What Is the Difference Between Trading in the 24-Hour Market and Trading During Regular Hours?
The two differ across several dimensions at once. On order type, the 24-Hour Market accepts Limit Orders only, while Regular Market hours accept Market, Limit, Stop, and Stop-Limit Orders. On validity, the 24-Hour Market is DAY only, whereas Regular hours allow either GTC or DAY. On timing, the 24-Hour Market covers 24 hours a day on weekdays, from Monday 08:00 WIB to Saturday 08:00 WIB, while Regular hours run 21:30–04:00 WIB, or 20:30–03:00 WIB under Daylight Saving Time. The market provider differs too: BlueOcean Technologies via Alpaca outside regular hours, NYSE and NASDAQ during them. Stock coverage is limited to stocks marked "24" versus all 650+ US Stocks and ETFs on Pluang, and liquidity is lower outside regular hours because there are fewer participants.
- Order type: Limit Orders only in the 24-Hour Market; all four types — Market, Limit, Stop, Stop-Limit — during Regular hours
- Order validity: DAY only in the 24-Hour Market; GTC or DAY during Regular hours
- Trading hours: 24 hours a day on weekdays, Monday 08:00 WIB to Saturday 08:00 WIB, versus 21:30–04:00 WIB (20:30–03:00 WIB under DST)
- Market provider: BlueOcean Technologies via Alpaca outside regular hours; NYSE and NASDAQ during them
- Stock coverage: limited to stocks marked "24" in the app, versus all 650+ US Stocks and ETFs on Pluang
- Liquidity: lower outside regular hours with fewer participants; higher during regular hours with institutional and larger volumes
- Who each suits: the 24-Hour Market suits investors wanting flexibility and the ability to react to global news; Regular hours suit those trading in high-volume periods with tighter spreads
Related questions:
Q: Which is better for me?
It depends on what you value. Regular hours give you the full order menu, GTC validity, every stock on the platform, and the tightest spreads because volume is highest then. The 24-Hour Market gives you the ability to react to news immediately at any point in the weekday cycle, at the cost of a narrower stock list, Limit-only orders, and thinner liquidity.
Q: Are the fees different between the two?
No. Trading through the 24-Hour Market carries the same fee structure as trading during Regular Market hours, so the choice between them is about order flexibility, liquidity, and timing rather than cost. Nothing extra is charged for using the extended sessions, and no discount applies to them either, whichever session your order happens to fill in. The transaction fee applies in exactly the same way in both.
Q: Why is liquidity lower outside regular hours?
Because far fewer participants are active. Regular Market hours draw institutional investors and large trading volumes concentrated into a single window, whereas the extended sessions attract a much smaller pool. Fewer buyers and sellers means a wider gap between bid and ask prices, and it can also mean your order waits longer before finding a counterparty. That is also part of why only Limit Orders are permitted in those sessions.
Q: Can I trade any stock in both?
No. Regular Market hours cover all 650+ US Stocks and ETFs available on Pluang. The 24-Hour Market's extended sessions are limited to stocks marked with a "24" symbol in the app, a narrower list chosen for having enough trading activity to support reasonable liquidity outside standard exchange hours rather than erratic overnight pricing. A stock without the marking still trades normally during the Regular Market session.