Top Brokers to Trade Fractional Shares

Looking to trade fractional shares without breaking the bank? The brokers on this page let you buy small portions of stocks and exchange-traded funds (ETFs) — ideal if you’re starting or want to diversify with limited funds.

Compare top fractional shares brokerages and find the right app for you.

Top fractional shares brokerages

• SoFi® terms and conditions

  INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
  
  Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.
  
  Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA (www.finra.org) /SIPC(www.sipc.org).
  
  There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
  
  Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options
  
  Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information
  
  SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth's advisory operations, services, and fees is set forth in SoFi Wealth's current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.
  
  The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts.
  
  Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions.
  
  Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers

SoFi Invest®

With a $5 minimum, SoFi Invest allows you to gradually build a portfolio by trading fractional shares of US stocks and ETFs. Its beginner-friendly interface, educational content and automated investing tools make it simple to start investing, even if you’re new to the market. Beyond fractional trading, SoFi offers access to financial planners, banking services and alternative assets, creating a complete ecosystem for growing your wealth.

If you’re seeking extra perks, SoFi Plus offers benefits such as a higher APY on cash and unlimited financial planner sessions.

Robinhood

Robinhood lets you start investing with as little as $1, giving you the flexibility to own fractional shares of high-priced stocks and ETFs. Its intuitive app is perfect for beginners who want to diversify a portfolio without needing significant capital up front.

At the same time, Robinhood Gold, priced at $5 per month, offers additional features such as Level 2 market data, Morningstar research and IRA contribution matching, providing you with extra tools to manage your fractional investments.

Webull

Webull combines powerful trading tools with the ability to trade fractional shares for $5, making it great for beginners and intermediate traders. Access detailed charts, over 50 technical indicators, analyst ratings and quant scores while building a diversified portfolio.

With Webull Premium for $3.99 per month, you can earn a higher cash APY, access discounted futures, an IRA match and Level 2 market data.

Moomoo

Moomoo allows fractional share trading from $5 and offers robust tools, including real-time market data, analyst ratings and customizable charts. Paper trading with virtual funds helps you practice strategies risk-free.

The platform features market indicators, position cost tracking and high-yield cash options, making it easier for beginners to manage investments and monitor performance.

eToro

eToro offers fractional shares starting at $10, letting you invest in US stocks and ETFs with minimal capital. The platform is beginner-friendly while providing access to social trading and analytics.

Copy trades from experienced investors with CopyTrader, view TipRanks-powered ratings, price targets and hedge fund activity. eToro also offers a simple interface for managing portfolios alongside advanced insights.

Public

Public allows fractional shares as low as $1, helping you invest small amounts in stocks and ETFs. The platform emphasizes community and transparency, ideal for beginner investors.

High-yield cash accounts, options trade rebates, IRA matching and community features provide additional value for investors building a portfolio of fractional shares.

Acorns

Acorns lets beginners trade fractional shares starting at $5 and automatically invests spare change from daily purchases with its Round-Ups feature. Recurring investments make it easy to grow a portfolio over time.

The platform supports retirement accounts with matching contributions and provides educational resources, helping you learn while investing small amounts regularly.

Wealthfront

Wealthfront enables fractional share trading from $1 through its self-directed investing options, allowing you to choose US stocks and ETFs for your portfolio. This option lets you build and manage your own portfolio starting with small amounts.

The platform also offers automated investing through its robo-advisor, which builds diversified portfolios, handles automatic rebalancing and provides tax-loss harvesting. These separate options let you choose between hands-on management or fully automated portfolio growth.

Interactive Brokers

Interactive Brokers offers fractional shares from $1 with access to US and global markets. Beginners can use the GlobalTrader or IMPACT apps, while advanced traders benefit from professional-grade tools.

The platform offers a wide range of asset classes, a robo-advisor and commission-free trades for US stocks and ETFs, making it versatile for all experience levels.

Fidelity Investments

Fidelity Investments allows fractional shares from $1, with access to US stocks, ETFs and cryptocurrencies. It provides research tools, educational content and portfolio management options for beginners.

Fidelity’s robo-advisor and human advisors for larger accounts support long-term fractional investing strategies, while 24/7 customer support ensures guidance is available whenever needed.

Charles Schwab

Charles Schwab enables fractional shares starting at $5, with commission-free trades and a wide range of account options. The platform offers beginner-friendly educational resources and advanced trading tools for more experienced traders.

Thinkorswim provides advanced charting, research and analysis tools, while Schwab’s robo-advisor offers automated portfolio management to support fractional share trading.

How to compare fractional shares brokerages

When comparing fractional shares brokerages, consider:

• Minimum trade amounts — some start from $1
• Range of supported assets — stocks, ETFs
• Tools for beginners — auto investing or recurring buys

How to buy fractional shares

Buying fractional shares is typically a straightforward process:

1. Open a brokerage account with one of the platforms on this page.
2. Deposit funds.
3. Search for a stock or ETF, enter the dollar amount you want to invest and confirm your trade.

That’s how to buy fractional shares — you now own part of a stock.

Bottom line

Fractional investing has made it easier than ever to own a part of top-performing companies — even with just a few dollars. Whether you’re testing the waters or automating a long-term plan, these brokers make it simple to trade fractional shares and grow your portfolio over time.

Frequently asked questions

• Which app is best for fractional shares?

  Top apps include Robinhood for easy trading, SoFi for a beginner-friendly interface and Acorns for micro-investing.

• Can you buy fractional shares on E*TRADE?

  E*TRADE doesn’t let you directly buy fractional shares of individual stocks. The only way to receive fractional shares is through its DRIP or robo-advisor portfolios. If you want direct fractional trading, consider brokers like Robinhood, SoFi Invest or Webull.

To make sure you get accurate and helpful information, this guide has been edited by Holly Jennings as part of our fact-checking process.

Written by

Matt Miczulski

Investments editor and market analyst

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Matt Miczulski is an investments editor and market analyst at Finder. With over 450 bylines, Matt dissects and reviews brokers and investing platforms to expose perks and pain points, explores investment products and concepts and covers market news, making investing more accessible and helping readers to make informed financial decisions. Before joining Finder in 2021, Matt covered everything from finance news and banking to debt and travel for FinanceBuzz. His expertise and analysis on investing and other financial topics has been featured on Yahoo Finance, CBS, MSN, Best Company and Consolidated Credit, among others. Matt holds a BA in history from William Paterson University. See full bio

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