The social media network is making a number of changes to their advertising and misinformation policies to “protect the integrity” of the election - which will decide whether Presidential Donald Trump stays in power for another four years - “by fighting foreign interference, misinformation and voter suppression”.
The company said: “While ads are an important way to express voice, we plan to temporarily stop running all social issue, electoral, or political ads in the US after the polls close on November 3rd, to reduce opportunities for confusion or abuse."
Guy Rosen, vice president for integrity at Facebook, added in a blog post: “We believe that we have done more than any other company over the past four years to help secure the integrity of elections."
There is no indication of when political ads will be allowed back on the site.
Facebook is also going to ban posts which use “militarised language” to sway voters.
Meanwhile, the firm's CEO, Mark Zuckerberg, has previously spoken of his concerns about the increase in mail-in ballots.
He said: “I’m also worried that with our nation so divided and election results potentially taking days or even weeks to be finalised, there could be an increased risk of civil unrest across the country."