Trust Bank has launched fractional trading for US stocks and exchange-traded funds (ETFs), becoming the first banking app to offer the feature directly within a consumer banking platform for investors in Singapore. The move marks a significant expansion of Trust’s investment offering and reflects growing demand for simpler, lower-cost access to global markets.
The new service, available via the Trust App, has been developed in partnership with Saxo Singapore, giving customers access to more than 7,000 US-listed stocks and ETFs. Fractional trading allows users to invest from as little as US$10, enabling participation in high-priced US shares without the need to buy a full share.
Trust Bank said the launch aims to remove friction traditionally associated with investing, such as moving funds between banking and brokerage apps. Customers can invest directly from their Trust savings account, with account opening taking less than one minute, according to the bank.
The fractional share trading has already seen strong early adoption. Since customers on the waitlist were admitted in November 2025, around 10,000 users have opened trading accounts in Singapore, with 45% of those who traded opting for fractional shares. Trust said this highlights strong demand for “bite-sized” investing, particularly for popular US companies where share prices often exceed S$500.
To encourage take-up, Trust Bank is offering zero commission on trades until 30 June 2026, alongside no custody, platform, or settlement fees. Customers can also receive free fractional stock worth up to US$500 when they make their first trade of at least US$1,000. The reward is delivered via a digital scratch card and credited once markets open. The promotion runs until 31 March 2026.
Dwaipayan Sadhu, CEO of Trust Bank, said the launch was a milestone in making investing more accessible. “At Trust, we believe investing should be simple, transparent, and accessible to everyone. With TrustInvest, customers can now trade US stocks and ETFs right from the Trust App, backed by Saxo’s world-class platform,” he said.
Mahesh Sethuraman, Singapore CEO of Saxo, said the partnership supports long-term market participation. “Together with Trust Bank, we’re proud to open the investing landscape even wider and deliver a positive impact at scale,” he said.
TrustInvest is an investment product, not a bank deposit and investments carry risk, including the potential loss of capital. The product is not covered by Singapore’s Deposit Insurance Scheme and the advertisement has not been reviewed by the Monetary Authority of Singapore.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
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