Buy/sell Fractional Shares with more decimal points

Hello there. I would really like to buy or sell fractional shares with enough decimal points in order to complete a full share. I have fractional shares with up to 7 digits after the 0 and when I try to buy/sell another fraction to round up/down to a full fraction, the app/webpage only lets me use 4 digits after the 0.

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This and LIMIT orders for fractionals would be a complete solution :pray:t2::pray:t2:

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Welcome to the community. Isn’t the problem that the value of 0.10052 share may be the same to 2 decimal places of currency as 0.10051? What is Trading 212 to do? Should they sell these for the same, or overcharge for the later by nearly $0.01?

It would be a bit ridiculous to buy and sell orders worth only $0.01. So if the minimum order values is to be, say $0.30, this will mean decimal places past 3rd or 4th will be unuseable.

Perhaps there could be a facilty so that shares in decimal places beyond where they can be bought or sold can be given to charity, or even just thrown away.

Say I hold 9.1234567 and minimum order quantity is 0.001. I would like to round this up to 10 and that is currently impossible. I could give away 0.0004567 (worth maybe a few cents), now have 9.123 and then buy 0.877 to be left with 10.

Or I can just buy 0.877, have 10.0004567 and live with it.

I wonder what solutions to this problem others think could work.

To roundup, i used the below approach.

  • Imported the extra 0.0000xxxxx to a temporarily created Pie with just one instrument.
  • Withdraw money from the Pie and this would be sold.
    Delete the Pie when the not required fractional value is sold.
  • Then the required amount can be purchased.

When i tried this Amazon stock, i need to do 3 iterations to get a round-off!!!

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It’s completely unacceptable! :rage: :rage: :rage:

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Actually this is OCD, and we are all addicted to numbers here. If we can’t control them they we like to, it creates discomfort.

I vouch for more granular control/precision, where possible of course! :wink:

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THANKS! Nice, creative way to do it, in the mean time I will do it your way. I do believe that the app should have a much simpler way to do it though.

I would like also the suggested feature, to complete a few positions to full shares. This way I want to be prepared to transfer positions between brokers when it will be implemented.
And the workaround with selling is not perfect, personally I do not want to sell for now, but to buy and hold, and do not deal with unneccessary taxing.
Since the app allows fractionals up to 7 decimals when bying by value, should be possible to do the opposite, with some rounding to a nearest cent of the account’s currency.

In Revolut BTW it is possible to do so, I’ve already prepared a few of positions there.

@Team212 is this on your list already? I am also very much in favor of this. Sometimes I try to round to a full share, but it won’t let me exactly. Bad for my OCD :upside_down_face:

Suppose you own 10.12345678 and the minimum trade is 0.01. Make a pie for the same share. Import 10.12 to the pie. Now sell the remaining 0.00345678 that is outside the pie. Very little money will be involved, sometimes even 0. Now add 0.88 and you will have 11 shares. This is my procedure for turning fractions into wholes.

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But what if you have 9.21854532 shares? Difficult to make it 10. Especially for shares outside pies.

Move 9.21 into a pie, then sell what remains outside the pie, then purchase 0.79. There is probably only a small cost involved in selling the 0.00854532 and then rebuying as part of the 0.79.

But what if you have 24.4728109, how to make it 25??

:upside_down_face: