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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.

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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.

Want to learn more about partial shares?

Get more insights on partial shares, also known as a fractional shares — what they are, their benefits and risks, and how to invest in them.

Read article

Choose how you want to invest

  • TD Easy Trade 

    • Invest in: Stocks and TD ETFs
    • Accounts: Cash, RRSP, TFSA, and FHSA
    • 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, 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)
  • Registered Retirement Savings Plan (RRSP)
  • First Home Savings Account (FHSA)

Find more answers in our Help Centre 

Support when you need it

  • Call us

    Monday to Friday, 7 am to 10 pm ET 

    1-877-250-2588 1-877-250-2588

  • Book an appointment

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

    Book now

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