RoboMarkets Introduces Fractional Shares Trading - BrokersView

RoboMarkets Introduces Fractional Shares Trading

Nov 25, 2021
Fazzaco

Hottest

Darwinex Suspends Trading on TRY Pairs
Capital.com, IG Group and Other 5 Companies are Hiring Now
FCA Issues Warning Against Clone Firm of HYCM
AMF Netherlands Warns Against Unlicensed Platform Grinta Invest
IC Markets Becomes Latest Approved Member of Financial Commission

181cdb7de2a15d78f623bc5d348187b.jpeg

RoboMarkets, an online forex broker, has added fractional shares trading on its proprietary trading platform, R StocksTrader.

Via the new service, clients will be able to acquire "slices" of stocks that represent a partial share, which cost less than full shares and that's an excellent opportunity to invest in securities with less money. Further, fractional shares enable clients to diversify their investment portfolios by acquiring fractional shares of a wider range of companies.

In addition, the broker also added more than 500 new assets on its platform, along with support for 8 additional languages and improved mobile application.

Apart from new assets R StocksTrader offers over 12,000 trading instruments for investing, including more than 3,000 real stocks, such as Amazon, Apple, Facebook, and Tesla.

"We're always striving to provide quality services and add new instruments and update the platform functionality. Due to this, the commission for trading Stocks and CFDs on stocks has been pushed to competitive levels,"the company stated.

Appetite for trading fractional shares has been on the rise for traders seeking out more control over their exposure in the markets. Earlier this month, Swissquote-backed app Yuh has also launched fractional trading.