8 Best Brokers for Trading Fractional Shares of January 2025
Fractional share investing allows you to purchase small slices of a stock, rather than a full share. These brokers let investors buy fractional shares with no commission.
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A few years ago, if you wanted to invest in a stock, you needed to pony up enough money to buy a full share. And with some popular stocks trading in the triple digits or more, that left some would-be stock investors on the sidelines.
Brokers that offer fractional shares are the solution to that problem: They allow investors to purchase a small slice of a stock, rather than a full share. What that means is that through an account with the brokers below, you could invest $10 into a stock that's currently trading for $100 a share. Then, you would own a small piece of a share, rather than the full thing.
All of the brokers below allow you to invest in fractional shares with no trade commission, which means your entire investment goes into the stock you choose.
Best Brokers for Trading Fractional Shares
| Broker | NerdWallet rating | Fees | Account minimum | Promotion | Learn more |
|---|---|---|---|---|---|
4.5/5 | $0 per trade | $0 | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | Learn moreLearn more on Robinhood's website | |
4.5/5 | $0 per trade | $0 | Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. | Learn moreLearn more on J.P. Morgan's website | |
4.6/5 | $0 | $0 | Earn up to $10,000 when you transfer your investment portfolio to Public. | Learn moreLearn more on Public's website | |
5.0/5 | $0 per trade | $0 | None no promotion available at this time | Learn moreLearn more on Interactive Brokers' website | |
4.5/5 | $0 per trade | $0 | Up to $200 in Transfer Fee Rebates |
Fees
$0
per trade
Account minimum
$0
Promotion
1 Free Stock
after linking your bank account (stock value range $5.00-$200)
Fees
$0
per trade
Account minimum
$0
Promotion
Get up to $700
when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money.
Fees
$0
Account minimum
$0
Promotion
Earn up to $10,000
when you transfer your investment portfolio to Public.
Fees
$0
per trade
Account minimum
$0
Promotion
None
no promotion available at this time
Fees
$0
per trade
Account minimum
$0
Promotion
Up to $200
in Transfer Fee Rebates
Fees
$0
per trade for online U.S. stocks and ETFs
Account minimum
$0
Promotion
None
no promotion available at this time
Fees
$0
Account minimum
$0
Promotion
N/A
Want to compare more options? Here are our other top picks:
Fractional shares of ETFs
The above brokers offer fractional shares of individual stocks. But if you're looking for fractional shares of exchange-traded funds, you might also consider two more options.
Vanguard
Vanguard offers fractional share purchases of Vanguard ETFs only, which is why it didn't make our list. However, Vanguard's ETFs are popular choices among investors, and if you want to purchase fractional shares of them, the broker is worth a look.
» MORE: Read our Vanguard review
Stash
Stash offers fractional shares of individual stocks and ETFs. However, the company charges a monthly subscription fee, which is why it didn't make our list above. But the subscription has other benefits, including a banking account and a Stock-Back® Card that pays out stocks as rewards when you shop. It may be worth a look for investors seeking fractional share access alongside those other features.
» MORE: Read our Stash review
Last updated on December 3, 2024
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