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Fractional Trading At Syfe: How To Buy US Stocks From As Little As $1
By Syfe  •  December 16, 2021
After months of research, you’ve added Amazon (AMZN:NASDAQ) to your watchlist as you’re bullish about its e-commerce and cloud prospects. Before you hit the buy button, you realise the price of one Amazon share is now around US$3,400 (S$4,652). Not quite ready to commit almost an entire month’s salary on a single stock? You can still invest by buying a slice of one share instead – a move known as fractional trading. (Join the waitlist for Syfe Trade to enjoy fractional trading when we launch!) What is fractional trading? Most brokers mandate that you purchase shares in whole numbers only. For instance, if Amazon has a stock price of US$3,400, you must invest in increments of US$3,400 to buy more whole shares. So if you only have US$4,000 available, you’re limited to buying just one share. Fractional trading however, allows you to buy fractions of a share, starting from just US$1....
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By Syfe
Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia ...
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