A Guide to US Pre-Market and After-Hours Trading: Trading Hours, Rules, and Risk Management
<div data-page-id="XhR0dI3RUoG1eJxuywBu4naGsLc" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-L4GfdoLMBooT8RxWvU4uHhcZsyd"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-IrVWdbQqnofIrUxpOYLuWK3psBe" data-list="bullet"><div><span style="font-size: 16px;">Extended trading sessions: US pre-market and after-hours trading allows investors to buy and sell stocks outside regular trading hours, which run from 9:30 am to 4:00 pm ET. Pre-market trading runs from 4:00 am to 9:30 am ET, while after-hours trading runs from 4:00 pm to 8:00 pm ET.</span></div></li><li class="ace-line ace-line old-record-id-JSSsds8Viot7wzx42iAu4cFms6e" data-list="bullet"><div><span style="font-size: 16px;">Trading rule limitations: Pre-market and after-hours trading generally supports limit orders only. Orders are matched through electronic communication networks (ECNs), are usually valid only during the corresponding session, and market liquidity is significantly lower than during regular hours.</span></div></li><li class="ace-line ace-line old-record-id-RnCTdnE4lomdhFxhnqKuPQMhs6g" data-list="bullet"><div><span style="font-size: 16px;">Key advantages: Investors can respond quickly to earnings releases, major news, and other unexpected events, reduce gap risk, and access more flexible trading hours.</span></div></li><li class="ace-line ace-line old-record-id-J7SddAGdCo7EuYxWmOHudOLOsAc" data-list="bullet"><div><span style="font-size: 16px;">Risks to watch: Investors may face significantly lower liquidity, sharper price volatility, wider bid-ask spreads, information asymmetry, and a higher risk of orders not being filled.</span></div></li></ul><div class="ace-line ace-line old-record-id-D8YodqW9LoTiDwxJtjBuiNAesFh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-KAY7dhs7ao5FwRxLcHhux2oTsCv"><strong>1. What Is US Pre-Market and After-Hours Trading?</strong></h2><div class="ace-line ace-line old-record-id-WPw3deqvCoYfY8xMM8juZGDFsHe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SdRNdXipyoX2qFxVZkTu8CVusLc"><span style="font-size: 16px;">US pre-market and after-hours trading refers to stock trading conducted outside regular market hours. Unlike traditional stock markets that only operate during fixed trading hours, the US stock market offers extended trading sessions, allowing investors to continue trading before the market opens and after it closes.</span></div><div class="ace-line ace-line old-record-id-KfmydnFB1ojVTcxwdn4u24bWsDM"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O4I8dy7pWoFMZ8xeJJEu23Idsqe"><span style="font-size: 16px;"><strong>Regular trading hours:</strong> 9:30 am – 4:00 pm ET (9:30 pm – 4:00 am next day Beijing Time during daylight saving time; 10:30 pm – 5:00 am next day Beijing Time during standard time)</span></div><div class="ace-line ace-line old-record-id-E2kkdhCmOo4EjoxWRMDu5dxGsoe"><span style="font-size: 16px;"><strong>Pre-market trading hours:</strong> 4:00 am – 9:30 am ET (4:00 pm – 9:30 pm Beijing Time during daylight saving time; 5:00 pm – 10:30 pm Beijing Time during standard time)</span></div><div class="ace-line ace-line old-record-id-JCGrdXt4roqrQaxTG9aurtdYsah"><span style="font-size: 16px;"><strong>After-hours trading hours:</strong> 4:00 pm – 8:00 pm ET (4:00 am – 8:00 am Beijing Time during daylight saving time; 5:00 am – 9:00 am Beijing Time during standard time)</span></div><div class="ace-line ace-line old-record-id-KRrldiDSVo9Oegx3YpVurGgBscd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MSs6dtR4BoTmSPxDD31umiTls5X"><span style="font-size: 16px;">This extended trading mechanism was originally designed for institutional investors. However, with the development of electronic trading platforms, retail investors can now also participate in pre-market and after-hours trading through brokers that support this function. MEXC provides users with convenient US stock trading services, helping them capture trading opportunities during pre-market and after-hours sessions.</span></div><div class="ace-line ace-line old-record-id-Kykkdk6T1o5yXhxMdyhuANs1szc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZtU7dewFLoKRCexKZ7FunSAqsSc"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&BTNURL=<span style="color:rgb(100,37,208)"><u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u></span>*</span></div><div class="ace-line ace-line old-record-id-Ta8DdoeAkoUGFrxSTdIu3jnfsce"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-F9KFdjYzno9Ub3xHsXruZKh5s6c"><strong>2. How US Pre-Market and After-Hours Trading Works</strong></h2><div class="ace-line ace-line old-record-id-ZodwdkIp4o5zUmxjrjeuMENGsMZ"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UU8Wd58tOoHsopxB5JhusGzks7f"><span style="font-size: 16px;">2.1 Special trading mechanism</span></h3><div class="ace-line ace-line old-record-id-IBscdNgQmoiJjBxjpTluu7amsMh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SrBqdYSAwoM22IxLa0EuDXuCsEA"><span style="font-size: 16px;">Pre-market and after-hours trading is mainly conducted through electronic communication networks (ECNs), which automatically match buy and sell orders. This is different from regular trading hours, when orders are matched through exchanges such as the <a data-lark-is-custom="true" href="https://www.nyse.com/index">New York Stock Exchange</a> (NYSE) and <a data-lark-is-custom="true" href="https://www.nasdaq.com/">Nasdaq</a>. Because there are fewer participants during extended hours, market liquidity is significantly lower, creating several unique trading characteristics.</span></div><div class="ace-line ace-line old-record-id-CUhLdlhYgoJgoRxjZSYuX2dxsCK"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AHrVdNvXdoEgbjxiQiau6W6QsVc"><span style="font-size: 16px;">2.2 Limit order trading rules</span></h3><div class="ace-line ace-line old-record-id-KD2fduHOioCvtpx1J3Ru3skHsog"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SGl5dUL5coNERLxR4cgur65tssc"><span style="font-size: 16px;">During pre-market and after-hours trading, investors can generally use limit orders only. Market orders are usually not supported. This rule is designed to protect investors from sharp price fluctuations in low-liquidity environments. A limit order requires you to specify the exact price at which you want to buy or sell. The order will only be executed when the market price reaches your specified price or a better price.</span></div><div class="ace-line ace-line old-record-id-SIfjdHGptoyDVgx7SoeuWLY8smb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZmLRdGOBvon8oDxVpZbuCenqsOb"><span style="font-size: 16px;">2.3 Order validity restrictions</span></h3><div class="ace-line ace-line old-record-id-E2vLdyOMGomWcwxJJUyuCW8FsSd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UZFDdjoWioUexpxYKDJui9K0snY"><span style="font-size: 16px;">Pre-market and after-hours orders are usually valid only during the corresponding session. If you place an order during the pre-market session and it is not filled, the order will not automatically carry over into the regular trading session unless you specifically select an all-session validity option, such as "pre-market + day + after-hours."</span></div><div class="ace-line ace-line old-record-id-FUx1dwpoFoxMdbxnszmunRX0sJe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Bm7fdmbr9opIWCxVJxjuY56asCc"><strong>3. Why Participate in US Pre-Market and After-Hours Trading?</strong></h2><div class="ace-line ace-line old-record-id-Sr7ndh3GXo68WhxEMHxuZd0HsdK"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-PtdddAC4Fo9PIlxnUITuoJDos1g"><span style="font-size: 16px;">3.1 Respond to major news in time</span></h3><div class="ace-line ace-line old-record-id-ODRVdFfIfoNyItxVEjxuc7Uns5e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AwPbd2pIxoLiixxTYbHuKJ8bste"><span style="font-size: 16px;">Many important company announcements, earnings reports, and economic data releases occur before the market opens or after it closes. Pre-market and after-hours trading allows investors to respond to this information immediately instead of waiting until the next regular market open.</span></div><div class="ace-line ace-line old-record-id-CHBXdbfCKoDQVFxWwzPubU2nsCf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H3AudPPmKoe2lgxupMRuFQbvsTd"><span style="font-size: 16px;">For example, technology giants such as Apple and Tesla often release quarterly earnings after the market closes. If earnings exceed expectations, investors may choose to buy immediately during the after-hours session. If the results disappoint, they may also reduce exposure before the next regular session opens.</span></div><div class="ace-line ace-line old-record-id-NWNydxP0Ho7tyoxvENQulqhQszE"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ONEFdI5tSopE59xHHYautN5Is0b"><span style="font-size: 16px;">3.2 Adapt to global market movements</span></h3><div class="ace-line ace-line old-record-id-MdRZdBpMioa4RQx9WK9uzEG6s6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BGPpdJHwwocPdqxdvhQu0KjDs4g"><span style="font-size: 16px;">US stocks are closely connected with other global markets. Major developments in European and Asian markets may occur before the US market opens. Pre-market trading allows investors to adjust their positions in advance based on international market movements.</span></div><div class="ace-line ace-line old-record-id-G4bJdYFTfowKxExcG0huopx6snh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Nysmdvcu0o3FOvxAWXXuhblasvd"><span style="font-size: 16px;">3.3 Greater time flexibility</span></h3><div class="ace-line ace-line old-record-id-MmAid7pLWoN5pxxtEKFuwZsPsch"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GfVtdXWD3o0PVVxvWfLuV2xBsNf"><span style="font-size: 16px;">For investors who are busy during the day, pre-market and after-hours trading provides more flexible trading hours, allowing them to manage their portfolios at a time that better fits their schedule.</span></div><div class="ace-line ace-line old-record-id-IjpVdhZhnoGqrgx5vfTuXfOostc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YDBodgYMJoXNErxDdYfurrabs7c"><strong>4. Advantages of US Pre-Market and After-Hours Trading</strong></h2><div class="ace-line ace-line old-record-id-RpS4d9eJcoEqRixqeZBuH34Xszh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-B3Kkdbo0do1Uqzxc9Q0uDb2ksmb"><span style="font-size: 16px;">1. Early access to opportunities. After major news is released, pre-market and after-hours trading may allow investors to open or close positions before most market participants, allowing investors to react earlier to market-moving developments.</span></div><div class="ace-line ace-line old-record-id-ZObpdQbY9oLt4rx00cxuvIVAsJe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YRHCda2Zioz8vkxvWqduSRtqswf"><span style="font-size: 16px;">2. Reduced gap risk. If negative news about a stock you hold is released after the market closes, selling during the after-hours session may help you avoid a sharp gap-down at the next market open.</span></div><div class="ace-line ace-line old-record-id-Sjs8dJqmAotlFMxZffYuPRYUs0A"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AT1Id7eoUoKguOxx0VnudZCxsth"><span style="font-size: 16px;">3. Price discovery. Price movements during pre-market and after-hours sessions reflect the market's initial reaction to new information and can provide a reference for the opening price during regular trading hours.</span></div><div class="ace-line ace-line old-record-id-L2v6df5qeotnwQxOLczuO2NvsMe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SFkSd3SWbo9EkDxKiyvuaDn7sEc"><span style="font-size: 16px;">4. Less exposure to intraday noise. Trading during extended hours may help investors avoid some of the volatility seen during regular hours and execute their planned strategies with a more stable mindset.</span></div><div class="ace-line ace-line old-record-id-UU2OdUAEWoyAChxmPz3uHqpWsnb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Hg3ndjnBBoQWqSxYkTNuvz0GsXc"><strong>5. Risks of US Pre-Market and After-Hours Trading</strong></h2><div class="ace-line ace-line old-record-id-Zu6jdVdMmoHBdFx88QMuzA3nsfc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FVQWdpMjqoZwkCxUrYFumltRsFf"><span style="font-size: 16px;">1. Significantly lower liquidity. Because there are fewer participants, some stocks may have little or no trading activity, or very sparse bid and ask quotes, making it difficult for orders to be filled.</span></div><div class="ace-line ace-line old-record-id-XB18d9bESoBlg4xQ7IruZMzdswf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V1BKdlZJ1olD6xxdkKBuPKxWsTc"><span style="font-size: 16px;">2. Sharper price volatility. In a low-liquidity environment, even a small number of orders may cause large price movements. A trade of several thousand shares may push a stock up or down by several percentage points within a short time.</span></div><div class="ace-line ace-line old-record-id-H6rmdxCaloXZQZxta14uksWDsqf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OgS0dM8gVo0t5PxuXhIuvx1zsih"><span style="font-size: 16px;">3. Wider bid-ask spreads. The gap between the bid price and ask price is usually much wider during pre-market and after-hours sessions than during regular trading hours. This means that even if your order is filled, your trading cost may be higher.</span></div><div class="ace-line ace-line old-record-id-SMe5duPNjol9KExBCFxuqJC9sPf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O7LhdYhB6o9mTUxKJg3ur9nSskb"><span style="font-size: 16px;">4. Information asymmetry. Institutional investors and professional traders can often access and interpret information faster. During pre-market and after-hours trading, ordinary investors may be at an information disadvantage.</span></div><div class="ace-line ace-line old-record-id-Qd2Tdqhf2ov1WZxqwi1uohU7sTg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OyYFdLdnooG9zcx7P0EuQGDdsif"><span style="font-size: 16px;">5. Potentially misleading prices. Extended-hours prices may not fully reflect where a stock ultimately trades once regular-session liquidity returns. Prices formed under low trading volume may be quickly corrected after the market opens.</span></div><div class="ace-line ace-line old-record-id-ABeAdGIUvo9UZNxxBCyu6L2kshe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PZzrdBNMPoxre2xEUSMuV31NsXd"><span style="font-size: 16px;">6. No guarantee of execution. Since only limit orders are generally supported, your order may remain unfilled if the market price does not reach your specified level, causing you to miss the trading opportunity.</span></div><div class="ace-line ace-line old-record-id-UISRdEHDOoJV0RxNg97u7qrLsRf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-TnGFdQTrjoGlhaxssBFu93G8sKd"><strong>6. How to Participate in US Pre-Market and After-Hours Trading</strong></h2><div class="ace-line ace-line old-record-id-BHRXdxTBmonAmqxY92bujNvQsHg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G0n1dM1WQokcWVx6Be7uvkU5spb"><span style="font-size: 16px;">1. Choose a suitable broker. Not all brokers support pre-market and after-hours trading. Even when they do, trading hours and fees may vary. Through its cooperation with licensed brokers, MEXC provides users with comprehensive US stock trading services and supports pre-market and after-hours trading, helping investors capture market opportunities across extended sessions.</span></div><div class="ace-line ace-line old-record-id-IHeBdVomAotyVjxdlC4ukUuSsCj"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ms3zdLGEbozkbAxotmbuBiK3syc"><span style="font-size: 16px;">2. Set limit prices carefully. When placing an order, set a reasonable limit price to avoid accepting unfavorable prices just to complete the trade. You may refer to the regular session's closing price and real-time pre-market or after-hours quotes when setting your price.</span></div><div class="ace-line ace-line old-record-id-FflKdrx91owHOjxDh28uBhxjsJg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PUCodWfv5o7dD7xmCP6uhj1Oszg"><span style="font-size: 16px;">3. Control trade size. Due to liquidity risk, it is advisable to reduce the size of individual trades during pre-market and after-hours sessions to avoid difficulty in execution or excessive price impact.</span></div><div class="ace-line ace-line old-record-id-KGw0dMQVyoGseZxgzCauAdrmsbX"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Rniwd2g4QoJGAsxQiLHu5roasce"><span style="font-size: 16px;">4. Use stop-loss strategies. To avoid unexpected losses, investors should set reasonable stop-loss levels when participating in pre-market and after-hours trading to limit potential downside.</span></div><div class="ace-line ace-line old-record-id-PIjmdeEYtoLprvxM924usNVusqd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UwDLdLjfToLMy9xvC2IuGpV6smc"><span style="font-size: 16px;">5. Follow news and announcements. Pre-market and after-hours trading is highly driven by breaking news. Make sure you fully understand the information behind price movements and avoid blindly following the market.</span></div><div class="ace-line ace-line old-record-id-Mkl6dT73qot4xGxNW64uj3q6sZc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DW4IdijlUoVJD9x6421urJZXsGe"><span style="font-size: 16px;">6. Avoid small-cap and low-liquidity stocks. Large blue-chip stocks usually have better liquidity during pre-market and after-hours sessions. Small-cap and less actively traded stocks carry higher risks during extended trading hours.</span></div><div class="ace-line ace-line old-record-id-GokrdvEewo5OAtxJCh0u2QjnsPe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-DDHqdCvbJoxK4uxH8ZguioZBsMd"><strong>7. How to View US Pre-Market and After-Hours Data</strong></h2><div class="ace-line ace-line old-record-id-LbY5dZSRCopTm4x96YGuaQFGsgf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ENaYd9JZuon6nCxG5lOuG9Z7sYc"><span style="font-size: 16px;">Most financial websites and trading platforms provide real-time pre-market and after-hours quotes. MEXC offers comprehensive market data services, allowing users to view US stock pre-market and after-hours market data, including latest price, trading volume, bid and ask quotes, and other key information to support more informed trading decisions.</span></div><div class="ace-line ace-line old-record-id-CivodmP0boOfzlxrYvcupQh2sH2"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-OxBDd4OAXoImIyxm0C6uDPkhsll"><strong>8. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-XDYldPhpJoN1TuxLbYtu29iPsjf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-QOzgdDJA0o2UnXxY6huuHpDAs0f"><span style="font-size: 16px;">8.1 What time does US pre-market trading start?</span></h3><div class="ace-line ace-line old-record-id-XTUCdZnAro6spkxzvuquIMchsEg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Gxa8dAZMxonhu2xVpq7udkR6sUc"><span style="font-size: 16px;">Direct stock market access on MEXC supports pre-market trading from 4:00 am to 9:30 am ET. This corresponds to 4:00 pm – 9:30 pm Beijing Time during daylight saving time and 5:00 pm – 10:30 pm Beijing Time during standard time.</span></div><div class="ace-line ace-line old-record-id-RiUddc7nCoCnwJx7E0mup9b8sKl"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BUSUdTNiToKbELxGULpueRxCseg"><span style="font-size: 16px;">8.2 Can US stocks be traded after hours?</span></h3><div class="ace-line ace-line old-record-id-UO54dHJIEoZvjrx3xkdutplJsGh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RblKdlywnoRZjCxZrMQuJHQasXh"><span style="font-size: 16px;">Yes. Direct stock market access on MEXC supports after-hours trading. US after-hours trading runs from 4:00 pm to 8:00 pm ET. This corresponds to 4:00 am – 8:00 am Beijing Time the next day during daylight saving time and 5:00 am – 9:00 am Beijing Time the next day during standard time.</span></div><div class="ace-line ace-line old-record-id-P9Mbdclb6oKFSJx4nMnuTJrNsdd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-LJ1MdxJ7Soq4ptxD57LuIE1vsHb"><span style="font-size: 16px;">8.3 What are the restrictions on US pre-market and after-hours trading?</span></h3><div class="ace-line ace-line old-record-id-Ukwydmi3Poya9ex6NQqubnDrsPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EaXud4ibXot7X1xNbxAuAblCs1d"><span style="font-size: 16px;">The main restrictions include: limit orders only, usually lower trading volume, not all stocks are active, orders are valid only during the corresponding session unless an all-session option is selected, wider bid-ask spreads, and significantly lower liquidity than during regular trading hours.</span></div><div class="ace-line ace-line old-record-id-X1yOdR7ZWoKYVGx4goYuR3S0ssh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EXP7dKVXaoEy1Nx74zkupuIssko"><span style="font-size: 16px;">8.4 How soon can I sell a US stock after buying it?</span></h3><div class="ace-line ace-line old-record-id-BTc9dFRauoGyVXxOpGMuOTlDsGc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RVXcdAOPhowwv1xWqaEukPiDsDf"><span style="font-size: 16px;">In the US stock market, you can sell a stock immediately after buying it, as US stocks follow a T+0 trading system. This gives investors greater flexibility, especially during pre-market and after-hours trading, allowing them to respond quickly to market changes.</span></div><div class="ace-line ace-line old-record-id-EMIadpxGAoxQQtxQGqZuOCyCsBc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-TJaQdlGkGoCI5SxrLmXu3YKgs15"><span style="font-size: 16px;">8.5 Do pre-market and after-hours prices affect the opening price?</span></h3><div class="ace-line ace-line old-record-id-XJZodfwD8o54PAxrGaUuIVRzsic"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Q3inddMrXoANI7xxjotu8AhBsud"><span style="font-size: 16px;">Yes, they may have some impact. Pre-market and after-hours price movements reflect the market's initial reaction to the latest information and usually provide a reference for the opening price. If there is a major price move during pre-market or after-hours trading, the stock may gap in that direction at the open. However, due to liquidity differences, pre-market and after-hours prices do not fully determine the opening price.</span></div><div class="ace-line ace-line old-record-id-ExjDdUIvnoOrYSxdSayuV0DCsTf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JKn6dNQSvo5ohxxOJbDuWxTbsyh"><span style="font-size: 16px;">8.6 What does a sharp drop in after-hours trading mean?</span></h3><div class="ace-line ace-line old-record-id-Xi2SdAG25o8dyHxM1AduB2aOs7j"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AoGddaiA8oBDb3xzLmnuZl0xs9Y"><span style="font-size: 16px;">A sharp drop during after-hours trading usually indicates that negative news has been released, such as weak earnings results or unfavorable company announcements, and investors are quickly selling the stock. However, because after-hours liquidity is low, price movements may be amplified. The stock may rebound or fall further after the market opens, so investors should make a comprehensive assessment.</span></div><div class="ace-line ace-line old-record-id-M8vydjy1bognjaxqwgOuQ5g7sZf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RR0ldAnHSoMl88x1QL2ulUV8sdh"><span style="font-size: 16px;">8.7 Where can I view US pre-market and after-hours data?</span></h3><div class="ace-line ace-line old-record-id-XTEHd3Nhvodk42x3z2guzaf9sMb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Nt5udjEBjonex5xcApjuPrTAsge"><span style="font-size: 16px;">You can view comprehensive US pre-market and after-hours data on MEXC, including quotes, trading volume, bid-ask spreads, and other key information. Major financial websites also provide related data.</span></div><div class="ace-line ace-line old-record-id-QKMXdsq9xoWnArxOaKKupBl8sRh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FebHde1eoomOhuxHJqBu295Lsdc"><span style="font-size: 16px;">8.8 Is US pre-market and after-hours trading suitable for beginners?</span></h3><div class="ace-line ace-line old-record-id-Eq2edVavNoOjzyx58Fruk86rs6f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BVaZd5ehaoK064x7zvmuUwhes8b"><span style="font-size: 16px;">Pre-market and after-hours trading carries high risk. For investment beginners, it is advisable to first understand how the market works during regular trading hours and gain sufficient experience before participating in extended-hours trading. Beginners should start with small amounts and manage risk strictly.</span></div><div class="ace-line ace-line old-record-id-ClmydU1dPonhUqxaS1vuDiCvsmc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JhsXdoSJWoz2eexfUGLuhuSisSb"><strong>Conclusion</strong></h2><div class="ace-line ace-line old-record-id-J8AadBObvoG6d6xOzonupmXTsgd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Acu0dXL7foERC4xWDYNuDQ8DsKd"><span style="font-size: 16px;">US pre-market and after-hours trading provides investors with more flexible trading hours and more opportunities to participate in the market, allowing them to respond quickly to major news and global market movements. However, risks such as insufficient liquidity, sharp price volatility, and information asymmetry should not be ignored.</span></div><div class="ace-line ace-line old-record-id-AQmmdLelsodOUoxD1f8uxfyqslf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DtcmdNOE4oYzzrxkxfoupdk2s7e"><span style="font-size: 16px;">As an investor, you should fully understand the characteristics and risks of pre-market and after-hours trading, build a reasonable trading strategy, and follow strict risk management practices. MEXC is committed to providing users with secure and convenient US stock trading services.</span></div><div class="ace-line ace-line old-record-id-CYIhdl8OQopIiRxbAOxuuduxs6g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XQlXd97vGoQpZJx7Easu8KWDsle"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-PNLedv2WDoOiiMxSyTmuKGglsmc" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-WfKGdYuEIokZJVxTUr4ueAUUsif" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-Tk7BdlmhYo2OBZx8F8WuLj3PsHe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-us-stock-overnight-trading-357458016239358976" data-lark-is-custom="true" style="font-size: 16px;">A Guide to US Stock Overnight Trading: Trading Hours, Rules, and Risk Analysis</a></div></li><li class="ace-line ace-line old-record-id-BTScdt1r9oJ67exunhwuTOInsld" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide</a></div></li><li class="ace-line ace-line old-record-id-Spg9deA4Vo79sgxH0PJuO1kXsPT" data-list="bullet"><div><a href="https://www.mexc.com/support/article/common-us-stock-order-types-explained-369454005926051840" data-lark-is-custom="true" style="font-size: 16px;">A Guide to Common US Stock Order Types</a></div></li></ul><div class="ace-line ace-line old-record-id-QYEVdColaouxpOx6aE3uaCP3szh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MyCAd7wHYoilesxDO8Guz6Gmsxf"><strong style="font-size: 16px;">Disclaimer</strong></div><div class="ace-line ace-line old-record-id-LKZWdJ2gnojW5sx4i68uUMtesXb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KWMidYWiWoTmc6xhaEXuu0Cyshg"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-Wqqld6CBXozTe8xU3jcuBYGEsub"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BiDXdVuLro5jaUxgISNutU21sfh"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-LpUyd3XH7olBBIxRMeeuURiZsZb"><span style="font-size: 16px;"><br></span></div></div>
A Guide to US Stock Overnight Trading: Trading Hours, Rules, and Risk Analysis
