Best Brokers for Trading Fractional Shares in 2026

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.
NerdWallet is committed to editorial integrityMany or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own. Here is a list of our partners.

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
Last updated on Mar 20, 2026
Fact Checked
Profile photo of Arielle O'Shea
Written by
Head of Content, Investing & Taxes
Profile photo of Pamela de la Fuente
Edited by
Managing Editor
Profile photo of Arielle O'Shea
Written by
Head of Content, Investing & Taxes
+ 1 more

Our deep, independent analysis of brokers sorts through key account details to find and evaluate the information investors want when choosing a brokerage firm. To see our full methodology and learn more about our process, read our criteria for evaluating brokers.

Over 60 investment account providers reviewed and rated by our expert Nerds.

More than 50 years of combined experience writing about finance and investing.

Hands-on testing of the account funding process, broker websites and stock-trading platforms.

Dozens of objective ratings rubrics, and strict guidelines to maintain editorial integrity.

Brokers that offer fractional shares allow you to purchase a small slice of a stock rather than a full share. That means 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.

Company
NerdWallet rating
Fees
Account minimum
Promotion
Learn more
J.P. Morgan Self-Directed Investing logoJ.P. Morgan Self-Directed Investing
4.3/5

$0

per online trade

$0

Up to $1,000

cash bonus when you open and fund a J.P. Morgan Self-Directed Investing account.
Learn moreon J.P. Morgan's website
Learn moreon J.P. Morgan's website
Learn moreon J.P. Morgan's website
Best App for Investing
Fidelity logoFidelity
5.0/5

$0

per trade for online U.S. stocks and ETFs

$0

None

no promotion available at this time
Learn moreon Fidelity's website
Learn moreon Fidelity's website
Learn moreon Fidelity's website
Best Online Broker for Advanced Traders
Interactive Brokers IBKR Lite logoInteractive Brokers IBKR Lite
5.0/5

$0

per trade

$0

None

no promotion available at this time
Learn moreon Interactive Brokers' website
Learn moreon Interactive Brokers' website
Learn moreon Interactive Brokers' website
SoFi Active Investing logoSoFi Active Investing
4.6/5

$0

per trade

$0

Get up to $1,000

in stock when you open & fund a new Active Invest account. Limited time offer. Terms & Conditions Apply.
Learn moreon SoFi Invest®'s website
Learn moreon SoFi Invest®'s website
Learn moreon SoFi Invest®'s website
4.4/5

$0

$0

Earn a 1% uncapped match

when you transfer your investment portfolio to Public.
Learn moreon Public's website
Learn moreon Public's website
Learn moreon Public's website

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

Does Vanguard offer fractional shares?

Vanguard offers fractional shares of ETFs, but not stocks. This can still be helpful if you want to purchase a pricey ETF, but if you're looking to trade fractional shares of stocks, you likely want to look elsewhere.

Does Charles Schwab offer fractional shares?

Yes, Charles Schwab offers fractional shares through Schwab Stock Slices. Investors can purchase stocks in the S&P 500 for as little as $5 each, including up to 30 fractional shares of these stocks in one transaction. That more limited selection disqualified Charles Schwab from our list here, but if you're interested in trading fractional shares of only S&P 500 companies, Schwab may be worth considering.

How do we review brokers?

All NerdWallet reviews and lists of the best investing products are created by our editorial team of full-time writers and editors, independent of any business relationships. In this case, our investing team's comprehensive review process evaluates and ranks the largest U.S. brokers by assets under management, along with emerging industry players. Our aim is to provide an independent, balanced assessment of brokerages to help arm you with information to make sound, informed judgments on which ones will best meet your needs. Our highest priority is maintaining editorial integrity.

We collect data directly from brokerages through detailed questionnaires, and conduct first-hand testing and observation through demonstrations. The questionnaire answers, combined with demonstrations, interviews of personnel at the brokerages and our specialists’ hands-on research, fuel our proprietary assessment process that scores each broker's performance across more than 20 factors. The final output produces star ratings from poor (one star) to excellent (five stars).

For more details about the categories considered when rating brokers and our process, read our full methodology.