Does E-Trade offer fractional purchases of stock?

The broker doesn't offer fractional purchases of stock, but it does allow investors to reinvest their dividends into fractional shares. E-Trade will reinvest dividends only in a stock or ETF that is trading above $5 per share. Fractional purchases:No Fractional dividend reinvestment: Yes Securities in the program: Thousands of stocks and ETFs

Does Interactive Brokers offer fractional shares?

Long known as a high-powered alternative for professional and active traders, Interactive Brokers also offers fractional shares, which is a boon to investors without those deep pockets. You can purchase fractional shares on the broker’s Pro platform (cost: $1 or at the broker’s tiered rate) or on its Lite platform, where trading is free.

Where can I buy fractional shares online?

Below Bankrate highlights online stock brokers that allow fractional shares to be traded and describes key details of each broker's program and offering. The best brokers for fractional share investing: Charles Schwab

Does E-Trade offer fractional dividends?

The broker doesn't offer fractional purchases of stock, but it does allow investors to reinvest their dividends into fractional shares. E-Trade will reinvest dividends only in a stock or ETF that is trading above $5 per share.