<div data-page-id="GKg2dACaJo1XApxiAp6uF2J7sMd" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-OEpgdkFupoGCFtxaDsguz6DNszh"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-SkwmdwPd8oHDVtxBxVnu3y4Ysig" data-list="bullet"><div><span style="font-size: 16px;">US stock overnight trading refers to securities trading conducted between the end of the US after-hours session and the start of the next day's pre-market session, with orders matched through alternative trading systems (ATSs) and electronic communication networks (ECNs).</span></div></li><li class="ace-line ace-line old-record-id-ANcRd8j3ioEYnmxucWtucBfBsSd" data-list="bullet"><div><span style="font-size: 16px;">US stock overnight trading hours generally overlap with daytime hours in Asia, allowing Asia-Pacific investors to participate in the US market without staying up late.</span></div></li><li class="ace-line ace-line old-record-id-BhNSdOuzxohXsrxyDe0uXvKAsIe" data-list="bullet"><div><span style="font-size: 16px;">Investors can respond more quickly to major developments such as earnings releases and economic data, adjust positions more flexibly, and reduce overnight gap risk.</span></div></li><li class="ace-line ace-line old-record-id-QXDudsTYYoxyfSxi93fuL0Aqs3e" data-list="bullet"><div><span style="font-size: 16px;">Overnight trading usually comes with lower liquidity, which may lead to wider spreads, sharper price swings, and limited order types.</span></div></li><li class="ace-line ace-line old-record-id-T0lbdVXV7om5p3xwQHJu0XRXszb" data-list="bullet"><div><span style="font-size: 16px;">Through its partner licensed broker, MEXC supports overnight trading, allowing users to place orders directly on the trading page.</span></div></li></ul><div class="ace-line ace-line old-record-id-T55hdi9qcofKzBxUzbPuuCTIsYb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WRqbd0fmqo6WiAxibbouK6wtsMf"><strong>1. What is US Stock Overnight Trading?</strong></h2><div class="ace-line ace-line old-record-id-KF8Cd7Bd9obBPLx4B9LusMTxsYf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-L30OdzWEioiYxvx9qI1uemTGsug"><span style="font-size: 16px;">US stock overnight trading refers to securities trading conducted after the US stock market's after-hours session ends and before the next day's pre-market session begins. This trading mechanism allows <em>investors</em> to participate in the US stock market during pre-market, after-hours, and overnight sessions, gradually bringing US stock trading closer to a near-24-hour model.</span></div><div class="ace-line ace-line old-record-id-Cc51dgRvioN3McxOqChukap0sTb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RcT0dv4oxotcYbxocpUuqqrssnf"><span style="font-size: 16px;">For investors in the Asia-Pacific region, overnight trading has particular significance. Because of the time difference, regular US market hours typically fall late at night in Asia, while overnight trading generally overlaps with daytime working hours in the region. This means investors can participate in the US market more flexibly without having to stay up overnight.</span></div><div class="ace-line ace-line old-record-id-RtiDdt2czoA9q0xAXwzuFRi9s1R"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G6OodsZyko5zERxN21vuI5Vnsyh"><span style="font-size: 16px;">US stock overnight trading is mainly conducted through alternative trading systems (ATSs) and electronic communication networks (ECNs) rather than being directly matched on the NYSE or Nasdaq. These systems are regulated by the US Securities and Exchange Commission (SEC) to help ensure trading transparency and security.</span></div><div class="ace-line ace-line old-record-id-NR5Xdkuz4otMijxetWZubhm8sAc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-C4lDdD7YqomzRxxqUPWu0r7GsJb"><strong>2. The Four Main US Stock Trading Sessions Explained</strong></h2><div class="ace-line ace-line old-record-id-DidrdBUN8opQA3xRIvWunaZjsic"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NdDqdIHsGoCSiaxl0kHuirUOsge"><span style="font-size: 16px;">The US stock market can generally be divided into four main trading sessions. Understanding the characteristics of each session can help investors build more effective trading strategies.</span></div><div class="ace-line ace-line old-record-id-BomVdzrBJooHjLxRCKKuoHZmsFf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JlR8dVO5morOFZxxbYIueqAOsnd"><span style="font-size: 16px;"><strong>Pre-market trading</strong> refers to the session from 4:00 am to 9:30 am ET, during which investors can respond promptly to important developments such as earnings reports and economic data.</span></div><div class="ace-line ace-line old-record-id-ECu4dHJzboTzLmxdGoMuFwTysve"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VlqfdlmNVoqKu1xkI7GuJ4DWswh"><span style="font-size: 16px;"><strong>Regular trading</strong> refers to the core session from 9:30 am to 4:00 pm ET. This is the main session with the highest trading volume and the most representative pricing.</span></div><div class="ace-line ace-line old-record-id-FhQ3dgPpjorkr9xCjeMuhI7csDc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EKIVdQAJooxhy8xE5m1uFAppsDx"><span style="font-size: 16px;"><strong>After-hours trading</strong> takes place from 4:00 pm to 8:00 pm ET and is often used for extended trading following earnings announcements and other major news.</span></div><div class="ace-line ace-line old-record-id-FClPdvMIBo5Z8AxpJPVuO44ssKb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KRXOdcEsIos0dQxZfRVuLo5XsCe"><span style="font-size: 16px;"><strong>Overnight trading</strong> covers 8:00 pm to 4:00 am ET and is provided through alternative trading systems. This session aligns well with daytime hours for many Asian investors. It is worth noting that overnight trading hours may vary by broker, so users should refer to the actual schedule displayed on their trading platform.</span></div><div class="ace-line ace-line old-record-id-JocsdgIScosk9mxhBgRuHv38s3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OAffd6UDxo2xoXxC4mBupIyrsoe"><span style="font-size: 16px;">Based on Singapore time, overnight trading generally runs from 8:00 am to 4:00 pm during daylight saving time (March to November) and from 9:00 am to 5:00 pm during standard time (November to March).</span></div><div class="ace-line ace-line old-record-id-FoTCdBh79oeAaOxVzmHu7LlVsKs"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XgIadQThuo3GSOxYvBZuuUBcskh"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&BTNURL=<u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u>*</span></div><div class="ace-line ace-line old-record-id-YREpdNMJEoWZt6xw5fHuRxvSscc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZHfEd0SXaoeh8txkZNbuyaupszf"><strong>3. Key Advantages of US Stock Overnight Trading</strong></h2><div class="ace-line ace-line old-record-id-VNkqd754KoYGNRxVwYmuxMKSsFC"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V6YYdWROWoBOqgxP1R4uYe9Xshb"><span style="font-size: 16px;"><strong>Clear time zone advantage:</strong> Investors in the Asia-Pacific region can trade US stocks during daytime hours without changing their daily routine. This is especially useful for working professionals who cannot monitor the market late at night.</span></div><div class="ace-line ace-line old-record-id-N6RjdQhtzosMVExfCqAuAV4fs7s"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AVvWdusIXoF7oVxjFYWuMFrNs1M"><span style="font-size: 16px;"><strong>Faster response to global events:</strong> When major economic data is released, geopolitical events occur, or companies publish earnings results, investors can use overnight trading to adjust their positions immediately rather than waiting for the regular market open.</span></div><div class="ace-line ace-line old-record-id-Ra4OdOBUpogNzPx0uIyuPyaHspj"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J2RId7EF5oF5pPxYjJsuMkgBs7g"><span style="font-size: 16px;"><strong>More flexible strategy execution:</strong> Overnight trading provides additional room for early positioning or risk hedging. Investors can adjust positions before or after major announcements and reduce overnight gap risk.</span></div><div class="ace-line ace-line old-record-id-IH9Dd5PkhoB3uBx07LguGPjAsCe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-U80vdWOesoXwitxPj2duu3WfsZb"><span style="font-size: 16px;"><strong>More convenient portfolio management:</strong> For investors already holding US stock positions, overnight trading offers additional time windows to manage their portfolios more actively.</span></div><div class="ace-line ace-line old-record-id-PgPsdGIDcoQ9gcxp0kYuuRsRsJc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-P0Xqdbkieow0McxRKLYuGslAsYe"><strong>4. Risk Reminders for US Stock Overnight Trading</strong></h2><div class="ace-line ace-line old-record-id-E1sQdJZ6doohCExbAjEuXIK6sLe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JGGddJWgnoNxcuxDCEtugNdhsod"><span style="font-size: 16px;"><strong>Liquidity risk:</strong> There are generally fewer market participants during overnight hours, and trading volume is usually lower. As a result, orders may not be filled immediately or may only be partially executed.</span></div><div class="ace-line ace-line old-record-id-Rs63dpBIJo1Yv9xZnYcuOB7cs1b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DmRPdNOuYoSKMExi3fDukar2sld"><span style="font-size: 16px;"><strong>Price volatility risk:</strong> Because market depth is more limited, bid-ask spreads may widen significantly, and even relatively small orders may trigger sharp price swings, increasing slippage risk.</span></div><div class="ace-line ace-line old-record-id-JBINdmZr5o3UmPxvtHNuxTTas3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KSFNdksONoYnGpxAW3uuQefbs69"><span style="font-size: 16px;"><strong>Price discontinuity risk:</strong> Prices during overnight trading may differ significantly from the regular session's closing price or the next session's opening price. Investors should pay attention to the possibility of price gaps.</span></div><div class="ace-line ace-line old-record-id-EBO3d1QYVoboPkxHrLIumEWzsTb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-E4ZmdW1jEoV3vDxsljCu0lOBsch"><span style="font-size: 16px;"><strong>Order type limitations:</strong> Overnight trading often supports limit orders only. Market orders may not be available, and not all stocks are eligible for overnight trading.</span></div><div class="ace-line ace-line old-record-id-UmHudE4hToVb7XxmhkPuhrc3s7d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VwYodHZAqoS2s8xKsRdu8Suesee"><span style="font-size: 16px;"><strong>Information asymmetry risk:</strong> Important news is often released outside regular market hours. Combined with lower overnight liquidity, this may lead to outsized price reactions.</span></div><div class="ace-line ace-line old-record-id-BO0JdvwAAoNPzrxS3S6u1kkWsfg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-KKdMdi6yuoBzQfxU1v4u4COpssh"><strong>5. How to Trade RealStocks Overnight through MEXC</strong></h2><div class="ace-line ace-line old-record-id-LIGudWZWWor8dkx1P1UuYxBNs3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ve5rdyz62oLhLjxKTjOuqkGosqb"><span style="font-size: 16px;">Through its partner licensed broker, MEXC supports overnight trading for US stocks. Users can go directly to the trading page, select their preferred US stock, and place an order.</span></div><div class="ace-line ace-line old-record-id-DZDFdOmf6oDK8ax0mQ1u19cWsod"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-S8q7dSK9xo185UxjkMcu1cnqsPi"><span style="font-size: 16px;">Through its cooperation with a licensed broker, MEXC is committed to providing global users with a convenient and secure trading experience, helping investors access opportunities in the US stock market and build more diversified portfolios.</span></div><div class="ace-line ace-line old-record-id-EXQpdUUchozbw1xMMm4uDn7fsOf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-RJuxd8rbaomTcexElX7u9JNlsMg"><strong>6. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-WoPNdsDlzowsLJxfC8XuNXrhsvf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OtlRd9MZBoYazex3iqbus2fMsod"><span style="font-size: 16px;">6.1 Does direct stock market access on MEXC support overnight trading?</span></h3><div class="ace-line ace-line old-record-id-OI5Hdi7jNovTvyxokbBuWzO7sYb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WXs5dZyFaowCT2x4VJPuRq0hsJb"><span style="font-size: 16px;">Yes. Through its cooperation with a licensed broker, MEXC has enabled overnight trading, allowing users to buy and sell during the overnight session.</span></div><div class="ace-line ace-line old-record-id-GGiqdjVkfon3LTxKc9SuGRJksHf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FFGadYk4roM3gTxuGNFuEFUNs3n"><span style="font-size: 16px;">6.2 What are the overnight trading hours for direct stock market access on MEXC?</span></h3><div class="ace-line ace-line old-record-id-Dh2NdjYS1oLT4txA0Veua5uJsxh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OU9ndp4iHoZCb3xqBXqumuoYsVd"><span style="font-size: 16px;">The current overnight trading hours are 8:00 am to 4:00 pm (UTC+8) during daylight saving time. The schedule will be adjusted accordingly during standard time.</span></div><div class="ace-line ace-line old-record-id-JZWadMLNZoI3pKxBLc3uTarAsOg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UKUAdvvuMoQA8FxA4Gmuhgs5sqg"><span style="font-size: 16px;">6.3 How do I buy US stocks during overnight trading through MEXC?</span></h3><div class="ace-line ace-line old-record-id-RXeodsb4EoyXA3xkyAfuYhkZsRb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QRQ4dJeyWoSEF5xahosuUag6sqc"><span style="font-size: 16px;">On the RealStocks trading page, select the stock you want to trade and submit your order using a limit order.</span></div><div class="ace-line ace-line old-record-id-U1gedvHCsoJZHfxECUcuvRXfsXf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FAAtd375potFGOxelDCugeGbsVh"><span style="font-size: 16px;">6.4 Where can I view overnight market quotes for US stocks?</span></h3><div class="ace-line ace-line old-record-id-R6XmdSNbBofGmLxP5jnuhKU9sxd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Mb0PdRMv7occcjxvYZruDwRas5f"><span style="font-size: 16px;">Through its partner licensed institution, MEXC provides users with limited-time Level 1 real-time quotes and overnight market data. Eligible users may also enjoy real-time market data subsidies, helping them track market conditions more accurately and make more informed investment decisions.</span></div><div class="ace-line ace-line old-record-id-KqRpduvBkojl5xxUnDju6IWzsNj"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KMzudofcSob6Wgxhb8RuWaQVsyf"><span style="font-size: 16px;">6.5 What are the risks of US stock overnight trading?</span></h3><div class="ace-line ace-line old-record-id-KvXbdMxRqo9u9xxcA0Xujz8mslK"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WNYDd2257oMKu8xTB2Juao3Usqf"><span style="font-size: 16px;">The main risks include but are not limited to liquidity risks, wider bid-ask spreads, sharp price volatility, restricted order types, and a limited range of tradable securities. Investors should fully understand the above risks before participating in trading.</span></div><div class="ace-line ace-line old-record-id-LB0AdXJfhojypHxXeWuup1AbsJc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JZNsdIeHJolR2AxPRapuBbd2sFq"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-HCzOd4uP1oYvs6xOsruu5yO2ss7" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-JpqOdd1SZoaRcgx4h93uBTI7sf5" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-OBOodepiyoFuzTxJVGZutjqHsBe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">A guide to the three major US stock exchanges and indexes </a></div></li><li class="ace-line ace-line old-record-id-PEDYdz6LKowdC6xiHpfuXZNDsWg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Basic Trading Rules of the US Stock Market </a></div></li><li class="ace-line ace-line old-record-id-QB6YdbJJbohZSKxnfKXuHUBZswc" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-vs-a-shares-hong-kong-stocks-japanese-stocks-and-european-stocks-355185102366433280" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market vs. A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks </a></div></li></ul><div class="ace-line ace-line old-record-id-LLUidU0zZoh1uixHWBmuJG7Isxg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GLnZdDCG5o2pm0xxrdhuSCrcsjd"><span style="font-size: 16px;">Disclaimer:</span></h3><div class="ace-line ace-line old-record-id-JgsrdvXcColhQQxUDxkub84Xsfh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X2dxdy8g3oLAqnxpLovuioTqssb"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-WEi3dT5WHom1Auxh1TeuK1hxsbb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TjbMdSofIoagaRxUmiluMqT7sif"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please carefully understand the risks involved and assess your risk tolerance before engaging in any trading or investment activity.</span></div></div>
US Stock Market Trading Hours and Holidays: A Time Zone Guide
<div data-page-id="KPxJdA37NoycfHxHOoduMqtcsbg" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-Sec2dA526ogZbZxStcZuYkaSs6f"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-VMv4dPGCxo3hvVxZEpVuNE2csbe" data-list="bullet"><div><span style="font-size: 16px;">Regular US stock market trading hours are 9:30 am to 4:00 pm ET, Monday through Friday. </span></div></li><li class="ace-line ace-line old-record-id-QY68dSfvkosQGkxxN9Nu3l19sge" data-list="bullet"><div><span style="font-size: 16px;">US stocks support pre-market and after-hours trading, giving investors more flexibility outside regular trading hours. </span></div></li><li class="ace-line ace-line old-record-id-PM7ZdqlBeoFj36xdwJ6uqktGsMd" data-list="bullet"><div><span style="font-size: 16px;">There are multiple scheduled US market holidays in 2026, so investors should plan their trading activity in advance. </span></div></li><li class="ace-line ace-line old-record-id-Tps0dyF9Yo7p4jxQZLcunbxXsv9" data-list="bullet"><div><span style="font-size: 16px;">During daylight saving time, the corresponding trading hours in Singapore are one hour earlier than during standard time.</span></div></li><li class="ace-line ace-line old-record-id-GbV0dwamSoAqo0xeN9WuW0I5sec" data-list="bullet"><div><span style="font-size: 16px;">Users can conveniently check trading hours on the platform to better follow global market movements and plan their investment activity.</span></div></li></ul><div class="ace-line ace-line old-record-id-Edf5dk0lPoukFIxrueLunkH9sTh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-YymRdD1uxoKsRzxydFVu9wxXsDd"><strong>1. US Stock Market Trading Hours Explained</strong></h2><div class="ace-line ace-line old-record-id-FnuFdWz6hoVkyXxmr5suRcPPsNd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RC8bdCE0Eo6ZcsxYtbBuA9iOsDe"><span style="font-size: 16px;">1.1 Regular US stock market trading hours</span></h3><div class="ace-line ace-line old-record-id-H3xkdmIjeo5vNLxo72BuvJoBsYd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RlzLds7VWoGnOkxzOQvu5Jzfs1b"><span style="font-size: 16px;">The major US stock exchanges include the New York Stock Exchange (NYSE) and Nasdaq, and their regular trading hours are the same: 9:30 am to 4:00 pm ET, Monday through Friday. Unlike some Asian stock markets, the US stock market does not close for a midday break, which means trading continues for 6.5 hours without interruption. </span></div><div class="ace-line ace-line old-record-id-A7ped5tBioD1vBxcaVMu48NHseb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BmikdPlizo6huxxo8cDuZ3YAsOg"><span style="font-size: 16px;">Because the United States follows both <a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/Daylight_saving_time">daylight saving time</a> and standard time, the corresponding trading hours in Singapore change during the year. During daylight saving time, which generally runs from the second Sunday in March to the first Sunday in November, regular trading hours correspond to 9:30 pm to 4:00 am Singapore time. During standard time, they correspond to 10:30 pm to 5:00 am Singapore time. For investors, understanding this time shift can help with better trade planning.</span></div><div class="ace-line ace-line old-record-id-PamqdeSGWo0xP4xVCLWuR8GQsWd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-CSFMdGQ4roZsSoxUIA7upvvWstg"><span style="font-size: 16px;">1.2 US pre-market trading hours</span></h3><div class="ace-line ace-line old-record-id-PntzdW2Pgot7QBxFwvauEXM7snO"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZNWEdBZLtonqJixDPULunWHDsYg"><span style="font-size: 16px;">Pre-market trading refers to trading activity before the regular session begins. For US stocks, this period runs from 4:00 am to 9:30 am ET, Monday through Friday. On the Singapore time basis used in this article, that corresponds to 4:00 pm to 9:30 pm during daylight saving time and 5:00 pm to 10:30 pm during standard time. </span></div><div class="ace-line ace-line old-record-id-BpvqdlP41onmzjxFxcourpImsah"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ULa2dpUOEohwEbx9xlvu8ofkssm"><span style="font-size: 16px;">Liquidity during pre-market hours is usually lower than during the regular session. However, many important earnings reports and economic data releases are published during this period, which can lead to larger price swings.</span></div><div class="ace-line ace-line old-record-id-MbuCdWsjFof5gAxguGuuK4R7sZf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NQdJd4lvLobO1Kx8Dr8uA70Zszb"><span style="font-size: 16px;">1.3 US after-hours trading</span></h3><div class="ace-line ace-line old-record-id-VnJvdC2Kdo293bxVZm2uQW2wsth"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Ov5QdQJbYo9OmcxtowouxFdiscb"><span style="font-size: 16px;">After-hours trading refers to the extended trading session after the regular market close. On NYSE Group exchanges such as NYSE Arca, the late trading session runs from 4:00 pm to 8:00 pm ET. That corresponds to 4:00 am to 8:00 am Singapore time during daylight saving time and 5:00 am to 9:00 am Singapore time during standard time. </span></div><div class="ace-line ace-line old-record-id-SAu3d3nGJoFeSox5qx9uJieEspg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XTy5dqU1goRZ8JxuWwaufEjysxf"><span style="font-size: 16px;">1.4 US overnight trading</span></h3><div class="ace-line ace-line old-record-id-EQ7LdUmPaoWlJqxHbWKu2Ekxsff"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Sf9SdcUuZoYkN4x3KlCuVHUWsab"><span style="font-size: 16px;">Some trading platforms also offer overnight trading services outside the traditional pre-market, regular, and after-hours sessions. In this article, overnight trading refers to the period from 8:00 pm to 4:00 am ET, Sunday through Thursday. Based on Singapore time, that corresponds to 8:00 am to 4:00 pm during daylight saving time and 9:00 am to 5:00 pm during standard time.</span></div><div class="ace-line ace-line old-record-id-OOvVdvVshou1TfxztKVulaZXsub"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-T7O3dVHczoPet2xApj9uMMURsZf"><span style="font-size: 16px;">It is worth noting that liquidity during pre-market, after-hours, and overnight sessions is generally lower, and price volatility may be more pronounced.</span></div><div class="ace-line ace-line old-record-id-IBVbdGHv3oOjhQx0ekauIOowsOg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OziJdmj2PoMvmoxeg3VutcYUs7g"><span style="font-size: 16px;">1.5 US stock market trading hours at a glance</span></h3><div class="ace-line ace-line old-record-id-XjfBdkZ6wo0c8txFbbouI8q2sWg"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="116;205;228;238" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="116"><col width="205"><col width="228"><col width="238"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O8OVdlEasoYVrZxBoHjuDRZ8sXe"><strong style="font-size: 16px;">Trading Session</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O1lBd0CoJoChBexVkMyuQUO0sdd"><strong style="font-size: 16px;">Eastern Time (ET)</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LgnkdtJVdonYSRxt6TdukvF5sfh"><strong style="font-size: 16px;">Singapore Time (Daylight Saving Time: Mar-Nov)</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TSG1dCohMoDnF0xqW70uS8NZsxd"><strong style="font-size: 16px;">Singapore Time (Standard Time: Nov-Mar)</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LQDid3y7LoFg47x0Q2ouWUlFsLg"><span style="font-size: 16px;">Pre-market Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I4EcdarpVoGCOXxqSHHuuyjgsQe"><span style="font-size: 16px;">04:00–09:30</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-A0UgduiBeo7Q0AxhtMmuoYQ1sCh"><span style="font-size: 16px;">16:00–21:30</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I4nBdY6TEoBUIVxEDBmuhUQkstd"><span style="font-size: 16px;">17:00–22:30</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-StIidWCProBXM2x81WXuDfeLs6e"><span style="font-size: 16px;">Regular Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BKNddUtD9o5e2ixvYSJuDIC0ssc"><span style="font-size: 16px;">09:30–16:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-WPQDdPUraoN3pBxWWtLujd9Ks6e"><span style="font-size: 16px;">21:30–04:00 next day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ac1ud2wpHoB27cxxr38unPqvscd"><span style="font-size: 16px;">22:30–05:00 next day</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XSpHdjg3XoiBkLxxkr3usz6Nsye"><span style="font-size: 16px;">After-hours Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AYOYd5uCno01fcxUSF8u3FW7sXR"><span style="font-size: 16px;">16:00–20:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-W4dCdOQ5loZcxixDssRu09SYshb"><span style="font-size: 16px;">04:00–08:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-RscVdLfvuooUeCx2QzNuLmplsNg"><span style="font-size: 16px;">05:00–09:00</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Go61dUhdloTDpwxHxwouyDrUsTc"><span style="font-size: 16px;">Overnight Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Fb8udvwGtoSdlPxr6Ppu3pBdsUd"><span style="font-size: 16px;">20:00–04:00 next day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PPgHd3gsroI9dTxxJ5QuW2zIstd"><span style="font-size: 16px;">08:00–16:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NYUedqd36ob7cJxZtbzuiMbEsWg"><span style="font-size: 16px;">09:00–17:00</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-JNU9dmreGoaxb1xhpfXu4i9AsIc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RaoPdCoOHocpNkxipT2uNmGAsRa"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&BTNURL=<span style="color:rgb(100,37,208)"><u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u></span>*</span></div><div class="ace-line ace-line old-record-id-NkTVdMUP0o7v3ExI2XjuQFsss3e"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Nhq9dOay4oB3X5xJzNYudWcysMd"><strong>2. US Stock Market Holiday Schedule for 2026</strong></h2><div class="ace-line ace-line old-record-id-Aw1ldiHC3orrpTx5eO3urTaCseg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CREad3ottorXIVxMBGNupPEHsMf"><span style="font-size: 16px;">According to the NYSE holiday calendar, US stock markets will be closed on the following holidays in 2026: New Year's Day, Martin Luther King, Jr. Day, Washington's Birthday (Presidents' Day), Good Friday, Memorial Day, Juneteenth National Independence Day, Independence Day (observed), Labor Day, Thanksgiving Day, and Christmas Day. In 2026, the market will also close early on Friday, November 27 and Thursday, December 24.</span></div><div class="ace-line ace-line old-record-id-OxvjdOfgboAbjdxuZRbuYciJsiq"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VzIfd2a3poa8Wqxahc0uRxuPshg"><span style="font-size: 16px;">The main 2026 holiday schedule is as follows: </span></div><div class="ace-line ace-line old-record-id-Esk7dFIY6o3l8uxl1eMuuCQJsDf"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="153;277;218" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="153"><col width="277"><col width="218"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O7V1dMlvBoQmzBxD8DWukYOTsHf"><strong style="font-size: 16px;">Date</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CBODdbGQRoP8B7xU6GtufheSsad"><strong style="font-size: 16px;">Holiday</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CuiCd45eAorwURx8J6fuTm5vsmh"><strong style="font-size: 16px;">Notes</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BZWOdc7gkod3IWxQX1quJQvrsLs"><span style="font-size: 16px;">January 1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XYpGduab0o0gqrxqZ1Ou2Snds5g"><span style="font-size: 16px;">New Year's Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-M07wdXxpgo5niJxSEJkuazDLsWc"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BY25dkGzioI1DZxGuKxuyrvHsLc"><span style="font-size: 16px;">January 19</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O50KdGCuzoKwd7xgup0uPRpiszb"><span style="font-size: 16px;">Martin Luther King, Jr. Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q3sZdDN02oVypfxYYQDueUU2sdh"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PNKcdQMHPoADsLxskmsuHTa7suc"><span style="font-size: 16px;">February 16</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Dm9Adi4rBokIHjxv6nAuxl9HsTd"><span style="font-size: 16px;">Washington's Birthday</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NzzvdIC5SoSPiSxWoABuy4vNsbw"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ugtld9fCvoBE6Px7si1uVcuzs7X"><span style="font-size: 16px;">April 3</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TakFd4LRWonGpQx5RZuuH2Sasib"><span style="font-size: 16px;">Good Friday</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AjH9dttiKoFRJYx41cKuA9IdsQb"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ATyadwwONoyqfNxelOKuDFCYseh"><span style="font-size: 16px;">May 25</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QthydoO6IoojEoxU6JyuotIBsWg"><span style="font-size: 16px;">Memorial Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DjdCdJ6fqoB1OOxN30auFxyjsrd"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-X73sd856IoZwvhxwxSIu3p4osCh"><span style="font-size: 16px;">June 19</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MXmbdg0lXoftKixJbvsuDoi0s8b"><span style="font-size: 16px;">Juneteenth National Independence Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I1UqdxwB1oi6vzx45u1uP2ZEsaf"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-YBiSdLCEsonq3Yx0fznuZiuOszh"><span style="font-size: 16px;">July 3</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O5K9dhswrosZfxxqOJ1uxJqUsCI"><span style="font-size: 16px;">Independence Day (observed)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TIrNdOqfmoOOhLxAkGnuAIXDsdq"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-P26ydwpExo5ekgxClJbuwQO4sXc"><span style="font-size: 16px;">September 7</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-G6fcdO0wdonOtLxBnvQuNSOfsoe"><span style="font-size: 16px;">Labor Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SHEWdnu5Lo1vRBxYEz7u6ZeNsFf"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TNYld5Bm6orOS4xlkEpu1Ysus9f"><span style="font-size: 16px;">November 26</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LiZAdsD0HoSbGsxA3Ufu23g5sOc"><span style="font-size: 16px;">Thanksgiving Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HelWdhpeqoDvUKx5ROhuT660sYW"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-M5IxdP2xIotJPpxxK4GuFbdGsmb"><span style="font-size: 16px;">November 27</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PMiMd5EIdoEXNNxkmcfuDfORsDg"><span style="font-size: 16px;">Day After Thanksgiving</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XtOadfeBjoT35wxCFC3uK9cGsTg"><span style="font-size: 16px;">Early close</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-W9dHd85p8oTmTyxUyQouyX4rs6d"><span style="font-size: 16px;">December 25</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IUHpdso2zo1RRuxs2OyuKKRksvf"><span style="font-size: 16px;">Christmas Day</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UxlHdFnPUop87YxRw57u2jjQsyc"><span style="font-size: 16px;">Market closed</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Tr1SdQBpVo0UhBxfJI8ufQvhssc"><span style="font-size: 16px;">December 24</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Zlq5dTDoto0NntxznZzuldGwsjg"><span style="font-size: 16px;">Christmas Eve</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JZSHdAbtIo1rntxFSjkuLPmisFH"><span style="font-size: 16px;">Early close</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-PzGednvijokpoQxhugdu1nYPszb"><span style="font-size: 16px;">Note: MEXC's partner licensed broker does not support US stock trading on the market holidays listed above.</span></div><div class="ace-line ace-line old-record-id-FYk6dIOWEoz4WKxU0X2ucwkBsff"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZnRldcpiyoUpsdxIXQfuuYzFsud"><strong>3. How to Check Trading Hours on MEXC</strong></h2><div class="ace-line ace-line old-record-id-LfY3dkIPvofMDYxs9xJuI2hpsmd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZodZdhCMpozFQQxYzgvutAoYstx"><span style="font-size: 16px;">As a leading global digital asset trading platform, MEXC offers RealStocks services through its cooperation with a licensed broker, providing users with a convenient US stock trading experience.