Fractional Shares

How do fractional shares work?
Our unique fractional share program allows you to purchase securities in dollar amounts rather than share quantities.  As the US market operates on a book...
Fri, 27 Sep, 2019 at 1:38 PM
Do I own these fractional shares?
Yes. The fractions of shares are held in your name with our broker and held in custody by ETC (Electronic Transaction Clearing) . Full interest is assigned ...
Mon, 4 Mar, 2019 at 1:17 PM
Can I sell fractional shares?
Yes, these are your shares. You are able to sell them. 
Mon, 2 Sep, 2019 at 5:14 PM
Can I transfer fractional shares?
Only whole shares can be transferred. If you want to transfer your shares to another broker, you can transfer your whole shares but you will need to sell yo...
Thu, 30 Jan, 2020 at 11:15 AM
Do I get voting rights with fractional shares?
No. Fractional shares do not have voting rights for the fraction of a share owned. 
Mon, 2 Sep, 2019 at 5:16 PM
How do you round fractional shares?
Our U.S. broker, DriveWealth rounds the amount of fractional shares you can purchase and own in your account down to the nearest four decimal places. This m...
Thu, 30 Jan, 2020 at 11:15 AM
Can I place a fractional limit order?
Stake only accepts market and stop orders for fractional shares.
Mon, 2 Sep, 2019 at 5:19 PM
Can I just trade whole shares?
Yes. To just trade whole shares, place an Advanced Order (select limit order) which sets the # of shares you want to buy.  This will place your order for th...
Mon, 1 Jan, 2018 at 8:18 PM