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How to Buy Fractional Shares on Webull

Review Updated
Chris Neiger
Ashley Maready
Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation.

If you're just starting to invest, knowing how to buy portions of stocks using fractional investing can seem complicated, but it's actually very easy.

Many online brokerages offer fractional investing, and one popular option is the Webull trading platform. Thankfully, you can set up an account and start buying fractional shares on the platform without much hassle. Here's how to do it.

Webull
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Bottom Line

As a mobile-focused brokerage, Webull provides better functionality than its competitors, along with offering some cash and stock bonuses.

Fees:

$0 per trade

Account Minimum:

$0

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What you'll need to open a Webull account:

You'll need to give Webull some personal information to open your account, including:

  • Your Social Security number.
  • Your employer's name and address, if applicable.
  • One form of photo identification (driver's license, passport, permanent resident card, etc.).
  • Your bank account information so you can fund the account.

Webull doesn't charge fees to open the account and has no minimum deposit amount. You can begin buying fractional shares with just $5.

Step 1: Choose which Webull account you want

Before you get started with your Webull account, you'll need to know which type of account you want to open. Webull gives you four options; here's what they mean:

  • Individual account: This is a standard brokerage account, which allows you to buy and sell various investments. Unlike an individual retirement account (IRA) or Roth IRA, regular brokerage accounts don't have tax advantages. This means you'll owe capital gains tax on any securities you sell for a profit.
  • Traditional IRA: A traditional IRA is a tax-advantaged account that allows your investments to grow tax-deferred. Contributing to these accounts can help lower your taxable income, but you'll need to pay taxes on your withdrawals in retirement.
  • Roth IRA: A Roth IRA is funded with after-tax dollars, so you can't lower your taxable income with this account. However, the big benefit of a Roth IRA is that your investments grow tax free, and qualifying retirement withdrawals won't be taxed.
  • Rollover IRA: A rollover IRA is when you move funds from one eligible retirement account to another, like from a 401(k) to an IRA. If you're moving your 401(k) account from a former employer to an IRA, you may want to choose this option.

Step 2: Enter your personal information

Download the Webull app or go to the company's website and enter your phone number. You can also sign up for an account using your Google or Facebook profile.

Choose any of these options and then select "Open an account." You'll be asked to enter your email address, and then Webull will send you a verification code to set up the account with a password.

You'll then need to enter some personal information, including uploading photo identification, your address, employer's information (if applicable), and Social Security number.

Step 3: Answer investment questions

You'll be asked a series of investing-related questions, including whether you're associated with a broker-dealer, if you're a member of a stock exchange, and whether you or a family member is a director or a 10% shareholder of a publicly traded company. It's likely that you'll answer "no" to these questions.

You'll also be asked about your annual income, total net worth, and approximate liquid net worth. Liquid net worth is your total cash and cash equivalents after you deduct your liabilities. You'll be given drop-down ranges to choose from.

Then, you'll answer a few questions about your investing goals, timeline, and experience. These questions are just to help Webull build your investment profile.

Step 4: Set up your Webull account

Webull offers the option of a cash account or a margin account. With a cash account, you make investments using the cash you deposit. Your buying power is limited to the dollar amount in the account.

With a margin account, you can leverage your funds and securities to borrow money to buy additional securities. Webull's margin account requires a minimum deposit of $2,000. It's worth noting that buying on margin is risky, and new investors (and many seasoned ones) should avoid it.

Once you've set all this up, you'll move on to the next page to review the legal information and sign your name to open the account.

Once you've set up the account, you're ready to fund it. To do this, select the "make your first deposit" button and enter your bank account information and the amount you want to deposit.

Step 5: Buy fractional shares on Webull

Now you're ready to buy fractional shares on Webull! Here are steps for finding and buying fractional shares on the platform.

1. Search for the stock you want to buy

Search for the stock or exchange-traded fund (ETF) that you want to buy in the Webull app. A green diamond will be next to the stocks and ETFs available for fractional share investing.

2. Click the "trade" button

Once you've found your stock with the green diamond next to it, click the "trade" button and switch the order type from "limit" to "market." This means that your fractional share purchase will occur during market trading hours, which is currently the only way Webull offers buying fractional shares.

3. Change the amount from shares to dollars

Beneath the "order type" you'll see the "amount in" option. Click this and change "share" to "USD" to buy a specific dollar amount of the stock. Then, enter the amount of money you want to invest. There is a minimum $5 investment amount for buying fractional shares.

4. Buy the stock

Double-check all the information to ensure it's correct, then select "buy." It's worth mentioning that once you've placed the order, you can't modify it. Congratulations, you've bought fractional shares on Webull!

Opening a Webull account and buying fractional shares is easy, but making investment decisions is a little more complicated. That's why we've created an investment guide to help you understand the basics of investing. You can use the guide to help assess your risk tolerance and learn about the differences between passive and active investing.

Alternatives to Consider

We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2025.

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FAQs

  • Fractional shares allow you to buy a portion of a stock, if you don't have enough money to buy the full share. For example, if a company's stock price is $100 and you only have $20 to invest, you can buy one-fifth of a share of that company's stock. Fractional shares are great for investors who don't have a lot of money to invest, but still want a diversified portfolio.

  • Selling full shares of a stock is easier than selling fractional shares. To close your position for fractional shares on Webull, there is a minimum of 0.00001 shares per order. Webull also says the rule of a $5 minimum doesn't work for closing fractional share positions. Fractional shares may take longer to sell if there isn't demand for the smaller fractional share amount.

  • Webull doesn't charge you any fees to open an account. You can start buying fractional shares with as little as $5.