NAS100 on Exness

The NASDAQ-100 Index is composed of the top 100 non-financial companies (by market value) listed on The Nasdaq Stock Market. Many of those companies hail from the technology sector, such as Apple ,Microsoft and Amazon. The index also excludes banks and financial services, so this is more in favor of tech companies as well as consumer-related businesses.

Contract Specifications

When trading NAS100 on Exness, you can trade almost all week, from Monday to Friday, with a short break over the weekend. One lot typically equals $1 per point. This means if the index moves by one point, your trade value changes by $1 for each lot.

Exness offers flexible leverage, allowing you to trade larger amounts with less money. You can choose a leverage level that fits your needs, with options up to 1. Higher leverage can increase your potential profits but also raises your risks.

The difference between the buy and sell prices, known as the spread, is usually tight on Exness. This helps keep your trading costs low. Most NAS100 trades on Exness also don’t have any commission fees, making it more affordable to trade.

Order Types and Execution

Another interesting thing about Exness is that you have differing orders types to choose from for use with different trading styles. A market order is straightforward: it executes immediately at the current market price. This is already helpful when you want to purchase or sell now.

A pending order will allow you to set up a trade for the future. This way you can buy or sell when the price hits a certain level. That is, a Buy Limit order purchases when the price falls to your selected point and sells if it goes up to that level.

Stop Loss and Take Profit orders can be used to secure your trades. A Stop Loss closes your trade automatically if the market moves against you and helps to prevent excessive losses. Take profit order: Lets you set a target price at which your trade is automatically closed once it reaches this amount, locking in any gains.

Advantages:

• High Liquidity: NAS100 extremely popular, can be bought and sold without having to worry about huge changes in price.
• Top Tech Companies: The index includes big names like Apple and Microsoft, allowing you to benefit from their success.
• Price Impact: The tech sector is cyclical, and so prices can change by a lot. This affords the possibility to capitalize on these fluctuations. 
• Diversification: When trading NAS100, you are essentially spreading your risk all the way across some big-name companies. 
• Market Trends: NAS100 tracks overall market trends in the tech space.

Disadvantages:

• Volatility: These quick price changes that possibly could make you rich overnight, can also lose all your money in the same manner.
• News Sensitivity: NAS100 is highly affected by news, especially related to technology. Sudden news can cause prices to change rapidly.
• Leverage is  that increases risks : Trading with leverage will increase your winnings as well as losses. Without proper moderation, you can potentially lose more than what you invest.
• Limited Industry Exposure: NAS100 focuses mostly on tech and non-financial companies, so it might not give you the broader exposure you need.

• Big Company Performance: NAS100 includes large companies like Apple and Microsoft. If these companies do well, the index usually goes up. If they have problems, the index can go down.
• Economic News: The overall economy impacts NAS100. Good news, like job growth or strong retail sales, can boost the index. Bad news, like a recession or high unemployment, can cause the index to fall.

• Interest Rates: When interest rates change, NAS100 can be affected. Lower rates often make stocks more attractive, pushing the index higher. Higher rates can make borrowing more expensive, which might lower stock prices.
• Global Events: Events around the world, such as trade disputes or political changes, can influence NAS100. These events can create uncertainty and lead to price changes in the index

• Technology Trends: Since NAS100 is heavy on tech companies, new technology developments can impact the index. Positive news in tech can push the index up, while setbacks can drag it down.
• Investor Mood: How investors feel about the market can also affect NAS100. If investors are confident, they buy more, which can raise the index. If they are worried, they might sell, leading to a drop in the index.