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Wikitoro author Nick Zelver Written by Nick Zelver
Wikitoro fact checker Wikitoro Team Fact checked by Wikitoro Team
Updated Feb, 2024

eToro charges two main types of fees for trading the Nasdaq 100 index: spreads and overnight/weekend fees. The spread is the difference between the buy and sell prices, which varies based on market conditions. If you hold a position overnight or over the weekend, you'll incur additional overnight or weekend fees, respectively.

Trade Nasdaq-100!

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

Given that I have placed buy and sell orders on the Nasdaq 100 index (NSDQ100) with eToro on several occassions, it has equipped me with a detailed understanding of the fees and commissions involved. This article is designed to share these insights, assisting you in comprehending the potential costs associated with trading the NSDQ100 index on this platform. Keep reading to know the details!

 

Understanding NSDQ100: Nasdaq 100 Index CFDs

It's crucial to recognize that when you trade the NSDQ100 index on this platform, you're actually dealing with Nasdaq 100 index CFDs (Contracts for Difference). This form of trading, which includes leveraged trading and short selling without owning the actual assets, comes with its own set of costs, including spreads and overnight fees.

 

Spreads

Spreads, the difference between the Buy and Sell prices of the Nasdaq 100 index, are a primary cost component of this broker. These fees are incurred when you close your position. Be mindful that spreads are subject to market conditions and can vary.

The minimum spread for the eToro Nasdaq-100 index is set at 2.4 points, where "points" indicate price changes to the left of the decimal. For example, a move from $17027 to $17150 in the NSDQ100 represents a 123-point change. Remember, these spreads are variable and may shift according to market trends.

 

Rollover: Overnight and Weekend Fees

Holding a CFD position on the Nasdaq 100 index overnight results in a fee relative to the value of your position, similar to an interest charge for the leverage used. Also, positions kept open over the weekend incur Weekend Fees, typically triple the standard overnight fee.

Rollover fees are subject to fluctuations in global market conditions. As of my last review, the rollover fee for NSDQ100 was $0.59181028 for Sell (Short) positions and $-3.67161932 for Buy (Long) positions, charged per unit each night. These rates change frequently, so consulting eToro's latest fee schedules is recommended for the most accurate information. You can also find these fees on the NSDQ100 asset page in the trading window, just below the "Open Trade" or "Set Order" button.

 

Wrap-Up

When trading the Nasdaq 100 or NSDQ100 CFD index on eToro, you primarily encounter two types of fees: spreads, which are the differences between buy and sell prices, and overnight/weekend fees for positions held beyond a single day.

It's crucial to remember that these fees can vary, so regularly checking eToro's website for the latest fee structure is recommended to stay informed. This guide has been created to give some insights on the fee landscape associated with investing in this index via this platform, helping you navigate your trading journey with greater clarity.

 

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Nick Zelver About Nick Zelver

Nick is the Senior Content Editor at Wikitoro.org with over 15 years in online marketing. A graduate of Toronto Metropolitan University, he has strategized for More Sales Inc. and led online sales at GlassesUSA.com. His journey through digital marketing, e-commerce, and account management has equipped him with a unique perspective. Every article he pens is infused with his real-world experiences, aiming to guide and inform readers.

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76% of retail investor accounts lose money