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.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.
If you're curious about investing in NVDA or GOOG, but the share price is giving you a bit of sticker shock, fractional shares are a way around that feeling.
Brokers that offer fractional shares allow you to purchase a small slice of a stock — either as a dollar amount or a fraction of a share. That means you could invest $10 in a stock currently trading at $100 per share in order to own a small piece rather than the whole thing.
The benefits of fractional shares are many: they lower the barrier to entry for investors who can't or don't want to spend all their money on a certain stock, they let you diversify your portfolio easily and affordably, and the money you invest won't sit idle — every dollar you contribute to your account can effectively be put toward an investment.
While all the brokers below allow you to invest in fractional shares of stocks and ETFs with no commission on trades (which means your entire investment goes into the stock you choose), it's worth reviewing what else they offer to make sure the platform meets all your needs.
Compare features such as investment selection, mobile app ratings, and the cost of maintaining your account and purchasing other securities.
Company | NerdWallet rating | Fees | Promotion | Learn more |
|---|---|---|---|---|
4.3/5 | $0 per online trade | 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 | 5.0/5 | $0 per trade for online U.S. stocks and ETFs | 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 | 5.0/5 | $0 per trade | None no promotion available at this time | Learn moreon Interactive Brokers' website |
Learn moreon Interactive Brokers' website | ||||
Learn moreon Interactive Brokers' website | ||||
4.6/5 | $0 per trade | 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 | None no promotion available at this time | Learn moreon Public's website | |
Learn moreon Public's website | ||||
Learn moreon Public's website | ||||
Fidelity
Fidelity offers fractional-share trading for stocks and ETFs. The minimum purchase is $1.
Fidelity is one of the largest and most well-established brokerages, and it shows. Fidelity charges no trading commissions, offers an extensive set of no-fee, no-minimum index funds. It also stands out for its top-notch research tools, a renowned trading platform and very strong customer service.
Account minimum
$0
Stock trading costs
$0*
Options trades
$0.65 per contract
Account fees (annual, transfer, closing, inactivity)
Annual fee: $0 Inactivity fee: $0 Closing fee: $0
Interest rate on uninvested cash
3.28% as of June 4, 2026. (Rates change frequently. For the current rate, check the 7-day SEC yield for Fidelity's SPAXX money market fund, its default account for idle cash.)
Number of no-transaction-fee mutual funds
3,220
Tradable securities
Stocks, mutual funds, ETFs, options, bonds and fixed income, precious metals, crypto
Trading platform
Three: Fidelity.com, mobile app, Fidelity Trader+
Mobile app
Available for iOS and Android
Research and data
Several data providers, including Argus, Zacks, CFRA and S&P Global
Customer support options (includes how easy it is to find key details on the website)
24/7. Hours vary by contact method, but you can get help via phone, email, chat, over social media or at a physical branch.
IRA match
None
Charles Schwab
Schwab offers fractional-share trading for stocks and ETFs. The minimum to invest is $1.
2026 Best-of Award winner: Charles Schwab is NerdWallet's pick for the best online broker for IRA investors. Charles Schwab is one of the best overall IRA providers, with high-quality customer service, no account minimum and low fees. The company offers a large selection of no-transaction-fee funds, gives users access to extensive research and charges no commission for stock, options and ETF trades.
Account minimum
$0.
Stock trading costs
$0.
Options trades
$0.65 per contract
Account fees (annual, inactivity, closing)
Annual fee: $0 Inactivity fee: $0 Closing fee: $0
Interest rate on uninvested cash
0.05%
Number of no-transaction-fee mutual funds
7,774
Tradable securities
Stocks, mutual funds, ETFs, options, bonds, futures, futures options, forex
Trading platform
Five: Schwab.com, Schwab Mobile and thinkorswim for web, desktop and mobile
Mobile app
Available for iOS and Android
Research and data
Over a dozen, including Morningstar, Refinitiv/LSEG, Argus, Vickers and Computrade/Market Edge
Customer support options (includes how easy it is to find key details on the website)
24/7 phone and chat support
IRA match
None
J.P. Morgan
J.P. Morgan offers fractional-share trading for more than 3,000 stocks and ETFs. The minimum to invest is $5.
