Which brokers offer 24 hour index trading?
Verdict
- Pepperstone offers 24/7 index trading through perpetual CFDs on the NAS100 and US500, but in the UK only professional clients can trade them; it remains our overall pick for index traders.
- UK retail clients trade Pepperstone's standard index CFDs and spread bets in each market's published sessions; check each index's hours in the platform's symbol details.
- Pepperstone also offers 24-hour trading on selected US shares five days a week, which is the closest retail alternative.
- We haven't verified round-the-clock index offers at other brokers, so ask before you open an account for that reason.
"24-hour index trading" usually means one of two things: index contracts that never close, or cash indices quoted through most of the day. Pepperstone has the first, but in the UK it reserves it for professional clients. Here is what that product is, who can use it, what a UK retail trader can use instead, and what holding an index overnight costs.
Round-the-clock index trading at Pepperstone
Pepperstone launched perpetual CFDs in 2026: contracts with no expiry that trade 24/7, including on the NAS100 and US500 (its FCA margin table lists NAS100-PERP and US500-PERP). For a retail client, Pepperstone's case rests on its regular index range: 26 indices, spread bets with no commission, and published minimums such as 0.4 points on the US500. Pepperstone Limited is authorised by the FCA (684312).
Affiliate link — we may earn a commission at no extra cost to you.
Perpetual index CFDs: who can trade them
In the UK, Pepperstone offers perpetual CFDs to professional clients only. Elsewhere it describes how they work: a funding rate set weekly in advance and applied daily at 5 pm New York time, no crypto wallet needed, and access through TradingView, MT5, cTrader and the Pepperstone app. To become a professional client you must meet two of three tests:
- Ten significantly sized trades per quarter over the last year.
- A financial-instrument portfolio above €500,000.
- At least a year in the financial sector in a role needing derivatives knowledge.
The trade-off of professional status
Professionals lose negative balance protection at Pepperstone, so a sharp overnight move on a large position can leave you owing money. They also get far higher leverage, up to 1:500 on indices, which magnifies that risk. Most UK retail traders are better served keeping retail protections and trading index sessions.
The closest retail option: 24-hour US shares
Pepperstone lists more than 100 US share CFDs that trade 24 hours a day, five days a week, under a "-24" suffix (for example AAPL.US-24). They aren't indices, but they let you react to US news outside normal market hours.
Checking hours and overnight costs
- Open the index's symbol specification in your platform and note its trading sessions and daily break.
- Check the spread at the hours you'll trade, not only the published minimum.
- If you hold a spread bet past 10 pm UK time, Pepperstone charges an overnight fee; work that into multi-day trades.
- Remember stops can't be guaranteed at Pepperstone, so a gap at a session open can fill past your level.
Sources
Product and eligibility terms as published.
Can UK retail traders trade indices 24/7 at Pepperstone?
No. Its 24/7 perpetual CFDs, including NAS100 and US500, are for professional clients only in the UK.
What are perpetual CFDs?
CFDs with no expiry date that trade 24/7, with a funding rate set weekly and applied daily, according to Pepperstone.
Is there any 24-hour product for UK retail clients at Pepperstone?
Yes, selected US share CFDs trade 24 hours a day, five days a week.
Trading indices outside main sessions can mean wider spreads and sudden gaps, and leveraged products can lose money quickly. Pepperstone says 73.6% of its retail investor accounts lose money on spread bets and CFDs. Not investment advice.