Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Wikitoro Team Fact checked by Wikitoro Team
Updated Nov, 2024

Intro

The Nasdaq-100, known as NSDQ100, US Tech 100, or US100, is a highly sought-after index in the trading world. If you're curious about trading on it, the good news is that it's accessible through the eToro platform. This guide will offer detailed insights on how to invest in this financial instrument using eToro. I’ll share my personal experiences and tips that could be valuable for your investment journey with this fascinating asset.

Trade Nasdaq 100!

51% 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.

 

Trading Nasdaq 100 via CFD

When trading the Nasdaq 100 on eToro, you're engaging in CFD (Contract for Difference) trading, not direct stock exchange transactions. The allure of CFD trading lies in its speculative nature, allowing traders to capitalize on eToro indices market movements. CFDs enable profit from price fluctuations without needing to own the actual asset. The contract's value is based on the price difference from when you enter and exit the trade. With the right strategy, CFDs can yield returns regardless of market direction. Crypto CFDs/ Leverage trading is restricted for users under FCA.  

 

Why I Prefer Trading Nasdaq 100 on eToro?

Having traded this asset on eToro multiple times, I've identified several benefits:

  1. User-Friendly Interface: eToro's platform is intuitive, making it easy for both beginners and experienced traders.
  2. Flexible Trading Schedule: You can place orders even when the market is closed, allowing for better planning and strategy.
  3. Leverage Opportunities: Leverage on eToro can amplify your position size, allowing for larger trades with a smaller capital commitment. However, leverage limits vary based on your location and regulatory restrictions.

Trading the Nasdaq 100 via eToro presents a user-friendly, cost-effective, and flexible approach to engage with this popular index. Whether you're looking to speculate on price movements or diversify your portfolio, eToro's platform, coupled with the unique aspects of CFD trading, offers a compelling way to interact with the Nasdaq 100. As always, remember to trade responsibly and consider the risks, especially when using leverage.

 

Exploring the Nasdaq-100 on eToro's Platform

Navigating the Nasdaq-100 Asset Page

When you visit the Nasdaq-100 asset page on eToro, you'll initially land on the Overview section. This area offers several key features:

  • Graph: Displays the asset's performance. Note that this is a basic graph, with a more detailed version available in another tab.
  • About: Provides a brief overview of the index.
  • Latest News: Showcases the most recent developments related to Nasdaq-100, sourced from CityFALCON.
  • People Also Bought: Highlights other popular indices that traders are investing in.
  • Copy Investors: Lists top-performing traders investing in this index. Click the "Copy" button to replicate their strategies in your portfolio.
  • Discussions: A platform for trader discussions about Nasdaq-100. You can engage with posts, filter discussions, and share your thoughts, similar to social media platforms like Facebook and Twitter.

 

Essential Index Trading Tools on eToro

My experience with trading the Nasdaq-100 on eToro revealed several integrated tools that enhance the trading experience:

  • Advanced Chart: Offers a comprehensive Nasdaq-100 live chart with customizable time gaps, ranging from 1 minute to 1 week.
  • News and Sentiment Trends: This section not only updates you with the latest index news, powered by CityFALCON, but also provides sentiment analysis, indicating the mood of the news and showcasing a 30-day average sentiment trend.

 

Trading Nasdaq-100 on eToro: The Process

To trade Nasdaq-100 on eToro, follow these steps:

  1. Search for the Nasdaq-100 asset.
  2. Choose between "BUY" and "SELL."
  3. Enter your investment amount.
  4. Set your trading preferences.
  5. Execute the trade.

 

Maximizing Your eToro Experience with Nasdaq-100

In conclusion, this guide provides a comprehensive overview for those interested in trading the Nasdaq-100 index on eToro. The insights and tools discussed are applicable to both the web-based platform and the mobile app. Remember these tips, apply them strategically in your trading endeavors, and enjoy the dynamic features of the eToro platform!

 

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. 51% 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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

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

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.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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 hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.

 

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at Wikitoro.org, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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51% 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.