Brokerages make the guidelines
Fractional investing is made attainable by your brokerage alternatively than the real inventory trade. Brokerages that give fractional investing have to invest in shares in full units and then divvy them up in fractional items as buyers ask for them. Because the brokerage manages the approach, the brokerage gets to established the procedures. And that implies certain factors of fractional investing will change based on which brokerage you use.
Usually, brokerages do not demand commissions or trading fees on fractional purchases, but the similarities typically finish there. 4 parts to make clear with your future fractional