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Introducing Partial Shares

We've simplified investing for you. Now you can invest in the companies you love without buying a full share. Pick the stock, decide how much to invest, and start trading. It's that simple.

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. 

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Discover the power of partial shares

Trading partial shares allows you to:

  • Own a piece of your favourite stocks and ETFs, no matter the share price
  • Invest by the dollar, not the share
  • Get started with as much or as little as you want

A fraction of the share for a fraction of the cost

Buy or sell less than a full share for a flat fee of $1.99 per trade.

Standard rates apply for trades greater than or equal to one share.1

 

Explore partial shares in detail

Get more insights on partial shares, also known as a fractional share — what they are, and how to invest with them. 

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Choose how you want to invest

  • TD Easy TradeTM

    • Invest in: Stocks and TD ETFs
    • Accounts: Cash, RRSP, and TSFA
    • Platform access: App only
    • Pricing: First 50 stock trades each year are commission-free and unlimited for TD ETFs.
    • Required investment: No minimums
    • Currency: Canadian and U.S.
    • Trading platforms: TD Easy TradeTM
    Open an account

  • TD Direct Investing

    • Invest in: Stocks, ETFs, Mutual Funds, Options, Bonds, and GICs
    • Accounts: All offered by TD
    • Platform access: Online or app
    • Pricing: $9.99 per full share trade, $1.99 per partial share
    • Required investment: No minimums
    • Currency: Canadian and U.S.
    • Trading platforms: Multiple
    Open an account

Need help deciding which service to choose?

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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) 

Support when you need it

  • Call us

    Our team of investment representatives are here to assist you. Monday to Friday, 7 am to 10 pm ET.

    1-800-465-5463 1-800-465-5463

  • Book an appointment

    Let's chat, face-to-face at a TD location convenient to you.

    Book now

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