Q：What is fractional share investing?
A fractional share is when you own less than one whole share of a company. Buying fractional shares is a way to invest in popular stocks without being dependent on matching the share price. There is a minimum of 0.00001 shares per order and a purchase quantity of $5 to own a portion of the stock or ETF.
Q：Which stocks are fractional shares available for?
Fractional shares are available for equities and ETFs. The list of available symbols is subject to change.
Q：How do you buy fractional shares?
Buying fractional shares is as simple as submitting a regular order. Look out for the fractional share indicator at the top of a stock page to see if fractional shares are available for that stock or ETF. There is a minimum of 0.00001 shares per order and a purchase quantity of $5 to own a portion of the stock or ETF.
Q：Are fractional shares hard to sell?
Fractional shares trade like regular stocks and ETFs. To modify your position , tap or right-click on the position in the main account screen.
Q：Can you day trade fractional shares?
Fractional share trading is regulated by the same standards as day trading stocks. Investors with margin accounts should maintain a $25,000 minimum balance to execute more than four day trades in a five-business-day window or they can be marked as a pattern day trader.
Q：How do I sell my fractional shares?
You can find your fractional share position in your main account screen. To do a trade or look at additional information for the position, tap or right-click on the position. Now you will be able to liquidate or add on to your position. There is a minimum of 0.00001 shares per order for closing fractional share positions. The rule of $5 minimum doesn't work for closing fractional share positions.
Q：Do fractional shares pay dividends?
Yes, proportionate to the percentage of the share you own.
Q：What happens to my fractional shares if there is a stock split?
If you have a fractional shares position in a company that is undergoing a stock split or reverse split, the shares number and price of the position will be affected. For example, if you have 1.5 shares of XYZ at $10 per share. If XYZ performed a 2 for 1 (2:1) forward split, you’ll have 3 shares of XYZ at $5 per share. If XYZ performed a 1 for 2 (1:2) reverse split, you’ll have 0.75 shares of XYZ at $20 per share.
Q：Can I transfer fractional shares to Webull？
Webull does not accept fractional shares through any form of transfer.
