NAS100 Point Value β How It Works
NAS100 (also called NASDAQ 100 or US100) is an index, not a currency pair, so it moves in index points rather than pips. The point value depends on your broker's contract specification. At most CFD brokers including FxPro, 1 standard lot = 10 index contracts, giving a point value of approximately $1.00 per full index point per standard lot.
Always verify in your MT4/MT5 platform: right-click the NAS100 symbol β Specification β check the contract size and tick value for your specific account.
| Lot Size | Point value (USD) | Point value (MYR @ 18.00) | 100-point move | 300-point move (typical day) |
|---|---|---|---|---|
| 0.01 (micro) | ~$0.01 | ~R0.18 | ~R18 | ~R54 |
| 0.10 (mini) | ~$0.10 | ~R1.80 | ~R180 | ~R540 |
| 1.00 (standard) | ~$1.00 | ~R18.00 | ~R1,800 | ~R5,400 |
All values indicative. Verify contract size with your broker before trading.
Why NAS100 Is Popular Among SA Traders
The Nasdaq 100 is the most widely traded index among Malaysia retail forex traders. Key reasons: concentrated exposure to the world's largest technology companies (Apple, Microsoft, Nvidia, Amazon), high daily volatility of 200β500 points (creating large potential moves for leveraged traders), and USD-denominated profit that hedges MYR holders against rand depreciation. No JSE-listed equivalent offers comparable tech-sector exposure.
Position Sizing for NAS100
With a 300-point typical daily range and a ~R18/point standard lot value, a 100-point stop-loss on 1 lot = R1,800 at risk. On a R50,000 account (1% risk = R500), your maximum lot size for a 100-point stop = R500 Γ· (100 Γ R0.18 per micro-lot point) = approximately 0.028 lots.
Trading Hours (SAST)
NAS100 trades on CFD platforms during US market hours: approximately 15:30β22:00 SAST for cash market sessions (when underlying futures are most active). Pre-market and after-hours sessions exist but with wider spreads. The most liquid and lowest-spread window is 15:30β17:00 SAST (US market open).
Pip values sourced from ECB reference data (Frankfurter API). Live BTC/ETH prices from CoinGecko. All values are indicative and for educational purposes β not live trading quotes. See full pip value table β