Robinhood is one of the most popular investment apps that offers commission-free trading. It has been a game-changer for many investors who were looking for an affordable way to invest in the stock market. However, as a new investor, it is essential to know the market hours of Robinhood. In this blog, we will discuss the opening hours of Robinhood in 2023.
What is Robinhood?
Robinhood is a trading app that allows investors to buy and sell stocks, ETFs, options, and cryptocurrencies. The app is designed to make investing accessible to everyone, regardless of their financial status. It offers commission-free trading, which means investors can buy and sell stocks without paying any fees.
Market Hours of Robinhood
Robinhood follows the standard market hours of the New York Stock Exchange (NYSE) and NASDAQ. The market opens at 9:30 am Eastern Time (ET) and closes at 4:00 pm ET from Monday to Friday, excluding holidays.
Apart from the regular market hours, Robinhood also offers extended-hours trading, which allows investors to trade before the market opens and after it closes. The pre-market session starts from 4:00 am ET to 9:30 am ET, while the after-hours session starts from 4:00 pm ET to 8:00 pm ET. However, it is essential to note that extended-hours trading has some risks, such as higher volatility and lower liquidity.
How to Check Robinhood Market Hours?
You can easily check the market hours of Robinhood on the app. Follow the below steps: 1. Open the Robinhood app 2. Click on the “Account” icon in the bottom right corner 3. Select “Stocks” 4. Choose the stock you want to trade 5. Scroll down to “Trading Hours” You can also check the market hours on the official website of Robinhood and other financial news websites.
In conclusion, knowing the market hours of Robinhood is crucial for investors who want to make informed investment decisions. The market hours of Robinhood follow the standard market hours of NYSE and NASDAQ. Additionally, Robinhood also offers extended-hours trading, which has some risks. You can easily check the market hours on the app or the official website of Robinhood. Happy investing!