Singapore’s Trust Bank has fully launched its US stock and ETF trading platform, dubbing it a “major milestone in making investing simpler and more accessible.”

The Trust Bank app, a joint venture between Standard Chartered and FairPrice Group, is now the first banking app in Singapore to offer fractional trading. This allows customers to own a slice of high-priced US companies like Tesla or Meta for as little as US$10.

CEO Dwaipayan Sadhu stated: “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.”

The platform, powered by brokerage Saxo Singapore, provides access to over 7,000 US stocks and ETFs. Trust highlights its seamless integration, removing the need to transfer funds between a separate bank and trading account. Since a waitlist opened in November 2025, 10,000 customers have opened trading accounts, with 45% of those who traded making fractional purchases.

Images are for illustration purposes only

To encourage sign-ups, Trust is offering zero commission on trades until 30 June 2026, with no custody, platform, or settlement fees. New traders who make a first trade of at least US$1,000 before 31 March 2026 can also win free fractional stock worth up to US$500 via a digital scratch card.

Mahesh Sethuraman, Singapore CEO of Saxo, said: “Together with Trust Bank, we’re proud to open the investing landscape even wider and deliver a positive impact at scale.”

The bank reports the average account opening time is under one minute. All investments via TrustInvest are not bank deposits and carry risks, including the potential loss of the principal amount invested.

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