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Fractional shares trading—from $5

Now, you can trade fractional shares in your J.P. Morgan Self-Directed Investing account. Fractional shares are available for S&P 500 and NASDAQ 100 stocks and ETFs in any amount starting with $5, regardless of the share price.


Get commission-free online trades and up to $700 when you open and fund a Self-Directed Investing account with qualifying new money by 07/19/24.

Fractional shares trading from $5

What are fractional shares?

Fractional shares trading lets you buy portions of a stock or ETF for any amount from $5, so you can own a fraction of a company for less than its stock price and build the portfolio you want.


For example, if you invest $100 in a stock priced at $1,000, you’d own 0.1 of a share.

Benefits of fractional shares trading


Fine-tune your investment to the exact amount, and fully invest the cash in your portfolio.


You can use fractional shares to build a diversified portfolio of stocks and ETFs.

Dollar cost averaging

Get more flexibility with fractional shares. Invest the same amount on a regular basis, regardless of the share price.

How to buy fractional shares

Fractional shares are available for market orders at and in the Chase Mobile® app.

Step 1: Toggle between shares and dollars

Use the toggle on the trade ticket to easily switch between investing in shares or dollars on the eligible stock or ETF

Step 2: Set amount

Enter the amount you’d like to buy.

Step 3: Place your order

Review and confirm the details to place your order.

Unlimited commission-free online trades

Get up to $700 cash bonus when you open and fund a J.P. Morgan Self-Directed Investing account (retirement or general) with qualifying new money by 07/19/24. Options contract and other fees may apply.

get up to $700

Frequently asked questions

A fractional share is a piece, or a fraction, of a whole share of a company or exchange-traded fund (ETF). Fractional shares allow investors to own less than a whole share and make purchases based on a dollar amount.


For example, an investor could choose to buy half of a share or as little as $5 worth of a company or ETF.

When purchasing an eligible stock or ETF, you’ll have the option to set a fractional amount up to 5 decimal places or to set a dollar amount above $5 and we’ll calculate the fractional amount for you.

You can purchase fractional shares with a J.P. Morgan Self-Directed Investment account at or in the Chase Mobile® app by choosing an eligible stock or exchange-traded fund (ETF) (PDF).

If the fractional share position you hold pays a dividend, the dividend must be greater than or equal to one half of one cent to be credited to your account, and it will be paid in proportion to your ownership interest.

Yes, there are ETFs eligible for fractional shares trading. See the full list eligible securities (PDF).

Yes, there are ETF index funds eligible for fractional shares trading. See the full list eligible securities (PDF).

Yes, if an investor purchased half of a share in one transaction and half of a share in a second transaction, they would own a total of 1 share.

Fractional share positions cannot be transferred.

Yes, you can sell the fractional shares of eligible securities that you hold.

Fractional share positions may be eligible to participate in mandatory corporate actions such as stock splits, mergers or spin-offs. Fractional share positions may not come with the voting rights that whole shares entitle owners to vote on regarding matters affecting the company that issued the security. These situations are in all cases subject to the terms included in the materials prepared by the issuer describing the corporate action, as well as JPMorgan Chase’s applicable policies and procedures.

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