Dow Jones
Dow Jones brokers facilitate access to the firm founded in 1882 by Charles Dow, Edward Jones and Charles Bergstresser. Over the next century, the company grew into one of the biggest players in the financial and business news industry. The firm has also created various market averages, the most famous of these being the Dow Jones Industrial Average (DJIA). Today, a long list of online traders turn to Dow Jones brokers to speculate on some of the world’s leading companies, including Apple and Microsoft.
This article will guide you through the information you need to know about trading on the Dow Jones, alongside its comprehensive history, popular trading strategies, and more. We also list the best brokers with access to the Dow Jones in 2023.
Dow Jones Brokers
These are the 10 best brokers for trading on the Dow Jones:
#1 - Forex.com
Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
"Forex.com is an excellent broker for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."
- DayTrading Review Team
- Instruments: Forex, Spot Metals
- Regulator: NFA, CFTC
- Platforms: MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
- Min. Deposit: $100
- Min. Trade: 0.01 Lots
- Leverage: 1:50
Stock Exchanges
Forex.com offers trading on 13 stock exchanges:
- Australian Securities Exchange
- Borsa Italiana
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- IBEX 35
- Japan Exchange Group
- Nasdaq
- S&P 500
- SIX Swiss Exchange
Forex Trading
Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k.
Stocks Trading
Forex.com offers access to thousands of US, EU and UK stocks, with spreads of just 1 point. Speculate on household names as well as new IPOs. US stocks are available from just 1.8 cents per share.
Pros
- Excellent trading tools including Trading Central, SMART Signals and MetaTrader 4
- Low minimum deposit of $100
- Industry-leading pricing on popular forex assets starting from 0.0 pips
Cons
- $15 monthly inactivity fee
- Investment offering varies between countries
- No copy trading platform
#2 - eToro USA
eToro is a social investing platform that offers stocks, ETFs, options, and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, this brand is highly respected. eToro securities trading is offered by eToro USA Securities, Inc.
"eToro is a top pick for users looking for social investing and copy trading. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer traders."
- DayTrading Review Team
- Instruments: Stocks, Options, ETFs, Crypto
- Regulator: SEC, FINRA
- Platforms: Own
- Min. Deposit: $10
- Min. Trade: $10
Stock Exchanges
eToro USA offers trading on 3 stock exchanges:
- Dow Jones
- New York Stock Exchange
- S&P 500
Stocks Trading
Trade popular US stocks and ETFs with zero commissions while fractional shares and options are also available. The eToro Academy and excellent market research are also huge bonuses for newer investors.
Crypto Trading
eToro US leads the way in cryptocurrency trading. 1% fee for buying or selling crypto added to the spread (from 0.75% for BTC), with their own wallet service and the largest number of cryptos to trade in the market. eToro copy trading is only for cryptos. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply.
Pros
- eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
- A free demo account means new users and prospective traders can try the broker risk-free
- The $10 minimum deposit and straightforward account opening process means beginners can get started quickly
Cons
- Narrower range of instruments than some competitors
- No MetaTrader 4 platform integration
#3 - Kwakol Markets
Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of asset classes are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.
"Kwakol Markets is a good option for newer traders with a dedicated learning academy, copy trading and a choice of reliable platforms. New clients can also sign up and start trading in four straightforward steps."
- DayTrading Review Team
- Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
- Regulator: ASIC, FINTRAC
- Platforms: MT4, MT5, AutoChartist
- Min. Deposit: $1
- Min. Trade: 0.01 Lots
- Leverage: 1:1000
Stock Exchanges
Kwakol Markets offers trading on 8 stock exchanges:
- Dow Jones
- Euronext
- Hong Kong Stock Exchange
- London Stock Exchange
- Nasdaq
- New York Stock Exchange
- S&P 500
- Taiwan Stock Exchange
CFD Trading
CFDs are available on a breath of underlying assets, including stocks, indices, commodities, forex and cryptos. High leverage up to 1:500 is available alongside a 0.01 minimum lot size and award-winning software. For the tightest spreads from 0 pips, opt for the Premium account.
Forex Trading
Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds through the ECN model and competitive spreads. On the negative side, not all currency pairs are available on MT4.
Stocks Trading
Trade stocks with zero commissions and ultra-fast trade executions. Clients get exposure to US, EU, Asian and Russian stock markets on both the MT4 and MT5 platforms. Stocks are available as CFDs, so users will not own the underlying shares.
