How to invest in NASDAQ from Australia

You can invest in the NASDAQ index from Australia. Find out how.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

The National Association of Securities Dealers Automated Quotations (NASDAQ) is the second-largest stock exchange in the world. It's very technology-heavy, being the home to all of the FAANG stocks. As long as you've got a trading account that lets you trade US stocks, you can invest in NASDAQ from Australia.

How can I invest in NASDAQ in Australia?

Yes, there are several ways you can invest in NASDAQ from Australia. These days, many share-trading platforms and brokers offer access to US stock markets. You can buy individual stocks that are listed on NASDAQ or invest in index funds that track the performance of the NASDAQ stock market, for example.

It's also possible to trade the NASDAQ through CFDs on the futures market, however, this is a far riskier strategy.

Is NASDAQ a good investment?

That depends on how it performs. As with all investing, there is a risk. NASDAQ and the US in general have been the powerhouse of global growth for many years.

The NASDAQ stock market is the world's second-largest stock exchange by market capitalisation after the New York Stock Exchange, and is also based in New York. It's the home of some of the most globally renowned companies and the growth of the whole index reflects that.

NASDAQ also offers high liquidity and trading options. As a result, Australian investors looking to expand their portfolio will be able to trade over 3,300 stocks on NASDAQ.

How to invest in NASDAQ

  1. Choose a broker or trading platform. Different platforms have different fees and account options, so it's important you pick the one that best suits your investing needs. You can compare a range of share-trading platforms that let you invest in NASDAQ below.
  2. Open a share-trading account. Once you've selected which broker or platform you'd like to use, you'll need to open an account with a share-trading platform or broker to start investing.
  3. Deposit funds. All brokers will let you deposit in pounds, and then will either convert your funds into US dollars or leave them as pounds. If your funds are left in pounds, it's likely you'll need to pay an FX fee on each trade, which can end up costing more overall.
  4. Buy NASDAQ shares. Once your account is set up and funded, you can begin buying and selling shares.

Compare NASDAQ share-trading platforms

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
0.60%
ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
Enjoy fast, simple and affordable trades, with market leading research and broker recommendations all in one platform
loading

Compare up to 4 providers

Important: Share trading can be financially risky and the value of your investment can go down as well as up. Standard brokerage is the cost to purchase $1,000 or less of equities without any qualifications or special eligibility. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.