J.P. Morgan Self-Directed Investing is a clear-cut investment platform that is great for beginners looking to learn how to buy and sell investments. More advanced investors, however, may find it lacking in terms of available assets, tools and research. INVESTMENT PRODUCTS: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Account minimum
$0.
Stock trading costs
$0.
Options trades
$0 per trade + $0.65 per-contract fee.
Account fees (annual, transfer, closing, inactivity)
No annual or inactivity fees; $75 ACAT transfer fee.
Tradable securities
Stocks, ETFs, options, mutual funds, fractional shares (minimum $5), CDs, bonds (Treasuries, corporates, agency & municipal bonds and bond ETFs)
Interest rate on uninvested cash
0.01% by default. 3.6% via opt-in money market fund.
Number of no-transaction-fee mutual funds
About 3,000.
Trading platform
Web and mobile trading platform meet most investor needs.
Mobile app
The Chase mobile app seamlessly integrates the trading platform with all Chase products (including credit cards and bank accounts). Available for iOS and Android.
Research and data
Clients have free access to Morningstar analyst ratings, CFRA reports, and news feeds from Benzinga, Midnight Trader and Comtex, plus in-house research from J.P. Morgan.
Customer support options (includes how easy it is to find key details on the website)
Email 24/7.
Phone and in person Monday-Friday, 8 a.m.-9 p.m. Eastern, and Saturday 9 a.m.-5 p.m.
Social media Monday-Friday 7 a.m.-11 p.m. and Saturday-Sunday 10 a.m.-7 p.m.
In-person meetings at branches.
IRA match
No match.
Interactive Brokers
Interactive Brokers offers fractional-share trading for more than 10,500 stocks as well as ETFs with a $0.01 minimum.
2026 Best-of Award winner: Interactive Brokers is NerdWallet's pick for the best online broker for advanced traders. Interactive Brokers' IBKR Lite is a strong option for frequent traders: The broker offers international trade capabilities, no stock-trading commission and a quality trading platform.
Account minimum
$0.
Stock trading costs
IBKR Lite: $0. IBKR Pro: choice of fixed commission of $0.005 per share, or variable commission of $0.0005 - $0.0035 per share. Select ETFs are commission-free for Pro users.
Options trades
$0 per trade. IBKR Lite: $0.65 per contract. IBKR Pro: $0.15 to $0.65 per contract, depending on volume.
Account fees (annual, transfer, closing, inactivity)
Annual fees: $0. Inactivity fee: $0. Transfer/closing fee: $0.
Interest rate on uninvested cash
0% on the first $10,000. IBKR Lite: Up to 2.37% after $10,000, depending on account value. IBKR Pro: Up to 3.37% after $10,000, depending on account value.
Number of no-transaction-fee mutual funds
Over 21,000.
Tradable securities
Stocks, mutual funds, ETFs, options, bonds, futures, event contracts, forex, crypto, precious metals.
Trading platform
Eight: IBKR Desktop, Web (Client Portal), IBKR Mobile app, GlobalTrader app, IMPACT app, Trader Workstation (desktop), ForecastTrader and APIs.
Mobile app
Available for iOS and Android; advanced features.
Research and data
Over 140, some requiring a paid monthly subscription, some free.
Customer support options (includes how easy it is to find key details on the website)
Phone, email and chat support is available 24/5, plus email and live chat from 1:00 p.m. to 7:00 p.m. ET Saturdays.
IRA match
No match.
SoFi
SoFi Active Investing offers fractional-share trading for more than 4,700 stocks and ETFs. The minimum investment is $5.