Crypto Trading
Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. High leverage up to 1:20 on cryptos is available, plus support for Expert Advisors and copy trading.
Pros
- Demo account available
- Full range of investments with 1000+ assets including cryptos
- 0.01 Lot trading
Cons
- The only base currency is USD
- High deposits for premium features
- Lack of deposit and withdrawal methods
#4 - Webull
Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
"Webull is best for traders looking to buy and sell stocks on a user-friendly app with zero commissions."
- DayTrading Review Team
- Instruments: Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs
- Regulator: SEC, FINRA
- Platforms: Own
- Min. Deposit: $0
- Min. Trade: 0.01 Lots
- Leverage: 1:4
Stock Exchanges
Webull offers trading on 2 stock exchanges:
- Dow Jones
- Nasdaq
Forex Trading
Webull offers a modest collection of 17 currencies, including majors like EUR/USD. Forex can be traded on the feature-rich investing app with real-time quotes and low spreads.
Stocks Trading
Webull offers a fantastic list of 2000+ US stocks, fractional shares, options, ETFs, OTC, and ADRs. There is no commission on stocks, ETFs, and options. Full extended trading hours is available while custom screeners and watchlists aid the decision making process.
Crypto Trading
Webull offers trading on popular cryptos like Bitcoin against the US Dollar. With 35+ tokens and premium analysis tools, traders can review market trends and identify opportunities in a few taps.
Pros
- No minimum deposit for beginners
- Smart Advisor for auto investing
- Brokerage account plus IRA
Cons
- High deposit and withdrawal wire fees for non-US residents
- Day trading is limited for customers with less than $25,000 deposited
- Sometimes sudden changes in trading conditions
#5 - IG Group
IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
"IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 17,000+ markets and top-tier market research."
- DayTrading Review Team
- Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
- Regulator: FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
- Platforms: MT4, AutoChartist, TradingCentral
- Min. Deposit: $0
- Min. Trade: 0.01 Lots
- Leverage: 1:30 (Retail), 1:250 (Pro)
Stock Exchanges
IG Group offers trading on 20 stock exchanges:
- Australian Securities Exchange
- Bombay Stock Exchange
- Borsa Italiana
- Deutsche Boerse
- Dow Jones
- Euronext
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- Korean Stock Exchange
- London Stock Exchange
- National Stock Exchange Of India
- Russell 2000
- S&P 500
- SIX Swiss Exchange
- Shanghai Stock Exchange
- Shenzhen Stock Exchange
- Tadawul
- Taiwan Stock Exchange
- Toronto Stock Exchange
CFD Trading
IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.
Forex Trading
IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime.
Stocks Trading
IG offers 13,000+ shares, with more listed firms than most competitors. Fees are low with no commission on US stocks. Extended hours trading is also available alongside ultra-fast execution speeds of 0.014 seconds.
Crypto Trading
11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs.
Pros
- Share dealing and ISAs are available for longer term investing
- Over 17,000 assets are available spanning stocks, forex, commodities, baskets, futures, options and more
- IG offers great educational materials including an extensive library of training and support on how to day trade successfully
Cons
- No copy trading platform
- Inactivity charge
#6 - Pocket Option
Founded in 2017, Pocket Option is a binary options broker offering up/down contracts on forex, stocks and cryptocurrencies. With over 100,000 active users and a global reach, the brand has proven popular with budding traders. Pocket Option also supports dozens of payment methods and has a low minimum trade of just $1.
"We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment."
- DayTrading Review Team
- Instruments: Binary Options, Currencies, Commodities, Stocks, Indices
- Regulator: IFMRRC
- Platforms: MT5
- Min. Deposit: $50
- Min. Trade: $1
Stock Exchanges
Pocket Option offers trading on 11 stock exchanges:
- Australian Securities Exchange
- CAC 40 Index France
- DAX GER 40 Index
- Dow Jones
- Euronext
- FTSE UK Index
- IBEX 35
- Japan Exchange Group
- Nasdaq
- New York Stock Exchange
- S&P 500
Forex Trading
Binary and OTC options can be purchased on over 40 foreign exchange pairs. Typical payouts are also decent at 81% and users can trade forex binary options in just a couple of clicks.
