These fractional share trading online brokers have empowered a new cohort of investors eager to bein investing without fronting an excessive amount of cash upfront nor pay costly commissions as they steadily add to their diversified portfolio of stocks and exchange-traded funds (ETFs).
What Are Fractional Shares?
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.
How Does Fractional Share Investing Work?
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 to Buy Fractional Shares and ETFs
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.
Best Fractional Share Brokerage Account Options for Buying Partial Stocks and ETFs
Acorns is a micro-investing app for minors and young adults who wish to start with a small amount of money in their investments. You can choose to invest your spare change through a linked debit card and make regular deposits to contribute to your investment portfolio.
1. Acorns
2. SoFi Invest
The well-known brand in the personal finance space expanded its presence to the investing world by offering commission-free stock trades, including ETF trades and crypto trades.
3. Public.com
Public.com is really about making investing like an investing social network, where members can own stock slices, or fractional shares of equities, follow popular creators, and share ideas within a community of investors.
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