</span></div><div class="ace-line ace-line old-record-id-W66SdaSr0o21BcxxExquC7c1snl"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O7exdwGOIoQyILxsGGOuLt0XsFF"><span style="font-size: 16px;"><span style="font-size: 16px;">To check trading hours, open the MEXC website and go to the </span><strong>Real</strong><strong style="font-size: 16px;">Stocks</strong><span style="font-size: 16px;"> page. On the Stocks page, double-click the stock you want to view, and the trading hours for that stock will be clearly displayed in the order placement area.</span></span></div><div class="ace-line ace-line old-record-id-CJpjdbXawo4r3SxOw3huQdyxspb"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Yjr1dgqiaosGvaxj4COuZBPxsRc"><strong>4. US Stock Trading and Market Holidays FAQ</strong></h2><div class="ace-line ace-line old-record-id-NYOPd5T9AoR0NrxtG7uua82xs1f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ITHNdr3umordclxoFEWu1Mmvsaf"><span style="font-size: 16px;">4.1 How many hours does the US stock market trade each day?</span></h3><div class="ace-line ace-line old-record-id-Adh3dZfP6o0RfHxBVzZut8JWs6g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EO1ZdBZqIo9qS4xOqBtulfOzs2c"><span style="font-size: 16px;">The regular US stock market session lasts 6.5 hours, from 9:30 am to 4:00 pm ET. If pre-market and after-hours trading are included, the total available trading window may extend to 16 hours on some venues. </span></div><div class="ace-line ace-line old-record-id-DXnfdr0Tto8bgPxGJrPu6Br2sIe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UzIadRKTzo3KdNxgTSGu9AC6snd"><span style="font-size: 16px;">4.2 Can US stocks be traded 24 hours a day?</span></h3><div class="ace-line ace-line old-record-id-FvdidRyttoVvLuxeBJVuXV6rs7e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-R62vdtGwEoVHtdx1s0nu7CHmsee"><span style="font-size: 16px;">In the traditional sense, US stocks do not trade 24 hours a day. However, some brokers and platforms provide near-24-hour access by covering pre-market, regular, after-hours, and overnight sessions. NYSE Arca has also published plans for a future 23-hour trading day, though that expansion is still pending regulatory and operational rollout.</span></div><div class="ace-line ace-line old-record-id-M2ERdAqKRoLZYNx8XoCuQGITsqh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EunNdtmPkoeYcRxIItluZpBcshL"><span style="font-size: 16px;">4.3 What are the trading hours during daylight saving time and standard time?</span></h3><div class="ace-line ace-line old-record-id-Zoitd7QMCoQSK9xfCZNuxb2GsAg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Mq4xdlyKLoWi9QxKazDuod9eshg"><span style="font-size: 16px;">During daylight saving time, regular US stock trading hours correspond to 9:30 pm to 4:00 am Singapore time. During standard time, they correspond to 10:30 pm to 5:00 am Singapore time. Users can refer to the trading hours displayed on the platform to ensure they place orders during the correct session.</span></div><div class="ace-line ace-line old-record-id-WoE7df67UoLADmxGxHouhoA7sX1"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-O8WWd8mdaocqAbxsyPEuZYPEsLg"><span style="font-size: 16px;">4.4 What is the time difference between daylight saving time and standard time?</span></h3><div class="ace-line ace-line old-record-id-EiMQdrEGgo5IkJxUVfOuVzSrsE6"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YEaDdCG63osGWxxnje3u9X5kscg"><span style="font-size: 16px;">During daylight saving time, the clock moves forward by one hour, so the corresponding US market open in Singapore is also one hour earlier. When standard time resumes, the corresponding trading hours move back by one hour.</span></div><div class="ace-line ace-line old-record-id-E9endvx9lo2S5qxSTA7u8gHXsgd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Jy8SdGXr4oaz0dxvCzIu6EHqsVb"><span style="font-size: 16px;">4.5 Can US stocks be traded on weekends?</span></h3><div class="ace-line ace-line old-record-id-RzNpdU5msomQ84x2JvDuJ84qs8e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O4FcdGSVSofPL9xOWJ1uPLNJsif"><span style="font-size: 16px;">No. The US stock market is closed on Saturdays and Sundays, and regular trading takes place only from Monday to Friday. MEXC's partner licensed broker follows the same US market trading calendar.</span></div><div class="ace-line ace-line old-record-id-IE0udlqxboRNTLx36EqusjYmsrh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-WuABdzIWNoQr6RxSnm5uzxS8sag"><span style="font-size: 16px;">4.6 What is US stock overnight trading?</span></h3><div class="ace-line ace-line old-record-id-Q3Bgd1meYoAYpNxuaTVumxEEs9g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JmJNdPpeAoUCjCxZPhnuTxuwsBd"><span style="font-size: 16px;">US stock overnight trading refers to trading outside regular market hours during the overnight period. In this article, it refers to the session from 8:00 pm to 4:00 am ET, Sunday through Thursday, as offered by some platforms.</span></div><div class="ace-line ace-line old-record-id-Y8wkd1mlUoG2Q3xvOq2uuC38sMe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-HdtTdJ2s7oJaYNxdkvpuiG0esqg"><span style="font-size: 16px;">4.7 How can I trade US stocks through MEXC RealStocks?</span></h3><div class="ace-line ace-line old-record-id-IMzLdMQswoFNYFxqEOoup6nEsJd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SwkcdC2KeouZq8x6HNeuE6WIsCd"><span style="font-size: 16px;"><span style="font-size: 16px;">Users only need to log in to the MEXC website or app and enter the </span><strong>Real</strong><span style="">S</span><strong style=""><span style="font-size: 16px;">tocks</span></strong><span style="font-size: 16px;"> section to browse US stock quotes, check trading hours, and place orders. Through its cooperation with a licensed broker, MEXC provides a simple and intuitive trading interface that makes US stock investing more convenient and efficient.</span></span></div><div class="ace-line ace-line old-record-id-EnFjdjdY5o58Zax7S0Gu3KAQsth"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Rr8adKW5BoI4DGxG4RwuzLUhsUh"><strong style="font-size: 16px;">Recommended Reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-LKgBdGgvaodewRxvuyDuX78MsAf" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-Y0m0dOqD7oaM3exYPBluU70msGB" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-Fr4pd1c1DoF3z6xIybUuvOLqsWd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">A Guide to the Three Major US Stock Exchanges and Indexes</a></div></li><li class="ace-line ace-line old-record-id-ZZd6dXR2FoQDCBxK7t1uGY4DsDc" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding Basic Trading Rules of the US Stock Market</a></div></li><li class="ace-line ace-line old-record-id-EeSBd8f9QoWV8fxIgzruqbrpshe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-vs-a-shares-hong-kong-stocks-japanese-stocks-and-european-stocks-355185102366433280" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market vs. A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks</a></div></li></ul><div class="ace-line ace-line old-record-id-L1hlde5cPonhyNx83e1uD1GWshe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Rtmkdx2PpoPh4Xxo527uK5HHsjc"><span style="font-size: 16px;">Disclaimer:</span></h3><div class="ace-line ace-line old-record-id-E2vCdmO4moAwnpxOpGruQd45sCd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TI9FdZT6iowrD7xkdiGutcgFs8f"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-IVgIdYwVEoJAp4xxEV2uAKNNsxh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KaOxdAuqWoMuhgx7iMmukHhFsKf"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please carefully understand the risks involved and assess your risk tolerance before engaging in any trading or investment activity.</span></div><div class="ace-line ace-line old-record-id-QWODdugpCoRWbPxV7rKu18pKsmf"><span style="font-size: 16px;"><br></span></div></div>
US Stock Market vs. A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks
<div data-page-id="F2ZXdgDXxoz3O8xZ1UtuEJ5Psne" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-JH45dVjVQol04Vxkarqufo4psIc"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-N8fUd1Sf9ol07pxBzG8uJ0gZs3f" data-list="bullet"><div><span style="font-size: 16px;">The US stock market is one of the largest and most mature capital markets in the world, bringing together many of the world's leading technology and financial companies.</span></div></li><li class="ace-line ace-line old-record-id-VgMTdl2aAoOmCTx21suuK5hYsxg" data-list="bullet"><div><span style="font-size: 16px;">US stocks follow a T+0 trading system, have no daily price limits, and can be traded starting from 1 share, offering high flexibility and market-leading liquidity.</span></div></li><li class="ace-line ace-line old-record-id-SzbBdc4wGohoSix7CdQuybNts4g" data-list="bullet"><div><span style="font-size: 16px;">Compared with A-shares, Hong Kong stocks, Japanese stocks, and European stocks, the US stock market differs significantly in terms of trading rules, investment culture, and market characteristics.</span></div></li><li class="ace-line ace-line old-record-id-EC8ed2F5doMmzoxflFhuVDFSsQe" data-list="bullet"><div><span style="font-size: 16px;">Through its partner licensed broker, MEXC provides global investors with convenient access to real US stock trading.</span></div></li><li class="ace-line ace-line old-record-id-OodedkO0RoMefmx45trup74Qsaf" data-list="bullet"><div><span style="font-size: 16px;">Understanding the differences among major stock markets can help investors diversify globally, spread risk, and capture opportunities across different markets.</span></div></li></ul><div class="ace-line ace-line old-record-id-EF53diujvo6j9exnr8eu8Y5ysVc"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-K95Ld8tr3opu8pxvvhEud2Yqs3g"><strong>1. What Are US Stocks, A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks?</strong></h2><div class="ace-line ace-line old-record-id-BirKdiOrJoVw1AxnMkGu6FYXskd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GylmdJRw6oE7ivxyiZ7up19Tsce"><span style="font-size: 16px;">1.1 US Stock Market</span></h3><div class="ace-line ace-line old-record-id-ZpwkdlG7moW1isxZV8Hu5pbisvc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VLB6dECBUog0yXxiQpZuRfyrsLd"><span style="font-size: 16px;">The US stock market is one of the most important equity markets in the world and is primarily centered around two major exchanges: the New York Stock Exchange (NYSE) and the Nasdaq Stock Market. It is home to many of the world's most innovative technology giants, financial institutions, and biotechnology companies, such as Apple, <a data-lark-is-custom="true" href="https://www.microsoft.com/zh-cn">Microsoft</a>, and Nvidia, making it a core hub of the global capital market.</span></div><div class="ace-line ace-line old-record-id-Bldpd9xiEoQSuOx0PInuOW3vsCh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W3Mfd4Fr7oPdbixjr6duHKs1smg"><span style="font-size: 16px;">Key features of the US stock market include the dominance of institutional investors, high pricing efficiency, strong disclosure requirements, and a mature regulatory framework. Its trading rules are also highly flexible, with support for T+0 trading and a well-developed short-selling mechanism. In addition, the US market leads the world in both market depth and liquidity. Through MEXC's partner licensed broker, investors can directly buy real shares of US-listed companies and participate in the growth of some of the world's top businesses.</span></div><div class="ace-line ace-line old-record-id-N1kNdxyNho827SxdFYxuhN0BsZd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AyzXdaXYZopm3Axr9QDuwyt3sbf"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&BTNURL=<span style="color:rgb(100,37,208)"><u><a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a></u></span>*</span></div><div class="ace-line ace-line old-record-id-RiMGdfLALo7H8QxfAxGuComXsQf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Ebe3dvOxro4N03xuwuzuCSumsvf"><span style="font-size: 16px;">1.2 Japanese Stock Market</span></h3><div class="ace-line ace-line old-record-id-OmPmdsUMvoWK3LxTCzZuxy23sxb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J5Nvdf0q3oezVHxe7CmuUAdCsIb"><span style="font-size: 16px;">The Japanese stock market is represented by the <a data-lark-is-custom="true" href="https://www.jpx.co.jp/">Tokyo Stock Exchange</a> (TSE), with the Nikkei 225 serving as one of its best-known indexes. It is one of the largest stock markets in Asia and also one of the world's major mature markets.</span></div><div class="ace-line ace-line old-record-id-DkKSduZ4RopAQZxJTPhuTD63sSD"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WUDOdM6TJo419OxTuHxutfk3s5c"><span style="font-size: 16px;">Japanese stocks are characterized by a strong mix of traditional manufacturing and advanced technology industries. Sectors such as automobiles, electronics, and precision instruments are globally competitive. Trading is typically done in units of 100 shares, and the market is heavily influenced by movements in the Japanese yen. Foreign investors also play an important role in the Japanese stock market. In recent years, improvements in corporate governance and stronger shareholder return awareness have attracted growing interest from international investors.</span></div><div class="ace-line ace-line old-record-id-WnkHdAe7NoSVenx4mOkuh4YHsZe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Uvx7dFBq9oxoacxD3Fkuxy91s5g"><span style="font-size: 16px;">1.3 A-Share Market</span></h3><div class="ace-line ace-line old-record-id-NAsidtftvotmv3xE7g5uLy9rsUd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KZWsdxzNjoDanpxjC3RuhPt4s0d"><span style="font-size: 16px;">A-shares refer to stocks listed on the <a data-lark-is-custom="true" href="https://www.sse.com.cn/">Shanghai Stock Exchange</a> and the <a data-lark-is-custom="true" href="https://www.szse.cn/index/index.html">Shenzhen Stock Exchange</a> and traded in RMB in mainland China. The A-share market mainly serves domestic Chinese companies and is one of the world's major emerging markets.</span></div><div class="ace-line ace-line old-record-id-UX3NdfDg8ocqwTxfst2uPoPDsag"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Glj9dSQCqo6MBnxWVdLuQRhbsod"><span style="font-size: 16px;">The A-share market is known for its high level of retail investor participation. Market sentiment and policy direction often have a significant impact on stock prices. It follows a T+1 trading system and applies daily price limits, which are generally ±10% for the main boards, ±20% for registration-based ChiNext and STAR Market stocks, and ±5% for ST stocks. In recent years, with the deepening of registration-based reforms and continued internationalization, the A-share market has been moving toward greater maturity.</span></div><div class="ace-line ace-line old-record-id-WVBPdsnxKo6F60xZce5uVlpMsP3"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-G9LSdM0iVo7J57xRK62uVoQAsfh"><span style="font-size: 16px;">1.4 Hong Kong Stock Market</span></h3><div class="ace-line ace-line old-record-id-RZhJddAZloKmOlxzgb3utgNMs1g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Xzwkdg70koLkarxAOBIuGHu5sJg"><span style="font-size: 16px;">The Hong Kong stock market serves as an important bridge between mainland China and global capital. Its main exchange is the <a data-lark-is-custom="true" href="https://www.hkex.com.hk/?sc_lang=en">Hong Kong Stock Exchange</a> (HKEX). The market includes many high-quality mainland Chinese companies, such as H-shares and red-chip stocks, as well as international firms, giving it a high degree of internationalization.</span></div><div class="ace-line ace-line old-record-id-IjQBdppGco4Kehx6X1nuo4qYsue"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Nk6md41TsowZVpxjNjIuT2iAs6H"><span style="font-size: 16px;">Hong Kong stocks follow a T+0 trading system and have no daily price limits, but trading is conducted in board lots, with lot sizes varying by stock from 100 shares to several thousand shares. Trading costs, including stamp duty, are relatively high. The Hong Kong market is also known for its many high-dividend stocks. It is strongly influenced by international capital flows and is generally more volatile than some mature markets.</span></div><div class="ace-line ace-line old-record-id-ILMYdszOBoZeTfxTCFvulsY3sdb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OxbYdkQaWokNNTxYNBsuRsZisXg"><span style="font-size: 16px;">1.5 European Stock Market</span></h3><div class="ace-line ace-line old-record-id-TvZ1dcBnoo7GAux01hkuEsals1e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SIeGdY9fTo3RCExDP04uoE3msah"><span style="font-size: 16px;">The European stock market includes multiple exchanges such as the <a data-lark-is-custom="true" href="https://www.londonstockexchange.com/">London Stock Exchange</a> (LSE), <a data-lark-is-custom="true" href="https://www.euronext.com/en">Euronext</a>, and the <a data-lark-is-custom="true" href="https://live.deutsche-boerse.com/en">Frankfurt Stock Exchange</a>. Together, they form one of the world's major capital market clusters.</span></div><div class="ace-line ace-line old-record-id-GZmtdu6K6oWBeexzhhYuYheIsGb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FbgEdwDcIo4sKHxHNyQukF5psVg"><span style="font-size: 16px;">European stocks are dominated by traditional industries such as finance, industrials, energy, and luxury goods. Representative companies include Nestlé, LVMH, and Volkswagen. European equities generally trade at lower valuations and place greater emphasis on steady operations and shareholder dividends, with dividend yields often higher than those of US stocks. At the same time, the European market is structurally more complex because it is influenced by different national policies and monetary frameworks across multiple countries.</span></div><div class="ace-line ace-line old-record-id-NfP0dX1XZodhtBxWQyRuwlOPsce"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-OMxkdDBwhoEAx4xgnY2uOjuUsuf"><strong>2. A Full Comparison Between the US Stock Market and A-Shares, Hong Kong Stocks, Japanese Stocks, and European Stocks</strong></h2><div class="ace-line ace-line old-record-id-WLVmdlhICo8fTvxjKWDu6JRfsth"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Qmddds375oPNklxvTsxuuChcsUz"><span style="font-size: 16px;">2.1 Trading rules comparison</span></h3><div class="ace-line ace-line old-record-id-GP3adkafXoBfODxgZtWuL7s2sEc"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="126;134;134;134;134;148" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="126"><col width="134"><col width="134"><col width="134"><col width="134"><col width="148"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TC2wdrAqvoqNu8xsaSeucemXslc"><strong style="font-size: 16px;">Comparison Item</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ln8HdIg5Vo43NIxhTS8u5e5Ks3g"><strong style="font-size: 16px;">US Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VghAd4klVosoMkxwWj7uewAes1c"><strong style="font-size: 16px;">A-Shares</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O1KxdpVIdoPPfQxOBPcuFmYwsmk"><strong style="font-size: 16px;">Hong Kong Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Xz8cd6gAMoOdxqxligEuwp6Ysfg"><strong style="font-size: 16px;">Japanese Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QXesdjm45ootxlx2iRlumdmUsPh"><strong style="font-size: 16px;">European Stocks</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TAQLdhLh4o7kpax03h1uCEeXsdb"><span style="font-size: 16px;">Trading System</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DV8odHya3oJI50xjHGXuRiNMsle"><span style="font-size: 16px;">T+0</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EaASdykO6ofQ83xAc6Pu64mHsTb"><span style="font-size: 16px;">T+1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ZmY1dRo6Ro34u3xl0BLuiSxBsng"><span style="font-size: 16px;">T+0 (with T+1 settlement)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CNAMddsq8okB1OxEIbeuzRLNsfe"><span style="font-size: 16px;">T+0</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-WWGKd1iEVoSASFx0qtuuZmXcshP"><span style="font-size: 16px;">Generally T+2 settlement, moving toward T+1</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-GFexdc6Y2oXpb9xXHBJus2cbsZg"><span style="font-size: 16px;">Daily Price Limits</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FPepdfuBdoZ1x0xEOOZuTH0xsXf"><span style="font-size: 16px;">None (with circuit breakers)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ObnIdNMQ7oUqN9xER5pu4NprsAc"><span style="font-size: 16px;">Main board ±10%; STAR Market/ChiNext registration-based stocks ±20%; ST stocks ±5%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Sx82djs4io0XXExN963uOkJBstf"><span style="font-size: 16px;">None</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-NohGdc60pocWiXx5AODuCFLfsIg"><span style="font-size: 16px;">Generally none (with price movement limits)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RAWFdYaTOoRjTDxADdDuTp9MsGe"><span style="font-size: 16px;">Generally none</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-HScQdkCJWo3F5wxaDOku16cOszg"><span style="font-size: 16px;">Minimum Trading Unit</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EM9HdDWsooMPIuxj63suQox1sXl"><span style="font-size: 16px;">1 share</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-XiiCdDRbcoknUZxPYn1uxCyfstf"><span style="font-size: 16px;">100 shares (1 lot)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-VEVJdHkShov90XxrfHeu5CXQsKc"><span style="font-size: 16px;">Board lot basis (from 100 shares to several thousand shares depending on the stock)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ScGnd82R9oDUfgxT26tuPCwtsbb"><span style="font-size: 16px;">Usually 100 shares (1 unit)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-H9UbdcnCdoXWwDxwaZRuykTpssc"><span style="font-size: 16px;">Varies by exchange</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-HfhxdPKIeojFlwxRl5quXxLNsPd"><span style="font-size: 16px;">Short-Selling Mechanism</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Wx1fd4wQjoVJLcxXo9suA6xTsIh"><span style="font-size: 16px;">Well developed, with broad margin trading and short-selling support</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CxNndjqaJoaJWQx6bIJuPrsHsMc"><span style="font-size: 16px;">Restricted, mainly long-only, with limited securities available for short selling</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-B6zFd4A1hofF59xbXjUu8CP4s7g"><span style="font-size: 16px;">Relatively well developed, supports short selling</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IAEdd2AmcoQGfTxUosgu4t50smh"><span style="font-size: 16px;">Well developed</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JuzcdYQNBos1YMxHz5XuPEZYs1d"><span style="font-size: 16px;">Well developed</span></div><div class="ace-line ace-line old-record-id-Z8j8dq4jEojDJ3xZCGpugfz4sjd"><span style="font-size: 16px;"><br></span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JdXndPKihojCDhxv4Oxu4GFisTf"><span style="font-size: 16px;">Trading Hours (Hong Kong Time)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FvvSdM43WovUH3x1TI7uqclVsab"><span style="font-size: 16px;">21:30–04:00 during daylight saving time; 22:30–05:00 during standard time</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Xd70dJXdioAYYvxRuGWuvLU3sHV"><span style="font-size: 16px;">09:30–11:30, 13:00–15:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-GYAede87Jo9BvMxdkwouiR9Hsje"><span style="font-size: 16px;">09:30–12:00, 13:00–16:00</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FiqRd6A7WoOGpoxACmvugGHRsef"><span style="font-size: 16px;">08:00–14:30 (with lunch break)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Ai1QdD6XtoL0iaxOQ4Huav51spc"><span style="font-size: 16px;">Varies by exchange, generally from European afternoon to late evening</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-D4qbd4yXqodUxfxB3I7uFe6jsge"><span style="font-size: 16px;">Pre-Market and After-Hours Trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JbY8d1Ta5oOwhOxJR7guAY9DsDf"><span style="font-size: 16px;">Yes</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Wxazdr1IqoVB5Yx9eXbu2r1Gs7d"><span style="font-size: 16px;">No</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JZHUdYu5poAlCIxqY2Butxprs8c"><span style="font-size: 16px;">Yes (auction sessions)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BlnidPx6RowEmZxple5uAmTDsYe"><span style="font-size: 16px;">Yes</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DkyfdCi8fowQBBxYMxyuSDgssrf"><span style="font-size: 16px;">Available on some exchanges</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-TuNNdGwwOo6lsfxNjAIufpl6sVb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UiotdUSxJoJI5vxj0aju7bYasQb"><span style="font-size: 16px;">Notes:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-LNQSd00V9oJu10x9rFDukBgJsWM" data-list="bullet"><div><span style="font-size: 16px;">T+0 means stocks bought on the same day can be sold on the same day, while T+1 means they can only be sold on the next trading day.</span></div></li><li class="ace-line ace-line old-record-id-ZMI1dhAQwoN81Ix2hTVuJf8IsFe" data-list="bullet"><div><span style="font-size: 16px;">Settlement time refers to the actual delivery of cash and securities and is different from the trading system itself.</span></div></li><li class="ace-line ace-line old-record-id-Fa3AdR7wPoLQTRxGTyyuuAGVsqg" data-list="bullet"><div><span style="font-size: 16px;">Although US stocks do not have daily price limits, they are subject to a market-wide circuit breaker mechanism triggered when the S&P 500 falls by 7%, 13%, or 20%.</span></div></li></ul><div class="ace-line ace-line old-record-id-HiT6d6KqdoWO3txtXlCuZIpmsLg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RA79dS8kwopb1yxT1QEuWSChsie"><span style="font-size: 16px;">2.2 Investment costs and tax comparison</span></h3><div class="ace-line ace-line old-record-id-UBU7dw5lmoUPe5xS8VOux4WgsUd"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="133;133;145;133;133;133" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="133"><col width="133"><col width="145"><col width="133"><col width="133"><col width="133"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SJC4dK6atoyqStxgntUu9qpgsVh"><strong style="font-size: 16px;">Comparison Item</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DVIkdGWdUo4t2kx1jq0u9eMRsf1"><strong style="font-size: 16px;">US Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NuDrdQHn0oYwBVxHKlIuZ43ksff"><strong style="font-size: 16px;">A-Shares</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ucu2dNkDWopY5TxBmIyu483IsiM"><strong style="font-size: 16px;">Hong Kong Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JHwddZ7fQoC2OIxa15xubDFKsZf"><strong style="font-size: 16px;">Japanese Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IbXydoKWdoYP5Sx6ogzuG3GZsWb"><strong style="font-size: 16px;">European Stocks</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-YEnAdQOO6osUv9xMWkNulsbnslc"><span style="font-size: 16px;">Trading Commission</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-OUX3dUJyro7dqDxC5tmuiLZWsjb"><span style="font-size: 16px;">Zero commission or very low commission at many brokers</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Tanwdki12o9APpx4nqsuZMafskd"><span style="font-size: 16px;">0.025%–0.03% (varies slightly by broker)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-XoWCd1jdyoKz2AxgAwDu1sM1spF"><span style="font-size: 16px;">Around 0.25% (minimum charge usually around HK$100)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EmqfdjQiCoCUFhxuZs1ugXNYshg"><span style="font-size: 16px;">Varies by broker</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TDLLdBQu7oK72exSVkluTze8sMd"><span style="font-size: 16px;">Varies by broker</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Pr5kd9OSzoMffVxdw2ruAdCUsVh"><span style="font-size: 16px;">Stamp Duty</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-SFwIdAntWoU1OMxvQBUuYjpEsWf"><span style="font-size: 16px;">None</span></div><div class="ace-line ace-line old-record-id-HhNidpqIUok8zGxJGp5uGrtmshd"><span style="font-size: 16px;"><br></span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-LCrfdBDnXoeYLXxLKlRu0Iv0sqh"><span style="font-size: 16px;">0.1% (charged on sell orders only)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CnicdnvpVo3ZVOxTf2augd6usrf"><span style="font-size: 16px;">0.13% (charged on both buy and sell orders)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-QZzwdLq0YoSxpoxaJZguG4HSsJf"><span style="font-size: 16px;">None</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DB20d1mGPobO5Ox3tYLu3lGAsZe"><span style="font-size: 16px;">Varies by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-NQfNd8BKtow51mxX2o9ujZ2FsJh"><span style="font-size: 16px;">Transfer Fees / Other Fees</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FdsCdKdxmoA4RgxFs5wuoRzpslh"><span style="font-size: 16px;">Very low or none</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-WbkTdnkMLoKujNxkxl7usjgtstd"><span style="font-size: 16px;">Very low (around 0.02%)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IW1hdrQRUonfdZxC7apuW5MRsbc"><span style="font-size: 16px;">Includes transaction levy, trading fee, and other charges</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JCdtdmyXaoDInRxiWlRuRCdTsu9"><span style="font-size: 16px;">Includes consumption tax</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-KCkPdmlnco9cfgxla0juOYDqsBf"><span style="font-size: 16px;">Varies by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ABNgd3kupoHSixxXr55u4QDmsBw"><span style="font-size: 16px;">Dividend Tax (for non-residents)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-YLCndbCeaoyzfRxyFG4uRrNjsLd"><span style="font-size: 16px;">30% (may be reduced to 10%–15% under tax treaties)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-VqFrdASHrosKm1xSvOwuOhF2sxe"><span style="font-size: 16px;">10%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-F5DfdTRy4ozCvfx4dnduW2Dhsoc"><span style="font-size: 16px;">None, though tax may apply depending on the dividend-paying company's place of registration</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MSi4d4NZeoctOAx6EeYuryyUssf"><span style="font-size: 16px;">15.32%</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ZPS4dQDmto6R8RxrsfUuTsujsHe"><span style="font-size: 16px;">Varies by country, generally around 10%–30%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JVD1dzibcoXKusxGDOJuAascsSc"><span style="font-size: 16px;">Capital Gains Tax (for non-residents)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ZcsVdvBZXoIBnBxzSnru2IsZs9e"><span style="font-size: 16px;">Generally exempt</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TyUNdvNAZotY1mxA6D6u7ZYEsth"><span style="font-size: 16px;">Temporarily exempt</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-X2UYdXJDRolmeCxvEplu11qTsyd"><span style="font-size: 16px;">Exempt</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BgizdYU1noFvY5xc5sMuE0bFs1I"><span style="font-size: 16px;">20.315% (may be exempt in some cases)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Nobhdjd3eorK1Xx0CP4uj9MOsyf"><span style="font-size: 16px;">Varies by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MZzEdm0OfojnXQx0mHaup8h5s1c"><span style="font-size: 16px;">Minimum Investment Threshold</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Rvokdj1LloIn4gxhPS7uyE5psXd"><span style="font-size: 16px;">From $1</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-ATy9d0MSDooDzcxIDHEueXXjsfd"><span style="font-size: 16px;">From several hundred RMB, depending on stock price</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BrrvdPZigomNX4xrFLruvDoHsph"><span style="font-size: 16px;">From several hundred to several thousand HKD, depending on board lot size</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-H2vfdvqKIoUkgOxphhcuhdVas3d"><span style="font-size: 16px;">Relatively high</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FwoKdIEcro1loHxgAXWue0Sos0b"><span style="font-size: 16px;">Relatively high</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-LXIfdz6aBoPbl4xMd5QuMVSusvr"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WP9mdvrh8obOgGxOVe9uxMWLsAf"><strong style="font-size: 16px;">Important notes:</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-B5Nkdf1p2otFYdx7AgauZKcisrg" data-list="bullet"><div><span style="font-size: 16px;">Tax policies vary by country and region and may change frequently. Please refer to the latest local rules.