Stocks Trading
Trade 30 of the most popular American multinational stocks including Microsoft and Google. Payouts on big brands come in at a decent 92% while indices are available up to 67%.
Crypto Trading
Pocket Option supports major cryptocurrencies on a beginner-friendly app. Over 10 leading cryptocurrencies are available with very high leverage up to 1:1000.
Pros
- 50+ payment methods
- MT5 iOS & Android app
- Copy trading
Cons
- IFMRRC is not a reputable regulator
- The expiration time is limited on trades
- Only one account type is available
#7 - IQCent
IQCent is an offshore binary options and CFD broker based in the Marshall Islands with 10+ payment methods and a low $50 starting deposit. With 100+ assets, around the clock trading and high payouts the brand is popular with aspiring traders.
"IQCent will appeal to newer traders who want a platform where they can trade both binary options and CFDs with copy trading support and regular contests."
- DayTrading Review Team
- Instruments: Binary Options, CFDs, Forex, Stocks, Indices, Commodities, Crypto
- Regulator: IFMRRC
- Platforms: TradingView
- Min. Deposit: $250
- Min. Trade: $0.01
- Leverage: 1:500
Stock Exchanges
IQCent offers trading on 5 stock exchanges:
- DAX GER 40 Index
- Dow Jones
- FTSE UK Index
- Nasdaq
- S&P 500
CFD Trading
IQCent CFDs are available on forex, stocks, indices, commodities and cryptos with leverage variable by asset to a maximum of 1:500, which is higher than many alternatives. 24/7 customer support is also available to assist new users.
Forex Trading
IQCent traders can access CFDs or binary options on 40+ forex pairs, including majors, minors and exotics. CFD spreads start from 0.7 pips and binary options payouts are decent up to 95%. Trading takes place through the broker's proprietary platform with advanced analysis tools.
Stocks Trading
IQCent offers CFDs and binaries on four German stocks: Lufthansa, Deutsche, Daimler and BMW. Traders can also speculate on stock markets via seven leading indices including US30, S&P500 and FTSE100.
Crypto Trading
IQCent offers 17 crypto assets through its own platform, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is limited to 1:10 while binary options payouts vary by token but are competitive.
Pros
- 24/7 customer support
- Bonuses available up to 100% for Gold account members
- Both CFDs and binary options tradeable through a single terminal
Cons
- No MetaTrader 4 platform
- Poor selection of stocks with just four equities
- Not overseen by any highly respected regulator
#8 - Nadex
Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app.
"Users looking to trade short-term binary options with a US-regulated broker will find a good platform in Nadex."
- DayTrading Review Team
- Instruments: Binary Options, Knock Outs™, Call Spreads
- Regulator: CFTC
- Platforms: Own
- Min. Deposit: $250
- Min. Trade: $1
Stock Exchanges
Nadex offers trading on 7 stock exchanges:
- DAX GER 40 Index
- Dow Jones
- FTSE UK Index
- Japan Exchange Group
- Nasdaq
- S&P 500
- Shenzhen Stock Exchange
Forex Trading
Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex offers a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly.
Stocks Trading
Speculate on a handful of global indices via binary options contracts, including the S&P 500 and FTSE 100. There are low commissions and traders can see fixed payouts and risk levels before opening a trade.
Crypto Trading
Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token.
Pros
- Extensive educational resources for those new to binary options trading
- Free demo account for new users
- A range of timeframes that will suit both short and longer term strategies
Cons
- No MT4 or MT5 platform integration
- Products and tools are more advanced than some alternatives
- Narrow selection of cryptocurrencies to trade
#9 - Videforex
Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
"Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts are also higher than most alternatives climbing to 98%."
- DayTrading Review Team
- Instruments: Binary Options, CFDs, Forex, Indices, Commodities, Crypto
- Platforms: TradingView
- Min. Deposit: $250
- Min. Trade: $0.01
- Leverage: 1:500
Stock Exchanges
Videforex offers trading on 7 stock exchanges:
- Dow Jones
- FTSE UK Index
- Hong Kong Stock Exchange
- IBEX 35
- Nasdaq
- S&P 500
- SIX Swiss Exchange
CFD Trading
Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades.
Forex Trading
Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout.
Stocks Trading
Trade binary options and CFDs on global stocks from US, European, Russian and Asian exchanges, as well as 37 indices covering a wide range of global markets. The access to stocks trumps many binary options brokers.
