The short answer
Usually not. Many brokers require the fractional portion to be sold and transfer only the whole shares.
The SEC explains that fractional shares generally cannot be transferred between brokerage firms. A broker transfer may therefore produce a cash-in-lieu amount for the fraction; settlement timing, sale price and applicable tax reporting depend on the brokerage and location.
What to do next
Before moving accounts, ask both brokers whether whole shares transfer in kind, what happens to the fractional remainder and what fees apply.
Interactive Brokers
This official website is a relevant starting point for this question. Product access or eligibility depends on where you live and the provider's own requirements.
Visit Interactive Brokers ↗Official website — not an affiliate tracking link. A resource link does not imply that every reader qualifies for its services.
Questions people ask
What is the direct recommendation for can I transfer fractional shares to another stockbroker without selling?
Usually not. Many brokers require the fractional portion to be sold and transfer only the whole shares.
What eligibility limits should be checked for can I transfer fractional shares to another stockbroker without selling?
Sometimes. The general principle is explained here, but local tax, custody and product rules can differ by jurisdiction.
Primary source
Our answer is based on guidance published by SEC Investor.gov.
This article explains the published general rule or provider example. It does not establish personal eligibility, a guaranteed allocation or an individual tax outcome.
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