Admirals adds fractional shares to offering
Online trading company Admirals has added fractional shares to its offering.
These type of investment allows traders to choose how much, or how little, of each share they would like to buy. With fractional shares, traders can invest in their favourite stocks at just a fraction of the price of the share.
The stocks available are the constituent members of leading indices such as:
- S&P500
- NASDAQ
- Dow Jones
- DAX40
- FTSE100
- CAC40
- IBEX35
Investing in fractional shares gives traders the benefits of purchasing whole shares, in proportion to the share size purchased. They will still earn dividends on dividend-paying stocks, in proportion to the fraction purchased, and mandatory corporate actions such as a stock split will not impact their portfolio value any differently than it would traditional shares.
There is no minimum order value one needs to invest in fractional shares, and traders can get started with their existing Invest.MT5 account, no special account needed. It is even available on the Admirals App.
Admirals encourages traders to refer to the Contract Specifications and Documents and Policies to familiarize themselves with the instruments offered on Invest.MT5 account type and get further details relevant to Fractional Shares trading.