Webull 24 Hour Trading: A Comprehensive Guide

Webull 24 hour trading allows users to trade on the platform 24/7, Monday through Friday, but not on weekends. This is a significant advantage for traders who want to stay active in the markets.

The platform offers over 1,000 stocks, ETFs, and options for trading, giving users a wide range of assets to choose from.

You can place trades at any time, as long as you have a stable internet connection and a Webull account.

To get started with 24-hour stock trading, you need to know the trading hours. Typically, brokers offering overnight trading open from Sunday 8 pm ET to Friday 8 pm ET.

The overnight session fills in the gap between the pre-market session, regular session, and after-hours session. This includes trading hours from 4 am ET to 9:30 am ET, 9:30 am ET to 4 pm ET, and 4 pm ET to 8 pm ET.

The pre-market trading session runs from 4 am ET to 9:30 am ET. Regular trading takes place from 9:30 am ET to 4 pm ET. After-hours trading occurs from 4 pm ET to 8 pm ET. Overnight trading, where you can trade, runs from 8 pm ET to 4 am ET.

You have a few choices when it comes to trading stocks and funds overnight. Some popular options include the following brokers:

Webull's advanced charting capabilities allow for real-time price and volume data, making it a valuable tool for traders.

With Webull's real-time market data, you can stay on top of market trends and make informed decisions.

The platform offers a range of chart types, including candlestick, line, and bar charts.

You can also customize your charts with various indicators and overlays.

Webull's mobile app allows for seamless trading on-the-go, making it easy to stay connected to the markets.

The app is available for both iOS and Android devices.

With Webull, you can trade a wide range of assets, including stocks, ETFs, options, and cryptocurrencies.

The platform offers competitive fees and commissions, making it an attractive option for traders.

Webull's user-friendly interface makes it easy to navigate and use, even for beginners.

The platform also offers a range of educational resources and tools to help you improve your trading skills.

Webull's 24-hour trading feature offers a range of market data and analytics tools to help you make informed trading decisions. With real-time LV2 market data and NBBO quotes, you can stay up-to-date on market movements and make timely trades.

You can access various screeners and alerts, as well as in-depth financial data and news, to stay ahead of the market. Webull's platform also provides 12 drawing tools, 50+ technical indicators, and 63 on-chart technical signals, offering timely and professional analyst ratings in-app.

Here are some of the key market data and analytics features available on Webull's 24-hour trading platform:

Crypto trading is available on Webull, but it's not as robust as some other platforms. Webull's crypto trading has a price markup of 100 basis points or 1%.

Webull supports a limited number of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. They also offer more exotic options like Algorand and ApeCoin.

You'll need to convert your crypto to fiat if you want to move it off the Webull platform. This is because Webull doesn't currently allow cryptocurrency assets to be transferred on or off its platform.

The following cryptocurrencies are currently supported on Webull: Algorand (ALGO)ApeCoin (APECOIN)Avalanche (AVAX)Aave (AAVE)Basic Attention Token (BAT)Bitcoin (BTC)Dogecoin (DOGE)Bitcoin Cash (BCH)Cardano (ADA)Chainlink (LINK)Ethereum (ETH)Ethereum Class (ETC)Litecoin (LTC)Polygon (MATIC)Uniswap (UNI)Ren (REN)Shiba Inu (SHIB)Solana (SOL)Sushi (SUSHI)Stellar Lumens (XLM)Terra (LUNA)Tezos (XTZ)US Dollar (USDC)Zcash (ZEC)

Webull's charting tools and real-time market data continue to enhance user experience and provide a better trading ecosystem.

The platform offers real-time TH and US premium LV2 market data and NBBO Quotes, giving users valuable insights into market movements.

With Webull's 24-hour trading feature, users can access market data and trade during non-traditional hours, including the overnight window.

Users can also access real-time analytic tools to help them make informed trading decisions.

Here's a summary of the market data features offered by Webull:

Webull's trading fees are relatively low. There are no commissions on trades, which is a big plus for investors. However, you will be charged fees for certain activities, such as margin fees, which range from 3.99% to 6.99%.

You'll also pay a 1% point spread on either side of a crypto trade. Additionally, Webull charges for transfers, with a normal ACH bank transfer costing nothing on their side, but potentially a fee from your bank. Wire transfers, on the other hand, will set you back $25 for domestic and $45 for international.

Here's a breakdown of Webull's fees:

Fractional Shares have become available on Webull's platform as of July 13th, 2021.

You can now trade fractional shares of stocks and ETFs with Webull, allowing you to own a portion of a share. The minimum amount required is $5 or 1/100,000 of a share.

You'll pay $0 in fractional share trade commissions, just like with full shares.

Free options trading is a game-changer for traders. Most brokers still charge a per contract fee, but not Webull.

Webull is one of the few options trading platforms that are truly free, making it a great choice for traders on a budget.

Currently, Webull fully supports up to Level 3 multi-leg strategies, giving traders a lot of flexibility with their trades.

Support for Level 4 and Level 5 options trades is coming soon, which will make Webull an even more attractive option for advanced traders.

To trade with borrowed money, you'll need a margin account, which requires a $2,000 deposit. This is the minimum amount you'll need to get started with margin trading.

Webull allows 4X margin intraday and 2X overnight, giving you more flexibility to trade with borrowed funds. However, keep a close eye on your account balance, as it may be forced to liquidate its holdings if it falls below $2,000.

