NASDAQ Stock Market was the first electronic stock market globally which began trading in 1971. Since its establishment, it remains the second largest exchange in the world by market capitalization, behind New York Stock Exchange. The main NASDAQ index is the NASDAQ 100 (USA100) that tracks the prices of the largest US stocks listed on the NASDAQ. It consists of the top 100 US companies, ranked by market capitalization.
| PARAMETERS | Trading Specifications per Account Type | |||||||
|---|---|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | INFINITYX | |||||
| Spreads as low as | 1.2 | 1.2 | 1.2 | 1.5 | ||||
| Size of 1 lot | 1 contract | 1 contract | 1 contract | 1 contract | ||||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | 0.01 | ||||
| Maximum Contract size, lots | 60 | 60 | 60 | 60 | ||||
| Tick value per 1 lot | 0.10 USD | 0.10 USD | 0.10 USD | 0.10 USD | ||||
| Volume limitation | 300 | 300 | 300 | 300 | ||||
| Margin requirement | 0.1% | 0.1% | 0.1% | 0% | ||||
| Minimum Price Increment | 0.1 | 0.1 | 0.1 | 0.1 | ||||
| Limit and Stop Levels | 4.0 | 4.0 | 4.0 | 4.0 | ||||
| Negative Balance Protection | Yes | Yes | Yes | Yes | ||||
| Swap free days allowance | 45 | 45 | 45 | 45 | ||||