Robinhood’s Fractional Shares
Many investors who want a strong broker for fractional-share trading look at Robinhood as a solid option. There are no commissions, and the broker’s fractional-share program covers many eligible listed stocks and ETFs.
Here’s how to trade fractional shares on Robinhood.
Key Takeaways
• Robinhood offers
fractional share trading, which lets investors buy stocks and ETFs in dollar amounts instead of whole shares.
• The minimum trade size for fractional shares is
$1 or 1/1000000 of a share.
• Fractional share trading is available during
extended-hours trading, but not in the overnight (24-hour market) trading session.
Fractional Shares at Robinhood
One reason Robinhood has become so popular is its focus on accessibility. The broker is designed to help investors of all kinds build portfolios that fit their goals, even when they are starting with as little as
$1.
By using fractional shares, investors can add many stocks and ETFs to their portfolios without worrying about the price of a full share. This gives investors access to some of the market’s biggest companies. It also makes it easier to create a balanced and diversified portfolio with exact allocations to the securities they choose.
Robinhood’s Fractional Shares Fees
Another reason Robinhood is popular is its low-cost pricing. Robinhood is a no-commission broker, so
you
don’t have to pay Robinhood to trade fractional shares.
There can also be small regulatory fees, especially on sell orders, although most retail traders will barely notice them.
Besides regulatory fees, margin fees could also hit your account if you are trading fractional shares on
margin. However, the margin rate of 5% would apply to the entire
order, whether fractional shares were used or not.
You can read more about Robinhood’s fees
here.
Open Robinhood Account
Free stock + 3% IRA match or 2% transfer match at Robinhood.
Open Robinhood Account
Using Robinhood’s Fractional Share Feature
Robinhood makes it very easy to open new positions with fractional shares. In Robinhood’s terms, you can either trade in shares or trade in dollars. During regular market hours, these buy orders are entered as market orders, while during extended hours they are entered as limit orders with preset limit prices.
To place an order, therefore, you can either define a dollar amount or a share quantity expressed in
decimals instead of fractions.
For example, you can buy a fractional share of Tesla for any dollar amount you want (above $1) if you
select ‘Buy in Dollars.’
Or you can place the same order by entering your preferred share quantity.
Can You Buy Fractional Shares of Berkshire Hathaway (BRK.A)
Robinhood has a minimum fractional share limit of
0.000001, but there are no $1 million stocks that you
could use the lowest allowable fraction on. The most expensive stock available is BRK.A (Berkshire Hathaway), and it is currently trading at
$716,783.17 per share. If you were to buy 0.000001 worth of BRK.A stock, the order would get rejected because it would not meet the
$1 minimum.
Is Robinhood Good for Fractional Shares Trading?
Yes, Robinhood is a good broker for fractional shares trading. Not only is the broker’s platform easy to use, but it is also cost-effective and includes many helpful tools. Although Robinhood is built with accessibility in mind, features like fractional share trading open the door to many popular investment strategies like dollar cost averaging, dividend reinvestment, portfolio diversification, and more.
Free Robinhood Account
Free stock + 3% IRA match or 2% transfer match at Robinhood.
Open Robinhood Account
Updated on 4/14/2026.
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