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Abstract:eToro revolutionizes the online trading experience with extended stock trading hours. Breaking from traditional constraints, the platform provides flexibility for investors to access the market during convenient hours and react to out-of-hours events. Initial offerings include 10 high-performing US stocks and the company plans to add post-market functionality. eToro's initiative promises enhanced flexibility, reduced risk, and unprecedented user experience, paving the way for a brighter future in online trading.
In a significant boost to the world of online trading, renowned investment and trading platform eToro has broadened the horizons of the market with its newly unveiled extended stock trading hours. The move is set to revolutionize the trading experience, offering users the ability to buy and sell a curated selection of 30 premium US stocks beyond conventional trading hours.
Breaking away from the constraints of traditional trading hours, this groundbreaking innovation provides investors the flexibility to access the market during hours that are most convenient for them. This enhancement allows users to leverage out-of-hours trading events such as crucial earnings reports or major macroeconomic events.
To facilitate this expansion, eToro has provided a separate instrument for extended-hours stocks, distinct from in-hours investing. Initially, this will be available as a Contract for Difference (CFD), granting investors an additional three-hour window each day for pre-market trading. The company has also assured users that post-market functionality is on its immediate roadmap.
At its inception, ten high-performing stocks will be available for trading outside regular hours: Tesla, Amazon, Apple, Nio, Meta, Microsoft, Alphabet, Nvidia, GameStop, and Netflix, making this a truly attractive proposition for savvy investors.
Recently, eToro introduces 14 News Stocks and ETFs to its investment selection.
In response to this landmark development, UK Managing Director of eToro, Dan Moczulski remarked, “With US companies often releasing results and news outside market hours, significant price movement can occur before the opening bell. Pre-market trading allows retail investors to stay ahead by either getting in early or protecting themselves against market gaps via hedging.”
He further emphasized, “For many investors, accessing the US market is incredibly important, so this is an effort to provide US market investing with more sociable investing hours. The 24/7 crypto markets have demonstrated that greater access encourages more engagement, so with this offering, eToro clients will be able to invest when it best suits them, rather than waiting for markets to open.”
Among the numerous benefits of extended hours trading on eToro are real-time reactions to news events and data prints, devoid of any market schedule restrictions, and increased flexibility for those who wish to tailor their trading schedules. Additionally, it enables investors to react to global market trends set by earlier-starting markets and prepare for regular trading hours, reducing the risk associated with out-of-hours gap risks.
To help users easily identify stocks available for extended hours trading, they will be marked with the.EXT ticker for the respective stock on the eToro platform.
In terms of cost, eToro reassures its users that there will be no cost difference in fee terms between regular and after-hours traded instruments. However, due to trading liquidity variations, spreads may vary.
To stay up to date with the latest developments, users can download and install the WikiFX App on their smartphones using the following link: https://www.wikifx.com/en/download.html. This step heralds a new era in the world of online trading, promising enhanced flexibility, reduced risk, and a user experience unlike any other.
Indeed, with eToro's introduction of extended stock trading hours, the future of online trading looks brighter than ever.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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