Customers of the broker in the city-state can trade fractional units on over 1,000 instruments across multiple asset classes.
Several other brokers have also introduced similar fractional share trading services.
Saxo Bank branding on a Formula One car
Saxo Bank announced today (Tuesday) the launch of fractional trading for its clients in Singapore. The service is available for instruments across asset classes on the brokerage platform.
Lowering the Entry Barrier to Investing
Fractional shares allow traders to purchase part of a whole share with whatever capital they have. This significantly lowers the entry barrier to investing. For example, if Apple shares are trading at $200 each and a trader has only $100 available, they can buy $100 worth of Apple shares and will own half a share.
Kim Fournais, the Founder and CEO at Saxo Bank
“This allows clients to invest in high-priced stocks with a smaller amount of capital,” Saxo explained.
“Also, by investing precise amounts, investors are better able to fully utilise all available funds,” the bank added. “Overall, this offers clients more flexibility, allowing them to construct portfolios that fit different budgets.”
Although the concept of fractional share trading is not new, the service has gained popularity in recent years. Many brokers now offer fractional share trading to retail investors, thus lowering the entry barrier to the markets.
The growing popularity of fractional share trading has also drawn the attention of global regulators. Last year, the United States’ Financial Industry Regulatory Authority (FINRA) introduced new guidelines requiring the reporting of both whole share and fractional share quantities.
Meanwhile, Saxo Bank's ownership is changing. Earlier this year, Swiss private bank J. Safra Sarasin agreed to acquire a 70 per cent stake in Saxo Bank in a deal valued at around €1.1 billion ($1.19 billion). The transaction values the Danish online trading and investment services provider at approximately €1.6 billion.
The new owner will purchase Finnish firm Mandatum's 19.8 per cent stake in Saxo, along with the 49.9 per cent stake held by Chinese group Geely. Saxo Bank’s founder and CEO, Kim Fournais, will retain his 28 per cent stake and will continue to serve as the company’s CEO.
Saxo Bank announced today (Tuesday) the launch of fractional trading for its clients in Singapore. The service is available for instruments across asset classes on the brokerage platform.
Lowering the Entry Barrier to Investing
Fractional shares allow traders to purchase part of a whole share with whatever capital they have. This significantly lowers the entry barrier to investing. For example, if Apple shares are trading at $200 each and a trader has only $100 available, they can buy $100 worth of Apple shares and will own half a share.
Kim Fournais, the Founder and CEO at Saxo Bank
“This allows clients to invest in high-priced stocks with a smaller amount of capital,” Saxo explained.
“Also, by investing precise amounts, investors are better able to fully utilise all available funds,” the bank added. “Overall, this offers clients more flexibility, allowing them to construct portfolios that fit different budgets.”
Although the concept of fractional share trading is not new, the service has gained popularity in recent years. Many brokers now offer fractional share trading to retail investors, thus lowering the entry barrier to the markets.
The growing popularity of fractional share trading has also drawn the attention of global regulators. Last year, the United States’ Financial Industry Regulatory Authority (FINRA) introduced new guidelines requiring the reporting of both whole share and fractional share quantities.
Meanwhile, Saxo Bank's ownership is changing. Earlier this year, Swiss private bank J. Safra Sarasin agreed to acquire a 70 per cent stake in Saxo Bank in a deal valued at around €1.1 billion ($1.19 billion). The transaction values the Danish online trading and investment services provider at approximately €1.6 billion.
The new owner will purchase Finnish firm Mandatum's 19.8 per cent stake in Saxo, along with the 49.9 per cent stake held by Chinese group Geely. Saxo Bank’s founder and CEO, Kim Fournais, will retain his 28 per cent stake and will continue to serve as the company’s CEO.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
Prop Firms and Brokers Form a Perfect Synergy: One Offers Access, the Other Capital
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