</span></div></li><li class="ace-line ace-line old-record-id-NXIsdx2HkoYV2lxwUKRuNy4cs6e" data-list="bullet"><div><span style="font-size: 16px;">Tax treatment for non-residents may also be affected by bilateral tax treaties.</span></div></li><li class="ace-line ace-line old-record-id-U3yIdJJ74oV9awxzbKxukcX7spx" data-list="bullet"><div><span style="font-size: 16px;">Investors are advised to consult a professional tax advisor regarding their own tax situation.</span></div></li></ul><div class="ace-line ace-line old-record-id-CHevdPgiqoMXzXxjAfHu5ENDs7b"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-O57RdxeAcoHis8x1cUGuRkxWs3c"><span style="font-size: 16px;">2.3 Market characteristics comparison</span></h3><div class="ace-line ace-line old-record-id-O0Uzd1AXqougB0xfwpOuEH07sM4"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="104;140;163;140;140;140" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="104"><col width="140"><col width="163"><col width="140"><col width="140"><col width="140"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DVmidz8eUoPwsSxl28VuBumksdf"><strong style="font-size: 16px;">Comparison Item</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Fx15dQuHNopqE1xbfmHuicpfsfh"><strong style="font-size: 16px;">US Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BWp0d7kSfoqhokx7QInuAGZbsgg"><strong style="font-size: 16px;">A-Shares</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MQa8dkAM6oLFsVxkVDpue6WWskh"><strong style="font-size: 16px;">Hong Kong Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZisSd2gAvo2Hdzx8MpQusgrQsqe"><strong style="font-size: 16px;">Japanese Stocks</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-LKb5d0VuMoVV4WxSiK6uZgWXsIc"><strong style="font-size: 16px;">European Stocks</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RB43dlNgWok3SgxF4o1uj8KAsHc"><span style="font-size: 16px;">Market Maturity</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FQ9CdPyG3oxtTfxUPo5ur3GxsNW"><span style="font-size: 16px;">Highly mature</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-W4HQdl2pmoqzT9xFA4luVWyjs2f"><span style="font-size: 16px;">Emerging market, developing rapidly</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-H4kadwyWTo1YioxtW5juW3R1sQm"><span style="font-size: 16px;">Mature and highly internationalized</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UcoudMCuKoet9Vx1WJHuNkuhs2d"><span style="font-size: 16px;">Mature market</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FNxxdrTBHofYsux3mHdunLwes1d"><span style="font-size: 16px;">Mature market</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Zxaad39k9onWpSxbkA6uiBKdsbd"><span style="font-size: 16px;">Investor Structure</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Sr3GdgFVjo6tt6xibPruq71qsEd"><span style="font-size: 16px;">Institution-led, focused on long-term value investing</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FYOtd3N63o3eHzxetWIu9OM2svd"><span style="font-size: 16px;">High retail participation and active trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RhxddQ6tzo42nbxI67huc7v3stb"><span style="font-size: 16px;">Institution-led, heavily influenced by international capital</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-E18zdv69joXZmtx3JKIu8sIss5c"><span style="font-size: 16px;">Institution-led, with a relatively high share of foreign investment</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-WjGjdA6yWoTlTWxoZJiuVH7Bsyd"><span style="font-size: 16px;">Institution-led, with an emphasis on dividends</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UzfNdCQBLoXXpGxkQynucgsksqb"><span style="font-size: 16px;">Disclosure Standards</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Qa1QdK37ZoRzt5x48axu9FghsNg"><span style="font-size: 16px;">Extremely strict and well established</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RLGJdB6nnostqRxOPAJu0n0qsw3"><span style="font-size: 16px;">Strict and continuously improving</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JrCvdJY4Ao8oWRxQ0TBuYXcJsJb"><span style="font-size: 16px;">Strict and aligned with international standards</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-S2gMdH820oKsTvxyXefu1up1sUe"><span style="font-size: 16px;">Strict</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DQYYdgzXuoSCfwxUnT8uWA5FsCg"><span style="font-size: 16px;">Strict, though standards vary by country</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-PEwmdTu1DoKZOXx279Lun13uszd"><span style="font-size: 16px;">Market Liquidity</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IatMdZdcko4a6Dx8nAXulcc6swb"><span style="font-size: 16px;">Extremely high</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Db8RdV25zoXNHKxEnGzuvw1rslf"><span style="font-size: 16px;">High on the main boards; medium on ChiNext and STAR Market</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CAzNdeh0OoI2fyxnUsjumJOlsJf"><span style="font-size: 16px;">High for blue chips on the main board; medium for small- and mid-cap stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BpB6doHWboMX8dxDLOouHyhAsih"><span style="font-size: 16px;">High</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MLgYdAYn2oD7voxyrSiuXaIhsAg"><span style="font-size: 16px;">Medium to high</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-NlGEdfe5modkkexvdhGud9DQswd"><span style="font-size: 16px;">Volatility Characteristics</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-LURYd8I19oXSeUxmkPeusPxysBc"><span style="font-size: 16px;">Generally more rational, with a long-term upward bias</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-DhvAd57d0ot1bkx1vhqud2lysxb"><span style="font-size: 16px;">Higher volatility and more sentiment-driven</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MQV3dPWqConDdVxuHAVua83RstJ"><span style="font-size: 16px;">Higher volatility and more affected by external factors</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-V0GrdjnRvo4kI2xg9KYuy1CHs1e"><span style="font-size: 16px;">Relatively stable, but affected by exchange rates</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-SVmgdf8LLoQBI4xEjgauiigAs7g"><span style="font-size: 16px;">Relatively stable, but influenced by policy factors</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-KeLQd11H1oZMBTxe43PuSPLgs5d"><span style="font-size: 16px;">Representative Indexes</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-XEdQdjjD3oPHgBxQQyxuUY2AspV"><span style="font-size: 16px;">S&P 500, Nasdaq Composite, Dow Jones Industrial Average</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-PcFKdhWraon2e9x42KNuleWosHd"><span style="font-size: 16px;">SSE Composite, SZSE Component, CSI 300</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-EVxfdI6jHo1Bt0x6O2AuX0iFsAc"><span style="font-size: 16px;">Hang Seng Index, Hang Seng TECH Index</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CUNgdmKn5oaCqgx6BBTupulIsdd"><span style="font-size: 16px;">Nikkei 225, TOPIX</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RwkDdjxrUoY7LvxwoBEuBlYwsOe"><span style="font-size: 16px;">FTSE 100, DAX, CAC 40</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-ORk2dGP9wo3tVpx0bBfuKeY4sSb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AJmJdsNOnoZaGQxHUKJuFqOdsQb"><span style="font-size: 16px;">2.4 Examples of well-known listed companies</span></h3><div class="ace-line ace-line old-record-id-L8gydHti4oY5NlxGwjQuyNtMsbh"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="111;180;180;180;169" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="111"><col width="180"><col width="180"><col width="180"><col width="169"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BD0udpysyoYxCcxad7guposbsTb"><strong style="font-size: 16px;">Market</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FE4QdpBDboYA9Qxjy3Su4RHhsbc"><strong style="font-size: 16px;">Technology</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-X4Cad8F4aoHWkTx0dFpu8tfgsZb"><strong style="font-size: 16px;">Financials</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-O9qad3cacoJHZsx3NAbuRFucsje"><strong style="font-size: 16px;">Consumer</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SiNEdwGoooYqbJxHT7ruCJNvs8e"><strong style="font-size: 16px;">Industrials / Manufacturing</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UZoldtMW2ovVUhxWTX1uIPSasge"><span style="font-size: 16px;">US Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TDd9dV8bRoThfdxnWFguPGM1s7e"><span style="font-size: 16px;">Apple, Microsoft, Nvidia, Google, Amazon, Meta</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-YDXydc7AhoBoLlxD1JEurPm4sDC"><span style="font-size: 16px;">JPMorgan Chase, Bank of America, Goldman Sachs, Wells Fargo</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-T50OdKR8foyS9Zx4yVluikoGshe"><span style="font-size: 16px;">Coca-Cola, Procter & Gamble, McDonald's, Nike</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RYC1druRZo8tOexMT6JuPix0sog"><span style="font-size: 16px;">Boeing, General Electric, Caterpillar</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-JLvidxqSNoUku6xpz2dun5zwsPd"><span style="font-size: 16px;">A-Shares</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-R8Vmda7VHoDzDQxCNkrue4gps5c"><span style="font-size: 16px;">ZTE, BOE, CATL, BYD</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TsFIdSXp4ooKJUxcuyRusfXKsRS"><span style="font-size: 16px;">ICBC, Ping An, China Merchants Bank</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UGszd13iyoMtq3xmse8ulFXZspg"><span style="font-size: 16px;">Kweichow Moutai, Yili, Midea, Haitian</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Wcx4dJy1LoXr0zxkyaKuWdp8sDe"><span style="font-size: 16px;">CRRC, SANY, PetroChina</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BXRkdmpOjoaxk7xv9TXu2Ur3stc"><span style="font-size: 16px;">Hong Kong Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TisgdUXoCog7TxxtSOpuSZBHsjc"><span style="font-size: 16px;">Tencent, Alibaba, Meituan, Xiaomi</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CvY5dnrD0op3ejxlGF1uE5kNsug"><span style="font-size: 16px;">HSBC, Bank of China, AIA</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-KqVtdbH2ioOiIgxLz7TutOIps7g"><span style="font-size: 16px;">Mengniu, Haidilao, Li Ning, Anta</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-HBY4dbkiOoAd9DxNLd0uCFZmsNh"><span style="font-size: 16px;">CNOOC, China Mobile, CK Asset</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-X5VVd1dBQou8qkxYWUSuh93qsJe"><span style="font-size: 16px;">Japanese Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-V18WdZXmioyeAJxwcz6uNWiKsXb"><span style="font-size: 16px;">Sony, SoftBank, Kyocera, Tokyo Electron</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TrsbdaKZXonwEdxy1YhuioLPsEg"><span style="font-size: 16px;">Mitsubishi UFJ Financial Group, Nomura Holdings</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-LgE9d0bh8otIbgxMYA5u1cH9sye"><span style="font-size: 16px;">Fast Retailing (Uniqlo), Seven & i Holdings</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Saw9dpK62oF9Vzxk8L9u7WUCsvp"><span style="font-size: 16px;">Toyota, Honda, Panasonic, Mitsubishi Heavy Industries, Fanuc</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Xo5RdEglsoozUqx6WDjuJFwFsDv"><span style="font-size: 16px;">European Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-GZpcdKMw6oqvW2xlSiyu3DVTsJg"><span style="font-size: 16px;">SAP, ASML, Nokia</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Bw7NdLunYoAeIQxHjHeuCZgZsBI"><span style="font-size: 16px;">HSBC, Santander, UBS</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CBR5dBxJBoYJhyx3cs5u1koNsje"><span style="font-size: 16px;">Nestlé, Unilever, LVMH</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-MCFmdlQEpoSnPaxGqz6u9ilDsUh"><span style="font-size: 16px;">Volkswagen, Siemens, Airbus, Shell</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-P5Yudad1Go73uRxIazpug5q4sbd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-IDwTdy4dKoBXEgxNApwuUbeWsqb"><span style="font-size: 16px;">2.5 Core advantages of each market and suitable investor types</span></h3><div class="ace-line ace-line old-record-id-EoWudyg6Lo6vwhxzk5muTbUlsJ7"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="117;374;343" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="117"><col width="374"><col width="343"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XzK0dhTbJoxZkCxtzncugCNusle"><strong style="font-size: 16px;">Market</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PUK5dAFDeoy2ksxlJgBuNxLqsnd"><strong style="font-size: 16px;">Core Advantages</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PP9ldKONXoiAhfxDZo7uBJ5ssif"><strong style="font-size: 16px;">Suitable Investor Types</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-CsuNdPeoUo7iD1xzzmQuIz0BsSg"><span style="font-size: 16px;">US Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-Yf88dgGaFopPXExi3ISuHc6Is8c"><span style="font-size: 16px;">Highest global liquidity, most convenient trading access, strong concentration of innovative technology companies, T+0 trading, no daily price limits, institution-led and relatively rational, high transparency and strong regulation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-QxUXdmbZ7ov3BKxWgxAuW3kIsCf"><span style="font-size: 16px;">Investors seeking long-term capital appreciation, following global innovation trends, building global asset allocation, and preferring mature markets with efficient pricing</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-U4dVdDPG9oHLWWxQzHMus6XVs3e"><span style="font-size: 16px;">A-Shares</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RFD5dgfrrob1n6xkpL9ufPLasIe"><span style="font-size: 16px;">Direct exposure to China's economic growth, trading hours aligned with mainland China, familiar local market environment, strong policy support, abundant opportunities in emerging industries</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-IECJdhM1UonIP6xRMZMuwIwWspc"><span style="font-size: 16px;">Investors bullish on China's long-term growth, familiar with domestic companies and markets, able to understand policy impacts, and willing to accept relatively higher risk</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FSild2hR0oNBNDxrOA7uCpyfsqf"><span style="font-size: 16px;">Hong Kong Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-BxJTdijvcoBOZUxE9VNu8G2xs2e"><span style="font-size: 16px;">A bridge between mainland China and international capital, T+0 trading, no daily price limits, many high-dividend blue chips, access to large Chinese companies, strong internationalization</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-OSeodqj6Mofhl5xJY88usuHgsIf"><span style="font-size: 16px;">Investors focused on quality Chinese companies, seeking higher dividend yields, requiring trading flexibility, pursuing cross-border allocation, and able to tolerate higher volatility</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-SlSZdiSCtoFjr9x1GZvu0I1dskK"><span style="font-size: 16px;">Japanese Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-RBIUdaB4CooUAlxdgTsuqhDTsuo"><span style="font-size: 16px;">Global leadership in advanced manufacturing, improving corporate governance, strong dividend tradition, relatively reasonable valuations, orderly market structure</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-FFvAdBn1Ro1wfWxBdpwuwAAPsCf"><span style="font-size: 16px;">Investors optimistic about Japanese manufacturing and technology, seeking steady long-term returns, following value investing principles, focusing on developed Asian markets, and paying attention to corporate governance</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-PmcSdLm0aoSJVaxZryVubMwTsnd"><span style="font-size: 16px;">European Stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-UgqXdFFSBoQeqMxDog3uyZg8sWb"><span style="font-size: 16px;">Lower valuations, relatively attractive pricing, steady dividends from mature companies, strength in traditional industries, better geographic diversification, many long-established businesses</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div class="ace-line ace-line old-record-id-TAX0dR0BHoAv3kxeZbBu8NHysLb"><span style="font-size: 16px;">Investors seeking stable returns and dividend income, favoring value investing, optimistic about traditional competitive industries, building globally diversified portfolios, and investing for the long term</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-PxyTdnpXOoclxsxnxIKut8FnsOe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-WOlDdfHqboLtFoxJvkbufWPCsqh"><strong>3. Why Choose MEXC for US Stock Investing?</strong></h2><div class="ace-line ace-line old-record-id-RvZwdwEDioUVzWx5GuluXNAAsOh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UXVQd8xSRou99nxLHzVum7l4sDb"><span style="font-size: 16px;">Through its compliant partner licensed broker, MEXC provides global investors with a convenient and secure way to invest in US stocks.</span></div><div class="ace-line ace-line old-record-id-F8IpdVVQkotpvUxeo5BuKmojsUg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-CU4Pd0pKKoBtsHx8oKcuNpj4sFf"><span style="font-size: 16px;">In terms of account opening, MEXC's direct US stock access channel features a smooth <a data-lark-is-custom="true" href="https://www.mexc.com/support/article/why-is-kyc-verification-necessary-17827791519717">KYC</a> process, and the account-opening process on the licensed broker side is straightforward, helping reduce barriers to entry. Compared with the more cumbersome procedures and longer review cycles often associated with traditional brokers, MEXC allows users to enter the US stock market more efficiently.</span></div><div class="ace-line ace-line old-record-id-DaFcduzz0oT20Ux0jLzuQKAGsbf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Kt7qd5VkeoEVs2xtHzUuRBT7s8x"><span style="font-size: 16px;">In terms of trading mechanics, the assets traded are real US stocks denominated in USD, and ownership of the stock assets belongs to the user. The platform supports core functions such as stock buying, selling, and position management. Users may benefit both from stock price appreciation and from shareholder rights such as dividends, allowing them to participate in the market with real ownership.</span></div><div class="ace-line ace-line old-record-id-Y0NkdzBsXo1iswxSaDaukXwhsYU"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G7CsdrlJzoGZFRxhftpuUtE1sHb"><span style="font-size: 16px;">In terms of market data support, users can access a limited-time Level 1 real-time market data experience as well as extended-hours market quotes. Eligible users may also enjoy real-time market data subsidies, helping them track market conditions more accurately and make more informed investment decisions.</span></div><div class="ace-line ace-line old-record-id-L0y9dAL40o3cN9xeiq2uOFBmsVg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-HWL5dQOm2o4NKKxnAdcuUqTYs4R"><strong>4. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-FnDrd5FQ9oolpaxPRdSuYkmss3c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-CQQRdZvnfowAO1xwTv3u72RJsQc"><span style="font-size: 16px;">4.1 How much money do I need to start investing in US stocks?</span></h3><div class="ace-line ace-line old-record-id-C5kRdC4aeobnQDxwHS9uhkTysPh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-J16pd62a6oUyF0xumBmu29xfswc"><span style="font-size: 16px;">The minimum trading unit for US stocks is 1 share, so the actual entry threshold depends on the stock price.</span></div><div class="ace-line ace-line old-record-id-BYDDdlJyToIrCGxj53cuV0nEsVe"><span style="font-size: 16px;">Stocks at different price levels include:</span></div><div class="ace-line ace-line old-record-id-UKf0d0J46ohVfhx9mmjucuJVszK"><span style="font-size: 16px;"><br></span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-VvLjde2GjosmkkxHmmOurjfdsCb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Lower-priced stocks:</strong> around $10–$50 per share, such as Ford and Bank of America, allowing investors to get started with only a few dozen dollars</span></div></li><li class="ace-line ace-line old-record-id-Gbood08tIoVVKfxaKxYuPcHTsOb" data-list="bullet"><div><span style="font-size: 16px;"><strong>Mid-priced stocks:</strong> around $50–$300 per share, such as Coca-Cola, Disney, and Intel, usually requiring a few hundred dollars</span></div></li><li class="ace-line ace-line old-record-id-Goz2dsMpOogwYbxtFjWuBKNNsOe" data-list="bullet"><div><span style="font-size: 16px;"><strong>Higher-priced stocks:</strong> above $300 per share, such as Microsoft, Google, and Nvidia, generally requiring several hundred to over a thousand dollars</span></div></li></ul><div class="ace-line ace-line old-record-id-QrMLdrF00o1Wd6xBUCKudBHLssb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UQlNdLzSVo3fO1xxarruXRTQsCe"><span style="font-size: 16px;">There are thousands of quality US stocks across different price ranges, so investors can choose suitable targets based on their own available capital. The key is to invest with spare funds and stay within a reasonable budget.</span></div><div class="ace-line ace-line old-record-id-EculdFAqaonOX7xPFZtu7JGbseW"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-TUCRdc7SVopSQQxLY3hu8xJEsKh"><span style="font-size: 16px;">4.2 Which is better for investing, US stocks or A-shares?</span></h3><div class="ace-line ace-line old-record-id-ZCFXdomhhoxJ0uxlaSTuqXTDsle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VLgBdkK2hoqz5zxvZCFu7aa5szf"><span style="font-size: 16px;">Each market has its own strengths, and the better choice depends on your investment goals and risk preferences.</span></div><div class="ace-line ace-line old-record-id-UIRIdsm4ao4Mroxd7Quurm54sUV"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JAAed74l3oUXQ8xBZuduEAM9sdb"><span style="font-size: 16px;">US stocks may be more suitable for investors seeking long-term growth and exposure to global technology leaders. The market is mature, highly liquid, and offers a wide range of investment targets. A-shares may be more suitable for investors who are familiar with China's economy and want exposure to domestic companies. From a global asset allocation perspective, combining both markets may help diversify risk.</span></div><div class="ace-line ace-line old-record-id-K64AdGOyqoMzNYx3UQguBi0qsjb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EGosdVNcKo0knOxuGpauDXQbslh"><span style="font-size: 16px;">4.3 Why do technology stocks account for a larger share of the US market than in other markets?</span></h3><div class="ace-line ace-line old-record-id-SdASdcbVoonwkwxLVGxu8NG6s8b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DPnYd7pnloH7xBx8hA8uyfI2sSg"><span style="font-size: 16px;">The large weight of technology stocks in the US market is mainly due to several factors:</span></div><div class="ace-line ace-line old-record-id-HKzXdWAQKoLrrmxPOqguiDNusMd"><span style="font-size: 16px;">1. The United States has one of the world's most complete innovation ecosystems and venture capital systems.</span></div><div class="ace-line ace-line old-record-id-UMxEdJsiSosgy2x7lVcuERMsshb"><span style="font-size: 16px;">2. Innovation hubs such as Silicon Valley have produced many major technology companies.</span></div><div class="ace-line ace-line old-record-id-Itp2dQKK4o82cHxMA80u8tnNs1b"><span style="font-size: 16px;">3. The US stock market is more accommodating to growth companies and allows pre-profit technology firms to go public.</span></div><div class="ace-line ace-line old-record-id-ACkCd3IPcokhInxWYuJu4orisOy"><span style="font-size: 16px;">4. The market is dominated by institutional investors, who tend to focus more on long-term corporate value.</span></div><div class="ace-line ace-line old-record-id-CGdodASr3oA6N0xf7W2upuSJsxc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Qb2Ydb0P0oTj0zx5jdMu9syBsqf"><strong style="font-size: 16px;">Recommended Reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-BiaidefrxoBY5rxPKCCuT2mcsWd" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-MxrGdxzo3oNEIzxZkU6urfzfsFd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-UO0UdnWksoX5ltxuFhLuFyrlsqb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Three Major US Stock Exchanges and Three Major Market Indexes</a></div></li><li class="ace-line ace-line old-record-id-SERBd75TiotFOyx4xjauEQ16smd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Basic Trading Rules of the US Stock Market</a></div></li><li class="ace-line ace-line old-record-id-O1AndkgJSoN0Uzx0rdQuqX2Bs9d" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide </a></div></li></ul><div class="ace-line ace-line old-record-id-Qx0sdDq3poEmycxyHKHuo5dssNe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OnnvdnVuHoudLdxh6EyuDeb1sBc"><span style="font-size: 16px;">Disclaimer:</span></h3><div class="ace-line ace-line old-record-id-U7Ssdz8U5okKt2xy6PGuLLSRszg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NFPddPxbToWkfrx8XCQubyj8saf"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-VOQhdD3kXoylkPxiHuruwBjSs2d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JKUkdNkiloHUQgxNo4eu9oupsmf"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-Hxv1dbxxEoVNmZxeNrouNtbkszh"><span style="font-size: 16px;"><br></span></div></div>
Understanding the Basic Trading Rules of the US Stock Market
