How do I enable fractional shares?

ENABLE FRACTIONAL SHARES

Eligible clients can enable fractional share trading in Client Portal.

Use the button above or follow the below procedure to enable trading permissions:

  1. Log into Client Portal
  2. Click the User menu (head and shoulders icon in the top right corner) followed by Settings
  3. If you manage multiple accounts, select an account by clicking on the account number to popup the Account Selector
  4. Under Account Settings find the section Trading
  5. Click on Trading Permissions
  6. Scroll to "Stocks", click +Add and check the box next to "Global (Trade in Fractions)" and click on SAVE
  7. Click CONTINUE and follow the prompts on screen.

TWS Build Version 979 or later is required to trade fractional shares. This feature currently supports most order types.

Please Note

  • You will then be able to trade in fractions in eligible stocks and ETFs for which you have permission to trade.
  • To enter an order for a fractional amount for shares, simply enter a fractional value as order Quantity (example: Quantity "0.5" indicates that you want to buy half a share).
  • Fractional share purchases are allowed through the Dividend Reinvestment Program (DRIP).


Additional Information

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