Name Product Minimum Opening Deposit Minimum Opening Deposit Commission - ASX 200 Shares Available markets Platforms
Vantage CFD
$200
$200
$8 AUD or 0.08%
Forex, CFD shares, Indices, Cryptocurrencies, Commodities
MetaTrader 4
MetaTrader 5
TradingView
Disclaimer: CFD Service. Your capital is at risk.
Vantage FX has some of the lowest CFD trading fees in Australia, plus you can place trades and find global trends through the new TradingView charts platform.
eToro CFD
US$200
US$200
No commission
Forex, Shares, Indices, Cryptocurrencies, Commodities, ETFs
eToro Trading Platform
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the largest social trading network in the world.
Plus500 CFD
$200
$200
No commission
CFD on Forex, Commodities, Cryptocurrency, Indices, Shares, Options and ETF's
Plus500 Trading Platform
Disclaimer: CFD Service. Your capital is at risk.
Trade CFDs on Australian and International shares, indices, cryptocurrencies, commodities and more.
IG CFD broker
$0
$0
0.08% with $7 minimum
Indices, FX, Shares, Commodities, Cryptocurrency, ETPs, Options, Interest Rates, Bonds
MetaTrader 4
ProReal Time
IG Trading Platform and Apps
L2
Disclaimer: CFD Service. Your capital is at risk.
Trade from over 15,000 markets with Australia's leading service for CFD trading and forex.
IC Markets CFD (True ECN Account)
US$200
US$200
0.1% per side
ASX shares, global shares, indices, commodities, forex, cryptocurrencies
MetaTrader 4
MetaTrader 5
cTrader
Disclaimer: CFD Service. Your capital is at risk.
Trade 230+ different products with fast execution under 40 milliseconds on average.
Capital.com CFD
$0
$0
$0
Forex, Shares, Indices, Commodities, Crypto, ETFs
Mobile Trading Platform
Disclaimer: Volatile investment product. Most clients lose money trading with this provider.
Trade with an award winning platform that allows access to over 4,000 markets, across CFDs with leverage across the world’s most popular indices, commodities, cryptocurrencies, shares and currency pairs.
Saxo Capital Markets CFD
3,000
3,000
0.10% with $6 minimum
Indices, FX, Shares & ETFs, Commodities, Cryptocurrencies, Options, Bonds
SaxoTraderGO
SaxoTraderPRO
Disclaimer: CFD Service. Your capital is at risk.
Award-winning trading platfrom with extensive charting tools and reliable execution.
City Index CFD
$0
$0
0.08% with $5 minimum
ASX shares, 4,500 global shares, indices
MetaTrader 4
At Pro
Advantage Web
Disclaimer: CFD Service. Your capital is at risk.
Trade CFDs on indices, FX, global & Australian shares and commodities, plus access other markets such as metals, bonds and interest rates.
Blueberry Markets CFD Trading
US$100
US$100
$20 per month subscription plus 2% of trade size
Indices, ASX200 Shares, Commodities, Cryptocurrency
MetaTrader 5
Disclaimer: CFD Service. Your capital is at risk.
Bottom of the market fees on forex, CFDs and commodities with 24/7 quality customer service.
CMC Markets
$0
$0
0.09% with a $7 minimum
Forex, Indices, Commodities, Cryptocurrencies, Global shares, ASX shares, Bonds
CMC Next Generation CFD, MetaTrader 4
Disclaimer: CFD Service. Your capital is at risk.
Share CFD and forex ideas with other traders and take your strategy to the next level with over 100 technical indicators and charts on CMC’s mobile-friendly Next Generation platform.
ThinkMarkets CFD
$0
$0
$0 for standard account
Forex, indices, commodities, metals, share CFDs, ETF CFDs, futures
MetaTrader4, MetaTrader5, ThinkTrader
Disclaimer: Trading CFDs and forex on leverage is high-risk and losses could exceed your deposits.
Trade forex, commodities and CFDs using MetaTrader4/MetaTrader5 platforms or access advanced analysis tools through ThinkTrader.
Pepperstone CFD
$200
$200
No commission
ASX shares, global shares, indices, cryptocurrencies, commodities
MetaTrader 4
MetaTrader 5
cTrader
Disclaimer: CFD Service. Your capital is at risk.
Trade stock indices on the global market, via Pepperstone's MetaTrader 4 and cTrader client terminals.
Go Markets CFD
$200
$200
$0
Stocks, Indices, Commodities, Crypto
MetaTrader 4
MetaTrader 5
WebTrader
Mobile Trading Platforms
Disclaimer: CFD Service. Your capital is at risk.
Trade over 600 products across CFDs, forex, indices, metals and commodities with award winning education and customer service provided.
loading

Compare up to 4 providers

Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.

How much does it cost to invest in NASDAQ?

Some brokers or trading platforms in Australia will charge you a commission on every trade, while others may only charge you an FX fee when you initially deposit pounds, then charge no commission on trades.

It's important that you understand the fee structure of each platform before using it to trade. Certain brokers or platforms will suit different types of investors but may prove to be expensive if you're only investing small amounts.

If you're investing via an index fund, you should also look at what the fund's management fees are. In Australia, these are typically known as MER fees.

Other ways to invest in NASDAQ

If you want to invest in NASDAQ but don't want to buy NASDAQ stock directly, you have other options. You can buy an exchange-traded fund that tracks the performance of the entire NASDAQ index, as well as indices like the S&P 500 or Dow Jones Industrial Average.

NASDAQ ETFs:

  • The BetaShares Nasdaq 100 ETF (ASX Code: NDQ)

Which stocks are on NASDAQ?

There are over 3,300 stocks available on NASDAQ, including many of the largest companies in the world by market capitalisation.

Popular NASDAQ stocks include:

  • Alphabet (GOOG)
  • Amazon (AMZN)
  • Apple (AAPL)
  • eBay (EBAY)
  • Facebook (FB)
  • Microsoft (MSFT)
  • Netflix (NFLX)
  • Tesla (TSLA)

NASDAQ Composite

The NASDAQ Composite (IXIC) is a stock market index that tracks the common stocks and securities on NASDAQ. The NASDAQ-100 is an index that tracks a subset of the top 100 non-financial stocks on NASDAQ. You can invest in these indices by buying an ETF that specifically tracks the performance of the stocks in the index.

NASDAQ trading hours

NASDAQ is open during regular US market hours, which are 9:30am to 4pm (Eastern time), Monday to Friday.

Warning: The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site