Robinhood Introducing 24 Hour Market Trading for Select Stocks
Robinhood app on three phones

Robinhood Introducing 24 Hour Market Trading for Select Stocks

The popular stock trading app Robinhood is readying its latest feature, announcing that it will soon offer “24/5” trading with Robinhood 24 Hour Market. This new addition will allow customers to buy and sell stocks well outside of regular market hours.

Specifically, the 24 Hour Market trading hour will run from 8:00 p.m. Eastern on Sunday to 8:00 p.m. Eastern on Friday. Currently, regular Market Hours are 9:30 a.m. Eastern to 4:00 p.m. Eastern on weekdays, with Extended Hours going from 7 a.m. Eastern to 8 p.m. Eastern. According to the app, the new feature will begin rolling out to select customers on May 16th and will be available to all users in June.

With Robinhood 24 Hour Market, customers will be able to set limit orders (meaning they can dictate the highest price they’d purchase a share at or the lowest price they’d sell a share at) and choose whether to have those orders executed during Market Hours, Extended Hours, or during the 24 Hour Market. However, securities traded during the 24 Hour Market must be whole shares. Additionally, at launch, Robinhood will only support 24-hour trading on 43 of the most traded ETFs and stocks. These include the likes of Tesla ($TSLA), Amazon ($AMZN), Apple ($AAPL), and others. According to Robinhood, eligible securities will be differentiated in the app.

In a blog post announcing the feature, Robinhood wrote, “Market-moving news can also break anywhere and at any time. With 24 Hour Market, advanced traders have the flexibility to act in real-time, around the clock, managing their portfolio and adapting to new information, whenever it hits.”

The post also noted, “Robinhood’s 24 Hour Market levels the playing field so extended trading is no longer exclusively reserved for those operating on U.S. East Coast hours. You invest on your time.”

The Robinhood 24 Hour Market is only the latest feature the app has introduced in recent months. In January, the company officially debuted Robinhood Retirement, offering traditional and Roth IRAs to users, while also giving them to chance to earn a 1% “IRA Match” when making contributions. Elsewhere, Robinhood rolled out a non-custodial crypto wallet in March. This stand-alone app gives customers greater control over their cryptocurrency assets.

Get a Free Share of Stock

Not a Robinhood user? If you haven’t signed up yet just click the button to create an account and get a free share of stock just for opening an account with this Fioney link.

Although the Robinhood 24 Hour Market feature might not be the most exciting addition the app has ever introduced, it is a function that could certainly find a market. As for Robinhood itself, despite the app gaining a reputation for being slow to introduce requested features (especially crypto wallets), the FinTech has been on a bit of a tear lately. Unfortunately, that hasn’t allowed Robinhood’s stock to break out of the doldrums it’s found itself in for more than a year.

Still, regardless of its past missteps and controversies, Robinhood remains a popular option due to its user-friendly design and regular updates. On that note, with the 24 Hour Market about to make its debut, one has to wonder what the app will cook up next.

Author

Kyle Burbank

Head Writer ~ Fioney
Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan. In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Fioney's YouTube channel, which has garnered more than 2 million views. Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.

Other Articles by Kyle Burbank

$100 bill covered with wooden houses

Lessons From a First-Time Home Buyer: Average Annual Homeowner Expenses vs. Mine

In one of my daily searches for financial news recently, I came across a report from the site Real Estate Witch (which is owned by Clever Real Estate) detailing how much the average American homeowner spends on their house — not even including their mortgage. What it found was, heading into 2025, the average per year is a whopping $24,529. That figure is up significantly from the $17,958 annual average...
Fold Credit Card

Fold Open Waitlist for Its Bitcoin Rewards Credit Card

The Bitcoin rewards app Fold has launched a waitlist for its long-anticipated credit card. About the Fold Credit Card: Fold, in partnership with Visa, is preparing to debut the Fold Bitcoin Rewards Credit Card. This week, the app opened a waitlist for the new product. Those who sign up will gain early access to apply for the card upon launch. With the Fold Credit Card, members will earn unlimited 1.5%...
Fruituful app and charge card

Fruitful Introduces High-Yield Savings and Cash Back Charge Card

The financial advisory platform Fruitful has announced two new features for its members. About Fruitful's HSY and charge card: Members of Fruitful will now have access to two new products: Fruitful Cash Accounts and Fruitful Card. With Fruitful Cash, customers can earn 5% APY. Moreover, the account combines a high-yield savings account with checking account features. In fact, the Fruitful Cash account works in tandem with the new Fruitful Card....
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
Fioney Top 10 Must-Read Personal Finance Articles Septemeber 2024

Top 10 Personal Finance Articles of the Month — September 2024

Welcome to Fioney's look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them right here. This includes a mix of sites that have become staples of our lists as well as many first-timers. To start things off this month, we'll look at some articles...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...