SoFi Active Investing's $0 trading commission, fractional shares and $0 account minimum are attractive to new investors. More advanced investors will appreciate the company's wide mutual fund selection and IPO access.
Account minimum
$0
Stock trading costs
$0
Options trades
$0
Account fees (annual, transfer, closing, inactivity)
Annual fee: $0 Inactivity fee: $25 (easily waived) IRA closing fee: $100
Interest rate on uninvested cash
0.01%
No-transaction-fee mutual funds
6,800
Tradable securities
Stocks, mutual funds, ETFs, options, interval funds and crypto
Trading platform
Two: Mobile app and web
Mobile app
Available for iOS and Android
Research and data
Four: Xignite, Morningstar, TipRanks and Benzinga
Customer support options (includes how easy it is to find key details on the website)
Phone and chat support Monday through Friday 8:00 a.m. to 8:00 p.m. Eastern. Access to financial advisors.
IRA match
1%
Public
Public offers fractional-share trading of stocks, ETFs and all Treasuries, plus some bonds. There is a $5 minimum for stocks and a $100 minimum for bonds.
Public provides free stock and ETF trades, pays you to trade options, and gives traders access to crypto and bonds, as well as a high-yield cash account. The platform will appeal to traders looking for a low-cost options broker and access to many types of assets.
Account minimum
$0.
Stock trading costs
$0 ($2.99 per trade for after-hours trades or OTC stocks, for non-Premium members.)
Options trades
$0. Public pays options traders a rebate of $0.06 to $0.18 per options transaction, as a share of their payment-for-order-flow revenue, depending on volume
Account fees (annual, transfer, closing, inactivity)
$75 ACAT outgoing transfer fee (partial or full). No annual fee for non-Premium members — Public Premium costs $10 a month or $96 a year.
$3.99 monthly inactivity fee for accounts with no activity for six months and balances below $70. Instant withdrawals cost 3.5% of the amount withdrawn, with a minimum of $1.
Interest rate on uninvested cash
New users can opt into a high-yield cash account with yield of over 4% by checking a box at sign-up.
Number of no-transaction-fee mutual funds
Not rated.
Tradable securities
Stocks, ETFs, options, cryptocurrency, American Depositary Receipts, fractional shares and bonds.
Trading platform
Public's mobile and web platforms offer a smooth sign-up, funding and trading experience, but are fairly basic when it comes to tools like charts and screeners.
Mobile app
Public's iOS and Android apps are both well-liked by users and offer virtually the same features as the web trading platform.
Research and data
Research from Morningstar, TradingView and S&P Global. Public offers earnings call playback, as well as bespoke company metrics like subscriber numbers.
Customer support options (includes how easy it is to find key details on the website)
Email and chat support available from 9 a.m. to 5 p.m. Eastern, Monday through Friday. Responses prioritized for Premium members. Website is fairly easy to navigate.
IRA match
1% match on all rollovers and contributions.
Firstrade
Firstrade offers fractional-share trading for over 4,000 stocks and ETFs. The minimum investment is $5.
In addition to free stock and options trading, Firstrade charges no commission for mutual funds, a deal no other broker matches. Options traders will appreciate that the broker charges no contract fee, also a rarity among brokers.
Account minimum
$0
Stock trading costs
$0
Options trades
$0
Account fees (annual, transfer, closing, inactivity)
Annual fee: $0 Inactivity fee: $0 Closing fee: $0
Interest rate on uninvested cash
0.15%
Number of no-transaction-fee mutual funds
5,519
Tradable securities
Stocks, mutual funds, ETFs, options, bonds
Trading platform
Two: Web and mobile
Mobile app
Available for iOS and Android
Research and data
Four: MorningStar, Trading Central, OptionsPlay, TradingView
Customer support options (includes how easy it is to find key details on the website).
24/7 by phone and email (excluding holidays)
Robinhood
Robinhood offers fractional-share trading for stocks and ETFs. The minimum investment is $1.
