7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (2024)

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Key Points

  1. The normal hours of the stock market are from 9:30 am EST to 4:00pm EST.
  2. Pre-market and after-hours trading allow you to place trades before the market opens or after it closes, which is important for reacting to major news stories or announcements.
  3. Extended hours trading is more volatile due to fewer participants, so consider using a limit order to have some control over the prices your orders are filled at.
  4. Robinhood is a beginner-friendly trading app that offers extended trading hours.

Not everyone is able to place trades during these hours for a number of reasons. One of the most common is having a work schedule that doesn't allow you to be by your phone.

Pre-market trading gives you the ability to place trades before the market opens.

After-hours trading allows you to place trades after the market is closed.

Both pre-market and after-hours trading are important for many reasons. For example, major news stories are often released before the stock exchanges open or after they close.

Two examples are earnings releases and economic news, such as GDP, employment, and retail sales.

In addition, the Federal Reserve often makes major announcements between the market close on Fridays and market opening on Monday mornings.

All can have a major impact on the direction of the market or on individual stocks.

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Why Use Extended Trading Hours?

Extended hours trading gives you the ability to react to those announcements, either before the market opens or after it closes.

However, do keep in mind that the markets are significantly more volatile during the extended trading hours. Since there are fewer participants at these hours, prices can go all over the place.

You may want to consider using a limit order to have some control over the prices your orders are filled at. This gives you control over the exact price that your order fills at.

In this article, we will be covering the top 7 brokerages that offer pre-market and after-hours trading, known as extended trading hours.

1. Robinhood (9:00am - 6:00pm EST)

7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (6)

Robinhood is abeginner friendly trading app, allowing you to trade stocks, options and crypto all from your phone.

Robinhood allows you to trade stocks from 9:00 am to 6:00 pm EST.

Since Robinhood is a very beginner friendly app, it is a great place to test the waters with extended hours stock trading.

24 Hour Market

Recently, Robinhood announced a new Robinhood 24 Hour Market feature.

This allows you to trade select popular stocks like Tesla, Amazon and Apple - 24 hours a day, 5 days a week.

There's also a handful of ETFs included. This feature, so far, is unique to Robinhood.

Click Here To Sign Up With Robinhood + Get 1 FREE Stock!

Robinhood Basic Features

  • Minimum Initial Investment: $0
  • Available accounts: Cash, Margin
  • Investments offered: Stocks, ETFs, Crypto, Options
  • Fees: No Trading Commissions
  • Customer support: Email, Phone, FAQ

2. Webull (4:00am - 8:00pm EST)

7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (7)

Webull is a more advanced commission free trading app offering a lot of great research tools.

However, beginner investors might be overwhelmed by the amount of information available.

Webull allows you to trade stocks from 4:00am to 8:00pm EST.

Sign Up For Webull + Get FREE Stocks!

Webull Basic Features

  • Minimum Initial Investment: $0
  • Available accounts: Cash, Margin, Retirement
  • Investments offered: Stocks, ETFs, Crypto, Options
  • Fees: No Trading Commissions
  • Customer support: Email, Phone, Chat

3. Interactive Brokers (4:00am - 8:00pm EST)

7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (8)

Interactive Brokers, or IBKR, is a popular investing platform that caters to both experienced traders and beginners.

Introduced in 2019, IBKR Lite is a user-friendly option tailored for casual investors. This service allows users to make unlimited, commission-free trades of U.S.-listed stocks and exchange-traded funds.

Notably, Interactive Brokers provides access to a wide range of investment options, including options, futures, mutual funds, crypto, and fixed income, across various global markets.

With IBKR Lite, there are no mandatory account minimums or inactivity fees, making it an appealing choice for those looking to start investing hassle-free.

Additionally, the platform offers competitive interest rates on cash balances, the opportunity to earn extra income through their Stock Yield Enhancement Program, and access to low financing rates for borrowing against your account.

Through TWS, you can get access to the extended trading hours.

Click Here To Sign Up With IBKR!

4. Firstrade (8:00am - 8:00pm EST)

7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (9)

Firstrade is another highly rated investment platform.

It provides comprehensive research from some of the top providers in the financial industry, including Morningstar, Zacks, and Benzinga.

In addition, they offer trading in over 11,000 mutual funds, commission-free.

Most other brokers charge fees on mutual funds. It’s also an excellent platform if you want to trade options, since it’s one of the few brokerages that charge no contract fee, in addition to being commission-free.