<div data-page-id="IYQgdcvHeodPfnxRzz4uhI1nsGc" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-PfGedNiHVoNaJGxewr6u1EHes5g"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-IkZkd6UQNohE2RxoPV4ul9IMsUe" data-list="bullet"><div><span style="font-size: 16px;">The US stock market follows a T+0 trading system, which means stocks bought today can be sold today. The minimum trading unit is 1 share, making trading flexible and convenient.</span></div></li><li class="ace-line ace-line old-record-id-YdWPdq8JYoqDWtxWOBduCURaseh" data-list="bullet"><div><span style="font-size: 16px;">There is no daily price limit in the US stock market, but a three-tier circuit breaker system is in place to pause trading during sharp market declines.</span></div></li><li class="ace-line ace-line old-record-id-PepSd5Mpao8wStx4WGjub9czstc" data-list="bullet"><div><span style="font-size: 16px;">Dividends received by non-US investors are generally subject to a 30% withholding tax, while capital gains from stock trading are usually not taxed by the US.</span></div></li><li class="ace-line ace-line old-record-id-I3eddeXNDo3kXmxqImKutCfosEp" data-list="bullet"><div><span style="font-size: 16px;">If your account equity is below $25,000, you should pay attention to day trading restrictions to avoid trading limitations.</span></div></li><li class="ace-line ace-line old-record-id-FI3MdeKesoD0bJxZEHnu2zORsDc" data-list="bullet"><div><span style="font-size: 16px;">Through its partner licensed broker, MEXC provides access to the US stock market. The stock assets are held in the user's name and belong to the user.</span></div></li></ul><div class="ace-line ace-line old-record-id-LaWtdBIeDoN6wkx32DDuzBQ7s0e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EDBDdb3VDog9d8xoy2HutY7psye"><span style="font-size: 16px;">Through its partner licensed broker, MEXC offers global users access to trading in real shares of publicly listed US companies. Users can directly buy and hold stock assets, benefit from stock price movements, and enjoy shareholder rights. Before you begin investing in US stocks, it is important to understand the market's trading rules in full. Doing so can help you build a more complete investment framework and make more rational investment decisions.</span></div><div class="ace-line ace-line old-record-id-X1vgdBCuioOedkxByw0uxyBNsJg"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-FE80d4JMioEBonxyaD6uqYWus3d"><span style="font-size: 16px;">*BTN-<strong>Trade Real</strong><strong>Stocks </strong>& BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a>*</span></div><div class="ace-line ace-line old-record-id-QrsRd4EUKoZ6tlxqoJvufPnCspd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Qz9RdtaNqo6KHBxEdCBudkMus1g"><strong>1. Core Trading Rules of the US Stock Market</strong></h2><div class="ace-line ace-line old-record-id-DKugdCgkFotqBSxO4YmufLGKsk0"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-DnR9dXc1woJ9asxXo6EuPJgmsMh"><span style="font-size: 16px;">1.1 Minimum trading unit</span></h3><div class="ace-line ace-line old-record-id-DMj5dn8i8opeABxDRLQuoAnqsDY"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VqNRdvYfEoNCjZxdVZsulkjBsdV"><span style="font-size: 16px;">The minimum trading unit in the US stock market is 1 share. Compared with the A-share market, where purchases typically start from 100 shares, and the Hong Kong stock market, which trades in board lots, the US market has a much lower entry threshold. This system allows investors to allocate their portfolios more flexibly based on their available capital. Even for high-priced stocks, investors can participate by purchasing a smaller number of shares.</span></div><div class="ace-line ace-line old-record-id-AooVdBaTyo9nALxuWlDuGQu8sYe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ETmtdJMhAoOYXZxsga5uqzjgsUC"><span style="font-size: 16px;">1.2 Same-day round-trip trading system</span></h3><div class="ace-line ace-line old-record-id-XFLsdV8Jkozar8ximH6u9ybTs2g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-K2GVdOXlKoDUqHxZJl7ut0ZQsvd"><span style="font-size: 16px;">The US stock market follows a T+0 trading system, which means investors can sell a stock on the same day they buy it. This system provides higher capital efficiency and greater trading flexibility, making it particularly suitable for strategies that need to respond quickly to market changes.</span></div><div class="ace-line ace-line old-record-id-Yxo8d5he5oPED8xwI6YuMwJ0szg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X8JbdFquKomNzixJ5s2unPfVstg"><span style="font-size: 16px;">It is worth noting that although trading follows a T+0 model, cash and securities settlement still follows a T+1 cycle. In practice, this means that after selling a stock, the proceeds can usually be used immediately for further trading, but can only be withdrawn after settlement is completed on the next trading day.</span></div><div class="ace-line ace-line old-record-id-TrVEdinD4oDYKwxhnHNuGJHmsKf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UlTHdOfVroLixSx9AZTulnnRsIe"><span style="font-size: 16px;">For example, if an investor buys and sells a stock on Monday, the sale proceeds will be settled on Tuesday. Only after settlement is completed can the funds be withdrawn.</span></div><div class="ace-line ace-line old-record-id-P5DydfCZio2FAaxepMduvxJhsnh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RXeBdTnrYofKWexVyyZuVwxvsSe"><span style="font-size: 16px;">1.3 Minimum price movement</span></h3><div class="ace-line ace-line old-record-id-RoHwdrMdUozLHYxLu4huqNLKsNf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AjVKd1hK0ogsy3xgirmuhEGDsmb"><span style="font-size: 16px;">The minimum price movement, also known as the tick size, varies depending on the stock price:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Af4ndnNOEoQUCIxnw9Iu5K2vsAe" data-list="bullet"><div><span style="font-size: 16px;"><strong>For stocks priced at $1 or above</strong>, the minimum tick size is $0.01</span></div></li><li class="ace-line ace-line old-record-id-RmJSdMmIBoT8FZxcJADub04wszd" data-list="bullet"><div><span style="font-size: 16px;"><strong>For stocks priced below $1</strong>, the minimum tick size is $0.0001</span></div></li></ul><div class="ace-line ace-line old-record-id-JziYdxVzpobNFFxBuBmub11fstb"><span style="font-size: 16px;">This rule helps ensure appropriate pricing precision across different price ranges and supports more efficient price discovery in the market.</span></div><div class="ace-line ace-line old-record-id-SjKpdUBbhoOTInxCvd4uTp4dsMK"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FfxvdE1OlojNdRxN2BMuMSqasxd"><span style="font-size: 16px;">1.4 Stock ticker system</span></h3><div class="ace-line ace-line old-record-id-Y326dseyVoTlzox4gGBuxXUIsig"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BwK0dqwmTod6jCxG4cEuAxyzsuh"><span style="font-size: 16px;">US stocks use a ticker symbol system made up of letters, usually 1 to 5 characters, representing an abbreviation of the company name. For example: AAPL for <a data-lark-is-custom="true" href="https://www.apple.com/">Apple</a>, MSFT for <a data-lark-is-custom="true" href="https://www.microsoft.com/zh-cn">Microsoft</a>, TSLA for <a data-lark-is-custom="true" href="https://www.tesla.com/">Tesla</a>, and KO for <a data-lark-is-custom="true" href="https://www.coca-colacompany.com/">Coca-Cola</a>.</span></div><div class="ace-line ace-line old-record-id-OkMzdtSTAogolIx43skuO1xosge"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ZL6vdWrkuoWdO7xeJ3ru0ASvsBh"><strong>2. Price Limits and Circuit Breaker Mechanisms in the US Stock Market</strong></h2><div class="ace-line ace-line old-record-id-ZCL5d5PMSoP566xZyofun5fZsJe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-L3dedWOszoHz7RxdFaduKrmUsfd"><span style="font-size: 16px;">2.1 Daily price movement rules</span></h3><div class="ace-line ace-line old-record-id-WvXYdRaB2oGIa9x8b80uKrFvsUg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NdCYd20jooYdGwxM7J7uToixsbi"><span style="font-size: 16px;">The US stock market does not impose a daily price limit. In theory, a US stock may rise or fall by more than 20% in a single trading day. While this gives investors greater upside potential, it also means they are exposed to higher price volatility.</span></div><div class="ace-line ace-line old-record-id-IsJ8dAhSToZU7NxSZVbuxkfXsbb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AqHJdZ5yvo9g6FxAkHUuhYHLsJh"><span style="font-size: 16px;">Risk reminder: When investing in US stocks through MEXC's partner licensed broker, investors should carefully assess their own risk tolerance, allocate their portfolios prudently, and avoid excessive concentration in a single stock.</span></div><div class="ace-line ace-line old-record-id-AnEGdtCTzosddtxR8R9uDXLJsMe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-JPzwdyfSvoQcdHxlvzruvAcXssh"><span style="font-size: 16px;">2.2 Three-tier market-wide circuit breaker system</span></h3><div class="ace-line ace-line old-record-id-EGVpdfWbToKxL6xR4nTuGknGs3b"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HjusdAVrToZeUBxeVTfuefZUsFp"><span style="font-size: 16px;">To prevent excessive market volatility and panic selling, the US stock market has established a three-tier market-wide circuit breaker system based on the <a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/S%26P_500">S&P 500 Index</a>. The purpose of this mechanism is to provide a cooling-off period by pausing trading, allowing investors more time to assess risks rationally.</span></div><div class="ace-line ace-line old-record-id-BKdCdXspjoaCHVx3ZwwuwBlFsch"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UETCde2y5oPiogx2dgKulWD7svg"><strong style="font-size: 16px;">Level 1 circuit breaker: S&P 500 falls by 7%</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-PzBvdktZco3CLKxBNVWuHrPYsqf" data-list="bullet"><div><span style="font-size: 16px;">If triggered between 9:30 a.m. and 3:25 p.m. ET, trading across the market is paused for 15 minutes</span></div></li><li class="ace-line ace-line old-record-id-D4DSdHqYjoNr4OxGybDu0LGfsQd" data-list="bullet"><div><span style="font-size: 16px;">If triggered after 3:25 p.m. ET, trading continues with no halt</span></div></li><li class="ace-line ace-line old-record-id-R8SgdzCzHoqBTFxu7BAunt5YsbY" data-list="bullet"><div><span style="font-size: 16px;">Can only be triggered once per trading day</span></div></li></ul><div class="ace-line ace-line old-record-id-DgGndFRQsotDKyxMxoDuZMwCsTe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Xo9zdgRijokNiixr7v0uO4J2sde"><strong style="font-size: 16px;">Level 2 circuit breaker: S&P 500 falls by 13%</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-N8S7d490GoXq1xxQIieuw112sZc" data-list="bullet"><div><span style="font-size: 16px;">The trading halt rules are the same as Level 1</span></div></li><li class="ace-line ace-line old-record-id-Cv4MdgO7WoS28NxlqcoupWSjszf" data-list="bullet"><div><span style="font-size: 16px;">Can only be triggered once per trading day</span></div></li><li class="ace-line ace-line old-record-id-BJHNdB977o6pfkxHZqLu3gOysEh" data-list="bullet"><div><span style="font-size: 16px;">Level 1 and Level 2 are counted independently within the same trading day</span></div></li></ul><div class="ace-line ace-line old-record-id-Ak3tdTqc6oUPlcxiMRkumfyisyh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Uslrds3lYoQk3wxApXHuGOZasGh"><strong style="font-size: 16px;">Level 3 circuit breaker: S&P 500 falls by 20%</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-AVA2dA8dNoqhTJxXsNUuTFShsuh" data-list="bullet"><div><span style="font-size: 16px;">Trading across the market stops immediately, regardless of the time</span></div></li><li class="ace-line ace-line old-record-id-Z9JydnIw8o2y4oxiIriuW2FRs1e" data-list="bullet"><div><span style="font-size: 16px;">Trading remains halted until the next trading day</span></div></li></ul><div class="ace-line ace-line old-record-id-G1HzdcYmioZV2FxG7Bkuwe4AsPd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AEjBd8dpiorIllxgFAHuy8lrsib"><span style="font-size: 16px;">The circuit breaker mechanism is designed to:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-JhY2dkhZPoClU2xmg47uuSHrsfg" data-list="bullet"><div><span style="font-size: 16px;">Give market participants time to cool down and reassess</span></div></li><li class="ace-line ace-line old-record-id-KAY4dGqz0ozRnAxqq9OuEkEoscA" data-list="bullet"><div><span style="font-size: 16px;">Prevent panic from spreading too quickly through the market</span></div></li><li class="ace-line ace-line old-record-id-Zxc4dLjgPogB3kxLOP9u0IrRsUc" data-list="bullet"><div><span style="font-size: 16px;">Reduce the impact of irrational trading behavior</span></div></li><li class="ace-line ace-line old-record-id-RjzGdWsY4opib5xml0MutyNVsRg" data-list="bullet"><div><span style="font-size: 16px;">Help preserve orderly liquidity and price discovery</span></div></li></ul><div class="ace-line ace-line old-record-id-DI7IdFJjvoRATTx4sofuePXWs9g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SsgqdwPxRoRCfXxpRGYulJCnsub"><span style="font-size: 16px;">2.3 Single-stock trading pauses (Limit Up-Limit Down, LULD)</span></h3><div class="ace-line ace-line old-record-id-KaaUdJZuxoSp2gxIVF0uP67yshh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Wk5kdTilio6WaHx9JvPucg56sth"><span style="font-size: 16px;">In addition to market-wide circuit breakers, individual stocks may also be subject to trading pauses when they experience abnormal price swings. This is known as the Limit Up-Limit Down (LULD) mechanism. Its core purpose is to reduce extreme volatility by imposing a temporary pause in trading.</span></div><div class="ace-line ace-line old-record-id-SpcTdgVNxod9TUxBKZUuEYJXsih"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Iz16dUOsJoGpISxhINku26cosMe"><strong style="font-size: 16px;">Length of trading pause after being triggered</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-MnTjdkeHhosCfdxNx1EuOBPWsD9" data-list="bullet"><div><span style="font-size: 16px;">Standard pause: If a stock moves beyond the permitted price band within 5 minutes, trading will be automatically paused for 5 minutes</span></div></li><li class="ace-line ace-line old-record-id-D8S0dlpUDoBSncx2FjWuoOKEs9b" data-list="bullet"><div><span style="font-size: 16px;">In extreme cases: If the price does not return to the permitted range after 5 minutes, the pause may be extended depending on market conditions and liquidity</span></div></li></ul><div class="ace-line ace-line old-record-id-KUS9d0GxCoaiu4xYJbGuXpeVs8d"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-UYIDdcX6Moz0gbxmssiuA7klsCd"><span style="font-size: 16px;"><strong>Volatility thresholds by stock type</strong>
The trigger threshold depends on the stock's liquidity tier and price range.</span></div><div class="ace-line ace-line old-record-id-KAKedL9Sjo3pFExLEw3ubEDqsXc"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="414;320" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="414"><col width="320"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-IAyJduWFYomIizxIKKZulytPsOh"><strong style="font-size: 16px;">Stock Type</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JmUCdwc0YoWw6ExznawujrO3sTc"><strong style="font-size: 16px;">5-Minute Price Movement Threshold</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-T2L6ddyxgoejrnxpLklu7xCbszb"><span style="font-size: 16px;">Tier 1 Stocks (such as S&P 500 and Russell 1000 constituents)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Ihypd1m9loxoOxxF6yUupEzXs1e"><span style="font-size: 16px;">5%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZNZpdOlMPoISSsxKwE7ub97xsJb"><span style="font-size: 16px;">Tier 2 Stocks (other standard listed stocks)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-H3uOduXXAoKkpPxUguNuzwhLsdc"><span style="font-size: 16px;">10%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MbvldMtrnolfSDxP1onu37DTsfg"><span style="font-size: 16px;">Lower-Priced Stocks (priced between $0.75 and $3)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-XossdNqKEomQ9Ox1wQqu4DGWsph"><span style="font-size: 16px;">20%</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BWlUdDIvFoiT54xFV2Nub6iKsxc"><span style="font-size: 16px;">Very Low-Priced Stocks (priced below $0.75)</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: top; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Olo6ds4yKoQUW1xYINHuksYYsmh"><span style="font-size: 16px;">The lower of $0.15 or 75%</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-ECDzdFEFvoYo8SxGRjduT33psmf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GYdzdlICpo1OKLxBsN2u4kZlspg"><strong style="font-size: 16px;">Time-of-day differences</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Fzt6dm2soorosRxYoGzumSissGc" data-list="bullet"><div><span style="font-size: 16px;">At the open and close: Between 9:30 - 9:45 a.m. ET and 3:35 - 4:00 p.m. ET, thresholds are generally doubled because volatility tends to be higher during these periods</span></div></li><li class="ace-line ace-line old-record-id-QFtnduxqYoGEbZxy9zuuRK0hsqc" data-list="bullet"><div><span style="font-size: 16px;">Pre-market and after-hours trading: The LULD mechanism applies only during regular trading hours (9:30 a.m. - 4:00 p.m. ET) and does not apply to extended-hours trading</span></div></li></ul><div class="ace-line ace-line old-record-id-Eim2ddBgboCLI2x639tu5Onxs0l"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-JZlEdXUwkoY9MtxDUvGu3uTSszh"><strong>3. Tax Rules and Trading Restrictions in the US Stock Market</strong></h2><div class="ace-line ace-line old-record-id-BWnWdXKW6oSukFx5NjXutd6WsTg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-M3PLdH4bpoug4AxLGMsu5Vcxswe"><span style="font-size: 16px;">3.1 Dividend tax</span></h3><div class="ace-line ace-line old-record-id-FiGldmQnoow4sgxprH5ufhMNsTd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HRaYdupXMo8Ta2xGmIXunrGBsqd"><span style="font-size: 16px;">Non-US investors should understand the tax rules related to US stock investing:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-McoedyMrxoduJkx0xDTur6FnsLf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Dividend withholding tax:</strong> Dividends received by non-US investors are generally subject to a 30% US federal withholding tax. For certain countries and regions, the rate may be reduced to 10% or 15% under an applicable tax treaty.</span></div></li><li class="ace-line ace-line old-record-id-QmJtdTEJxoElPqxMjhzuUtxJszA" data-list="bullet"><div><span style="font-size: 16px;"><strong>Capital gains tax:</strong> Capital gains earned by non-US investors from buying and selling stocks are generally not subject to US federal tax.</span></div></li></ul><div class="ace-line ace-line old-record-id-PNPRd6f6foo49QxG6l6u7gtOsUh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DRXgdoXVSorSxmxD0smuUFlksen"><span style="font-size: 16px;">Examples:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Ho4DdATjyovyyoxm2OFu7gPCsPe" data-list="bullet"><div><span style="font-size: 16px;">Dividend example: If a stock pays a $100 dividend, the investor may receive about $70, while $30 is withheld as dividend tax.</span></div></li><li class="ace-line ace-line old-record-id-DI5Wd3JSAoQmvcxACY9u0BJvsdc" data-list="bullet"><div><span style="font-size: 16px;">Capital gains example: If an investor buys a stock at $50 and sells it at $80, the $30 capital gain is generally not taxed by the US, although it may still need to be declared under the tax laws of the investor's country or region.</span></div></li></ul><div class="ace-line ace-line old-record-id-RzP9d2tzJojMadxMr3luMIWysUh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Xqmzd6lOOoNEDbxAuX6u0aPHszh"><span style="font-size: 16px;">Note: Actual tax treatment may vary depending on the investor's country or region and any applicable tax treaty. Investors are advised to consult a professional tax advisor for accurate guidance.</span></div><div class="ace-line ace-line old-record-id-JxnwdlqHWoH5rkx8XpaumwR8s4z"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FQmBd22zToDQWSxAtJSuSnOSs22"><span style="font-size: 16px;">3.2 Day trading restrictions</span></h3><div class="ace-line ace-line old-record-id-WLwUdmfgNoQazKxEiIUursWUsL9"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QFEJdv79Cob3RgxRH2BuX0Tnsxg"><span style="font-size: 16px;">The US Securities and Exchange Commission (SEC) applies the Pattern Day Trader (PDT) Rule to margin accounts (but not cash accounts).</span></div><div class="ace-line ace-line old-record-id-GD9Vd4YcZoRxYvx8jIguBFhTsMh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KVyPdGngUorB17xcPcqu11EEsEg"><span style="font-size: 16px;">Trigger conditions:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-ZYihdlMXxoza1txS8frugd03srf" data-list="bullet"><div><span style="font-size: 16px;">You make more than 3 day trades within 5 consecutive trading days</span></div></li><li class="ace-line ace-line old-record-id-GZbLdOkXGobo5zxGnwgu50iTs0O" data-list="bullet"><div><span style="font-size: 16px;">And your total account equity is below $25,000</span></div></li></ul><div class="ace-line ace-line old-record-id-Cat1dqzZLo4Or5x9OBfujDgTsng"><span style="font-size: 16px;"><br></span></div><div style="white-space:pre;" class="ace-line ace-line old-record-id-JpfDdyjnVoldRQxFqYAuFuzbsFf"><span style="font-size: 16px;">Restriction:
If both conditions are met, the account may be designated as a pattern day trader and become subject to trading restrictions, including limits on opening new day trades.</span></div><div class="ace-line ace-line old-record-id-AzE4dku20oJ1DxxN0DsuGFnKsEe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-FruXdoHBeo3kedxTNFauCCMOs4g"><strong>4. Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-OGtCdL6NlokBnMxqzoBufoejs8g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Yl8PdLZ3loGckkxulNtujFVosUg"><span style="font-size: 16px;">4.1 Can I buy and sell US stocks on the same day?</span></h3><div class="ace-line ace-line old-record-id-SN40dqeRsoEPBBxEjHPumPV3shb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XXW9dyKGLoAraBxKmFBuSmRFsoh"><span style="font-size: 16px;">Yes. The US stock market follows a T+0 trading system, which means stocks bought on the same day can also be sold on the same day. However, settlement follows a T+1 cycle, so proceeds from selling stocks are generally not available for withdrawal until the next trading day after settlement is completed.</span></div><div class="ace-line ace-line old-record-id-LWPvdSg0noGAYyxDENguCW7ysWf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-UtAKdKMxho5G03xRNMtuFH4Ysbf"><span style="font-size: 16px;">4.2 Are there daily price limits in the US stock market?</span></h3><div class="ace-line ace-line old-record-id-DHlyddgQGo4HvxxZh5OukniksQf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EpA0dSSJKo5gWDxbFyTuI04osed"><span style="font-size: 16px;">No. The US stock market does not have a daily price limit. However, it does have a circuit breaker mechanism for risk control. If the S&P 500 Index falls by 7%, 13%, or 20% from the previous day's close, different levels of market-wide trading halts will be triggered.</span></div><div class="ace-line ace-line old-record-id-NmqUdflDioOZWtxBGN1ukUREsZe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Qo0qdpZatoKx6mxVPUuu176hs7o"><span style="font-size: 16px;">4.3 What is the minimum number of shares I can buy in US stocks?</span></h3><div class="ace-line ace-line old-record-id-GsK7drmBsohPNixonUPuurdTs8z"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VtAkduqdbomkXRxAkDVurEsTszb"><span style="font-size: 16px;">The minimum trading unit for US stocks is 1 share. This gives investors more flexibility and lowers the barrier to entry compared with some other stock markets.</span></div><div class="ace-line ace-line old-record-id-DFlxdlE7IojXdWx13k6uciV0swd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SbHIdvO4kocx3DxxcKyuo2BjsXb"><span style="font-size: 16px;">4.4 Do I need to pay tax on US stock dividends?</span></h3><div class="ace-line ace-line old-record-id-CTNCdOxrsoTfTBxcI1su0f3fs1f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VzIFd2YHEo26tIx2iIzuwsLCsOf"><span style="font-size: 16px;">Yes. Dividends received by non-US investors are generally subject to a 30% withholding tax, although the rate may be reduced to 10% or 15% under certain tax treaties. Capital gains from stock trading, however, are generally not taxed by the US. Investors should consult a professional tax advisor for specific tax guidance.</span></div><div class="ace-line ace-line old-record-id-PV5SdFvFno6Cn9xwCq2utzutskc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EhscdsQKtoCrR2xyzMXu02a8sug"><span style="font-size: 16px;">4.5 What is the US stock market circuit breaker mechanism?</span></h3><div class="ace-line ace-line old-record-id-XYPcdjyacoqwE2xYWd7uXffbs7d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QVwKdvcKuoVcjbxGb8guv4IKsFe"><span style="font-size: 16px;">The circuit breaker mechanism is a market protection measure that temporarily pauses trading during sharp market declines. Using the S&P 500 Index as the benchmark:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-ARGLddaX7oDTKGxO0LjuxcgnsAd" data-list="bullet"><div><span style="font-size: 16px;">A 7% drop triggers a Level 1 circuit breaker and a 15-minute halt</span></div></li><li class="ace-line ace-line old-record-id-OvnFdaPeBonF3CxoDDxuCEMRsSd" data-list="bullet"><div><span style="font-size: 16px;">A 13% drop triggers a Level 2 circuit breaker and another 15-minute halt</span></div></li><li class="ace-line ace-line old-record-id-ZJVfdBuvKooNmVx2o7mugzu9sfb" data-list="bullet"><div><span style="font-size: 16px;">A 20% drop triggers a Level 3 circuit breaker and stops trading for the rest of the day</span></div></li></ul><div class="ace-line ace-line old-record-id-R1wqda5h6odOAsxbyRPuHQbDsig"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-N27Id7Bjxo4rsexpgUsuI8evsOg"><span style="font-size: 16px;">The purpose of this mechanism is to provide a cooling-off period, reduce panic selling, and help maintain orderly market conditions.</span></div><div class="ace-line ace-line old-record-id-Y7XedGLhOoOIuYxByEgu6lrWs5f"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-CqITdbeyuocNX2xlepKueXmcsfb"><strong style="font-size: 16px;">Recommended reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-FdT1dH56VoI4roxQGU3uNX8zswc" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-FX5Qdvx7aoFL1JxiVRtujPEZsU0" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-Cw0ndl27qoes6Kxd0miuv7yJsgh" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-the-three-major-us-stock-exchanges-and-indexes-350109095267644416" data-lark-is-custom="true" style="font-size: 16px;">A Guide to the Three Major US Stock Exchanges and Indexes</a></div></li><li class="ace-line ace-line old-record-id-V8TudnTSMo6KKpxkqR6ul8t0sAh" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide </a></div></li><li class="ace-line ace-line old-record-id-SRrTdRJgPoGeiVxTh38uhOwys3d" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-us-stock-overnight-trading-357458016239358976" data-lark-is-custom="true" style="font-size: 16px;">A Guide to US Stock Overnight Trading: Trading Hours, Rules, and Risk Analysis </a></div></li></ul><div class="ace-line ace-line old-record-id-RFE1dWN5Conm18xhXjfuV9qPsKb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H9j7dhoaloIITJxQ2hHu8CFgsYd"><strong style="font-size: 16px;">Disclaimer:</strong></div><div class="ace-line ace-line old-record-id-Oje9d7RXwoikXNxEhI7ufHPisGh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JFVMdSFUDoxcMgxp5ddubN5NsNb"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-ISFLdpGZfoXbbWxeOCcuTnAhsuf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DcQgdnAEOoh7P0xn8qyuQ6SWsSc"><span style="font-size: 16px;">By participating in these investment activities you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-GA5cdSje1o04gqxKf3YuaYVgsYd"><span style="font-size: 16px;"><br></span></div></div>
A Guide to the Three Major US Stock Exchanges and Indexes
<div data-page-id="DS1rdNZjFoczMGxCTWUuOKXMso8" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-W7bOdH1FOoRbt6xGmZsuJPxYsTe"><strong>Key Takeaways</strong></h2><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-NfuvdVHJ3oenUrxw9oxuB4iEscz" data-list="bullet"><div><span style="font-size: 16px;">The US stock market is built around three major exchanges: the NYSE, Nasdaq, and AMEX.</span></div></li><li class="ace-line ace-line old-record-id-AvWIdbzzlo9ZOvxN5PYuQzvusOh" data-list="bullet"><div><span style="font-size: 16px;">The NYSE is known for blue-chip stocks, Nasdaq is heavily focused on technology stocks, and AMEX primarily serves small and mid-sized companies.</span></div></li><li class="ace-line ace-line old-record-id-TffidAYL3o5XAWxlT3UuKSAtsS3" data-list="bullet"><div><span style="font-size: 16px;">The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Index reflect the US stock market from different angles.</span></div></li><li class="ace-line ace-line old-record-id-V2s2dWx3Tog1QrxkhX4u2GjOsrc" data-list="bullet"><div><span style="font-size: 16px;">The S&P 500 is the most representative, the Dow is the most widely recognized, and the Nasdaq is typically the most volatile.</span></div></li></ul><div class="ace-line ace-line old-record-id-ZlTHdjszwozNY4xzsadu1yaysBe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-F9DVdBRBWoVaAFxbYaruKfrSszf"><span style="font-size: 16px;">Through its partner licensed broker, <a data-lark-is-custom="true" href="https://www.mexc.com/">MEXC</a> offers global users access to real shares of publicly listed US companies. Users can directly buy and hold stock assets, benefit from stock price movements, and enjoy the rights associated with real share ownership. In this article, we will use the three major US stock exchanges and the three major market indexes to help you build a foundational understanding of US stock investing.</span></div><div class="ace-line ace-line old-record-id-U7t4dPwp9ogc5bxNXzDuCb4vsm7"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-UkPfdcssso21LvxdqKOuZWs6sFb"><span style="font-size: 16px;">*BTN-<strong>Trade RealStocks</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a>*</span></div><div class="ace-line ace-line old-record-id-J2fSdvIV8ok5NTxKJGEuIR0Ks5f"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-IzXkd6ODdov8OJxilLVuyFxCskb"><strong>1. The Three Major US Stock Exchanges Explained</strong></h2><div class="ace-line ace-line old-record-id-Cx2TdaJM2ooFtKxyOTsuCQSUsIg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Kj4ddy2znoeleDxyfjjufKYMsMm"><span style="font-size: 16px;">The US stock market is the world's largest capital market and is centered around three core stock exchanges. Understanding the characteristics of each exchange is the first step in learning how to invest in US stocks.</span></div><div class="ace-line ace-line old-record-id-EiTGdxIMVoueOHx2Gh4uhlUesRc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-LqiBd2h0poZCdQxLJysuotmMs83"><span style="font-size: 16px;">1.1 New York Stock Exchange (NYSE)</span></h3><div class="ace-line ace-line old-record-id-Jp5wdtGoIoIKFAxrGv8u14pcsPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KmHudQh7fonUPBxh3F6uTl1hstd"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://www.nyse.com/index">The New York Stock Exchange</a>, or NYSE, has a history of more than 200 years and is the largest and oldest stock exchange in the US market. <a data-lark-is-custom="true" href="https://www.nyse.com/index">The NYSE</a> has strict listing requirements and generally expects companies to demonstrate stable profitability. As a result, it is home to around 3,500 long-established, large-scale blue-chip companies.</span></div><div class="ace-line ace-line old-record-id-RJPQdmzhTogDBfx8NizuNYq3sle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-QxTUdA7I1oWcbLxAqGduYoqwszk"><span style="font-size: 16px;"><strong>Representative companies:</strong> <a data-lark-is-custom="true" href="https://www.coca-colacompany.com/">Coca-Cola</a>, <a data-lark-is-custom="true" href="https://www.jpmorgan.com/global">JPMorgan Chase</a>, Boeing, Walmart, and Disney, along with many other Fortune 500 companies, are listed on the NYSE. These companies are generally financially stable and known for relatively consistent dividends, making them a common choice for investors seeking steadier returns.</span></div><div class="ace-line ace-line old-record-id-XJ0Jdz5utoAUeHxPZlZupBgmseb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BOyBdWqo3okfuDxZxn0uKoKYspf"><span style="font-size: 16px;">1.2 Nasdaq Stock Market (NASDAQ)</span></h3><div class="ace-line ace-line old-record-id-Bzf5dGXCCoEoLVxRuMZujewas8c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YsohdmHHWotZIux8hLvuME2psX7"><span style="font-size: 16px;">Founded in 1971, <a data-lark-is-custom="true" href="https://www.nasdaq.com/">Nasdaq</a> is the world's second-largest stock exchange and has the largest number of listed companies as well as one of the highest trading volumes. Unlike the NYSE, <a data-lark-is-custom="true" href="https://www.nasdaq.com/">Nasdaq</a> operates as a fully electronic exchange, with relatively more flexible listing requirements that make it particularly suitable for high-growth technology companies.