Are you looking for the American stock market? Then Nasdaq is the best.
Nasdaq is also called the NAS100. It uses CFDs for trading on foreign exchanges. Many brokers are working with Nasdaq. Here are some of the best brokers who are working with Nasdaq.
AvaTrade
Avatrade is the top broker for Nasdaq. It works in different countries, i.e., Ireland, Japan, Australia, Paris, Madrid, Beijing, and South Africa.
It offers 60 pairs of currencies and offers 250 or more instruments to trade. Besides this, different shares, cryptocurrencies, and ETFs offer a secure platform in Australia, South Africa, Europe, and Japan.
Features
- It is compatible with EA and offers different trading platforms.
- It provides full security to its clients for funding.
- It supports both MT4 and MT5.
- High spreads are available.
- It works with 20 different languages.
Pros
- It is easy to open an account.
- It provides tools to educate its traders.
- There is no withdrawal fee.
- Trading fees are very low.
Cons
- There are No research tools.
- Other fees like the inactivity fee and admin fee are involved.
HotForex
It was established in 2010 and is now successfully running in South Africa, Dubai, and the Grenadines. This best broker won a reward for the best business and was included in the top 100 companies.
It offers commission-free trading and works with 150+ instruments for trading. It also offers shares, bonds, cryptocurrencies, and six accounts with CFDs.
Features
- It provides great features.
- There are many markets in HotForex.
- It supports both MT4 and MT5.
- There is protection against negative balance.
Pros
- It is easy to open an account with a
- very low deposit fee.
- Provide wide spreads
- Some accounts are commission-free
Cons.
- It offers CFD and Forex products.
- Not fully regulated.
- Offer low-priced shares
- Fast, easy, fully digital account opening.
GlobeX360:
Does Globex have Nas100? Yes, it is working successfully with Nasdaq. It was established in 2017. Its main headquarters are in Africa. Within four years, it has become the top choice of users. It is a global presence globally, providing quality services and technical support to its clients. It is successfully working in Australia, South Africa, and Nigeria. It offers more than 250 trading instruments. It is regulated by FSCA, which is the foreign regulator in South Africa. Users can create accounts with six different types of accounts.
Pros
- It offers more than 250 instruments.
- We offer six different types of accounts.
- It is regulated by FSCA.
- This trading platform complies with POCA 2002 and FMLA 2002.
Cons
- It does not offer the MT4 trading platform.
- It is not working in big countries, i.e., Canada, Belgium, and the US.
- The speed of transaction withdrawal is very slow.
- It does not offer negative balance protection.
Final verdict:
There are a large number of brokers who are affiliated with Nasdaq. However, these are the most reliable brokers. Because Nasdaq is a publicly listed corporation, traders have the ability to purchase stock on public exchanges. Its common stock is traded on the stock exchange under the ticker code.