At Robinhood, trades of stocks, ETFs and their options are commission free, as are cryptocurrency trades. (Other fees may apply, including on index options.) Robinhood Gold offers a high interest rate on uninvested cash and low margin rates. The company does not offer mutual funds or individual bonds.
Account minimum
$0 for brokerage accounts, Robinhood Gold accounts and IRAs.
Stock trading costs
$0.
Options trades
$0 for equity options. $0.50 for index options, or $0.35 for Gold accounts.
Account fees (annual, transfer, closing, inactivity)
No annual or inactivity fees. $100 ACAT outgoing transfer fee. Robinhood Gold costs $5 a month or $50 per year. Matching funds in IRAs may be taken back if money is withdrawn in less than five years. Instant withdrawals cost 1.75% of the amount withdrawn, with a minimum fee of $1 and a maximum of $150.
Interest rate on uninvested cash
0.01% for free accounts, 3.35% for Gold accounts
Tradable securities
Stocks, ETFs, Options, Cryptocurrency, American Depositary Receipts for over 650 global companies, Futures, Fractional shares. Bonds only available in the form of bond ETFs.
Number of no-transaction-fee mutual funds
Not rated; no mutual funds.
Trading platform
Robinhood's mobile and web platforms are known for their smooth sign-up, funding and trading processes. The broker now also offers a desktop platform, Robinhood Legend.
Mobile app
Mobile trading platform includes customizable alerts, news feed, advanced charting and ability to listen live to earnings calls for some companies. Reviews are mostly positive, although the average star rating on both iOS and Android is below the 4.5 star line.
Research and data
Access to professional research from Morningstar and Level II market data from the Nasdaq Stock Exchange (with Gold subscription).
Customer support options (includes how easy it is to find key details on the website)
24/7 chat support. Phone support available from 7:00 a.m. ET to 9:00 p.m. ET, Monday - Friday. Decent suite of educational articles and webinar events, and an easily-navigable website.
IRA match
1% match on IRA contributions for free accounts, 3% for Gold accounts.
eToro
eToro offers fractional-share trading for stocks and ETFs. The minimum investment is $10.
Account minimum
$0 to open, but a minimum first deposit of $50.
Stock trading costs
$0
Options trading fees
None
Account fees
Annual fee: $0 Inactivity fee: $0 Closing fee: $0
Interest rate on uninvested cash
3.90%
Number of no-transaction-fee mutual funds
Not available
Tradable securities
Stocks, ETFs, cryptocurrencies, options
Trading platform
Two: Web and mobile app
Mobile app
Available for iOS and Android
Research and data
TipRanks, City Falcon, Trading View
Customer support options (includes how easy it is to find key details on the website)
Monday through Friday, 8:00 a.m. to 8:00 p.m. EST, users can access live chat support when logged into their accounts.
IRA match
None
Webull
Webull offers fractional-share trading of stocks and ETFs with a minimum investment of $1.
Webull will appeal to the mobile-first generation of casual investors with its slick interface for desktop and mobile apps. The brokerage also delivers an impressive array of tools for active traders and a wide investment selection, including stocks (plus fractional shares), options, ETFs, crypto, commodities and futures. However, it lacks access to mutual funds.
Account minimum
$0.
Stock trading costs
$0.
Options trades
$0 per trade and $0 per contract on equity options. $0.30 to $0.50 per contract on non-equity options such as index options.
Account fees
Annual fee: $0. Inactivity fee: $0. Outgoing transfer fee (partial or full): $75.
Interest rate on uninvested cash
3.6% for Premium users. 3.25% for non-Premium users with assets totaling more than $25,000, and 0.5% below that.
Number of no-transaction-fee mutual funds
None; mutual funds not available.
