Customer Support email address | Online email on website |
| 📞Customer Support Contact Number | +447520644093 |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | Over 14 languages, including English, Spanish, French, German, Italian, Arabic, Russian, Portuguese |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 70 000 |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | Yes |
| South African Trader Specific Information | |
| Does AvaTrade Accept South African Traders? | Yes, AvaTrade accepts South African traders. |
| Is AvaTrade regulated by the South African regulatory body (FSCA)? | Yes, AvaTrade is regulated by the South African regulatory body, the Financial Sector Conduct Authority (FSCA). |
| Does AvaTrade offer an Affiliate Program for South African Traders? | Yes, AvaTrade offers an Affiliate Program that is likely available to South African traders. |
| Does AvaTrade allow opening trading accounts in ZAR (South African Rand)? | Yes, AvaTrade allows opening trading accounts in ZAR (South African Rand). |
| 👉Open Account | Open Account |
- A range of automated trading platforms and EA compatibility
- Client funds are held in segregated accounts for increased security
- Desktop, tablet, mobile, and web-based trading with MetaTrader 4, MetaTrader 5, and AvaTradeGO
- Competitive spreads offering
- Trading websites in more than 20 languages
Pros and Cons
| ✅ Pros | ❌ Cons |
| Easy and fast account opening | Limited research tools |
| Great educational tools | Poor support telephonically |
| No withdrawal fee | Administration fee |
| Free deposit and withdrawal options | Inactivity fee |
| Low trading fees | Offers only CFD’s, Forex and Cryptocurrencies |
Our Findings
Traders can speculate on the price movements of top U.S. tech giants like Apple, Microsoft, and Tesla through CFDs with competitive spreads and leverage options.
2. FP Markets
FP Markets is an Australian broker that was established in 2005 and offers traders access to contract-for-difference (CFD) trading across forex, indices, commodities, stocks, and cryptocurrencies on consistently tighter spreads in supreme trading conditions.
Min Deposit
USD 100
Regulators
ASIC, CySEC, FSCA, CMA
Trading Platform
MT4, MT5, Iress Trader, cTrader
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Featured
| 🔎Broker | FP Markets |
| Company Information | |
| 📅Year Founded | 2005 |
| 🧑🏻💻Amount of staff | 274 |
| 👩💻Amount of active traders | Over 200,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | ASIC, CySEC, FSCA, FSA, FSC, CMA |
| 🌎Country of regulation | Australia, Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, Raw ECN, and VIP accounts available |
| 💳Institutional Accounts | Yes, tailored solutions for institutional clients |
| 👨💼Managed Accounts | Yes, offered through third-party managed account services |
| 📇Minor account currencies | USD, EUR, GBP, AUD, JPY, and others |
| 💰Minimum Deposit | $100 / R1806 |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | Deposits are typically processed instantly; withdrawals usually within 1-2 business days |
| 🪙Fund Withdrawal Fee | Generally no fees for withdrawals; may vary based on method |
| 📊Spreads from | Spreads start from 0.0 pips on Raw ECN accounts |
| 💸Commissions | From $3.5 per side per lot on Raw ECN accounts |
| 💱Number of base currencies supported | Over 10 base currencies including USD, EUR, GBP, AUD, JPY, and others |
| 🚀Swap Fees | Swap fees apply; may vary depending on the position and account type |
| 📈Leverage | Up to 1:500 depending on the account type and instrument |
| 📏Margin requirements | typically 0.2% - 1% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically 40-50 milliseconds on Raw ECN accounts |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 1,000 CFDs across various asset classes |
| 🗠CFD Stock Indices | Yes,Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more |
| ⚖️CFD Commodities | Yes, Includes commodities such as Gold, Silver, Oil, Natural Gas, and more |
| 📜CFD Shares | Yes, A wide range of global stocks from major markets including US, UK, EU, and Asia |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, and other e-wallets |
| 💵Withdrawal Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, and other e-wallets |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, cTrader, WebTrader and TradingView |
| 👩💻OS Compatibility | Windows, Mac (via emulation), Android, iOS |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes, available 24/7 |
| 📱Customer Support email address | [email protected] |
| 📞Customer Support Contact Number | +61 2 8252 6800 (Australia) or +44 20 8068 0760 (UK) |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | English, Chinese, Arabic, and other major languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Over 100,000 affiliates |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | Yes |
| South African Trader Specific Information | |
| Does FP Markets Accept South African Traders? | Yes |
| Is FP Markets regulated by the South African regulatory body (FSCA)? | Yes |
| Does FP Markets offer an Affiliate Program for South African Traders? | Yes |
| Does FP Markets allow opening trading accounts in ZAR (South African Rand)? | Yes |
| 👉Open Account | 👉Open Account |
- Leverage is 500:1 when trading currency.
