Opening an Account

Available Investments

About Stake

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Funding your Account

Making Withdrawals

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Account Management

Portfolio Transfers

Get Free Stock

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Placing Orders

Trade Settlements


Trading in the US Markets

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US Tax Forms

Tax Reporting

Activity & Confirmations

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Portfolio Transfers to Stake

Fractional shares

With Stake, you have the opportunity to buy a fraction of a company’s stock instead of having to pay the full amount to own one full share. While many stocks are priced in the hundreds of dollars per unit, fractional shares allow you to invest with as little as $10.

Orders and execution

When buying fractional shares, you set the dollar value of your investment (e.g. US$100 of TSLA). When selling, you’ll enter the number of shares you wish to sell (e.g. 4.3142 shares of TSLA). Please note that fractional shares can only be traded using Market or Stop orders. You can read more about different order types here

You may receive multiple confirmations if your trade contains more than one full share. For instance, if you sell 3.4563 shares of TSLA, the fractional and whole share components will appear on separate trade confirmations.  

Fractional orders are subject to the NBBO (National Best Bid Offer) regulations of the U.S. market which means you'll always get the best available price for your trade at the time of execution, no matter the size of your order.



Fractional shares carry the same level of ownership as full shares do. Your holdings are registered and held in your name via the custodian model in the U.S. When you submit an order for less than one full share, our broker-dealer DriveWealth will purchase a whole share and designate you as the owner of your fraction. 

You retain the same beneficial rights (voting, dividends etc) as a fractional shareholder. You can read more about U.S. share ownership here.  


You are eligible to receive dividends on your fractional shares on a pro-rata basis. For example, if you own 3.25 shares in a company paying a $10 dividend, you will receive a dividend payment of $32.50 ($10 x 3.25). 

Voting rights

Voting eligibility can vary for fractional shareholders, depending on several factors.

Record date

Since the shareholders of a stock are constantly changing, companies set a record date to determine eligibility for upcoming votes. This date is used as a cut-off point: you'll need to have held the security as of the record date in order to be eligible. These dates are set by the company and are not determined by Stake or our broker-dealer. 

Fractional vote value

While you may be invited to vote as a fractional shareholder, the company ultimately decides what value these votes have. Some companies choose to discard votes on fractionals and others may adjust the vote value. These decisions are set by each company and not determined by Stake or our broker-dealer.

If eligible, you’ll receive an email from Stake via Broadridge informing you about an upcoming vote along with proposals and instructions. Just follow the link to have your say.


Please note that fractional shares cannot be transferred out. You can transfer your whole shares, and liquidate any fractional component to then transfer the settled cash as part of your portfolio transfer. Cash positions cannot be transferred via DTC, only via ACATS. Learn more about Portfolio Transfers here.

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