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Thank you
Thanks for engaging!
I have an IBKR Pro account. I don’t seem to be able to enable fractional share trading permission. Is this option available to everyone in all countries?
Hi, thank you for your question. Please review fractional share eligibility in this FAQ:
https://www.ibkr.com/faq?id=83262092
You can also find more details here:
https://ibkr.info/node/3416
We hope this helps answer your question!
If I want say .25 shares of one stock or .50 shares of a stock in that exact amount, is that possible? I don’t want odd amounts of fractional shares.
Thank you for asking. Yes, it is possible to enter fractional shares for specific amounts. We hope this answers your question!
Can we convert all the fractional share of a company into whole share
Eg : if we have 3 fractional share like 0.25 % , 0.50% , 0.25% . It will automatically convert into 1 whole share ?
Hello Satish, fractional shares will automatically convert into whole shares if you have enough fractional pieces to add up to a whole number. Please reach back out with any additional questions. We are here to help!
Hello.
Is this true for European ETFs as well?
Will fractional portions of an European ETF automatically convert into one whole unit, once they add up?
Thank you in advance.
Thank you for asking. Yes, this is also true for ETFs. We hope this answers your question!
Thanks for getting back to me and clearing that up.
If after investing for some time we reach the point that we accumulate enough to own a whole share or ETF, is that share or ETF than tranferable to another broker or can only be liquidated? Thank you in advance!
Hello, thank you for reaching out. Fractional shares will automatically convert into whole shares if you have enough fractional pieces to add up to a whole number. IBKR does not accept fractional shares through a position transfer. https://www.interactivebrokers.com/faq?id=61921218
However, if it accumulates to a whole share, you should be able to make a position transfer. Please reach back out with any additional questions. We are here to help!
hi. Do you plan to make it accessible via API (e.g. with python code)? Currently it doesn’t seem possible.
Thank you for reaching out. Fractional trading is supported via FIX/CTCI but not via API at this time. Please view this FAQ for more information: https://www.interactivebrokers.com/faq?id=84637087
Please review this FAQ on where you can leave your feedback, and submit any specific suggestion(s) on how we can improve:
https://www.ibkr.com/faq?id=32653353
You can also post in the Feature Poll in Client Portal where other IBKR users can comment and vote:
https://portal.interactivebrokers.com/portal/#/suggestions
What happens to dividends paid out fractional shares, for example if you have 0.5 share of a dividend that pays out 1USD do you also receive 0.5USD
Thank you for asking. Your fractional shares positions are eligible to receive dividends in the same manner as your full positions on the same stocks. The formula is the position quantity multiplied by the dividend rate (ie. 0.85 shares x 0.75 dividend rate = $0.6375). https://www.interactivebrokers.com/faq?id=84609891
Not sure but I believe extra ECN fees may be charged when using fractional shares…something to look out for.
Thank you for reaching out. Please view more information on the fees associated with fractional shares in the FAQ below:
https://www.interactivebrokers.com/faq?id=84637057
Hi, just wanted to ask what happens if I disable fraction share feature:
1. if I have existing fraction shares, will I able to sell the fraction shares?
2. I have recurring investment setup, will these recurring investment be buying whole shares instead of fraction shares?
Thank you for reaching out. If you disable fractional share trading, you will still be able to sell any existing fractional share positions in your account. For any recurring investments that were previously purchasing fractional shares, disabling this feature will result in those investments purchasing whole share quantities going forward. We hope this answers your question!
Can I trade fractional shares using any type of order, especially stop order?
Thank you for reaching out. Yes, stop orders can be used with fractional shares. Please view this FAQ for more information:
https://www.interactivebrokers.com/faq?id=92012440
We hope this helps!
Does Interactive Broker support Fractional Stock purchase of VOO ETF?
Thank you for asking. You can view a list of eligible U.S., Canadian and European stocks and ETFs, where available here: http://www.ibkr.com/download/fracshare_stk.csv
Please review this FAQ for more information: https://www.interactivebrokers.com/faq?id=83257314
We hope this helps!
May I know IBKR will charge how many money on fractional share?
Thank you for asking. Please view this FAQ for information on the fees associated with fractional shares: https://www.interactivebrokers.com/faq?id=84637057
I’m still not sure how this works on technical level. What it means in fact on technical level when I own some fraction of a share? Consider a scenario of buying multiple times fractions of share X, let’s say I’ll buy 0.7 of a share X, then 0.5 share of X and afterwards 0.9 of share X. Then technically I have 2.1 of share X. Does this mean that I own 2 shares as if I would buy them as 2 shares X (fully, not as fractions, and listed as the sole beneficial owner of those two shares) and on top of that I somehow “own” 0.1 of share X, e.g., listed among multiple beneficial owners of some other share? Or is it that I’m listed as beneficial owner on three different shares and for each I own 0.7, 0.5 and 0.9 fractions respectivelly? Thanks for info!
Thank you for reaching out. Fractional shares will automatically convert into whole shares if you have enough fractional pieces to add up to a whole number. Please reach back out with any additional questions. We are here to help!
Does that mean we will also receive the same rights as whole shares if we have enough fractional shares to be converted to whole shares?
Yes, this means you will receive the same rights.
I still quite don’t understand how “strong” my ownership of shares is when trading fractions. Consider following scenario – I’ll buy 0.7, 0.5 and 0.9 of the same share in three different trades. Does it mean that after that I’m beneficiary owner of 2 complete shares + own 0.1 of another share, so my situation would be in effect the same as buying 2 shares in a single trade + 0.1 of the share in another trade? Or in given scenario I’m don’t own any share fully, just 0.7 of one share, 0.5 of another share and 0.9 of the third share? Thanks for explaining!
Thank you for reaching out. In this situation, this would be equivalent to 2 full shares plus an additional .1 of the share. We hope this clarifies things!
It’s all clear now. Thanks!
Hi, I’ve checked your link for the commissions charged on the fractional shares, however it seems to only cover the USD and CAD securities. For European UCITS – ETFs, what are the comissions exactly? Thank you. Berk
Hello, thank you for asking. You can review our Commissions for Fractional European ETFs here: https://www.interactivebrokers.com/en/pricing/commissions-stocks-europe.php?re=europe
We hope this helps!
Hi, in total there 47236 stocks traded on ibkr as of today. How many of them are eligible for fractionary trading?
Hi Alex, thank you for asking. You can view what Products can be traded in fractions on this FAQ: https://www.interactivebrokers.com/faq?id=83257314
We hope this helps!
Do u have a list of all fractionary traded shares. In the list of products, there is no specification whether they are eligible or not
Hello, thank you for asking. You can view what Products can be traded in fractions on this FAQ: https://www.interactivebrokers.com/faq?id=83257314
We hope this helps!
Hi, I had enabled the fractional share permissions in the Stock configurations, but I’m still unable to perform any fracquinal operation. Do you know if there’s a time I have to wait before it gets totally enabled ?
Hello, thank you for reaching out. Please view this FAQ for instructions to request trading permissions for fractional shares: https://www.interactivebrokers.com/faq?id=23299006
Trading permission requests are forwarded for Compliance Officer review. Please allow time for the completion of the due diligence checks and trading permission review. IBKR is trying to review as many trading permission upgrades as possible given the current environment.