Margin rates at Webull vary based on the amount you borrow, ranging from 5.24% to 9.24%.

Fees can be a bit of a surprise when you're trading, but don't worry, I've got the lowdown. There are some small fees associated with trading on Webull, including SEC and FINRA charges on trades.

These charges are tiny, but they add up. Margin fees also apply, ranging from 3.99% to 6.99%. And if you're trading crypto, you'll pay a 1% point spread on either side of the trade.

Wire transfers come with a fee of $25 for domestic transfers and $45 for international transfers. Your bank may also charge a fee for ACH bank transfers, although Webull itself doesn't charge anything.

Here's a quick rundown of the fees you can expect:

Webull is a member of the Securities Investor Protection Corporation (SIPC), which protects the securities of its customers up to $500,000.

You can rest assured that your money is protected by SIPC, but it's essential to note that this protection is limited to $250,000 for claims related to cash.

Webull also has an additional insurance policy through Apex Clearing Corporation, which provides protection for securities and cash up to an aggregate of $150 million.

This means that your investments are covered up to a certain limit, but it's still possible to lose money in the market, even with this protection in place.

The additional insurance policy has specific limits, including $37.5 million for any one customer's securities and $900,000 for any one customer's cash.

This extra layer of protection gives you peace of mind, knowing that your investments are safeguarded to a certain extent.

Day trading on Webull is allowed, but it comes with some restrictions. The pattern day trader rule (PDT) imposed by the U.S. Securities and Exchange Commission (SEC) requires a minimum of $25,000 in your stock trading account to day trade stocks.

If you have less than $25,000, you'll be flagged as a pattern day trader and can only trade a maximum of 3-day trades within 5 business days. This rule is in place to protect investors from excessive risk-taking.

The good news is that Webull's extended-hours trading allows you to trade pre and post-market, giving you more flexibility. You can trade from 4:00 AM to 9:30 AM ET (pre-market) and from 4:00 PM to 8:00 PM ET (after-market). This extended-hours trading can give you an additional time window for making trades.

Here's a summary of Webull's day trading hours:

Keep in mind that after-hours trading carries more risks due to less liquidity and higher volatility, so it's essential to be cautious.

Day trading is allowed on Webull, but it comes with some restrictions. The rules aren't imposed by Webull, but by the U.S. Securities and Exchange Commission (SEC).

You need to have a minimum of $25,000 in your stock trading account to day trade stocks without any issues. This is also known as the pattern day trader rule (PDT).

The FINRA rules offer a way to day trade with less than $25,000, but you can only trade a maximum of 3-day trades within 5 business days. This is a bit of a limitation, but it's better than nothing.

You can still day trade with less than $25,000, but you'll be flagged as a pattern day trader (PDT). This won't stop you from trading, but it's something to be aware of.

The normal stock market trading hours for the NYSE are from 9:30 AM to 4:00 PM EST, but there's more to trading than just these hours.

Pre-market trading hours on Webull allow you to buy and sell stocks from 4:00 AM to 9:30 AM ET, giving you a 5.5-hour window before the market opens.

After-market trading hours on Webull allow you to buy and sell stocks from 4:00 PM to 8:00 PM ET, giving you a 4-hour window after the market closes.

You can also trade US stocks and ETFs from 8:00 PM to 4:00 AM ET, Sunday through Thursday, thanks to Webull's new offering supported by Blue Ocean Technologies.

This extended trading window can give you an additional time window of new opportunities to make money in the stock market, but it's essential to note that after-hours trading carries more risks and dangers due to the less liquidity available and higher volatility.

Here are the extended trading hours on Webull:

Trading 24 hours a day can be a double-edged sword, offering the convenience of executing trades at any time but also presenting some significant drawbacks.

The market can be less liquid overnight, making it difficult to buy and sell certain stocks, and the bid-ask spread may be wider, costing you money.

You may not be able to trade on all the securities you want, especially smaller-cap stocks, which can be unavailable overnight.

The lack of liquidity also means prices can be volatile, with stocks soaring or plummeting after-hours but unaffected when the market opens the next morning.

Here are some key risks to consider:

The risks and drawbacks of 24-hour stock trading are numerous. Trading outside of regular hours can make it difficult to get a trade executed, but it also presents some other significant downsides.

Less liquid markets mean that stocks and securities may not be available for trading, or the bid-ask spread will likely be wider, costing you money. This lack of liquidity can also lead to uncertain prices, making it harder to make informed decisions.

The selection of securities available for trading is also limited overnight, so you may not be able to buy and sell certain stocks, even if they're major companies like Microsoft or Apple. This can be frustrating, especially if you're looking to trade a specific stock.

Higher volatility is another risk associated with 24-hour trading. Prices can soar or plummet overnight, but these changes may not be reflected when the market opens the next morning. This can make it difficult to adjust your strategy and make informed decisions.

The ability to trade on a whim can be a major drawback of 24-hour trading. Without the structure of regular trading hours, some traders may be tempted to make impulsive decisions, which can seriously hurt their bankrolls.

If you're a long-term buy and hold investor, Webull might not be the best fit for you. There are better options available.

Webull's free trading of stocks, ETFs, and options is a compelling offer, especially for those just starting out. This feature alone makes it worth considering.

However, if you need access to other investments like mutual funds, Webull isn't the platform for you. This limitation might be a deal-breaker for some investors.

Free trading of cryptocurrencies is also a notable feature of Webull. This can be a great option for those interested in diversifying their portfolio with digital assets.