You are now leaving our website and entering a third-party website over which we have no control.
Introducing Partial Shares
We've simplified investing for you. No math required, just pick the stock, input the dollar amount you want to invest and get trading! It's that easy.
How trading partial shares works
Find out what partial shares are all about. Learn how it gives you the control to invest on your own terms with any dollar amount you choose.
Buy or sell a partial share for $1.99
- When you buy or sell a partial stock or ETF that is less than one share, you’re charged a flat fee of $1.99.
- TD Easy Trade customers enjoy 100 free trades every year, which includes both full and partial shares.
Access expensive stocks and ETFs
- Partial shares help you invest in the stocks and ETFs you believe in, and not just the ones you can afford.
- With partial shares, you can invest in top-tier tech or blue-chip companies without committing to the cost of a full share, which means you can participate in premium investments with smaller amounts of money.
- They make investing in high-priced stocks more affordable.
Minimize idle savings
- Put your entire portfolio to work by investing down to the penny. You no longer need to leave cash on the sidelines. If you own partial shares of a stock that pays a dividend, you're eligible to receive payouts based on the entire quantity you own.
- If you've enrolled in Dividend Reinvestment, 100% of the dividend will be reinvested in partial shares eligible stock.
Choose how you want to invest
Need help deciding which service to choose?
Frequently asked questions
You can trade partial shares if you have a TD Direct Investing or TD Easy TradeTM account. No additional action is needed to enable fractional trading. If a stock or ETF is eligible for partial share trading, you will see an icon on the Buy & Sell page. You can enter buy orders using either dollar amount or share quantity.
By Dollar Amount
Enter the dollar amount you want to invest and the calculator will estimate the number of shares you can buy, including fractions up to 5 decimal places.
By Share Quantity
Enter the share quantity (up to 5 decimal places) you want to purchase and the calculator will estimate the dollar amount you'll spend.
Don't have an account yet? You can apply for a TD Direct Investing or TD Easy Trade account online.
Yes, TD Direct Investing has various shares and ETFs for you to choose from and you don't need to buy the whole share or ETF.
Partial shares are available for all account types listed below, including the Canadian dollar or US dollar component of the account.
- Cash account
- Margin account
- Registered Disability Savings Plan (RDSP)
- Registered Education Savings Plan (RESP)
- Retirement Income Fund (RIF) and Spousal RIF
- Retirement Savings Plan (RSP) and Spousal RSP
- Tax-Free Savings Account (TFSA)
- First Home Savings Account (FHSA)
