Can I buy fractional shares at Royal as of December 2024?
No, fractional shares are not available at Royal.
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.
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
73% 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 Royal?
Fractional shares are not available at Royal
💰 Royal withdrawal fee | $0 |
💰 Royal minimum deposit | $50 |
💰 Royal inactivity fee | No |
📃 Royal deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, fasapay, NganLuong.vn, PM, UnionPay, Asia Banks, Pay Retailers, Interac, Whish Money |
🗺️ Country of regulation | Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu, Nigeria |
🎮 Royal demo account | Yes |
Data updated on December 10, 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
- Royal stock conditions explained
- Stock trading at Royal: an expert guide and rating
- Royal penny stocks trading conditions explained
- Royal bond availability
- ETF trading conditions at Royal explained
- Are margin interest rates low at Royal?
- Royal cash interest rate
- Royal Mexican stocks trading availability
- Royal Australian stocks trading availability
- Royal Canadian stocks trading availability
- Royal Japanese stocks trading availability
- Royal French stocks trading availability
- Royal Italian stocks trading availability
- Royal Swiss stocks trading availability
- Royal Hong Kong stocks trading availability
- Royal Dutch stocks trading availability
- Royal Spanish stocks trading availability
- Royal Singapore stocks trading availability
- Royal Swedish stocks trading availability
- Royal 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.