Fractional Stock Trading – Top Brokers 2013
Fractional stock trading is a very novel & innovative idea. This is targeted for traders who want to purchase fractions of expensive stocks such as $GOOG, $AAPL etc. According to our research, below is the list of brokers that allow fractional stock trading:
What is Fractional Share
A share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar corporate actions. Normally, fractional shares cannot be acquired from the market.
Receive up to $150 in transfer fees when you switch to TradeKing
15% chose this
- Best Customer Service: "SmartMoney's Annual Broker Survey
- Broker Assisted Trade at no additional cost
- #1 online discount broker by SmartMoney Magazine
- Free real-time quotes
- Stocks Trading Fee: $4.95
- Options Trading Base Fee: $4.95
- Per Contract Options Fee: $0.65
Get up to $500 + 60 days of free trades
15% chose this
- Free Independent research from leading sources
- A saving account from etrade bank possible
- Access to foreign markets
- 31 retail locations in the US
- ACAT available
- Stocks Trading Fee: $9.99
- Options Trading Base Fee: $9.99
- Per Contract Options Fee: $0.75
FREE Trading for 60 days + Get up to $600
12% chose this
- 126 retail outlets across US
- Excellent in-house and 3rd party research
- Powerful, easy-to-use trading tools
- #1 Broker for Novices and Long Term Investing - Barron's 2013
- Stocks Trading Fee: $9.99
- Options Trading Base Fee: $9.99
- Per Contract Options Fee: $0.75
Get $100 when you open an account
7% chose this
- Excellent trading platform
- Virtual Trading Available
- Top notch mobile trading apps
- Great education resources for all levels of traders
- Stocks Trading Fee: $8.95
- Options Trading Base Fee: $0.00
- Per Contract Options Fee: $1.50
Trade Upto 6 Months Commission Free with $50,000 deposit
4% chose this
- Vibrant Trading Community of over 10,000 traders
- Rated 5 star from SmartMoney for Research
- #1 in Online Brokerage Customer Satisfaction 3 years in a Row by American Customer Satisfaction Index.
- Around 300+ retail offices across US
- Virtual Trading Account available
- Stocks Trading Fee: $8.95
- Options Trading Base Fee: $8.95
- Per Contract Options Fee: $0.75
Get upto 200 free trades
4% chose this
- Strong offering of third-party research
- Over 100 investor centers for face-to-face support
- SmartMoney's top discount broker, 3 years running.
- Many locations for face-to-face support
- Easy to use trading platform
- International trading in 25 markets
- Low-cost Fidelity mutual funds but extremely high commission on non-Fidelity mutual funds
- Stocks Trading Fee: $7.95
- Options Trading Base Fee: $7.95
- Per Contract Options Fee: $0.75
Value for the Experienced Investor at $2.50 per trade and $0.50 per option contract
2% chose this
- Low commissions and low profit margins
- Free real-time level 1 and 2 quotes & Free Morningstar research
- Free dividend reinvestment including fractional shares
- Stocks Trading Fee: $2.50
- Options Trading Base Fee: $2.50
- Per Contract Options Fee: $0.50
Free dividend reinvestment and Vanguard ETFs
2% chose this
- Low cost and good performance Vanguard mutual funds.
- $3,00 Minimum deposit
- $10 monthly Low Balance Fee for accounts with $2,500 or less
- Poor trading tools
- Stocks Trading Fee: $7.00
- Options Trading Base Fee: $20.00
- Per Contract Options Fee: $1.00
Open an account, get 100 free trades.
2% chose this
- Very low commissions and easy execution process.
- Fractional shares available with no monthly subscription fee.
- No inactivity, maintenance fees (accounts with over $100).
- Stocks Trading Fee: $3.00
- Options Trading Base Fee: $5.00
- Per Contract Options Fee: $0.50
Transfer your account to ShareBuilder, get $100
2% chose this
- Free dividend and capital gains reinvestment.
- Traders canbuy fractions of a stock
- Low Automatic Investing Plans costs.
- Stocks Trading Fee: $6.95
- Options Trading Base Fee: $6.95
- Per Contract Options Fee: $0.75
Popular Brokerage Offers
14% chose this
Refer your friends to OptionsHouse and get your choice of $150 or 30 commission-free trades.