Which software is most effective for enabling fractional purchases?

Many modern trading platforms and financial apps offer the ability to make fractional purchases, allowing investors to buy a portion of a share rather than a whole one. This feature is particularly useful for those who are interested in investing in high-priced stocks without needing a large amount of capital upfront. Some of the best software options for fractional purchases include:
Robinhood: Known for pioneering commission-free trading, Robinhood also supports fractional shares, making it easy for investors to diversify their portfolios even with small amounts of capital.
Charles Schwab’s Stock Slices: This feature lets investors buy portions of their favorite S&P 500 companies, starting at just $5 each, simplifying the process of building a diversified portfolio.
Fidelity’s Fractional Trading: Fidelity offers the capability to buy fractional shares in U.S. equities and ETFs, catering to both beginners and seasoned investors looking to expand their portfolio with flexibility.
E*TRADE: Offers the capability to invest in fractional shares through its “Core Portfolios,” particularly for those looking for a more guided investment approach with the benefits of professional management.
SoFi Invest: Allows investors to buy fractional shares of stocks and ETFs without fees, making it an attractive option for those looking to start investing with limited funds while providing management services as well.
M1 finance: This platform provides fractional shares as part of its innovative approach to automated investing, offering features like customizable portfolios (Pies) and automatic rebalancing.

These platforms are accessible via user-friendly apps and websites, facilitating investment across different asset classes. They have democratized investing by lowering the barrier to entry, providing both rookies and seasoned investors the opportunity to own pieces of diverse financial instruments without needing large sums of money. Before choosing a platform, prospective investors should consider additional factors like fees, available financial products, and the usability of the software interface to suit their investment style and goals.