Wealthsimple offers the option to trade fractional shares via the Wealthsimple Trade app. Simply search for “Fractional Trading” and purchase using the dollar amount or fractional number you'd like to buy.

Can you do fractional shares in Canada?

You can now buy fractional shares of four Canadian stocks and 10 U.S. stocks that include: ... Royal Bank of Canada. Toronto Dominion Bank. Canadian National Railway.

Is there a downside to fractional shares?

One drawback is that fractional shares can make it easy to buy very small stakes in many different companies. If your brokerage charges commissions, you might wind up paying a lot of fees due to the temptation to invest in many different companies.