The Best Platforms for Investing in Fractional Shares

Investing in fractional shares has become increasingly popular, allowing investors to own a portion of a high-priced stock without having to buy a whole share. Here are some of the top brokers that offer fractional share investing:

1. Robinhood

Robinhood is known for its commission-free trades and user-friendly interface, making it a favorite among beginner investors. With Robinhood, you can buy fractional shares of thousands of stocks and ETFs with as little as $1.

2. Charles Schwab

Charles Schwab offers fractional shares through its Schwab Stock Slices program, allowing investors to purchase slices of popular stocks like Amazon, Apple, and Tesla for as little as $5. Schwab also provides a wide range of investment options and research tools.

3. Fidelity

Fidelity’s Fractional Share Trading program allows investors to buy as little as 0.001 of a share, making it easy to diversify your portfolio with high-priced stocks. Fidelity also offers a range of educational resources for investors of all levels.

4. SoFi Invest

SoFi Invest is a popular choice for fractional share investing, offering zero commission trades and the ability to buy fractional shares of popular stocks and ETFs. SoFi also provides access to financial advisors for personalized investment advice.

5. M1 Finance

M1 Finance is a unique platform that allows investors to create a customized portfolio of fractional shares called “pies.” With M1 Finance, you can automate your investing and rebalance your portfolio as needed, making it a great option for hands-off investors.