Retail Investors in Singapore Gain US$10 Access to US Stocks through Trust Bank and Saxo

Tuesday, 20/01/2026 | 13:22 GMT by Tareq Sikder
  • Since November last year, 10K Trust App users joined; 45% have made fractional trades.
  • Saxo has launched standalone margin accounts, letting Singapore traders separate leveraged positions.
Trust Bank Singapore launches fractional US stocks with Saxo, LinkedIn
Trust Bank Singapore launches fractional US stocks with Saxo, LinkedIn

Trust Bank Singapore has launched trading of US stocks and exchange-traded funds for retail customers through its Trust App, in partnership with Saxo. The bank is the first in Singapore to offer fractional trading, allowing investors to buy portions of companies such as Tesla and Meta for as little as US$10. This enables retail clients to start with smaller amounts while building a diversified portfolio.

This follows Saxo’s expansion in Singapore last year, when it launched standalone margin lending accounts for retail clients. The accounts allow traders to manage borrowed-money positions separately from their regular portfolios.

The broker also introduced dedicated accounts for leveraged trades, updated collateral rates on medium-risk stocks and ETFs, and shifted from full to partial liquidations when positions fall below required margins.

Earlier, Saxo had introduced fractional share trading across more than 1,000 instruments, allowing clients to buy portions of higher-priced stocks with smaller amounts of capital.

Trust App Enables Fractional US Trading

Mahesh Sethuraman, Singapore CEO of Saxo, said the partnership with Trust Bank aims to “open the investing landscape even wider” and deliver what he described as “a positive impact at scale.”

Since opening early access in November 2025, the Trust App platform has attracted 10,000 customers, with 45% making fractional trades. Account opening takes less than a minute and is completed entirely within the app.

Dwaipayan Sadhu, CEO of Trust Bank, said, “With TrustInvest, customers can now trade US stocks and ETFs right from the Trust App, backed by Saxo’s world-class platform.”

Singapore Becomes Saxo’s Asia-Pacific Hub

Saxo’s focus on Singapore follows its exit from other Asia-Pacific markets. In 2024, the bank closed its offices in Hong Kong and Shanghai, citing changes in the business environment. It continued operations from Singapore, which has since become the hub for its regional expansion. From Singapore, Saxo has launched fractional trading and standalone margin accounts for retail clients, strengthening its local presence.

Trust Bank Singapore has launched trading of US stocks and exchange-traded funds for retail customers through its Trust App, in partnership with Saxo. The bank is the first in Singapore to offer fractional trading, allowing investors to buy portions of companies such as Tesla and Meta for as little as US$10. This enables retail clients to start with smaller amounts while building a diversified portfolio.

This follows Saxo’s expansion in Singapore last year, when it launched standalone margin lending accounts for retail clients. The accounts allow traders to manage borrowed-money positions separately from their regular portfolios.

The broker also introduced dedicated accounts for leveraged trades, updated collateral rates on medium-risk stocks and ETFs, and shifted from full to partial liquidations when positions fall below required margins.

Earlier, Saxo had introduced fractional share trading across more than 1,000 instruments, allowing clients to buy portions of higher-priced stocks with smaller amounts of capital.

Trust App Enables Fractional US Trading

Mahesh Sethuraman, Singapore CEO of Saxo, said the partnership with Trust Bank aims to “open the investing landscape even wider” and deliver what he described as “a positive impact at scale.”

Since opening early access in November 2025, the Trust App platform has attracted 10,000 customers, with 45% making fractional trades. Account opening takes less than a minute and is completed entirely within the app.

Dwaipayan Sadhu, CEO of Trust Bank, said, “With TrustInvest, customers can now trade US stocks and ETFs right from the Trust App, backed by Saxo’s world-class platform.”

Singapore Becomes Saxo’s Asia-Pacific Hub

Saxo’s focus on Singapore follows its exit from other Asia-Pacific markets. In 2024, the bank closed its offices in Hong Kong and Shanghai, citing changes in the business environment. It continued operations from Singapore, which has since become the hub for its regional expansion. From Singapore, Saxo has launched fractional trading and standalone margin accounts for retail clients, strengthening its local presence.

About the Author: Tareq Sikder
Tareq Sikder
  • 2084 Articles
  • 37 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 2084 Articles
  • 37 Followers

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