A fractional share is a part of one whole share. It lets you invest small amounts in companies whose full share price might be high (for example, $1,000 per share). If you own a fraction, you still own that portion of the company.
How it works on Moneybase
You can buy a slice of most US-listed shares.
Orders are placed in cash amounts rather than whole-share quantities.
Your fraction appears next to the holding in your portfolio (for example, 0.25 shares).
Dividends and voting
If a company pays a dividend, you receive a pro-rated amount based on your fraction.
Voting rights may be limited or rounded according to your fractional holding and market rules.
Pricing and execution
Fractional trades typically execute during regular market hours and may fill at the next available price.
Not all instruments support fractional trading. If fractions are unavailable, you will only see the whole-share option.
Fees and taxes
The same trading fees and FX rules apply as for whole shares.
Dividends and any gains may be taxable depending on your situation. We do not provide tax advice.
Good to know
You can combine fractional and whole shares within the same position.
Selling works the same way as buying: choose the cash amount or the fraction to sell.
Want a deeper dive? Read our explainer on fractional shares here: Moneybase Fractional Shares
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