</span></div><div class="ace-line ace-line old-record-id-NwRGd2O9EoigGnxaLnxuhLU6sdh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IKlfdEdT1oInPBxqo9lujtsmsVd"><span style="font-size: 16px;"><strong>Representative companies:</strong> <a data-lark-is-custom="true" href="https://www.apple.com/">Apple</a>, Microsoft, Google, Amazon, Meta, and <a data-lark-is-custom="true" href="https://www.tesla.com/">Tesla</a> are all listed on Nasdaq. More than 60% of Nasdaq-listed companies are in the technology sector, making it a key barometer for the global tech industry.</span></div><div class="ace-line ace-line old-record-id-SdvudBKp3oFLBbxsw8Zu3a3EsEg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-L6X1devKookvIRxWlFlu385esGe"><span style="font-size: 16px;">1.3 American Stock Exchange (AMEX)</span></h3><div class="ace-line ace-line old-record-id-U8zcd7iMjoCaDFxolvQuCliFscd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-NnYkdUqVzoPLlAxLL1pueu4Xslf"><span style="font-size: 16px;">The American Stock Exchange was once the third-largest exchange in the United States. It was later acquired by the NYSE and renamed <a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/NYSE_American">NYSE American</a>. This exchange primarily serves small and mid-sized businesses and has relatively lower listing requirements, making it a stepping stone for many companies seeking to grow into larger markets.</span></div><div class="ace-line ace-line old-record-id-Nx4AdKSPSoXKsqxCUyLuqeVAsmd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-VOm0d4UQHolkQRxahNyu5BHYsZd"><strong>2. Key Differences Between the Three Major US Stock Exchanges</strong></h2><div class="ace-line ace-line old-record-id-RLZ2dz5O9oQVD2xaTafu6NyOsGg"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="236;204;182;162" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="236"><col width="204"><col width="182"><col width="162"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-MHnzdYxKkoTfzqx4edcuPzTBs8e"><strong style="font-size: 16px;">Comparison Area</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-JXktdd1Yloca8WxakwNudaEgsEg"><strong style="font-size: 16px;">NYSE</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UkBUdqHccoBoMfxyKI3u8Nb6swc"><strong style="font-size: 16px;">Nasdaq</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UX7hdLZWgogzSCxanhyuPiJnszh"><strong style="font-size: 16px;">AMEX</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Wkupd7D5sopL5MxoZzZuFEKss5g"><span style="font-size: 16px;">Listing requirements</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Yu7VdrtLDoBup2xjPTiuUJMcsyg"><span style="font-size: 16px;">Strict, with an emphasis on sustained profitability</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Sp8xd2rOKoWpyyxj8dDuhB94sEL"><span style="font-size: 16px;">Relatively flexible</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-CBLtdzx8yo1Ounx6dF5uXB67syh"><span style="font-size: 16px;">Lower</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-GBQxdLClzoQOnbx1D1yuWjrEsHP"><span style="font-size: 16px;">Typical company profile</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-T8TvdBFH5onMxqxkZbuu17yqseb"><span style="font-size: 16px;">Large blue-chip companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FJbXdBDkIoSEjIxAdJWuPoKcs0f"><span style="font-size: 16px;">Technology and innovation-driven companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AGwtdfpnioRmn3xt3VZuxYzVsTd"><span style="font-size: 16px;">Small and mid-sized companies</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-YcJid2GEfoXHMHxW1vWugjlEskf"><span style="font-size: 16px;">Trading model</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VSlndsp5hoabRdxEpjjuahjjsig"><span style="font-size: 16px;">Hybrid of floor and electronic trading</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q5sfduKC7oYIE8xTgfIuuEAXsRm"><span style="font-size: 16px;">Fully electronic</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-I7q0dsDrYoHw11xNTHQuP5IJsPe"><span style="font-size: 16px;">Electronic</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-J78tdtxUUowQnFxdvqmuJNH3sHb"><span style="font-size: 16px;">Representative companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-G52bdLNwnog2ZUx7vL2u0TXhsTh"><span style="font-size: 16px;">Coca-Cola, JPMorgan Chase</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-GWa3dpcAsovD6hxoNYLurQuusoe"><span style="font-size: 16px;">Apple, Microsoft</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Q6bdd4O68obY6hxplGyuz40Is5e"><span style="font-size: 16px;">Smaller growth companies</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-A3prdBaR1osO83xRgEEuzaRxsfe"><span style="font-size: 16px;">Investment characteristics</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KNG2dpkqsofVzvxUwJNu069ysPe"><span style="font-size: 16px;">More stable, with relatively consistent dividends</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ICeMd4ynBo3NMdxKpcNu8PvDstc"><span style="font-size: 16px;">Higher growth, higher volatility</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-F4wwd5ENDoYBCFxngwcuZIV5sxc"><span style="font-size: 16px;">Early-stage growth potential</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-AEuLdgi82oVe2YxBHqzu8r1Dsab"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UB6VdrdkfoWnMrxOgymuNqJxsaf"><strong>3. The Three Major US Stock Indexes Explained</strong></h2><div class="ace-line ace-line old-record-id-XzUhdHvQqo6RFDxs0zBuzHZ4spV"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KjbSd8W0voPm3Mx0YE8u5VFasxf"><span style="font-size: 16px;">US stock indexes are important tools for measuring overall market performance. Each of the three major indexes has a different focus and helps investors understand the market from a different perspective.</span></div><div class="ace-line ace-line old-record-id-XIdJdstYkoOdXWxCCKfuf9wgscg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-TKEWdP9t7otGh2xAXf4u6yjfsnh"><span style="font-size: 16px;">3.1 Dow Jones Industrial Average (DJIA)</span></h3><div class="ace-line ace-line old-record-id-EJshdu6Q4oFHPYxIO8uuB3p8sFc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WNiPdT9CzoAdQOxwp59ue2mXspb"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average">The Dow Jones Industrial Average</a> was created in 1896 and is the oldest major US stock index. It consists of 30 highly influential blue-chip companies across sectors such as technology, finance, healthcare, and consumer goods, including well-known names like Apple, Microsoft, JPMorgan Chase, Coca-Cola, and Nike.</span></div><div class="ace-line ace-line old-record-id-OtdrdaoNdog2GbxYrbOufBxYsxd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TzpIdsh1Yof9exxen0Ku0ahZseb"><span style="font-size: 16px;"><strong>Key features:</strong> The Dow is price-weighted, meaning companies with higher share prices have a greater impact on the index. It is also the index most frequently cited by the media and is often seen as a barometer of the overall health of the US economy.</span></div><div class="ace-line ace-line old-record-id-GATgd5DJooS3TWx4iXxuF6BHsWf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-N6Czd3JyKoGtAaxWC9euogZFsGb"><span style="font-size: 16px;">3.2 S&P 500 Index</span></h3><div class="ace-line ace-line old-record-id-NPr7dJpBQoBO01xNQBYu2kOcsZc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DQOcdMBn1oGTX2xkZncuIxolsPb"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/S%26P_500">The S&P 500</a> was launched in 1957 and includes 500 leading publicly listed US companies. It accounts for about 80% of the total market capitalization of the US stock market and is widely considered the most representative broad-market index for US equities.</span></div><div class="ace-line ace-line old-record-id-GJnNdOi6jor94ZxEnTluB2OesNg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JuVedcf5FoNN4yx9bH6uxJGFsDg"><span style="font-size: 16px;"><strong>Key features:</strong> The S&P 500 uses market-cap weighting, which provides a more accurate reflection of the market's actual structure. It is used by 97% of institutional investors as a performance benchmark, and its movements are widely seen as a reflection of both the US economy and corporate earnings. Information technology has the largest sector weighting at around 30%, followed by healthcare, financials, and other sectors.</span></div><div class="ace-line ace-line old-record-id-EB8ddHujToTbGvx8yViuiifLsAd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Toxgd8lytocDVkxkhBvusM8Pslf"><span style="font-size: 16px;"><strong>Top-weighted companies:</strong> Apple, Microsoft, Amazon, Nvidia, and Google rank among the largest constituents in the index.</span></div><div class="ace-line ace-line old-record-id-GFwfdFZqxoZhxFxvc88u77Ngs7d"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-S3nsdoT0Ko7QQRx0Q23unKUSsrc"><span style="font-size: 16px;">3.3 Nasdaq Composite Index (NASDAQ)</span></h3><div class="ace-line ace-line old-record-id-MClQdBmgoob0DUxqIvCuGtPEsRb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Egx0dfo7xoDzvqxI3AxusWdQsFc"><span style="font-size: 16px;"><a data-lark-is-custom="true" href="https://en.wikipedia.org/wiki/Nasdaq_Composite">The Nasdaq Composite</a> tracks all stocks listed on the Nasdaq exchange and includes more than 3,000 constituents. Around 60% of these companies come from the technology sector, making it one of the most important indicators for tracking tech stock performance.</span></div><div class="ace-line ace-line old-record-id-H7SJdAPZcocWFJxiJxUu56y8sDb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YYNHd0VAforixOxFZAwuUDX0soc"><span style="font-size: 16px;"><strong>Key features:</strong> The Nasdaq Composite is market-cap weighted, which gives major technology companies an outsized influence on the index. Companies such as Microsoft, Apple, Amazon, and Nvidia rank among its largest weights. Because of its heavy technology concentration, the Nasdaq Composite is generally more volatile than the Dow and the S&P 500, but it also offers greater exposure to growth potential.</span></div><div class="ace-line ace-line old-record-id-PAQhdL45hoa00cx0IZ4uAL1GsIL"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-TtLvdMkdqoGGUCx6ZM6udrSWsme"><strong>4. Key Differences Between the Three Major US Stock Indexes</strong></h2><div class="ace-line ace-line old-record-id-VDeKdqh5botWITxIvotuuOY1sjf"><span style="font-size: 16px;"><br></span></div><div><table class="ace-table" data-ace-table-col-widths="176;176;208;208" style="border:none;border-collapse:collapse;table-layout:fixed;width:500px;"><colgroup><col width="176"><col width="176"><col width="208"><col width="208"></colgroup><tbody><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-W0RZdd5ZKoJW5Txl2rJuqDXfsJf"><strong style="font-size: 16px;">Comparison Area</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UWkcdKbr7oKbgAxqw57uGWFCsYc"><strong style="font-size: 16px;">Dow Jones Industrial Average</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ASeVd8OEpo7Mq4xHo3VuXTSuscc"><strong style="font-size: 16px;">S&P 500</strong></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KoVpdJjqCosw0hx41dGuolW7sZg"><strong style="font-size: 16px;">Nasdaq Composite</strong></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Bt9CduWZ4onsAixWXkHukhrHsnb"><span style="font-size: 16px;">Number of constituents</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-PX4Xd6F84oDS18xe7fgupdlss0b"><span style="font-size: 16px;">30 selected blue-chip stocks</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-BePGdMIsZoLEYOxbTYau9NCNs8b"><span style="font-size: 16px;">500 large companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Qx97d5PCiou5kDxy3vpurWqJsQd"><span style="font-size: 16px;">3,000+ stocks</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KtKkdoo8CoTPpSxRBRwul0cYshb"><span style="font-size: 16px;">Calculation method</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-OvdJdGwrcotOhwxjUJNuGlBFspd"><span style="font-size: 16px;">Price-weighted</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-HGSMdkLMSodtsnxAPouu7BGNs2f"><span style="font-size: 16px;">Market-cap weighted</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-L2TddAdxYo2BVnxk440u7CQVsQg"><span style="font-size: 16px;">Market-cap weighted</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-TPsNdUz48odusjxuH9oucDTtszb"><span style="font-size: 16px;">Sector focus</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DoRLdo3FYoafgtxyi72uy43esSe"><span style="font-size: 16px;">Broad sector balance</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-ZRoidiCM8oYIruxdBd5unEZ3src"><span style="font-size: 16px;">About 30% technology</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-U5U1d18DMoHdFmxx8GDuSsKcsPp"><span style="font-size: 16px;">About 60% technology</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-SOzsdV7NZowAJTxPaQ6uoZi1sSf"><span style="font-size: 16px;">Volatility</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Cr2DdSPexoBhw4xjwhAukKresWd"><span style="font-size: 16px;">Lowest, with more stable constituents</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-GQMBd0mXnowZdgxMn6suFGwAsZc"><span style="font-size: 16px;">Moderate, with broader sector balance</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UnhTdNENvovwb0x5NMaux936sKc"><span style="font-size: 16px;">Highest, with greater tech sensitivity</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EyTfdJWffo4lZCxhnz0u1zxOs3e"><span style="font-size: 16px;">Market representation</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-B8mMduiu7oZ2t1xAeDCuBBPRsYg"><span style="font-size: 16px;">Most widely recognized, but less comprehensive</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-DYMNdCfoFojtjaxamgSuZnJSsBb"><span style="font-size: 16px;">Covers about 80% of US market cap and is the most representative</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-QyTmdLETAook2ux5KZfu8Lncsif"><span style="font-size: 16px;">Reflects technology and innovation trends</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-AOKgdiFHLoZNOVxx7SZuR4cQsEg"><span style="font-size: 16px;">Representative companies</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-UVgLd95QMoizwhx3VNOuc8IZs8b"><span style="font-size: 16px;">Coca-Cola, Nike, JPMorgan Chase</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-FqRrdQ93joLtqbxWoE5ubNBQsrh"><span style="font-size: 16px;">Apple, Microsoft, Amazon</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-KJE4drbihoeKS6xuBsDuuJv5s5c"><span style="font-size: 16px;">Nvidia, Tesla, Meta</span></div></td></tr><tr style="height:39px;"><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-NvH3d7IiEoYsZ8xt6jgupUkSsqf"><span style="font-size: 16px;">Investment focus</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-Nh76dAc7Ponag9x8zqBu5id8sJh"><span style="font-size: 16px;">Tracks leading blue-chip performance</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-VWZ0duwzVoLXksxHoMuu3I6Jsue"><span style="font-size: 16px;">Tracks the overall market</span></div></td><td colspan="1" rowspan="1" style="border: 1px solid rgb(222, 224, 227); padding: 8px; vertical-align: middle; font-size: 10pt;"><div style="text-align:center" class="ace-line ace-line old-record-id-EzeZdw8FyozKAzxeDTluUPiwsrh"><span style="font-size: 16px;">Tracks the technology sector</span></div></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-AmnddFc0uoQKhXx3eGou5nGysYr"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-MDRqdEn69o9WYpxGt6zuV71usAf"><strong>5. Frequently Asked Questions About US Stocks</strong></h2><div class="ace-line ace-line old-record-id-HgikdMxl8otP0hxLPlZuLkTCswg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SwHbdiHFnoXDL7x3xopumeNdsFd"><span style="font-size: 16px;">5.1 What is the US stock market?</span></h3><div class="ace-line ace-line old-record-id-Nh0Cdab9RogPrSxmCv8ut6ESsef"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TuHjdCpv9otA2Vx0u3Vu1InWsNg"><span style="font-size: 16px;">The US stock market refers to the equity market in the United States. It is the world's largest and most mature capital market and is made up of three major exchanges: the NYSE, Nasdaq, and AMEX. Through MEXC's partner broker, global investors can participate in US stock investing more conveniently.</span></div><div class="ace-line ace-line old-record-id-IjNzdd9EhoHPgtx3pkNu5xWNswe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-DOpndSlV4oqzOLxUi3XuIaHHsqb"><span style="font-size: 16px;">5.2 How can I invest in US stock indexes?</span></h3><div class="ace-line ace-line old-record-id-J5OIdMYHso8Wbzx8pWJufQMZs0f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-D6pwdgqSeoRyZ4x0UN5ub7yBsTn"><span style="font-size: 16px;">Although indexes themselves cannot be traded directly, retail investors typically gain exposure through index ETFs such as SPY and QQQ, or by purchasing constituent stocks directly. At the same time, investors can also access US stock-related trading products on MEXC to participate in the price movements of constituent stocks such as Apple and Microsoft.</span></div><div class="ace-line ace-line old-record-id-Hk49dHRDoosrilxRWIhuzssBsgf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GgLDdF0smok0PmxB6YSuf6N4sIg"><span style="font-size: 16px;">5.3 Which is more important, the S&P 500 or the Dow?</span></h3><div class="ace-line ace-line old-record-id-BuyfdsD7No2DeQxhxNAumPSQsQc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AuVsdAfZAoQP9yxQP5euWXMusnd"><span style="font-size: 16px;">The S&P 500 is generally more useful as a market reference because it includes 500 companies and represents around 80% of US stock market capitalization. It provides a broader and more accurate picture of overall market performance and is also the benchmark most commonly used by institutional investors. The Dow is more widely recognized by the public, but because it includes only 30 stocks, it is less comprehensive.</span></div><div class="ace-line ace-line old-record-id-FGDWdCPA3oQ4pIxHKx2uZTjOsNc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-ZPzkdmpIOoh7KHx71FpuwyDxs0X"><span style="font-size: 16px;">5.4 Why is the Nasdaq more volatile?</span></h3><div class="ace-line ace-line old-record-id-NUvEdIy1ZoDHQlxAF3juE8CJsme"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-WDsjd63rRoHqtwxG2EeuFG9isCf"><span style="font-size: 16px;">Around 60% of Nasdaq's constituents come from the technology sector, and tech stocks are generally more sensitive to changes in interest rates, market sentiment, and growth expectations. Many of these companies are high-growth businesses with less stable earnings, which can lead to larger swings in valuation. By comparison, the Dow and the S&P 500 include more traditional blue-chip companies and tend to show more stable performance.</span></div><div class="ace-line ace-line old-record-id-K8bedGXx5obvvFxBoRwuywPesVg"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BUcndB0VYo9NHhxp6s0uKlkCskg"><strong style="font-size: 16px;">Recommended reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-O5VMdW3Lao79g9xVv1duUyxEshf" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks?</a></div></li><li class="ace-line ace-line old-record-id-CriQdTIyRo98Zlxv8h5uCHVQstc" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-OQ6Bd4I3xoRQ7VxQZGTu7fuVsph" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding the Basic Trading Rules of the US Stock Market </a></div></li><li class="ace-line ace-line old-record-id-Efk4d64yHo9F7ixR4waujyNgsue" data-list="bullet"><div><a href="https://www.mexc.com/support/article/us-stock-market-trading-hours-and-holidays-357457114296227840" data-lark-is-custom="true" style="font-size: 16px;">US Stock Market Trading Hours and Holidays: A Time Zone Guide </a></div></li><li class="ace-line ace-line old-record-id-OBeldU03eoNRIqxr1wHuL63RsZb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/a-guide-to-us-stock-overnight-trading-357458016239358976" data-lark-is-custom="true" style="font-size: 16px;">A Guide to US Stock Overnight Trading: Trading Hours, Rules, and Risk Analysis </a></div></li></ul><div class="ace-line ace-line old-record-id-VcgRdtqnloWYWrx97CwuEXsGsVe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-E9NUdj3VAoA41nxy4Y3uWCz3syb"><strong style="font-size: 16px;">Disclaimer:</strong></h3><div class="ace-line ace-line old-record-id-Denbdj9MDoCCl5xqRUpuDszdsHe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VIlad54gzof5FvxX8JVurLuUsIJ"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-HmpndImp7o2v5tx4zJDu7vUTslc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EaofdIprAosZt4xNcCmuFzhgs5e"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div><div class="ace-line ace-line old-record-id-RqaFdXbVno9Or6xhPu1u9NNYsCg"><br></div></div><style><!--br {mso-data-placement:same-cell;}--> td {white-space:nowrap;border:0.5pt solid #dee0e3;font-size:10pt;font-style:normal;font-weight:normal;vertical-align:middle;word-break:normal;word-wrap:normal;}</style>
Stock Vouchers FAQ
<div data-page-id="YOoGdz66forlMzxZGauuMxeIsLc" data-lark-html-role="root" data-docx-has-block-data="false"><h2 class="heading-2 ace-line old-record-id-K3m3dWX3toLd5QxQw8hukJ0rsKf"><strong>1. What are stock vouchers?</strong></h2><div class="ace-line ace-line old-record-id-UbuhdykFLob0WWxo6wvuzQgssWd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LuM5dH72pojE9zxGbWwuzZubsCg"><span style="font-size: 16px;">MEXC provides stock vouchers to help users participate in US stock trading at a lower cost. Users can obtain these vouchers by participating in platform events and redeem them for actual stock assets or cash rebates when the relevant conditions are met.</span></div><div class="ace-line ace-line old-record-id-CoYDdfsPYoZ1u5xYbWuuVxxssRh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DZJYd0KfBoOeKpxfau1usSsbsTc"><span style="font-size: 16px;">Stock reward vouchers are mainly divided into two types: stock redemption vouchers and stock cash vouchers. The key difference is that a stock redemption voucher corresponds to a specific stock and can only be redeemed for that designated stock, while a stock cash voucher is a fund specifically used to purchase US stocks and offers greater flexibility.</span></div><div class="ace-line ace-line old-record-id-BIV7dddCAo9znsx7hSdu1fDNsed"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-T29LdQhWXo8vnjx91fNuyn1vsiD"><span style="font-size: 16px;">*BTN- <strong>Trade RealStocks</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/trade-stocks">https://www.mexc.com/trade-stocks</a>*</span></div><div class="ace-line ace-line old-record-id-ANeFdzTRPoWPaDx3xiDuQr4HsKd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-CMpVd7H90oXBvxxs4NHuHmjCstG"><strong>2. What is a stock redemption voucher?</strong></h2><div class="ace-line ace-line old-record-id-GHXhdtEUioXDxIxmJKPu3AiVsEw"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-E2A0dJDbgo6vIsx4wMcueGmUsKe"><span style="font-size: 16px;">A stock redemption voucher represents the right to redeem shares of a specific stock. Each stock redemption voucher corresponds to a fixed US stock, and users can only redeem it for that designated stock. For example, a $10 Tesla stock redemption voucher can only be used to obtain $10 worth of Tesla stock and cannot be redeemed for other stocks.</span></div><div class="ace-line ace-line old-record-id-YMETdhNrToeEErxAFcOu208CsGg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GNvtdyUdyogqcGxdLESuhHaNsTe"><span style="font-size: 16px;">Stock redemption vouchers are divided into face-value and share-quantity. After redemption, users need to wait for review. Once approved, the stock will be automatically credited to the user's US stock account.</span></div><div class="ace-line ace-line old-record-id-ATYwdufKdowzHfxe6AGueD8Ksob"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GM1JdrAKIomQDCx98v4uBRzrsUg"><strong>3. What is a stock cash voucher?</strong></h2><div class="ace-line ace-line old-record-id-S3WmdKmw9ojQBYxpO40upomGsse"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YEZ1d7HBIoM2UXxjgAQuLnvOsYd"><span style="font-size: 16px;">A stock cash voucher is essentially a fund specifically used to purchase US stocks, offering more flexibility than a stock redemption voucher. For example, a $10 general stock cash voucher can be used to purchase $10 worth of any US stock.</span></div><div class="ace-line ace-line old-record-id-NB7jdJDSNoRcexxswyTuxnzAsbh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FJqVd6CwIos1TTxPLtquvi44sqc"><span style="font-size: 16px;">Stock cash vouchers are divided into the following two types:</span></div><div class="ace-line ace-line old-record-id-FJJ9d7Dk6oFqw4x8cHbuORF2sne"><span style="font-size: 16px;"><strong>General stock cash voucher:</strong> Applicable to all US stock trades. After the trade is completed, the rebate will be automatically credited to the user's account.</span></div><div class="ace-line ace-line old-record-id-DJ6EdChMQoR6rMxBfDPuyNujs6e"><span style="font-size: 16px;"><strong>Select</strong><strong> stock cash voucher:</strong> Only applicable when purchasing a specific stock. It supports two usage methods: direct redemption into stock or order-based rebate.</span></div><div class="ace-line ace-line old-record-id-B9l3dW8dNoStbyx5E7PuiujPsTf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-OaaWdSlO3otu4jxgb84u0pawsAb"><strong>4. Where can I view my stock vouchers?</strong></h2><div class="ace-line ace-line old-record-id-MZE4dLB40o1fV0xZcKwuAP2Wszb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BWUHdTLm4o7EpUxGOGpuNP4YsNd"><span style="font-size: 16px;">Currently, the stock voucher feature is only supported on the App. Web is not supported yet.</span></div><div class="ace-line ace-line old-record-id-ZojCdNtAvolCurxQwHjuLuNXsGc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VGqFd8igAos3DExsIbHu3H4Dsbe"><span style="font-size: 16px;">You can view your vouchers through the following path: MEXC App → <strong>Stocks</strong> → <strong>My</strong> → <strong>My Vouchers</strong> → view all stock vouchers.</span></div><div class="ace-line ace-line old-record-id-OCNmd6PgUoK8nYx3Ndduc3Pms4c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-JcozdB1uyoBVboxCCFbu3W0wsWb"><span style="font-size: 16px;">Please make sure your App has been updated to the latest version to access the full US stock feature experience.</span></div><div class="ace-line ace-line old-record-id-Wrd9d6Wh9oKkg4xb0RquQLrTsQf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VM99df64jonWSCxEbbWu1Dptsed"><br></div><div class="ace-line ace-line old-record-id-LrBodZKPkoWxFxxcNeiu010Zs7g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-L5yadPYwcoEaebxUGNfuQp35sld"><strong>5. How do I redeem a stock redemption voucher?</strong></h2><div class="ace-line ace-line old-record-id-T5KldGu5zo52jvxolq7uAhRvsLd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VVRkdZWbwoTHIExblQOumNCFsod"><span style="font-size: 16px;">The operation process is the same for stock redemption vouchers by face value or by share quantity.</span></div><div class="ace-line ace-line old-record-id-ANBsdosRuom2gPxNN7Pu3G01s2c"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Px2Dd0wk3ozHfJxUZAGuo6Nvs2c"><span style="font-size: 16px;">Users only need to select the stock voucher they want to use in the Voucher Center and tap <strong>Redeem Stock</strong> to submit the application. After the redemption application is submitted, the status will show <strong>Redeeming</strong>. The redemption can only be completed after backend review is approved, and the corresponding US stock assets will then be automatically credited.</span></div><div class="ace-line ace-line old-record-id-QJIXd9QWCoLHAjxmSBIuJtJrsRd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-X0sidlFbWo1M0ixW95yuH2q1szb"><br></div><div class="ace-line ace-line old-record-id-BOqJd8RyBorHQCxlGj6uLojTswd"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-VUZfdKyILoHiH1xmGtsuQyposCc"><strong>6. How do I use a general stock cash voucher?</strong></h2><div class="ace-line ace-line old-record-id-ZXZ5dlToNo2qnSxgdyfu1eKis0f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OHLxdzr7coPTeYx5MFAu1LKJsVd"><span style="font-size: 16px;">A general stock cash voucher applies to all US stock trades and can only be used when buying stocks. After the trade is completed, the platform will return the corresponding amount to the user's account in cash. Users can view the cashback details in <strong>Funding History</strong>, where the rebate entry will be displayed under the event reward type.</span></div><div class="ace-line ace-line old-record-id-S2tzdtgSeoUnBdxySYvuDYdrsgb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GmR6duqWropBBpxpstZu4DN1s8g"><span style="font-size: 16px;">A select stock cash voucher can only be used when purchasing a specific US stock and supports two usage methods.</span></div><div class="ace-line ace-line old-record-id-MDWEdAE45oK4Fax0BE0uQTbHsGe"><span style="font-size: 16px;">1. Direct redemption: Users can directly redeem the cash voucher for the designated stock in the Voucher Center. If they also hold a general cash voucher, it can be used together. However, the total amount must be enough to purchase at least 1 share, and approval by the relevant team is required.</span></div><div class="ace-line ace-line old-record-id-BsxKdeiYIoCpXHxHxH8ufHA8sMe"><span style="font-size: 16px;">2. Order-based rebate: When purchasing the designated stock, the voucher is automatically applied. After the trade is completed, the cash rebate will be credited to the account.</span></div><div class="ace-line ace-line old-record-id-Fz04dkxljoM61px93oGuZGGqssg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GTbDdKxLAonTrLxBo2curi8As03"><br></div><div class="ace-line ace-line old-record-id-T4yndquELoJx5dxs7s0udmG7sDy"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-A3and0FQBoBPKgxppriuI3VYsvb"><strong>7. What should I keep in mind when using stock vouchers?</strong></h2><div class="ace-line ace-line old-record-id-X6LVd8XjBo0ZEnxgf2IuNz8Vsrg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Nznwdx1R8olL6Vx9mEAuEJ1Sskb"><span style="font-size: 16px;">Please note the following when using stock vouchers:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-BLmHdNzHkoI9USxjFyuuZ1FRsQh" data-list="bullet"><div><span style="font-size: 16px;">All voucher operations must be completed through the MEXC App. Web is not supported yet.</span></div></li><li class="ace-line ace-line old-record-id-G2bQd3MIio8wD3x6U4Fu0fPvszg" data-list="bullet"><div><span style="font-size: 16px;">Redemption of stock vouchers and some cash vouchers requires review. Please wait patiently for the processing result.</span></div></li><li class="ace-line ace-line old-record-id-Jj17dbw91oZuD5xfjuMuhHlcsRb" data-list="bullet"><div><span style="font-size: 16px;">When directly redeeming a select stock cash voucher, please make sure the amount is enough to purchase at least 1 share. Otherwise, the redemption cannot be completed.</span></div></li><li class="ace-line ace-line old-record-id-OCBKdA060oNARhxaRmYuGeIgsDp" data-list="bullet"><div><span style="font-size: 16px;">It is recommended that you check the Voucher Center regularly and use vouchers that are about to expire in time to avoid missing out on US stock benefits.</span></div></li></ul><div class="ace-line ace-line old-record-id-TaFKdFyJmoWArXxDfqCuieAiswS"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XX9odr3myoffYjxMq9judoGSsNh"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-D2NedfBfEoZ2c1xFpbUuBLcIsBg" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791535795" style="font-size: 16px;">What Is RealStocks? </a></div></li><li class="ace-line ace-line old-record-id-BDD4dVhxeokIiFxx2Abu4aAlsPG" data-list="bullet"><div><a href="https://www.mexc.com/support/article/realstocks-trading-faq-382924861612411904" data-lark-is-custom="true" style="font-size: 16px;">RealStocks Trading FAQ </a></div></li><li class="ace-line ace-line old-record-id-CpYFdz3adoOQetxUOxOuthkystd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/how-to-choose-the-right-us-stocks-for-you-370640610900656128" data-lark-is-custom="true" style="font-size: 16px;">How to Choose the Right US Stocks for You</a></div></li><li class="ace-line ace-line old-record-id-SeDOdJ0PNokhZixC4VCuqeoPscw" data-list="bullet"><div><a href="https://www.mexc.com/support/article/common-us-stock-order-types-explained-369454005926051840" data-lark-is-custom="true" style="font-size: 16px;">Common US Stock Order Types Explained</a></div></li><li class="ace-line ace-line old-record-id-FJjEdqpCxovCGix4vo2uzqdHsrd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/understanding-the-basic-trading-rules-of-the-us-stock-market-353097164145019904" data-lark-is-custom="true" style="font-size: 16px;">Understanding Basic Trading Rules of the US Stock Market</a></div></li></ul><div class="ace-line ace-line old-record-id-OFQTdJ59UocuhExZqzOuxk7Zs3e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-DzvydzatRoFnRax7a9SuWUw2sr2"><strong style="font-size: 16px;">Disclaimer:</strong></div><div class="ace-line ace-line old-record-id-S55zdbKowox8yMxIGFou7i7nsHd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-G2JTdx85IocruAxSEkGuBggPsXd"><span style="font-size: 16px;">The information provided herein is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. MEXC is not a registered investment advisor or broker-dealer. All investment strategies and investments involve risk of loss. Any content contained herein should not be relied upon as advice or construed as providing recommendations of any kind. Always conduct your own research and consult with a licensed financial professional before making any investment decisions.</span></div><div class="ace-line ace-line old-record-id-AqzRdrnNSoFJxQxkbSpuKJIEsVc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-V7pXdUDnioezpBxGsqgurYxvsQd"><span style="font-size: 16px;">By participating in these investment activities, you risk losing ALL OR SUBSTANTIALLY ALL OF YOUR ASSETS. Please understand and evaluate the risk of trading and assess your risk tolerance carefully before conducting any trading or investment activities.</span></div></div>
