TD Ameritrade 300

Wells Fargo Extended Hours Trading (Pre Market and After Hours)


2021 Wellstrade extended hours trading fees, broker surcharge, and time period. How to enter Wellstrade pre market and after market buy/sell orders/trades.



What Time Does Wellstrade Starts Trading?


Wells Fargo starts trading at 9:30 am, EST. To compare, $0-commission broker Webull’s pre-market session opens at 4:00 am, EST. Also, see all Stock brokers extended trading hours.


WeBull Promotion


Open WeBull Account



Wells Fargo Extended-Hours Trading Time


WellsTrade does NOT offer its customers the ability to buy and sell stocks and ETF’s during both the pre-market and after-hours sessions. The broker only provides trading from 9:30 am until 4:00 pm. Webull not only offers longer extended-hours period (4:00 am until 8:00 pm, EST) but also paper trading and excellent trading platform, all of which are not available on Wellstrade.


Compare Wells Fargo After Hours Trading


These periods are a little shorter compared to what E*Trade offers: 7 am until market open, and then from market close until 8 pm. One advantage that WellsTrade offers over E*Trade, however, is that the former does not impose any additional commission on extended-hours trades. E*Trade, by comparison, charges 0.5 cents per share for every order that is executed outside of regular trading hours.

TD Ameritrade’s pre market trading starts at 7:00 am and after-market trading last until 8:00 pm (24 hours per day, 5 days a week trading is available on some securities). There is $0 commission to trade extended hours with the broker.


How to Enter Extended-Hours Orders at WellsTrade


WellsTrade’s order technology does not have the ability to place trades outside of normal market hours. Customers must call the broker on the phone and submit the order verbally. Normally, the broker charges $25 for an agent-assisted trade. But for extended-hours trades, the surcharge is waived. There is no need to sign any special forms to trade outside of normal market hours.

In extended-hours sessions, WellsTrade accepts limit orders for Nasdaq or other listed securities. Market orders, bulletin board stocks, pink sheet equities, or other OTC securities are not permissible during the pre-market or after-hours period.

WellsTrade clients who decide to trade in the extended-hours periods have access to 24/7 customer support over the phone, which means orders can be placed around the clock.


Recommended Articles


Wells Fargo vs Ally Invest
Wellstrade versus TD Ameritrade
Wells Fargo assets under management


Hazards of Extended Hours Trading


The broker warns its clients about the hazards of extended-hours trading, and there are many. First and foremost is the lack of liquidity. Extended-hours periods usually have fewer participants, which means a limited number of buyers if you’re trying to sell, or fewer sellers if you’re trying to buy. This could make it hard to find the counter-party to your desired trade.

There is also increased volatility outside of normal market hours. This means prices can swing more significantly in the pre-market and after-hours periods. Greater price swings can mean that your order is filled further from where you want.

Bid-ask spreads are also wider outside of normal trading hours. This situation makes it more expensive to buy and sell securities.


Advantages of Extended Hours Trading


Despite the risks of extended-hours trading, there are definitely important advantages. For instance, the government frequently releases economic news before the market opens. These releases can affect stock prices. Traders who have access to the pre-market session can buy or sell before everyone else does at 9:30 am when the market opens.

Companies also release quarterly earnings after the bell or during the pre-market session. Sometimes these announcements will cause a major price change in the company’s stock. Having the ability to trade before the market is open can lead to significant profits.