How To Sell Fractional Shares On Etrade. For example, if xyz stock trades for $1000, you could place an order for a fractional share such as.5 shares or for a dollar amount such as $500. To sell a fractional share at e*trade, you must use a day order.
Buying fractional shares on etrade. Additionally, orders with fractional quantities must be entered as market or limit order and must be ordered as a market order if the quantity is less then one share. Under ibkr lite, there are no commissions for trades.