Global trading platform Webull has launched a 24-hour stock trading feature for its customers in Malaysia.
This development follows Webull’s recent entry into the Malaysian market in May 2024, aiming to enhance access to US markets for Malaysian investors.
The company had also appointed the Vice President of the Fintech Association of Malaysia Farah Jaafar as an Independent Non-Executive Director.
Previously, Malaysian retail investors using Webull could trade US stocks and ETFs only during regular and extended trading hours.
The new 24-hour trading feature allows trading at any time, including a newly introduced US overnight trading session, making trading available beyond regular US market hours.
Webull said that the feature is introduced in response to the strong interest from Malaysian retail investors in the US market.
It supports trading in popular stocks and ETFs such as Tesla, Nvidia, Microsoft, Amazon, Google, and SPY ETFs.
Additionally, Webull continues to offer zero commissions for 180 days, zero platform fees, the ability to own fractional shares from US$5, free real-time market data for both MY and US markets, and various chart tools and technical indicators.
This new feature also addresses the risk of price movements outside normal US market hours, providing price certainty and guaranteed next-day settlement of trades.
Kenneth Chan, CEO, Webull Malaysia, said,
“We are excited to announce the introduction of a 24-hour trading feature for the US markets, catering to retail investors in Malaysia. This feature will enable effortless trading in the US markets during Malaysian hours, effectively bridging the time zone gap.
Since launching our business, we have noticed a significant interest in both Bursa Malaysia and US market trading. By enabling around-the-clock access, we lower the barriers to entry and continue our commitment to making trading accessible and affordable for all retail investors.”
