Can I buy fractional shares at BlackBull Markets as of December 2024?
No, fractional shares are not available at BlackBull Markets.
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.
BlackBull Markets is a New Zealand-based forex broker. It is regulated by the top-tier FMA in New Zealand.
74-89% 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 BlackBull Markets?
Fractional shares are not available at BlackBull Markets
💰 BlackBull Markets withdrawal fee | $5 |
💰 BlackBull Markets minimum deposit | $0 |
💰 BlackBull Markets inactivity fee | No |
📃 BlackBull Markets deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, China UnionPay, FasaPay, AIRTM, HexoPay, AMEX, Poli, PaymentAsia, Help2Pay, FXPay, Boleto, Beeteller, AstroPay |
🗺️ Country of regulation | New Zealand, Seychelles |
🎮 BlackBull Markets demo account | Yes |
Data updated on December 11, 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.
Further reading
- Diversifying your investments
- Stock trading at BlackBull Markets: an expert guide and rating
- BlackBull Markets penny stocks trading conditions explained
- ETF trading conditions at BlackBull Markets explained
- Are margin interest rates low at BlackBull Markets?
- BlackBull Markets cash interest rate
- BlackBull Markets Mexican stocks trading availability
- BlackBull Markets Australian stocks trading availability
- BlackBull Markets Canadian stocks trading availability
- BlackBull Markets Japanese stocks trading availability
- BlackBull Markets French stocks trading availability
- BlackBull Markets Italian stocks trading availability
- BlackBull Markets Swiss stocks trading availability
- BlackBull Markets Hong Kong stocks trading availability
- BlackBull Markets Dutch stocks trading availability
- BlackBull Markets Spanish stocks trading availability
- BlackBull Markets Singapore stocks trading availability
- BlackBull Markets Swedish stocks trading availability
- BlackBull Markets Norwegian stocks trading availability
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.