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Fractional shares trading at LYNX

Your expert
Gyula L.
Fact checked by
Tamás D.
Updated
Jan 2024
Personally tested Personally tested
Data-driven Data-driven
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Can I buy fractional shares at LYNX as of January 2024?

Yes, you can trade fractional shares at LYNX.

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About diversification and fractional shares

If you want to reduce the risk of losing money, it helps if you diversify your stock investments and hold as many different stocks as possible. But there's a problem: many popular stocks can cost $200-300 apiece or even more. If you have, say, only $100 to invest every month, you'll struggle to buy even just one share, let alone a dozen.

Fractional shares are an increasingly popular solution to this problem. What are fractional shares? It means buying just a small fraction of an otherwise pricey stock - often as small as $1. This means that your $100 can actually buy you dozens of shares. These behave just like the 'full' share, rising or falling by the same percentage.

Fractional shares can help you set up a diverse stock portfolio, but you'll still be only halfway to a truly diversified investment portfolio. Be sure to explore other assets besides stocks, such as bonds, commodities or ETFs. Also remember that not all stockbrokers offer fractional shares.

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 LYNX?

Yes, LYNX is a good place to buy fractional shares, because of their low costs.
LYNX main highlights
💰 LYNX stock trading fees class Low
💰 LYNX fractional share trading conditions $1 is the minimum for US stocks, while there is no minimum for EU stocks
📃 LYNX available stock markets 150
💰 LYNX withdrawal fee $0
💰 LYNX minimum deposit $3,240
💰 LYNX inactivity fee Yes
📃 LYNX deposit methods Bank transfer
🗺️ Country of regulation Netherlands, Ireland
🎮 LYNX demo account Yes

Data updated on January 24, 2024

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

Author of this article

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

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.

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