Schwab Stock Slices™

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Now you can own fractional shares of any of America's leading companies in the S&P 500® for as little as $5, even if their shares cost more.

Buy a single slice for as little as $5.

$Let's say Apple's stock is selling for $150. Since you're buying a dollar amount instead of a number of shares, you can buy a fractional share for as little as $5.$
Or buy multiple slices at a time.

$You can get fractional shares in multiple different companies for a total price of $50, instead of a total price of $9,373$

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Share prices will vary based on market conditions. Share % is of one share truncated to one decimal point.

Take the next step.

Open a Brokerage Account

Why buy a stock slice? Glad you asked.

Let's say you want to invest in a company, but its stock price may be higher than what you want to pay. Instead of buying a whole share of stock, you can buy a fractional share, which is a "slice" of stock that represents a partial share, for as little as $5. For example, if a company's stock is selling at $1,000 a share and you were buying $200 worth of it, you would own 0.2 (20%) of a share. With stock slices, investing has never been more accessible.

A simple, low-cost way to invest in any S&P 500 stock.

Anytime you buy fractional shares through Schwab Stock Slices, you can buy a single slice or up to 30 slices for as little as $5 per slice. And of course, you can trade stock slices commission-free online, just as you would regular stocks at Schwab.¹ See a list of companies in the S&P 500 Index.

Affordable

Get started with as little as $5.

See all our prices and rates.
Accessible

Any S&P 500 stock is now within reach. See a list of companies in the S&P 500 Index.
Customizable

Have the freedom to choose up to 30 stocks each time.

It's easy to get started.

Step

Open an Account

If you already have a Schwab brokerage account, you can buy stock slices now. If you don't have a brokerage account, you'll need to open one.
Step

Fund Your Account

Once you open your account, it may take a few days for it to be approved and funded. We will notify you once your funds are available.
Step

Buy Your Fractional Shares

After your account has been funded, log in and go to Schwab Stock Slices to get started.

Give the gift of ownership.

Find out how you can buy someone you care about stock slices in a custodial account. It’s a great way to give the gift of ownership to minors.

Learn More

You have questions. We have answers.

What is Schwab Stock Slices?: Schwab Stock Slices is an easy way to buy fractional shares for a set dollar amount. You have the option to buy shares in up to 30 top U.S. companies in a single transaction. The stocks you purchase through Schwab Stock Slices will be individual stocks in your account that you can hold and sell independently.
What's a fractional share?: A fractional share is when you own less than one whole share of a company. Fractional shares allow you to purchase stocks based on the dollar amount you want to invest, so you may end up with a fraction of a share, a whole share, or more than one share.
Do fractional shares pay dividends?: Yes, proportionate to the percentage of the share you own.
Which stocks are available for purchase through Schwab Stock Slices?: The stocks available for purchase through Schwab Stock Slices are those in the S&P 500 Index (S&P 500), which includes the 500 leading large-cap U.S. publicly traded companies. The S&P 500 is often used as a benchmark or indicator of how large-cap U.S. equities are performing. See a list of companies in the S&P 500 Index.
Is there a minimum or limit on how much I can invest through Schwab Stock Slices?: Yes, the minimum for a single transaction is $5, and the maximum is $50,000 per transaction.
Is there a limit on the number of fractional shares I can buy through Schwab Stock Slices?: No. You can use Schwab Stock Slices to invest as often as you want.
What happens after I purchase stocks through Schwab Stock Slices?: The individual stock(s) will be in your brokerage account.
Do I need a Schwab account?: Yes, to buy a fractional share, you will need to have an eligible Schwab brokerage account (e.g., a custodial, individual, joint account, etc.).
Are there any fees?: There are no commissions when you buy stocks online through Schwab Stock Slices.
What happens to my fractional shares if there is a stock split?: Multiply your current fractions by the whole number shares of the stock split to see what your future whole or fractional share holdings will be, upon completion of the stock split. For example, if you owned .15 of a share and the company announced a split of three additional shares, you could anticipate holding .45 (0.15 x 3) of a share when the stock split is complete. If you held .43 shares of the same company, at the completion of the stock split you'd have 1.72 shares. This equates to a whole share and a fractional share because the split would award you an additional 1.29 shares (.43 x 3) shares.

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These 8 mental mix-ups could be costing you money. Do you know what they are?

These 8 mental mix-ups could be costing you money. Do you know what they are?

More choices. More ways to invest how you want.

More choices. More ways to invest how you want.

Schwab Stock Slices™

Now you can own fractional shares of any of America's leading companies in the S&P 500® for as little as $5, even if their shares cost more.

Buy a single slice for as little as $5.

Or buy multiple slices at a time.

Take the next step.

Why buy a stock slice? Glad you asked.

A simple, low-cost way to invest in any S&P 500 stock.

Affordable

Accessible

Customizable

It's easy to get started.

Open an Account

Fund Your Account

Buy Your Fractional Shares

Give the gift of ownership.

You have questions. We have answers.

Have more questions? We're here to help.

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