Pre-Market Trading Guide
<div data-page-id="CM8LduDJEo2k8Ux16bjuD4fdsid" data-lark-html-role="root" data-docx-has-block-data="false"><div class="ace-line ace-line old-record-id-PSb4dilFzot6DVxDoVIuWo9Ws0b" style="text-align: center;"><span style="font-size: 16px;"><p><video controls="" playsinline="" preload="metadata" src="https://customer-article.mocortech.com/publicVideo/F202605291130109023LwlIKLI5u9Qin.mp4" style="max-width:100%;height:auto;float:none"></video></p></span></div><p><br></p><h2 class="heading-2 ace-line old-record-id-HA0vdq0ZQo9B3Ux8fikuWfRhs0c"><strong>1. How to Conduct Pre-Market Trading?</strong></h2><div class="ace-line ace-line old-record-id-PqPddxeHgoCQhqxrGZSucmTfsHh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-EySid5IkhoRKxsxDkltuH7Q0sHh"><span style="font-size: 16px;">1.1 As a Buyer</span></h3><div class="ace-line ace-line old-record-id-VQDKdFYezoRdM4xyJ3huhM4JsPd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FOACdtxl5o44oExVsYKu2pcfsfh"><span style="font-size: 16px;"><strong>Create an Order:</strong> Select the token you wish to purchase, enter the order quantity and price, then submit your buy order.</span></div><div class="ace-line ace-line old-record-id-MHD9dsAXzoJMOZxrJAQuAlK1sUd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BdPQd2dlRoi9gix8SvhubPvmsqb"><span style="font-size: 16px;"><strong>Order Matching:</strong> Wait for your order to be matched with a counterparty as a taker order. Once matched, wait until the delivery time to receive your tokens. If your order is executed as a Taker and the counterparty's price is lower than your order price, a portion of your collateral will be unfrozen in proportion to the price difference.</span></div><div class="ace-line ace-line old-record-id-G6ZxdtAYko3aZyx0bGju9y5isCc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GQGpdtdPboVkmrxCON0uqEKGsSd"><span style="font-size: 16px;"><strong>Order Settlement:</strong> During settlement, you will receive tokens from your counterparty. If they fail to deliver, the platform will refund your full order amount and provide compensation from the counterparty's collateral based on their filled order percentage. If the buyer places a Maker order at an unfavorable price (sell low or buy high), the compensation is calculated based on the seller's original price. This means buyers may receive compensation that is lower than their own collateral in this scenario.</span></div><div class="ace-line ace-line old-record-id-MmfYdTqryo9WmYxc2IIu9nOZshh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Hi4FdVy6eo7zfDxi5x8usiAqsyg"><span style="font-size: 16px;">1.2 As a Seller</span></h3><div class="ace-line ace-line old-record-id-SDftddxAfoMhVDxdDezuKmvVsRh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SHb3dXMhVovKd8x3GqVuFcEZsjE"><span style="font-size: 16px;"><strong>Create an Order:</strong> Select the token you wish to sell, enter the order quantity and price, then submit your sell order.</span></div><div class="ace-line ace-line old-record-id-UGPhdcSBQogzVkxqt2ZuqAJwsod"><span style="font-size: 16px;"><strong>Order Matching:</strong> Wait for your order to be matched with a counterparty. Once matched, ensure you have the corresponding tokens ready before the settlement time.</span></div><div class="ace-line ace-line old-record-id-MKandsTPFoVWp7x3SrjuNHqasmc"><span style="font-size: 16px;"><strong>Order Settlement:</strong> Make sure your Spot account has sufficient tokens to complete delivery when the delivery time arrives. Otherwise, your collateral will be forfeited.</span></div><div class="ace-line ace-line old-record-id-Vo94dM1K2oEawxxdovLuqqG4skm"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VgBxdQyQ0oEhuCxHixquVcmIsEe"><span style="font-size: 16px;">*BTN-<strong>Pre-Market Trading</strong>&BTNURL=<u><a data-lark-is-custom="true" href="https://www.mexc.com/pre-market">https://www.mexc.com/pre-market</a></u>*</span></div><div class="ace-line ace-line old-record-id-ZPNudfA25oJJlbxJpUkuhKbcsif"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Pn0qdmGJ3o9W96xZOO4u9Fumsse"><strong>2. How to Complete Settlement</strong></h2><div class="ace-line ace-line old-record-id-BlUdd0HoOog9mhxUmq9uN6mjset"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-DcV8dpUkloMv8yx712mulpEFsPg"><span style="font-size: 16px;">2.1 As a Buyer</span></h3><div class="ace-line ace-line old-record-id-WpJgd7MFoojq7rxuXjTu6FVasje"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZqA6dbCaBofGTlxpZOEu0bVvsbA"><span style="font-size: 16px;">When placing an order, the buyer's collateral and fees are frozen. After the order is filled, wait for the settlement time.</span></div><div class="ace-line ace-line old-record-id-MCDJdzDB5o4ekbxfp5euEcjOsKg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XWYfdTNMxoXKufx9SahuXVTqsRc"><span style="font-size: 16px;">If the seller fulfills their obligation, the buyer receives the corresponding amount of tokens, with collateral and fees deducted during settlement.</span></div><div class="ace-line ace-line old-record-id-WD8SdwezuobIkpxE3k2uimidsLc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SHHidg9a7oKBTwxDelHu7EqmsHg"><span style="font-size: 16px;">If the seller defaults, the buyer's collateral is unfrozen, and the buyer receives the seller's collateral as compensation. This is calculated as the seller's order price multiplied by quantity and collateral rate, while trading fees are still deducted.</span></div><div class="ace-line ace-line old-record-id-U060d5AzLoep0DxZhppuk4tzsx3"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-H42kddPJtoUCpoxpOhKufoTqsJf"><span style="font-size: 16px;">2.2 As a Seller</span></h3><div class="ace-line ace-line old-record-id-L5YNd5n5roQdV7xVJ6Lu1S9zsed"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZEstdlZPfomfTSxwYFluxywxsge"><span style="font-size: 16px;">When placing an order, the seller's collateral and fees are frozen. During the settlement period, ensure your Spot account holds the sufficient token amount to fulfill your delivery obligation.</span></div><div class="ace-line ace-line old-record-id-PvPFdBJV9o6HjfxeVX0uOik6sIf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-H47GdBByNoUuGuxiYFguOcDesVe"><span style="font-size: 16px;">Upon successful token settlement, the seller's tokens are transferred to the buyer's account, and the seller receives payment in their Spot account. The collateral is unfrozen and returned, with trading fees deducted.</span></div><div class="ace-line ace-line old-record-id-JKakdW5idoGnC6xwCUTuwBS3srd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-EWICdBIvKoI7kNx2iOPuuA5Qsab"><span style="font-size: 16px;">If token delivery fails, all of the seller's collateral is forfeited. A portion may be collected by the platform as a service fee, with the remainder given to the counterparty as compensation. Currently, <a data-lark-is-custom="true" href="https://www.mexc.com/">MEXC</a> does not charge any fees, and the entire collateral goes to the buyer as compensation.</span></div><div class="ace-line ace-line old-record-id-KNK5dVgAHoj0Izxw1EfuSYIjshh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BX5pdeyN8oUksZxiBqTu99dhsse"><span style="font-size: 16px;">Trading fees are still charged even in cases of failed delivery. MEXC only refunds fees when orders remain unfilled or when a project's listing is canceled.</span></div><div class="ace-line ace-line old-record-id-OIm2dAi2Qoy4QixSzVJubfXNsjf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Fs1JdIK4kojHxex5l6IuewxGswf"><span style="font-size: 16px;">Recommended Reading:</span></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-G100ddo96ohy9NxVhQJurZnisEI" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/pre-market-trading-faq-17827791519271" style="font-size: 16px;">Pre-Market Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-Wm8pd6L0JosPmox3Jhpucldas2b" data-list="bullet"><div><a href="https://www.mexc.com/support/article/beginner-s-guide-to-spot-trading-faq-332253318490269696" data-lark-is-custom="true" style="font-size: 16px;">Beginner's Guide to Spot Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-ZeLGdKthloFRaTxDBEuu63l2sGf" data-list="bullet"><div><a href="https://www.mexc.com/support/article/mexc-spot-order-faq-338746501587991552" data-lark-is-custom="true" style="font-size: 16px;">MEXC Spot Order FAQ</a></div></li><li class="ace-line ace-line old-record-id-QHGGdJ2cPouYHuxijNrusABrsyg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/stocks-trading-faq-331372918914059264" data-lark-is-custom="true" style="font-size: 16px;">Stocks Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-YDGTdv63PogTdgxvMSSuafDfszg" data-list="bullet"><div><a href="https://www.mexc.com/support/article/prediction-markets-faq-337306347514028032" data-lark-is-custom="true" style="font-size: 16px;">Prediction Markets FAQ</a></div></li></ul></div>
MEXC Spot Grid Trading FAQ
<div data-page-id="BWLMdfR0AokpOQxMBGruiZL7swg" data-lark-html-role="root" data-docx-has-block-data="true"><h2 class="heading-2 ace-line old-record-id-XhQYdEy7ToKzyMxzmbKumMzisDc"><strong>1. Basic Concept Questions</strong></h2><div class="ace-line ace-line old-record-id-W5Izd3xUXoko0XxBvbXuUjC0skf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-OYiddDJPWoizQfx93PfupXKpsId"><span style="font-size: 16px;">1.1 What is Spot grid trading?</span></h3><div class="ace-line ace-line old-record-id-Qx2gdsC4XoFYtsx7pf3uykOPsJc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-U6uhdAfpKoJzESx8gyJuCCrSsdc"><span style="font-size: 16px;">Spot grid trading is an automated trading strategy tool that places buy and sell orders automatically at fixed intervals within a user-defined price range. A Spot grid trading bot is designed to capture profit opportunities during price fluctuations. By continuously buying low and selling high, it helps users earn grid profits and is well suited for volatile markets.</span></div><div class="ace-line ace-line old-record-id-D0Kedqy0lo5bm6xx0Aruf8Hbs0g"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GnOSdXYydopsJ0xELjLuYZjksEd"><span style="font-size: 16px;">1.2 What kind of market conditions are suitable for Spot grid trading?</span></h3><div class="ace-line ace-line old-record-id-PYvvd1zKfoGYbdxYQUFuEcQZsAf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GE6OdimW4oXppgxzexKumRyss8d"><span style="font-size: 16px;">Spot grid trading works best in range-bound markets and markets with relatively narrow price fluctuations. When prices move repeatedly within a defined range, the grid strategy can continue executing buy-low, sell-high trades and accumulate profits over time. However, if the market enters a one-sided downtrend, it may result in unrealized losses on held positions.</span></div><div class="ace-line ace-line old-record-id-VL7qddZ0xoy3cXxWHKMu0NtfsDf"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-ITREdFwrtoACw7xjIqpudFP1shh"><strong>2. Spot Grid Parameter Setting Questions</strong></h2><div class="ace-line ace-line old-record-id-Uk9adeI9toD7ixxjxNBujg8us0c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Goczd6Wp5os0BZxQqm2uEjTnssc"><span style="font-size: 16px;">2.1 Are there any limits on the price range for Spot grid trading?</span></h3><div class="ace-line ace-line old-record-id-W6Whdcdi0oXtHzxGXG9u4Yc3sOe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-VO5YdhQj3oKZ20x0cGMurJALsOe"><span style="font-size: 16px;">Yes. There are certain limits on the price range settings. The exact limits may vary depending on the trading pair, and the system will display the allowed range during setup.</span></div><div class="ace-line ace-line old-record-id-ICMqdttqxoMURyxFXbxu1ruus1d"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NFApdRevDoDmeKxov9XuERsbsXg"><span style="font-size: 16px;">2.2 Are there any limits on the number of grids?</span></h3><div class="ace-line ace-line old-record-id-JPAudGInOoKXWixQvNSu6CNpsVc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Iw6mdOirUoZeV1xnh3VuP6S5s9f"><span style="font-size: 16px;">Yes. The number of grids is generally limited to between 2 and 200. Please note that the system will automatically adjust the upper limit of the number of grids based on the price range you set. If the price range is relatively narrow, the maximum number of grids may be reduced accordingly to ensure that the profit from each grid can cover the trading fees.</span></div><div class="ace-line ace-line old-record-id-CGDSd6Dc4oFjs8xaRk7u2TIHsad"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-E9v4dGQz0oomzDxfCovuhERYsWq"><span style="font-size: 16px;">2.3 Is there a minimum investment amount?</span></h3><div class="ace-line ace-line old-record-id-HdZjdy1ubokUE8xc6pXuUKMoswd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Gc8pd65RfokHPix3mpiuH5cesxc"><span style="font-size: 16px;">Yes. There is a minimum investment amount, and the specific requirement changes dynamically based on the upper price limit, lower price limit, and number of grids you set. When creating a strategy, the system will display the minimum investment amount required based on your selected parameters.</span></div><div class="ace-line ace-line old-record-id-Ks5AdVoJEoUEVKx57WBuZIXHs4c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-YthddmIHPojn3Uxj11YuyTBKsDf"><span style="font-size: 16px;">2.4 What is the difference between arithmetic grids and geometric grids?</span></h3><div class="ace-line ace-line old-record-id-BbiydXmCPonKozxsBaouTWiXsKb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZlmfdHRDkouq87xd3X8uveuHsag"><span style="font-size: 16px;">An arithmetic grid means that the price difference between every two adjacent grid levels is the same, for example, 100, 200, 300, and 400.</span></div><div class="ace-line ace-line old-record-id-Lq4xdZqGForG80xbloauJprysTc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-YvOadhcKAoqPluxqj9DusO1nsof"><span style="font-size: 16px;">A geometric grid means that the price ratio between every two adjacent grid levels is the same, for example, 100, 200, 400, and 800.</span></div><div class="ace-line ace-line old-record-id-IKzWdJ8C8oUXdOxAlwwuIX1GsGg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MoWIdZWLOobY39xJ5HhuBeBPsCf"><span style="font-size: 16px;">Arithmetic grids are more suitable for narrow-range market fluctuations, while geometric grids may perform better in markets with larger price swings.</span></div><div class="ace-line ace-line old-record-id-TSgkdn6aYob0GZxK7AVuACRZsDg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Zu7cd6p4ColQC8xyEZVuzrFJsGc"><strong>3. Profit and Fee Questions</strong></h2><div class="ace-line ace-line old-record-id-NefkdLpIco7Ro3xmBcpuXwV3sWf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-HlgVdAr7voh3Zkxpi8juyPL9sCc"><span style="font-size: 16px;">3.1 What fees are charged for Spot grid trading?</span></h3><div class="ace-line ace-line old-record-id-LlirdBBNXo2J72xChkYuj5Rdswe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O31fdSremodxZDxfo2kuSyDOsXe"><span style="font-size: 16px;">MEXC Spot grid trading only charges the standard Spot trading fee when an order is successfully executed. The fee rate is the same as regular Spot trading. There are no additional fees for creating a Spot Grid strategy itself.</span></div><div class="ace-line ace-line old-record-id-VASzdB1Y3o8SVix7HYJu6OTIsrc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-CGYqd8TF2oefzMxjAdku7df2spg"><span style="font-size: 16px;">3.2 What is the difference between grid profit and total profit?</span></h3><div class="ace-line ace-line old-record-id-VCayd0wbZoAVVgxtnkIu8Jcxsle"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-OMOUdCbfnoHAtNxySAuu1LYXszb"><span style="font-size: 16px;">Grid profit refers to the cumulative realized profit generated from each completed buy-sell cycle and is calculated on a per-grid basis.</span></div><div class="ace-line ace-line old-record-id-Sdr1d1tuMoXNdPxJvKmu4tWosJc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XzVldPHoroemacxdBesuHQnXs8b"><span style="font-size: 16px;">Total profit includes realized grid profit, paid trading fees, and unrealized PNL calculated based on the current market price. Users should pay closer attention to total profit, as it reflects the final return when the strategy is terminated.</span></div><div class="ace-line ace-line old-record-id-AqOBduXH9oyplqx4qOku37jQs2c"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-NG4vdAxeCoehomxEXPNuCT9hsKc"><span style="font-size: 16px;">3.3 Why is grid profit positive while total profit shows a loss?</span></h3><div class="ace-line ace-line old-record-id-JHXXd5UcxovjyYxrwUOuSCXmsqf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-A4Yudh6xKoDYBhxTiMtuCVCXsjc"><span style="font-size: 16px;">This usually happens when the market price declines. Grid profit represents the cumulative realized profit from completed trades. However, total profit also includes the unrealized PNL of the held tokens. When token prices fall, unrealized losses may exceed the realized grid profit, resulting in negative total profit.</span></div><div class="ace-line ace-line old-record-id-UU86dfkVloulpQxm95uudQOPsFw"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GNM1dh6zZo2r1Px7BNouBiVVsWd"><span style="font-size: 16px;">3.4 Can trading fees exceed grid profit?</span></h3><div class="ace-line ace-line old-record-id-YrIRdkoazoMB88xW3ltucTD1sOe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-KyYbdmXwZohbkex4FNwuPVO1spb"><span style="font-size: 16px;">No. The MEXC Spot grid trading system ensures that trades are executed only when the grid profit is greater than the trading fees. Therefore, trading fees will not exceed grid profit.</span></div><div class="ace-line ace-line old-record-id-Ams9dAXDLoC3xmxrsOlu9NhPsiJ"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-N5U6dbIzOodIfqxuksLu3t78sxc"><strong>4. Operation and Management Questions</strong></h2><div class="ace-line ace-line old-record-id-JdKNdyygRoOaHKxzoJBu6IKTshh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Ks3qdZwGnoPNTZxdAxluHSmMsNf"><span style="font-size: 16px;">4.1 Which account is used for Spot grid trading?</span></h3><div class="ace-line ace-line old-record-id-GneLddALvoQFu9xUM5suK8rSsHf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HPs4d6Swmo3RIoxLNJ8uTidxsoc"><span style="font-size: 16px;">Spot grid trading uses funds from your Spot account. On some platforms, this may also be displayed as your funding account. When you create a grid strategy, the system will automatically transfer the required funds from that account to the strategy for independent operation.</span></div><div class="ace-line ace-line old-record-id-JuJvdNSOzoysQvxhPJDupN18scf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-QpCKd7rmZoQq46xCkPcuPlapsPe"><span style="font-size: 16px;">4.2 How many Spot Grid strategies can I run at the same time?</span></h3><div class="ace-line ace-line old-record-id-GmJ0dka9poXdA9xGincuzM9qs2e"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-B1jrd0mrXoeDhXxWPsXuFL2Tsqb"><span style="font-size: 16px;">You can run multiple Spot Grid strategies at the same time. Currently, MEXC allows users to run up to 30 different grid strategies simultaneously.</span></div><div class="ace-line ace-line old-record-id-FT9Ada1z3oihgbxsKkTuz3KRsNd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-RvW1dCsOWoBBmyxCC5uuQphOsCM"><span style="font-size: 16px;">4.3 Can I modify parameters while the strategy is running?</span></h3><div class="ace-line ace-line old-record-id-EkYodDP8GosN4RxQvshuoM3Osuc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FwfQdsUUloTcn6xdEfYugQv7sKb"><span style="font-size: 16px;">Some parameters can be modified while the strategy is running, such as the take-profit price, stop-loss price, and whether to sell held tokens when the strategy ends. However, please note that the system may automatically adjust the investment amount based on the new parameters. It is recommended that you fully evaluate the potential impact before making any changes.</span></div><div class="ace-line ace-line old-record-id-SnwndKTnaoEPXzxwxjQuR9SlspO"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Z2ZQdC6x9oJPnTxUgE9uiUzCsBb"><span style="font-size: 16px;">4.4 Can I withdraw realized grid profits?</span></h3><div class="ace-line ace-line old-record-id-Dpf2d2bUEoJQqexVtBYuFNposUf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SQuCd9WkWoeXWtxDbK7uWSbYsre"><span style="font-size: 16px;">Yes. You can withdraw realized grid profits at any time while the strategy is running, and the withdrawn funds will be transferred to your Spot account. However, please note that part of the profit may need to remain in the strategy to support normal operation. The initial investment amount is the minimum amount that must remain in the strategy and cannot be withdrawn.</span></div><div class="ace-line ace-line old-record-id-NpSod9B12oJuWhxXQwruXAIFsyc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GZfTdcJ37oQSomxAl8zuNt7SsEd"><span style="font-size: 16px;">4.5 Where do the funds go after the strategy ends?</span></h3><div class="ace-line ace-line old-record-id-S1a2ddz27os8ujxRmYUumLEzsPc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Im9xdFWKtoidhYxNJxuukzHOsfd"><span style="font-size: 16px;">After your Spot Grid strategy is terminated, all funds, including the investment amount and realized profits, will be automatically returned to your Spot account. You may also choose to sell the held tokens at the market price upon termination and settle everything into the quote token.</span></div><div class="ace-line ace-line old-record-id-XlaQdt4BooKUSnxeaxNuUIMTsHg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-PCZDdGYOyooQ4rx75sJuPORVs5b"><span style="font-size: 16px;">Please note that if market liquidity is poor or a system exception occurs, and the held tokens cannot be fully sold at market price immediately, the remaining tokens will be transferred directly to your Spot account.</span></div><div class="ace-line ace-line old-record-id-GbS7dsKRkoCYG8xdI1Fut9xmsJe"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-GQsfdC9nYoWoi6xZb8jube1FsjK"><strong>5. Risk Control Questions</strong></h2><div class="ace-line ace-line old-record-id-RRhxdsN76o2Hy1xurkzuEAYZs4e"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FBZndRzFmom5A8x81eluuB58slh"><span style="font-size: 16px;">5.1 What happens if the market price moves outside the preset range?</span></h3><div class="ace-line ace-line old-record-id-K3EidueqvoogFgx2pTKuPICjsoh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TzF5dSBqFo8Glaxz6FpuQ3wXsVd"><span style="font-size: 16px;">When the market price moves outside the price range you set, the grid strategy will pause trading and stop placing buy or sell orders until the price returns to the preset range. If you believe the price is unlikely to return in the short term, you may consider manually stopping the strategy to reduce potential losses.</span></div><div class="ace-line ace-line old-record-id-SScxd5Jr4oegoqxbrHEuhpjQsk7"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FsAjdsR1Bo7vyZxdPHWuyLnYsid"><span style="font-size: 16px;">5.2 Will Spot grid trading be liquidated?</span></h3><div class="ace-line ace-line old-record-id-XdF9dlyauoTOqpx206MuLz9BsGc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-God0dImQTozivXxpaL3u1Iv3sCb"><span style="font-size: 16px;">No. Spot grid trading runs in the Spot market and does not involve leverage or Futures positions, so there is no risk of liquidation. The assets you hold are always real Spot assets.</span></div><div class="ace-line ace-line old-record-id-F8amdNMdJotVfBxr5l3uXYJ7shc"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-AYiYdGgRGozgQ7xtPYeu9vPks4b"><span style="font-size: 16px;">5.3 How do I set take-profit and stop-loss prices?</span></h3><div class="ace-line ace-line old-record-id-Eh5xdK80RohIqIxqNF5u2twosEc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TjGbdc9X6okwVlxQhh5u8UWRsQf"><span style="font-size: 16px;">When creating a strategy, you can configure the take-profit price and stop-loss price in Advanced Settings. The take-profit price must be higher than the upper limit of the price range. When the market price reaches the take-profit price, the strategy will stop automatically, and you can choose whether to sell the held tokens. The stop-loss price must be lower than the lower limit of the price range. When the market price falls to the stop-loss price, the strategy will stop automatically to help control losses.</span></div><div class="ace-line ace-line old-record-id-Ev4ud4EQ2oB8KLxYVhuu8nPNsCf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-IBnKdEIvnoWjsWxtKInuxQNasYd"><span style="font-size: 16px;">5.4 Why is the amount I receive after the strategy ends lower than expected?</span></h3><div class="ace-line ace-line old-record-id-O2lidbOnNoWwglxcW6XuVmbKscg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MyPEdn5mtob1F0xClM1uMdm0sHe"><span style="font-size: 16px;">This may be caused by the following reasons:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-TwMvdV0DKolaoCxX0DLuSi3LsGh" data-list="bullet"><div><span style="font-size: 16px;">If you choose to sell the held tokens when the strategy ends, the system will execute the sale at the market price, and standard Spot trading fees will apply.</span></div></li><li class="ace-line ace-line old-record-id-ZJGMdUWsAoVV1XxMhgkuCDaeslg" data-list="bullet"><div><span style="font-size: 16px;">Market orders may involve some slippage.</span></div></li><li class="ace-line ace-line old-record-id-YLq5dJCRGo5DiQx3DqpuRl28sBd" data-list="bullet"><div><span style="font-size: 16px;">Unrealized PNL will be settled into actual profit or loss when the strategy ends.</span></div></li></ul><div class="ace-line ace-line old-record-id-ErnFdE5veofdKtxE8FMu8DbIsdf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-AgCjdSXrLo1aH5xNfK1uZIN9skd"><span style="font-size: 16px;">As a result, the final amount you receive may differ slightly from the total profit shown on the strategy details page.</span></div><div class="ace-line ace-line old-record-id-QuZpdnVUJoN2mtxBFWZuASUas0g"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-Y2bydm8QKonRLaxO8wbuQwcbsib"><strong>6. Troubleshooting Questions</strong></h2><div class="ace-line ace-line old-record-id-ItaJdOkgmoC4TTxT5w2urd1Wssh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FwSTdOToaopoUNxBsm7u0MxgsBf"><span style="font-size: 16px;">6.1 Why did my grid strategy creation fail?