Fractional shares let you invest a set dollar amount in a stock regardless of its share price. Instead of needing thousands of dollars to buy one share of a high-priced stock, you can invest a smaller amount and own part of a share. In Ezana’s mock portfolio, every order works this way.
How it works
When you enter a dollar amount, Ezana divides it by the current price to work out how many shares you get. If the amount is not an exact multiple of the price, you end up with a fraction. The position’s value then moves in step with the full share price.
Step-by-step
- Open Trading → Mock Portfolio.
- Search for the stock in Place Order and select it.
- Choose Buy and enter an Amount (USD), for example $25.
- Check Est. shares in the order summary to see the fraction you will receive.
- Submit. The position appears in Open Positions with its fractional quantity.
What you’ll see
Your holding shows a fractional share count, and its value tracks the stock’s price proportionally. Your Dashboard and Total Profits card include fractional positions like any other.
Things to know
- Fractional trading in Ezana brokerage (Alpaca) accounts is not currently available in the app, because order entry for those accounts has not launched yet.
- At real brokerages, not every stock supports fractional orders, and dividends on fractions are usually paid proportionally. Check your broker’s rules.
- Trading through a connected external brokerage is not currently available in the app either. See Executing Trades From Ezana.
Troubleshooting
- Share count looks tiny? That is expected for small amounts on high-priced stocks.
- Can’t submit? The minimum mock order is $1, and you need enough virtual cash.
- No price shown? The quote did not load; try again in a moment.
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FAQ
Q: Can I sell a fraction?
A: Yes. In the mock portfolio you sell by dollar amount, which can leave or remove a fractional position.
Q: Do ETFs work the same way?
A: In mock trading, yes: enter a dollar amount and Ezana calculates the shares.