A fractional share is a portion of stock in an individual company divided into many (hence fractional shares). These make investing more affordable and accessible for those who do not have large sums of money available upfront or beginning their careers.
Fractional shares allow you to diversify your portfolio with ease, which can help spread the risk of your investments and potentially increase your overall return.
SoFi Invest is an app that allows you to invest in stocks with whatever dollar amount you prefer because the app offers its investing products with fractional shares in stock and ETF trades.
For those interested in starting to trade on Public.com, the online fractional share brokerage platform for beginners offers a free $10 signup bonus if you make an initial deposit.