</span></h3><div class="ace-line ace-line old-record-id-WfBOdnrKIoc4PUxjeEou79s2skc"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-O7u0d7pM8oTyoVxcs4SuZaD9szd"><span style="font-size: 16px;">Strategy creation may fail for the following reasons:</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-OQteduWxIoo90lxeKssunDYJspc" data-list="bullet"><div><span style="font-size: 16px;">The available balance in your trading account is insufficient and does not meet the minimum investment requirement for the strategy.</span></div></li><li class="ace-line ace-line old-record-id-SAVBdrlbboIqkKxDO2Ru1rzSs3t" data-list="bullet"><div><span style="font-size: 16px;">The parameters you set exceed the allowed limits.</span></div></li><li class="ace-line ace-line old-record-id-ZxiddtRfToLm1Rxr0IFuTzSZsif" data-list="bullet"><div><span style="font-size: 16px;">During periods of high market volatility, if the estimated execution price deviates too much from the current market price, the system may reject strategy creation to avoid slippage losses.</span></div></li></ul><div class="ace-line ace-line old-record-id-C4FwdLSkFokm37xmqe4uBcDksxg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FJwvdErPfo3dGExMex5uvQSMsmb"><span style="font-size: 16px;">It is recommended that you check your account balance and parameter settings before trying again.</span></div><div class="ace-line ace-line old-record-id-JQhCdZL2eoZMkrxwu85upjxysGb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KBsgd0TwqovkNIxg2LIuMjejsdc"><span style="font-size: 16px;">6.2 Why did strategy initialization fail?</span></h3><div class="ace-line ace-line old-record-id-IvdNdUbSfoIkSZxf74juYMsLsph"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-MgCndebHConBguxOV4dubujlswb"><span style="font-size: 16px;">Strategy initialization failure usually occurs during periods of sharp market volatility. If the execution price of the initial market buy order deviates too much from the expected price due to slippage, it may result in insufficient arbitrage space or insufficient remaining funds to support all pending orders. In this case, the purchased tokens and remaining funds will both be returned to your trading account, and no funds will be lost.</span></div><div class="ace-line ace-line old-record-id-BXKndKc3WoYNePx95MRuXl7wshh"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-SNw1d67zJou9y3xcIKxuytWVsEz"><strong>7. Other Frequently Asked Questions</strong></h2><div class="ace-line ace-line old-record-id-MZpkdEjLroNWBrxmgryux7UesMe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-VJD1dI9xIo5XoSxhlfqugRgds4d"><span style="font-size: 16px;">7.1 Is KYC verification required for Spot grid trading?</span></h3><div class="ace-line ace-line old-record-id-AyXtdyIapotQs7xLNeFu8xNrsOh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-SUEhdKduyoVEDcxRk02uDMsysSc"><span style="font-size: 16px;">Yes. Users must complete <a data-lark-is-custom="true" href="https://www.mexc.com/support/article/how-to-complete-primary-kyc-verification-17827791519718">Primary KYC Verification</a> before they can use the Spot grid trading feature.</span></div><div class="ace-line ace-line old-record-id-FpRsd4Y9follv0xvOhtuYgYTswb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IOpCdMZTroOBdwxDCYguS103ske"><span style="font-size: 16px;">*BTN-<strong>KYC Verification</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/user/id-auth">https://www.mexc.com/user/id-auth</a>*</span></div><div class="ace-line ace-line old-record-id-QX3mdjJzzoFPxHxH9Nsuo7bMsxh"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XjPddzs8lo4ZXLx3E10uRN4Hsdh"><span style="font-size: 16px;">7.2 Which trading pairs are suitable for Spot grid trading?</span></h3><div class="ace-line ace-line old-record-id-TxB3dN2aSoo6wOxcYrPuXzpgsgx"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BQMZdloE8oapu9xi4xVudDr5sWf"><span style="font-size: 16px;">If you are new to trading, it is recommended that you start with mainstream tokens that have strong market consensus and good liquidity, such as BTC/USDT and ETH/USDT. These trading pairs usually have better market depth and relatively stable price fluctuations, making them more suitable for grid strategies. If you have a deeper understanding of Spot grid trading, you may also try other more volatile trading pairs for potentially higher returns.</span></div><div class="ace-line ace-line old-record-id-IBzXdK19wokszqxCKNFuZVg8sSd"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-KwNWdOlmIo1WIXxNatxuuSyUswm"><span style="font-size: 16px;">7.3 Where can I view the order history of my strategy?</span></h3><div class="ace-line ace-line old-record-id-EpMEdfY02oWTRjx6RvQuWTGGsAf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GYWodKseao082LxPmfjunsQLs1d"><span style="font-size: 16px;">You can view historical orders by going to the order placement area on the <a data-lark-is-custom="true" href="https://www.mexc.com/exchange/BTC_USDT">Spot</a> trading page of the MEXC platform and clicking <strong>Strategies</strong>. You can also go to the <strong><a data-lark-is-custom="true" href="http://mexc.com/orders/spot">Spot Orders</a></strong> page and click <strong>Strategies</strong> to view historical orders.</span></div><div class="ace-line ace-line old-record-id-OpYddrpYnozJjTxDfiruij1Ossh"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"66bcf456-dae2-4439-8e0b-0316faf6ee70","height":375,"width":1280,"currHeight":375,"currWidth":1280,"natrualHeight":375,"natrualWidth":1280,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FOHeFbQj9UozCqSxyH5Iu4wVps1e%2F%3Fpreview_type%3D16","file_token":"OHeFbQj9UozCqSxyH5Iu4wVps1e","image_type":"image/png","size":102581,"comments":[]}]}" class="image-uploaded gallery old-record-id-XtZndNCB0o3m3fx95zpul2L5s9N"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260413115053073wDQ9G5ZCApsOaY.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJPSGVGYlFqOVVvekNxU3h5SDVJdTR3VnBzMWUiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiWHRabmROQ0IwbzNtM2Z4OTV6cHVsMkw1czlOIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9PSGVGYlFqOVVvekNxU3h5SDVJdTR3VnBzMWUvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/OHeFbQj9UozCqSxyH5Iu4wVps1e/?mount_node_token=XtZndNCB0o3m3fx95zpul2L5s9N&mount_point=docx_image" data-width="1280" data-height="375" data-lark-image-uri="drivetoken://OHeFbQj9UozCqSxyH5Iu4wVps1e" data-lark-image-width="1280" data-lark-image-height="375" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-Ei8AdJgP1omsxQxYD9EuLB62sE4"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-Hf8edUcR9ojwJmxKuLTuS1LTsFf"><span style="font-size: 16px;">7.4 What happens if the token is suspended or delisted while the strategy is running?</span></h3><div class="ace-line ace-line old-record-id-TakIdSSx7oVEQBx0YkzuJGlUs2f"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-W92adMgSfoJEwvxLp6fuQ60zsIb"><span style="font-size: 16px;">If the relevant token is suspended, delisted, or encounters another abnormal situation while the grid strategy is running, the strategy will stop automatically. Your assets will be handled in accordance with the platform's relevant rules. It is recommended that you follow MEXC's official announcements for specific arrangements.</span></div><div class="ace-line ace-line old-record-id-J6rydLlIYoBVzRx63U1u3NQksSf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-GEM9dMhhTovgE8xC1A9u5vNPs8d"><strong style="font-size: 16px;">Recommended Reading:</strong></h3><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-QU6MdZGrporGM5xAmu9uOtBIsGf" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/learn/article/17827791534798" style="font-size: 16px;">What Is MEXC Spot Grid Trading?</a></div></li><li class="ace-line ace-line old-record-id-OGYEdbrFDoclQDxZH3quZuNzszK" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/17827791524210" data-lark-is-custom="true" style="font-size: 16px;">What is MEXC Futures Grid Trading?</a></div></li><li class="ace-line ace-line old-record-id-Brh3dnziIohfFRxiKgiuuODxsub" data-list="bullet"><div><a href="https://www.mexc.com/learn/article/17827791528065" data-lark-is-custom="true" style="font-size: 16px;">How to Use AI to Create a Grid Trading Bot</a></div></li></ul></div>
Reasons and Solutions for Abnormal Asset Display or Zero Balance
<div data-page-id="DHmfd5CdpoaCesxNY8purYXOsQe" data-lark-html-role="root" data-docx-has-block-data="true"><div class="ace-line ace-line old-record-id-MhnTdTWtqoDqsZx2zO8uP5m9sXg"><span style="font-size: 16px;">If you find that your account asset balance does not match your expectations, please do not worry. This article lists several common causes and corresponding troubleshooting methods to help you quickly identify the issue.</span></div><div class="ace-line ace-line old-record-id-Q1Hhd6FuEoJvbwxGb3kuR1T5sKg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-UIiZdir20oZ0t4x9Hl3uEt5Wsle"><strong>1. Common Issues and Solutions</strong></h2><div class="ace-line ace-line old-record-id-TfvOdIDvWoly1MxraCEuMg8Asbf"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-SdF5dQxiLoQAMsxlf3Ju6nXws4b"><span style="font-size: 16px;">1.1 Logged into a wrong account</span></h3><div class="ace-line ace-line old-record-id-VByMdZL1KowZ3Vx144uuUzMxsUe"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IIvHd2SKloenoLxqdCxuXXbBstf"><span style="font-size: 16px;"><strong>Reason: </strong>You may have multiple accounts (such as a main account, sub-accounts, or accounts created through different sign-up methods). The account you are currently logged into may not be the one where your assets are stored.</span></div><div class="ace-line ace-line old-record-id-Jp7Nd7S0lof3nwxTZnLuZLpEsBf"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BbN8dhAnzoI2lpxo0PXurxEbsMe"><span style="font-size: 16px;"><strong>Typical Case (Mobile Number Sign-Up):</strong> When signing up with a mobile number, entering "+84 13800000000" and "+84 013800000000" (with an extra leading "0" in the mobile number) will be recognized by the system as two different accounts. In this situation, you may have inadvertently logged into a similar but different account.</span></div><div class="ace-line ace-line old-record-id-WBEpdW97joo8uNxoTXduPQ9HsTN"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GP3MdIbaaoNNs5xt6Yau6n40sTd"><span style="font-size: 16px;"><strong>Troubleshooting Suggestions:</strong> Log out of the current account and carefully verify the mobile number you usually use (pay attention to whether there is a leading "0"), check the email address or third-party login method, and log in again using the correct account information.</span></div><div class="ace-line ace-line old-record-id-WhsBd4oeVo7pqfxsS9Zu1DB0sBl"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-N7v8dUDcSoPLIQxMWeOu8TUCsyA"><span style="font-size: 16px;">1.2 Hide Small Balances feature enabled</span></h3><div class="ace-line ace-line old-record-id-ABZfdggGco7afMxDy4BuPBudsbb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ZWJidIAoToFu3GxSkrJu0cZZsLY"><span style="font-size: 16px;"><strong>Reason:</strong> The platform provides a <strong>Hide Small Balances</strong> feature, which automatically hides token holdings that value falls below a preset threshold. By default, assets worth less than 1 USDT will be hidden, which is why you cannot see these assets.</span></div><div class="ace-line ace-line old-record-id-OO2GdyjJyoobaNxXLiTuFu9Dsjh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GuNxdpy25oVouwx0IJHucW7wsoe"><span style="font-size: 16px;"><strong>Troubleshooting Suggestion:</strong> Locate the <strong>Hide Small Balances</strong> toggle on the Assets page, disable the feature, refresh the page, and check the previously hidden tokens again.</span></div><div class="ace-line ace-line old-record-id-Tk0Zd05YLohduBxR2cCuX55Jsxf"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" class="ace-line ace-line old-record-id-L6LGdGOmlowKfCxRnuru4L2RsDf"><span style="font-size: 16px;">*BTN-<strong>Go to the Assets page</strong>&BTNURL=<a data-lark-is-custom="true" href="https://www.mexc.com/assets/spot">https://www.mexc.com/assets/spot</a>*</span></div><div class="ace-line ace-line old-record-id-QouUdSIhGoDWcIxOSEVupkyrsgd"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"61c3dd1a-3c19-4b73-921c-5f634aa1b6f7","height":1450,"width":2936,"currHeight":1450,"currWidth":2936,"natrualHeight":1450,"natrualWidth":2936,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FOOSEbuEmYooGHdxQmT7ud1LssUb%2F%3Fpreview_type%3D16","file_token":"OOSEbuEmYooGHdxQmT7ud1LssUb","image_type":"image/png","size":499082,"comments":[]}]}" class="image-uploaded gallery old-record-id-SLLadDZuWocYmRxfVm7uxGoAswg"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714409g3ys8r7UgR00HF.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJPT1NFYnVFbVlvb0dIZHhRbVQ3dWQxTHNzVWIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiU0xMYWREWnVXb2NZbVJ4ZlZtN3V4R29Bc3dnIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9PT1NFYnVFbVlvb0dIZHhRbVQ3dWQxTHNzVWIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/OOSEbuEmYooGHdxQmT7ud1LssUb/?mount_node_token=SLLadDZuWocYmRxfVm7uxGoAswg&mount_point=docx_image" data-width="2936" data-height="1450" data-lark-image-uri="drivetoken://OOSEbuEmYooGHdxQmT7ud1LssUb" data-lark-image-width="2936" data-lark-image-height="1450" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-TyP3dGJ6VoBdvLxAXCduY7TnszI"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-BoT7dBXLToYjlnxnfyhuR9mFsme"><span style="font-size: 16px;">1.3 Token has been delisted or trading has been suspended</span></h3><div class="ace-line ace-line old-record-id-GPCFdddZ8ooCs0xcaJVuZi7DsEb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-UhOqd3MyToOpx6x3kabuXLbesbc"><span style="font-size: 16px;"><strong>Reason:</strong> If a token you hold has been delisted by the platform, it may no longer appear in your spot account, but can still be viewed through <strong>Delisted</strong> on the <strong>Hide Small Balances</strong> or the <strong>Assets</strong> page.</span></div><div class="ace-line ace-line old-record-id-VEgldXhumomQvJxe74kuEGXhs47"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-IFCgdAD5WojMX2xOUrcubzsXshe"><span style="font-size: 16px;"><strong>Troubleshooting Suggestions:</strong> Go to <strong>Assets</strong> → <strong>Spot</strong> → <strong>Hide Small Balances</strong> or search for the token name to confirm whether it has been moved to the non-trading zone due to delisting.</span></div><div class="ace-line ace-line old-record-id-UOtddD58Zopgz9x5jrluvA2csKc"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"ef2fd06b-54f2-4a09-afa0-9628fe83e5d3","height":1452,"width":2938,"currHeight":1452,"currWidth":2938,"natrualHeight":1452,"natrualWidth":2938,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FK7QVbdVW6oZLsmxGeLsuCF4Zs6f%2F%3Fpreview_type%3D16","file_token":"K7QVbdVW6oZLsmxGeLsuCF4Zs6f","image_type":"image/png","size":539696,"comments":[]}]}" class="image-uploaded gallery old-record-id-Up7bdDSaKoKbRIxCQxfu9yIZsHf"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714343w2tsCAsYNprJlb.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJLN1FWYmRWVzZvWkxzbXhHZUxzdUNGNFpzNmYiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiVXA3YmREU2FLb0tiUkl4Q1F4ZnU5eUlac0hmIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9LN1FWYmRWVzZvWkxzbXhHZUxzdUNGNFpzNmYvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/K7QVbdVW6oZLsmxGeLsuCF4Zs6f/?mount_node_token=Up7bdDSaKoKbRIxCQxfu9yIZsHf&mount_point=docx_image" data-width="2938" data-height="1452" data-lark-image-uri="drivetoken://K7QVbdVW6oZLsmxGeLsuCF4Zs6f" data-lark-image-width="2938" data-lark-image-height="1452" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-O8RXdxgayop4AMxliAQurOFMsab"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-XQpBdDomCoay22xkx6CuBNfLsHf"><span style="font-size: 16px;">1.4 Decline in token prices leads to a reduction in overall valuation</span></h3><div class="ace-line ace-line old-record-id-XhijdM6DooMRz5xsPzouYog1sef"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-RcIEdG3hCo2qsdxwx35uxLK5seh"><span style="font-size: 16px;"><strong>Reason:</strong> Crypto asset prices are highly volatile. Even if your holdings remain unchanged, the total asset valuation denominated in fiat currency or stablecoins will decrease accordingly when market prices fall.</span></div><div class="ace-line ace-line old-record-id-PsYKdl7uIodAx5xAmtjuD9a9sAd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-BlAfderPTowYBbxvoYauEs42sNg"><span style="font-size: 16px;"><strong>Troubleshooting Suggestion</strong>: Compare the holdings snapshot at a specific point in time with the current market value. This is not a loss of assets, but rather normal market price fluctuation.</span></div><div class="ace-line ace-line old-record-id-DOdJdPDf3o09BLxuGRluPdzwsSe"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-FSNqd8QrToMgknxARlTukS2Ospb"><span style="font-size: 16px;">1.5 Transactions resulting in losses (including Spot and Futures)</span></h3><div class="ace-line ace-line old-record-id-Gul7dBCWCoy3SkxSc82ubwnTstg"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-Z5xDd4QFCopm1ax6ySMuENInswh"><span style="font-size: 16px;"><strong>Reason:</strong> Whether in Spot trading or Futures trading, when you sell an asset at a price lower than the purchase cost, or when a Futures position is forcibly liquidated or actively closed at a loss, the account equity will decrease directly.</span></div><div class="ace-line ace-line old-record-id-A5mbdXKW7oN1RTxcfFSuIvT8sxd"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-TNJfdY1mXo6Ud3x3tewuKO6Tsic"><strong style="font-size: 16px;">Troubleshooting Suggestions:</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-KXaHdiGsVo5R82xEd4Buc3E0sHf" data-list="bullet"><div><span style="font-size: 16px;">Check the Spot order history to see if there are any records of selling at a loss.</span></div></li><li class="ace-line ace-line old-record-id-SGuYdEmnGou4tSxlEAFuqhXUsAb" data-list="bullet"><div><span style="font-size: 16px;">Check the <strong>Realized </strong><strong>PNL</strong> and <strong>Closed Orders</strong> in the Futures account to confirm whether there were any forced liquidations or trading losses.</span></div></li></ul><div class="ace-line ace-line old-record-id-OdzzdyN0Co0Jy7xQHLYuF3x0sAS"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"85527211-4f89-40f7-924e-6c87e494c0df","height":576,"width":2294,"currHeight":576,"currWidth":2294,"natrualHeight":576,"natrualWidth":2294,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FL5tibrOewobFQDxQsRLuI6gUsXg%2F%3Fpreview_type%3D16","file_token":"L5tibrOewobFQDxQsRLuI6gUsXg","image_type":"image/png","size":182674,"comments":[]}]}" class="image-uploaded gallery old-record-id-JUPNdPYsYoyoeBxFg6iubMQrs2e"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714186sC1fzqTESx7aQJ.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJMNXRpYnJPZXdvYkZRRHhRc1JMdUk2Z1VzWGciLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiSlVQTmRQWXNZb3lvZUJ4Rmc2aXViTVFyczJlIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9MNXRpYnJPZXdvYkZRRHhRc1JMdUk2Z1VzWGcvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/L5tibrOewobFQDxQsRLuI6gUsXg/?mount_node_token=JUPNdPYsYoyoeBxFg6iubMQrs2e&mount_point=docx_image" data-width="2294" data-height="576" data-lark-image-uri="drivetoken://L5tibrOewobFQDxQsRLuI6gUsXg" data-lark-image-width="2294" data-lark-image-height="576" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-I2E2dre1LounxQx8C0hul7xAsCb"><span style="font-size: 16px;"><br></span></div><h3 class="heading-3 ace-line old-record-id-QrWYdLRYOoAEsBxXOv4utfplsNe"><span style="font-size: 16px;">1.6 A withdrawal was carried out</span></h3><div class="ace-line ace-line old-record-id-MjdIdmJrFov0pNxlKRPuHDzpsfh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-LuFFdGDHfoHUaNxR1z0uyxtEsDg"><span style="font-size: 16px;"><strong>Reason:</strong> If you have previously withdrawn assets from the platform to an external wallet or another account, these assets will be deducted from your platform account balance. </span></div><div class="ace-line ace-line old-record-id-BMmXdNqs8o0dJhxx6FiuAfdxsrh"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-GtUWdFXsqopccQxRMEyua6VAskb"><span style="font-size: 16px;"><strong>Troubleshooting Suggestion:</strong> Go to <strong>Funding History</strong> → <strong>Withdrawal</strong>, verify the withdrawal time, address, and amount, and confirm whether the operation was intended.</span></div><div class="ace-line ace-line old-record-id-Kq7rdeztqokuy2xRmUdu0NQDs6c"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"6a133b94-a4f3-46f1-94bb-b3ed20f2b421","height":1210,"width":2938,"currHeight":1210,"currWidth":2938,"natrualHeight":1210,"natrualWidth":2938,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FWNWCbtvRFomeNvxR7oWuPd5bsBe%2F%3Fpreview_type%3D16","file_token":"WNWCbtvRFomeNvxR7oWuPd5bsBe","image_type":"image/png","size":350250,"comments":[]}]}" class="image-uploaded gallery old-record-id-NUYrdLNt6o9lwwxZ6ggu0CYOsRb"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714770qHTJ9PCWEHG6EU.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJXTldDYnR2UkZvbWVOdnhSN29XdVBkNWJzQmUiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiTlVZcmRMTnQ2bzlsd3d4WjZnZ3UwQ1lPc1JiIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9XTldDYnR2UkZvbWVOdnhSN29XdVBkNWJzQmUvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/WNWCbtvRFomeNvxR7oWuPd5bsBe/?mount_node_token=NUYrdLNt6o9lwwxZ6ggu0CYOsRb&mount_point=docx_image" data-width="2938" data-height="1210" data-lark-image-uri="drivetoken://WNWCbtvRFomeNvxR7oWuPd5bsBe" data-lark-image-width="2938" data-lark-image-height="1210" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-ITgFdQCVRoWeK9xTTEFuM5RQs9g"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-ARfTdGFJ8og22kx4wqPu1Lcrs5e"><span style="font-size: 16px;">If you are still unable to resolve the issue after following the steps above, please contact the MEXC customer service team for professional support.</span></div><div class="ace-line ace-line old-record-id-OmpOdFMJ4oxGLIxl216uWERYsgg"><span style="font-size: 16px;"><br></span></div><h2 class="heading-2 ace-line old-record-id-REvMd8gCIo7G7qxoJh5uWCkRsIe"><strong>2. How to Comprehensively Analyze the Causes of Asset Changes</strong></h2><div class="ace-line ace-line old-record-id-NLPsdHzQ4oGo3Wxvdm5uxBIhsGb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-L72DdrwwZo3295xRVWFuzJQosIf"><span style="font-size: 16px;">MEXC provides professional PNL Analysis tools to help you accurately understand asset changes. You can access them through the following entry points:</span></div><div class="ace-line ace-line old-record-id-WshldKGmCoF4HcxIp8OukGrts3d"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-FqvodkXe6oT2rOxT0uouLhOzs5c"><span style="font-size: 16px;"><strong>Spot Profit & Loss Analysis:</strong> View the total PNL, daily PNL, and each token PNL details for Spot trading.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-WUT5dxbHCocCGoxRhccusyfIsEf" data-list="bullet"><div><span style="font-size: 16px;"><strong>Web:</strong> MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/">official website</a> → <strong>Wallets</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/assets/spot">Spot</a></strong> → <strong>Today's PNL</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/assets/analysis">Spot PNL Analysis</a></strong></span></div></li><li class="ace-line ace-line old-record-id-Fv9ndMTwcoCDn0x5BPmutov6swc" data-list="bullet"><div><span style="font-size: 16px;"><strong>App:</strong> MEXC App homepage → <strong>Wallets</strong> → <strong>Spot</strong> → <strong>Today's PNL</strong> → <strong>Spot PNL Analysis</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-MZnfdv5DpotDeAx2hTHutBFisub"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"ac656360-40e3-4009-8efd-1f88037e50f7","height":2163,"width":3129,"currHeight":2163,"currWidth":3129,"natrualHeight":2163,"natrualWidth":3129,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FHvRgbCKE5omd9Cx5bNYu8JjJsMc%2F%3Fpreview_type%3D16","file_token":"HvRgbCKE5omd9Cx5bNYu8JjJsMc","image_type":"image/png","size":1640548,"comments":[]}]}" class="image-uploaded gallery old-record-id-RDiGdVEdIo0BORxOYI2uyBHPsAP"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111715838nCbjYFKgN8fFW3.png" data-single-block="true" data-snapshot="eyJ0eXBlIjoiaW1hZ2UiLCJwYXJlbnRfaWQiOiJESG1mZDVDZHBvYUNlc3hOWThwdXJZWE9zUWUiLCJjb21tZW50cyI6W10sInJldmlzaW9ucyI6W10sImxvY2tlZCI6ZmFsc2UsImhpZGRlbiI6ZmFsc2UsImF1dGhvciI6Ijc2MTEwODU4NzgwOTc2MTIyMTQiLCJhbGlnbiI6ImNlbnRlciIsImltYWdlIjp7InRva2VuIjoiSHZSZ2JDS0U1b21kOUN4NWJOWXU4SmpKc01jIiwibWltZVR5cGUiOiJpbWFnZS9wbmciLCJzaXplIjoxNjQwNTQ4LCJzY2FsZSI6MSwid2lkdGgiOjMxMjksImhlaWdodCI6MjE2MywibmFtZSI6ImltYWdlLnBuZyIsImNyb3AiOlswLDAsMCwwXSwicm90YXRpb24iOjAsImNhcHRpb24iOnsidGV4dCI6eyJhcG9vbCI6eyJuZXh0TnVtIjowLCJudW1Ub0F0dHJpYiI6bnVsbH0sImluaXRpYWxBdHRyaWJ1dGVkVGV4dHMiOnsiYXR0cmlicyI6bnVsbCwidGV4dCI6bnVsbH19fX0sImFyZWFfY29tbWVudHMiOnt9fQ==" data-suite="eyJmaWxlVG9rZW4iOiJIdlJnYkNLRTVvbWQ5Q3g1Yk5ZdThKakpzTWMiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiUkRpR2RWRWRJbzBCT1J4T1lJMnV5QkhQc0FQIiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9IdlJnYkNLRTVvbWQ5Q3g1Yk5ZdThKakpzTWMvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/HvRgbCKE5omd9Cx5bNYu8JjJsMc/?mount_node_token=RDiGdVEdIo0BORxOYI2uyBHPsAP&mount_point=docx_image" data-width="3129" data-height="2163" data-lark-image-uri="drivetoken://HvRgbCKE5omd9Cx5bNYu8JjJsMc" data-lark-image-width="3129" data-lark-image-height="2163" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-UMqvde2Ydo5GFlxAlcvuk8YwsVb"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-HJuVdWvl7oQ0BZxgWtpu6z8Ws9d"><span style="font-size: 16px;"><strong>Futures Profit & Loss Analysis: </strong>View detailed data of the Futures account, including total PNL, funding rate, realized/unrealized PNL, and more.</span></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-Ts68dJy6qo2a2jx7EQcutYcWsdg" data-list="bullet"><div><span style="font-size: 16px;"><strong>Web:</strong> MEXC <a data-lark-is-custom="true" href="https://www.mexc.com/">official website</a> → <strong>Wallets</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/assets/future">Futures</a></strong> → <strong>Today's PNL</strong> → <strong><a data-lark-is-custom="true" href="https://www.mexc.com/futures/analysis">Futures PNL Analysis</a></strong></span></div></li><li class="ace-line ace-line old-record-id-KDdldqRpboNGYKxUeSyuZUQ1sYg" data-list="bullet"><div><span style="font-size: 16px;"><strong>App: </strong>MEXC App homepage → <strong>Wallets</strong> → <strong>Futures</strong> → <strong>Today's PNL</strong> → <strong>Futures PNL Analysis</strong></span></div></li></ul><div class="ace-line ace-line old-record-id-Csvtdtqs7ooNEuxrkDeucdkYskb"><span style="font-size: 16px;"><br></span></div><div style="text-align:center" data-type="image" data-ace-gallery-json="{"items":[{"uuid":"3d3c875d-2d38-40de-9c5f-1c44d7f0131a","height":2166,"width":3129,"currHeight":2166,"currWidth":3129,"natrualHeight":2166,"natrualWidth":3129,"pluginName":"imageUpload","scale":1,"src":"https%3A%2F%2Finternal-api-drive-stream.larksuite.com%2Fspace%2Fapi%2Fbox%2Fstream%2Fdownload%2Fpreview%2FSYPUbmWZmoI0kdxwiPIujQJtsrb%2F%3Fpreview_type%3D16","file_token":"SYPUbmWZmoI0kdxwiPIujQJtsrb","image_type":"image/png","size":1641608,"comments":[]}]}" class="image-uploaded gallery old-record-id-YnUBdv5unonBMIxDHfZujH7bsB5"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260417111714676CCppqSKKwTXWqf.png" data-single-block="true" data-snapshot="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" data-suite="eyJmaWxlVG9rZW4iOiJTWVBVYm1XWm1vSTBrZHh3aVBJdWpRSnRzcmIiLCJvYmpUeXBlIjoiZG9jeCIsIm9ialRva2VuIjoiWW5VQmR2NXVub25CTUl4REhmWnVqSDdic0I1Iiwib3JpZ2luU3JjIjoiaHR0cHM6Ly9pbnRlcm5hbC1hcGktZHJpdmUtc3RyZWFtLmxhcmtzdWl0ZS5jb20vc3BhY2UvYXBpL2JveC9zdHJlYW0vZG93bmxvYWQvcHJldmlldy9TWVBVYm1XWm1vSTBrZHh3aVBJdWpRSnRzcmIvP3ByZXZpZXdfdHlwZT0xNiJ9" data-src="https://internal-api-drive-stream.larksuite.com/space/api/box/stream/download/all/SYPUbmWZmoI0kdxwiPIujQJtsrb/?mount_node_token=YnUBdv5unonBMIxDHfZujH7bsB5&mount_point=docx_image" data-width="3129" data-height="2166" data-lark-image-uri="drivetoken://SYPUbmWZmoI0kdxwiPIujQJtsrb" data-lark-image-width="3129" data-lark-image-height="2166" data-host-from-cloud="true" style="max-width: 100%; height: auto; border-radius: 12px; font-size: 16px; width: 750px;"></div><div class="ace-line ace-line old-record-id-XqIodrYL4op0y9xqQ5DufY0FsXN"><span style="font-size: 16px;"><br></span></div><div class="ace-line ace-line old-record-id-XrhhdiAKColgQixAuGcuPxSZsPb"><strong style="font-size: 16px;">Recommended Reading:</strong></div><ul start="1" class="list-bullet1"><li class="ace-line ace-line old-record-id-FY7YdsxcgoDyCnx4ocTu1cOHsPg" data-list="bullet"><div><a data-lark-is-custom="true" href="https://www.mexc.com/support/article/mexc-spot-order-faq-338746501587991552" style="font-size: 16px;">MEXC Spot Order FAQ</a></div></li><li class="ace-line ace-line old-record-id-S2jgdC5lhoAgd6xnyRTudTdbste" data-list="bullet"><div><a href="https://www.mexc.com/support/article/mexc-0-fee-spot-trading-faq-264764306934491136" data-lark-is-custom="true" style="font-size: 16px;">MEXC 0-Fee Spot Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-P57MdDo88omKPuxnkgZus8YYsGe" data-list="bullet"><div><a href="https://www.mexc.com/support/article/beginner-s-guide-to-spot-trading-faq-332253318490269696" data-lark-is-custom="true" style="font-size: 16px;">Beginner's Guide to Spot Trading FAQ</a></div></li><li class="ace-line ace-line old-record-id-SqdudjsPLohceExPpMSupKrUsWb" data-list="bullet"><div><a href="https://www.mexc.com/support/article/prediction-markets-faq-337306347514028032" data-lark-is-custom="true" style="font-size: 16px;">Prediction Markets FAQ</a></div></li><li class="ace-line ace-line old-record-id-MJUNdv846owUjLxKkL7uui5mscd" data-list="bullet"><div><a href="https://www.mexc.com/support/article/pre-market-trading-faq-17827791519271" data-lark-is-custom="true" style="font-size: 16px;">Pre-Market Trading FAQ</a></div></li></ul><div class="ace-line ace-line old-record-id-BeukdThz6oCdOixW4ihuT74Vscd"><br></div></div>