There's been a steady rise in new apps to help you invest your savings and many are now offering the ability to buy fractions of stocks and ETFs. In this article, we'll look at what fractional shares are, how they work and provide you with some options to invest in them.

What are fractional shares?

A fractional share is a portion of a share that is less than one full share. Fractional shares allow you to buy shares based on the exact amount you want to invest, so you may end up with part of a share, a whole share or more than one share.

Fractional shares are particularly useful when investing in high-priced stocks or ETFs, making them more accessible to investors. For example, if a stock trades at €500 per share, you can buy a fraction of it, such as €50 worth, instead of having to purchase a whole share. This makes it ideal when investing fixed amounts at regular intervals (for example monthly), which helps in building long-term wealth over time with less initial capital.

Another advantage of fractional shares is that all your money is put to work. You're not left with cash on your broker account that's not invested.

How do fractional shares work?

With fractional shares, the broker buys the entire share and then cuts it into smaller pieces. For example, the broker buys a share of an expensive stock, such as Warren Buffet's Berkshire Hathaway which is valued at the time of writing at $551,800. You can then buy a piece of that share, which the broker holds for you.

With fractional shares, you receive dividends proportionally. For instance, if you own half a share and the stock pays a €2 dividend per share, you would receive a €1 dividend. However, fractional shares typically do not offer voting rights in the company, which are usually reserved for owners of whole shares. In the case of corporate actions like stock splits, dividends, and mergers, the handling of fractional shares can vary by broker, with some opting to pay out the fraction's value in cash or adjust the fractional share accordingly.

Pros and cons of fractional shares

✅ Pros of fractional shares ❌ Cons of fractional shares
Invest lower amounts by buying slices of stocks and ETFs Can't transfer them from one broker to another
Well suited for monthly investing No voting rights
Helps you diversify your investments

Which brokers offer fractional shares?

The popular US brokerage app Robinhood were one of the first to offer fractional shares and helped popularise the movement. In Europe, some of the more recent broker apps allow fractional shares, such as BUX, MEXEM, Interactive Brokers, Trading 212 and Trade Republic.

If you're a Belgian investor 🇧🇪, the bad news is that most Belgian brokers do not offer fractional shares (for example Bolero, Saxo Bank, Keytrade or MeDirect). But the workaround is to open an account with one of the European brokers that have fractional shares.

Broker Fractional shares
Belfius Re=Bel 🔴 No
Bolero 🔴 No
BUX 🟢 Yes
Easybroker 🟢 Yes
eToro 🟢 Yes
Keytrade Bank 🔴 No
ING Self Invest 🔴 No
Interactive Brokers 🟢 Yes
LYNX 🟢 Yes
MeDirect 🔴 No
Re=Bel 🟢 Yes
Saxo Bank 🔴 No
Trade Republic 🟢 Yes
Trading 212 🟢 Yes

All your money is invested through Curvo

We created our app Curvo in order to facilitate monthly investing. Through the app, you can set up a monthly savings plan where your selected amount is automatically debited from your bank account and invested in your portfolio at the start of each month. This way, it's easy to adopt the best saving habits. These investments support fractional shares, meaning all your money is invested and no cash is left on the side. This makes Curvo ideal for monthly investing. You can put your money to work from €50.

Invest from €50 using Curvo's app

Learn more on the benefits of investing through Curvo.


The rise of new investment apps offering fractional shares is paving the way consumers approach investing, particularly in high-priced stocks and ETFs. Fractional shares break down financial barriers, enabling more investors to diversify their portfolios and engage in euro-cost averaging strategies with smaller capital. While Belgian investors might face limitations with local brokers, European apps provide valuable alternatives. We built Curvo to further simplify this process, automating monthly investments and ensuring that every € of your savings is effectively put to work.