About Fractional Shares

General FAQ

Fractional shares are parts of a full stock — allowing you to own a small portion of a company’s share, rather than buying one whole unit. This means you can start investing in big-name stocks with smaller amounts of capital.

PALN (Penyaluran Amanat Luar Negeri) or Foreign Futures Market are products tradable in foreign exchanges that are transactable in Phillip Futures. 

US Stocks is a security that provides equity ownership of the issuing corporation. US Stocks are listed and transacted on US stock exchanges such as New York Stock Exchange (NYSE) and Nasdaq Stock Market (NASDAQ).

US Stocks are tradable in Phillip Futures, for more information please click here.

Platform Nova is used to trade PALN & US Stocks. Click here to learn more about platform Nova 2.0.

Clients are able to deposit funds into our segregated account under Phillip Futures. Clients are obligated to input their account numbers on the remarks column when doing deposits. 

segregated accoung PTPF

Clients are able to do deposits to their trading accounts on weekdays from 09.00 – 18.00 WIB.

Please contact our Client Service team at (021) 5790 6525 or email futures@phillip.co.id if you need help logging into the Client Portal.

During this promotion period, you do not need to pay platform fees for your account. This will help you maximise your trading returns with us.

This promotion can be altered at any time, and all decisions of PT Phillip Futures regarding this promotion cannot be contested.

During this promotion period, you will not be charged inactivity fees for the account

This promotion can be altered at any time, and all decisions of PT Phillip Futures regarding this promotion cannot be contested.

You can cancel your working order and input a new order with the volume or price that you desire.

Phillip Futures offers a free coaching session for Clients to learn trading and/or investing. Click here to make an appointment. 

Fractional Shares Specific Questions​

You can start trading from as little as 0.001 shares or a minimum value of USD 1 — whichever applies. It’s flexible and beginner friendly.

Fractional shares let you invest in high-priced stocks with a small budget. It’s a flexible way to start investing, diversify your portfolio, or grow your investments gradually.

Stocks available for fractional trading are marked with a pie chart icon on the platform. Look for this symbol when browsing stock options.

List of issuers that are available for trade can be seen here.

No, fractional stock transactions are only available for certain stocks, including select ETFs. The availability depends on factors such as transaction volume, liquidity, and price volatility, and may change over time according to the company’s policy. This feature allows customers to buy or sell stocks in fractional quantities or dollar amounts, so you can own a portion, a full share, or multiple shares of eligible stocks.

List of issuers that are available for Fractional Shares trade can be seen here.

Yes, you can buy and sell fractional shares online, just like full shares. However, you can only trade eligible stocks and ETFs, and corporate actions may affect fractional holdings differently.

Yes. For first-time users, you must opt in to use fractional shares.

  • Go to the Trade menu on your Phillip Nova 2.0 platform.

  • Click “Enable Fractional” to activate the feature.

  • Once enabled, you can start trading in fractional amounts right away.

US Stocks pre-market trading session  start from Monday to Friday, 04:00 AM – 09:30 AM Eastern Standard Time (EST)

Regular market trading session start from Monday to Friday, 09.30 AM EST until 04.00 PM EST.

trading time us stocks

Extended hours trading sessions include pre- and post-market sessions.

Pre-market trading of US Stocks occurs between 04.00 AM to 09.30 AM (EST), before the regular trading session. Pre-market trading is available for NYSE and NASDAQ. However, some Issuers are available for pre-market trading from 06.00 AM (EST).

Note: Post-market session is currently unavailable for trading on Phillip Futures.

Yes! If you own fractional shares, you can still receive cash dividends as long as the amount is equal to or greater than USD 0.01. For stock dividends, you’ll receive them if the allocation is 0.001 shares or more, or the cash value equivalent of at least USD 0.01.

Yes, trading fractional shares incurs a fixed commission fee. Be sure to check the latest fee schedule or contact customer service for up-to-date information.

For U.S. markets (NYSE, AMEX, NASDAQ), the commission structure is:

  • Fractional Shares (0.001 – 0.999 shares):
    Fixed fee of USD 0.8 per transaction (online only)*

*Commission fees may change at any time. Please contact our hotline for the latest updates.

Fractional shares may not always be eligible for corporate actions. If a corporate action (like a stock split or merger) results in fractional quantities, your allocation will be rounded down to the nearest whole number — meaning you may not receive any shares, or your share count could become zero. Participation in such events is also subject to the issuing company’s policies.

Currently, fractional share orders must be placed through Nova 2.0.
Orders placed via Nova will reflect on TradingView, but fractional orders cannot yet be initiated from TradingView’s chart interface.

Like all investments, fractional shares carry market risk. While they make it easier to diversify, their value can fluctuate just like full shares. Always review company fundamentals and market trends before investing.

Can't find what you are looking for?

Should you have any query, you may contact us at (021) 5790 6525 or email us at futures@phillip.co.id 

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