Axi fractional shares trading conditions explained

Updated

Personally tested

Data-driven

Independent

Can I buy fractional shares at Axi as of September 2024?

No, fractional shares are not available at Axi.

Check out our best brokers for micro investing list.

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC.

Axi

4.4/5

Minimum deposit

FX fee

Low

Index CFD fee

Average

Withdrawal fee

Account opening

1-3 days

Visit Axi

76.3% of retail CFD accounts lose money

About diversification and fractional shares

You have probably heard the advice that it's a good idea to diversify your stock investments if you want to lower risk. Sounds easy, until you actually go on a trading platform and see the price stickers. How are you supposed to load up on a dozen different stocks when they each cost $200-300 but you have only $100 to invest?

Here's where fractional shares come in. Brokers where you can trade fractional shares allow you to buy just a tiny fraction of an otherwise expensive stock - sometimes as small as $1. So for your $100, you can in fact buy dozens of shares. The price of these fractional shares moves up or down just as that of the 'full' share.

Remember that fractional shares are a great way to diversify your stock portfolio, but they're only a possible first step to a fully diversified portfolio. For that, you'll need to also look at other asset types, such as bonds, commodities or ETFs. Keep in mind also that not all stockbrokers offer fractional shares yet.

To learn more, read our comprehensive guide to portfolio diversification, including pros, cons and the most popular strategies.

Is it worth buying fractional shares at Axi?

Fractional shares are not available at Axi

Axi main highlights
💰 Axi withdrawal fee	$0
💰 Axi minimum deposit	$0
💰 Axi inactivity fee	Yes
📃 Axi deposit methods	Bank transfer, Credit/debit cards, Neteller, Skrill, Sofort, GiroPay, iDeal, Polish Internet Banking, Global Collect, China Union Pay
🗺️ Country of regulation	UK, Australia, Dubai, St. Vincent and the Grenadines
🎮 Axi demo account	Yes

Data updated on September 19, 2024

To learn more, read our comprehensive guide to portfolio diversification, including pros, cons and the most popular strategies.

FAQ

Are fractional shares a good investment?

Individual shares are considered to be risky investments. However with a diversified portfolio you can reduce your risk. With fractional shares it is easier to build a diversified portfolio.

Are fractional shares good for beginners?

Fractional shares are great for beginners, since you can invest only a fraction of the money you would have to invest in a full share.

How does diversification protect investors?

The more assets you have in your portfolio, the less you will be affected overall by a drop in the price of a single asset. It is also a good idea to select assets from different sectors or industries; so that if there is a crisis in sector 'A' that would negatively impact all stocks in that industry, stocks in sector 'B' will still be unaffected.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?

Engage with our growing community of traders and investors like you to find your answers.

Join now

Fractional shares trading at Axi