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US presidential election 2024
The last US election garnered widespread interest, with an aftermath that will likely be remembered for generations to come. Learn more about the next US election and how the markets may be affected.
Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.
When is the next US presidential election?
The next United States presidential election is scheduled for 5 November 2024.
Why trade the 2024 US election with us?
At IG, we offer leveraged over-the-counter (OTC) derivative trading on a variety of financial markets that are likely to be impacted by the US presidential election.
Deal GBP/USD from just 0.9 points
Go long or short on a range of currency pairs including all major USD, GBP and EUR crosses
Free risk management
Protect your capital with guaranteed stops that only incur a fee when triggered,1 and an account that’s backed by negative balance protection
Choose from a range of price alerts
Stay informed of market movements with percentage and point-based price alerts – exclusive to IG
Trade exclusive weekend markets
Speculate or hedge 24/72, with weekend trading available on the GBP/USD, USD/JPY and Wall Street.
How to trade the 2024 US election
- Trading CFDs
CFDs enable you to speculate on the price of an asset without taking direct ownership of it. This gives you the flexibility to go long if you think an asset’s price will rise, or short if you think it will fall. - Select a market
You can trade the election by speculating on CFD markets such as indices, shares and forex pairs. The US 500, EUR/USD and US stocks all tend to continue to move following the result. - Open an IG trading account
You can open an account with us in just a few minutes, and there’s no pressure to add funds until you want to place a trade. - Be ready to react to US election news
With our in-platform news feeds from our expert team and Reuters, plus our range of trading alerts and signals, you never need to be caught out by breaking news stories. - Log in and place your trade
Once you’ve followed the previous steps, you’re ready to log in to your account and take a position.
Tips for trading the US election
Markets are often volatile following a US election – and this year could be more unpredictable than most. Here are our tips for trading the increased volatility:
- Keep up-to-date with the latest news
It’s important to keep up to date with the latest news to reduce your chances of being caught out by quickly developing stories. Our trading platform has a range of built-in tools to help you, including news feeds from our in-house experts and Reuters. - React in real time
With us, you can trade with margin on US indices round the clock 2 and you’ll get extended hours on key US shares – exclusive to our clients. Plus, with our free trading app, you’ll be able to take a position even when you’re out and about. - Ensure you don't miss key moves
You can set alerts and signals from within our platform to notify you of key price points to buy or sell, so you never need to miss an opportunity because of fast-moving markets. You can change your preferences to receive these alerts by email, SMS or push notification – and you can take a new position or alter an existing one in seconds. - Trade on positive or negative price movements
When you take a position with us, you’ll be able to go long or short whenever an opportunity presents itself by leveraged over-the-counter (OTC) derivative trading. You’d go long if you expect markets to rise, and you’d go short if you expect them to fall. - Protect yourself against risk
Even if you’re confident in your own research and analysis, there can still be surprises. Cap your maximum risk by placing guaranteed stops on your positions.1
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
We have over 45 years of experience offering a truly market-leading service
*IG Group’s total markets
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
We have over 45 years of experience offering a truly market-leading service
*IG Group’s total markets
When was the last US election?
The last US election was held on Tuesday 3 November 2020, when all 50 states and Washington DC cast their votes. The result was delayed, with neither candidate able to clinch the all-important 270 Electoral College votes until Saturday 7 November – when the Associated Press declared Pennsylvania for Biden, pushing him over 270 and handing him the presidency.
How can you hedge risk following the presidential election?
You can hedge risk following the presidential election by opening positions that will might mitigate losses to assets you already own – such as currencies or stocks – should the market move adversely against you. With us, you can hedge against:
Dollar volatility
We offer over 80 forex pairs including EUR/USD and GBP/USD, enabling you to insulate yourself from currency risk
24-hour trading
We enable you to go long or short on CFDs on FX and major indices markets 24/5, putting you at the heart of global action
Weekend movements
We offer an unrivalled range of weekend markets, including USD/JPY, GBP/USD and Wall street, so you can offset your risk whenever volatility arises
Markets to watch
In the months leading up to the 2024 US elections, the markets to watch are major USD currency pairs, US stocks and indices, and commodities such as gold and oil. But, it’s important to remember that other factors, eg the coronavirus pandemic, are likely to affect global markets too.
Learn more about the impact of coronavirus on the markets
Here are some of the financial markets that will likely be impacted by the result of the US presidential election.
Forex
US dollar crosses, including EUR/USD, USD/JPY and GBP/USD are likely to be volatile – as investors move to price in the effects of new and amended policies
Stocks and indices
US stocks and indices including the US 500 and Wall Street are expected to experience major price moves as the office of the presidency changes hands.
Commodities
The prices of commodities including gold and oil are likely to fluctuate, in line with expectations for the country’s economic direction in the next four years after the election.
Popular markets
Prices above are subject to our website terms and conditions. Prices are indicative only.
US-related news
Choose IG as your out-of-hours trading provider
It’s free to open an account, and you don’t have to fund or trade until you’re ready.
Choose IG as your out-of-hours trading provider
It’s free to open an account, and you don’t have to fund or trade until you’re ready.
Choose IG as your out-of-hours trading provider
It’s free to open an account, and you don’t have to fund or trade until you’re ready.
Choose IG as your out-of-hours trading provider
It’s free to open an account, and you don’t have to fund or trade until you’re ready.
1 A premium is incurred if a guaranteed stop is triggered
2 Trading is available round the clock only from 4pm to 8am Monday to Thursday, and 4pm to 5am Friday (UTC+8)
Contact us
New clients: +44 (20) 7633 5430 or email sales.en@ig.com
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WhatsApp: Click here to chat to us on our official WhatsApp channel, 10am to 7pm (UTC+10), Monday to Friday
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