Fractional shares are pieces, or fractions, of whole shares of a company or ETF.
For example, if you want to invest US$100 into a stock that is trading at US$500, using fractional shares you can.
You are able to place a Market Order to buy US$100 worth of shares in that company, which is a ‘fraction’ or 0.2 of a whole share.
Fractional shares are not transferable to other brokerage accounts. Not all U.S. Securities through Superhero are eligible for fractional share orders.