There's no way I can afford a whole shares on Robinhood right now. How do I make fractional share purchases?

Robinhood's fractional shares allow investors to trade in pieces of shares, allowing them to invest in stocks and ETFs without having to purchase a full share. Trades are real-time and commission-free, with shares starting as low as 1/1000000 of a share.

Fractional share orders are typically processed on a Not Held basis, ensuring the best possible execution while preserving ownership or holding structure. Most stocks worth more than $1 per share and with a market capitalization greater than $25,000,000 are eligible for fractional share orders, subject to certain restrictions.

Shareholder rights, such as voting and dividends, apply to fractional shares. However, before investing, investors should carefully consider the associated conditions, restrictions, and risks.

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