- Offer Direct Markets Access (DMA)
- Demo Account for beginning traders
- 50 plus currency pairings to trade
Pros and Cons
| ✅ Pros | ❌ Cons |
| Easy and fast account opening | Limited product portfolio |
| Low trading fees | High CFD fees |
| Fast execution of trades | High minimum deposit |
| Low Forex fees | High fee for international bank withdrawal |
| Good platform options |
Our Findings
FP Markets offers NASDAQ 100 trading with competitive spreads, fast execution, and flexible leverage options.
3. HFM
HF Markets was founded in 2010 and has its headquarters in Cyprus.
Min Deposit
USD 0 / ZAR 0
Regulators
FSCA, DFSA, FSC, CMA. FCA
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
HF Markets is an award-winning forex and commodities broker that provides trading services and facilities to both retail and institutional clients.
Featured
- Innovative and feature-rich technology
- Great range of markets
- Offers Negative Balance Protection
- Additional Civil Liability Insurance
- Lots of premium MetaTrader tools offered
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast, easy, fully digital account opening | Only Forex and CFD products |
| Low minimum deposit | Two of their entities are unregulated |
| Commission free accounts available | Only 56 shares available |
| Low Forex fees | |
| Competitive spreads |
Our Findings
HFM offers traders access to the NASDAQ 100, one of the most popular indices representing the top 100 non-financial companies listed on the Nasdaq Stock Market.
4. Exness
The Exness Group was founded in 2008 in St. Petersburg, Russia, and offers access to more than 120 financial instruments to trade across which include Forex, Crypto, Stocks plus Indices.
Min Deposit
USD 10
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Platform
MT4, MT5, WebTerminal, Exness Terminal
Crypto
Yes
They have licenses from the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles.
Featured
| Company Information | |
| 📅Year Founded | 2008 |
| 🧑🏻💻Amount of staff | Over 2,100 |
| 👩💻Amount of active traders | Over 320,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 🌎Country of regulation | Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, Raw Spread, Standard Cent, Zero, Pro |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Yes |
| 📇Minor account currencies | EUR/USD & USD/JPY |
| 💰Minimum Deposit | $10 / R179 |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | Instant to 1 business day |
| 🪙Fund Withdrawal Fee | Free, but may vary based on payment method and account type |
| 📊Spreads from | 0.3 pips |
| 💸Commissions | Varies by account type, often commission-free |
| 💱Number of base currencies supported | +40 |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | Up to 1:2000 |
| 📏Margin requirements | 50% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically within milliseconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 200 |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
| 💵Withdrawal Options | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness Trade |
| 👩💻OS Compatibility | Windows, macOS, iOS, Android |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/7 |
| 📱Customer Support email address | [email protected] |
| 📞Customer Support Contact Number | +35725030959 |
| 👾Social media Platforms | Facebook, Twitter, |
| 🗣️Languages supported on Website | 15 Languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 64 000 |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes, sponsorship agreement with LALIGA, the top professional football division in Spain |
| 🪙Rebate program | Yes |
| South African Trader Specific Information | |
| Does Exness Accept South African Traders? | Yes |
| Is Exness regulated by the South African regulatory body (FSCA)? | Yes |
| Does Exness offer an Affiliate Program for South African Traders? | Yes |
| Does Exness allow opening trading accounts in ZAR (South African Rand)? | Yes |
| 👉Open Account | Open Account |
- Very cool user friendly and modern website
- Tight spreads from 0.1 pips
- No hidden commissions or fees
- Instant withdrawal of funds
- Client funds are kept in segregated accounts
- Tight spreads
- Copy-trading system
Pros and Cons
| ✅ Pros | ❌ Cons |
| Segregates client funds | Limited range of instruments |
| Established in 2008 | Not FCA Regulated |
Our Findings
Exness offers traders access to the NASDAQ 100, one of the most popular stock indices representing the top 100 non-financial companies listed on the Nasdaq Stock Market.
