Can I buy fractional shares at FxPro as of September 2024?
No, fractional shares are not available at FxPro.
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FxPro is an international CFD and forex broker, regulated by the UK's FCA, CySEC of Cyprus and the SCB in the Bahamas. It is also licensed by South Africa's FSCA.
74% 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 FxPro?
Fractional shares are not available at FxPro
💰 FxPro withdrawal fee | $0 |
💰 FxPro minimum deposit | $100 |
💰 FxPro inactivity fee | Yes |
📃 FxPro deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
🗺️ Country of regulation | Cyprus, UK, Bahamas, South Africa |
🎮 FxPro 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.
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Further reading
- Diversifying your investments
- Stock trading at FxPro: an expert guide and rating
- FxPro penny stocks trading conditions explained
- ETF trading conditions at FxPro explained
- Are margin interest rates low at FxPro?
- FxPro cash interest rate
- FxPro Mexican stocks trading availability
- FxPro Australian stocks trading availability
- FxPro Canadian stocks trading availability
- FxPro Japanese stocks trading availability
- FxPro French stocks trading availability
- FxPro Italian stocks trading availability
- FxPro Swiss stocks trading availability
- FxPro Hong Kong stocks trading availability
- FxPro Dutch stocks trading availability
- FxPro Spanish stocks trading availability
- FxPro Singapore stocks trading availability
- FxPro Swedish stocks trading availability
- FxPro 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.