A fractional share is a piece of one share, such as 0.25 of a share, which lets you invest a set dollar amount in a stock instead of buying whole shares.
A stock trades at $400 a share and you want to invest $100. With whole shares you cannot buy any. With fractional shares you buy $100 worth, which is 0.25 of a share.
If the price rises 10% to $440, your piece is worth $110. If the stock pays a dividend of $2.00 a share, you receive $0.50, a quarter of it.
On JagSim, stocks and funds trade in whole shares only. Coins are different: you can buy a fraction of a coin, such as 0.01 of a coin, at any hour. To practice investing a set dollar amount in a stock, decide the amount first and buy the whole shares it covers; the order ticket shows the estimated cost before you press Buy.
The broker holds whole shares and keeps a record of your part of one. Your piece rises and falls with the share price in proportion.
Yes, in proportion. A quarter of a share receives a quarter of the dividend per share.
Often not. Many brokers can transfer only whole shares and sell the fraction for cash when you move your account.
Not of stocks or funds, which trade in whole shares. Coins trade in fractions of a coin.
Last updated: October 2026
Educational only. Not investment advice. JagSim is a simulator, not a broker.
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