In this article, we investigate the soliton wave dynamics of the fractional three-component coupled nonlinear Schrödinger equation. This equation is considered as a fundamental tool for describing the behavior of optical pulses in optical fibers. There is increasing interest in studying these equations as they can be used to explain a wide range of complex physical phenomena in various scientific and engineering fields, including nonlinear fiber optics, electromagnetic field waves, and signal processing through optical fibers. In order to obtain the required solutions, the first step is to apply the complex wave transformations with β-fractional derivative to obtain the nonlinear ordinary differential equations of the governing model. Furthermore, by applying the novel integration methods known as generalized Arnous method and multivariate generalized exponential rational integral function approach, different type of soliton solutions are extracted. Different sets and values of the physical parameters are used to study the optical soliton solutions of the studied system. Based on a comparative analysis of our results with existing techniques, this study concludes that our proposed solutions are novel. The results described in this work are able to enhance the nonlinear dynamical behavior of a given system and confirm the effectiveness of the methods used. Furthermore, the different graphs are sketched to visualize the solutions behavior with various parametric values. It is anticipated that obtained solutions will be significant in the study of wave propagation and other related fields.