Fractional Shares Order

Fractional shares allow IBKR clients to build their portfolio components based on dollar amount, not shares. IBKR clients can pick any eligible US, Canadian or European stock (or ETF, where available) and decide how much they want to invest - it's that easy. If the purchase price doesn't result in a whole number of shares, IBKR will buy or sell fractional shares.

To specify a dollar amount for an order, use the size wand in the Quantity field to toggle from "shares" to currency.

Fractional shares allow IBKR clients to divide their investments among more stocks to achieve a more diversified portfolio and put small cash balances to work quickly to maximize potential returns.

Pick Your
Stock		 Pick Your
$ Amount		 Share Price1 Number of Shares
NFLX $25 $344.76 0.0725
TSLA $25 $172.08 0.1453
GOOG $25 $116.90 0.2139
AMZN $25 $112.18 0.2229
$100 Stock Portfolio

Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.
[1] Share prices as of June 16, 2023.



Notes:

The Reference Table to the upper right provides a general summary of the order type characteristics. The checked features are applicable in some combination, but do not necessarily work in conjunction with all other checked features. For example, if Options and Stocks, US and Non-US, and Smart and Directed are all checked, it does not follow that all US and Non-US Smart and direct-routed stocks support the order type. It may be the case that only Smart-routed US Stocks, direct-routed Non-US stocks and Smart-routed US Options are supported.


Products Availability Routing TWS
Stocks US Products Smart Attribute
Non-US Products Directed Order Type
Time in Force

Fractional Shares


For more videos, see IBKR Campus - Introduction to TWS Order Types

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport