Best pre market brokerage

Online Stock Brokers Offering Extended Hours (After Market and Pre Market) Trading


2019 list of top online stock brokerage firms offering premarket and aftermarket trading. Additional surcharges, commissions, fees charged on extended hours (after hours) trades by TD Ameritrade, ZacksTrade, Charles Schwab, Etrade, Fidelity, Interactive Brokers, Merrill Edge/Lynch, Ally Invest, Tradestation, Lightspeed Trading, Vanguard, and Wells Fargo (Wellstrade).



WeBull
Review
WeBull Extended Hours Trading

WeBull rating

Webull

WeBull
Review


WeBull extended hours trading period: 4:00 am - 9:30 am, 4:00 pm - 8:00 pm EST.

WeBull after-hours and pre-market trading fee: none. WeBull offers $0-commissions on all securities (there is no catch)

WeBull extended hours trading review »
Ameritrade
Review
TD Ameritrade Extended Hours Trading

TD Ameritrade rating

TD Ameritrade

TD Ameritrade
Review


TD Ameritrade extended hours trading period: 7:00 am - 9:28 am, 4:02 pm - 8:00 pm EST. 24 hours a day and 5 days per week for some securities

TD Ameritrade after-hours and pre-market trading fee: none

TD Ameritrade extended hours trading review »
Ally Invest
Review
Ally Invest Extended Hours Trading

Ally Invest rating

Ally Invest

Ally Invest
Review


Ally Invest extended hours trading period: 8:00 am - 9:30 am, 4:00 pm - 5:00 pm EST

Ally Invest after-hours and pre-market trading fee: none

Ally Invest extended hours trading review »
TradeStation
Review
TradeStation Extended Hours Trading

Tradestation rating

TradeStation

TradeStation
Review


TradeStation extended hours trading period: 8:00 am - 9:30 am, 4:00 pm - 8:00 pm EST

TradeStation after-hours and pre-market trading fee: none

TradeStation extended hours trading review »
Schwab
Review
Charles Schwab Extended Hours Trading

Charles Schwab rating

Charles Schwab

Charles Schwab
Review


Charles Schwab extended hours trading period: 8:00 am - 9:25 am, 4:15 pm - 8:00 pm EST

Charles Schwab after-hours and pre-market trading fee: none

Charles Schwab extended hours trading review »
Etrade
Review
Etrade Extended Hours Trading

Etrade rating

E*trade

Etrade
Review


Etrade extended hours trading period: 7:00 am - 9:30 am, 4:00 pm - 8:00 pm EST

Etrade after-hours and pre-market trading fee: $0.005 per share for extended hours

Etrade extended hours trading review »
Fidelity
Review
Fidelity Extended Hours Trading

Fidelity Investments rating

Fidelity

Fidelity
Review


Fidelity extended hours trading period: 7:00 am - 9:28 am, 4:00 pm - 8:00 pm EST

Fidelity after-hours and pre-market trading fee: none

Fidelity extended hours trading review »
TIAA
Review
TIAA Extended Hours Trading

TIAA brokerage rating

TIAA CREF

TIAA
Review


TIAA Extended Hours Trading is not offered

TIAA after-hours and pre-market trading fee: none

TIAA extended hours trading review »
IB
Review
IB Extended Hours Trading

Interactive Brokers rating

Interactive Brokers

IB
Review


Interactive Brokers extended hours trading period: 8:00 am - 9:30 am, 4:00 pm - 8:00 pm EST

Interactive Brokers after-hours and pre-market trading fee: varies
USAA Brokerage
Review
USAA Brokerage Extended Hours Trading

USAA rating

USAA

USAA Brokerage
Review


USAA Investments Extended Hours Trading is not offered

USAA Investments after-hours and pre-market trading fee: none
Firstrade
Review
Firstrade Extended Hours Trading

Firstrade rating

Firstrade

Firstrade
Review


Firstrade extended hours trading period: 8:05 am - 9:25 am, 4:05 pm - 5:25 pm EST

Firstrade after-hours and pre-market trading fee: none

Firstrade extended hours trading review »
TastyWorks
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TastyWorks Extended Hours Trading

TastyWorks rating

Tastyworks logo

TastyWorks
Review


TastyWorks extended hours trading period: 7:00 am - 9:25 am, 4:05 pm - 6:30 pm EST

TastyWorks after-hours and pre-market trading fee: none

TastyWorks extended hours trading review »
ZacksTrade
Review
ZacksTrade Extended Hours Trading

ZacksTrade rating

Zackstrade logo

ZacksTrade
Review


ZacksTrade extended hours trading period: 8:00 am - 9:30 am, 4:00 pm - 8:00 pm EST

ZacksTrade after-hours and pre-market trading fee: none
Siebert
Review
Muriel Siebert Extended Hours Trading

Muriel Siebert rating

Muriel Siebert

Muriel Siebert
Review


Muriel Siebert extended hours trading period: only phone orders 7:30 am - 9:15 am, 4:00 pm - 8:00 pm EST

Muriel Siebert after-hours and pre-market trading fee: 3 cents per share to buy or sell any exchange-listed stock of any price, with an overriding minimum of $75 per trade
WellsTrade
Review
Wells Fargo Extended Hours Trading

Wellstrade rating

Wellstrade

WellsTrade
Review


Wells Fargo extended hours trading period: 8:00 am – 9:25 am and 4:05 pm – 5:00 pm

