How to invest in U.S. stocks with Superhero

by

Superhero Team

August 13th 2021 3 minute read

The Superhero online trading platform and mobile app allow you to trade ASX and U.S. stocks and ETFs in the one place. The U.S. stock market presents a lot of investing opportunities, and Apple (the largest company in the world) is larger than the entire Australian stock market combined!

With Superhero you have access to a range of features for U.S. stock trading with no monthly account fees:

  • Trade over 4,500 U.S. shares and ETFs
  • $0 brokerage on trades
  • Fractional shares
  • Real-time FX transfers at 0.5% (no express funding fee)
  • Market and limit orders
  • Automatic W8-Ben form completion and tax reporting

How to trade U.S. stocks with Superhero

Trading U.S. stocks with Superhero is simple. To get started:

  1. Log in to your Superhero account
  2. Deposit Australian dollars into your Superhero wallet
  3. Transfer Australian dollars to U.S. dollars in real time
  4. Use the Invest tab to find stocks and ETFs
  5. Click on the stock you wish to invest in and place a trade

The U.S. market isn’t open until 11:30pm AEST but you can still place an order at any time and it will trade when the market opens (depending on the type of order).

What U.S. stocks can I invest in?

Superhero offers 4,500 different U.S. stocks and ETFs. To help you easily find stocks to invest in, we’ve organised our Invest tab into categories. Some of these include:

  1. U.S. Tech Giants
  2. eCommerce
  3. U.S. Brands
  4. Fresh U.S.
  5. Healthcare
  6. Travel

A good place to start would be thinking about the U.S. companies you know and see used every day. Peter Lynch, often regarded as one of the greatest investors of all time said “Know what you own, and know why you own it.” 

What are the fees for investing in U.S. stocks?

With Superhero you can trade U.S. shares and ETFs for $0 brokerage. The only fee you will be charged is US50c per AUD100 when you transfer between Australian and U.S. dollars. For full details please see the Superhero fee schedule.

Where do I start?

A good place to start would be browsing the invest tab for some companies you might be interested in. You can use our star feature to follow these stocks and track their performance. Once you’re ready to invest, deposit funds, transfer to USD in real time and place your order.