How to use fractional share trading through <..>?

metatradinator
75
metatradinator  

I just opened a demo account with <..>, which Metatrader partnered with in September to provide fractional shares trading. How does it work though? How would someone make a purchase for a fractional share either manually or through MQL5?

Thanks!

Keith Watford
Moderator
26011
Keith Watford  
Isn't it explained on the broker's website?
Sergey Golubev
Moderator
118860
Sergey Golubev  
metatradinator:

I just opened a demo account with <..>, which Metatrader partnered with in September to provide fractional shares trading. How does it work though? How would someone make a purchase for a fractional share either manually or through MQL5?

Thanks!

Discussion about the brokers is prohibited on the forum.
metatradinator
75
metatradinator  
Sergey Golubev:
Discussion about the brokers is prohibited on the forum.

I'm not talking about the broker though. The Metatrader website made a post about offering fractional shares and I'm asking how to start trading fractional shares.

Keith Watford:
Isn't it explained on the broker's website?
No, I just sent them an email though. But I feel like they'll think its not their job to give general Metatrader support.
DriveWealth offers MetaTrader 5 broker access to US Cash Equities
DriveWealth offers MetaTrader 5 broker access to US Cash Equities
  • 2020.09.09
  • MetaQuotes Software Corp.
  • www.metatrader5.com
U.S. share trading is available directly in MetaTrader 5 via a sophisticated, server to server connection. For connected brokers with a MetaTrader 5 server, direct integration to multiple brokerage APIs is no longer required. Instead, brokers can simply order the MetaTrader 5 Gateway for integration with dealers, such as DriveWealth, to perform...
Keith Watford
Moderator
26011
Keith Watford  
metatradinator:
No, I just sent them an email though. But I feel like they'll think its not their job to give general Metatrader support.

This would not be Metatrader support, you, as a trader are not a customer of  Metatrader . The broker is  Metatrader 's customer, you are the broker's customer.

If the broker offers fractional shares, they should explain the details to their customers.

Sergey Golubev
Moderator
118860
Sergey Golubev  
metatradinator:

I'm not talking about the broker though. The Metatrader website made a post about offering fractional shares and I'm asking how to start trading fractional shares.

No, I just sent them an email though. But I feel like they'll think its not their job to give general Metatrader support.

This is for brokers: https://www.metatrader5.com/en/news/2155
(if you are the broker with MT5 so you may have this possibility).

You should find the broker which is using/proposing it, and ask this broker directly about it.

DriveWealth offers MetaTrader 5 broker access to US Cash Equities
DriveWealth offers MetaTrader 5 broker access to US Cash Equities
  • 2020.09.09
  • MetaQuotes Software Corp.
  • www.metatrader5.com
U.S. share trading is available directly in MetaTrader 5 via a sophisticated, server to server connection. For connected brokers with a MetaTrader 5 server, direct integration to multiple brokerage APIs is no longer required. Instead, brokers can simply order the MetaTrader 5 Gateway for integration with dealers, such as DriveWealth, to perform...
metatradinator
75
metatradinator  
Keith Watford:

This would not be Metatrader support, you, as a trader are not a customer of  Metatrader . The broker is  Metatrader 's customer, you are the broker's customer.

If the broker offers fractional shares, they should explain the details to their customers.

Sergey Golubev:

This is for brokers: https://www.metatrader5.com/en/news/2155
(if you are the broker with MT5 so you may have this possibility).

You should find the broker which is using/proposing it, and ask this broker directly about it.


Ok thank you, I wasn't aware of your business model.

Do you know where I could find a list of brokers that offer fractional trading through MT5? I found one broker but I'd like to know about others if they exist. Providing a list of brokers and their attributes could help direct traders to your customers.

Sergey Golubev
Moderator
118860
Sergey Golubev  
metatradinator:


Ok thank you, I wasn't aware of your business model.

Do you know where I could find a list of brokers that offer fractional trading through MT5? I found one broker but I'd like to know about others if they exist. Providing a list of brokers and their attributes could help direct traders to your customers.

MetaQuotes is not providing any list of the brokers.
As to me (I am public moderator) - I provided my list of the brokers on this page: https://www.mql5.com/en/forum/353226/page3
You can make your own list of the brokers and share it with everybody (in the same way as I did).
How do I add a stock symbol to MT5?
How do I add a stock symbol to MT5?
  • 2020.10.12
  • www.mql5.com
I am subscribed to Just2Trade-MT5 on a MT5 Demo account. How do I get marketwatch to show tickers instead of forex...
metatradinator
75
metatradinator  
OK thank you.