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Trust Bank partners Saxo to launch fractional trading of US stocks and ETFs

Samantha Chiew
Samantha Chiew • 3 min read
Trust Bank partners Saxo to launch fractional trading of US stocks and ETFs
Trust Bank is also offering no custody fees, no platform fees and no settlement fees for trading. Photo: Trust Bank
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Trust Bank is the first banking app in Singapore to offer fractional trading on US stocks and ETFs.

Fractional trading on the Trust App allows investors to own a slice of US companies for as little as US$10. With some popular US companies such as Tesla and Meta trading at over US$ 390 ($500) per share. This allows investors to start their investment with a smaller amount and still build a diversified portfolio. This offering comes on the back of Trust Bank partnering aberdeen to offer mutual funds investment products to its customers.

Since admitting those who joined Trust Bank’s waitlist in November 2025, 10,000 pioneering customers have opened their trading accounts. During this period, 45% of customers who traded, made fractional trades. This allowed them to benefit from being able to buy a slice of a US blue chip to suit the amount they want to invest, and shows the appeal of accessible, bite-sized investing.

To deliver a world-class brokerage experience, Trust Bank partnered with Saxo Singapore. Through this partnership, customers can access more than 7,000 tradable US stocks and ETFs, all seamlessly integrated into the Trust App for a frictionless experience.

Beyond this seamless experience, Trust Bank is also offering no custody fees, no platform fees and no settlement fees for trading. Plus, customers can enjoy zero commission on trades until June 30, 2026.

Additionally, customers can win free fractional stock worth up to US$500 when they make their first trade of at least US$1,000. This offer is valid until March 31, 2026.

See also: Reclaims Global plans one-for-one bonus share issue

Dwaipayan Sadhu, CEO of Trust Bank, says: “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. This is just the beginning of our journey to make wealth-building easier and more rewarding for all.”

Mahesh Sethuraman, Singapore CEO of Saxo, said: “Our purpose at Saxo is simple: get curious people invested in the world. Long-term participation in financial markets remains the surest path to securing one’s future, and we’ve helped make that possible in Singapore for over two decades. Together with Trust Bank, we’re proud to open the investing landscape even wider and deliver a positive impact at scale.”

During a press briefing on Jan 20, Sadhu and Sethuraman have both expressed interest to potentially further explore their partnership to include the trading of Singapore stocks on the Trust Bank app.

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