Crypto Trading
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.
Pros
- The support time are fast and reliable. Very few brokers offer 24/7 multi-lingual video support
- The firm facilitates day trading and binary options for global customers
- Mirror the trades of experienced investors with low fees
Cons
- The broker isn’t overseen by a trusted regulatory agency
- US clients aren’t accepted due to legal restrictions
- No MetaTrader 4 integration
#10 - M1 Finance
M1 Finance is a US brokerage that allows users to build a customizable investment portfolio from a range of 6000+ stocks and shares, ETFs and cryptocurrencies. The innovative 'pie' based portfolio management system allows traders to build several portfolios with different aims, and the brokerage supports machine-learning tools that can provide automated portfolio management.
"US investors who want a straightforward, commission-free way to invest in stocks and crypto with AI-powered strategy support should consider M1 Finance."
- DayTrading Review Team
- Instruments: Stocks, ETFs, OTC stocks
- Regulator: SEC, FINRA
- Platforms: Own
- Min. Deposit: $100
- Min. Trade: $1
Stock Exchanges
M1 Finance offers trading on 3 stock exchanges:
- Dow Jones
- Nasdaq
- New York Stock Exchange
Stocks Trading
M1 Finance offers a very large list of 6000+ stocks and shares listed on the NASDAQ and NYSE, as well as a small list of OTC securities. The shares are directly bought, sold and owned, meaning traders will have voting rights and benefit from dividends as well as capital gains. Commission-free trades and fractional shares will appeal to beginners and those on a budget.
Crypto Trading
M1 Finance users can open a crypto account to invest in 10 cryptocurrencies including Bitcoin, Ethereum, Cardano and Solana. You can also invest in six crypto-related funds and ETFs, which are a good way to get broader exposure to the digital currency market.
Pros
- A clean dashboard that illustrates the current composition of your portfolio
- Excellent portfolio-management tools
- Commission-free with low fees
Cons
- M1 does not employ any human financial advisors, versus Betterment and other popular automated advisors
- You cannot consolidate external accounts for planning purposes
- No stop-limit or stop-loss orders
How To Compare Dow Jones Brokers
Consider the following features when choosing between online brokers that support Dow Jones trading:
Platforms & Tools
The best platforms offered by Dow Jones brokers is, of course, a matter of personal preference. However, having the choice between third-party terminals or proprietary tools is worth looking out for. In-built indicators such as the relative strength index (RSI), moving average convergence divergence (MACD) or stochastic oscillator may be useful when identifying patterns in the Dow Jones index.
The MetaTrader 4 platform, for example, offer 30+ integrated technical indicators without the need for separate downloads. Being able to simply plot these onto graphs and charts within one interface will be advantageous when speculating on the Dow Jones.
Instruments
This a prominent global index and so Dow Jones brokers may offer a range of investment products. The simplest and often most cost-effective way to trade the Dow Jones is via an exchange-traded fund (ETF) or index-linked fund. Investing in these funds requires a smaller initial cash outlay whilst still providing a performance that mirrors that of the Dow Jones.
Alternatively, look out for Dow Jones brokers that also offer individual stocks. You should be able to trade shares of the 30 companies included in the Dow Jones.
Regulation
The best Dow Jones brokers will be regulated by top-tier financial authorities. Regulated brokers are considered the safest option and will provide capital protection and safeguarding initiatives for all retail traders.
Many Dow Jones brokers are registered with the US Securities and Exchange Commission (SEC). Examples include TD Ameritrade and Interactive Brokers. The National Futures Association (NFA) safeguards the integrity of the securities markets within the USA. Check whether your online broker is a member via the official website.
Fees
Commissions and spreads can make a big difference to your overall profit. Fidelity, for example, offers commission-free investing on US stocks and ETFs.
As well as direct fees, Dow Jones brokers with low non-trading costs such as deposit and withdrawal charges, inactivity fees, and account maintenance costs should rank highly. Additionally, if you are trading with Dow Jones brokers that only permit account denominations in USD, you may be liable for currency conversion fees.
News
Access to live data and the latest company news is important for all index trading. However, the association of the Dow Jones group with well-regarded publications is a significant advantage. Dow Jones brokers that provide retail clients with free access to Dow Jones Newswires should be a key consideration.
