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Introducing Partial Shares
We've made investing easier for you – you could own your favourite stocks for less than you spend on a cup of coffee. Just pick the stock, decide how much to invest, and start trading. It's that simple.
How partial shares trading works
Watch this video to learn how partial shares can help make expensive stocks and TD exchange traded funds (TD ETFs) more accessible.
Why trade partial shares?
Buying stocks by the dollar not the share price allows you to make every dollar count:
- Flexibility to invest the dollar amount you want
- Access to higher-priced stocks and TD ETFs
- Maximize your investing budget
A fraction of the share for a fraction of the cost
When trading (buying or selling) one or more shares, the commission fee is $9.99.
Any time you trade a partial share (less than one share), you pay a $1.99 commission fee.
With TD Easy TradeTM, we'll give you your first 50 trades for free, whether partial or full.
Choose how you want to invest
Need help deciding which service to choose?
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, all partial share stock trades on TD Easy TradeTM will count towards the 50 free trades. TD ETFs are also eligible for partial share trading and are always commission-free.
After the first 50 stock trades, the following commissions will apply:
$1.99 for trades with less than a full share (e.g., 0.5 shares)$9.99 for trades with greater than 1
Partial shares are available for all account types listed below.
- Cash account
- Tax-Free Savings Account (TFSA)
Retirement Savings Plan (RSP)