Trust Bank is set to bring fractional trading to Singapore, letting customers buy and sell portions of US stocks and ETFs directly through its app.
The new feature expands its TrustInvest service, which was introduced earlier this year to make investing more accessible.
It will allow customers to trade US-listed equities and exchange-traded funds within the Trust App, offering a simpler way to build diversified portfolios without switching between multiple platforms.
Trust said the addition of fractional trading will make it possible for customers to invest smaller amounts in higher-priced shares such as Netflix or Meta, which can cost more than S$500 per share.
The bank added that this feature lowers the barrier to entry for retail investors while keeping the experience fully integrated within its digital banking platform.
The new platform will also include a range of ETFs covering index trackers, digital asset funds, and sector-focused investments, enabling users to diversify their portfolios with a single trade.
The waitlist for the trading platform opens today, and customers will be invited to open accounts in the coming weeks.
New users can register by opening a Trust Savings account through the app. Eligibility will be assessed when they apply for a stocks account.
Dwaipayan Sadhu, CEO of Trust Bank, said,
“Following the success of our initial TrustInvest launch, we are excited to expand our offering so that customers can trade US stocks and ETFs.
Offering fractional trading means that all our customers can access a wide range of investments, with the confidence of doing so through an easy to use and seamless banking app.”