Longbridge Singapore has announced the launch of its US fractional shares trading service, allowing investors to purchase shares in major US companies such as Apple and Tesla for as little as USD 1. This new offering significantly lowers the entry barrier for investors and provides more flexible portfolio strategies. Traditionally, purchasing a single share of high-priced stocks required substantial capital, but fractional shares trading allows investors to buy stocks by dollar amount or in fractions, making investing more accessible.
The service is designed to help investors manage market fluctuations by enabling them to build positions gradually based on their risk tolerance and market conditions. A Longbridge spokesperson stated, “We believe fractional shares trading lowers the entry barrier to the US stock market and enables more precise asset allocation.”
Longbridge’s fractional shares trading covers a wide range of popular US stocks, and investors can explore eligible stocks through the Longbridge App. The app offers flexible order placement options, allowing investors to specify either the fractional share quantity or the dollar amount they wish to invest. All trades are commission-free, further reducing costs for investors.
Fractional share trading is available exclusively during regular US market hours. However, investors should be aware of certain limitations, such as the lack of shareholder voting rights and the inability to short sell fractional shares. Despite these limitations, the service offers a valuable entry point for beginners and a tool for experienced investors to fine-tune their strategies.
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