Singapore’s Trust Bank Breaks Ground with In-App Fractional Trading of US Stocks & ETFs
In a bold move that could reshape retail investing in Singapore, Trust Bank has officially launched a fully integrated fractional trading platform for U.S. stocks and exchange-traded funds (ETFs) — directly within its banking app. This strategic launch marks the first time a banking app in Singapore offers fractionalised access to global equities, bringing Wall Street within reach of everyday investors with unprecedented convenience. (trustbank.sg)
A Simpler Path to Global Markets
Traditionally, Singapore-based investors had to open separate brokerage accounts to buy U.S. stocks — and often grapple with minimum share sizes that make high-flying names like Tesla or Meta prohibitively expensive. Trust Bank’s new TrustInvest feature eliminates most of those hurdles:
- Fractional trading, allowing investors to buy partial shares starting from as little as US$10, democratizing access to expensive U.S. equities. (trustbank.sg)
- Over 7,000 U.S. stocks and ETFs available, powered through a partnership with Saxo Singapore, a seasoned global brokerage. (trustbank.sg)
- Seamless integration — no separate accounts, no awkward fund transfers between apps: everything happens inside Trust Bank’s mobile platform. (trustbank.sg)
Until 30 June 2026, Trust Bank is also offering zero trading commissions, with zero custody and settlement fees — a compelling incentive for investors to dip their toes into U.S. markets. First-time traders who place a minimum US$1,000 order can even win up to US$500 in free fractional stocks via a digital reward mechanic. (trustbank.sg)
Meeting Investors Where They Are
According to early data, 10,000 customers have already opened trading accounts during the platform’s pre-launch phase, with nearly half executing fractional trades — a clear sign that the bite-sized investing model resonates. (The Business Times)
Trust Bank’s CEO, Dwaipayan Sadhu, frames the launch as part of a broader mission to make investing “simple, transparent, and accessible to everyone”. With a streamlined onboarding process that can be completed in under one minute, the bank is betting that combining digital banking with investing will appeal to both first-time investors and more seasoned market participants. (trustbank.sg)
Why It Matters
This launch arrives at a time when fractional trading is gaining traction globally — not just in Singapore. Fintech brokers and platforms are increasingly allowing partial share purchases to lower barriers to entry and help smaller investors construct diversified portfolios without hefty capital requirements. (Syfe)
Trust Bank’s bank-app first approach could accelerate that trend locally by bringing investing directly into users’ everyday financial hub — their bank — rather than relegating it to a standalone brokerage app.
Moreover, the entry of a regulated bank into the fractional trading arena raises the competitive stakes for other platforms like Syfe, Moomoo, and Webull, which have already offered similar capabilities. (The Business Times)
Glossary
Fractional Trading The ability to buy a portion of a stock or ETF share, rather than having to purchase a whole share. This makes expensive stocks more affordable for retail investors. (trustbank.sg)
ETF (Exchange-Traded Fund) A basket of securities — like stocks or bonds — that trades on an exchange like a single stock. ETFs offer diversification and often have lower fees compared to mutual funds. (trustbank.sg)
Custody Fees Charges levied by a brokerage or platform to hold an investor’s assets. Trust Bank currently waives these to reduce cost burdens on its customers. (trustbank.sg)
Zero Commission A promotional fee structure where no trading commission is charged for buying or selling securities — an attractive feature for cost-conscious investors. (trustbank.sg)
Source Link
🔗 https://www.techinasia.com/news/sgs-trust-bank-launches-fractional-trading-of-us-stocks-etfs
