Little money, big investments: Buy US fractional shares of large companies from just US$5
Hi, mooers,
We are thrilled to announce that our highly anticipated US fractional shares trading feature is live!
The Dow Jones Index has surpassed 40,000 points, with key constituent Apple having risen over 11% this month. The highly anticipated Nvidia is set to release its earnings after the U.S. market closed on the 22nd, with the potential for its stock price to exceed previous peaks.
Don't want to miss out on the tech sector's momentum? Looking to invest in these star companies with less money? US fractional shares are your best choice!
Let's delve into how this feature can revolutionize your investment journey.
What are fractional shares trading?
Trading in fractional shares enables investors to place stock orders in the US market for less than one whole share of a company, such as buying 0.1 or 0.2 shares. This innovative feature offers cost advantages and greater flexibility, as investors can buy or sell specific dollar amounts or percentages of stock in decimals. Even investors with limited funds can now access the stock market, as the transaction threshold has been substantially lowered.
How can I benefit from fractional shares trading?
1. Start small with big companies: Invest small amounts of money regularly to build up a whole share!
For example, as of January 30, 2024, the closing price for NVDA was US$627.74 per share. If you only had US$100 on that day, you could use it to purchase 0.16 shares of NVDA stock.
2. Build a diversified portfolio: Explore opportunities to diversify into different companies at the price that fits your budget!
For instance, you can divide US$100 into four equal parts to purchase fractional shares, acquiring 0.13 shares of AAPL, 0.15 shares of AMZN, 0.06 shares of MSFT, and 0.13 shares of TSLA, thereby creating your investment portfolio. (This is based on the closing prices as of January 30, 2024, with AAPL at US$188.04, AMZN at US$159.00, MSFT at US$408.59, and TSLA at US$191.59.)
Don't know how to get started?
Update your moomoo app to the latest version, check out the video below for a detailed case study that will guide you through the process:
There are a few things to note when trading fractional shares:
1. Fractional trading hours are 9:30 am to 4:00 pm ET, or 9:30 am to 1:00 pm ET for half-day trading.
2. The minimum buy order size for fractional trading is 0.0001 shares or US$5. Sell orders must be at least US$0.01. Orders that do not meet the minimum order amount will be rejected.
3. Only day orders are supported, and attached orders or short selling are not allowed.
So, what are you waiting for? Update your moomoo app to the latest version and start your investment
journey!
Share your experiences below and we will choose 3 users to win 100 points each!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Sixav : Thanks
looking forward but still prefer save money and buy a whole lot as the tax and cost to purchase is huge every transaction for factional share.
zhisheng : Thank you so that those of us who don't make a lot of money can participate
Rodney Chua : Great that am able to buy fractional of good potential stock with small amount of money! Cheers!
cola1010 : A great feature!
Fractional shares trading allows me to buy a portion of a share, making it easier to invest in high-valued companies with small amounts of money. It helps me to build a diversified portfolio for different companies even with limited funds, reducing risk and potentially increasing returns.
小姨偷内裤 : Buying is not enough to pay back the water
103510891 : How’s the fees calculated?
104581803 : I've been waiting a long time
彤的户口 : good
103782627 MAK : The cost should be very uneconomical
105094797 : I can finally own the shares of the world's top 100 companies. I'm so happy and so wonderful
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