FAQs
OctaFX MT5
NASDAQ 100 Index (NAS100): The 100 largest companies listed on the NASDAQ exchange, including industries like retail, software, bio-tech, and telecommunications. Nikkei 225 Index (JPN225): Japan's top 225 companies listed in the Tokyo Stock Exchange, including Sony, Canon, and Toyota.
What time should I trade NAS100? ›
During the U.S. Eastern Daylight Time (EDT) period:
- NAS100 trading opens at 2:30 p.m. SAST (9:30 a.m. ET) and closes at 9:00 p.m. SAST (4:00 p.m. ET). It's important to note that these trading hours may be subject to change, especially during holidays or periods of increased market volatility.
How much do you need to start trading NAS100? ›
How to invest in NASDAQ 100?
| Trading the NASDAQ 100 |
---|
Ways to trade | Cash CFD, Futures CFD |
Market hours | 18:00 Sunday to 16:59 Friday (ET) with trading breaks between 16:15 to 16:30 and 16:59 to 18:00 |
Initial capital required | 0.5% |
Losses can exceed deposits | Yes |
Which broker has NASDAQ 100 on MT4? ›
XM Broker NASDAQ 100 Trading Conditions
Available Platforms: MT4/MT5 for Mobile, Web, and Desktop.
What is another name for NAS100 in MT4? ›
In the world of forex trading, the NAS100, often referred to as the NASDAQ 100, is a prominent financial instrument that represents the performance of the top 100 non-financial companies listed on the NASDAQ stock exchange.
What is Nasdaq in MetaTrader 4? ›
NAS100 on MT4 provides traders with a unique opportunity to speculate on the performance of top non-financial companies listed on the NASDAQ. Its representation of various sectors and potential for profit make it an appealing choice for both novice and experienced traders.
Is octa trading legit? ›
Answer: Yes, Octa is a legally established international company which has been serving millions of clients around the world for over 12 years. The broker possesses multiple internationally recognised licenses, including licenses issued by FSCA in South Africa, CySEC in Cyprus, and MISA in the Comoros..
What is the minimum deposit for OctaFX? ›
The OctaFX minimum deposit is $25 for both commission-free trading accounts, but OctaFX recommends $100 as a starting minimum. Explore additional up-to-date info about OctaFX, in our OctaFX broker review.
How to trade NASDAQ successfully? ›
How to start trading the index
- Step 1: Create an account. Decide how you want to trade the NASDAQ 100 – whether through a stock trading platform or a CFD provider. ...
- Step 2: Open your first NASDAQ trading position. ...
- Step 3: Monitor your trade using technical and fundamental analysis.
What is the best hour to trade NASDAQ? ›
The opening period (9:30 a.m. to 10:30 a.m. Eastern Time) is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.
Certain days of the week tend to see higher volatility and trading volume. Mondays and Fridays tend to be the most active nasdaq trading days.
How much do I need to make 100 a day trading? ›
You're really probably going to need closer to 4,000 or $5,000 in order to make that $100 a day consistently. And ultimately it's going to be a couple of trades a week where you total $500 a week, so it's going to take a little bit more work. Want to learn more about trading?
How much is 20 pips on NAS100? ›
It's important to understand that one pip is a 0.1 price difference on NAS100. Therefore, if you see a price of 13800.00, and it raises to 13800.10, that's a one-pip difference. If you would add 20 pips to 13800.00, you would see 13802.00.
What time to trade on NASDAQ? ›
Trading Hours on North American Exchanges
Name | Marketplace | Trading Hours |
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New York Stock Exchange (NYSE) | New York, United States | 9:30 a.m. to 4:00 p.m. |
Nasdaq Stock Market | New York, United States | 9:30 a.m. to 4:00 p.m. |
Toronto Stock Exchange (TSX) | Toronto, Canada | 9:30 a.m. to 4:00 p.m. |
How do I open Nasdaq on MT4? ›
How to trade Nasdaq on MT4
- Register your account. It only takes a few minutes, once you have gone through the process, you will be in your secure client area. ...
- Create a demo or live account. ...
- Download the MT4 trading platform. ...
- Fund your account. ...
- Transfer your funds to the MT4 trading platform. ...
- Log in to MT4.
How do I access indices on MT4? ›
After logging into MT4, click on the View menu at the top of the platform. Select Symbols or Market Watch from the dropdown menu, which will open the Market Watch window. 3. Now, traders can scroll through the list of indices available or use the search function to find the indices they want to add.
Are US100 and NAS100 the same? ›
The Nasdaq-100 is often abbreviated as NDX, NDQ, NAS100 or US100 in the derivatives markets. Its corresponding futures contracts are traded on the Chicago Mercantile Exchange.
Where can I get NAS100? ›
Pepperstone is a well-established forex and CFD broker that offers a variety of trading instruments, including the NASDAQ 100 (Nas100) index CFD. There is no minimum deposit, and Pepperstone offers low CFD trading fees. As a platform, it is customizable and easy to use.