Wells Fargo after-hours and pre-market trading fee: none

WellsTrade extended hours trading review »
Vanguard
Review
Vanguard Extended Hours Trading

Vanguard rating

Vanguard

Vanguard
Review


Vanguard extended hours trading period: no pre-market trading, 4:00 pm - 8:00 pm EST

Vanguard after-hours and pre-market trading fee: none

Vanguard extended hours trading review »
Lightspeed
Review
Lightspeed Extended Hours Trading

Lighspeed Trading rating

Lightspeed

Lightspeed
Review


Lightspeed extended hours trading period: 4:00 am - 9:30 am, 4:00 pm - 8:00 pm EST

Lightspeed after-hours and pre-market trading fee: none
Robinhood
Review
Robinhood Extended Hours Trading

Robinhood Trading rating

Robinhood

Robinhood
Review


Robinhood extended hours trading period: 9:00 am - 9:30 am, 4:00 pm - 6:00 pm EST

Robinhood after-hours and pre-market trading fee: none

Robinhood extended hours trading review »
Merrill Edge
Review
Merrill Edge Extended Hours Trading

Merrill Edge rating

Merrill Edge

Merrill Edge
Review


Merrill Edge extended hours trading period: 7:30 am - 9:30 am, 4:01 pm - 8:00 pm EST

Merrill Edge after-hours and pre-market trading fee: none

Merrill Edge extended hours trading review »
SpeedTrader
Review
SpeedTrader Extended Hours Trading

Speedtrader rating

SpeedTrader

SpeedTrader
Review


SpeedTrader extended hours trading period: 8:00 am - 9:30 am, 4:00 pm - 8:00 pm EST

SpeedTrader after-hours and pre-market trading fee: none



Pre Market and After Hours Trading


Did you know that you can trade stocks before the market opens and after it closes? Known as pre-market and after-hours trading, these two sessions open up more possibilities for both profit and risk.

Regular stock market trading hours are 9:30 am to 4:00 pm EST Monday to Friday, and the market is closed on weekends. On most U.S. holidays stock market is closed too, but on some holidays it stays open with shortened trading hours: 9:30 am - 1:00 pm EST.

Trading outside regular stock market hours of 9:30 am to 4:00 pm EST is called Extended Hours Trading. This trading occurs on private trading systems, known as electronic communication networks or ECNs. Extended Hours Trading consists of Pre-market and After-hours trading.

Pre-market trading is trading that occurs before stock market opens at 9:30 am EST. Many brokerage firms offer it. The most common time period for it is 8:00 am - 9:30 am EST (with few brokerage firms offering Pre-market trading starting from 7:00 am EST.

After-hours trading is trading that occurs after stock market closes at 4:00 pm EST. Majority of online brokers offer After-hours trading, and the most common time period for it is from 4:00 pm to 8:00 pm EST.

Extended Hours Trading has very low volume comparing to regular market hours trading. Because of that, investors should almost never use market orders and instead use limit orders when trading during that time.

In the table above you will find the list of online stock brokerage firms that offer after hours and pre-market trading along with time periods they set for it. Only Capital One Investing (Sharebuilder) and TIAA do not offer extended hours trading at this time.

The list also contains the surcharges/additional fees for extended hours trading that these investment firms are charging their customers. As you see, trading at extended hours is extremely expensive with some of these firms.





Extended-Hours Trading


The equity market in the U.S. is normally open for business Monday through Friday from 9:30 am to 4:00 pm, EST. An additional 1½-hour session is available before the market opens, while a 4-hour session creates more opportunity after the market closes. These time slots are just for professional traders. Home gamers can participate, too.

Keep in mind that brokers sometimes impose additional restrictions during these trading times. Fidelity, for example, requires all orders to be submitted as limit orders. Charles Schwab places a maximum of 5,000 shares on extended-hours trades.

In order to gain the privilege of trading during extended hours, you may have to make a special request to your broker, talk to a company representative over the phone, or sign a form stating that you have read and agree to an Electronic Communication Network (ECN) agreement.  


Risks Of Extended-Hours Trading


There are various risks associated with extended-hours trading. There is less trading during these times, which means the bid-ask spread for a security will be larger. A wider bid-ask spread means the stock will be more expensive to buy, or you’ll get less when you sell it. The price difference could be as much as 2-3% compared to the regular session. If you use a limit order during extended hours to protect the price you want, the order may not be filled, or it may only be filled partially.

Pre-market and after-hours periods also tend to have significantly higher volatility. Traders during these times are often professional money managers, so the people you would be trading against tend to be highly skilled and experienced.

Typically, orders that don’t get filled in extended hours will not be carried over to the regular session. This is very important to keep in mind. If you want the order to execute, you may have to submit it again during the regular session. Be sure to check with your broker to determine what its policy is on this important issue.


Advantages Of Extended-Hours Trading


Despite the hazards of extended hours, the two sessions create important opportunities. For example, companies often report their earnings after the market closes. The ability to trade a stock before the regular period opens the following morning allows you to legally get in on the price movement, whether up or down, before other traders do in the regular session.

Economic indicators are sometimes released by the federal government in the morning, before 8:30 am. These news releases can and do affect equity prices, sometimes significantly. Placing trades before the regular session reacts can be a profitable strategy.


After Hours and Pre Market Trading Fees and Cost


Some brokers may charge additional fees for extended-hours privileges. TD Ameritrade and Fidelity do not. E*Trade customers must pay an additional 0.5¢ per share for all orders that are filled in extended hours.