Trust Bank Raises the Stakes in Singapore
Singapore-based Trust Bank has rolled out US stock and exchange-traded fund trading to all customers in its Trust App, positioning itself as the first banking app in Singapore to offer fractional trading – a feature that lowers entry barriers while keeping cash, custody, and execution in one place.
The pitch is friction reduction: instead of moving funds to a separate broker, users can shift money from their Trust Bank nsavings account and trade within the same app flow. Trust is also leaning on speed as a conversion lever, citing an average account opening time of less than one minute, according to a media release issued on Wednesday.
Fractional orders start from as little as US$10, enabling position sizing and diversification even when single–share prices are high. The release points to examples like Tesla and Meta trading at over S$500 (about US$390) per share, framing fractional ownership as a practical tool for building exposure with tighter capital budgets.
Saxo Partnership
Since opening access to waitlist users in November 2025, Trust says 10,000 customers have opened trading accounts, and 45 percent of customers who traded executed fractional trades – a behavioral signal that smaller–ticket participation is not a niche use case.
Trust has partnered with Saxo Singapore to deliver the brokerage layer, giving customers access to more than 7,000 tradable US stocks and ETFs within the Trust App. Saxo is positioned as the «world-class» platform provider underpinning execution and market connectivity.
Zero Commission Through Mid-2026
Trust is offering zero commission on trades until 30 June 2026, alongside a first-trade reward mechanic: customers who place an initial trade of at least US$1,000 can receive free fractional stock worth up to US$500 via a digital scratch card, valid until 31 March 2026.
Trust Bank CEO Dwaipayan Sadhu said: «At Trust, we believe investing should be simple, transparent, and accessible to everyone… This is just the beginning of our journey to make wealth–building easier and more rewarding for all.»
Saxo Singapore CEO Mahesh Sethuraman added: «Long–term participation in financial markets remains the surest path to securing one’s future… we’re proud to open the investing landscape even wider and deliver a positive impact at scale.»