The company publishes daily news items including exclusive content from The Wall Street Journal, Barron’s, and MarketWatch covering all asset classes and markets worldwide. Having this information directly available via your broker’s platform will save time and hassle.
Interactive Brokers, for example, integrates Dow Jones stock market insights and financial analysis into its service offering.
What Is The Dow Jones?
Dow Jones is known for founding one of the most prominent indices: the Dow Jones Industrial Average. The DJIA is formed of 30 significant companies listed on stock exchanges in the United States. The company also created and runs the Wall Street Journal, which remains one of the most influential financial publications to this day. One of the co-founders, Charles Dow, wanted to give investors predictions that would help to show whether the stock market was rising or falling.
The first index created by Dow consisted of 12 companies and the first recorded value of the Dow Jones Index, 40.94, was calculated by taking a market average of these firms. The top Dow Jones brokers offer access to the latest evolution of this index in 2023.
Dow also believed that it was possible to predict the movement in stocks based on the price movement of different types of equities. According to Dow Theory, an increase in industrial stocks will result in a similar trend in transportation stocks, for example. These averages can be used to more accurately predict the movement in share prices across various industries.
History
In 1882, Dow Jones was owned by its three founders Charles Dow, Edward Jones and Charles Bergstresser. Ownership then changed in 1902 when Dow died and the company was bought by Jessie Waldron and Clarence Barron. This pair eventually passed control to the Bancroft Family, who retained ownership until 2007 when Dow Jones and company was bought by News Corp.
Key milestone history dates include:
- 1896 – The start of the Dow Jones Industrial Average. At this time it consisted of 12 companies: General Electric Co, Laclede Gas Light Co, National Lead, North American Co, Tennessee Coal, American Cotton Oil, American Sugar Refining Co, American Tobacco, Chicago Gas, Distilling & Cattle Feeding Co, U.S. Rubber, U.S Leather and Iron and Railroad Co
- 1903 – U.S Steel Corp joins the DJIA. It is the largest company in the nation at the time
- 1916 – The industrial average expands to 20 stocks
- 1928 – The calculation for Dow is changed – a special divisor is used instead of dividing by the number of stocks. It is still referred to as an average
- 1929 – Dow falls 23% over two days from the economic crash and recession
- 1972 – Dow closes above 1000
- 1987 – In another crash Dow posts its worst-ever percentage loss of 22% over one day (19th October)
- 1999 – Dow first closes above 10,000
- 2008 – Dow’s biggest-ever trading percentage gain of 11% (13th October)
- 2022 – DJIA reached its all-time high at 36,952.65 points
Note, head to the official website for details on quarterly returns and daily trade volumes. The best Dow Jones brokers also provide information on investing metrics.
What Companies Are In The Dow Jones?
Like the S&P 500 and Nasdaq 100, the Dow Jones is also one of the most prominent indices in the world. This is the list of companies currently included in the DJIA (as of 2022), along with the year they joined the index:
- American Express Co – 1982
- Amgen – 2020
- Apple Inc – 2015
- Boeing Co – 1987
- Caterpillar Inc – 1991
- Cisco Systems – 2009
- Chevron Corp – 2008
- Goldman Sachs Group – 2013
- Home Depot Inc – 1999
- Honeywell International Inc – 2020
- International Business Machines Corp – 1979
- Intel Corp – 1999
- Johnson & Johnson – 1997
- Coca-Cola Co – 1987
- JP Morgan Chase & Co – 1991
- McDonald’s Corp – 1999
- 3M Co – 1976
- Merck & Co Inc – 1979
- Microsoft Corp – 1999
- Nike Inc – 2013
- Procter & Gamble Co – 1932
- Travellers Companies Inc – 2009
- UnitedHealth Group Inc – 2012
- Salesforce Inc – 2020
- Verizon Communications Inc – 2004
- Visa Inc – 2013
- Walgreens Boots Alliance Inc – 2018
- Walmart – 1997
- Walt Disney Co – 1991
- Dow Inc – 2019
Keep an eye on the official index for the top stocks by market capitalization, along with any new additions. The top Dow Jones brokers will provide detailed insights into leading stocks, along with key financial metrics and latest price projections.
Trading Hours
Dow Jones is open from 9:30 am – 4 pm Monday to Friday in New York Time. In UK time, opening hours are 2:30 pm – 9 pm (GMT). Outside of regular market hours, there is also industrial pre-market trading running from 4 am to 9:30 am (ET) and after-hours trading from 4 pm to 8 pm (ET) though not all Dow Jones brokers will offer this.
