Comments on: Where To Trade Fractional Shares And Are They Worth It? https://thecollegeinvestor.com/20432/buy-fractional-shares-invest/ Navigating Money And Education Tue, 19 Mar 2024 17:43:46 +0000 hourly 1 By: Botmann https://thecollegeinvestor.com/20432/buy-fractional-shares-invest/#comment-445308 Wed, 01 Jul 2020 08:30:08 +0000 https://thecollegeinvestor.com/?p=20432#comment-445308 In reply to Damon Barta.

I’m sure you’re aware, but Motif made arrangements with Folio.

Motif did not give much notice on closing their doors.

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By: TexasNightOwl https://thecollegeinvestor.com/20432/buy-fractional-shares-invest/#comment-440326 Sat, 06 Jun 2020 00:04:52 +0000 https://thecollegeinvestor.com/?p=20432#comment-440326 In reply to Robert Farrington.

You are right…but only in the mobile app (no PC) & only for simple orders. Want stops & trailing stops it has to be whole number shares. I only do trailing stops so that I can ride the price down on buys or ride the price up on sells.

Using Chrome on PC it only allows whole number shares regardless of order type. I am getting tired of insecure mobile devices having greater capabilities than PCs. My hard disk is encrypted on my PC, I know the encryption Chrome uses, and my PC is less likely to be stolen than a phone. Who knows the security of a mobile app?

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By: Robert Farrington https://thecollegeinvestor.com/20432/buy-fractional-shares-invest/#comment-440296 Fri, 05 Jun 2020 21:29:06 +0000 https://thecollegeinvestor.com/?p=20432#comment-440296 In reply to TexasNightOwl.

Yes they do – it’s a brand new feature as of 2020. They call it “stocks by the slice” and you can see it here: Fidelity Fractional Shares.

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By: TexasNightOwl https://thecollegeinvestor.com/20432/buy-fractional-shares-invest/#comment-440287 Fri, 05 Jun 2020 20:53:23 +0000 https://thecollegeinvestor.com/?p=20432#comment-440287 Fidelity no longer allows fractional shares.

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By: Robert Farrington https://thecollegeinvestor.com/20432/buy-fractional-shares-invest/#comment-431751 Tue, 28 Apr 2020 16:03:41 +0000 https://thecollegeinvestor.com/?p=20432#comment-431751 In reply to Damon Barta.

I don’t believe any fractional shares can be transferred. Only whole shares you may have, and the fractional part will be sold off. So, if you have 10.25 shares, 10 shares can transfer, and the 0.25 would be sold and cash would transfer.

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