Tradable securities
Stocks, ETFs, Treasury bonds, Options, ADRs, Crypto, Futures, Prediction markets
Trading platform
Five: Web, desktop, two mobile apps (Webull and Webull Lite), APIs.
Mobile app
Available for iOS and Android.
Research and data
More than a dozen providers, including Benzinga, Nasdaq Total View, S&P, Dow Jones and CBOE.
Customer support options (includes how easy it is to find key details on the website)
Customer support is available by phone from 9:00 a.m. Eastern time to 4:15 p.m. Email and an in-app help center are available 24/7.
IRA match
1% contribution match for free accounts, 3.5% for paid accounts.
M1 Finance
M1 offers fractional-share trading of stocks and ETFs with a minimum investment of $1.
M1 Finance stands out for its unique investment approach — it helps investors visualize their portfolios as a pie, with "slices" made up of different securities. The mix of automation and manual investing will appeal to beginner investors who want to grow their skills and long-term investors who want help maintaining their portfolio allocation.
Account minimum
$100 ($500 for retirement accounts).
Stock trading costs
$0.
Options trades
Options trading not available.
Account fees (annual, transfer, closing, inactivity)
Annual fee: $36 (charged monthly) on balances under $10,000.
Inactivity fee: $50 (charged on accounts with balances up to $50 with no trading or deposit activity for 90+ days).
Closing fee: Full and partial outgoing ACAT: $100; IRA closing fee: $100.
Interest rate on uninvested cash
Around 4%.
Number of no-transaction-fee mutual funds
None; mutual funds not available.
Tradable securities
Stocks, ETFs and crypto.
Trading platform
Two: M1.com and mobile app.
Mobile app
Available for iOS and Android.
Research and data
Quotemedia.
Customer support options (includes how easy it is to find key details on the website)
Customer support is available from 9 a.m. to 4 p.m EST on days when the market is open.
Tastytrade
Tastytrade offers fractional-share trading of stocks and ETFs. The minimum investment is $5.
Tastytrade is a unique broker that offers a highly advanced trading experience. Investors will like the broad investment selection and advanced trading features, but beginners should be aware that this is not the platform for them.
Account minimum
$0
Stock trading costs
$0
Options trades
$1 to open, $0 to close
Account fees (annual, inactivity, closing)
Annual fee: $0 Inactivity fee: $0 IRA closing fee: $60
Interest rate on uninvested cash
0.01%
Number of no-transaction-fee mutual funds
Not available
Tradable securities
Stocks, ETFs, options, futures, cryptocurrencies, Treasurys
Trading platform
Three: Web, desktop platform and mobile app.
Mobile app
Available for iOS and Android
Research and data
Refinitiv
Customer support options (includes how easy it is to find key details on the website)
Phone, chat and email 7:00 a.m. to 5:00 p.m., Monday to Thursday and 7:00 a.m. to 4:00 p.m. CST on Friday
IRA match
None
Cash App
Cash App offers fractional shares for stocks with a minimum investment of $1. You can also round up purchases from a Cash App card to purchase fractional shares.
Account minimum
$0
Stock trading costs
$0
Options trades
Options trading not available
Account fees (annual, inactivity, closing)
Annual fee: $0 Inactivity fee: $0 Closing fee: $0
Interest rate on uninvested cash
None, but Cash App does offer a high-yield cash account.
Number of no-transaction-fee mutual funds
None
Tradable securities
Stocks, ETFs and Bitcoin
Trading platform
Two: Desktop and mobile
Mobile app
Available for iOS and Android
Research and data
Xignite and FactSet
Customer support options (includes how easy it is to find key details on the website)
Email and in-app support only.
IRA match
None
Other brokers to note
Vanguard
Vanguard offers fractional shares of ETFs, but not stocks. This can still be helpful if you want to purchase a pricey ETF (and Vanguard's ETFs are popular choices among investors), but if you're looking to trade fractional shares of stocks, you likely want to look elsewhere.
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.
Methodology
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.