Note, there is no overnight trading or weekend investing on the index.
Other Indices & Publications
Outside of the DJIA, other indices and publications are currently or were previously owned by the Dow Jones company.
Indices:
- Dow Jones Industrial Average
- Dow Jones Transportation Average (Includes 20 transportation companies)
- Dow Jones Utility Average (Includes 15 US utility stocks)
Dow Jones and company no longer directly control these three indices that they originally founded. In 2012, S&P Dow Jones Indices LLC bought all three. This company is a collaboration between the CME Group and S&P Global.
Publications:
- The Wall Street Journal
- Financial News
- MarketWatch
- Barron’s
Strategies
Various investment and trading strategies can be employed to speculate on the Dow Jones via brokers that offer the index. Popular examples include:
- Top ten – This strategy involves making a balanced investment between the 10 Dow Jones stocks with the highest dividend yield at the start of the year. After holding these stocks for the rest of the year they can be sold following the same pattern. This strategy is known to have favourable results over the longer-term. Most Dow Jones brokers support this investment system
- Swing trading – This involves making trades that last a couple of days up to several months. The purpose is to take advantage of an anticipated price move to make a profit and usually involves buying the stock at the top of a cup in a price chart with a stop-loss order placed at the most recent low in the cup
- Scalping – This is a fast-paced strategy that involves making numerous small profits from minor price changes that occur throughout the day
- Range trading – By paying attention to live trading charts and graphs it’s possible to make predictions on Dow Jones futures and use this to determine buy and sell decisions
- News-based investing – This strategy involves buying and selling stocks based on the news and media announcements surrounding respective companies. If a stock receives attention it is likely to fluctuate depending on if the news is positive or negative
- High-frequency trading (HFT) – These strategies involve using algorithms to take advantage of small or short term changes in the market to make a profit
Note, that the best Dow Jones strategy will depend on your individual investment objectives and risk appetite.
Final Word On Dow Jones Brokers
The Dow Jones Industrial Average compares and ranks 30 major companies listed on stock exchanges in the US. As well as the popular index, the organization also set up various financial news brands. This guide has provided an introduction to the Dow, along with key dates in its history. We have also explained how to compare brokerages and platforms that offer trading on the Dow Jones.
Use our list of the best platforms and brokers with access to the Dow Jones to get started today.
FAQ
How Do You Trade The Dow Jones At Online Brokers?
The easiest way to trade Dow Jones via online brokers is through an exchange-traded fund (ETF). ETFs are known for being less volatile than individual stocks since large swings in the performance of specific equities will have a limited impact on the overall index average. As well as being lower risk, ETFs also help diversify portfolios. You can check what instruments Dow Jones brokers offer before signing up.
What Time Does The Dow Jones Start Trading At Online Brokers?
Standard trading hours begin at 09:30 ET which will be shown in broker’s investing platforms.
When Does The Dow Jones Stop Trading At Online Brokers?
Typical closing times are 16:00 ET which will be reflected via broker’s platforms. Note, that closing hours may vary with Christmas and public holidays.
Is Dow Jones A Price-Weighted Index?
Yes, the components of Dow Jones with the most value will have more influence. As of 8th July 2022, the most valuable stock on the index is UnitedHealth at $521.77, while the lowest is Walgreens Boots Alliance at $37.79. The best Dow Jones brokers offer detailed statistics and data on the constituents of the index.
What Is The Average Return On The Dow Jones From The Last 20 Years?
The average return from 2002-2021 has been 9.51%. Head to live price and volume charts at Dow Jones brokers for further insights into historical market data and quotes.
What Is The Future Forecast For The Dow Jones?
The Economic Forecast Agency has made a prediction of 30,296 points for the beginning of June 2024 with a maximum of 32,114 and a minimum of 28,478. Various other forecasts and predictions can be found online at Dow Jones Brokers.
When Is The Best Time To Trade The Dow Jones With Major Brokers?
Regular trading of Dow Jones begins early at 9:30 am EST. The hour ending at 10:30 am EST is often the best time of day. This is when the biggest changes occur in the shortest amount of time. Many professional day traders will prioritize this time to make the most of the high volatility in prices.