Support for fractional shares

+1 for fractional shares support. Has there been any movement on this subject?

I would also like fractional shares

I also can’t ask for fractional shares enough.

Fractional shares please please please.

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I too want this. Right now I’m looking into trading through the API at Robinhood. But you guys have cheaper margin rates. So I’ll keep doing it at RH until you guys offer fractional trading. I won’t move my money over without fractional trading.

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im still not convinced making 1-10% over a long time (some times a year or more) is better then 50-250% every day in just a few hours i might sound crazy but there’s only one way to day trade and right now that’s buy low sell high. you cant go far in fractions. maybe all of you / or me. are looking in the wrong place look for more “Top Gainers” over the idea of a big stake in apple or the next home depot check out finviz or investing and look for top gainers to start understanding how the market moves and get a feel for day trading.

+1 I need fractional shares before I can use alpaca with my app, that would definitely bring me over.

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+1, currently I’m not running my algo on Robinhood because it supports fractional shares… I will def switch to Alpaca if you guys get fractional

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I see the need for fractional shares purchase as well

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+1 for fractional shares.

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Agreed–not all of us are trying to be algo day-traders–we just want to run our own ETFs with steady earnings given target ratios of stock, and this is much easier with fractional shares.

I want fractional shares as well. What is the ETA on this?

+1, Is this being considered, building my own ETF would be the prime usecase for moving me over.

+1
Support for fractional shares broadens the availability of more of the market to more investors.

Checking in 5 months later. What is the status here? Beginning to lose faith and look for other options. I’d at least like an update from the platform.

It was indicated that you do have this feature planned: “Since Alpaca does not currently support fractional shares (though we are working on adding this feature!),” an update would be nice! Thanks!

https://medium.com/automation-generation/a-farewell-to-swell-diy-socially-responsible-investing-through-alpaca-c0c7a6e7f86b#:~:text=Since%20Alpaca%20does%20not%20currently,of%20your%20desired%20thematic%20exposures.

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Fractional trading is also a must for me!

+1 on this feature. Being able to incrementally purchase stocks on a daily or weekly basis rather than all at once is an incredibly powerful feature for creating good long term investment habits. I currently do all my investing via fractional shares with short time spans. I invest quite a lot and being able to choose exact amounts as well as times is a must for me and allows me to turn much higher profits.

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+1. I’ve been building a product that would serve as an Alpaca tool, but I’m now trying to find another service because of the lack of support for fractional shares.

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Hello, just joined your forum, been looking for a broker that offers fractional trading. Apparently I have to keep looking.

Edit: Actually, just found out Interactive Brokers allows fractional shares. :+1:

I was excited to start using Alpaca but since there is no response on this thread from the company for almost a year, I’m worried. Should I invest all my money in an API with a company that doesn’t respond to legitimate feature requests?