Can an investor buy any number of shares thy want per trade. Example: can they buy 1 share or 1 million zillion shares?
Hi GerbilTrain, my husband and I are traders and I will try to answer this question as simple as I can. It’s actually somewhat complicated, but YES you can usually buy any number of shares per trade providing you can afford it and 2) the shares are available. Usually, you have to buy a “lot” or in units of 100 shares. You can buy an odd number like 98, but rule of thumb is 100, 200, 300, etc. Also, you cannot buy “partial” shares. Example: Cannot buy 98.7 shares. So to answer the question, you normally wouldn’t be allowed to buy 1 share. It’s possible to buy like 25 or something versus 100, but they might give you a hard time to just buy 1 (especially if it is a low stock price example $1). Its hard to say for 100%, but hope the above explains how it works. If you could buy a zillion shares that is fine, but might be a lot of money. 🙂
Hi GerbilTrain, I agree with BlessedMermaid. It can be complicated, but it depends on a few factors. Also,the stock needs to have enough volume to trade. That is a key factor. If there is no market, or interest from investors in selling or buying, that could be impactful. Think of it like this, if there are only 500 shares available for trading – YOU cannot buy 1,000 shares. It’s like going to the supermarket and buying oranges. If there are only 50 available that is the max you can buy. Hope that makes sense. 🙂 Great question though, investing is complicated but it is encouraging to see someone young like yourself ask such a smart question.