5. Alpari
Alpari was established in 1998, relaunched in 2014, and is based in and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius.
Alpari gives their traders access to more than 250 markets in Forex, Stocks, Indices, Metals, and Cryptocurrencies.
Min Deposit
USD 5
Regulators
FSC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
They offer both the MetaTrader 4 and MetaTrader 5 platforms on desktop, web, and mobile formats.
Both beginner and experienced traders will find a good fit with Alpari with demo accounts and educational resources, as well as boasting more than $1.3 trillion in trading turnover per year.
Featured
| 🔎 Broker | 🥇Alpari |
| Company Information | |
| 📅Year Founded | 1998 |
| 🧑🏻💻Amount of staff | Over 500 |
| 👩💻Amount of active traders | Over 1,000,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSC |
| 🌎Country of regulation | Mauritius |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, ECN, Pro |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Yes |
| 📇Minor account currencies | USD, EUR, GBP, JPY, AUD, CAD, CHF, SGD, NZD, RUB |
| 💰Minimum Deposit | $100 / R1806 |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | Fast and efficient |
| 🪙Fund Withdrawal Fee | No Fees |
| 📊Spreads from | 0.1 pips |
| 💸Commissions | Varies based on account type |
| 💱Number of base currencies supported | 10+ |
| 🚀Swap Fees | Applicable |
| 📈Leverage | Up to 1:500 |
| 📏Margin requirements | Vary based on instrument and account type |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Fast execution |
| 📆VPS Hosting | Available |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 200+ |
| 🗠CFD Stock Indices | 20+ |
| ⚖️CFD Commodities | 15+ |
| 📜CFD Shares | 100+ |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/debit cards, wire transfer, e-wallets |
| 💵Withdrawal Options | Credit/debit cards, wire transfer, e-wallets |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 👩💻OS Compatibility | Windows, Mac, Android, iOS |
| 🖥️Forex trading tools | Economic calendar, charting tools, news feed |
| Customer Support | |
| 🗣️Live chat availability | 24/5 |
| 📱Customer Support email address | [email protected] |
| 📞Customer Support Contact Number | +44 20 3137 5757 |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | English, Russian, Spanish, Arabic, Chinese, and more |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Articles, tutorials, guides |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Over 10,000 |
| 📋IB Program | Yes |
| 🪙Rebate program | Yes |
| 👉Open Account | Open Account |
- Maximum leverage as high as 1000 to 1
- Over 60 Forex currency pairs and crosses are available for trading
- Low min deposit
- The choice between ECN and market-maker execution models
Pros and Cons
| ✅ Pros | ❌ Cons |
| Demo Accounts and Social Trading | Limited educational resources |
| Great copy trading broker | Lack of resource tools |
| Diverse selection of tradeable assets | High fees |
| Good support in over 30 languages | Withdrawal fees |
| Low minimum deposit |
Our Findings
Alpari offers traders access to the NASDAQ 100, one of the most popular stock indices representing the top 100 non-financial companies listed on the Nasdaq Stock Market.
6. FXTM
FXTM is a licensed and well-regulated broker worldwide with an impressive list of awards.
FXTM was founded in 2012 with offices in major cities with all central operations directed from FXTM’s five-story tower located in Cyprus.
Min Deposit
USD 200
Regulators
FCA, FSC, FSCA
Trading Platform
MT4, MT5, FXTM Trader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FXTM offers tight spreads, trading in all currency pairs as well as a wide range of other financial products and derivatives.
