Abstract:Webull Corporation (Webull), has introduced a 24-hour stock trading feature for its customers in Malaysia.
Webull Corporation (“Webull”), a technology-driven financial services company and owner of a US trading platform, has introduced a 24-hour stock trading feature for its customers in Malaysia. This move follows Webull's entry into the Malaysian market in May 2024, aimed at expanding local investors' access to US markets.
Previously, Malaysian retail investors using Webull's platform were limited to trading US stocks and ETFs during regular and extended market hours. With the new 24-hour trading feature, investors can now trade at any time, including a newly added overnight session for US markets. This significantly enhances trading flexibility for Malaysian investors, allowing continuous engagement with US markets.
In addition to extended trading hours, Webull offers several attractive features, such as zero commissions for the first 180 days, no platform fees, and the ability to purchase fractional shares starting from USD $5. These features are designed to make trading more accessible and affordable for retail investors.
Webull also provides free real-time market data for both Malaysian and US markets, along with an extensive suite of over 17 chart tools and 58 technical indicators. These tools are intended to help investors make informed trading decisions and enhance their overall experience. Users can trade popular stocks and ETFs, including Tesla, Nvidia, Microsoft, Amazon, Google, and SPY ETFs.
Kenneth Chan, CEO of Webull Malaysia, highlighted that the new feature enables seamless trading in US markets during Malaysian hours, effectively bridging the time zone gap. He noted significant interest in both Bursa Malaysia and US market trading since Webull's launch in Malaysia. Chan stated that by offering round-the-clock access, Webull aims to lower entry barriers and fulfill its commitment to making trading accessible and affordable for retail investors.
Webull's expansion extends beyond Malaysia. In Australia, the company has also introduced 24-hour trading for US equities and ETFs, initially covering over 60 stocks and ETFs, including well-known names like Tesla, Nvidia, and SPY. This service addresses the challenge of US market hours for Australian traders. According to Finance Magnates, this initiative enables Australian investors to participate in global markets without time constraints.
Rob Talevski, CEO of Webull Australia, emphasized that this service provides opportunities to take advantage of out-of-hours trading events and market developments. Webull is also planning further international expansion, with plans to enter South Korea's stock trading market, pending regulatory approval.
Through these strategic initiatives, Webull aims to establish itself as a leading global trading platform, offering unparalleled access and convenience to retail investors across various markets.
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