Fractional trading allows you to own a fraction of a share, so you get to invest in your favorite company - regardless of its share price. You decide how much you want to invest, and even if the amount doesn’t buy a whole number of shares, you can still buy fractional amounts. There is also no minimum selling amount. You may choose to liquidate your holdings anytime.
With fractional trading, there is no minimum number of units you have to trade. However, do note that your trading value has to be at least USD 1 in order to make a trade and you can only buy or sell fractional shares using market orders.
How do I enable fractional shares?
Fractional shares trading in the U.S. market is enabled by default.
Please note that some securities cannot be fractionally traded and you may see an error message if you try to do fractional trading for those stocks.
What are the fees associated with fractional shares?
There are no additional fees for fractional shares trading. Syfe Trade's standard fees apply for each trade transaction, learn more here.