Firstrade allows you to trade stocks from 8:00am to 8:00pm EST.

Firstrade Basic Features

  • Minimum Initial Investment: $0
  • Available accounts:Cash, Margin, Joint, Retirement, Custodial, Trust
  • Investments offered: Stocks, Bonds, ETFs, Mutual Funds, OTC Stocks, Options
  • Fees: No Trading Commissions
  • Customer support: Phone, Email, Chat

Click Here To Learn More About Firstrade!

5. TradeStation (8:00am - 8:00pm EST)

7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (10)

TradeStation is widely acknowledged to be one of the top investment platforms for both advanced and active traders.

Part of that reputation owes to the fact that TradeStation was designed specifically for professional and institutional traders. They offer all types of investment options, including cryptocurrencies.

TradeStation allows you to trade stocks from 8:00am to 8:00pm EST.

TradeStation Basic Features

  • Minimum Initial Investment: $0 Standard Account, $2,000 Select Account
  • Available accounts: Cash, Margin, Joint, Retirement
  • Investments offered: Stocks, Bonds, ETFs, Mutual Funds, Options, Futures, Crypto
  • Fees: No Trading Commissions (except for Mutual Funds)
  • Customer support: Phone, Chat

6. Charles Schwab (7:00am - 8:00pm EST)

7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (11)

Given that Charles Schwab is pretty much good at everything, it’s not possible to identify specifically what they do best.

If it’s possible to say, it may be in the area of customer support. They offer 24/7 live support, as well as a network of branches in and around major cities across the country. Schwab offers virtually unlimited investment options, and is suitable for both self-directed investors, as well as anyone interested in a managed portfolio option.

Charles Schwab allows you to trade stocks from 7:00am to 8:00pm EST.

Charles Schwab Basic Features

  • Minimum Initial Investment: $0
  • Available accounts: Cash, Margin, Joint, Retirement, Custodial, Trust
  • Investments offered: Stocks, Bonds, ETFs, Mutual Funds, Options, Futures, CDs
  • Fees: No Trading Commissions (including some Mutual Funds)
  • Customer support: 24/7 by Phone, Email, Chat

7. Fidelity (7:00am - 8:00pm EST)

7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (12)

As the second-largest investment brokerage firm in the world and Schwab’s primary competitor, the two platforms are just about equal in almost every regard.

Fidelity can accommodate investors at all levels but is also well suited to both self-directed investors and those looking for managed investment options.

And again, like Schwab, they offer top-notch customer service, 24 hours a day, seven days per week. They have a network of several hundred branches around the country, in case you like good old-fashioned face-to-face contact with your investing activities.

Fidelity allows you to trade stocks from 7:00am to 8:00pm EST.

Fidelity Basic Features

  • Minimum Initial Investment: $0
  • Available accounts: Cash, Margin, Joint, Retirement
  • Investments offered: Stocks, Bonds, Mutual Funds, ETFs, Options
  • Fees: No Trading Commissions (including some Mutual Funds)
  • Customer support: 24/7 by Phone, Email, Chat
7 Best Brokerages For Pre-Market/After Hours Trading In 2024 (2024)

FAQs

Which trading platform is best for premarket trading? ›

Comparsion of the Best Brokers with Pre-Market Trading
  • IB. 8.19. Regulatory blacklist. 0.1. 1:40. $0. Open account. Details. ...
  • eToro. 7.54. Regulated. 0.0. 400:1. $10. Open account. Details. ...
  • Webull. 7.69. Regulated. / / $0. Open account. ...
  • Charles Schwab. 1.49. No Regulation. / / $0. Open account. ...
  • Robinhood. 1.53. No Regulation. / / $0. Open account.

What brokers allow you to trade after-hours? ›

Best brokers for after-hours trading and pre-market trading
  • Fidelity Investments: Fidelity offers extended hours from 7 am to 9:30 am and from 4 pm to 8 pm.
  • Merrill Edge: Merrill Edge offers extended hours from 7 am to 9:30 am and from 4 pm to 8 pm.
Apr 19, 2024

Which brokerage firm is the best? ›

Summary of the best brokers:
  • Robinhood.
  • Charles Schwab.
  • E*TRADE.
  • J.P. Morgan Self-Directed Investing.
  • Public.
  • SoFi Active Investing.
  • Ally Invest.
  • Firstrade.
5 days ago

Who trades at 4am? ›

The Nasdaq and other major stock exchanges have steadily augmented their trading hours to provide investors with more time to buy and sell securities. Nasdaq's pre-market operations let investors start trading at 4 a.m. Eastern time.

