Similar to Sharesies, Hatch, Hello Stake, and some other brokers, Rockfort Markets offers Fractional shares.
For dividend stocks, you would want full shares, but there's nothing wrong with buying fractions of expensive stocks like Amazon if you can't afford full shares price.
You should definitely be diversified especially in such a volatile market.
It is an easy way to build a well-diversified portfolio, especially if you don't have a lot of money to invest.
If one share costs $10, you can buy 10% of this share by investing just $1.
Rockfort Markets offer fractional shares in U.S. stocks listed on NYSE, AMEX, NASDAQ, ARCA, or BATS, as well as OTC Pink U.S. penny stocks with average daily volume above $10 million and market cap above $400 million are available for fractional shares trading. Non-U.S. stocks are not available for fractional shares trading at this time. A list of stocks that can be traded in fractional shares is available via….
Pick any available US stock and decide how much you want to invest - it's that easy. If the dollar amount doesn't result in a whole number of shares, we'll buy or sell fractional shares.
With fractional shares, you can divide your investments among more stocks to achieve a more diversified portfolio, and put small cash balances to work quickly to maximize your returns!