Etrade offers fractional shares, but only within their DRIP. This means that you can only buy fractional shares of the stocks or ETFs that pay dividends, and only when you reinvest your dividends. You cannot buy or sell fractional shares of any other stock or ETF, or with any other source of funds.
If you are looking for more flexibility and features, you may want to consider other brokers that offer fractional shares, such as Charles Schwab, Fidelity, Interactive Brokers, Robinhood, TD Ameritrade, or Tastytrade. They allow you to buy and sell fractional shares of any stock or ETF that they offer, not just the ones that pay dividends. They also let you use any source of funds, such as deposits or transfers, to buy fractional shares, and they let you choose the price and the time of your transactions.
However, you should also be aware of the drawbacks and limitations of fractional shares, such as tax implications, rounding errors, and availability issues. You should also compare the features, fees, and restrictions of different brokers, and see which one fits your goals and style the best.
