Hi, let’s imagine I buy 100 USD worth of an ETF in which each share sells for 600 USD.
I buy it through fractional shares, but somehow by keeping on buying it, I will eventually have a share worth of it. Let’s take this scenario.
So my question is the following: if Trading 212 allowed the transfer of shares to another broker (which I know it doesn’t right now, but is planning to) that doesn’t allow fractional shares, how would that process in this case?
Would I be unable to do it and be forced to sell the shares, since they were bought fractionally?
Or since I had 1 share worth of investment, would I be able to transfer a full share of that ETF to the other broker? And in this case, what would the buying price of the share be? The mean price?
Thank you, and I’m sorry if it is a dumb question, but had to ask.