Yes, WeBull lets you buy fractional shares of stocks and ETFs

WeBull offers fractional share trading on most stocks and exchange-traded funds (ETFs) through its platform. This means you can own a portion of a share rather than having to buy a full share at its current price. For example, if a stock costs $500 per share, you can buy $50 worth and own 0.1 of that share instead of waiting to save $500.

Fractional shares trade during regular market hours — 9:30 a.m. to 4 p.m. Eastern Time on weekdays when the market is open. You cannot trade fractional shares during extended hours (before 9:30 a.m. or after 4 p.m.), and they do not trade on weekends or market holidays.

Key Takeaways

  • WeBull allows fractional share purchases on most stocks and ETFs with no minimum dollar amount required beyond what you want to invest.
  • You place a fractional share order the same way as a full share order — enter the dollar amount or number of shares you want, and the system calculates the fraction automatically.
  • Fractional shares on WeBull trade only during regular market hours, not before 9:30 a.m. or after 4 p.m. Eastern Time.
  • Some stocks and a small number of ETFs do not support fractional trading on WeBull, so the platform will tell you if a holding cannot be split.

How to place a fractional share order on WeBull

Open the WeBull app or website and search for the stock or ETF you want to buy. Tap or click on the security to open its detail page. You will see a "Trade" button — select it to open the order form.

In the order form, you have two choices: enter a dollar amount (for example, $75) or enter a number of shares (for example, 0.5). If you enter a dollar amount, WeBull calculates how many fractional shares that buys at the current price. If you enter a share count, you can type a decimal (0.25, 0.5, 1.75, and so on). Choose your order type — market order (executes at the next available price) or limit order (executes only at a price you set or better) — and review the order before you submit it.

Once you submit, the order enters the queue during market hours. If you place an order after 4 p.m., it will not execute until the market opens the next trading day at 9:30 a.m. Your fractional shares appear in your account as soon as the order fills.

Which stocks and ETFs support fractional shares

Most stocks listed on major U.S. exchanges support fractional trading on WeBull. This includes stocks in the S&P 500, Nasdaq, and other widely traded companies. Most ETFs also support fractional shares, though a small number do not — WeBull will show you a message if you try to buy a fractional share of an ETF that does not support it.

Some penny stocks (stocks trading below $5 per share) and very thinly traded securities may not support fractional shares. If you search for a stock and the fractional option is not available, the platform will indicate that full shares only are supported for that security.

Costs and account requirements

WeBull does not charge a commission on stock or ETF trades, including fractional share orders. There is no minimum account balance to buy fractional shares — you can start with whatever amount you have available to invest. You do need a funded WeBull account (either a standard brokerage account or a retirement account like an IRA) to place any trade.

If you use a limit order for a fractional share, the order works the same way as a full share limit order: it executes only if the price reaches your limit or better. Market orders for fractional shares execute at the next available market price, which may differ slightly from the price you saw when you placed the order.

Dividend payments on fractional shares

If you own fractional shares of a stock that pays a dividend, you receive a proportional dividend payment. For example, if a stock pays a $1 annual dividend per share and you own 0.5 shares, you receive $0.50. Dividends are deposited into your WeBull account as cash and can be reinvested or withdrawn.

Some stocks offer dividend reinvestment plans (DRIPs) that automatically buy more shares with your dividend payment. WeBull supports DRIP on fractional shares, so your dividend can buy additional fractional shares if you enroll in the program.

Selling fractional shares

You can sell fractional shares on WeBull the same way you sell full shares. Search for the holding in your portfolio, select "Sell," and enter either a dollar amount or the number of fractional shares you want to sell. The order executes during market hours at the market price or your limit price, depending on the order type you choose.

When you sell a fractional share, you may owe capital gains tax on any profit. If you held the fractional share for more than one year before selling, the gain is taxed as a long-term capital gain (usually at a lower rate). If you held it for one year or less, it is taxed as a short-term capital gain (at your ordinary income tax rate). WeBull provides a tax lot report at year-end that shows your cost basis and holding period for each sale.

Restrictions and limitations

Fractional shares cannot be transferred to another brokerage account. If you want to move your holdings to a different broker, you will need to sell your fractional shares first and transfer the cash, or the receiving broker may force a sale on your behalf during the transfer process.

Fractional shares also cannot be used as collateral for margin borrowing on WeBull. If you want to borrow against your holdings, you must hold full shares. Additionally, some corporate actions — such as stock splits or mergers — may affect how fractional shares are handled, and WeBull will notify you if this occurs.

Frequently Asked Questions

Do I pay different fees for fractional shares than full shares?

No. WeBull charges no commission on any stock or ETF trade, whether you buy one full share or 0.001 of a share. The only costs are the bid-ask spread (the difference between the buy and sell price), which applies to all trades.

What happens if I place a fractional share order after market hours?

Your order will not execute until the market opens the next trading day at 9:30 a.m. Eastern Time. It will be filled at the market price at that time, not the price you saw when you placed the order. If you want more control over the price, use a limit order and specify the maximum price you are willing to pay.

Can I buy fractional shares in a retirement account like an IRA?

Yes. WeBull supports fractional share trading in traditional IRAs, Roth IRAs, and other retirement accounts. The same rules apply — no commission, regular market hours only, and no transfer to another broker without selling first.

What if a stock splits after I buy fractional shares?

Your fractional shares adjust automatically. If you own 0.5 shares of a stock that splits 2-for-1, you will own 1 share after the split. WeBull handles the adjustment without any action on your part.