Trust Bank to launch US equities trading function within its mobile app
Digital lender Trust Bank will launch a trading platform for US stocks and exchange-traded funds, with a wait-list opening on Wednesday (Oct 15).
Customers will be invited to open a trading account in the coming weeks, the bank said in a press release on the same day.
The new service will be offered under the TrustInvest investment platform, which is housed within the bank’s mobile app. TrustInvest – introduced in February – offers a range of investment products catering to different risk appetites.
The upcoming trading platform will also feature fractional trading, which Trust said is a first for a banking app in Singapore.
Online brokerages such as Interactive Brokers, Tiger Brokers and Webull currently provide fractional trading for US equities.
The feature allows investors to purchase portions of a single share – an option particularly useful for high-priced US stocks such as Netflix, which trades at more than US$1,200 per share.
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“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,” said Dwaipayan Sadhu, chief executive officer of Trust.
The digital bank’s latest offering comes as US equities take a brief pause from their record-setting run in 2025, following US President Donald Trump’s latest tariff salvo at China.
The S&P 500 has gained more than 13 per cent year to date, while the tech-heavy Nasdaq has climbed more than 15 per cent.