Who trades stocks pre-market? ›

Premarket trading used to be a domain exclusive to institutional investors, but more and more online brokers are offering extended-hours trading to retail investors. Premarket trading takes place before the standard trading hours for a stock exchange, allowing investors to buy and sell stocks ahead of the market open.

How do I find premarket stocks to trade? ›

Simply search for stocks for which the current day's opening price is greater or less than the previous day's closing price. You can further refine your search by adding filters for the magnitude of the price gap. Filtering for stocks with a gap of at least 1% is a good way to start scanning for pre-market gappers.

Does Schwab allow pre-market trading? ›

Pre-Market: Orders can be placed between 8:05 p.m. (previous trading day) and 9:25 a.m. ET and will be eligible for execution between 7:00 a.m. and 9:25 a.m. ET. After Hours: Orders can be placed and are eligible for execution between 4:05 p.m. and 8:00 p.m. ET.

Does Fidelity allow premarket trading? ›

Yes, Fidelity offers extended hours trading, which allows Fidelity brokerage customers to trade certain stocks before and after the standard market hours. Orders for the premarket session can be placed from 7:00 a.m. to 9:28 a.m. ET.

Does Vanguard allow after-hours trading? ›

Vanguard Brokerage Services' extended-hours trading offers the ability to trade all National Market System (NMS) equity securities that have not been halted both before and after the regular market session. Vanguard Brokerage generally will not accept extended-hours trading orders over the telephone.

What brokerage do most millionaires use? ›

Best Brokers for High Net Worth Individuals
  • Charles Schwab - Best for high net worth investors.
  • Merrill Edge - Best rewards program.
  • Fidelity - Best overall online broker.
  • Interactive Brokers - Great overall, best for professionals.
  • E*TRADE - Best web-based platform.
Mar 28, 2024

Which broker do most traders use? ›

Best brokers for day trading
  • Interactive Brokers.
  • E*TRADE from Morgan Stanley.
  • Fidelity.
  • Webull.
  • Robinhood.
  • TradeStation.

What is the most successful brokerage firm? ›

Top Brokerage Houses, Ranked
Top Brokerage Firms by AUM and Number of Accounts
1Charles Schwab$9.41 Trillion
2Vanguard$8.6 Trillion
3Fidelity Investments$5.3 Trillion
4JP Morgan$3.7 Trillion
1 more row

Which brokerage allows after-hours trading? ›

At Fidelity, you can trade listed equities and OTC equities—excluding pink sheets and bulletin board stocks (i.e., those that are not listed on an exchange)—during extended hours. Whether you choose to trade during extended hours depends on your investing style, objectives, and tolerance for risk.

Who typically trades after hours? ›

Trading during the extended sessions, whether it be pre-market or after-hours, is usually available to institutional investors, active traders, and some retail brokerage clients.

What is the best day trading platform? ›

  • Firstrade. ...
  • Moomoo. ...
  • Robinhood. ...
  • Charles Schwab. ...
  • Public. ...
  • Interactive Brokers. : Best for large-size day traders who want a pro-level platform.
  • Webull. : Best for option traders who use advanced strategies and trade frequently.
  • E*TRADE. : Best for long-term investors, who trade occasionally.
May 30, 2024

How do I participate in premarket trading? ›

Simply log into your online brokerage account and select the stock, or stocks, that you wish to trade. The key difference is that instead of placing a market order, you will have to place a limit order.

How to trade in pre-open market? ›

It is conducted between 9:00 AM to 9:15 AM on NSE and BSE. During the pre-market session for the first 8 minutes, i.e. between 9:00 AM and 9:08 AM, orders are collected, modified, or cancelled by the exchange. Clients can place limit orders or market orders during the order collection window in the pre-market session.

Is it good to trade during pre-market? ›

Pre-market trading can be a good way to get into the market or out of it, particularly for widely followed stocks and funds. With pre-market trading, you can place trades before much of the market is ready to act. Despite this advantage, pre-market trading is not without some drawbacks.

How do I buy premarket options? ›

Generally, only listed stocks can be traded in the pre-market session. Not all stocks, though. Stocks such as those that have a limited float or are not widely held, or small-cap stocks, may not have sufficient volumes to make pre-market trading a viable proposition. Options cannot be traded in the pre-market session.

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