Firstrade To Introduce Overnight Trading On US Stocks
Firstrade is rolling out overnight trading on major US stocks and ETFs on its trading platform and mobile app.
This comes after an eventful year for the commission-free broker, with fractional shares, Trading Central and AI-driven analysis through FirstradeGPT added in 2024.
Key Takeaways
- Overnight trading will be available at Firstrade from 08:00 AM ET to 4:00 AM ET the following day.
- Extended hours trading provides fresh opportunities for active traders looking to respond to global market shifts.
- The launch of overnight trading is scheduled for the first quarter of 2025.
Although trading during extended hours can be riskier due to lower liquidity, higher volatility, and unpredictable price swings from after-hours news, we’re seeing growing demand for it among retail traders.
In fact, Firstrade joins brokers like Plus500 and FXCM, who have both unveiled pre and post-market trading on US stocks in 2024.
Stephen Callahan, Trading Behavior Specialist at Firstrade, commented on the news: “The investing landscape has transformed, with traders increasingly seeking to make faster, more informed decisions around the clock. While many of our clients trade during traditional market hours, overnight trading offers the flexibility to respond quickly to breaking news and market shifts, wherever they may be”.
About Firstrade
Firstrade is a US-based discount broker established in 1985, offering commission-free trading on stocks, options, mutual funds, ETFs, and crypto.
Catering to both US and international traders, it provides extensive educational tools and professional-grade analytics, while ensuring a secure trading environment through regulation from the SEC and FINRA.
Although lacking features like a demo account, Firstrade’s competitive pricing, excellent trading tools, and long-standing reputation make it a strong choice for budget-conscious traders.
New traders can open a Firstrade account with no minimum.
