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Let’s be honest, investing can be a complicated undertaking. If you don’t know the ins and outs of the stock market, it can be a little overwhelming to start investing, especially when shares of the most popular companies are so expensive. That’s where fractional shares comes in. This trading practice allows you to buy a fraction of a share of your favorite companies, so you can spend as little as $1 investing. How do you get started investing in fractional shares? Here are our reviews of the best fractional share investing sites that can help you get started.
|Rank||Investment Company||Best For||STL Rating|
|1||M1 Finance||Overall Investing||★★★★★|
Public is a little more limited than many of its competitors, especially since it does not offer an automated investing portfolio option. That being said, it generally doesn’t matter when it comes to fractional shares, since you are buying partial shares in companies one at a time. This does mean that you will have to keep track of your investments instead of letting a robo-advisor have control, but if you prefer it that way, Public is a good option for you. Here is more information about how Public works.
Never invested before? Need help getting started? Stash is the perfect app for those who have never invested and are afraid to start. It’s simple. You download the app, connect it to your financial accounts, and it will sweep those accounts, rounding your purchases to the nearest dollar and using the change to fund micro-investments in your account through fractional shares. You can start an account for $5, making it one of the easiest investing options available.