Featured
| 🔎Broker | FXTM |
| Company Information | |
| 📅Year Founded | 2011 |
| 🧑🏻💻Amount of staff | 700+ |
| 👩💻Amount of active traders | Over 3 million |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FCA, FSCA, FSC |
| 🌎Country of regulation | UK, South Africa, Mauritius |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | ICF (Investor Compensation Fund) |
| Account Types and Features | |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Yes (PAMM accounts) |
| 📇Minor account currencies | USD, EUR, GBP, AUD, ZAR |
| 💰Minimum Deposit | $200 / R3709 |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-2 business days |
| 🪙Fund Withdrawal Fee | Varies by method |
| 📊Spreads from | 0.1 pips |
| 💸Commissions | From $4 per lot (on certain accounts) |
| 💱Number of base currencies supported | 7 |
| 🚀Swap Fees | Applicable |
| 📈Leverage | Up to 1:2000 |
| 📏Margin requirements | Varies based on leverage and asset |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | 0.01 seconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 250+ |
| 🗠CFD Stock Indices | 11 |
| ⚖️CFD Commodities | 6 |
| 📜CFD Shares | 120+ |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit cards, Bank transfers, e-wallets (Skrill, Neteller, etc.) |
| 💵Withdrawal Options | Credit/Debit cards, Bank transfers, e-wallets (Skrill, Neteller, etc.) |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MT4, MT5, FXTM Trader App |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS |
| 🖥️Forex trading tools | Trading signals, VPS, economic calendar |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | [email protected] |
| 📞Customer Support Contact Number | +44 203 734 1071 |
| 👾Social media Platforms | Facebook, Twitter, Instagram, YouTube |
| 🗣️Languages supported on Website | 15+ |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Articles, tutorials, videos, webinars |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 3,000+ |
| 📋IB Program | Yes |
| 🪙Rebate program | Yes |
| 👉Open Account | 👉 Open Account |
- Allows hedging
- Fast and easy account opening
- Low min deposit
- Great selection of educational tools
- Low stock index CFD fees
- Spreads as low as 0.1 pip for a standard account and 0 pips for ECN based trading accounts
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low minimum deposit | Inactivity and withdrawal fees |
| Fantastic customer service | High CFD fees |
| Fast and easy account opening | Limited product portfolio |
| Well regulated Broker | |
| Very competitive Forex fees |
Our Findings
FXTM offers traders access to the NASDAQ 100, one of the most popular stock indices, through CFD trading with competitive spreads and flexible leverage.
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Pros and Cons
| ✅ Pros | ❌ Cons |
| High Market Growth | High Risk |
| Easy to Buy | Tax Applied |
| Liquidity |
Conclusion
As with any other investment opportunity, there are clear benefits and drawbacks to investing in stocks.
Frequently Asked Questions
How do I choose the best Nasdaq100 forex broker in South Africa?
There are quite a few forex brokers in South Africa who offer Nasdaq100 trading and some of the factors that a trader should take into account when comparing Nasdaq100 brokers are: the broker’s regulation, Nas100 fees, trading platforms, available trading instruments, and more.
What time does NASDAQ open for trading in South Africa?
The NASDAQ stock exchange trades from 3:30 pm until 10:00 pm South African Standard Time.
Can I trade Nasdaq on MT4?
Yes, Nasdaq can be traded on the MetaTrader4 platform.
What does Nasdaq stand for?
National Association of Securities Dealers Automated Quotations.
Is it possible to invest in Nasdaq?
Yes, to invest in Nasdaq composite index you will have to buy shares of each of the companies that make up that index.
Where is Nasdaq located?
Nasdaq is located in New York City, United States.
What is the difference between the NASDAQ Composite and the NASDAQ 100?
The difference is that the NASDAQ Composite index covers stocks listed on the NASDAQ stock exchange while the NASDAQ 100 contains the top 100 non-financial companies according to their market capitalization.
Why is the NASDAQ 100 important to stock traders?
The NASDAQ 100 is made up of the largest and most actively traded companies that are publicly listed on the NASDAQ stock exchange.
