Why Aussies choose Superhero
Compare Superhero to the market and discover why we have Australia's happiest investors.
Compare the Superhero trading experience and find out why we’re Money Magazine’s Best Value Online Broker for 2022, 2023, 2024 and 2025.
| Stake | Commsec | SelfWealth | ||
| Brokerage | From $2 | $3 or 0.01% over $30k | $5 - $29.95 or 0.12% over $25k | $9.50 |
|---|---|---|---|---|
| Auto Invest | ||||
| Instant Funding | 0.5% | Only Osko | ||
| Live Data | $14/mth | |||
| Market Depth | $14/mth | |||
| Trade with unsettled funds | ||||
| Limit Orders | ||||
| Stop Loss Orders | ||||
| Minimum Initial Investment Amount | $10 | $500 | $500 | $500 |
| Account Types | Individual, minor, company, trust and SMSF | Individual, company, trust and SMSF | Individual, minor, company, trust, joint, SMSF | Individual, minor, company, trust, joint, SMSF |
| Referral Bonus | ||||
| Exchanges Available | ASX, CBOE | ASX, CBOE | ASX, CBOE | ASX, CBOE |
| Stake | Commsec | SelfWealth | |||
| Brokerage | From US$2 | US$3 or 0.01% over $30k | Greater of US$5 or 0.12% | US$9.50 | |
|---|---|---|---|---|---|
| Instant Funding | 0.50% | Only Osko | |||
| Instant FX transfers | 0.50% | ||||
| FX transfer fee | 50bps | 55bps | 0.55% | 60bps | |
| Auto Invest | |||||
| W-8 BEN form fee | $0 | $0 | $0 | $0 | |
| Trade with unsettled funds | $0 | A$14/mth | $0 | $0 | |
| Inactivity fee | $0 | $0 | $0 | $0 |
The reviews are in
“Applied and approved within minutes. Miles ahead of the banks and other brokers in terms of speed to get people into the market faster and their web app UX is amazing.”
“The ease of use of Superhero is just amazing! On the few times I’ve needed support, it’s been resolved in minutes.”
“Easy to use app. Trustworthy. Reliable. Nice interface. Good experience.”
“My experience with using this platform is nothing but praise. Having traded for decades using all sorts of bank/broker platforms this is by far the best.”
“Extremely easy to use. Enables me to trade both USA and AUS.”
“Great trading site, easy to use. Any queries have been handled very promptly by staff via email.”
“Love that investments in shares can be as low as $10 and brokerage fee is only $2. One purchase failed but telephoning was fast and person talked me through it.”
“The service consultant was professional, fast, and friendly.”
“One of the best on the market thus far – I recently stumbled onto this hidden gem. Easy to sign up and gives you the ability to make trades on stock you want to invest in, here in Australia and overseas without the hefty fees from other companies similar to superhero.”
“I liked how easy it was to open an account. 1st time buyer and was apprehensive.”
“Site is very user friendly and transactions are notified promptly.”
“First time trading, easy platform to use, recommend to first timers.”
“Superhero is a fantastic application, I love the menu and tools.”
“Love the platform and chat function also very helpful and easy.”
“Never used the site before but I found the process to be user friendly. Setting up the account and depositing funds was a straight forward process, trading is as simple as anything other site, made the order set the limit went to bed and next morning it was done.”
“Very easy to use and great how you can invest a small amount at a time.”
“Really easy to use and intuitive. It’s easy to send money to your wallet (arrives instantly) and easy to buy.”
“Very easy to set up with intuitive UI, I like it.”
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Frequently Asked Questions
Good news! There are no fees for moving your ASX and U.S. shares to Superhero. Just a heads-up, your current broker might charge for transferring shares out.
No. FX fees are only charged when you move money between your Australian Wallet and your U.S. Wallet, or the other way around. For your regular trades, there are no FX fees to worry about.
A W-8BEN form is important for you if you’re trading US shares or ETFs on your Superhero account and aren’t a US citizen or tax resident. It ensures that your trading activities are in line with the necessary tax regulations for non-US individuals. Find out more here.