US election 2024

The race for the White House is heating up ahead of the vote on 5 November. Learn more about the US election and find out how to trade this key event.

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Tips for trading the US election

Spread bet or trade CFDs on key markets to hedge an existing portfolio.

Trade on the go with our powerful mobile app.

React to potential opportunities as news breaks, even when underlying markets are closed.

Create price alerts in our platform to stay on top of market action around the US election.

Stay in control of your trades with our risk-management tools, including stop-loss orders.

Be prepared for spikes in market volatility ahead of the US election, during the count, and immediately after the announcement of the result.

Remember that US election polls are a useful guide but offer no guarantee on who will win the keys to the White House.

What are the markets to watch in the US election?

Political uncertainty can trigger market volatility. The key markets to watch around the US election include dollar pairs, major US indices, large-cap US stocks, and commodities such as gold, natural gas and US oil benchmark West Texas Intermediate.

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Pricing is indicative. Past performance is not a reliable indicator of future results.

Trump vs. Harris: how the markets could react

A second Trump presidency might usher in a protectionist, “America first” agenda that could have far-reaching implications for everything from the dollar to energy stocks, cryptocurrencies and perhaps even the Federal Reserve’s independence.

However, as Michael Kramer, the trader and founder of Mott Capital Management, argues, the winners and losers of a possible Trump presidency remain “unclear for the moment [and] traders will be hoping for greater clarity” as election day approaches.

If Harris wins the US presidential election, global markets may react favourably to the prospect of political continuity and economic stability.

A Democrat victory could also benefit sectors that the party has focused on in the past, such as green energy, healthcare and infrastructure.

However, as recent history has reminded us, it is often not policies but events – such as pandemics, wars and technological breakthroughs – that tend to have the greatest impact on markets.

How to trade the US election with us

  • 1

    Open an account

    Open a free demo account to practise trading on our award-winning2 platform with £10,000 in virtual funds. Then, when you're ready, open a live spread betting or CFD trading account with us.

    Open an account
  • 2

    Pick a market

    Trade the US election by speculating on markets such as indices, shares, forex and commodities. The US election could impact financial instruments including the US 30, USD/JPY and Gold.

  • 3

    Keep up to date with US election news

    Keep your finger on the pulse with Reuters news and Morningstar stock data (available in our trading platform to live account holders), and get expert insights from our team of analysts.

    See market news and analysis
  • 4

    Develop a trading plan

    It’s important to do your research and develop a risk-management strategy, familiarising yourself with our range of risk-management tools such as stop-loss orders.

  • 5

    Place your trade

    Once you’ve followed the above steps, you’re ready to execute your trading plan and place a trade.

Key dates in the 2024 US election

1

19-22 August

Democratic National Convention

2

10 September

Presidential debate

3

1 October

Vice-presidential debate

4

5 November

Election day

When is the next US election?

The next US presidential election will take place on Tuesday, 5 November 2024.

US presidential elections have been held every four years since 1788.

When was the last US election?

The last US presidential election was held on Tuesday, 3 November 2020.

The election was won by Democratic former vice-president Joe Biden, who became the 46th president of the United States.

US-related news

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