How to Buy and Trade Fractional Shares on Charles Schwab
What Are Fractional Shares?
Fractional shares allow you to purchase stocks based on the dollar amount you want to invest, rather than having to buy whole shares. This means you can invest in any stock you want, regardless of its price.
Benefits of Fractional Shares
- Invest in any stock, regardless of price
- Dollar-based investing makes it easy to manage your portfolio
- Start investing with as little as $5
How to Buy Fractional Shares on Charles Schwab
- Open a Charles Schwab account
- Fund your account with at least $5
- Place an order for a fractional share of the stock you want to buy
Charles Schwab offers a variety of fractional share investing options, including: *
Schwab Stock Slices: This is an easy way to buy fractional shares or whole shares for a set dollar amount. *
Mutual funds: You can invest in mutual funds that invest in fractional shares of a variety of stocks. *
Custodial accounts: You can open a custodial account for a child or other dependent and invest in fractional shares on their behalf. Fractional share investing is a great way to get started investing or to add diversification to your portfolio. With Charles Schwab, it's easy to get started and invest in any stock you want, regardless of its price.
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