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Fractional shares trading at HYCM

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
2d ago
Personally tested
Data-driven
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Can I buy fractional shares at HYCM as of December 2024?

No, fractional shares are not available at HYCM.

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HYCM is a global forex and CFD broker regulated by many financial authorities globally, including the top-tier FCA.

Overall score
4.1/5
Minimum deposit
$20
FX fee
Low
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1 day
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73-76% of retail CFD accounts lose money

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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 HYCM?

Fractional shares are not available at HYCM
HYCM main highlights
💰 HYCM withdrawal fee $0
💰 HYCM minimum deposit $20
💰 HYCM inactivity fee Yes
📃 HYCM deposit methods Bank transfer, Credit/debit cards, Skrill, Neteller, PM, AstroPay, WebMoney, PayTrust, fasapay, ZOTAPAY, Lipi
🗺️ Country of regulation UK, Dubai, Cayman Islands, Saint Vincent and the Grenadines
🎮 HYCM 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.

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Further reading

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.

author
Krisztián Gátonyi
Author of this article
I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.
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