What Are Fractional Shares + Brokerages Offering Purchases

Buying fractional shares can be a smart way to invest for someone who doesn’t have the capital to buy whole shares at once though wants to start investing now. Further, you get the option of selling only what you need and not necessarily a whole share.

A fractional share is a portion of stock in an individual company that has been divided up into many shares, typically to make investing more affordable and accessible for those who do not have large sums of money available upfront or are just beginning their careers.

What are Fractional Shares?

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.

How Do Fractional Shares Work?

Many investing brokerages allow you to place stock and ETF trades for fractional shares, reducing the dollar amount you need to commit upfront when buying stocks by the slice. The best options on the market that we’ve found are found below.

How to Buy Fractional Shares

1

Acorns is a micro investing app for minors and young adults who wish to start with a small amount of money in their investments.

Acorns

2

The well-known brand in the personal finance space recently expanded its presence to the investing world by offering free trades on stocks, ETFs, cryptos and more.

SoFi Invest

3

What Public.com is really about is making investing like an investing social network, where members can own stock slices, or fractional shares of stocks and ETFs, follow popular creators, and share ideas within a community of investors.

Public.com

4

The best part might also come with knowing setting up a Webull account is free and comes with no account minimums you must meet or maintain. Finally, to de-risk your sign up, Webull also runs frequent promotions that give free stocks.

Webull

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