r/lists • Posted by David Chen💰 Finance
Leading Micro-Investing Apps for Building Portfolios with Fractional Shares
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| # | Title | Min. Initial Investment | Monthly/Annual Fee | Fractional Shares | Account Types | Actions |
|---|---|---|---|---|---|---|
| 1 | Acorns | $5 to start investing (Round-ups invest at $5) | $3, $6, or $12/month | ETFs (expert-built portfolios) | Invest, Later (Retirement), Early (Kids), Checking | |
| 2 | Robinhood | $1 for fractional orders, $0 account minimum | $0 commission for stocks/ETFs | 5,000+ stocks and ETFs (eligible stocks >$1, market cap >$25M) | Individual Brokerage | |
| 3 | Fidelity | $1 for fractional shares, $0 account minimum | $0 commissions for online US stocks/ETFs, no account fees | 7,000+ US stocks and ETFs | Brokerage, IRAs, Youth Account, HSAs, BrokerageLink | |
| 4 | Charles Schwab | $1 for fractional shares, $0 account minimum | $0 commissions for online trades, no fees for fractional shares | Most U.S.-listed stocks and ETFs | Brokerage, Teen Investor, IRAs | |
| 5 | M1 Finance | $100 (brokerage), $500 (retirement) | $3/month (waived for $10,000+ assets or active loan), $0 commissions | Thousands of US-listed stocks and ETFs | Individual/Joint Brokerage, Trust, Custodial, Traditional/Roth/SEP IRA, Crypto | |
| 6 | Webull | $1 for fractional shares, $0 account minimum | $0 commissions for US stocks/ETFs, no account management/inactivity fees | Thousands of US stocks and ETFs (approved list) | Individual (Cash/Margin), IRAs, Joint, Custodial, Crypto | |
| 7 | SoFi Invest | $5 for fractional shares, $0 account minimum (self-directed) | $0 commissions for stocks/ETFs, $0 account maintenance (self-directed) | 4,000+ stocks and ETFs | Self-Directed (Taxable, Roth/Traditional/SEP IRAs), Robo-Advisor | |
| 8 | Public | $5 for fractional trading, $20 minimum deposit | $0 commission for stocks/ETFs (Premium $8/month optional) | Stocks, ETFs, Crypto, Alternative Assets | Individual Brokerage | |
| 9 | Stash | $0 to buy investments, can start with $5 | $3 or $9/month | Selected stocks and ETFs (around 4,000) | Personal Portfolio, Retirement, Custodial, Banking | |
| 10 | Interactive Brokers (IBKR Lite) | $1 for eligible stocks/ETFs, $0 account minimum | $0 commissions on US stocks/ETFs, no inactivity fees | 10,500+ US stocks & ETFs | US Retail Investors (Lite) |
Min. Initial Investment$5 to start investing (Round-ups invest at $5)
Monthly/Annual Fee$3, $6, or $12/month
Fractional SharesETFs (expert-built portfolios)
Account TypesInvest, Later (Retirement), Early (Kids), Checking
Min. Initial Investment$1 for fractional orders, $0 account minimum
Monthly/Annual Fee$0 commission for stocks/ETFs
Fractional Shares5,000+ stocks and ETFs (eligible stocks >$1, market cap >$25M)
Account TypesIndividual Brokerage
Min. Initial Investment$1 for fractional shares, $0 account minimum
Monthly/Annual Fee$0 commissions for online US stocks/ETFs, no account fees
Fractional Shares7,000+ US stocks and ETFs
Account TypesBrokerage, IRAs, Youth Account, HSAs, BrokerageLink
Min. Initial Investment$1 for fractional shares, $0 account minimum
Monthly/Annual Fee$0 commissions for online trades, no fees for fractional shares
Fractional SharesMost U.S.-listed stocks and ETFs
Account TypesBrokerage, Teen Investor, IRAs
Min. Initial Investment$100 (brokerage), $500 (retirement)
Monthly/Annual Fee$3/month (waived for $10,000+ assets or active loan), $0 commissions
Fractional SharesThousands of US-listed stocks and ETFs
Account TypesIndividual/Joint Brokerage, Trust, Custodial, Traditional/Roth/SEP IRA, Crypto
Min. Initial Investment$1 for fractional shares, $0 account minimum
Monthly/Annual Fee$0 commissions for US stocks/ETFs, no account management/inactivity fees
Fractional SharesThousands of US stocks and ETFs (approved list)
Account TypesIndividual (Cash/Margin), IRAs, Joint, Custodial, Crypto
Min. Initial Investment$5 for fractional shares, $0 account minimum (self-directed)
Monthly/Annual Fee$0 commissions for stocks/ETFs, $0 account maintenance (self-directed)
Fractional Shares4,000+ stocks and ETFs
Account TypesSelf-Directed (Taxable, Roth/Traditional/SEP IRAs), Robo-Advisor
Min. Initial Investment$5 for fractional trading, $20 minimum deposit
Monthly/Annual Fee$0 commission for stocks/ETFs (Premium $8/month optional)
Fractional SharesStocks, ETFs, Crypto, Alternative Assets
Account TypesIndividual Brokerage
Min. Initial Investment$0 to buy investments, can start with $5
Monthly/Annual Fee$3 or $9/month
Fractional SharesSelected stocks and ETFs (around 4,000)
Account TypesPersonal Portfolio, Retirement, Custodial, Banking
Min. Initial Investment$1 for eligible stocks/ETFs, $0 account minimum
Monthly/Annual Fee$0 commissions on US stocks/ETFs, no inactivity fees
Fractional Shares10,500+ US stocks & ETFs
Account TypesUS Retail Investors (Lite)
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