Trust Bank has announced its new service, becoming the first banking app in Singapore to offer fractional trading for US stocks and exchange-traded funds. This innovative feature allows users to purchase portions of shares, making stock market investment more accessible to a broader audience.
The bank has partnered with Saxo Singapore to give access to over 7,000 US stocks and exchange-traded funds (ETFs) through the Trust App.
Trust Bank is offering zero commission on trades until 30 June 2026. Customers can win free fractional stock worth up to US$500 when they make their first trade of at least US$1,000.
Trust Bank’s move aligns with a growing trend of financial institutions leveraging technology to enhance customer experience and broaden investment opportunities. The app’s new feature is expected to attract a diverse range of investors, from novices to seasoned traders, by offering flexibility and affordability.
