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Can I transfer my fractional shares to another broker account?

Fractional shares are not transferable. If you close your account or transfer your account to another firm, the fractional share will need to be liquidated, resulting in potential commission charges.
Additionally, fractional shares cannot be put into certificate form and mailed. They will need to be sold. Please note that the commission charge for liquidating fractional shares may match the value of the fractional share if less than our minimum commission.

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Updated on 25 September, 2022